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Blockchain messaging protocol LayerZero raises $120M, hitting $3B valuation

  • Posted on April 4, 2023

Blockchain messaging protocol LayerZero raises $120M, hitting $3B valuation

LayerZero Labs, a web3 messaging protocol, has closed a $120 million Series B round, raising its valuation to $3 billion from $1 billion, the company said on Tuesday. Unlike Web 2.0 messaging platforms like WhatsApp

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  • Posted on April 4, 2023

Everstream, which applies big data to supply chain management, raises $50M

Just short of a year after raising $24 million from backers including DHL, Everstream Analytics, a company that provides predictive insights for physical supply chains, has secured a fresh round of funding.

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  • Posted on April 4, 2023

Erin Foster, Sara Foster form Oversubscribed Ventures to invest in consumer brands

Five years ago, entrepreneurs, sisters and Favorite Daughter clothing line co-founders Erin Foster and Sara Foster were helping people find their perfect professional and friend matches while co-leading creative for

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  • Posted on April 4, 2023

Strivacity, which helps companies build secure login flows, nabs $20M

Identity and access security issues are increasingly top of mind for companies. According to a recent Verizon survey, 61% of all breaches now involve credentials — whether they be stolen via social engineering or

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  • Posted on April 4, 2023

China probes Micron for cybersecurity risks, urges Japan to stay out of U.S. chip export curbs 

The U.S. and China chip battle continues to escalate. In China, the country’s cybersecurity watchdog has initiated a probe into U.S. memory chip maker Micron Technology, according to a statement from the Cyberspace

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  • Posted on April 4, 2023

Using complementary intelligence types to build stellar startup teams

Alan Clayton Contributor Share on Twitter Alan Clayton is a global roaming mentor at SOSV, executive coach, and a licensed consultant with the Herrmann Institute since 1997. I have spent ten years working at the

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  • Posted on April 4, 2023

Is Crowdfunding for Startups a Good Idea?

From paying attention to fees to balancing what works for you, here are 13 answers to the question, “Is crowdfunding for startups a good idea? Why or why not?” No, High Transaction Fees No, Too Many Lenders No,

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  • Posted on April 4, 2023

DFC invests $25M in Novastar’s Africa People + Planet Fund

The U.S International Development Finance Corporation (DFC) has made equity investment to the tune of $25 million in a new fund by Pan-African venture capital firm Novastar Ventures, to back founders building

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  • Posted on April 4, 2023

Amazon wants to boost ten generative AI startups around the globe

Amazon’s first foray into the world of accelerator programs, designed to help early-stage startups build and launch, was focused on conversational AI back in 2016. Now, seven years later, Amazon has another AI

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  • Posted on April 4, 2023

Shuttlers raises $4M to fuel its shared mobility solution across Nigeria

Shuttlers, a Nigerian shared mobility company that allows individual and corporate passengers to take rides on multiple bus routes via an app, has raised $4 million in a new funding round led by Verod-Kepple Africa

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