A naukri.com initiative
Funding News
Medium
3w
140
Image Credit: Medium
Why Most Web3 Startups Never Raise; Only 1 in 10 Make It, and Here’s the Ugly Truth
- Crypto startups often struggle to secure investment due to systemic issues within funding.
- Having superior technology alone may not be enough in the competitive crypto space.
- Despite Web3's ideals, capital in the crypto world remains concentrated, presenting challenges for startups.
- Successful companies like Airbnb, Netflix, Apple, and Slack overcame early struggles through strategic adaptations.
- Understanding market dynamics and rigorous preparation are crucial for startup success in the crypto space.
Read Full Article
8 Likes
Eu-Startups
3w
175
French SpaceTech Skynopy raises €15 million to build satellite ground station network
- Paris-based Skynopy raises €15 million to deploy a global network of ground stations for low Earth orbit satellites.
- The funding round was led by Alven and saw participation from other key investors like Expansion, Omnes, and CNES via the SpaceFounders program.
- Skynopy's innovative model aims to provide agile, interoperable ground station services, reducing revisit time and increasing data download volume per satellite pass.
- The funding will accelerate Skynopy's commercial deployment, strengthen teams, and support the AKAR project for a unified high-speed space network by 2028.
Read Full Article
10 Likes
Silicon
3w
358
Image Credit: Silicon
Meta Looks To Raise $29bn For AI Expansion – FT
- Meta Platforms aims to raise $29 billion through private capital firms for AI data centre expansion in the US.
- Credit investors like Apollo Global Management, KKR, Brookfield, Carlyle, and Pimco are in talks for $3bn equity and $26bn debt fundraising.
- Meta is considering different debt structures and may seek additional capital.
- The company is increasing AI-related investments to compete with Google and OpenAI, involving partnerships and hiring key personnel.
Read Full Article
21 Likes
Medium
3w
331
Image Credit: Medium
Top 5 Reasons AI Startups Are Migrating to the AI Pulse Ecosystem
- Tech startups are increasingly migrating to the AI Pulse ecosystem, a decentralized GPU leasing platform powered by blockchain and the GDePIN model, as a lifeline amidst their tight budgets and the unsustainable costs of traditional cloud providers.
- The AI Pulse ecosystem offers real-time GPU leasing through a decentralized marketplace, reducing upfront costs and enabling scalability for AI startups.
- Transparency is ensured through blockchain integration in all operations, providing founders with visibility into resource usage and spend, fostering trust and accountability.
- AI Pulse incentivizes early adopters with various programs like token rewards, performance bonuses, and reduced fees, allowing startups to cut costs and earn passive income by contributing unused GPU capacity.
Read Full Article
19 Likes
SiliconCanals
3w
232
Image Credit: SiliconCanals
Eindhoven’s Tibo Energy secures €6M to tackle grid congestion in Europe; plans to double its team
- Eindhoven-based Tibo Energy has secured €6M in Seed funding led by KOMPAS VC to tackle grid congestion in Europe.
- The funding will be used to expand into Germany and Belgium, double the team, and enhance the Energy Management System (EMS) with new modules.
- Tibo Energy offers AI-driven software to simulate and control decentralised energy grids, helping businesses manage energy use effectively in real-time and avoid grid congestion.
- Tibo Energy has deployed its EMS on over 30 industrial sites, working with partners like Unica, Hoppenbrouwers, and Stantec to optimize energy use and cut operational costs.
Read Full Article
14 Likes
Pymnts
3w
412
Image Credit: Pymnts
CE 100 Index Soars 4.3% as Nike Races Ahead After Earnings
- The CE 100 Index surged by 4.3% in the last trading week of June with all pillars advancing.
- Banking and 'fun' stocks led the rally, with J.P. Morgan and 'Have Fun' names such as Nike showing significant gains.
- Nike's stock soared by 20.4% following positive sentiment related to operational performance turnaround and strategies to mitigate cost headwinds, including tariffs.
- In the payment sector, notable movements were seen with companies like Affirm, Mastercard, Visa, and FIS announcing new partnerships and initiatives.
Read Full Article
24 Likes
SiliconCanals
3w
127
Image Credit: SiliconCanals
Amsterdam’s Tiqets lands €25M loan to refinance existing venture debt: Know more
- Amsterdam-based Tiqets secures a €25M loan from ABN AMRO to refinance existing venture debt.
- ABN AMRO's funding aims to provide cost savings and flexibility for Tiqets' future growth efforts.
- ABN AMRO emphasizes supporting clients through innovative financial solutions to drive digital transformation.
