Hedge Fund That Bet Against GameStop Shuts Down
A London-based hedge fund that suffered losses betting against US retailer GameStop during the first meme stock rally in January is shutting its doors [Editor's note: the link may be paywalled; alternative source]. From a report: White Square Capital.....»»
Setting nets below the surface means fishermen catch almost 80 percent fewer dolphins and whales
Lowering gillnets into the water—instead of using them on the surface—can lower the chances of tuna fishermen accidentally hauling in dolphins and whales, according to new research led by Florida International University and World Wildlife Fund (.....»»
Blue Bear Capital raises $150M to fund climate, energy and infrastructure tech
Blue Bear Capital has raised a new $150 million fund that will be used to find and invest in startups developing technology aimed at speeding up the adoption and industrialization of renewable energy. This is the venture firm’s second fund, whi.....»»
VC Mark Suster: “The bet we’re making now is on founder skills,” instead of customers or products
We recently caught up with longtime VC Mark Suster of L.A.-based Upfront Ventures, which last raised both an early-stage fund and a growth stage fund several years ago and, according to regulatory filings, is in the market right now, though Suster co.....»»
Sorare raises $680 million for its fantasy sports NFT game
French startup Sorare has announced that it has raised a significant funding round. SoftBank's Vision Fund 2 has led a $680 million Series B round, which values the company at $4.3 billion. Sorare has built a fantasty football (soccer) platform b.....»»
SoftBank deepens commitment to LatAm with two new partners focused on early-stage investing
In March 2019, SoftBank Group International made headlines when it announced the SoftBank Innovation Fund, which started out with a $2 billion commitment to invest in tech startups in Latin America. A lot has changed since then. SoftBank changed the.....»»
Inside Reach Capital’s edtech-powered returns
Reach Capital, a San Francisco-based venture firm co-founded by Jennifer Carolan and Shauntel Garvey, focused exclusively on edtech for years before the sector ballooned with unicorns. The rare, female-led partnership closed its third fund in Februar.....»»
Two years after launching, Inspired Capital has closed its second fund with $281 million
Inspired Capital, the New York-based early-stage venture firm that was founded in 2019 by entrepreneurs Alexa von Tobel and Penny Pritzker, is today announcing the close of their second fund with $281 million in capital commitments, an amount that br.....»»
Two years after launching, Inspired Capital has finished raising its second fund
Inspired Capital, the New York-based early-stage venture firm that was founded in 2019 by entrepreneurs Alexa von Tobel and Penny Pritzker, is today announcing the close of their second fund with $281 million in capital commitments, an amount that br.....»»
LinkedIn is launching its own $25M fund and incubator for creators
When LinkedIn first launched Stories format, and later expanded its tools for creators earlier this year, one noticeable detail was that the Microsoft-owned network for professionals hadn’t built any kind of obvious monetization into the progr.....»»
PassFort, a RegTech SaaS for KYC and AML, nets $16.2M
London-based PassFort, a SaaS provider that helps business meet compliance requirements such as KYC (Know Your Customer) and AML (Anti-Money Laundering) reporting, has closed a $16.2 million Series A led by US growth equity fund, Level Equity. The 20.....»»
India and Singapore to link their payments systems to enable ‘instant and low-cost’ cross-border transactions
India and Singapore are working to link their digital payments systems to enable “instant, low-cost fund transfers,” in a major push to disrupt cross-border transactions, the central banks of the two nations said on Tuesday. The project to link I.....»»
CuPID CubeSat will get new perspective on Sun-Earth boundary
When you help build a satellite the size of a shoebox, you learn pretty much everything about it, says Emil Atz, a Ph.D. candidate in Mechanical Engineering at Boston University. You learn how to write a proposal to fund it, how to place the screws t.....»»
Trade promotion management startup Cresicor raises $5.6M to keep tabs on customer spend
The company focuses on providing small to mid-size CPG companies with an automated way to manage their trade promotion in retail stores. Cresicor, a consumer packaged goods trade management platform startup, raised $5.6 million in seed fund.....»»
Would you pay $475 for an NFT ticket to see Beeple"s $69 million NFT in person?
Crypto fund Metapurse’s Dreamverse festival, being held at Terminal 5, New York City this November 4, includes a gallery featuring work from over 150 artists in an "interactive digital art experience." The work will be displayed through installatio.....»»
Southeast Asia-focused Jungle Ventures announces $225M first close for its fourth fund
Southeast Asia’s funding boom is set to continue, with Jungle Ventures announcing today the $225 million first close of its fourth fund. Fund IV started raising in mid-May and is targeting a total of $350 million. The majority of its limited partne.....»»
Highlights of the day: China steps up investment in memory firms
China's Big Fund is stepping up investments in the country's memory sector in line with its push for IC self-sufficiency. Meanwhile, the world's major memory chipmakers are ramping up their QLC NAND chip output, eyeing robuts demand from both the PC.....»»
China Big Fund stepping up investment in homegrown memory sector
More China-based memory makers will receive cash injections from the government, as China's National IC Industry Investment Fund (Big Fund) steps up its investment in the country's homegrown memory sector, according to industry sources......»»
TXOne Networks finishes largest fundraising amid cybersecurity solution developers in Taiwan
Adaptive ICS (industrial control system) cybersecurity solution developer TXOne Networks has completed Series A funding to raise NT$360 million (US$12.9 million), so far the largest fund-raising amount among cybersecurity solution developers and/or s.....»»
Arianna Simpson of a16z on Yield Guild Games, the firm’s newest bet on crypto + gaming
As one of four general partners at Andreessen Horowitz who are now investing the venture firm’s third crypto fund, a $2.2 billion vehicle, Arianna Simpson is very focused on how to return that capital and much more to the firm’s limited p.....»»
Your Credit Score Should Be Based On Your Web History, IMF Says
An anonymous reader quotes a report from Gizmodo: In a new blog post for the International Monetary Fund, four researchers presented their findings from a working paper that examines the current relationship between finance and tech as well as its po.....»»