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By 2025, three-quarters of VCs could use AI to guide their investments. But we’re a far cry from that number today.
Q3 outlook forecasts cloudy days ahead for fintech M&A 
Egyptian fintech Paymob, which enables merchants to accept digital payments online and in-store, announced today it has raised $50 million in Series B funding. PayPal Ventures, the global corporate venture arm of PayPal, New-York-based venture capital Kora Capital, and London-based Clay Point led the round. New participating investors include Helios Digital Ventures, British International Investment […]
Injective, a layer-1 blockchain focused on building financial applications, has launched a $150 million fund ecosystem initiative, the platform’s CEO and co-founder, Eric Chen, told TechCrunch. “We’ve seen a lot of ecosystem funds in the past do various things, but there isn’t really an established ecosystem fund for Injective and Cosmos as a whole,” Chen […]
Colossal, the company known for its mission to resurrect a woolly mammoth (or at least, an elephant with some very mammoth-like traits), is back with $60 million in Series A funding. But despite the fanfare and cash, there’s not a ton of scientific progress to report. Colossal is spun out of the work of George […]