• BlackRock Seeds Ethereum-Backed Digital Liquidity Fund With $100 Million

    BlackRock Seeds Ethereum-Backed Digital Liquidity Fund With $100 Million Having surpassed Microstrategy in the size of its holdings amid the furious success of spot bitcoin ETFs the world’s largest asset manager has taken “the next step forward” toward a single ledger, instantaneous settlement and ending illicit activities, in the view of CEO Larry Fink. BlackRock, the world’s largest asset manager, has filed United States Securities and Exchange Commission (SEC) Form D for...

  • New Summit is raising a new $100 million fund to back climate tech and underrepresented fund managers

    The size of the new fund suggests that it is bullish that it can convince LPs to open their wallets based its impact-focused approach. © 2024 TechCrunch. All rights reserved. For personal use only.

  • sprih funding: Climate tech startup Sprih raises $3 million in funding round led by Leo Capital

    Carbon emission management platform Sprih has raised $3 million in a funding round led by early-stage venture capital firm Leo Capital. The company said that the funds will be used for expanding globally on the sales front, acquiring talent for developing artificial intelligence (AI) models focusing on climate issues and expanding the network of partners. “We are trying to bring all the climate data in one place and for that, we are going to keep investing in research and product development,”...

  • US raises millions-worth funds for plans against Cuba

    Havana, Mar 24 (Prensa Latina) United States authorities approved an additional sum of more than 50 million dollars for subversive actions against Cuba, with emphasis on media manipulation campaigns, Cubadebate’s website reported on Sunday. The post US raises millions-worth funds for plans against Cuba first appeared on Prensa Latina.

  • Logistics startup JustDeliveries raises $1 million in funding led by Nabventures

    JustDeliveries, a provider of logistics solutions for perishables, has raised $1 million in a pre-Series A funding round led by Nabventures. Other investors including Faad Network, Anay Ventures, Caret Capital and Mahansaria Family Office also participated in the round.Nabventures, a subsidiary of the Indian government’s National Bank for Agriculture and Rural Development (Nabard), is a venture growth equity fund that invests in agritech, foodtech, rural fintech, healthtech and edtech...

  • Liquidnitro Games raises $5 million in funding round led by Nexus Ventures

    Liquidnitro Games, which provides a variety of services to game publishers, has raised $5.25 million in a seed funding round led by Nexus Venture Partners.The firm did not disclose the valuation at which the funding happened. The funds will be used to boost capabilities around art, design, engineering, product and marketing, among other things, cofounder Sandeep Kowdley told ET in an interaction.Liquidnitro was founded in December last year by Kowdley, Krishna Dhanekula, Arun Kunchala, and...

  • Non-bank lender Sugmya Finance raises $3 million in funding from existing investors

    Sugmya Finance, a Delhi-based non-banking financial company (NBFC), has raised $3 million in a funding round led by its existing investors.The company's existing backers include Angelbay, an angel investment network, Kaptable Holdings Private Limited, PolicyBazaar cofounders Alok Bansal, Yashish Dahiya, and Manoj Sharma; Rajesh Singh, managing director of Deltacoin Financial Services; Naveen Kukreja, CEO of PaisaBazaar; Shantanu Jain, managing director of JP Morgan Chase in Singapore; Ujjwal...

  • Immutable, Polygon and King River team up to raise $100 million for web3 gaming fund

    Immutable, Polygon Labs and King River Capital have teamed up to raise $100 million for a new web3 gaming fund.

    The fund, dubbed Inevitable Games Fund (IGF), is "ecosystem-agnostic" and will invest in early-stage, high-growth web3 gaming startups, the three firms said Tuesday. Venture capital firm King River will lead the fund's investment process, while blockchain developers Immutable and Polygon Labs will provide deal sourcing and web3 gaming expertise.

    Brendan Ma, head of...

  • Specialty coffee startup Subko secures $10 million in funding led by Zerodha's Nikhil Kamath

    Subko, a specialty coffee roaster and craft bakehouse, has raised $10 million in a funding round led by Zerodha cofounder Nikhil Kamath.The round also witnessed participation from a clutch of investors including Blume Founders Fund, The Gauri Khan Family Trust, actor John Abraham, JSW Foundation's Sangita Jindal, Srinivas and Pallavi Dempo, and The Mehta International Mauritius Ltd Group, among others.“We have a four-vertical approach We are not only a specialty coffee, but also a craft...

  • Easemytrip founder’s new lending venture Optimo Loan secures $10 million in funding

    Small business focused lending startup Optimo Loan has secured $10 million in its first equity fundraise from Blume Ventures and Omnivore along with additional infusion from Prashant Pitti, the founder.Pitti, the cofounder of publicly listed travel platform Easemytrip, had previously worked at financial institutions like Capital One and HSBC in the United States.With Optimo, Pitti wants to bridge the $530 billion credit gap in MSME lending in India. Optimo will leverage technology and a phygital...

    • CNBC

    Smaller climate startups face 'valley of death' as funding freezes up. This VC just raised $325 million to help

    Venture capital firm World Fund said Friday it's closed a 300 million euro ($325 million) venture fund to back startups tackling climate change.

    • WTRF

    Oglebay Good Zoo will get $10,000 in matching funds if they raise 100 gifts of $100 by the end of the month

    Oglebay’s Good Zoo has received an inspiring challenge from an anonymous donor, who has tasked the Oglebay Foundation with raising 100 gifts of $100 by March 31, 2024. If successful, this challenge will unlock $10,000 in matching funds, effectively doubling the impact of contributions. The funds raised through this initiative will be directed towards vital []