Author: sis637829
Valkyrie, the virtual currency asset supervisor probably most famous for launching one of the only S EC-approved bitcoin futures ETFs in the United States, is expanding into a new asset category, venture capital. Valkyrie Investments is a specialized alternate solution portfolio management firm located at the crossroads of conventional banking and the burgeoning virtual currency sector. The firm’s goal is to build and handle portfolios and goods, which include digital content and other colonial investments. Recent News Llus Pedragosa, an entrepreneur, was hired in April and has also been discreetly preparing to lead Valkyrie Enterprises, the firm’s new endeavor capital…
Solugen, a self-sustaining chemicals business that received more than $350 million last year, has secured another $200 million to begin construction of its next plants and penetrate new markets. Solugen is a carbon-negative molecular factory that swaps petroleum-based goods with plant-derived alternatives. They integrate fermented and petrochemical processes ingredients to build the carbon neutral molecule production technology. They manufacture compounds from bio-based fuel sources and are based on technological advances in bioengineering, metal catalyst design, and flexible plant architecture. Clean water, recycled content, safer food, and healthy personal hygiene will all be addressed through its solutions. Funding Details Kennivik, Lower…
Open, a neo-banking network for SMEs, has received Rs 735 crore ($100 million) in a Series C investment. Open is a neo-banking solution for SMEs and entrepreneurs that helps them to effectively navigate their funds. Open creates and provides an internet transactions and intercompany payment platform. It provides digital banking services for entrepreneurs and small and medium-sized businesses, including a bank account with facilities for accounting, invoicing, money transfer, and credit access. Funding Details Temasek funded the $100 million Series C round, which also included Google. Tiger Global, 3one4 Capital, and SBI Investment were also present. As per reports, the…