Equities platform Midas raises $45M Series A as fintech retains its sparkle in Turkey
techcrunch.com/2024/04/19/equities-platform-midas-raises-45m-series-a-as-fintech-retains-its-sparkle-in-turkey/
Quick Glance: Midas Raises $45M in Series A Funding
- A fintech startup called Midas has successfully raised $45 million in a funding round led by Portage Ventures of Canada. This enables investors in Turkey to invest in US and Turkish equities.
- With over 2 million users in Turkey's retail market, Midas offers lower transaction and commission fees for Turkish customers. Additionally, the company provides financial content, real-time stock market data and news, as well as company profiles to educate the market.
- The new funding is intended to introduce three new products: cryptocurrency trading, mutual funds, and savings accounts. Midas plans to expand beyond Turkey and target countries in the MENA region.
- Other participants in the round included International Finance Corporation, Spark Capital, Earlybird Digital East Fund, and Revo Capital. Previously, Midas had already completed a $11 million seed round in 2022 and aims to strengthen its presence in the Turkish financial sector.
Firebrand ex-Arm China CEO founds RISC-V processor startup: Allen Wu, former CEO of Arm China, founds RISC-V technology startup, set to rival Arm.
tomshardware.com/pc-components/cpus/firebrand-ex-arm-china-ceo-founds-risc-v-processor-startup
Beijing Xinzhida Neurotechnology, a Chinese state-backed company, unveiled a brain chip similar to the technology developed by Elon Musk's startup Neuralink ... Show more
China's version of Neuralink unveiled at tech forum | Reuters
China's version of Neuralink unveiled at tech forum | Reuters
Many start-ups have attempted, and continue to try to overcome the barriers facing investments in nature.
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How the world’s fastest-growing plant is curbing deforestation in Uganda. Do you want to invest in start-ups like Divine Bamboo? Sign up to the Investor ... Show more
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What’s the cheapest way to the edge of space? Ride a balloon: Spanish startup HALO Space hopes to begin commercial flights to near-space in 2026 ...
cnn.com/2024/04/16/travel/halo-space-near-space-balloon-trip/
Meta's AI annoys, Microsoft and Amazon under scrutiny, banks go all-in: AI news roundup
qz.com/ai-news-meta-microsoft-amazon-nvidia-banks-sam-altman-1851436206
Swiggy, the Indian food delivery giant, seeks $1.25 billion in IPO after receiving shareholder approval
techcrunch.com/2024/04/24/india-swiggy-secures-shareholder-approval-for-1-2-billion-ipo/
Start-ups face more tax heat, to move court: In September last year, the tax department notified five valuation methods for capital infused in Indian unlisted ...
financialexpress.com/business/sme-start-ups-face-more-tax-heat-to-move-court-3469814/
Exclusive: AI startup Edia guarantees better math outcomes for school districts within one year
venturebeat.com/ai/exclusive-ai-startup-edia-guarantees-better-math-outcomes-for-school-districts-within-one-year/
Xaira, an AI drug discovery startup, launches with a massive $1B, says it’s ‘ready’ to start developing drugs
techcrunch.com/2024/04/24/xaira-an-ai-drug-discovery-startup-launches-with-a-massive-1b-says-its-ready-to-start-developing-drugs/
TechCrunch Minute: Perplexity AI could be worth up to $3B. Here’s why: Perplexity AI‘s latest, large fundraising event could be quickly superseded by another ...
techcrunch.com/2024/04/24/techcrunch-minute-perplexity-ai-could-be-worth-up-to-3b-heres-why/
Ex-NSA hacker and ex-Apple researcher launch startup to protect Apple devices: Two veteran security experts are launching a startup that aims to help other ...
techcrunch.com/2024/04/25/ex-nsa-ex-apple-researcher-doubleyou/
Soros family fund among investors in Japan electricity exchange startup: TOKYO -- A group of 17 trading, power and gas companies, as well as Soros Capital ...
