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Tag: startup
India Startup King Loses Luster After Theft Accusations
(Bloomberg) — In the annals of controversial startup founders, there’s a special place for the likes of Uber’s Travis Kalanick and WeWork’s Adam Neumann. Now, India’s Ashneer Grover could join t...
Hypersonic aircraft start-up Hermeus raises $100 million
The company test firing the Quarterhorse aircraft’s engine at an unveiling event in 2021. Hermeus Hypersonic aircraft startup Hermeus on Thursday announced a $100 million round of funding that i...
African Crypto Startup, Basqet Launches Payment Gateway to Enable Businesses Accept Bitcoin
press release PRESS RELEASE. Recently, blockchain payments startup Basqet announced the launch of its cryptocurrency payments gateway which will allow businesses to accept Bitcoin and other cryptocurr...
Fractional Investing Company Public Acquires NFT Startup Otis – Finance Bitcoin News
The fractional investing company Public announced the acquisition of the digital collectibles and non-fungible token (NFT) technology startup Otis. Public’s co-CEO believes the acquisition will give P...
Impossible Foods sues start-up Motif FoodWorks for patent infringement
A customer picks up a package of Impossible Burger plant based meat during the Impossible Foods Inc. grocery store product launch at Gelson’s Markets in Los Angeles, California, U.S., on Friday,...
Startup Upstream Raises $12.5 Million For Its ‘DAO In A Box’ Web3 Tools
Upstream founders Michael Schonfeld and Alex Taub (second row, center and right) with members of the Web3 startup’s team. Upstream Entrepreneurs Alex Taub and Michael Schonfeld once built softwa...
Chemicals-To-Retail Conglomerate Lotte To Buy $150 Million Stake In Korean Car-Sharing Unicorn Startup
Lotte chairman Shin Dong-bin. Chung Sung-Jun/Getty Images Lotte Rental, the rental car unit of South Korean conglomerate Lotte Group, said on Monday it is acquiring a 13.9% stake in car-sharing unicor...
NFT Gaming Startup Immutable raises $200M, reaches valuation worth $2.5B
Ethereum NFT Gaming Startup Immutable recently announced the raise of Series C funding led by Temasek. Robbie Ferguson, the co-founder and President of Immutable, is quite a believer in the potential...
Bitcoin Mining Startup Blockmetrix Raises $43M in Series B Round
Blockmetrix plans to grow rapidly by using the maximum amount of available capital and debt to buy mining rigs, while controlling power costs through various joint ventures, CEO and co-founder Nevin B...
Animoca-Backed Australian NFT Startup Immutable Raises $200 Million At $2.5 Billion Valuation
Siblings James Ferguson and Robbie Ferguson, cofounders of Immutable. Forbes Sydney-based NFT startup Immutable—backed by the likes of U.S.-listed cryptocurrency exchange Coinbase and billionaire Sam ...
Payments Startup Stax Gets Unicorn Status after Raising $245M
Payments platform, Stax announced on Tuesday the closure of a $245 million funding round that took the valuation of the company to $1 billion. The valuation was reached after raising an additional rou...
JetBlue founder’s startup Breeze Airways plans to nearly double its routes
David Neeleman, founder and chief executive officer of Breeze Airways, during a champagne christening before the airlines’s inaugural flight at Tampa International Airport (TPA) in Tampa, Florid...
Sydney-Based NFT And Gaming Startup Immutable Secures $200 Million In Funding
The NFT sector continued to expand, while Bitcoin, Ethereum, and the broader cryptocurrency market maintained a range-bound trajectory as a result of the financial markets’ conflict-induced predicamen...
Immutable, the NFT startup raises $ 200 million- The Cryptonomist
Immutable, the scalable, zero-emissions platform for trading NFTs on Ethereum, has raised $200 million in Series C funding, bringing its valuation now to $2.5 billion. The capital will be invested to...
Tiger Global-Backed Indian Seafood Marketplace Startup More Than Doubles Valuation In Three Months
A local fish market in Mumbai, India. Hindustan Times via Getty Images Captain Fresh, an AI-powered seafood marketplace startup based in Bengaluru, has raised $50 million in Series C funding, more tha...
