Tag: valuation
Nvidia AI partner Databricks raises $500M to achieve $43B valuation
Cloud data company Databricks recently announced the completion of a Series I fundraising round where it raked in $500M from primary investor accounts [...]
Celsius Token Holders Lose Bid to Hike CEL Valuation
Creditors of the bankrupt crypto lender argue it should be valued at $0.80, its nominal price when the company collapsed, despite allegations of marke [...]
Elon Musk’s SpaceX near $150 billion valuation after stock sale
The valuation of Elon Musk's SpaceX hit near $150 billion following a share sale by existing investors announced this week, CNBC has learned.SpaceX ha [...]
Upbeat CAD outlook over medium term based on solid growth fundamentals and attractive FX valuation – SocGen
Economists at Société Générale analyze CAD outlook ahead of the Bank of Canada Interest Rate Decision.
BoC to hike 25 bps
In Canada, anoth [...]
Startup Kaito Gets $87.5M Valuation in New Funding to Build AI Search Engine for Crypto
The Kaito search engine launched in Beta mode to 35,000 waitlisted users on June 20, according to a company LinkedIn post. It combines large language [...]
Investment Firm Republic Buys Stake in SEC-Regulated Broker-Dealer INX at $50M Valuation
Republic will acquire around a 9.5% stake in INX at an approximate $50 million pre-money valuation, with a "non-binding" commitment to acquire of 100% [...]
The debt-ceiling is not too much of a driver for the USD valuation – Commerzbank
Ulrich Leuchtmann, Head of FX and Commodity Research at Commerzbank, explains why the FX market seems to ignore the subject of the “debt ceiling”
Ri [...]
Decentralized Crypto Wallet Developer Odsy Raises $7.5M at $250M Valuation
Odsy Foundation, a Zug, Switzerland-based organization working to promote the network's adoption, said its goal is to "decentralize access control in [...]
Crypto Media Company Blockworks Raises $12M at $135M Valuation
“For the past year, we’ve been building Blockworks Research, a powerful investment platform that brings together data, analytics, research, governance [...]
Pepe Coin Shorters Lose Millions as PEPE Jumps to $900M Valuation
The market capitalization for the tokens jumped to nearly $900 million as the frenzy seems neverending.
www.coindesk.com [...]
DeFi-Focused Layer 1 Berachain Raises $42M Series A at $420.69M Valuation
The round was led by Polychain Capital and included participation from venture capital firms Hack VC, dao5, Tribe Capital, Shima Capital and Robot Ven [...]
AI-Focused Blockchain CryptoGPT Raises $10M Funding at $250M Valuation
"Instead of applying ZK technology to payments, CryptoGPT integrates it for private data transfers," CryptoGPT said in the statement on Monday. The pr [...]
Crypto Protocol LayerZero Raises $120M Series B at $3B Valuation
The cross-chain interoperability and messaging protocol last raised funds in March 2022 at a $1 billion valuation.
www.coindesk.com [...]
Animoca denies reports of $200M cut to Metaverse fund and valuation drop to $2B
Venture capital firm and Web3 game developer Animoca Brands has refuted claims that it scaled back its Metaverse fund target by $200 million, or 20% t [...]
Multichain wallet BitKeep raises $30M at $300M valuation
On March 22, cryptocurrency derivatives exchange Bitget announced a $30 million investment into the multichain wallet BitKeep at a $300 million valuat [...]