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Tag: Raises
Bill Gates’ nuclear company TerraPower raises $750 million
Bill Gates, co-founder of Microsoft and Chair of the Gates Foundation, walks to a morning session during the Allen & Company Sun Valley Conference on July 08, 2022 in Sun Valley, Idaho. Kevin Diet...
How Sri Lanka’s economic collapse raises alarm bells for other emerging markets
During the 2010s, Sri Lanka had one of the fastest-growing economies in Asia. Things took a 180-degree turn at the end of the decade as the country’s economy stumbled. In May 2022, the governme...
․bit Raises $13M to Build Cross-Chain Decentralized Identity Protocol – Sponsored Bitcoin News
sponsored .bit (did.id) has raised $13 million to build a cross-chain decentralized identity protocol. The Series A round, completed one year after the startup’s launch, was from CMB International, Ha...
DAO Raises Millions to Save Congo Forest – Trustnodes
A Decentralized Autonomous Organization, RedemptionDAO, has bid to become a key player in saving the Yasuní National Park, one of the most biodiverse regions in the world, and the Virunga National Par...
Network and token freeze after Acala exploit raises questions
The Acala Network’s aUSD stablecoin depegged by over 99% over the weekend and forced the Acala team to pause a hacker’s wallet, raising concerns about its claim of being decentralized. On Aug. 14, a h...
ReadON raises $2 million in seed funding round
ReadON, a decentralized content distribution platform, has raised $2 million in its latest seed funding round. The platform confirmed the development in a blog post on its handle. Reportedly, the fund...
Solana MEV infrastructure developer Jito Labs raises $10 million
Jito Labs, a crypto startup building infrastructure to mitigate the negative impact of maximum extractable value (MEV) on Solana, has raised $10 million in a Series A funding round. Sharing the news e...
IEA Raises Oil Demand Estimate for 2022; Here Are 2 Energy Stocks That Stand to Benefit
We’ve all seen the headlines lately, about Russia cutting back its natural gas exports to Germany – and to Western Europe generally. The cuts come in response to Western sanctions over the Ukraine war...
Fortress blockchain raises $22.5 million in seed funding
Fortress, a popular blockchain firm, has raised over $22.5 million in its latest seed funding round. The funding round was led by a family office asset management venture, Ayon Capital. Other investor...
CreatorDAO raises $20 million in funding round
CreatorDAO, a popular decentralized autonomous venture, has announced the completion of its latest funding round. Reportedly, the firm received about $20 million. The funding round was led by a16z Cry...
DeFi wallet startup Unstoppable Finance raises €12.5 million
Unstoppable Finance, a Berlin-based startup, secured a €12.5 million ($12.8 million) round led by Lightspeed Venture Partners to launch a non-custodial crypto wallet. Other investors in the Series A r...
Ford Raises Price for F-150 Lightning Electric Pickup Truck
Text size Ford’s F-150 Lightning truck previously cost around $40,000 to $90,000. It now ranges up to $96,874. Courtesy of Ford Ford Motor has increased the price of its electric F-150 Lightning...
Jito Labs Raises $10M from Multicoin Capital and Framework Ventures to Build Performant MEV Infrastructure For Solana
Austin, TX, United States, 11th August, 2022, Chainwire Jito Labs, an MEV infrastructure company building performant systems to scale Solana, has completed a $10M Series A. The round was led by Multic...
Overtime Raises $100 Million With Drake, Jeff Bezos And Kevin Durant On Its Cap Table
Overtime Elite game in Atlantic Station Overtime Elite Overtime, a sports media start-up for high school sports is big business as the company just raised $100 million in its Series D funding round fr...
Defi Wallet Unstoppable Finance Raises $12.8M in Series A Fund
Berlin-based Unstoppable Finance has announced a €12.5 million ($12.8 million) Series A funding round led by Lightspeed Venture Partners. According to Unstoppable Finance, Speedinvest, Rockaway Blockc...
Dutch Bros 2Q Revenue Jumps 44%; Raises Forecast
By Exec Edge Editorial Staff Dutch Bros Inc. (NYSE: BROS) coffee chain reported a sharp increase in revenue in the second quarter and raised its revenue guidance for the full year. Revenue rose 44...
Layer-1 Blockchain ‘Injective’ Raises $40M in…
Injective has managed to raise $40 million in a private token sale led by Jump Crypto according to reports from Tech Crunch. Brevan Howard Digital, the cryptocurrency arm of British billionaire hedge ...
DEX Protocol Injective Raises $40 Million Ecosystem Development Fund
Decentralized exchange (DEX) protocol, Injective announced today it has raised $40 million in a just-concluded funding round. According to the announcement, investors in the round include Jump Crypto ...
Disney raises prices for streaming services
Disney unveiled a new pricing structure that incorporates an advertising-supported Disney+ as part of an effort to make its streaming business profitable. Starting Dec. 8 in the U.S., Disney+ with com...
Creator financier CreatorDAO raises $20 million in seed funding from a16z
CreatorDAO, a decentralized organization that provides financial and technological support for creators, has raised $20 million in seed funding. The crypto-friendly venture firm a16z and Initialized...
Tamadoge Raises Upwards of $1.5 million within 15 days of its Presale
One of our most promising memecoins of this year, Tamadoge, has continued to attract a large following. Tamadoge has raised upwards of $1 million within 14 days of the first phase of its presale. Acco...
RISC Zero Raises $12m in Seed Round Led by Bain Capital Crypto
RISC Zero, a startup that creates scalable blockchains with zero-knowledge (zk) technology, announced that it had raised a $12 million seed round led by Bain Capital Crypto. According to RISC Zero, pa...
NFT media management platform Pinata raises $21.5 million
Pinata, a firm building a decentralized media management system for non-fungible tokens (NFTs), has raised a total of $21.5 million dollars in venture capital. Greylock, Pantera Capital and Offline ...
RISC Zero raises $12 million to build a blockchain using zero-knowledge proofs
Crypto startup RISC Zero has raised a $12 million seed round led by Bain Capital Crypto to build a scalable blockchain using zero-knowledge proof technology. Investment firm Geometry remains a follow-...
Gunzilla raises $46 million in funding round
Gunzilla, an autonomous AAA game studio, has raised $46 million in its latest funding round. The game studio confirmed the development in its blog post on Tuesday. The newly completed venture round wi...
Shariah-Compliant Islamic Coin Raises $200m, Beating All Records in 2022
Shariah-compliant Islamic Coin has secured $200M during its private sale from international private buyers. The crypto, targeting the world’s 2 billion Muslim population and ethics-first crypto adopte...
Line Games’ web3 gaming arm raises seed round to put popular titles on-chain
Line Games’ web3 gaming arm Nerdystar announced a $5.8 million seed round on Tuesday to produce blockchain games based on some of the brand’s most successful web2 titles. South Korean inve...