fund

PhonePe Raises US$750M in Ongoing US$1B Fundraising Effort

PhonePe, the digital payments platform owned by Walmart, has raised US$750 million in its ongoing fundraising effort to raise US$1 billion. The latest funding round was led by Walmart and included participation from several existing investors, including Tencent, Singapore's sovereign wealth fund GIC, and others.The funds raised will be used to expand PhonePe's operations and develop new products and services. The company plans to use the funds to expand its merchant network, invest in technology and infrastructure, and hire new talent.PhonePe has been growing rapidly in India's digital payments market,

Crypto 1 Launches $500M C1 Secondaries Fund for Global Investment in Blockchain, Crypto, and Web3 Companies.

Crypto 1, a leading investment firm in the blockchain and cryptocurrency space, has recently announced the launch of its $500 million C1 Secondaries Fund. The fund is designed to invest in global blockchain, cryptocurrency, and Web3 companies that have already achieved significant traction and growth.The C1 Secondaries Fund is unique in that it focuses on investing in secondary shares of companies that have already raised significant capital from other investors. This means that the fund will be able to invest in companies that have already proven their worth and have

Arbitrum Foundation Sells ARB Tokens Prior to Governance and Budget Ratification Vote

The Arbitrum Foundation, a non-profit organization that oversees the development and maintenance of the Arbitrum network, has recently sold a significant amount of its native ARB tokens before the community could vote on its governance and budget ratification.This move has caused concern among the community members, who are worried about the potential impact on the network's decentralization and transparency. The sale of tokens before the governance and budget ratification vote has been seen as a breach of trust by the foundation, which was expected to act in the best interest

Newly Launched Core Carbon Principles: Ensuring Governance and Integrity for Carbon Credits

The world is facing an unprecedented challenge in the form of climate change. The increasing levels of greenhouse gases in the atmosphere are causing a rise in global temperatures, which is leading to a range of environmental problems, including melting glaciers, rising sea levels, and more frequent and severe weather events. To address this challenge, countries around the world have committed to reducing their greenhouse gas emissions, and one way they are doing this is by using carbon credits.Carbon credits are a way for companies and organizations to offset their

Smalls Secures $19 Million in Funding for its Premium Fresh Cat Food Brand

Smalls, a premium fresh cat food brand, has recently secured $19 million in funding from investors to expand its business and reach more cat owners across the United States. The company, which was founded in 2017, has quickly gained popularity among cat owners who are looking for high-quality, nutritious food options for their feline companions.The funding round was led by Left Lane Capital, a growth-stage venture capital firm that focuses on investing in consumer brands. Other investors included Founder Collective, Companion Fund, Story Ventures, and Blue Scorpion Investments. With this

European Startup Funding Rounds Tracked from March 20-24: A Comprehensive Weekly Round-Up of Funding Activities.

The European startup ecosystem is constantly evolving, with new companies emerging and existing ones seeking funding to fuel their growth. Keeping track of the funding rounds can be a daunting task, but it is essential for investors, entrepreneurs, and industry observers to stay informed about the latest developments. In this article, we will provide a comprehensive weekly round-up of funding activities in Europe from March 20-24.1. Vinted - €250 millionLithuanian online marketplace Vinted raised €250 million in a funding round led by EQT Ventures and joined by previous investors Accel,

“Join the Cause to Support FutureNature’s Future: Exciting Opportunity Available on March 24, 2023”

FutureNature is an organization that is dedicated to preserving the environment and protecting the planet for future generations. The organization has been working tirelessly to promote sustainable practices and raise awareness about the importance of environmental conservation. On March 24, 2023, FutureNature is offering an exciting opportunity for people to join their cause and support their efforts to create a better future for our planet.The opportunity that FutureNature is offering is a chance to become a member of their organization and contribute to their mission. By becoming a member, individuals

Early Investors Can Now Receive Omni One VR Treadmill Shipments

Omni One VR Treadmill is a revolutionary product that allows users to experience virtual reality in a whole new way. It is a treadmill that is designed to work with virtual reality headsets, allowing users to walk, run, and jump in virtual environments. The product has been in development for several years, and now early investors can receive their shipments.The Omni One VR Treadmill was first introduced in 2016 by Virtuix, a company that specializes in creating immersive virtual reality experiences. The product was initially designed for commercial use, such

Promin Aerospace, a Ukrainian Startup, Plans to Launch Historical NFTs into Space.

Promin Aerospace, a Ukrainian startup, has announced its plans to launch historical NFTs (non-fungible tokens) into space. The company aims to create a new market for space memorabilia by offering collectors the opportunity to own digital assets that have actually been to space.NFTs have become increasingly popular in recent years, with digital art and collectibles selling for millions of dollars. These unique digital assets are stored on a blockchain, making them one-of-a-kind and impossible to replicate. Promin Aerospace plans to take this concept to the next level by sending NFTs

Shift in Fundraising: Europe Tech Startups Double Debt Financing

In recent years, there has been a shift in fundraising strategies for European tech startups. While equity financing has traditionally been the go-to option for startups seeking funding, there has been a significant increase in the use of debt financing. According to a report by Dealroom, the amount of debt financing raised by European tech startups has more than doubled in the past five years, from €1.4 billion in 2015 to €3.2 billion in 2020.So, what is debt financing, and why are more startups turning to this option? Debt financing

Shift in Fundraising Sees Europe Tech Startups Double Debt Financing

In recent years, there has been a significant shift in the way that European tech startups are raising funds. Instead of relying solely on equity financing, many companies are turning to debt financing as a way to fuel their growth. This trend has seen the amount of debt financing for European tech startups double in the past year alone.So why are more and more startups turning to debt financing? There are several reasons for this shift. Firstly, debt financing allows startups to raise capital without diluting their ownership or giving

A Guide to Launching a Successful Startup: The Startup Runway

Starting a new business is an exciting and challenging journey. It requires a lot of hard work, dedication, and perseverance to turn your idea into a successful startup. However, launching a startup is not just about having a great idea. It requires careful planning, research, and execution to ensure that your business takes off successfully. In this article, we will guide you through the essential steps you need to take to launch a successful startup.1. Conduct Market ResearchBefore launching your startup, it is essential to conduct thorough market research. This