Blockchain data infrastructure startup BlockVision closes $5M in seed funding » CryptoNinjas
BlockVision.org, a Web 3.0 data infrastructure startup, today announced it has closed a $5 million seed funding round led by Shima Capital, Synergis Capital, and Qiming Venture Partners, with further ...
Immutable Raises $200 Million in Temasek-Led Series C, NFT Startup Now Valued at $2.5 Billion – Finance Bitcoin News
Following the startup’s partnership with Gamestop, the Sydney-based blockchain firm Immutable announced it raised $200 million in a Series C financing round led by Temasek. The company is now valued a...
Ethereum NFT Gaming Startup Immutable Hits $2.5B Valuation After $200M Raise
In brief Temasek led the $200 million round, with participation from Animoca Brands and Tencent. Immutable X is an Ethereum scaling solution used by firms like GameStop and TikTok. Immutable, the Aust...
Immutable NFT start-up raises $200M in a funding round
TL;DR Breakdown Immutable raises $200 million in Series C financing round. The firm has plans to grow internationally, increase its staff, and investigate M&A possibilities. Investors continue to ...
NFT Layer 2 startup Immutable raises $200M, now valued at $2.5B
Immutable, the startup behind the NFT-focused scaling network Immutable X, has raised $200 million in a Series C funding round and is now valued at $2.5 billion. Temasek, a Singapore government-owned ...
Sequoia-Backed Indian Fintech Startup CredAvenue Becomes Unicorn With $137 Million Investment
Indian fintech CredAvenue helps mid-size and larger businesses find loans. getty Chennai-based fintech startup CredAvenue raised $137 million its Series B funding round, gaining the two-year-old start...
Group Ride Share Startup Fetii Launches Crowdfund Campaign
15-seat van operated by group ride share company Fetii Fetii While Matthew Iommi was a senior at Texas A&M University a few years ago, he and a friend made a life-changing discovery as they owned ...
API-Based NFT Startup Rarify Raises $10M Funding Round, Led by Pantera Capital
Rarify, an application programming interface (API) platform, announced on Thursday that it raised $10 million in a Series A funding round led by crypto investment firm Pantera Capital. Rarify said tha...
City-building startup Praxis secures $15M in Series A Funding
Peter Thiel-backed city-building startup Praxis has raised $15 million in Series A funding from a variety of crypto venture firms led by Paradigm Capital, Sam Bankman-Fried’s Alameda Research, a...
NFT infrastructure startup Rarify raises $10M from Pantera Capital
NFT infrastructure startup Rarify has raised $10 million in Series A funding from Pantera Capital at a valuation of $100 million. The backing from Pantera Capital appears significant as the company is...
Why Gate.io Startup Is One Of The Leading IEO Platforms
With the global crypto market expanding at an incredible pace, investors across the world have been looking for hidden gems, hoping to find the ‘next big thing.’ IEO platforms, like Gate.io’s Startup,...
Chinese Self-Driving Truck Startup Secures $188 Million In Funding From Sequoia China And Legend Capital
Inceptio’s autonomous driving heavy-duty trucks. Courtesy of Inceptio Autonomous driving truck startup Inceptio Technology has raised a $188 million funding round led by Sequoia Capital China an...
GM sells its stake in embattled EV start-up Lordstown Motors
The Lordstown Motors factory is where GM once operated, in Lordstown, Ohio, on October 16, 2020. Megan Jelinger | AFP | Getty Images General Motors sold its stake in Lordstown Motors during the fourth...
GameFi startup X rush valued at $10 million after seed funding led by KuCoin Ventures
X Rush, a casual play-to-earn game with racing and shooting gamefi experience has completed a successful seed round funding which rushes the value of X Rush at $10 million dollars, led by KuCoin Vent...
EV startup Canoo posts wider quarterly loss
Shares of Canoo Inc. GOEV, -0.17% fell more than 7% in the extended session Monday after the electric-vehicle startup reported a wider-than-expected quarterly loss. Canoo said it lost $138.1 million, ...