Singapore Has A New Backer For Travel And Retail Startups In Asia

Gharage is in search of some winning investment opportunities in Asia. getty The business incubator and venture builder, Gharage, has landed in Singapore in pursuit of early-stage travel and retail st...

SVB collapse unlikely to hit fundraising for Southeast Asia startups: VCs

SANTA CLARA, CA, US – MARCH 13: People wait outside the Silicon Valley Bank headquarters in Santa Clara, CA, to withdraw funds after the federal government intervened upon the bank’s colla...

DeFiance Capital completes first close of $100 million liquid token fund

Arthur Cheong’s crypto investment firm is back in the game after getting hit by the now-bankrupt crypto hedge fund Three Arrows Capital. DeFiance Capital completed the first close of a new...

Third-biggest bank failure in U.S. history

The Signature Bank headquarters at 565 Fifth Avenue in New York, US, on Sunday, March 12, 2023. Lokman Vural Elibol | Anadolu Agency | Getty Images On Friday, Signature Bank customers spooked by the s...

Bitcoin (BTC), crypto prices surge as SVB depositors protected

Jakub Porzycki | Nurphoto | Getty Images Cryptocurrencies rallied on Monday as the U.S. government moved to protect depositors of the collapsed Silicon Valley Bank and HSBC bought the lender’s U...

Silicon Valley Bank Collapse Is A Blow To Clean Energy Tech, Regardless Of What Happens In The Next 24 Hours

On March 10th Silicon Valley Bank (“SVB”) failed. Since that time there has been a lot of shouting from all sides on what type of economy and banking system should exist and how that should inform the...

You have an elegant fix for the Silicon Valley Bank crisis

“CNBC Special: America’s Banking Crisis” airs Sunday at 7 p.m. ET, where Jim and other experts will discuss the ramifications of Silicon Valley Bank’s demise on the economy and...

Treasury Secretary Janet Yellen says U.S. government won’t bail out Silicon Valley Bank

Janet Yellen, US Treasury secretary, speaks during a Financial Stability Oversight Council (FSOC) meeting at the Treasury Department in Washington, DC, US, on Friday, Dec. 16, 2022. Ting Shen | Bloomb...

Venture investors vow to work with Silicon Valley Bank if new owner found

A sign hangs at Silicon Valley Banks headquarters in Santa Clara, California on March 10, 2023. Noah Berger | AFP | Getty Images More than three hundred venture capital firms have signed a joint state...

Silicon Valley Bank employees received bonuses hours before takeover

Police officers leave Silicon Valley Banks headquarters in Santa Clara, California on March 10, 2023. Noah Berger | AFP | Getty Images Silicon Valley Bank employees received their annual bonuses Frida...

After Silicon Valley Bank Fails, Tech Startups Race to Meet Payroll

Tech startups and other businesses raced to line up sources of cash for payroll and other immediate needs after their deposits in Silicon Valley Bank, long a linchpin of tech financing, were locked up...

“The government has about 48 hours to fix a-soon-to-be-irreversible mistake”: Bill Ackman warns some businesses may not be able to meet payroll after SVB’s failure

“The government has about 48 hours to fix a-soon-to-be-irreversible mistake. By allowingSVB Financial to fail without protecting all depositors, the world has woken up to what an uninsured deposit is ...

Silicon Valley investors and founders express shock at SVB collapse

Nikolas Kokovlis | Nurphoto | Getty Images Venture capitalists and technology executives are scrambling to make sense and account for the potential repercussions of the sudden implosion of Silicon Val...

Fintech Brex got billions of dollars in Silicon Valley Bank deposits Thursday

Fintech startup Brex received billions of dollars in deposits from Silicon Valley Bank customers on Thursday, CNBC has learned. The company, itself a high-flying startup, has benefited after venture c...

Meet K2 Space, a spacecraft startup leveraging SpaceX Starship

Cofounders and brothers Karan Kunjur, left, and Neel Kunjur. K2 Space A pair of brothers is aiming to challenge the way spacecraft are built, by going against the industry trend and designing massive ...

VCs urge startups to withdraw funds from Silicon Valley Bank

Venture capital firms on both sides of the Atlantic have been urging their portfolio companies to move money out of embattled lender Silicon Valley Bank, deepening fears of a run on the tech-focused b...

