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Coinbase's Investment Arm Finances Six Onchain Projects, Promotes Innovation
Friday, September 8, 2023 - 9:48am | 457Coinbase Ventures announced an initial round of investments into six projects from the Base Ecosystem Fund, including Avantis, BSX, Onboard, OpenCover, Paragraph, and Truflation. The investment amounts remain undisclosed. Coinbase Ventures, the venture capital arm of Coinbase (NASDAQ: COIN), aims...
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Neuberger Berman's $1B Investment In Wayflyer Set To Transform E-commerce Lending
Wednesday, September 6, 2023 - 2:09pm | 481E-commerce revenue-based finance provider, Wayflyer announced that it has signed a $1 billion funding deal with investment firm, Neuberger Berman (NYSE: NBXG). The funding, which is an off-balance sheet (OBS) program, will support Wayflyer’s growth and expand its financing solutions. Wayflyer...
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Cannabis Retail Giant Announces C$30M ATM Offering, Replacing Previous ATM Program
Friday, September 1, 2023 - 9:37am | 568Editors note: a prior version of this article incorrectly indicated that High Tide Inc had secured CA$30 million in financing via an at-the-market equity offering program. While the program has been established, the company hasn't issued new shares or raised any additional money yet. The...
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Capitalizing On Cannabis While Investors Are Scarce: This Co. Raises Over $10M In Funding
Friday, August 25, 2023 - 8:28am | 612Cannabis cultivation and retail company Glass House Brands Inc. (NEO: GLAS.A.U) (NEO: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF) has completed the first tranche of its $15 million Series D preferred stock offering. What Happened The Long Beach, California-base company said on Thursday that it had...
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Amid Crypto Gloom, Data Provider Kaiko Raises $53 Million
Tuesday, June 28, 2022 - 12:43pm | 300Amid bearish market sentiments, crypto data provider Kaiko announced on Tuesday it has raised $53 million in a Series B funding round to further consolidate its position globally and strengthen its institutional data products and infrastructure. The round was led by Eight Roads, with...
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Coinbase Invests In Cryptocurrency Exchange Zipmex As Opposed To Outright Acquisition
Thursday, June 9, 2022 - 11:21am | 229Coinbase (NASDAQ: COIN) is backing Zipmex, a cryptocurrency exchange based in South East Asia. The strategic investment values Zipmex at $400 million. What Happened: According to The Block, Coinbase was considering an outright acquisition at first. Instead, it took part in Zipmex’s...
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Cannabis In Cancer Treatment: Feds To Fund New Research In These Areas Of Interest
Monday, May 9, 2022 - 1:54pm | 984In cancer patients, cannabinoids have primarily been used as a part of palliative care to help alleviate pain, reduce inflammation, relieve nausea and stimulate appetite. However, with the field evolving rapidly over the past years, thanks to both legislative efforts and push from marijuana...
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Trees Secures Funding For Acquisition Of Camp Cannabis Retail Stores In Ontario, Closes Private Placement Of Shares
Monday, May 9, 2022 - 8:52am | 273Trees Corporation (NEO: TREE) has closed a non-brokered private placement of its 34.17 million at $0.03 per unit for gross proceeds of approximately $1.03 million. Under the private placement, each unit is comprised of one common share and one-half of one common share purchase warrant of the...
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Cannabis Wellness Co. Jointly Raises $5M In Seed Funding
Thursday, March 17, 2022 - 10:59am | 318Cannabis wellness company Jointly has completed a $5 million round of seed funding to deliver on its goal of helping people discover the benefits of purposeful cannabis consumption. This first round of outside financing was raised via the sale of convertible promissory notes to private investors....
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Verano Draws $100M To Fuel Strategic Growth Initiatives, Up To Additional $175M Funding Available
Wednesday, March 2, 2022 - 9:42am | 307Vertically integrated cannabis company Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) has drawn an additional $100 million under its existing credit agreement pursuant to the fourth amendment to such credit agreement, at a non-dilutive interest rate of 8.50%. The funding follows a...
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Slope Finance Announces $2.3 Million Seed Round Backed By Alameda Research, Solana Capital, Etc.
Monday, August 23, 2021 - 10:18am | 527The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Slope Finance, a community-based decentralized exchange built on Solana, has announced that it has recently raised $2.3 million in seed...
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Top VCs Fund $100M Series B Round In Headless Commerce Platform Fabric
Tuesday, July 20, 2021 - 4:14pm | 894Headless commerce platform Fabric on Tuesday announced the closing of a $100 million Series B funding round led by Stripes, with additional participation from B Capital Group, Greycroft, and existing investors including Norwest Venture Partners, Redpoint Ventures, and Sierra Ventures. "Trillions...
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Report: Hai Robotics Seeking $150M Investment At $1.3B Valuation
Wednesday, July 7, 2021 - 2:01pm | 790The hot warehouse automation trend is continuing, with more investor money flowing into the space and a possible new unicorn on the horizon. Hai Robotics, a Chinese company that recently expanded into the U.S., is reportedly working on a $150 million fundraising round that would place the pre-...
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Funding For Startups: Pros & Cons Of 6 Common Financing Options
Friday, July 2, 2021 - 1:33pm | 4042By William Stringer, CEO and Co-Founder of Chisos Capital As a founder starting or growing a business, you know access to capital is crucial for growth - especially if you can’t fund the business yourself. You have several options for funding your startup: money from family/...
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Zipline's Drone Delivery Of Pharmaceuticals Earns $2.75B Valuation
Thursday, July 1, 2021 - 12:37pm | 775The supply chain fantasy is the ability to deliver directly to every person anywhere in the world. Drone manufacturer Zipline wants to make that dream a reality and Thursday announced its $250 million in new funding led by Baillie Gifford with participation from past investors Temasek and Katalyst...