Startups news & headlines

Environmental solutions company Land Betterment Corporation has embarked on raising funds using a crowdfunding platform known as Fundopolis. Land Betterment Corporation or simply ‘Land Betterment’ is an impact-driven company focused on upcycling old coal mining sites to foster community development and sustainability through job creation. Institutional and individual investors can take part in the firm’s noble cause by visiting Land Betterment&#8...

Recent research suggests UK start-ups have managed to raise about £663 million since the Covid1- lockdown began, overlooking the current economic slump. The study was carried out by innovation and coworking space giant Plexal, in partnership with start-up data company, Beauhurst. The research sampled data from close to 30,000 companies between March 23 and April 27, and it revealed that British businesses raised 34% more cash than they did during...

David Clark, a former Uber (NYSE: UBER) executive is finalizing plans to set up the European headquarters for startup funding company, Expa in London. Expa, which is based in Silicon Valley, was established in 2014 by Garret Camp, co-founder of StumbleUpon and cab-hailing app Uber. According to the serial entrepreneur and investor, he started Expa to help entrepreneurs to actualize their dream businesses. The startup financier offers budding entr...

The European Innovation Council (EIC) is set to receive an additional £131M (€150M) following a surge in applications in the last couple of weeks. Over 1,000 small and mid-sized companies and startups tendered applications fronting possible ideas for dealing with Coronavirus. The usual number of applications for EIC calls also more than doubled. The EIC task force director Jean-David Malo in a statement said: “We are seeing a lot of appetite and...

The recently established Paycheck Protection program (PPP) has come as a relief to small-scale businesses in the US. But financiers, especially the large banks will be forced to wait a little longer to benefit from the electron loans after the country’s Treasury and the Small Business Administration resolved to give priority to pop and small mom businesses. The agencies have indicated that big banks will be temporarily locked out of the loan appl...

Binance recently partnered with WazirX to set up a joint $50 million-large token fund. The goal is to invest in blockchain startups in India, thus helping them speed up development The fund is simply called ‘Blockchain for India,’ and it is backed by WazirX’s WRX token, and Binance’s native BNB and BUSD. According to WazirX’s CEO and founder, Nischal Shetty, the fact that this is a token fund means that it will not i...