Tag Archives: raises

Google-backed TAE Technologies raises $280 million from new, existing investors

FILE PHOTO: The logo of Google is seen on a building at La Defense business and financial district in Courbevoie near Paris, France, September 1, 2020. REUTERS/Charles Platiau/File Photo (Corrects to remove inaccurate company descriptor from headline. Also corrects paragraph 3 to say that the company plans to use the funds for further work related to nuclear fusion) (Reuters) – TAE Technologies, a California-based firm building technology to generate power from nuclear fusion, said on… Source link

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Coinbase competitor Blockchain.com raises $300 million in crypto funding frenzy

Just one month removed from a $120 million dollar financing round, London-based cryptocurrency giant Blockchain.com announced Wednesday it raised another $300 million to reach a $5.2 billion post-money valuation. The Series C funding round comes as the 10-year-old crypto company reported hitting 31 million verified users across 200 countries. Blockchain.com CEO Peter Smith said the company has been able to raise $1.5 billion since its founding as institutional interest continues to swell with… Source link

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Walmart raises wages for 425,000 associates, about half of U.S. employees now earn $15 per hour – Yahoo Finance

TipRanks J.P. Morgan Says These 3 Gold Stocks Could Surge 40% (Or More) Let’s talk about gold. The precious metal is the traditional safe haven investment, backed by its use – starting 5,000 years ago – as a reliable store of value. Investors looking to protect their portfolio and secure their wealth traditionally bought heavily into gold, and the price of gold has sometimes been used as a proxy (albeit an inverse one) for general economic health. In a recent report, investment firm J.P…. Source link

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Dunzo raises $12 million led by Google

NEW DELHI: Having secured $28 million in funding last September, Dunzo, a hyperlocal delivery startup, has raised $12 million, led by a clutch of investors including Google LLC, Lightbox, Evolvence, Hana Financial Investment, LGT Lightstone Aspada, and Alteria. With this, the Bengaluru-based startup has completed its $40 million Series E round, which will help it execute its 2021 strategy, the company said in a statement. Also Read | What 2020 did to India’s… Source link

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Firebolt raises $37M to take on Snowflake, Amazon and Google with a new approach to data warehousing – TechCrunch

For many organizations, the shift to cloud computing has played out more realistically as a shift to hybrid architectures, where a company’s data is just as likely to reside in one of a number of clouds, as it might in an on-premise deployment, in a data warehouse, or in a data lake. Today, a startup that has built a more comprehensive way to assess, analyse and use that data is announcing funding as it looks to take on Snowflake, Amazon, Google and others in the area of enterprise… Source link

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