Team S
@newnexteam
8 days
In a significant development for the snack food industry, Beyond Snack has successfully raised $8.3 million in a Series A funding round. This investment is set to fuel the company's ambitious plans for expansion and innovation in the competitive snack market.
The funding round, which closed recently, attracted attention from several notable investors in the food and technology sectors. While specific details about the investors have not been disclosed, industry ins...
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Team S
@newnexteam
8 days
In the ever-evolving landscape of venture capital, a new player has emerged with a distinct mission. New Founding, a venture capital firm established in 2021, is making waves in the tech industry with its self-proclaimed "anti-woke" investment strategy. Founded by Matthew Peterson, a former academic and think tank executive, the firm aims to support companies that align with conservative values and oppose what they perceive as left-leaning ideologies prevalent in the tech sector.
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Team S
@newnexteam
8 days
The artificial intelligence industry has experienced unprecedented growth, with venture capital investments in AI companies surpassing $100 billion in 2024. This figure represents a staggering 80% increase from the previous year and accounts for nearly a third of all VC dollars invested. As the market becomes increasingly saturated, investors are facing the challenge of identifying truly promising AI startups amidst the noise.
A recent TechCrunch survey of 20 venture capitali...
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Team S
@newnexteam
10 days
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Team S
@newnexteam
10 days
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Team S
@newnexteam
10 days
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Team S
@newnexteam
10 days
Anthropic, the AI startup behind the Claude chatbot, is reportedly close to securing a $2 billion funding round that would value the company at $60 billion. This significant funding boost is being led by venture capital firm Lightspeed Venture Partners.
https://www.newnex.io/blogs/startups/anthropic-raising-2billion...
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Team S
@newnexteam
10 days
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Team S
@newnexteam
12 days
Meta, the parent company of Facebook and Instagram, has announced significant changes to its content moderation policies and board composition, signaling a new direction for the tech giant.
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Team S
@newnexteam
12 days
Finn Mallery, the founder of Origami Agents, delivers a must-read post packed with actionable insights for startups looking to supercharge their growth. If you're aiming to build meaningful Monthly Recurring Revenue (MRR) and scale effectively, this practical guide will arm you with the tools to get there.
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Team S
@newnexteam
16 days
J.P. Morgan's expands private markets through a new valuation service. The firm's subsidiaries, PricingDirect and Aumni, have collaborated to offer independent valuations of private equity securities for the first time. This initiative is part of J.P. Morgan's strategy to become the leading financial institution for the Innovation Economy, which supports thousands of startups and high-growth enterprises.
The new service aims to provide comprehensive, unbiased valuations of pr...
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Team S
@newnexteam
20 days
In a significant setback for the emerging electric air taxi industry, German startup Volocopter has filed for insolvency proceedings. The company, which had been aiming to enter the market in 2025 with its two-seater "Volocity" electric air taxi model, cited an inability to raise new funds to maintain regular operations.
This development comes as a blow to the electric vertical takeoff and landing (eVTOL) sector, especially following recent turmoil at competitor Li...
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Team S
@newnexteam
20 days
Carecode, a Brazilian startup, is leveraging AI agents to streamline healthcare tasks surrounding medical appointments. Founded by Thomaz Srougi and Pedro Magalhães, the company aims to reduce healthcare costs and improve medical outcomes by focusing on pre- and post-appointment processes typically handled by call centers.
The startup recently emerged from stealth mode with a $4.3 million pre-seed round led by a16z and QED. Other investors include Endeavor Catalyst...
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Team S
@newnexteam
20 days
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Team S
@newnexteam
21 days
Leanworx, a Bengaluru-based startup focused on empowering manufacturing plants with real-time data, has successfully raised ₹8.3 crore (approximately $1 million) in its seed funding round.
The round was led by YourNest Venture Capital, which contributed ₹6.5 crore, along with an additi...
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Team S
@newnexteam
21 days
Qolab, Inc., a leader in superconducting quantum computing, has announced that it has secured over $16 million to date in its Series A financing round. The funding is led by Octave Ventures, with co-investment from the Development Bank of Japan Inc. (DBJ), Wisconsin Alumni Research Foundation (WARF), and Phoenix Venture Partners.
The investment is a significant step in Qolab's mission to develop utility-scale quantum computing technology, focusing on advancing scal...
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Team S
@newnexteam
21 days
Flying Fish, a Seattle-based venture capital firm, is raising a new $25 million "Flying Fish Opportunity Fund I," according to a recent SEC filing. This move comes as the firm expands its investment activities beyond its initial focus on AI, machine learning, and robotics startups in the Pacific Northwest.
- Flying Fish launched in 2017, initially concentrating on the Pacific Northwest region.
- The firm expanded its geographic reach to Canada and other areas...
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Team S
@newnexteam
21 days
Spanish company Sateliot has secured a €30 million loan from the European Investment Bank (EIB) to co-finance the rollout of its constellation of over 100 Low Earth Orbit (LEO) satellites. This ambitious project aims to provide global Internet of Things (IoT) connectivity, particularly in rural, oceanic, and remote areas.
