AWS Startups Blog

AWS Editorial Team

Author: AWS Editorial Team

Amazon Web Services

tips for funding startups

Settld: Finding Grant Funding for your Startup

There are different ways of securing early startup cash, aside from personal bank loans or begging family and friends. One option is grant funding. Whilst there are caveats of relying upon this approach, the cash comes with no equity dilution and can offer a pre-revenue lifeline. Here is what Settld has learnt from going through the process so far.

Enabling AI and Machine Learning Model Training with Teraki

The Teraki platform, built by AI startup Teraki, automatizes intelligent sensor processing for telematics, video, and 3D point cloud data. The platform is developed with a single ideological concept/goal: Deliver scalability to manage the increasing need to handle sensor data from vehicles and devices in high volumes. Here’s how the team is leveraging AWS IoT services to do it.

Serverless Architecture Powers MONEI’s Fast, Secure, and Scalable Digital Payment Solutions

Based in Spain, fintech startup MONEI was founded in 2019 and recently won AWS’s Startup Architecture Challenge: Iberia, which comes with a prize of $25,000 in AWS credits. In its winning submission, MONEI’s CTO Dmitriy Nevzorov highlighted how building a 100% serverless architecture using AWS formed a central part of the company’s strategy, allowing it to focus on reliability and scalability and provide low-cost solutions to its customers.

येLo (Yelo Bank): Using AWS to Provide Financial Solutions for the ‘Next Half Billion’

येLo (Yelo Bank), which was founded in 2019 and started building its banking platform in January 2020, recently won AWS’s Startup Architecture Challenge program in India, which comes with a prize of $25,000 in AWS credits. In its winning submission, येLo co-founder and CTO Nishant Chandra highlighted how building the neo-banking stack using AWS gave the startup a simple, elegant, and secure architecture.