ConsenSys and AMD raised $20 million to fund W3BCLOUD, a startup working to provide a reliable infrastructure for the growing blockchain ecosystem.
The Republic Note which goes on sale next month has a funding cap of $8 million. The asset is expected to be issued on the Algorand blockchain.
The Abu Dhabi National Oil Company said it attracted significant capital from Global Infrastructure Partners, Brookfield Asset Management, GIC, Ontario Teachers’ Pension Plan Board, NH Investment & Securities and Snam.
Tether was among a select group of investors that were accredited to take part in the Celsius funding round.
As technology advances, businesses that are aligned with tech innovations are reaping massively. Checkout.com, a London-based payment software service provider, has secured $150 million from its Series B funding boosting its valuation.
DoorDash Inc, America’s growing on-demand prepaid food service, has secured $400 million from two new investors bringing the company’s valuation to $16 billion.
Upgrade has seen a major rise in its customer-base availing its personal loan and credit card services. The neobank specializes in offering lower rate credit to its customers with preset repayment periods.
The Biomilq startup is researching ways to synthesis breast milk in the laboratory. This innovation has attracted $3.5 million from Bill Gates’ Breakthrough Energy Ventures.
Epic Games, the studio behind “Fortnite,” is close to landing $750 million in new funding that would value the company at $17 billion. New investors T. Rowe Price Group and Baillie Gifford as well as existing investor KKR will join the round.
In a bid to fight off foreign interference, Germany is set to invest in CureVac, a biopharmaceutical firm that is working on the development of a coronavirus vaccine. The deal is worth 300 million Euros
Twitter user and stock trader Dave Portnoy called Warren Buffett an idiot for offloading his airlines stocks during the coronavirus lockdown.
Ron Baron’s statement came on “Squawk Box” after Tesla (TSLA) stock hit a new record at close on Monday. Currently, his company owns 814,595 SpaceX shares and 1.6 million Tesla shares.
Top Tesla investor Baillie Gifford invested $35 million in Lilium, a German start-up that is working on the development of flying taxis.
Calling Amazon the “structural winner” and the “best global play” coming from the COVID-19 pandemic, RBC’s Mark Mahaney raised his price target for AMZN stock from $2,700 to $3,300.
A startup called NEOU, which tries to build its reputation as Netflix of fitness, has managed to raise $5M from capital investors. It now has over 50,000 clients in more than 60 countries across the globe.