asia.nikkei.com/Business/Energy/Soros-family-fund-among-investors-in-Japan-electricity-exchange-startup
This exoskeleton can boost your physical capabilities: A new generation of lightweight exoskeletons will enable long-distance walkers, hikers and sports ...
thestar.com.my/tech/tech-news/2024/04/27/this-exoskeleton-can-boost-your-physical-capabilities
Exclusive: VC firm Redesign Health looks to raise $250 million: Health startup investor and accelerator Redesign Health is targeting a fresh $250 million raise ...
businessinsider.com/exclusive-vc-firm-redesign-health-raise-250-million-2024-4
DeepL launches AI writing assistant for businesses trained on its own LLM: DeepL, which has been rivalling machine translation giants such as Google Translate ...
thenextweb.com/news/deepl-ai-writing-assistant-businesses
Perplexity AI’s latest, large fundraising event could be quickly superseded by another, even larger chunk of capital. The AI search engine startup announced ... Show more
🦗 "The eyes! The eyes are looking at me." We tried Bamnut noodles topped with roasted crickets by Singapore start-ups. Here's how it went ... Show more
More Singapore F&B businesses expanding overseas | The Straits Times
More Singapore F&B businesses expanding overseas | The Straits Times
Turkish startup Getir mulls sale of shopping platform n11: Sources: Turkish fast delivery company Getir is purportedly considering the sale of online shopping ...
dailysabah.com/business/transportation/turkish-startup-getir-mulls-sale-of-shopping-platform-n11-sources
NYSE mulls 24-hour trading — a move Steve Cohen may welcome: The NYSE has polled market participants about the merits of round-the-clock trading ...
businessinsider.com/new-york-stock-exchange-24-hour-trading-steve-cohen-startup-2024-4
Fisker may seek bankruptcy protection in 30 days if unable to meet debt obligations
reuters.com/business/autos-transportation/fisker-may-seek-bankruptcy-protection-30-days-if-unable-meet-debt-obligations-2024-04-23/
Speaker applications close tomorrow for TechCrunch Disrupt 2024: Hurry up! Our Call for Content ends tomorrow, April 26 at 11:59 p.m. PT. If you’re a startup ...
techcrunch.com/2024/04/25/speaker-applications-close-tomorrow-for-techcrunch-disrupt-2024/
Chilean instant payments API startup Fintoc raises $7 million to turn Mexico into its main market
techcrunch.com/2024/04/25/fintoc-a2a-payments-chile-mexico/
Regulatory structure all too powerful: Most sectors have more than a hundred bodies empowered to summon, block, or stop business. There’s not one for ...
financialexpress.com/opinion/regulatory-structure-all-too-powerful/3465195/
Malaysia plans South-East Asia’s largest integrated circuit design park: Malaysia plans to build South-East Asia's largest integrated circuit design park ...
thestar.com.my/tech/tech-news/2024/04/22/malaysia-plans-south-east-asias-largest-integrated-circuit-design-park
#VantageOnFirstpost : The US Federal Trade Commission has banned non-compete agreements that curb workers from joining rival companies or setting up firms in the same ... Show more
RM1bil for 'Fund-of-Funds' to invest in high-growth firms: KUALA LUMPUR: A RM1bil allocation has been put aside to set up a "National Fund-of-Funds" ...
thestar.com.my/news/nation/2024/04/22/rm1bil-for-039fund-of-funds039-to-invest-in-high-growth-firms
Ex-CEO of popular fashion e-commerce startup files sexual harassment case against co-founder, ex-COO
indianexpress.com/article/cities/mumbai/ex-ceo-e-commerce-startup-sexual-harassment-case-co-founder-ex-coo-9289020/
Kendal Farmers Market to double its events: Kendal Farmers Market has announced that it will now operate twice monthly, commencing from May 10.
