A Massive Storm has ruined Marathon’s Crypto Mining Capacity Marathon Digital Holdings — one of the leading cryptocurrency mining companies — said that 75% of its operations are currently without power because of a devastating storm that passed recently through the state of Montana. Some miners in that region are…

Nama Ventures invests in US-based IT startup Brev.dev Brev.dev, containers for development, announced that it has raised an undisclosed amount in pre-Seed funding round by ​Nama Ventures​. Brev.dev gives developers consistent development environments for each of their projects, similar to Docker but for development. With one command, have a ready…

Magnetic Insight Raises $17M in Series B Funding Magnetic Insight, an Alameda, Calif.-based imaging diagnostics company, raised $17m in Series B funding. The round was led by Celesta Capital, with participation from Alumni Ventures Group, Gaingels, and others, along with existing investors 5AM Ventures and Sand Hill Angels. The company…

Kins Raises $4M in Seed Funding Kins, a NYC-based hybrid-care physical therapy platform, raised $4m in seed funding. The round, which brought the total raised to date to $7.2m, was led by W Health Ventures, with participation from angels in the medical field. The joined existing shareholder Redesign Health. The…

Gucci Invests $25K in DAO of NFT Marketplace SuperRare to Start Digital Art Vault Italian high-end luxury brand Gucci is venturing further into Web3. The Florence-based company is buying into its first decentralized autonomous organization (DAO) via a new partnership with non-fungible token (NFT) marketplace, SuperRare. Gucci has acquired $25,000…

Amid the Uproar, Kune Gets Acquisition Proposal to Sustain the Business The closure of Kenya-based foodtech startup, Kune Food, which came as a surprise, has sparked loads of questions and concerns from many. Last year, Kune closed a $1 million pre-seed funding and this added to the reactions from many…

50% of Latin American Consumers Have Experience Transacting Crypto: Mastercard 51% of Latin American consumers have conducted at least one transaction with crypto assets, and over 33% of them have used stablecoins for everyday purchases, according to the latest survey conducted by digital payment giant Mastercard. Entitled “New Payments Index…

Post Script Media Raises $2M in Funding Post Script Media, a Boston, MA-based audio-first media company that produces new original podcasts at the intersection of climate change with business, technology, politics, culture, and more, raised $2m raised in seed funding. The round was led by Prelude Ventures. The company intends…

Prime Trust Raises Over $100M in Series B Funding Prime Trust, a Las Vegas, Nevada-based provider of financial infrastructure for fintech and digital asset innovators, raised over $100m in its Series B funding round. Backers included FIS Impact Ventures, Fin Capital, Mercato Partners, Kraken Ventures, Commerce Ventures, William Blair &…