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A new DeFi coin presale on DTX Exchange, priced at $0.12, is attracting significant interest from Chainlink and Ethereum whales, highlighting its strong growth potential. The platform offers 120,000 asset options and a no-KYC policy, enhancing user privacy and trading experience. With over $9.4 million raised in presale, analysts predict substantial profits for early investors as the market rallies.
Fertility startup Kindbody is exploring a potential sale after a funding round fell through, while seeking to raise $10 million to maintain operations. The company has received takeover proposals and is looking for bridge financing from both new and existing investors.
India has surpassed China in attracting clean technology investments, completing deals worth approximately $2.4 billion in the third quarter. This figure is more than four times that of China and ranks second globally, following the United States, as the country enhances its domestic green manufacturing efforts.
Zopa Bank Ltd. has successfully raised €82 million ($86.6 million) to support the launch of its current accounts in the upcoming year. The funding round was led by A.P. Moller Holding A/S, with participation from existing investors including IAG Silverstripe and Augmentum Fintech. Zopa maintains its status as a $1 billion unicorn, although its valuation remains undisclosed.
Elyse Energy, a French clean-tech startup, has secured approximately €120 million ($126 million) to develop green fuels for the chemicals, shipping, and aviation sectors. The funding includes an equity investment from the Hy24 infrastructure fund, which is acquiring a minority stake, along with sales of convertible bonds. This investment will support the production of renewable methanol and biokerosene for aviation.
Investors are eager for UK startup shares, with $50 million in unfilled orders for Klarna stock and Revolut employees waiting months to cash in over $500 million in holdings. Monzo also has a significant potential order book for its equity, highlighting a growing interest in secondary sales amid a stagnant IPO market.
Planify has launched the VentureX Fund, a pioneering alternative investment fund focused on small and medium enterprises (SMEs) with a total size of Rs 1,000 crore. The fund aims to identify high-potential SMEs in emerging markets, offering investors a minimum investment of Rs 1 crore and a strategic capital deployment plan over 2.5 years, including participation in SME IPOs and secondary market acquisitions. Led by experienced professionals, the fund seeks to unlock significant growth opportunities within the SME sector.
Chinese billionaire Yi Zheng, founder of the RoyalFlush trading app, has seen his wealth increase by $6 billion since the country's stimulus measures began in September. His company, Hithink RoyalFlush Information Network Co., is experiencing its best share performance in five years, driven by a surge in mainland stock trading.
Robinhood CEO Vlad Tenev announced the company's interest in expanding into sports betting, highlighting its significance to customers and culture. He suggested that this expansion could involve event contracts, similar to those launched before the presidential election. Following his remarks, shares of major sports betting companies experienced modest fluctuations, while Robinhood's stock rose by 3.5%.
Home of Fight, a rapidly growing combat sports media platform, has completed a Series A funding round led by new CEO Matty Betss, with investments from Growth Box Ventures and notable UFC stars. The company has nearly doubled its social media following to over one million and plans to enhance content production, expand UFC event coverage, and develop new programming formats, including the "Show Me The Money Podcast" co-hosted by UFC veterans Gilbert Burns and Renato Moicano. With a focus on authentic and comprehensive MMA coverage, Home of Fight aims to redefine sports media for fans.
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