Crypto VCs urge portfolio companies to pull funds from Silicon Valley Bank

Crypto-focused venture capital investors have advised their portfolio companies to withdraw funds from Silicon Valley Bank, which is struggling to reassure clients after moves to shore up its balance ...

Mike Smerklo, Next Coast Ventures

Mike Smerklo, Cofounder of Next Coast Ventures Image Provided By Next Coast Ventures This article is a part of the “Navigating The 2023 VC Landscape,” which previously featured Greg Baker of Alumni Ve...

Coinbase Ventures, Brevan Howard among early backers of compliant DEX Mauve

Violet, which offers compliance and identity infrastructure for decentralized finance, launched its compliance-focused decentralized exchange, Mauve. Coinbase Ventures and Brevan Howard joined t...

OpenSea, ConsenSys among prized crypto startups with shares available at big discounts

As the crypto industry suffers, decacorns can be yours at mere unicorn prices. Shares in numerous private crypto startups are currently being offered at sizable discounts on Birel.io, a platform...

Tensor — the ‘Blur of Solana’ — raises $3 million in seed funding

Tensor, which brands itself as “the Blur of Solana,” raised $3 million in a seed funding round. Placeholder VC led the round, with Solana Ventures, Alliance DAO, Big Brain Holdings, ...

Ethereum L2 Scroll reaches $1.8 billion valuation in new funding round: Source

Published 30 minutes earlier on Scroll, an Ethereum Layer 2 network that uses zk-rollups technology, raised $50 million in a new funding round. Investors in the round included Polychain Capital,...

Crypto Funding: DeFi replaces CeFi as VC Favorite

It’s been a quiet week in crypto funding. A little under $91 million was handed to cryptocurrency startups — down significantly from the $254 million the week prior.  The majority of this week’s ...

Arthur Hayes vows his family office Maelstrom will ‘f— some s— up’

Arthur Hayes, a co-founder founder of the Bitmex exchange, said he’s ready to “be more public” about his family office dubbed Maelstrom. “You will see our head of investments, Akshat Vaidy...

NFT finance protocol Insrt raises $2.2 million in SAFT round

Published 30 minutes earlier on Insrt Labs, the core contributor of the Insrt Finance protocol, raised $2.2 million in a pre-seed funding round. Hashkey Capital and Infinite Capital co-led the r...

Figment Capital seeks $50 million for second venture fund: source

Published 30 minutes earlier on Figment Capital, a crypto investment firm and a spin-off of staking infrastructure provider Figment, is launching its second fund. The firm, spun out of Figment I...

Conflux raises $10 million from DWF Labs in token round

Conflux, a Layer 1 blockchain developer, raised $10 million from DWF Labs. The investment will help Conflux expand its technology and grow its user base, DWF Labs said Wednesday. Conflux co-foun...

Cumberland Labs backed Hashnote launches regulated DeFi platform

Deals • February 28, 2023, 9:00AM EST A regulated decentralized finance (DeFi) platform for institutions, Hashnote, launched after a $5 million incubation with early stage blockchain investor Cumberla...

After split with Kanye West, UK audio startup Kano asks for funding

Kanye West arrives at the Vanity Fair Oscar Party on Feb. 9, 2020, in Beverly Hills, Calif. Evan Agostini | Invision | AP British audio and computing hardware startup Kano is planning to raise equity ...

AI Startups Boom In San Francisco Amid $100 Billion Google Mistake

Bessemer’s Sameer Dholakia, Jasper’s Shane Orlick, Stability AI’s Emad Mostaque, Replit’s Amjad … [+] Masad and Anthropic’s Dario Amodei at GenAI conference in San ...

Indian web3 gaming studio Kratos raises seed round at $150M valuation, acquires IndiGG

Kratos Studios, a web3 gaming startup based in India, reached a valuation of $150 million in a seed funding round of $20 million. Accel led the round, and other investors included Prosus Venture...

Web3 database developer Polybase raises $2 million in pre-seed funding

Deals • February 22, 2023, 9:01AM EST Published 30 minutes earlier on Polybase, a crypto startup developing a privacy-focused decentralized database, raised $2 million in a pre-seed funding round. ...