thewestmorlandgazette.co.uk/news/24273378.kendal-farmers-market-double-events/
HR tech startup Rippling climbs to $13.5 billion valuation after Coatue-led funding
reuters.com/technology/hr-tech-startup-rippling-valued-135-bln-after-latest-fundraise-2024-04-22/
SoftBank-backed TabaPay is buying the assets of a16z-backed Synapse, after it filed for bankruptcy
techcrunch.com/2024/04/22/softbank-backed-tabapay-is-buying-the-assets-of-a16z-backed-synapse-after-it-filed-for-bankruptcy/
Arlington could score 3 company headquarters this week: The city of Arlington has the opportunity to score three headquarters this week between E-Space Inc. ...
dallasnews.com/business/real-estate/2024/04/23/arlington-could-score-three-company-headquarters-this-week/
Sam Altman and others are investing $20 million in a startup tackling AI's energy problem
qz.com/sam-altman-exowatt-investment-ai-data-energy-1851425607
Türkiye's retail investing startup Midas raises $45 million: Fintech startup Midas, which brought retail investing to millions in Türkiye ...
dailysabah.com/business/economy/turkiyes-retail-investing-startup-midas-raises-45-million
TechCrunch Minute: How Headspin’s founder fraudster almost get away with lying to investors
techcrunch.com/2024/04/23/techcrunch-minute-how-headspins-founder-fraudster-almost-get-away-with-lying-to-investors/
Allye Energy wants to power your job site with used Land Rover batteries: A new startup is partnering with Jaguar Land Rover on a new portable BESS designed to ...
electrek.co/2024/04/23/allye-energy-wants-to-power-your-job-site-with-used-land-rover-batteries/
Pune startup Ditches One-Size-Fits-All secures scholarships worth Rs 110 crore for more than 700 students
financialexpress.com/jobs-career/education/pune-startup-ditches-one-size-fits-all-secures-scholarships-worth-rs-110-crore-for-more-than-700-students/3463238/
Ex-CEO of 'unicorn' app startup HeadSpin heads to jail after BS'ing investors: Lachwani faked it but didn't make it
theregister.com/2024/04/22/ceo_headspin_prison/
Meet The AI Entrepreneur Who Used LinkedIn To Raise $13.8 Million: Benjamin Harvey, the CEO of AI Squared, says he’s added investors including former TIAA CEO ...
forbes.com/sites/jabariyoung/2024/04/17/meet-the-ai-entrepreneur-who-used-linkedin-to-raise-138-million/
Why Japan's Noh theater is cool in Azerbaijan: I recently took a much younger friend to a Noh performance in Tokyo. Within a few minutes of sitting down ...
asia.nikkei.com/Editor-s-Picks/Tea-Leaves/Why-Japan-s-Noh-theater-is-cool-in-Azerbaijan
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Calm down, the sky isn’t going to fall with the capital gains tax hike: For businesses, and for individuals beyond a certain threshold, 67 per cent of capital ...
theglobeandmail.com/business/commentary/article-calm-down-the-sky-isnt-going-to-fall-with-the-capital-gains-tax-hike/
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A number of companies have been guilty of "greenwashing" - and it could end up costing them millions of dollars ... Show more
‘Send now, pay later’ startup Pomelo lands $35M Series A from secretive Vy Capital, Founders Fund
techcrunch.com/2024/04/22/pomelo-lands-35m-series-a-for-credit-focused-international-money-transfer-business/
Disruptive Innovation in the Era of Big Tech: How does the landmark theory apply to tech start-ups, three decades after its introduction?
hbr.org/podcast/2024/04/disruptive-innovation-in-the-era-of-big-tech
Africa-focused fund draws early investors to tech industry: TLcom Capital doubles previous amount to raise $154mn for continent’s start-ups in a move that could ...
