Category: funding
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PEXX Raises $4.5 Million in Seed Funding for its Innovative Stablecoin-to-Fiat Payment Platform
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(Press Release – Singapore, Singapore, 16 July 2024) PixA leading fintech startup specializing in cryptocurrency and blockchain technology today announced the successful closing of a $4.5 million seed funding round. This significant investment will drive the development of the company’s innovative solutions Stablecoin to Fiat Payment PlatformIt is set to…
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PEXX Raises $4.5 Million in Seed Funding for its Innovative Stablecoin-to-Fiat Payment Platform
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(Press Release – Singapore, Singapore, 16 July 2024) PixA leading fintech startup specializing in cryptocurrency and blockchain technology today announced the successful closing of a $4.5 million seed funding round. This significant investment will drive the development of the company’s innovative solutions Stablecoin to Fiat Payment PlatformIt is set to…
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Atos secures funding of $1.82 billion to restructure its debt By Reuters
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French IT company Atos said on Monday it had secured 1.675 billion euros ($1.82 billion) in financing to restructure its debt through a closing agreement with a group of banks and bondholders representing more than 50% of its creditors. Atos said the remaining creditors have until July 22 to participate…
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Mullen Automotive secures additional funding through notes By Investing.com
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Mullen Automotive Inc. (NASDAQ:), a leader in the electric vehicle market, has secured additional financing through the issuance of convertible notes and warrants, as detailed in a recent 8-K filing with the Securities and Exchange Commission (SEC). On Monday, July 9, 2024, the Company entered into agreements with certain investors…
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AI deals lift US venture capital funding to highest level in two years, data shows By Reuters
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By Crystal Ho (Reuters) – U.S. venture capital funding jumped to $55.6 billion in the second quarter, the highest quarterly total in two years, according to data from PitchBook released on Wednesday. The latest figure represents a 47% jump from the $37.8 billion raised by U.S. startups in the first…
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Exclusive-AI coding startup Magic seeks $1.5-billion valuation in new funding round, sources say By Reuters
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Written by Anna Tong and Crystal Ho (Reuters) – U.S. startup Magic, which develops artificial intelligence models for writing software, is in talks to raise more than $200 million in a funding round that values it at about $1.5 billion, three sources told Reuters, just months after its latest capital…
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Amid election nerves French city traders rush to secure funding as they foresee the worst blow to bonds
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Worst bond rout since sovereign debt crisis sees companies rush to Securing financing Ahead of a potential capital drought. A hit to stocks worth about $200 billion. French President Emmanuel Macron’s decision earlier this month to confront the gains of the far right across Europe Quick poll At home he…
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President Ruto’s pet projects hit by funding delays
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Major road and housing projects as well as financing for small businesses are facing disruption as the Treasury faces difficulties in disbursing funds due to revenue challenges. The lack of funding will also leave Kenyans suffering from poor medical, water, electricity and education services, with the Treasury failing to release…
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Blockchain startups secure $109.3m in funding
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This week, the blockchain sector saw 34 startups raise $109.3 million in various funding rounds, from Series A to grants. Cryptocurrency fundraising for the week of June 9-15, 2024 | source: Crypto fundraising Major funding rounds highlight a variety of innovative projects that push the boundaries of web3, privacy, identity,…
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Blockchain startups secure $109.3m in funding
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This week, the blockchain sector saw 34 startups raise $109.3 million in various funding rounds, from Series A to grants. Cryptocurrency fundraising for the week of June 9-15, 2024 | source: Crypto fundraising Major funding rounds highlight a variety of innovative projects that push the boundaries of web3, privacy, identity,…
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WorkL Secures £2M Series A Funding from Calculus Capital to Propel Global Expansion
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WorkL, the organization behind the World’s Happiest Workplaces and Sunday Times Best Workplaces lists, has raised £2 million in a Series A funding round, in partnership with Calculus Capital. This financing aims to accelerate WorkL’s international growth after five successful years of expansion. Founded by Lord Mark Price, former Deputy…
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French Startup, Mistral AI, Secures $640M Funding To Challenge Industry Giants
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Mistral AI team in Paris / Source: Mistral AI In the rapidly evolving world of artificial intelligence (AI), a French startup, Mistral AI, as a formidable competitor, ready to challenge the dominance of industry giants like OpenAI, Meta, and Anthropic. Founded in 2023 by former employees of tech giants Meta…
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Gener8 Closes £2m Funding Round, Valuing Company at £39m
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Gener8 – a free-to-use app that enables people to control and be rewarded from their data – has announced a £2m funding round, valuing the company at £39m. A group of investors participated in the round and were joined by previous investors including musician Tinie Tempah, legendary football manager, Harry…
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Arbitrum DAO Agrees To Distribute $216 Million In Funding
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Arbitrum Foundation, A Decentralized Autonomous Organization (DAO) Arbitrum, the company responsible for developing and nurturing the Arbitrum ecosystem, has agreed to start a support fund aimed at developing projects in its gaming ecosystem. The organization has revealed plans to distribute a whopping $216 million to improve the gaming ecosystem. Arbitrum…
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ScroogeToken Launches with Daily Rewards and $150K Funding
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(Press release – Dover, Germany, USA, June 8, 2024) The world of cryptocurrencies welcomes an exciting new project, ScroogeToken, an innovative token that aims to offer rewards and investment potential. Inspired by the famous Disney character Scrooge McDuck, ScroogeToken is designed to provide a unique and effective user experience. ScroogeToken…
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ScroogeToken Launches with Daily Rewards and $150K Funding
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(Press release – Dover, Germany, USA, June 8, 2024) The world of cryptocurrencies welcomes an exciting new project, ScroogeToken, an innovative token that aims to offer rewards and investment potential. Inspired by the famous Disney character Scrooge McDuck, ScroogeToken is designed to provide a unique and effective user experience. ScroogeToken…