Finance News – Funding
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The risks of funding states via casinos
Relying on casino revenues for state funding can lead to financial instability, especially if external economic factors cause sudden declines in income streams or disrupt bond mark...
Read Full Article →DDC secures $528m for its corporate Bitcoin accumulation strategy
DDC Enterprise has obtained substantial funding exceeding half a billion dollars, enabling the company to significantly expand its investments in Bitcoin as part of its broader fin...
Read Full Article →Elon Musk's xAI raises $10 billion in debt and equity as it steps up challenge to OpenAI
The recent $10 billion financing will support xAI's expansion of its artificial intelligence capabilities and advancement of its new chatbot technology, positioning it as a competi...
Read Full Article →FBI says it dismantled North Korean fraud scheme spanning 16 US states
Authorities have disrupted a complex network involving remote technology professionals across multiple states, which was reportedly used to generate revenue supporting North Korea'...
Read Full Article →Larvotto gets green light to restart NSW Hillgrove gold-antimony mine
Approval to resume operations at the NSW Hillgrove site enables Larvotto Resources to engage in concluding financial negotiations, potentially leading to production commencement wi...
Read Full Article →AI crypto app users nearly double this year as funding beats 2024 total
The rising investments and increased user engagement in AI-driven cryptocurrency applications indicate growing financial interest and expanding market activity in this technology s...
Read Full Article →The Eastern City BID Announces £100,000 Funding and Two-Year Partnership with Providence Row
The Eastern City Business Improvement District is allocating £100,000 and establishing a collaborative relationship with Providence Row for two years to advance support initiatives...
Read Full Article →Prediction market Kalshi raises $185M at $2B valuation — Report
Kalshi secured $185 million in new investment, valuing the company at $2 billion, with part of the capital intended to expand its technology workforce, according to CEO Tarek Manso...
Read Full Article →Crypto VCs Crown New Unicorn as Confidentiality Startup Zama Raises $57M at $1 Billion Valuation
Zama secured $57 million in funding, achieving a valuation of $1 billion, as it introduced a public testnet focused on enhancing privacy and encrypted smart contracts within blockc...
Read Full Article →Polymarket on the Verge of Raising $200M at $1B Valuation: Report
Polymarket is reportedly close to securing $200 million in new investment, valuing the company at approximately $1 billion, with key participation from Founders Fund and additional...
Read Full Article →Canton blockchain developer Digital Asset raises $135 million in Goldman Sachs-backed round to accel...
Digital Asset secured $135 million in a funding round supported by Goldman Sachs to enhance the growth and implementation of its privacy-centric Canton Network within financial ins...
Read Full Article →CoinFund-backed Veda raises $18M as stablecoin yield becomes ‘inevitable’
Veda, a decentralized finance platform focused on stablecoin returns, secured $18 million in investment from multiple venture capital firms, highlighting growing interest in yield-...
Read Full Article →Fragrances retailer Bodycare lines up debt funding package
The health and beauty company, established over fifty years ago, is arranging new borrowing options to support its financial operations following a change in ownership three years...
Read Full Article →Velda raises $18 million bring DeFi to consumer and institutional audiences
Veda secured $18 million in funding to expand its decentralized finance platform, aiming to support both individual users and institutions with advanced cross-chain yield solutions...
Read Full Article →Minibuses for rural routes are in production | Letter
The production of compact vehicles tailored for less populated areas presents a promising market for manufacturers, supported by recent substantial government investments in transp...
Read Full Article →UK government unveils £275m investment in training and apprenticeships in England
The government plans to allocate £275 million toward enhancing vocational education and skill development in England, aiming to support manufacturing sectors and advance technologi...
Read Full Article →Why does this billionaire have 100 kids in 12 countries? | Arwa Mahdawi
Pavel Durov’s decision to have many children across multiple countries significantly impacts the distribution of his wealth, potentially spreading his financial legacy among a larg...
Read Full Article →Ancient trees are shipped to the UK, then burned – using billions in ‘green’ subsidies. Stop this ma...
The operation relies heavily on substantial government funding, resulting in significant public expenditure to import and combust large quantities of biomass for electricity genera...
Read Full Article →Crypto Biz: AI money rush could reshape digital asset industry
The influx of investment in artificial intelligence technologies is poised to transform the digital currency sector by driving innovation, creating new opportunities, and influenci...
Read Full Article →A South Korean Biotech Firms Gets $183.3M Funding to Build Bitcoin Treasury
The South Korean biotechnology company secured substantial capital to establish a cryptocurrency reserve while planning to enter U.S. public markets through a merger with SilverBox...
Read Full Article →‘Users Need Safety’: Former SpaceX Manager Raises $4.2M for Crypto Platform Stackup
The recent funding of $4.2 million for Stackup highlights growing investor confidence in technologies that enhance transaction security and reduce risks for businesses operating wi...
Read Full Article →Parents celebrate $45m funding 'game changer' after birth trauma inquiry
The allocation of $45 million within an $83 million funding package is regarded by parents as a major advancement that could improve care and support for families affected by birth...
Read Full Article →Project Eleven raises $6M to defend Bitcoin from quantum attacks
Project Eleven secured $6 million in funding to advance the development of technologies designed to protect Bitcoin from potential threats posed by emerging quantum computing capab...
Read Full Article →Infrastructure strategy: Hospitals and schools focus of funding push
The government plans to invest £10 billion annually over the next ten years, allocating more than £6 billion each year specifically for hospital upkeep to improve public service fa...
Read Full Article →FDA approves Gilead's twice-yearly HIV prevention injection, offering a powerful and convenient new...
The approval of Gilead’s biannual HIV prevention injection presents a significant development in treatment options, though its impact may be influenced by possible reductions in go...
Read Full Article →Funding boost sees NSW biosecurity budget top $1b
The recent increase of $141.2 million in the allocated resources brings New South Wales' expenditure on biosecurity measures to over one billion dollars, reflecting a significant i...
Read Full Article →Lightchain AI secures dev funding as Stellar seeks relevance in the crypto space
Lightchain AI has obtained $21 million in development capital, enabling the company to advance its technology offerings while Stellar continues efforts to maintain its position wit...
Read Full Article →Solana futures open interest hits $7.4B amid ETF speculation: Is $200 SOL next?
The recent surge in Solana futures open interest to over $7.4 billion highlights increased market activity, although stable funding rates and reduced decentralized exchange transac...
Read Full Article →Ethereum crosses $2,790, Hyperliquid up 16%, and AGNT gains $2.4m growth
A major cryptocurrency surpassed a notable price threshold, a separate token increased by 16%, and a blockchain project secured $2.4 million in funding to support significant growt...
Read Full Article →MPs call for inquiry into how RedBird Capital is funding £500m Telegraph deal
A group of parliamentarians has requested an investigation into the financial sources behind a significant acquisition of a major media outlet, citing concerns over possible foreig...
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