company initiated by an entrepreneur to develop a scalable economic model
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.
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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A platform for the trillion trees community. | 1t.org
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A platform for the trillion trees community. | 1t.org
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
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
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
🦗 "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
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
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/
#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/
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/
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
‘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/
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
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/
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/
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/
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/
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/
France's Mistral AI seeks funding at $5 bln valuation, The Information reports: French tech startup Mistral AI has been speaking to investors about raising ...
reuters.com/technology/frances-mistral-ai-seeks-funding-5-bln-valuation-information-reports-2024-04-17/
Mental health startup gets $72M in Series C funding: Two Chairs said the capital will allow it to expand into new markets and invest in its matchmaking platform ...
modernhealthcare.com/digital-health/mental-health-startups-two-chairs-funding
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Tomorrow Capital leads $2.7 mm fundraise for kidney care startup VitusCare: Venture capital fund Tomorrow Capital on Tuesday said it has led a USD 2 ...
business-standard.com/companies/start-ups/tomorrow-capital-leads-2-7-mm-fundraise-for-kidney-care-startup-vituscare-124041600636_1.html
ShareChat’s valuation drops below $2 billion in new funding: Social media startup ShareChat’s valuation has cratered below $2 billion from nearly $5 billion in a ...
techcrunch.com/2024/04/14/sharechats-valuation-drops-below-2-billion-in-new-funding/
Moove leads startup investment in Nigeria, says report: The startup landscape in Nigeria experienced an unprecedented boom, with the latest quarterly report ...
punchng.com/moove-leads-startup-investment-in-nigeria-says-report/
Deal Dive: Not all climate startups are focused on carbon: Windfall Bio sells methane-eating microbes to companies to help them reduce their carbon footprint in ...
techcrunch.com/2024/04/13/deal-dive-not-all-climate-startups-are-focused-on-carbon/
Funding for tech start-ups falls by 35 per cent: Decline mainly seen in later stage deals with transactions above €5 million down 40 per cent versus 2022
businesspost.ie/tech/funding-for-tech-start-ups-falls-by-35-per-cent/
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Finnish startups face funding dip, but domestic venture capital flourishes amid economic uncertainty
helsinkitimes.fi/business/25114-finnish-startups-face-funding-dip-but-domestic-venture-capital-flourishes-amid-economic-uncertainty.html
Beeper acquired by Automattic, fintech’s decline and YC’s lack of LatAm founders: When it comes to news items that we love at TechCrunch, IPOs rank pretty darn ...
techcrunch.com/2024/04/12/beeper-acquired-by-automattic-fintechs-decline-and-ycs-lack-of-latam-founders/
#ShilpaShetty , an entrepreneur and actor, joined us at the Mint India Investment Summit and Awards, where she spoke about her views on the evolving landscape of ... Show more
Fisker’s talks with big automaker fails, New York Stock Exchange to delist stock: The news comes a week after the company paused electric-vehicle production ...
financialexpress.com/business/express-mobility-fiskers-talks-with-big-automaker-fails-new-york-stock-exchange-to-delist-stock-3436496/
When it comes to building startups in Boston, success begets success: Boston has a long history of startups, fueled by the many colleges in the area ...
techcrunch.com/2024/04/06/when-it-comes-to-building-startups-in-boston-success-begets-success/
Filter Capital closes first fund at Rs 800 crore from HDFC Fund of Funds, SIDBI, others
financialexpress.com/business/sme/filter-capital-closes-first-fund-at-rs-800-crore-from-hdfc-fund-of-funds-sidbi-others/3449468/
Start-ups and the Bundeswehr: High-tech from Germany? No interest: Start-ups successfully sell drones and robots abroad - But they have a hard time in the ...
zeit.de/wirtschaft/unternehmen/2024-04/start-ups-bundeswehr-schwierigkeiten-produktion-beschaffung
Paid articlePaid Meet Uzbekistan’s first unicorn: e-commerce startup Uzum: Uzum, an e-commerce startup offering online shopping, fintech and food deliveries to millions of ...
techcrunch.com/2024/03/25/uzbekistan-unicorn-uzum-series-a-funding/
‘Banking as a Service’ startup Griffin raises $24M as it attains full banking license
techcrunch.com/2024/03/10/banking-as-a-service-startup-griffin-riases-24m-and-attains-full-banking-licence/
Why does every startup want to help you get paid?: Welcome to TechCrunch Fintech (formerly The Interchange)! This week, we’re looking at the piping hot global ...
