Uber Technologies, Inc. (NYSE: UBER) today announced that it has completed its acquisition of Drizly and that the two companies will begin integrating their complementary delivery apps and services. The purchase consideration was approximately $1.1 billion, consisting of approximately 18.7 million newly issued shares of Uber common stock plus cash.
Saverin-Backed Exchange Becomes India’s First Crypto Unicorn
CoinDCX became India’s first cryptocurrency unicorn after the exchange raised 6.70 billion rupees ($90 million) from investors led by Facebook Inc. co-founder Eduardo Saverin’s B Capital Group, even as local authorities push back against crypto assets.
Spincar: How Covid has changed the way used cars are sold
(CNN) If you haven’t bought a used car in a while, you might be surprised at how much the shopping experiencehas changed. While used car sales were already making their way to the web, the pandemic spurred the industry to accelerate its moveonline.
Securitize Raises $48 Million in Series B Capital to Expand its Leadership in Digital Asset Securities and in the Digitization of Private Capital Markets
Securitize, Inc. announced today that its Series B fundraising round was oversubscribed, with $48 million raised from new and existing investors. The convergence of venture capital and asset management signals a consensus on the future adoption of digital asset securities and this technology continuing to grow. The raise also comes before the anticipated launch of Securitize Markets, […]
Morgan Stanley Backs Blockchain With Investment in Securitize
Startup Securitize Inc., which is developing a blockchain platform for investors to buy and sell shares in closely held companies and other assets, gathered $48 million in a fundraising round co-led by Morgan Stanley.
Piauhy Labs announces its latest funding round led by Migration Capital
LISBON, Portugal, May 4, 2021 /PRNewswire/ — Piauhy Labs, one of Portugal’s leading biotech & medical cannabis firms has completed its latest funding round led by Migration Capital, a private investment company based in the Greater Boston Area. This investment represents one of the most important cannabis financing rounds in Portugal to date.
Alpha5, a new derivatives exchange launching this summer, and already backed by Polychain Capital, has secured a new round of funding led by industry incumbents FBG Capital, CMT Digital, Altonomy, SNZ Holding, Nima Capital, Migration Capital, and the Bollinger Investment Group as well as a followon investment from Polychain.