News with the tag "Series C"

Elon Musk’s xAI Secures $6 Billion in Series C Funding Round Elon Musk’s xAI , an artificial intelligence startup, has successfully raised a staggering $6 billion in a Series C funding round , according to a recent company blog post. The round attracted significant investments from A16Z (Andreessen ...

Moniepoint, a Nigerian fintech company, has raised $110 million in Series C funding to expand its services across Africa and globally, becoming the latest Nigerian fintech unicorn. Moniepoint Seeks to Serve Global African Market with New Funding Moniepoint, a Nigerian fintech company, recently annou...

Academic researchers have identified a new vulnerability within Apple’s M-series chips that could allow attackers to extract cryptographic keys from Mac devices. According to technology blog Ars Technica, this flaw is deeply rooted in the microarchitectural design of the silicon, rendering it imposs...

The Nigerian fintech startup, Chipper Cash, recently abolished the roles of 20 workers based in the U.S. and U.K. The CEO Ham Serunjogi said this decision aligns with its goal of maintaining high operational efficiency and moves the startup closer to profitability. Layoffs Set Chipper Cash on Course...

Tools For Humanity, the main developer of Worldcoin, is in talks with investors about raising more capital through the sale of WLD tokens.

The firm's valuation sits at less than $7 billion following a $14 billion valuation in March 2022, Bloomberg reported.

The digital asset trust firm Bitgo, headquartered in Palo Alto, California, has secured $100 million in a Series C funding round. While the company remains tight-lipped about the participants in this financial endeavor, this fresh infusion of capital catapults the firm’s post-valuation to $1.75 bill...

BitGo, the decade-old crypto custody business, raised a fresh $100 million in a Series C round.

Venture funding for web3 fell 80% in the first quarter of 2023 from the same quarter a year earlier, according to K33 Research.

The fresh funding will be used to bring Mythical Games into profitability, CEO John Linden told The Block.