techcrunch.com/2024/03/10/global-payroll-gets-more-competitive/
Investors in Talks to Help Elon Musk’s xAI Raise $3 Billion, Adding to Industry Arms Race
on.wsj.com/4cOpUAk
Forbes India is now on WhatsApp. Follow our channel for all the latest news in business, investment, startup, technology, and more. Forbes India | WhatsApp-Kanal
Neo-Bank: N26 starts trading stocks and ETFs in Germany: The Berlin start-up company will in future offer customers in Germany trading in stocks and ...
faz.net/aktuell/finanzen/n26-startet-handel-mit-aktien-und-etfs-in-deutschland-19627747.html
What trends are showing about the types of startups getting funding: Flippa used data from Y Combinator to see what kinds of startups are getting funding.
miamiherald.com/news/business/article287424200.html
Belgian computer vision startup Robovision eyes U.S. expansion to address labor shortages
techcrunch.com/2024/04/05/robovision-computer-vision-belgium/
Volta Trucks bounces back from bankruptcy, resumes ‘sharpened’ commercial EV business plan
electrek.co/2024/04/04/volta-trucks-bounces-back-bankruptcy-resumes-commercial-ev-business-plan/
Business planning startup Pigment raises $145 million round in rare French tech megaround
techcrunch.com/2024/04/04/business-planning-startup-pigment-raises-145-million-round-in-rare-french-tech-megaround/
Sachin Bansal’s fintech Navi seeks $2B valuation in its first major external fundraise
techcrunch.com/2024/04/03/sachin-bansal-fintech-navi-seeks-2b-valuation-in-its-first-major-external-fundraise/
Start-ups in fight for survival: Many start-up companies are struggling to remain in the business. Some of the companies are trying to return after holding the ...
en.prothomalo.com/business/local/dr3vczjlgu
AI fuels startup success: 86% of founders report positive impact, HubSpot finds: New HubSpot report finds 86% of startup founders say AI boosts go-to-market ...
venturebeat.com/ai/ai-fuels-startup-success-86-of-founders-report-positive-impact-hubspot-finds/
Amazon said it is pouring an additional $2.75 billion into Anthropic, bringing its total investment in the artificial intelligence startup to $4 billion ... Show more
Amazon pours an additional $2.75 billion into AI startup Anthropic
Amazon pours an additional $2.75 billion into AI startup Anthropic
Investment in startups remains at last year’s levels: “Stagnation” is the term used by several representatives of investment funds in Greece to describe the ...
ekathimerini.com/economy/1235274/investment-in-startups-remains-at-last-years-levels/
Parallel Studios Secures $35M in Funding for Ethereum NFT Game Parallel and AI-Powered Colony
coinmarketcap.com/alexandria/article/parallel-studios-secures-dollar35m-in-funding-for-ethereum-nft-game-parallel-and-ai-powered-colony
Amazon pours additional $2.75bn into AI startup Anthropic: Extra financing will bring technology giant’s total investment in OpenAI rival to $4bn
theguardian.com/technology/2024/mar/27/anthropic-amazon-ai-startup
Quick Glance: Amazon Invests $2.75 Billion in AI Startup Anthropic
- Amazon makes its largest external investment in a KI-startup called Anthropic to gain an edge in the artificial intelligence race.
- Anthropic closed five different funding rounds worth about $7.3 billion and competes directly with OpenAI.
- Cloud providers like Amazon Web Services are heavily investing in AI to stay competitive and benefit from partnerships with AI developers like Anthropic.
- The Federal Trade Commission is investigating partnerships between AI developers and major cloud service providers like Google and Amazon to examine potential illegal practices.
Trump’s Social Media Company Is Set to Trade Tuesday on Nasdaq: Former president Donald Trump’s social media startup is set to begin trading Tuesday after ...
dailymaverick.co.za/article/2024-03-25-trumps-social-media-company-is-set-to-trade-tuesday-on-nasdaq/
Quick Glance: Appeals Court Decision Reduces Trump's Bond in Fraud Case
- In the New York civil fraud case, it was determined that Donald Trump and his co-defendants now have 10 days to post a $175 million bond, compared to the original $464 million.
- The late ruling from a panel of state Appellate Division judges, all appointed by Democratic governors, represents a significant victory and relief for the former president.
- Trump's legal team had previously stated that obtaining the larger bond was practically impossible. The court's decision also temporarily prevents the New York Attorney General's office from enforcing the judgment.
- Additionally, the court imposed a stay on the part of the initial judgment that restricted Trump from acting as a public officer of a company, as well as prohibitions on other individuals, although not all of Trump's requests were granted.
