The leading investor is Andreessen Horowitz, a private American venture capital firm that invests in seed, start-ups, early, mid-stage, growth, and late-stage. Earlier, a16z already invested in SpaceX...
Tag: valuation
Web3 assets rapidly fell as valuation rapidly shrunk in 2022
Web3, the decentralized internet platform, was massively impacted during the bear stretch of 2022, Fred Wilson, a partner at Union Square Ventures, observes. In an article published on Dec. 31, he rev...
The Valuation Game: SpaceX Soars as Elon Musk Slips to No. 2
Quiet weeks are rare in Elon Musk’s world. This past Monday, Bloomberg reported that Musk was raising funds for his space company, SpaceX. At $77 a share, the offer would lift Space X’s valuation 12%,...
Tesla stock is trading at its ‘cheapest valuation’ in years, Wedbush’s Dan Ives says
The steep slide in Tesla’s (TSLA) stock price this year is starting to catch the eye of valuation watchers. “Not since 2018 has Tesla traded at these levels,” Wedbush analyst Dan Ive...
Here’s How ETH Price Might Forge Ahead, Per Three Valuation On-chain Indicators
Venturefounder, an analyst at blockchain data provider CryptoQuant, has shared an insight on how ETH’s price might forge ahead, drawing inferences from three on-chain valuation indicators. A few...
FTX-backed African Fintech Chipper Cash’ Valuation Falls to $1.25B
Exchange News Chipper Cash has also laid off as many as 50 workers. The $35 million investment from FTX is reportedly the cause of the fintech’s value decline. The valuation of Chipper Cash, one of th...
Chipper Cash Valuation Dropped to $1.25 Billion After it Secured Additional Funding From FTX – Featured Bitcoin News
After Chipper Cash ended 2021 as one of Africa’s most valued fintechs, the FTX-backed startup’s valuation dropped from $2 billion to $1.25 billion after it reportedly received a $35 million simple agr...
Why Is Blockstream Raising Funds at Lower Valuation?
Earlier this year, Blockstream collaborated with two global giants for mining betterment. Since the last couple of months, the crypto market has been struggling hard, and whenever the market tries to...
Blockstream raises funds for mining at 70% lower company valuation
The depths of a bear market may not be the best time to raise funds but that is exactly what Blockstream is doing. The crypto infrastructure firm has received fresh funding, but at a much lower valuat...
Fanatics valuation hits $31 billion after $700 million investment round
Fanatics CEO and co-chair Michael Rubin Shareif Ziyadat | Filmmagic | Getty Images Michael Rubin’s sports platform company Fanatics has raised $700 million in fresh capital, pushing its value to...
Michael Rubin Adds $1.1 Billion To Fortune On Fanatics’ $31 Billion Valuation
Topline Private equity firm Clearlake Capital Group recently led a roughly $700 million funding round in sports apparel giant Fanatics valuing the company at $31 billion, a source with knowledge of th...
Indonesia-based Startup GoTo Losses $22 Billion in Valuation after IPO
GoTo is not the only Asian tech company to plummet in valuation after its public launch. In the most recent waves hitting global tech startups, Indonesia’s GoTo has lost about 70% of its valuation sin...
Ngrave looks to raise $15 million Series A at $60 million pre-money valuation
Ngrave, a crypto hardware wallet manufacturer, is aiming to raise $15 million in a Series A funding round, according to a pitch deck obtained by The Block. Binance Labs is leading the round, a s...
Why Valuation Support Is Unlikely To End The U.S. Bear Market
Markets have fallen materially in 2022, but valuation is unlikely to provide much support (Photo by … [+] Spencer Platt/Getty Images) Getty Images Bear markets end typically end with less bad ec...
Multichain DAO builder XDao closes token round at $50 million valuation
XDao, a startup that helps DAOs expand across different blockchain networks, has raised $2.3 million in a seed round at a $50 million valuation. Investors in the round include Panony, DWF Labs,...
Crypto Tycoon Jihan Wu’s Matrixport Mulls New Funding At $1.5 Billion Valuation
Jihan Wu, cofounder and chairman of Matrixport. Matrixport Matrixport, the Singapore-based crypto financial services firm, has received $50 million in commitments from investors at a valuation of $1.5...
Matrixport is seeking to raise $100 million in funding at a $1.5 billion valuation
Crypto financial services firm Matrixport is seeking to raise $100 million in funding at a $1.5 billion valuation, as first reported by Bloomberg. The startup was looking to raise at a $1 billion valu...
Asia Crypto Lender Matrixport Seeks Fundraise At $1.5B Valuation
One of Asia’s biggest cryptocurrency lenders Matrixport Technologies Pte is looking to raise a staggering $100 million in fresh funding at a $1.5 billion valuation. This development comes at a time wh...
FTX Exchange Valuation Falls From $32B To $1
– Advertisement – FTX’s valuation tanks as Binance abandons the acquisition deal. Bloomberg’s wealth index now believes FTX to be worthless, as Binance has announced its decision to pull o...
Canada’s third-largest pension fund invested in FTX at $32B valuation
The third-largest pension fund in Canada could suffer major losses as part of the FTX fallout. The Ontario Teachers’ Pension Plan was among a handful of investors that participated in a $400 million S...
Crypto exchange Coinmetro raises funds at $180 million valuation
Crypto exchange Coinmetro has raised 7 million euros ($7 million) in a strategic funding round backed by three angel investors and 100 existing shareholders. The funding round takes Coinmetro...
Band Protocol Price Prediction: BAND/USD Explodes in Valuation
Join Our Telegram channel to stay up to date on breaking news coverage Band Protocol (BAND) Price Prediction – November 4 After features of lower-ups and lower-downs of the BAND/USD trade operations, ...
Powell Snub Leaves Stock Bulls Facing Ruthless Valuation Math
(Bloomberg) — With hopes dashed of a Federal Reserve reprieve, investors are being forced to do something they’ve been trying to avoid all year: assess stocks on their merits. What they’re seein...
Amber Group reduces valuation, seeks additional $100 million: Bloomberg
Tumultuous market conditions caused crypto trading platform Amber Group to reduce its valuation as the company pursues a new funding round. Amber Group now seeks $100 million at the same $3 bill...
MonkeyBids and Lithium Finance Collaborate to Blend Valuation and Auction Experience
7 hours ago | 2 mins read NFT News Solana-based decentralized auction platform MonkeyBids has partnered with illiquid asset valuation tool Lithium Finance to improve the accuracy and transparency of p...
Qualcomm Stock Is Near an All-Time Low Valuation. Look Beyond the Short-Term.
Investors should look beyond Qualcomm’s short-term financial results when the maker of mobile processors and 5G wireless chipsets reports earnings Wednesday, a Bernstein analyst says. Qualcomm (ticker...
Apple and Microsoft market caps reached their largest spread on record — at roughly Tesla’s entire valuation
The divergent performances of Apple Inc. and Microsoft Corp. in the wake of their latest earnings reports widened the spread between the two companies’ market values to the largest on record at more t...
Blockchain.com Eyes Funding at 70% Lower Valuation: Report
The firm was last valued at $14 billion in March, nearly triple what it was worth just one year earlier Reports indicate Blockchain.com is now seeking to raise at as little as $3 billion Crypto exchan...
Stocks will lag behind bonds and even decline over the next 10 years, says a valuation model based on eight indicators
For the first time in years, valuation-focused advisers have something to brag about as they approach the end of year. This end-of-year period is when it’s traditional to review prior-year forecasts, ...