ft.com/content/017f13b8-4319-47e3-846b-b5d4b292af07
E-commerce startup MarketForce shuts down RejaReja distribution unit: While MarketForce originally started off as a sales automation software in 2018 ...
businessdailyafrica.com/bd/corporate/companies/marketforce-shuts-down-rejareja-distribution-unit-4596324
Gen Z CEO Lists the Failed Businesses She Launched Before Finding Success: Valeriya Yusupova "failed" at eight businesses before launching her jewelry line ...
newsweek.com/gen-z-ceo-failed-eight-businesses-before-finding-success-1890187
Fintech startup Ramp sees 32% bump in valuation, Mercury expands into consumer banking
techcrunch.com/2024/04/21/techcrunch-fintech-ramp-sees-32-bump-in-valuation-mercury-expands-into-consumer-banking/
How to Convince Anyone of Anything, Explained in Only 50 Words: A startup executive turned founder boils down the fundamentals of influence to just 50 words.
trib.al/QqCRijh
NASA needs help getting to Mars.
After canceling a $11 billion, 15-year mission, the agency is now going back to the drawing board and opening the door to ... Show more
Watch: NASA needs your help to bring rocks back from Mars | TechCrunch
Watch: NASA needs your help to bring rocks back from Mars | TechCrunch
Beltone Venture Capital partners with Citadel International to manage $30m startup fund - Dailynewsegypt
dailynewsegypt.com/2024/04/18/beltone-venture-capital-partners-with-citadel-international-to-manage-30m-startup-fund/
Why vector databases are having a moment as the AI hype cycle peaks: Vector databases are all the rage, judging by the number of startups entering the space and ...
techcrunch.com/2024/04/20/why-vector-databases-are-having-a-moment-as-the-ai-hype-cycle-peaks/
Lacework, last valued at $8.3B, is in talks to sell for just $150M to $300M, say sources
techcrunch.com/2024/04/18/wiz-is-in-talks-to-buy-lacework-for-150-200m-security-firm-was-last-valued-at-8-3b/
Fintech startup Ramp raises $150 million as valuation recovers: Ramp, a developer of finance and expense management software for companies ...
reuters.com/technology/fintech-startup-ramp-raises-150-million-valuation-recovers-2024-04-17/
What It Will Take for Airchat to Take Flight: This week, we talk about the buzzy new social media app where there’s no typing allowed.
wired.com/story/gadget-lab-podcast-640/
Why Japan's Noh theater is cool in Azerbaijan: I recently took a much younger friend to a Noh performance in Tokyo. Within a few minutes of sitting down ...
asia.nikkei.com/Editor-s-Picks/Tea-Leaves/Why-Japan-s-Noh-theater-is-cool-in-Azerbaijan
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CesiumAstro claims former exec spilled trade secrets to upstart competitor AnySignal
techcrunch.com/2024/04/19/cesiumastro-claims-former-exec-spilled-trade-secrets-to-upstart-competitor-anysignal/
Weight-loss drug startup Metsera wants to take on Novo and Lilly. Here’s what you need to know
fastcompany.com/91110090/metsera-startup-eli-lilly-novo-nordisk-competitor-weight-loss-drugs
Harvard’s startup whisperer, Peter Gladstone, reveals secrets to validating consumer demand at TechCrunch Early Stage
techcrunch.com/2024/04/19/harvards-startup-whisperer-peter-gladstone-reveals-secrets-to-validating-consumer-demand-at-techcrunch-early-stage/
Innovators to win over N70m in Wema Bank hackathon: Wema Bank has launched the fifth edition of its flagship youth and startup-focused tech competition ...
punchng.com/innovators-to-win-over-n70m-in-wema-bank-hackathon/
Investors Target Coworking Opportunities Other Than WeWork: Switchyards is among several startups raising money and expanding to offer a version of coworking ...
forbes.com/sites/richardlawson/2024/04/17/investors-target-coworking-real-estate-other-than-wework/
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HBR On Strategy: Disruptive Innovation in the Era of Big Tech on Apple Podcasts: In 1995, the late and legendary Harvard Business School professor Clayton ...