Amazon (AMZN) Invests Additional $2.75 Billion in Anthropic: Amazon.com Inc. says it’s investing an additional $2.75 billion in Anthropic ...
bloomberg.com/news/articles/2024-03-27/amazon-invests-additional-2-75-billion-in-ai-startup-anthropic
Paid articlePaid Trump Social Media Firm Jumps 58% After Post-SPAC Deal Debut: Former president Donald Trump’s social media startup climbed as much as 58% in its first session as ...
trib.al/OmPAC8Z
Quick Glance: Social Media Stocks Surge Beyond Trump Media
- Donald Trump's social media company is not the only one experiencing a surge in stock value - other social media companies are also on the rise.
- Trump Media began trading on the Nasdaq on Tuesday, becoming one of the few social media-first companies on the public market.
- While Meta's shares saw a slight dip, other social media companies like Reddit, Snap, and Pinterest have seen an increase, with Trump Media gaining 16% on its first trading day.
- Despite the current success of Trump Media and Reddit, cautionary tales from previous social media offerings like Snap and Pinterest warn of potential risks as their stock prices remain below their peak levels.
Lucid (LCID) gets another $1 billion investment as it prepares to launch Gravity electric SUV
electrek.co/2024/03/25/lucid-lcid-1-billion-investment-gravity-suv-launch/
AI risk management startup ValidMind raises $8.1M to help banks comply with regulations
venturebeat.com/ai/ai-risk-management-startup-validmind-raises-8-1m-to-help-banks-comply-with-regulations/
Why a16z-backed Wonderschool is acquiring EarlyDay: Wonderschool, a startup that provides software and support to help individuals and local governments spin up ...
techcrunch.com/2024/03/28/why-a16z-backed-wonderschool-is-acquiring-earlyday/
Nordensa secures €1.65M in new funding, supporting young footballers through its platform for backers
business-review.eu/business/sports/nordensa-secures-e1-65m-in-new-funding-supporting-young-footballers-through-its-platform-for-backers-258800
This startup believes mobile apps for businesses should work more like consumer apps
techcrunch.com/2024/03/28/a-team-of-startup-veterans-is-building-a-suite-of-mobile-apps-for-businesses-that-work-like-consumer-apps/
StealthMole raises $7M Series A for its AI-powered dark web intelligence platform
techcrunch.com/2024/03/27/stealthmole-raises-7m-series-a-for-its-ai-powered-dark-web-intelligence-platform/
Fisker Says Talks With Automaker Have Ended: Fisker said its negotiations for a tie-up with a large automaker have broken down, heightening concerns about the EV ...
on.wsj.com/4auV7H4
Here's how Cherish Health raised $26 million without venture capital: Home health startup Cherish Health raised $26 million without touching venture funding.
businessinsider.com/how-cherish-health-raised-26-million-without-venture-capital-2024-3
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Israeli startup takes the pain out of workplace training | The Times of Israel: Tel Aviv-based Bites helps Amazon, Unilever, HP and others connect better with ...
timesofisrael.com/spotlight/israeli-startup-takes-the-pain-out-of-workplace-training/
Do I have to feel guilty when I eat meat, Mr. Ott?: The Graubünden start-up company The Green Mountain produces vegan meat alternatives: from meat loaf to steak ...
suedostschweiz.ch/wirtschaft/bei-den-fleischkopierern-in-landquart-muss-ich-ein-schlechtes-gewissen-haben-wenn-ich-fleisch-esse-herr-ott
Tech Tycoon Lynch Called ‘Massive Fraud’ Mastermind by US: UK tech tycoon Mike Lynch masterminded a “massive fraud” to dupe Hewlett Packard Co ...
bloomberg.com/news/articles/2024-03-18/tech-tycoon-lynch-accused-by-us-of-masterminding-massive-fraud
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Moove secures $100 million in series B funding: The company said the round brings total equity funding to $250 million and debt funding to $210 million since its ...
premiumtimesng.com/news/more-news/679098-moove-secures-100-million-in-series-b-funding.html
Farm to Feed is cutting food loss and creating data platform to better farm outcomes
techcrunch.com/2024/03/21/farm-to-feed-cutting-food-loss/
Cathie Wood's ARK Is Making a Mark After HQ Move From NYC to Florida: The well-known investor is making her mark in St. Petersburg more than two years after ...
bloomberg.com/news/features/2024-03-15/cathie-wood-s-ark-is-making-a-mark-after-hq-move-from-nyc-to-florida
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