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Founder Of Polygon, Sandeep Nailwal, Raises $50M For Web3 Fund

Polygon Founder Symbolic Capital is the newest venture company to strongly emphasize Web3, gaming, and NFTs. Sandeep Nailwal, the creator of Polygon and a cryptocurrency entrepreneur, has collected $50 million for a new startup fund targeted at Web3 firms, highlighting venture capital’s rising interest in the blockchain-powered internet. According to the business, Nailwal’s venture firm, …

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Animoca Brands’ Japanese Unit Raises $45m

Animoca Brands’ Japanese unit raised $45 million in financing at a $500 million pre-money valuation. The Hong Kong-based crypto gaming and web3 firm raised the fund with MUFG Bank – the largest bank in Japan with a 360-year-old history. Animoca Brands Japan has planned to use the fund to “secure licenses for popular intellectual properties, …

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Sony raises PS5 prices in Canada, Europe, Japan, and other markets

What you need to know The PS5 is almost two years old, with Sony continuing to produce more units in an effort to meet demand.  Citing economic challenges like inflation, Sony is raising the price of the PS5 in several markets such as Canada, the U.K, Europe, and Japan.  Sony says that there will be …

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Servify Raises $65 Mn In New Round; Aims For IPO In Two Years

Business oi-PTI | Published: Wednesday, August 24, 2022, 15:33 [IST] Servify, a company that manages lifecycle of devices for several smartphone vendors in many markets, on Wednesday said it has raised USD 65 million (around Rs 520 crore) in a round led by Singularity Growth Opportunity Fund. The startup, which serves global brands like Samsung …

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IBISA Seed Funding | Ankur Capital: Agri-insurtech company IBISA raises seed funding from Ankur Capital

MUMBAI: Agri insurtech company IBISA announced that Ankur Capital, an India-based leading early-stage venture capital fund focused on transformative technologies in deeptech and climate tech has joined its seed round. Luxembourg-based IBISA is on a mission to the Agri value chain players with innovative weather protection insurance solutions. Founded in 2019, IBISA started its operations …

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Wisedrive funding: Wisedrive raises $1 million seed funding from LC Nueva Investment Partners, Spiral Ventures, others

BANGALORE: Wisedrive, a car extended warranty platform, has raised $1 million seed funding led by LC Nueva Investment Partners, through its early-stage venture capital fund, LC Nueva Alternative Investment Fund (AIF). The round also saw participation from Spiral Ventures – an Asia-focused Japanese venture capital fund, Bhavadeep Reddy – angel investor and co-founder of HousingMan.com. …

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Rusk Media Raises $9.5m for Blockchain-Based UGC Gaming

Indian-based digital entertainment startup Rusk Media has pulled the sum of $9.5 million in a Series A extension funding round. The startup revealed that the funding round enjoined participation from existing investors InfoEdge Ventures (IEV), Mistry Ventures, and Survam Partners participating in the round. The funding round was led by Seoul-based DAOL Investment and Audacity …

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Tamil-Telugu actress raises #MeToo allegations against ‘Padavettu’ executive producer Bibin Paul, says she stopped pursuing roles in Malayalam cinema | Malayalam Movie News

Five months after the arrest of ‘Padavettu’ director Liju Krishna for the alleged rape, yet another woman, an actress, has raised #MeToo allegations against a crew member of the film. A young actress, who currently works in Tamil and Telugu movies has raised allegations against Bibin Paul, the executive producer of ‘Padavettu’. The woman has …

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ATB Capital Raises Air Canada (TSE:AC) Price Target to C$32.00

Air Canada (TSE:AC – Get Rating) had its target price hoisted by analysts at ATB Capital from C$30.00 to C$32.00 in a research note issued on Wednesday, MarketBeat.com reports. The brokerage currently has a “buy” rating on the stock. ATB Capital’s price objective points to a potential upside of 75.92% from the company’s previous close. …

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Defi Wallet Unstoppable Finance Raises $12.8M in Series A Fund

Berlin-based Unstoppable Finance has announced a €12.5 million ($12.8 million) Series A funding round led by Lightspeed Venture Partners. According to Unstoppable Finance, Speedinvest, Rockaway Blockchain Fund, Backed, Inflection, Discovery Ventures, Fabric Ventures, and newly added Anagram participated in the financing. Founded by Max von Wallenberg-Pachaly, Peter Grosskopf and Omid Aladini, Unstoppable Finance is building …

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