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Fundraising

VC firm a16z crypto spearheads $4.2m seed funding for web3 company Pimlico

by Isaac Wright
VC firm a16z crypto spearheads .2m seed funding for web3 company Pimlico

UK-based Pimlico has raised $4.2 million in a seed funding round led by a16z crypto, aiming to improve the Ethereum network by introducing versatile smart accounts through ERC-4337. Pimlico, a …

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Llama raises $6m to simplify smart contract access management and governance

by Isaac Wright
Llama raises m to simplify smart contract access management and governance

Polygon co-founder Sandeep Nailwal and Stani Kulechov, founder of Aave, were among investors in a fundraise for Llama, a protocol aiming to provide easy-to-use tools for on-chain organizations. Llama, an …

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Their First Pitch Failed. Can These Entrepreneurs Can Turn Their Flops Into Fortune?

by Edgar Davis
Their First Pitch Failed. Can These Entrepreneurs Can Turn Their Flops Into Fortune?

Usually on Entrepreneur Elevator Pitch, contestants have just one shot at glory. They step inside our elevator and have only 60 seconds to pitch their company to our board of …

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Bombas Is the Most Successful ‘Shark Tank’ Brand. Here’s Why.

by Anas Siddiqui
Bombas Is the Most Successful ‘Shark Tank’ Brand. Here’s Why.

It was 2014 when Bombas‘ co-founders Randy Goldberg and David Heath found themselves on the set of Shark Tank‘s sixth season. Three, two, one went the countdown. They walked through …

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Game studio Neon Machine secures $20m in funding round led by Polychain

by Isaac Wright
Game studio Neon Machine secures m in funding round led by Polychain

Seattle’s Neon Machine has secured $20 million in Series A funding, helmed by Polychain Capital, to advance development of its blockchain-integrated shooter game, “Shrapnel.” Seattle-based game studio Neon Machine recently …

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Renault-backed Chinese EV start-up BeyonCa signs preliminary Saudi investment deal with an eye on Middle East market

by Anas Siddiqui
Renault-backed Chinese EV start-up BeyonCa signs preliminary Saudi investment deal with an eye on Middle East market

Chinese electric vehicle (EV) start-up BeyonCa has set its sights on the Middle East with the signing of a preliminary investment deal with Riyadh-based Al Faisaliah Group (AFG) that is …

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What People Are Getting Wrong This Week

by Ron Morgan
What People Are Getting Wrong This Week

You’ve probably gotten a call like this a dozen times: An authoritative voice announces: “I’m calling on behalf of the [YOUR TOWN] Fraternal Order of Police…” followed by a heartstring-pulling …

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Ninth Circuit kills political ban for civic workers

by Vera Ward
Ninth Circuit kills political ban for civic workers

A federal appeals court Wednesday overturned a 1970s-era ban on local government employees seeking political donations from each other, a ruling spurred by a group of South Bay public defenders …

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Venture Capitalists Withheld Billions From Startups — Here’s Why

by Edgar Davis
Venture Capitalists Withheld Billions From Startups — Here’s Why

Venture capital can be critical for a company’s growth across many different stages — but the funds aren’t flowing as freely as they once did. U.S. investors backed 3,011 startup …

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