Doosan announces $33.7M raise, as it introduces a robotic camera system at CES – TechCrunch
Brian Heater - 0
Doosan Robotics this week announced $33.7 million in funding, led Praxis Capital Partners and Korea Investment Partners. The fundraising news arrives as the Seoul-based company shows off its wares at CES in Las Vegas.
The company says the funding will be used to increase research and development and attract...
Bitcoin price drops to $43.7K after Fed minutes re-confirm plans to hike rates
Cointelegraph By Jordan Finneseth - 0
Bitcoin (BTC) and the wider cryptocurrency market fell under as equities markets pulled back at the closing bell after minutes from the Federal Reserve's December FOMC meeting showed that the regulator is committed to decreasing its balance sheet and increasing interest rates in 2022. As stock markets corrected,...
Some of the most high-flying stocks of the pandemic are struggling in the new year and it’s bad news for tech companies of all sizes.
TechCrunch noted yesterday that software stocks were having a pretty poor start to the year. That was, it turned out, only the beginning of...
Money transmission network MoneyGram now has a minority investment in crypto ATM operator Coinme following a Series A funding round.In a Wednesday announcement, MoneyGram said it had purchased a roughly 4% ownership stake in Coinme — likely more than $764,000, given its valuation of $19.1 million in June...
Canaan Deploys 10,300 Mining Machines in Kazakhstan, Expanding its Mining Operations
Guest Editor - 0
Canaan, a Chinese Bitcoin mining manufacturer engaged in independent AI chip research and development as well as providing high-performance computing services, announced that it has signed strategic cooperation agreements with a number of crypto mining companies and plans to launch joint mining operations in Kazakhstan.
According to the official...
Petal nears unicorn status with fresh $140M in capital to upend ‘broken’ traditional credit system – TechCrunch
Mary Ann Azevedo - 0
In recent years, there has been a growing number of startups that are trying to make credit more accessible to consumers.
One such startup, Petal, announced today that it has raised a $140 million Series D round of funding.
The company’s new valuation is $800 million – more than...
Though the crypto space has seemingly moved beyond the endorsements many minor celebrities bestowed on token projects during the 2018 initial coin offering boom, its growing popularity and acceptance now has professional sports players, Hollywood elites and politicians backing major companies dealing with digital assets.In June 2021, Kim...
After fitting some of its cars with comfy lounge chairs at CES 2020, BMW today unveiled the next step in its in-car entertainment story: a 31-inch 8K smart TV with support for Amazon’s Fire TV service (with a country-specific streaming service for China in the works, too). This...