Digest: top venture news of the past day
💻 Silo AI, a Finnish startup building and training AI models, was acquired by AMD for $665M.
🛡 Helsing, a startup that uses AI to predict threats and improve the defense capabilities of European countries, has raised $487M.
🤖 Skild AI, a company developing AI-powered industrial robots, has raised $300M.
🩺 Regard, a startup building an AI system to help therapists diagnose patients, has raised $61M.
📊 Soda Data, a startup that has developed an AI-powered platform for data collection, storage, processing and quality assurance, has raised $14M.
#fuji_venture #digest
💻 Silo AI, a Finnish startup building and training AI models, was acquired by AMD for $665M.
🛡 Helsing, a startup that uses AI to predict threats and improve the defense capabilities of European countries, has raised $487M.
🤖 Skild AI, a company developing AI-powered industrial robots, has raised $300M.
🩺 Regard, a startup building an AI system to help therapists diagnose patients, has raised $61M.
📊 Soda Data, a startup that has developed an AI-powered platform for data collection, storage, processing and quality assurance, has raised $14M.
#fuji_venture #digest
Proceeds in spot bitcoin-ETFs
On July 10, inflows into spot bitcoin-ETFs reached $147.4 million, continuing the positive trend for the fourth consecutive day, bringing total investments to $801.7 million for the period. Leading the gains were FBTC from Fidelity ($57.79 million), EZBC from Franklin Templeton ($31.66 million), IBIT from BlackRock ($22.24 million), and BRRRR from Valkyrie Digital Assets ($20.68 million).
At the same time, clients withdrew $8.15 million from GBTC from Grayscale. Cumulative inflows since January totaled $15.42 billion, despite the market correction caused by bitcoin sales by German authorities and the distribution of coins to Mt.Gox customers.
Analysts continue to debate bitcoin's prospects, with 10x Research predicting a possible drop to $50,000, while tech analyst Peter Brandt doesn't rule out a drop to $44,000. However, Standard Chartered remains optimistic, predicting bitcoin's return to all-time highs in August and a possible rise to $100,000 by November.
#fuji_venture #digest
On July 10, inflows into spot bitcoin-ETFs reached $147.4 million, continuing the positive trend for the fourth consecutive day, bringing total investments to $801.7 million for the period. Leading the gains were FBTC from Fidelity ($57.79 million), EZBC from Franklin Templeton ($31.66 million), IBIT from BlackRock ($22.24 million), and BRRRR from Valkyrie Digital Assets ($20.68 million).
At the same time, clients withdrew $8.15 million from GBTC from Grayscale. Cumulative inflows since January totaled $15.42 billion, despite the market correction caused by bitcoin sales by German authorities and the distribution of coins to Mt.Gox customers.
Analysts continue to debate bitcoin's prospects, with 10x Research predicting a possible drop to $50,000, while tech analyst Peter Brandt doesn't rule out a drop to $44,000. However, Standard Chartered remains optimistic, predicting bitcoin's return to all-time highs in August and a possible rise to $100,000 by November.
#fuji_venture #digest
Digest: top venture news of the past day
🔐 Cybereason, a cybersecurity startup, has raised $100M from SoftBank.
💸 Partior, a Singapore-based startup developing a blockchain-based international money transfer system, has raised $60M.
💡 Pactum, a startup that has developed a generative AI system to help large companies negotiate with suppliers, has raised $20M.
🌐 JigSpace, a startup that has developed an AR platform and app for Apple Vision Pro, has raised $13M.
🗺 Byway, a UK-based travel planning platform, has attracted £5M.
#fuji_venture #digest
🔐 Cybereason, a cybersecurity startup, has raised $100M from SoftBank.
💸 Partior, a Singapore-based startup developing a blockchain-based international money transfer system, has raised $60M.
💡 Pactum, a startup that has developed a generative AI system to help large companies negotiate with suppliers, has raised $20M.
🌐 JigSpace, a startup that has developed an AR platform and app for Apple Vision Pro, has raised $13M.
🗺 Byway, a UK-based travel planning platform, has attracted £5M.
#fuji_venture #digest
Bitcoin A Legitimate Financial Instrument
BlackRock CEO Larry Fink said on CNBC that bitcoin is a legitimate financial instrument to invest in during times of heightened fear. He admitted that he used to be a skeptic, but has studied bitcoin and now considers it an important investment opportunity outside of any country's control.
