Canoo (GOEV), an electric car startup, has been fighting all year to get its “breakthrough” electric “lifestyle vehicles” on the market. There is a condition attached to the co...
Tag: startup
Crypto Startup Funding Down 40% in 2022 to Its Lowest
Although 2022 witnessed a major crash in crypto fundraises, it was still higher in comparison to 2018, 2019, and 2020. Market analysts expect VC investments in crypto to resume by the summer of 2023. ...
DeFi startup Quasar Finance raises $5.4 million at a $70 million valuation
Quasar Finance has raised $5.4 million in a round led by Shima Capital. The DeFi startup’s bridge round brings its valuation to $70 million and sees five new investors join its cap table, inclu...
Xiaomi-Backed Lidar Startup Hesai Planning to File for US IPO
The details of the IPO have not been disclosed, but if Hesai proceeds with all the steps on time, it might be the first Chinese company to launch an IPO in the US this year. Hesai Technology, the Chi...
Crypto Startup Funding Falls To 2-Year Low As Bear Market Drags On
Join Our Telegram channel to stay up to date on breaking news coverage Funding for crypto startups has dropped significantly as the crypto bear market continues. According to data provided by PitchBoo...
Ex-State Street Digital Head To Lead RegTech Blockchain Startup
Former State Street head of digital finance Nadine Chakar is now set to lead blockchain startup Securrency as its CEO. Chakar is expected to assume the role on Jan. 9. The firm’s fou...
Sports Giant Fanatics Sells Off Its Majority Stake in NFT Startup Candy Digital
Sports merchandising giant Fanatics has divested its majority stake in NFT firm Candy Digital, according to a company memo obtained by Decrypt. Fanatics CEO Michael Rubin informed employees of the mov...
Warner Bros. Discovery signs deal with startup Nielsen rival VideoAmp
Warner Bros. Discovery has signed a deal with VideoAmp to measure its audience as an alternative means of data for advertisers, the companies announced Tuesday. The contract is a significant moment f...
Chinese Startup Nezha Delivered More EVs Than Nio In 2022: Report
Chinese electric car startup Nezha has been grabbing eyeballs after claiming it made 152,000 vehicle deliveries in 2022, surpassing 122,486 deliveries by Nio Inc (NYSE: NIO). Nezha, a brand under star...
Tech investor predicts more web3 startup crashes in 2023
Fred Wilson, tech investor and co-founder of Union Square Ventures, reveals his outlook for 2023. While he thinks web3 startups will still struggle, he’s bullish on ETH projects. In his Jan. 1 blog p...
Startup Weekend Global Launches Global Hackathon
Over the next 3 months, Startup Weekend Global 2022 Web3 Edition will bring together 1,000+ participants across 110+ different countries to hack global challenges around the themes of Web3, DeFi, Gami...
Silicon Valley will remain ‘leader’ of the startup world
In recent years, entrepreneurship has spread outside of hotbeds like the Bay Area, with vibrant startups emerging in unlikely cities such as St. Louis, Atlanta, and Chattanooga. Still, Steve Case, the...
Mythical Games sues former execs for secretly raising $150m for new startup
Mythical Games, a web3-focused gaming unicorn, is suing its former execs for raising funds for a new startup and stealing investors from it. Mythical Games filed a lawsuit on Dec. 23 at a Los Angeles ...
This Indian sports tech startup lost millions — then made it big
Losing millions of dollars when they were 24 years old was a defining moment for entrepreneurs Harsh Jain and Bhavit Sheth. It felt “pretty terrible,” said Jain. “There’s no o...
Navigating Start-Up Success In Asia
Asia’s booming start-up scene is more vibrant and dynamic than ever. With growth being fueled by cross-border commerce, start-ups that are able to expand beyond their home countries can be more compet...
Aptos startup Blocto eyes the next billion Web3 users via chain-agnostic wallet
Blocto, a startup running on the Aptos blockchain, is looking to bring the next billion users to the Web3 ecosystem. On Wednesday, the startup’s team announced that this goal is very much achievable v...
NFT Startup Revel Raised $7.8M In Seed Funding
NFT trademark application filing increased approximately 3x in October 2022 compared to 2021. NFTs are digital collectibles that can not be copied. Revel is an NFT startup or “Social Collectible” p...
Polygon co-founder launches web3 startup accelerator Beacon
Sandeep Nailwal, co-founder of Polygon and Symbolic Capital, has launched a web3 startup accelerator. Called Beacon, the New York City-based accelerator said it will support early-stage crypto p...
Alameda gave $400 million to startup in same condo as SBF: CoinDesk
Modulo Capital, a relatively unknown firm that appears to have a lot in common with Sam Bankman-Fried and Caroline Ellison, received a $400 million loan from Bankman-Fried’s investment firm, Ala...
Introducing the $60M Axelar Ecosystem Startup Funding Program
Axelar, Dragonfly, DCVC and a list of top-tier investors launch a program to fund Web3 products that the centralized web cannot offer. NEW YORK–(BUSINESS WIRE)–Axelar, delivering secure interchain com...
Axelar launches $60M startup ecosystem program
The proof-of-stake (PoS) blockchain Axelar launched on Dec. 19 a $60 million startup funding program dedicated to accelerating the development of decentralized applications and protocols that can repl...
Microsoft Bets On This EV Battery Startup As Backbone Of Energy Transition
Group14 Technologies, a global manufacturer and supplier of advanced silicon battery technology, raised $214 million in additional financing from a consortium including Microsoft Corp’s (NASDAQ: MSFT)...
Oryen Network dApp Development May Bring Investment From Binance Start-Up Fund
Oryen Network has been making waves in the industry with its innovative approach to dApp development. With the support of Binance’s Start-Up Fund, Oryen could become even more of a powerhouse in the s...
Strategic HR For Startups: The PEO Solution
Partnering with a PEO Can Accelerate Your Startup’s Success Every entrepreneur hopes that their business will be successful. But success and growth mean a need for leveraging new expertise to support ...
New Math Startup Nillion Raises $20M From Over 150 Strategic Contributors
[Pr – New York, New York, 12th December, 2022, Chainwire] Investors bet on new internet infrastructure that the Founding Team of Uber, Indiegogo and Hedera Hashgraph think could create the next crypto...
CORRECTING and REPLACING Amidst the Bear Market, New Math Startup Nillion Assembles ‘Avengers Team’ and Raises $20m+ From Over 150 Strategic Contributors Without a Deck
Investors bet on new internet infrastructure that the Founding Team of Uber, Indiegogo and Hedera Hashgraph think could create the next crypto bull run NEW YORK–(BUSINESS WIRE)–Tenth paragraph, eighth...
Web3 startup Nillion closes $20m funding round
The non-blockchain web3 startup (Nillion), in collaboration with its over 150 strategic investors, closed its oversubscribed $20 million funding round. Nillion is a non-blockchain-based project with ...
Amid the Bear Market, New Math Startup Nillion Assembles ‘Avengers Team’ and Raises Over $20 Million From Over 150 Strategic Contributors
December 12, 2022 – New York, New York Investors bet on new internet infrastructure that the founding teams of Uber, Indiegogo and Hedera Hashgraph think could create the next crypto bull run. Web 3.0...