Venture Capital: Alterra, A $30B UAE Climate Fund, To Partner With BlackRock,...
Lunate Capital, based in the UAE, is partnering with global asset managers to create a $30 billion climate fund named Alterra, as announced at the COP28 summit in Dubai. Managed by Lunate and funded by...
View ArticleDigital Assets: Bitcoin Mining Company Phoenix Group Makes Impressive Listing...
Cryptocurrency mining firm Phoenix Group (ADX: PHX) has achieved a significant milestone by debuting trading on the Abu Dhabi Securities Exchange, marking one of the Middle East's initial publicly...
View ArticleArtificial Intelligence: xAI, The Musk-Owned AI Startup, To Raise $1B
Elon Musk's artificial intelligence startup, xAI, aims to secure $1 billion in equity financing to compete with industry leaders such as OpenAI, Microsoft, and Google. The company, co-founded by Musk,...
View ArticleVenture Capital: HUGO BOSS Invests In Sustainability-Focused Fashion Venture...
HUGO BOSS has reinforced its commitment to sustainability by becoming the inaugural investor in Collateral Good Ventures Fashion I, a climate-centric venture capital fund aimed at expediting...
View ArticleFinTech: Trade Republic, The German Fintech Heavyweight, Wins EU Banking Licence
Berlin-based neobroker Trade Republic has secured a full banking license from the European Central Bank, marking a significant milestone for the fintech. This license empowers Trade Republic to both...
View ArticleDigital Assets: Nubank Partners With Circle For Brazilians’ Access To USDC,...
Circle and Nubank (NYSE: NU) have joined forces to broaden access to the digital dollar in Brazil. This collaboration aims to introduce USDC, Circle's regulated dollar stablecoin, to Nubank's extensive...
View ArticleVenture Capital: Revaia, Europe’s Biggest Female-Led VC Firm, Racks Up $160M...
Revaia, Europe's largest female-founded venture capital firm, has successfully raised €150 million ($160 million) for its second fund, Revaia Growth II. The funding was secured from sovereign wealth...
View ArticleFinTech: Samsung Electronics Ties With Mastercard’s Wallet Express
Samsung Electronics (KRX: 005930) and Mastercard (NYSE: MA) have partnered to launch the Wallet Express program, offering banks and card issuers a cost-effective way to expand digital wallet offerings....
View ArticleDigital Assets: Robinhood Debuts Crypto Trading On Its App In The EU
Robinhood (NASDAQ: HOOD) has launched its Crypto app in the European Union (EU), allowing eligible customers to engage in crypto trading with the added incentive of earning Bitcoin rewards. Customers...
View ArticleArtificial Intelligence: AMD Takes On Rivals In The AI Chip Sweepstakes
Chipmaker AMD (NASDAQ: AMD) has unveiled a range of innovative AI solutions spanning from data centers to personal computers. The AMD Instinct MI300 Series features data center AI accelerators, while...
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