Fink also noted that despite possible abuses, bitcoin provides uncorrelated returns. BlackRock is an exchange-traded fund issuer based on the spot price of bitcoin, and BlackRock's IBIT reached AUM of $19.68 billion, outperforming Grayscale.
BlackRock's assets under management totaled $10.6 trillion in the second quarter, up 13% year-over-year, thanks in part to inflows into ETFs. Fink also noted surprising retail investor interest in the company's bitcoin ETFs.
#fuji_venture #digest
BlackRock CEO Larry Fink said on CNBC that bitcoin is a legitimate financial instrument to invest in during times of heightened fear. He admitted that he used to be a skeptic, but has studied bitcoin and now considers it an important investment opportunity outside of any country's control.
Fink also noted that despite possible abuses, bitcoin provides uncorrelated returns. BlackRock is an exchange-traded fund issuer based on the spot price of bitcoin, and BlackRock's IBIT reached AUM of $19.68 billion, outperforming Grayscale.
BlackRock's assets under management totaled $10.6 trillion in the second quarter, up 13% year-over-year, thanks in part to inflows into ETFs. Fink also noted surprising retail investor interest in the company's bitcoin ETFs.
#fuji_venture #digest
Digest: top venture news of the past day
💻 Anysphere, a startup that creates AI tools to simplify software development, has raised at least $400M.
🥗 Foodsmart, a US-based foodtech platform offering nutritionist and healthy food delivery services, has raised $200M.
🏠 Lhoopa, developers of a Singapore-based accommodation search platform, has attracted $80M.
🎥 Captions, a startup building an AI-powered platform for creating and editing videos, has raised $60M.
🫀 Octagos Health, a startup developing an Atlas AI operating system for pacemakers, defibrillators and heart activity monitors, has attracted $43M.
#fuji_venture #digest
💻 Anysphere, a startup that creates AI tools to simplify software development, has raised at least $400M.
🥗 Foodsmart, a US-based foodtech platform offering nutritionist and healthy food delivery services, has raised $200M.
🏠 Lhoopa, developers of a Singapore-based accommodation search platform, has attracted $80M.
🎥 Captions, a startup building an AI-powered platform for creating and editing videos, has raised $60M.
🫀 Octagos Health, a startup developing an Atlas AI operating system for pacemakers, defibrillators and heart activity monitors, has attracted $43M.
#fuji_venture #digest
Mt. Gox Transfers 91,000 BTC Panicking the Market
Bankrupt exchange Mt. Gox transferred 47,229 BTC ($2.99 billion) and 48,641 BTC ($3.1 billion) to unidentified addresses, according to Arkham data. U.S. exchange Kraken was one of the big recipients of lenders' assets, including bitcoin and Bitcoin Cash. The moves caused panic in the market, and bitcoin fell below $63,000.
In total, Mt. Gox will distribute 138,985 BTC worth ~$8.74 billion. Analysts speculate that the sales of these assets could put pressure on the market, but some believe the concerns are exaggerated.
Amid the movement of coins by the exchange, the bitcoin price broke through the $63,000 level. A similar scenario was seen in late June, when the Mt. Gox trustee announced the start of compensation payments.
#fuji_venture #digest
Bankrupt exchange Mt. Gox transferred 47,229 BTC ($2.99 billion) and 48,641 BTC ($3.1 billion) to unidentified addresses, according to Arkham data. U.S. exchange Kraken was one of the big recipients of lenders' assets, including bitcoin and Bitcoin Cash. The moves caused panic in the market, and bitcoin fell below $63,000.
In total, Mt. Gox will distribute 138,985 BTC worth ~$8.74 billion. Analysts speculate that the sales of these assets could put pressure on the market, but some believe the concerns are exaggerated.
Amid the movement of coins by the exchange, the bitcoin price broke through the $63,000 level. A similar scenario was seen in late June, when the Mt. Gox trustee announced the start of compensation payments.
#fuji_venture #digest
Digest: top venture news of the past day
🌿 Cardurion Pharmaceuticals has raised $260M to develop innovative ways to diagnose and treat cardiovascular disease.
🚙 OCN, a Mexican car rental platform, has raised $86M.
🩺 Huma, a healthcare startup, has raised $80M to create wearable devices that monitor the health of patients and clinical trial participants.
🔋 DreamBig Semiconductor, a company that creates processors for AI tasks, secured $75M in funding.
🔎 Exa has raised $17M for its platform that searches the internet for data to train artificial intelligence.
👓 PulseMedica, a developer of robotic laser equipment for eye surgeries, has raised $12M.
