on The Cross Chain Coalition Web3 Demo Day on January 11, 2023. This free online event showcases pitches from 12 projects in the fastest growing industry in the world. Each startup has five minutes to pitch to an audience of influential investors and industry founders – just the kind of groundbreaking exposure every startup needs. … Read more
According to Grand View Research, the global sports betting market is expected to grow to $182.12 billion by 2030, up from $76.75 billion last year. So we see a number of startups crowding around this market. For example, HotStreak, a web3 platform for daily fantasy sports (DFS) matches, is betting that payment decentralization is an … Read more
VCs continue to bet big on legal tech. According to Crunchbase, companies have invested more than $1 billion in legal tech companies, up from $512 million invested last year. Contract management vendors have particularly benefited from the increase in contract workloads; contract teams at large organizations now manage an average of 19,000 contracts per year, … Read more
Bondaval, the London-based B2B insurance tech that gives credit teams the assurance that clients will meet their financial obligations, has raised $15 million in Series A funding led by Talis Capital. The round included participation from returning investors Octopus Ventures, Insurtech Gateway Ltd, Truesight and Expa, and new investors FJ Labs and Broadhaven Ventures. Tom … Read more
About 29% of Indonesia’s labor force works in the agricultural sector, but many smallholder farmers face challenges such as limited access to working capital. Eratani is an end-to-end management system that helps them obtain financing and supplies, then helps them sell crops as soon as they are ready. The startup announced today that it has … Read more
To get a roundup of ExamPaper’s biggest and most important stories delivered to your inbox every day at 3PM PDT, register here. Why, hello there, Crunchianistas! Today Haje waltzes through the house with a candle in hand to celebrate Saint Lucia. Frankly, not because he’s so excited about the traditional Scandinavian feast or the excitement … Read more
Multiple U.S. government agencies held a press conference on Tuesday afternoon about the charges against former FTX CEO Sam Bankman-Fried. When asked if the entities will bring charges against other individuals allegedly involved in the collapse of the FTX, Damian Williams, the U.S. Attorney for the Southern District of New York, said at the event: … Read more
Ray: ‘I don’t trust a single piece of paper in this organization’ Jacquelyn Melinek 18 hours The American House Financial Services Committee held a hearing on FTX’s collapse on Tuesday morningjust hours after the crypto exchange’s former CEO Sam Bankman-Fried was arrested in the Bahamas. Bankman-Fried was originally scheduled to testify at the hearing, a … Read more
Back in June, I predicted that this year we would see an increase in the number of startups acquiring other startups. At the time, the venture market was souring and a divide was beginning to emerge between startups with years of cash — companies that were also often overvalued — and those with little capital … Read more
News that former FTX CEO Sam Bankman-Fried was arrested yesterday in the Bahamas and set the technology world on fire. After the dramatic implosion of FTX’s crypto empire, which resulted in the loss of hundreds of millions of invested capital and billions in paper wealth, many in the larger crypto community were outraged that he … Read more