Pune-based agritech firm Ecozen on Friday said it has raised $30 million (about Rs 250 crore) in a mix of equity and debt from existing investors including US-based global investment manager Nuveen.The debt support in the deal was fulfilled by InCred Credit Fund and U.S. International Development Finance Corporation through Ecozen’s exclusive advisor Setuka Partners, said a company statement.Ecozen said it has grown fivefold over the past two years, with a threefold increase in profit. The maker...
Puffer Finance secures $18 million in funding round led by Brevan Howard Digital and Electric Capital. Crypto exchanges Coinbase and Kraken also invest in the Ethereum liquid restaking protocol. Puffer Finance, an Ethereum liquid staking protocol on Eigenlayer, has raised $18 million in its latest funding round. An announcement on Tuesday says Brevan Howard Digital […]
ELEC, the Romanian electric ridesharing platform, has attracted over €1 million in investment funds ELEC, to become an electromobility system. With these resources, ELEC will develop its own software and integrate ridesharing, rent-a-car, and electric charging services into the same platform. Last year, the company conducted a fundraising campaign on the crowdfunding platform Ronin, raising […]
If you are a professional in the media and entertainment industry you might be interested in the latest GPU servers unveiled by MSI at this years 2024 NAB Show. Providing the performance and flexibility you need to tackle even the most demanding projects. Whether you’re working on a high-end animation, a visually stunning video game, […]
PhotonVentures, a Dutch deep tech fund aiming to boost Europe’s photonics industry, has closed its second fundraising round with over €15mn — bringing its total capital to €75mn. The fund targets startups and scaleups developing solutions with photonic chips for a wide range of applications: from data transmission and health diagnostics to smart sensors, AI, AR, and VR. PhotonVentures will initially invest in 20 early-stage companies with international growth potential. It will focus on...
Rep. David Trone has hit an all-time high for self-funding of a primary race after reports revealed he pumped another $18.5 million of his own money into his campaign for Maryland’s open Senate seat.
Startup funding in the second week of April 2024 declined by about 67% from the same period a year ago, totalling $73 million across 12 deals.Deal density in the latest week went down to about $6 million per deal, as per Tracxn data. During April 6 to April 12, 2023, startups had raised about $7.4 million per deal.Funding was down sequentially as well, from $58.8 million across 20 funding rounds in the previous week.Of the total corpus raised this week, artificial intelligence (AI) cloud and...
Thursday statement says Justice is willing to meet with lawmakers.
ClickPost, a logistics intelligence platform for online retailers, has raised $6 million in a funding round led by early-stage venture capital firms Inflexor Ventures partners and Athera Venture Partners. The round also saw participation from Riverwalk Holdings and its existing investor Rebright Partners.ClickPost said the funds will be used for introducing enhanced products and to extend its presence into new geographical areas, as well as further within its existing regions. We've seen some of...
Bezos Earth Fund is donating $100 million and accepting proposals from experts across fields on how AI technology can be used to help combat climate change. about Bezos Earth Fund, here.
Zypp Electric, a startup that manages electric vehicle fleets for delivery firms and bike taxi operators, is in talks to raise a fresh round of funding of $40 million led by Silicon Valley-based fund Tribe Capital, two people in the know said.The Gurugram-based startup is likely to be valued at $300-350 million, these people said. This is almost double from its last valuation of around $165-170 million, ascribed after its February 2023 fundraise of $25 million in a mix of debt and equity led by...
Today on Equity we dig into Multiverse's acquisition of Searchlight, Guesty's massive Series F, Monad Labs and Cyera's mega-round. © 2024 TechCrunch. All rights reserved. For personal use only.