LayerZero Labs, a web3 messaging protocol, has closed a $120 million Series B round, raising its valuation to $3 billion from $1 billion, the company said on Tuesday. Unlike Web 2.0 messaging platforms like WhatsApp and Telegram, this messaging protocol lets users send different types of messages between blockchains, like cross-chain interactions, eliminating the need […]
Blockchain messaging protocol LayerZero raises $120M, hitting $3B valuation by Jacquelyn Melinek originally published on TechCrunch
Los Angeles-based startup Apex Space will launch its first satellite bus next January, part of its bet that spacecraft mass manufacturing will enable humanity’s greater expansion into the cosmos. The company will launch its Aries spacecraft, which will be equipped with multiple customer payloads, on board SpaceX’s Transporter-10 rideshare mission. Aries, the first in a […]
Satellite bus startup Apex Space plans first launch aboard SpaceX’s Transporter-10 by Aria Alamalhodaei originally published on TechCrunch
TikTok has been issued with a fine of £12.7 million (~$15.7M) for breaching UK data protection law, including rules intended to protect children. The privacy watchdog, the Information Commissioner’s Office (ICO), announced today that it found the video sharing site “did not do enough” to check who was using their platform and failed to take […]
TikTok hit with $15.7M UK fine for misusing children’s data by Natasha Lomas originally published on TechCrunch
The firm uses an in-house data algorithm it hopes will help it find startups that have teams designed to scale — beyond just the founders.
Ensemble raises $100M debut fund to bet on startup teams — but not in the way you think by Rebecca Szkutak originally published on TechCrunch
Just short of a year after raising $24 million from backers including DHL, Everstream Analytics, a company that provides predictive insights for physical supply chains, has secured a fresh round of funding. Everstream today announced that it raised $50 million in a Series B round led by Morgan Stanley’s 1GT Fund with participation from StepStone […]
Everstream, which applies big data to supply chain management, raises $50M by Kyle Wiggers originally published on TechCrunch