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RisingWave Labs, a company developing a platform for data stream processing, today announced that it raised $36 million in a Series A funding round led by Yunqi Partners, undisclosed corporate investors and angel investors. Bringing RisingWave’s total raised to over $40 million, the capital will be put toward scaling the startup’s business-side operations to support […]

Streaming data processing platform RisingWave lands $36M to launch a cloud service by Kyle Wiggers originally published on TechCrunch

Bye-bye: Meta has again been ordered by the UK’s competition watchdog to sell animated GIF platform, Giphy. And this time it’s final. The decision follows a ‘stay of execution’ for Meta this summer, after the U.K.’s Competition Appeal Tribunal sent the case back to the antitrust regulator to be reassessed following a procedural finding that […]

Meta gets final order to sell Giphy from UK antitrust watchdog by Natasha Lomas originally published on TechCrunch

Do Kwon says charges levelled against him by the South Korean prosecutors are not legitimate and politically motivated, sharing a rare update on what has become one of the most high profile events in the crypto industry this year in the aftermath of the $40 billion wipeout of his Terra blockchain. Kwon said he has […]

Terra’s Do Kwon says South Korea’s charges against him not legitimate and politically motivated by Manish Singh originally published on TechCrunch

Kenzz, an e-commerce platform bringing shopping to the mass market in Egypt and MENA, is announcing that it has raised $3.5 million in seed funding. U.S.-based and MENA-focused venture capital firm Outliers Ventures led the round. Some of the participating investors include HOF Capital, Foundation Ventures, and Samurai Incubate. The company, founded this February by […]

Kenzz, an Egyptian e-commerce platform for the mass market, grabs $3.5M seed funding by Tage Kene-Okafor originally published on TechCrunch

Verlinvest, a family-backed, “evergreen”, growth fund investor, that has previously funded a few well-known consumer brands like Oatly, Vita Coco, Tony’s Chocolonely, Who Gives A Crap, Pedego, Chewy.com, Hint & others, is getting into the venture game. After putting around €50m into VC initiatives globally, it’s now embarking on being the kick-starter LP in a […]

V3 Ventures launches to put €100M into startups in health, beauty and food by Mike Butcher originally published on TechCrunch