Japan’s SBI leads $68M Fasset round at $1B valuation
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Stablecoin payments firm dtcpay closes $25M round with SBI backing
Dtcpay plans to expand its merchant network and payment products after completing a $25 million Series A backed by Japan’s SBI Group.
Google and RWE back Proxima Fusion in a €411 million funding round
Munich-based magnetic confinement fusion startup Proxima Fusion announced on Tuesday that it has raised €411 million ($469.69 million) in a funding round from investors including Alphabet's Google and German utility RWE. The company stated that the round was led by XTX Ventures and East X Ventures, with RWE and Google participating as strategic investors. The company added that this funding round values Proxima Fusion at €2.4 billion ($2.7 billion). (Sina Finance)
EDX Markets completes $76 million Series C funding round
According to Foresight News , Citadel-backed cryptocurrency exchange EDX Markets has completed a $76 million Series C funding round, led by SBI Holdings. This funding will support EDX's continued growth, enabling it to expand its trading, clearing, and settlement capabilities, accelerate product development, and scale its global operations.
Kuailin Optoelectronics completes a multi-million RMB angel round of financing, driving the mass production of ultra-high-speed optical detection chips.
Mars Finance reported on July 7th that Kuailin Optoelectronics completed a multi-million RMB angel round of financing in June. This round was led by Xiaomiao Langcheng, with Yicun Capital participating. The funds raised will be used for the company's R&D iteration of ultra-high-speed optical detection chips, promoting the mass production of domestically produced single-wavelength 200G/400G PD chips, and attracting high-end talent. (Jiemian)
Nasdaq Is Investing $100 Million In Kraken Parent Payward At $21 Billion VALUATION-BLOOMBERG News - Rtrs
TreeNews News, Nasdaq is Investing $100 Million in Kraken Parent Payward at $21 Billion VALUATION-BLOOMBERG News - Rtrs
Siasun Robot & Automation Co., Ltd. completes A+ round financing of hundreds of millions of yuan.
According to Mars Finance, Siasun Robot & Automation Co., Ltd. announced the completion of its Series A+ equity financing round, raising hundreds of millions of yuan. The round was jointly led by Hongtai Fund and CDH Investments, with participation from well-known capital firms such as China Chengtong Fund, Dazhong Juding, and Guangzhou Suyuan. Existing shareholder Dongjun Capital also increased its investment.