Fhenix, an Israeli startup focused on building a privacy-centric blockchain platform, has announced a major upgrade to its testnet, Nitrogen. The update introduces enhanced decryption capabilities and features designed to improve decentralization, usability, and performance. As an Ethereum Layer 2 […]
Ramat Gan, Israel, 20th November 2024, Chainwire
Odoo, a Belgian startup taking on SAP in enterprise software, has raised its valuation to €5 billion ($5.3 billion) following a secondary share sale led by Alphabet’s venture fund, CapitalG, and Sequoia Capital. With more than 5 million users globally, […]
Grand Cayman, Cayman Islands, 20th November 2024, Chainwire
SpaceX conducted the sixth test flight of its Starship rocket on Tuesday, marking its fourth mission of the year. The uncrewed launch took off from SpaceX’s Starbase facility near Brownsville, Texas, as part of the company’s ongoing efforts to refine […]
The race to dominate Google’s search results has driven some companies, both large and small, to adopt questionable tactics like Parasite SEO—an unethical practice where websites leverage the authority of reputable domains to rank for competitive keywords. However, Google is […]
Enfabrica, a Silicon Valley startup founded by former executives from Alphabet’s Google and Broadcom, announced on Tuesday that it has raised $115 million in funding. The company plans to launch its newest chip early next year, aiming to solve critical […]
Robinhood Markets, the parent company of the popular trading app Robinhood, is set to acquire portfolio management platform TradePMR in a cash-and-stock deal valued at approximately $300 million, the companies announced on Tuesday. The acquisition marks Robinhood’s latest move to expand […]
It’s 2024, and Americans are spending a staggering $546 billion annually just to navigate the U.S. tax system. Why? The tax code has ballooned into a 10-million-word labyrinth, making it 21 times longer than the entire Lord of the Rings […]
San Fransisco, USA, 19th November 2024, Chainwire
Silicon Valley-based AI startup d-Matrix announced Tuesday that it has started shipping its first AI chip, designed to support applications like chatbots and video generators. This milestone comes just over a year after the company secured $110 million in funding […]
ServiceTitan, a software startup that develops tools for home services businesses, filed paperwork on Monday for an initial public offering (IPO) in the U.S. The Glendale, California-based company plans to list its shares on the Nasdaq under the ticker symbol […]
Valletta, Malta, 18th November 2024, Chainwire
Forward, a once-promising healthcare startup that aimed to revolutionize care with its “doctor-in-a-box” modules, is shutting down. The closure comes just a year after the San Francisco-based company raised $100 million in funding, bringing its total fundraising to nearly $400 […]
Austin, United States, 18th November 2024, Chainwire
Even as SpaceX dominates the space industry, investors are placing their bets on emerging startups that could fill gaps in a less crowded market. Among these is The Exploration Company (TEC), a Munich-based space startup making waves with its ambitious […]
London, United Kingdom, 18th November 2024, Chainwire
ByteDance, the parent company of TikTok, has set its valuation at approximately $300 billion. The news comes after the company recently approached investors with a share buyback offer, according to sources and a document reviewed by Reuters. The proposed buyback […]
Charlestown, Saint Kitts and Nevis, 18th November 2024, Chainwire
Barcelona, Spain, 18th November 2024, Chainwire