💻 Mira, a startup that supports developers in integrating AI functionality into their apps and services, has raised $9M.
📊 Multipl, an Indian app for investing savings in securities, has attracted $1.5M.
#fuji_venture #digest
🌿 Cardurion Pharmaceuticals has raised $260M to develop innovative ways to diagnose and treat cardiovascular disease.
🚙 OCN, a Mexican car rental platform, has raised $86M.
🩺 Huma, a healthcare startup, has raised $80M to create wearable devices that monitor the health of patients and clinical trial participants.
🔋 DreamBig Semiconductor, a company that creates processors for AI tasks, secured $75M in funding.
🔎 Exa has raised $17M for its platform that searches the internet for data to train artificial intelligence.
👓 PulseMedica, a developer of robotic laser equipment for eye surgeries, has raised $12M.
💻 Mira, a startup that supports developers in integrating AI functionality into their apps and services, has raised $9M.
📊 Multipl, an Indian app for investing savings in securities, has attracted $1.5M.
#fuji_venture #digest
Analysts Consider Impact of BTC Sales by German Government and Mt. Gox
The bitcoin market recently "absorbed" 48,000 BTC sold by the German government and is expecting a new wave of sales from Mt. Gox clients. Glassnode analysts looked at these factors and the role of ETFs.
Bitcoin miners have accumulated about 4.9 million BTC, representing 25% of the available supply. Of that, 3 million BTC is held on centralized exchanges, 887,000 BTC is held by ETF custodians in the U.S., and 139,000 BTC is held by the Mt. Gox trustee.
Sales by miners, the German government and ETFs have put significant pressure on the market. Between July and mid-July, German authorities sold 50,000 BTC, which has impacted the bitcoin price decline. Analysts note that net flows from ETFs and to centralized exchanges can fluctuate significantly, having a greater impact on the market compared to miners.
#fuji_venture #digest
The bitcoin market recently "absorbed" 48,000 BTC sold by the German government and is expecting a new wave of sales from Mt. Gox clients. Glassnode analysts looked at these factors and the role of ETFs.
Bitcoin miners have accumulated about 4.9 million BTC, representing 25% of the available supply. Of that, 3 million BTC is held on centralized exchanges, 887,000 BTC is held by ETF custodians in the U.S., and 139,000 BTC is held by the Mt. Gox trustee.
Sales by miners, the German government and ETFs have put significant pressure on the market. Between July and mid-July, German authorities sold 50,000 BTC, which has impacted the bitcoin price decline. Analysts note that net flows from ETFs and to centralized exchanges can fluctuate significantly, having a greater impact on the market compared to miners.
#fuji_venture #digest
Digest: top venture news of the past day
🔬 Nearfield Instruments, a startup developing wafer inspection technology, has raised $147.6M.
🧩 World Labs has raised $100M for its AI system that can "think" like a human.
📱 Kandji, a platform for managing Apple's fleets of technology in an enterprise environment, has raised $100M in funding.
#fuji_venture #digest
🔬 Nearfield Instruments, a startup developing wafer inspection technology, has raised $147.6M.
🧩 World Labs has raised $100M for its AI system that can "think" like a human.
📱 Kandji, a platform for managing Apple's fleets of technology in an enterprise environment, has raised $100M in funding.
#fuji_venture #digest
Crosschain Bridge for Bitcoins on The Open Network launched
The TON Foundation organization announced the launch of the TON Teleport BTC crosschain bridge to transfer bitcoins to The Open Network (TON) blockchain. This solution will engage bitcoin holders in DeFi activity, allowing them to interact with decentralized exchanges and lending platforms on TON.
TON's technical lead Anatoly Makosov explained that all transactions are executed by smart contracts and verified by validators, ensuring security and convenience. TON Teleport BTC is expected to launch later this year.
At the moment, the total value of blocked assets in the TON network is $744 million, and Toncoin's capitalization exceeds $18.2 billion.
#fuji_venture #digest
The TON Foundation organization announced the launch of the TON Teleport BTC crosschain bridge to transfer bitcoins to The Open Network (TON) blockchain. This solution will engage bitcoin holders in DeFi activity, allowing them to interact with decentralized exchanges and lending platforms on TON.
TON's technical lead Anatoly Makosov explained that all transactions are executed by smart contracts and verified by validators, ensuring security and convenience. TON Teleport BTC is expected to launch later this year.
At the moment, the total value of blocked assets in the TON network is $744 million, and Toncoin's capitalization exceeds $18.2 billion.
#fuji_venture #digest