Sateliot's technology: The company is developing a network of satellites that function as mobile telecom towers in low Earth orb...
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Team S
@newnexteam
21 days
1KOMMA5°, a German home electrification startup, has raised €150 million in a pre-IPO funding round, bringing its total funding to over €450 million. This significant investment comes less than four years after the company's foundation and marks a crucial step towards its planned initial public offering.
Investors: The round was co-led by G2 Venture Partners, with participation from 2150, Norrsken, Hamilton Lane, b2venture, Eurazeo, and eCAPITAL. T...
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Team S
@newnexteam
21 days
Usual, a decentralized fiat-backed real-world assets (RWA) stablecoin issuer, has successfully raised $10 million in a Series A funding round. The round was led by Binance Labs and Kraken Ventures, with participation from other notable investors in the cryptocurrency space.
Investors: In addition to Binance Labs and Kraken Ventures, the round saw participation from Galaxy Digital, OKX Ventures, Wintermute, and Amber Group.
...
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Team S
@newnexteam
21 days
European venture capital firm 360 Capital has successfully raised €140 million ($154 million) for its dedicated climate tech fund. This significant fundraising effort highlights the growing interest and investment in technologies aimed at addressing climate change and promoting sustainability.
- Fund size: The climate tech fund reached €140 million, surpassing its initial target of €100 million.
- Investment focus: The fund will primarily invest in...
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Team S
@newnexteam
21 days
Tether, a leading stablecoin provider, has announced its support for Arcanum Capital's Fund II, marking a significant step in deepening Web3 venture capital activities. This collaboration, announced on December 27, 2024, in Hamilton, Bermuda, brings together key players in the blockchain and cryptocurrency space to foster innovation and resilience in the face of global uncertainties.
Paolo Ardoino, CEO of Tether and CSO of Holepunc...
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Team S
@newnexteam
21 days
The venture capital landscape is evolving as experienced investors increasingly go solo, departing from traditional firm structures. This trend is reshaping the industry and creating new dynamics for both investors and startups. Key drivers of this shift include:
1. Autonomy: Solo VCs can craft personalized investment strategies aligned with their expertise.
2. Agility: Independent operators can make faster decisions, crucial in fast-paced startup environments.
3....
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Team S
@newnexteam
24 days
BVNK, a London-based cryptocurrency startup, has successfully raised $50 million in a recent funding round. This investment values the company at approximately $750 million, highlighting the growing interest in stablecoin-related businesses within the crypto industry.
1. Lead investor: Fidelity International Strategic Ventures
2. Other participants: Included existing investors such as Tiger Global and The Raba Partnership
3. Funding purpose: To support BVNK's expa...
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Team S
@newnexteam
24 days
Bolttech, a Singapore-based insurance technology startup, has successfully raised over US$100 million in its latest funding round. This investment has propelled the company's valuation to US$2.1 billion, solidifying its position as a unicorn in the InsurTech sector.
1. Lead investor: Tokio Marine, a prominent Japanese insurance company
2. Participation: Existing investors, including EDBI (Singapore's state investment firm)
3. Purpose: To fuel Bolttech's global exp...
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Team S
@newnexteam
24 days
Arborea, an Anglo-Portuguese startup, has secured €5 million in funding to advance its innovative Biosolar Leaf technology for sustainable protein production. The funding round was led by Indico Capital Partners with support from Banco Português de Fomento (BPF).
The company plans to use this investment to prepare its first commercial-scale protein production facility. Arborea's Biosolar Leaf system offers a revolutionary approach to cultivating microalgae and other microscop...
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Team S
@newnexteam
24 days
Revenue-Based Financing Gains Traction in MENA Region
CredibleX, a revenue-based financing (RBF) startup, has secured a $55 million seed round led by Further Ventures to capitalize on the growing demand for alternative financing in the Middle East and North Africa (MENA) region. The company provides working capital to small and medium-sized enterprises (SMEs) through partnerships with large aggregators in various vertical ecosystems.
The MENA region has seen ...
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Team S
@newnexteam
25 days
In a significant shift in Asian finance, India has overtaken China as the leading market for company listings in Asia this year. Propelled by companies like Swiggy and Hyundai Motor, India is set to become the world's second-largest equity fundraising market behind the US for the first time. The National Stock Exchange of India is poised to be the top venue for primary listings by value, surpassing Nasdaq and Hong Kong Stock Exchange.
This change comes as China experiences a ...
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Team S
@newnexteam
a month
Merry Christmas to everyone from the Newnex Team!
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Team S
@newnexteam
a month
Humba Ventures has announced the launch of Humba II, an oversubscribed $40 million fund focused on deep tech and American Dynamism investments. This second fund aims to support early-stage founders building ambitious solutions in critical sectors of the economy.
1. Investment focus: Deep tech and American Dynamism companies
2. Fund size: $40 million, oversubscribed
3. Investment stages: Pre-seed ($250K-$500K) and seed ($500K-$1M)
4. Target sectors: Transport...
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