funding

Crux Climate, a renewable energy fintech startup, secures $4.6M in funding to establish a marketplace for IRA tax credits.

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Time Stamp: April 14, 2023 10:57 AM - Modified On: April 14, 2023 - Published By:
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Crux Climate, a renewable energy fintech startup, has recently secured $4.6 million in funding to establish a marketplace for IRA tax credits. The funding was led by Clean Energy Ventures, with participation from the Massachusetts Clean Energy Center and other investors.The company's mission is to accelerate the transition to a clean energy economy by making it easier for individuals and businesses to invest in renewable energy projects. Crux Climate's platform allows investors to purchase tax credits generated by renewable energy projects, which can then be used to offset their tax

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

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Time Stamp: April 12, 2023 9:40 PM - Modified On: April 12, 2023 - Published By:
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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.

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Time Stamp: April 12, 2023 10:25 AM - Modified On: April 12, 2023 - Published By:
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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

Hype Secures $10M Funding to Boost the Creator Economy through its Comprehensive Platform

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Time Stamp: April 12, 2023 9:27 AM - Modified On: April 12, 2023 - Published By:
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Hype, a comprehensive platform for creators, has secured $10 million in funding to boost the creator economy. The funding round was led by General Catalyst, with participation from Coatue, SignalFire, and other investors. The platform aims to provide creators with the tools they need to monetize their content and build sustainable businesses.The creator economy has exploded in recent years, with more and more people turning to platforms like YouTube, TikTok, and Instagram to showcase their talents and build a following. However, many creators struggle to monetize their content and turn

Mojo Vision Secures $22M in Funding and Shifts Focus to Micro-LED Displays for XR and Other Applications

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Time Stamp: April 6, 2023 8:51 AM - Modified On: April 6, 2023 - Published By:
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Mojo Vision, a California-based startup, has recently announced that it has secured $22 million in funding to develop its micro-LED display technology for use in augmented reality (AR), virtual reality (VR), and other applications. The company's focus on micro-LED displays is a significant shift from its previous focus on developing smart contact lenses.Micro-LED displays are a promising technology for AR and VR applications because they offer high brightness, high contrast, and low power consumption. They are also small enough to be integrated into wearable devices, such as smart glasses or

From Humble Beginnings to Worldwide Success: Tracing the Development of Startups

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Time Stamp: April 4, 2023 10:00 AM - Modified On: April 4, 2023 - Published By:
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Startups are businesses that are just starting out and are often characterized by their innovative ideas and entrepreneurial spirit. They are usually small, with limited resources and a small team of dedicated individuals who are passionate about their vision. However, many startups have gone on to achieve great success, becoming global brands and household names. In this article, we will trace the development of startups from their humble beginnings to their worldwide success.The Early StagesThe early stages of a startup are often the most challenging. At this point, the founders

Societe Generale reports that historical trends do not support a stronger Peso in April against the US Dollar.

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Time Stamp: April 4, 2023 10:00 AM - Modified On: April 4, 2023 - Published By:
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Societe Generale, a French multinational investment bank and financial services company, has recently reported that historical trends do not support a stronger Peso in April against the US Dollar. This report has caused concern among investors and traders who were hoping for a stronger Peso in the coming month.The Peso is the official currency of Mexico and is one of the most traded currencies in the world. It is closely tied to the US Dollar, as Mexico is one of the United States' largest trading partners. The strength of the

Kaszek Secures Nearly $1 Billion in Fresh Capital to Support Latin American Startups

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Time Stamp: April 3, 2023 4:39 PM - Modified On: April 3, 2023 - Published By:
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Kaszek Ventures, a leading venture capital firm focused on supporting Latin American startups, has recently secured nearly $1 billion in fresh capital to continue its mission of investing in innovative companies throughout the region. The funding round, which was led by new and existing investors, is one of the largest ever for a Latin American venture capital firm and highlights the growing interest in the region's startup ecosystem.Founded in 2011 by Nicolas Szekasy and Hernan Kazah, Kaszek Ventures has become one of the most active and successful venture capital firms

Despite Virgin Orbit’s Challenges, Spacetech Funding Remains Stable

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Time Stamp: March 31, 2023 3:55 PM - Modified On: March 31, 2023 - Published By:
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Virgin Orbit, the satellite launch company founded by Sir Richard Branson, has faced several challenges in recent months. In May 2020, the company's first attempt to launch a rocket into space failed due to a malfunction in the rocket's engine. Then, in July 2020, Virgin Orbit announced that it would be laying off around 350 employees due to the economic impact of the COVID-19 pandemic.Despite these setbacks, spacetech funding remains stable. In fact, according to a report by Space Capital, a venture capital firm focused on the space industry, spacetech

US Government to Sell $215M in Seized Silk Road Bitcoin and Consider Dumping Additional $1.1 Billion

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Time Stamp: March 31, 2023 2:31 PM - Modified On: March 31, 2023 - Published By:
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The United States government has announced its plans to sell $215 million worth of Bitcoin that was seized from the infamous dark web marketplace, Silk Road. The sale is expected to take place in the coming weeks, with the proceeds going towards funding various law enforcement initiatives.Silk Road was an online black market that operated from 2011 to 2013, selling illegal drugs, weapons, and other illicit goods. The site was shut down by the FBI in 2013, and its founder, Ross Ulbricht, was sentenced to life in prison without parole.The

US Space Force Seeks $700M Funding for Cybersecurity Measures Launch

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Time Stamp: March 31, 2023 10:30 AM - Modified On: March 31, 2023 - Published By:
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The United States Space Force (USSF) is seeking $700 million in funding to bolster its cybersecurity measures. The request comes as the USSF faces increasing threats from foreign adversaries who seek to exploit vulnerabilities in the country's space-based infrastructure.The USSF was established in December 2019 as the sixth branch of the US military. Its mission is to protect US interests in space, including satellites, communication systems, and other critical infrastructure. As the reliance on space-based technology continues to grow, so does the need for robust cybersecurity measures to protect these