LOS ANGELES, Sept. 29 (Korea Bizwire) — Triller Inc.(“Triller”) and GEM Global Yield LLC SCS (“GGY”) today announced a binding $310 million investment from GEM, the Luxembourg based private alternative investment group, in the form of a share subscription facility. Under the agreement, GEM will provide Triller with up to $310 million in equity capital [...]
ATLANTA, Sept. 29 (Korea Bizwire) – Volantio, an Atlanta-based technology startup, today announced the successful completion of its $6 million Series A raise led by DiamondStream Partners, an aviation and aerospace venture capital firm, with participation from Alaska Airlines and follow-on investments from JetBlue Ventures, IAG, Amadeus Ventures, and Ingleside Investors. The company plans to use [...]
SAN JOSE, Calif., Sept. 20 (Korea Bizwire) — Movellus, today announced the closing of a $23M Series B to accelerate the company’s growth. The funding will be used to expand R&D efforts and build out the marketing and sales functions to support the company’s growth plans. MESH and SK hynix joined existing investors Accelerate Blue [...]
MONTREAL, Sept. 8 (Korea Bizwire) – Kaloom™ today announced it secured an additional USD 21 million from the Quebec government and current investor, Alternative Capital Group (ACG), who matched the government of Quebec’s investment. This latest investment will support Kaloom’s go-to-market strategy and extend its current heterogeneous hardware strategy by supporting additional platforms like SmartNICs and Servers. The latest [...]
TEL AVIV, Israel, Aug. 18 (Korea Bizwire) — dWallet Labs, a cybersecurity company specializing in blockchain technology, today announced it raised $5M in pre-seed funding led by Node Capital and Digital Currency Group (DCG), and joined by Amplify Partners, Lightshift Capital, Liquid2 Ventures, Collider Ventures, Lemnsicap, Heroic Ventures, Impatient Ventures, Zero Knowledge, Dispersion Capital, Token Bay Capital, Tykhe Block Ventures, Cerulean Ventures and Earl Grey Capital alongside founders and angel investors from Coinbase, Ethereum, Celo, AngelList, Alt, Spearhead, and [...]
SAN JOSE, Calif., Aug. 16 (Korea Bizwire) – Pliops, a leading provider of data processors for cloud and enterprise data centers, today announced that it has closed a $100 million Series D funding round, bringing total investment in the company to more than $200 million since its founding in 2017. Led by Koch Disruptive Technologies (KDT) [...]
NEW YORK, Aug. 15 (Korea Bizwire) — TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of the world’s largest estimated undeveloped source of critical battery metals, today announced a committed PIPE financing which is expected to result in US$30.4 million of gross proceeds (approximately $30M net proceeds) through the issuance [...]
DUBAI, Arab Emirates, July 23 (Korea Bizwire) — Qstay Hospitality Technologies (“Qstay” or the “Company”), a Dubai DIFC based next-generation hospitality company that is redefining the guest experience through technology and design, announced that they have recently closed on a SEED round of $6.5 million. Funding was a mix of debt and equity. Qstay was officially [...]
CHARLOTTESVILLE, Va., July 22 (Korea Bizwire) — Astraea, Inc. (Astraea), a satellite intelligence company, today closed an oversubscribed $6.5 million Series A round led by Aligned Climate Capital and Carbon Drawdown Collective with participation from CAV Angels, Tydall Investment Partners, and existing investor University of Virginia (UVA) Seed Fund. Astraea’s software-as-a-service (SaaS) platform, EarthAI, leverages [...]
Amsterdam, July 15 (Korea Bizwire) – Azerion today announces a small equity capital raise of €10.5 million in the form of a private placement of existing ordinary treasury shares of Azerion, predominantly to Azerion’s co-CEO’s investment vehicles. The price of the private placement reflects a 5% discount on Azerion’s closing share price of 13 July 2022. Azerion [...]