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STARTUPS

Henadz AliashukHenadz Aliashuk – a specialist in the creation, implementation and development of business models in the IT-sphere

STARTUPS

Electric Hydrogen raised $198 million

Electric Hydrogen received funds to develop an electrolysis plant The startup Electric Hydrogen held a financing round that raised $198 million. Investors included funds from such major companies as Amazon, Silicon Valley Bank, and Equinor. In addition to them, well-known representatives of business, including Mitsubishi Heavy Industries, invested in the project. The corporations' attention was…

24.10.20220Comments

ByPress secretary

STARTUPS

Swvl increased the number of customers in Egypt and Pakistan amid higher prices for raw materials

Swvl fears the impact of inflation on business The record increase in energy prices has been disastrous for many companies in various fields. However, in addition to producers and suppliers of raw materials, the crisis on the market also played into the hands of other businesses. Among the lucky ones was the Dubai-based company Swvl,…

10.10.20220Comments

ByPress secretary

STARTUPS

American company Astroforge wants to mine fossils in space

Startup Astroforge received investment to develop its idea Astroforge, a startup from the United States that is developing the idea of mining materials in space, received $13 million in investments. The company plans to start working on asteroids. According to one of Astroforge's founders, this money should be enough for several missions. In addition, a…

26.09.20220Comments

ByPress secretary

STARTUPS

Lonestar Data Holdings wants to send databases to the Moon

Lonestar Data Holdings is developing a project to send data centers to the Moon Lonestar Data Holdings has announced ambitious plans. It wants to create data processing centers outside the planet Earth - on the Moon. The startup intends to place objects inside lava cavities on the surface of the Moon, their structure allows it. …

12.09.20220Comments

ByPress secretary

STARTUPS

MoonPay service received investment from celebrities

Fintech MoonPay held another round of funding The fintech company MoonPay had another round of financing with excellent results. It managed to raise almost $86.7 million, and before that, the amount of investment was $555 million. MoonPay is a service through which you can conduct operations with cryptocurrency. There is a wide range of payment…

29.08.20220Comments

ByPress secretary

STARTUPS

Startup funding in the MENA region has doubled

Startup funding grows in the Middle East and North Africa Experts analyzed the technology market in the Middle East and North Africa regions. According to the results, startup funding more than doubled to $864 million in the last quarter. Such data suggest that the regional economies continue to recover, despite the emerging challenges. Investors have…

15.08.20220Comments

ByPress secretary

STARTUPS

AR glasses company Nreal received funding from Chinese IT giants

Alibaba Corporation invested in AR-device manufacturer Nreal Chinese tech giant Alibaba announced an investment in augmented reality glasses company Nreal. Nreal raised $60 million in a Series C+ financing round. In addition to Alibaba, Tencent and ByteDance invested in the company. This interest in AR technology is due to the active development of meta universes.…

01.08.20220Comments

ByPress secretary

STARTUPS

Startups in India: examples of promising technology companies

Which Indian startups are of interest to investors: an overview of projects In terms of the number of companies with short operating cycles in the world, startups in India are in the third position, trailing only American and Chinese companies. There are more than 26,000 firms in the country, of which about 100 have achieved…

18.07.20220Comments

ByPress secretary

STARTUPS

U.S. startup NachoNacho received $3 million in investment

NachoNacho platform for SaaS solutions held a seed round Ukrainian investment fund Flyer One Ventures, which is part of the Genesis group, took part in the financing round of the American startup NachoNacho. The latter is engaged in the development of a platform for SaaS solutions. NachoNacho raised $3 million in the round, led by…

04.07.20220Comments

ByPress secretary

STARTUPS

Rain Neuromorphics received funds to develop a unique chip

Rain Neuromorphics microchips that mimic brain function The startup Rain Neuromorphics received $25 million in funding, led by Prosperity 7 Ventures and Aramco Ventures. The startup develops microchips that mimic the brain. Rain's products are useful to businesses that use algorithms based on artificial intelligence. The company plans to use the investment to hire more…

20.06.20220Comments

ByPress secretary

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