Crypto Lender Genesis Lays Off 30% of Its Staff
The employee layoffs come only a day after the company announced it will be “cutting expenses and driving efficiencies” in the midst of a difficult market for cryptocurrency startups.
Silicon Valley Journals
SpaceX raising $750 million at a $137 billion valuation
SpaceX is raising $750 million in a new round of funding that values the company at $137 billion, according to correspondence viewed by CNBC.
Andreessen Horowitz, also known as a16z, is said to be a lead investor in the new funding round.
Amazon Layoffs 18,000 Jobs To Expands Corporate
Amazon plans to eliminate 18,000 corporate and technology jobs in a significant expansion of its cost-cutting plans, the company’s chief executive, Andy Jassy, said in an email to employees on Wednesday. The company previously planned to lay off roughly 10,000 employees late last year and early this year, The New York Times reported in mid-November. The first layoffs were … Read more
Herself Health Raises $7M in Funding
Herself Health, a new healthcare technology firm aimed at providing advanced primary care to women over the age of 65, announced the opening of its first clinic today. Juxtapose, the company’s founding partner, led the $7MM Seed round fundraising. Mindy Grossman, former President and CEO of WW (previously Weight Watchers) and current partner at the … Read more
MSafe Raises $5 Million Seed
MSafe, a pioneer in establishing the first multi-signature wallet solution on the Aptos / Move ecosystem, has completed a $5 million seed funding. Jump Crypto led this round of funding, which included participation from Circle Ventures, Coinbase Ventures, Superscrypt (established by Temasek), Redpoint Ventures, SV Angel, Shima Capital, Spartan Group, and others. MSafe has gained … Read more
Forj Secures $15M Funding
Forj, a purpose-built experience platform for communities of practice, has announced a Series A funding round as well as a merger with Web Courseworks, a leading Learning Management System. The two industry leaders will work together as a single business under the Forj brand. Plymouth Growth led the transaction, which was supported by existing Forj … Read more
Caban Systems Raises $51M Series B
Caban Systems has raised $51 million to pursue its global expansion strategy. BCP Ventures led the Series B investment, including participation from Ontario Power Generation Pension Fund, Ember Infrastructure, Portfolia, and Inspiration Ventures. Caban provides comprehensive energy solutions that help to decarbonize and upgrade essential infrastructure. The company situated in the United States has pioneered … Read more
KeyCare Completes $27M Series A Investment Round to Expand Adoption
KeyCare, the nation’s only virtual-first care platform developed with Epic, announced today the completion of its Series A funding round, which included fresh investments from Ziegler and two other health systems. This additional funding raises KeyCare’s total Series A funding to more than $27 million. These investors join 8VC, LRVHealth, Bold Capital, and Spectrum Health … Read more
Integris acquires CalTech to establish banking network
With CalTech, Integris now has more than 20 offices in 10 states.
Olympic Steel Acquires Metal-Fab to Diversify
Olympic Steel Inc. (ZEUS Instant Quote) ZEUS – announced the acquisition of Metal-Fab, Inc., a maker of venting and filtering products. Olympic Steel’s ambition to diversify and grow in higher-return goods and services will benefit from the acquisition. ZEUS will increase its product options, production capabilities, and geographic reach as a result of the acquisition. … Read more