- Tiqets, a digital platform for cultural and tourism experiences, has raised over €100M in equity since its establishment in 2014.
Read Full Article
7 Likes
Eu-Startups
3w
110
Bonx raises €7.3 million to champion European manufacturing with market-leading AI ERP
- French SaaS startup Bonx raises €7.3 million in Seed funding to revolutionize ERP systems for manufacturing with their purpose-built platform.
- Bonx's platform combines no-code configuration, advanced AI capabilities and rapid deployment to digitize operations for mid-market manufacturers within weeks.
- The funding will support Bonx in expanding its model from France to new markets like Italy and Spain, aiming to become Europe's top ERP leader for mid-sized manufacturers.
- The company focuses on integrating seamlessly with existing tools, providing fast implementation, and driving efficiencies in manufacturing operations through AI-driven capabilities.
Read Full Article
6 Likes
Guardian
3w
0
Image Credit: Guardian
Lifetime Isas ‘could lead to savers making poor investment choices’, MPs say
- The Treasury select committee of MPs has raised concerns that Lifetime Isas (Lisas) could lead to savers making poor investment choices and may not be the best use of public money.
- The MPs mentioned that Lisas might have been mis-sold to savers eligible for universal credit or housing benefit, and the rules around them penalize benefit claimants.
- Issues highlighted by the committee include the dual-purpose design of Lisas steering people away from more suitable savings products, restrictions on higher-risk investments, and penalties for withdrawing funds.
- The committee questioned the effectiveness of Lisas, given that a significant number of people made unauthorised withdrawals in comparison to those using them to buy a home. The MPs also raised concerns about the scheme's cost to the Treasury and its targeting towards those in need.
Read Full Article
Like
Ketto
3w
87
Image Credit: Ketto
How To Get Financial Assistance for Liver Transplant?
- Liver transplants in India can be financially burdensome for patients and families.
- Crowdfunding is a practical way to seek financial aid for liver transplant procedures.
- Article explores the costs, benefits, and process of using crowdfunding for assistance.
- Understanding the cost breakdown, benefits, and importance of crowdfunding for liver transplants.
Read Full Article
5 Likes
Massivelyop
3w
167
Make My MMO: Ahoy, Lionhearts, and Eldramoor Kickstarters
- Three new Kickstarter MMOs to watch: Ahoy, Lionhearts, and Eldramoor.
- Ahoy hits $640,000, Lionhearts offers pay-to-win features, and Eldramoor is VR-centric.
- Bohemia's Everwind also successfully funded. MMO crowdfunding landscape update included.
Read Full Article
10 Likes
Medium
3w
348
Image Credit: Medium
Rich Kids, Nepotism, & the “Martyrdom Syndrome”
- The article reflects on the concept of 'Nepo Babies,' children of Hollywood elites benefiting from their parents' fame and access.
- The discussion includes how some young actors and actresses acknowledged the advantages of their last name while emphasizing their own hard work and determination.
- The article poses questions about the impact of wealth and privilege on entrepreneurs, questioning whether those without connections or social capital can successfully launch startups.
- The author shares their experience working on a tech-driven marketplace connecting trained caregivers with busy parents, highlighting the challenges faced in the journey from idea to execution.
Read Full Article
20 Likes
Guardian
3w
158
Image Credit: Guardian
‘He left us with nothing’: the British investors swindled by a German property firm
- British and Irish investors, including David Middleton, face huge losses from a German property ponzi scheme.
- Founder Charles Smethurst was convicted of 'serious fraud' for diverting investments abroad.
- Investors were promised returns for restoring historic buildings, but funds were misused.
Read Full Article
9 Likes
Ketto
3w
365
Image Credit: Ketto
How Crowdfunding Platforms Are Revolutionizing Fundraising In India
- Crowdfunding in India is changing fundraising by collecting small donations online.
- Online crowdfunding platforms democratize fundraising and empower individuals and organizations to raise funds for various causes.
- The digital nature of crowdfunding offers benefits like increased reach, cost-effectiveness, and global connectivity.
- Crowdfunding revolutionizes fundraising in India, bridging financial gaps and promoting social causes.
Read Full Article
22 Likes
SiliconCanals
3w
273
Image Credit: SiliconCanals
In other news this week: Zama becomes unicorn after raising €49M, Metaview lands €30.1M, Boost inc secures €16M and more
- Zama secures €49M to launch FHE Blockchain protocol, expands onchain applications securely.
- Metaview raises €30.1M to scale AI hiring platform, delivers hiring intelligence from interviews.
- Boost inc raises €16M to expand unattended retail technology, offers smart vending systems.
Read Full Article
16 Likes
For uninterrupted reading, download the app