Category: funding
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FBI seizes Republican Representative Ogles’ cell phone in funding probe By Reuters
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WASHINGTON (Reuters) – Republican U.S. Representative Andy Ogles said on Tuesday that FBI agents seized his cellphone as part of an investigation into problems surrounding his disclosure of campaign funds. “Last Friday, the FBI seized my cell phone,” Ogles said in a statement posted to X, formerly known as Twitter.…
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Islamic State Demands Sharia Law-Compliant Crypto For Funding Terror Activities
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In a surprising development, the Islamic State (ISIS) group announced Now he calls for the use of cryptocurrencies. A new report has revealed that ISIS supports its terrorist operations as long as they adhere to Islamic law. Compiled by UN Analytical Support Research by the UN Sanctions Monitoring Team indicates…
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Islamic State Demands Sharia Law-Compliant Crypto For Funding Terror Activities
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In a surprising development, the Islamic State (ISIS) group announced Now he calls for the use of cryptocurrencies. A new report has revealed that ISIS supports its terrorist operations as long as they adhere to Islamic law. Compiled by UN Analytical Support Research by the UN Sanctions Monitoring Team indicates…
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Government scheme boosts UK chip start-ups with £10 million funding injection
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The UK government’s ChipStart programme has enabled semiconductor start-ups to secure over £10m in private investment and grants, with nearly £20m in total commitments. This initiative works to promote innovation in various fields, from the efficiency of artificial intelligence to advanced healthcare technologies. Eleven semiconductor start-ups have joined the second…
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Labour boosts clean energy funding with record £1.5bn auction
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The Labour government is set to significantly increase funding for clean energy projects, announcing a record £1.5bn for the summer subsidy auction – a 50% increase on previous figures. The push is aimed at revitalising the UK’s clean energy sector after the previous administration failed to secure any new offshore…
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Terrorists Prefer Cash Over Crypto for Funding
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Even with the widespread use of cryptocurrencies, traditional financing methods still prevail among terrorist organizations. Recent internal security investigations in Singapore have provided new insights into the financing methods used by these groups. Terrorist Threat Assessment in Singapore Singapore’s Ministry of Home Affairs has released its 2024 Terrorism Threat Assessment.…
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WienerAI presale enters final days after securing $8M in funding
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. WienerAI, the AI-powered memecoin, has entered the final presale with $8 million raised, showing strong interest and confidence. The world of cryptocurrencies is full of excitement. Winner Eye (WAI)The unique…
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WienerAI presale enters final days after securing $8M in funding
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. WienerAI, the AI-powered memecoin, has entered the final presale with $8 million raised, showing strong interest and confidence. The world of cryptocurrencies is full of excitement. Winner Eye (WAI)The unique…
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Owlto Finance secures new funding at $150m valuation
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Cross-chain interoperability protocol Owlto Finance has raised fresh funds in a round backed by Matrixport, pushing its valuation to $150 million. Owlto Finance, an interchain interconnection service developed as an Ethereum Layer 2 stacking solution, has raised fresh capital in a funding round backed by Matrixport, raising its valuation 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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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…