podcasts.apple.com/us/podcast/disruptive-innovation-in-the-era-of-big-tech/id1683845677
AI Recruiters Have Joined the Job Search. Who Are They Helping?: Small start-ups and big professional platforms are using AI to find and recruit new hires—but ...
scientificamerican.com/article/ai-recruiters-have-joined-the-job-search-who-are-they-helping/
In this episode of Business Sense, Rappler talks to PetPal founder Carlo Flordeliza about how his startup is linking pet owners to reliable veterinarians ... Show more
Business Sense: A teleconsultation app for pets
Business Sense: A teleconsultation app for pets
Local startup launches artificial intelligence chatbot service: A local tech startup has launched an artificial intelligence (AI) chatbot customer service ...
thenassauguardian.com/business/local-startup-launches-artificial-intelligence-chatbot-service/article_129c3054-fdd9-11ee-8fef-331cd3f3e4cc.html
Elon Musk's xAI is luring more investors via SPVs with high fees: Musk's AI startup was built out of Twitter. Now it's looking to get investors to chip in at ...
businessinsider.com/elon-musk-xai-luring-more-investors-spv-high-fees
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Fintech CRED secures in-principle approval for payment aggregator license: CRED has received the in-principle approval for payment aggregator license in a boost ...
techcrunch.com/2024/04/19/fintech-cred-secures-in-principle-approval-for-payment-aggregator-license/
Edtech firm Byju's India CEO resigns in latest setback
reuters.com/technology/indian-edtech-firm-byjus-streamlines-business-with-founder-raveendran-hands-on-2024-04-15/
Meet The AI Entrepreneur Who Used LinkedIn To Raise $13.8 Million: Benjamin Harvey, the CEO of AI Squared, says he’s added investors including former TIAA CEO ...
forbes.com/sites/jabariyoung/2024/04/17/meet-the-ai-entrepreneur-who-used-linkedin-to-raise-138-million/
Boost for start-ups in Chandni Chowk: BJP candidate Praveen Khandelwal makes poll pitch
indianexpress.com/article/cities/delhi/boost-for-start-ups-in-chandni-chowk-bjp-candidate-praveen-khandelwal-makes-poll-pitch-9278624/
Community builder to oversee $15 million investment fund focused on minority start-ups
oklahoman.com/story/news/2024/04/18/okc-community-builder-sandino-thompson-overseeing-15-million-startup-fund/72975549007/
Investors and founders can meet their match with Cherub, the ‘Raya of angel investing’
techcrunch.com/2024/04/16/cherub-the-raya-of-angel-investing-is-reinventing-angel-rounds-with-a-950-subscription/
Dailyhunt-parent acquires newsstand app Magzter: VerSe Innovation, the parent firm of news aggregator app Dailyhunt, has acquired the popular digital newsstand ...
techcrunch.com/2024/04/17/dailyhunt-parent-acquires-newsstand-app-magzter/
Healthcare VC SpringTide Ventures raises second $65 million fund: The health-focused VC firm is making bets out of its second $65 million fund ...
businessinsider.com/springtide-ventures-raises-second-65-million-fund-health-vc-2024-4
Inversion Space will test its space-based delivery tech in October: Inversion Space is aptly named. The three-year-old startup’s primary concern is not getting ...
techcrunch.com/2024/04/17/inversion-space-will-test-its-cargo-reentry-capabilities-for-the-first-time-in-october/
Solar start-up: Why Enpal is suddenly struggling with losses: Difficult start to the year for Enpal: Germany's largest solar start-up grew profitably for a long ...
manager-magazin.de/unternehmen/tech/solar-start-up-enpal-kaempft-ploetzlich-mit-verlusten-a-18c994da-ed6f-4620-9c3a-7106436a43e5
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