IDG Capital

Lifeform Token is Officially Launching on Bybit and KuCoin Exchange

Retrieved on: 
水曜日, 5月 15, 2024
IDS, DIDS, TVL, Decentralized finance, IDG Capital, Privacy, Investment, Ecosystem, Avalanche, Non-fungible token, Internet, Rain, BNB, SDK, BTC, Outline of life forms, Research, BlackRock, Networking hardware, Nature, Control, Fidelity, Dame Alice Owen's School, DID, Cryptocurrency

Lifeform token has announced the official launch on Bybit and kuCoin exchange, trading commences on 15th May, 2024.

Key Points: 
  • Lifeform token has announced the official launch on Bybit and kuCoin exchange, trading commences on 15th May, 2024.
  • Lifeform, supported by investments from a host of prominent institutions, excels in focusing on the mentioned two objectives.
  • By profiling users based on their asset management behaviors, Lifeform provides tailored recommendations for blockchain services, tokens, or dApps.
  • In the future, Lifeform also plans to utilize AI to launch various practical smart devices, such as BTC Mobile and head-mounted displays.

OPay Announces Its First Monthly Profit With Nearly 10 Million Daily Active Trading Users

Retrieved on: 
金曜日, 5月 10, 2024
Partnership, CNBC, Mastercard, CNN, IDG Capital, Investment, Pakistanis, Oracle bone, Source Code Capital, AI, Growth, BCG, Future, SoftBank Vision Fund

SINGAPORE, May 10, 2024 /PRNewswire/ -- OPay, the leading Fintech company focused on emerging markets, today announced its landmark first monthly profitability, with daily active trading users soaring past 9 million and poised to breach the 10 million mark.

Key Points: 
  • SINGAPORE, May 10, 2024 /PRNewswire/ -- OPay, the leading Fintech company focused on emerging markets, today announced its landmark first monthly profitability, with daily active trading users soaring past 9 million and poised to breach the 10 million mark.
  • By April 2024, OPay has established a robust foothold in emerging markets, serving over 50 million users and 1 million merchants, boasting monthly transaction volumes surpassing $12 billion.
  • With daily active trading users approaching the 10 million mark, OPay has also created a significant impact, fostering 400,000 direct and indirect job opportunities.
  • OPay's vision is to serve 1 billion users and 10 million merchants, ultimately creating 3 million job opportunities by 2031.

OPay Announces Its First Monthly Profit With Nearly 10 Million Daily Active Trading Users

Retrieved on: 
金曜日, 5月 10, 2024
Partnership, CNBC, Mastercard, CNN, IDG Capital, Investment, Pakistanis, Oracle bone, Source Code Capital, AI, Growth, BCG, Future, Multimedia, SoftBank Vision Fund

SINGAPORE, May 9, 2024 /PRNewswire/ -- OPay, the leading Fintech company focused on emerging markets, today announced its landmark first monthly profitability, with daily active trading users soaring past 9 million and poised to breach the 10 million mark.

Key Points: 
  • SINGAPORE, May 9, 2024 /PRNewswire/ -- OPay, the leading Fintech company focused on emerging markets, today announced its landmark first monthly profitability, with daily active trading users soaring past 9 million and poised to breach the 10 million mark.
  • By April 2024, OPay has established a robust foothold in emerging markets, serving over 50 million users and 1 million merchants, boasting monthly transaction volumes surpassing $12 billion.
  • With daily active trading users approaching the 10 million mark, OPay has also created a significant impact, fostering 400,000 direct and indirect job opportunities.
  • OPay's vision is to serve 1 billion users and 10 million merchants, ultimately creating 3 million job opportunities by 2031.

Merlin Chain Secures New Investments Co-led by Spartan Group and Hailstone Labs to Empower Bitcoin Apps

Retrieved on: 
水曜日, 4月 17, 2024
Ethereum, Decentralized finance, EVM, Education, Ecosystem, TVL, Safety, BTC, Sequoia Capital, Blue box, Blockchain, Traction, Partnership, Research, United Nations Security Council, IDG Capital, Growth, Entrepreneurship, 5Y Capital, Privacy, Bertelsmann, Taproot, Decentralized application, ETH, ZK, Cryptocurrency

This strategic partnership marks an important milestone in Merlin Chain's journey, positioning it at the forefront of the Bitcoin ecosystem's evolution.

Key Points: 
  • This strategic partnership marks an important milestone in Merlin Chain's journey, positioning it at the forefront of the Bitcoin ecosystem's evolution.
  • Since its last funding round, Merlin Chain has successfully launched its mainnet, which has rapidly gained traction within the industry.
  • The addition of esteemed backers like Spartan Group will empower Merlin Chain to delve deeper into the institutional management scene, leveraging the new BTC staking narrative.
  • To this end, Merlin Chain has established the Merlin Security Council, which includes well-known entities such as Slowmist , BlockSec , Salus , Secure3 , ScaleBit and Revoke.Cash .

Honoring a Visionary: Remembering Pat McGovern on the 10th Anniversary of His Passing

Retrieved on: 
火曜日, 3月 19, 2024
IDG Capital, Friends, Attention, Culture, Computerworld, Sickle cell disease, Brain, Organization, Information technology, Data science, Science, Memory, Intelligence, Partnership, MIT, IDG Ventures, Education, Salesforce, Perception, Society, Public policy, Research, Artificial intelligence, Entrepreneurship, Hope, International Data Group, Student, PC World, CRISPR, Ecosystem, IDG, Lore Harp McGovern, Management

Today marks the 10th anniversary of the passing of Pat McGovern, an extraordinary visionary and philanthropist.

Key Points: 
  • Today marks the 10th anniversary of the passing of Pat McGovern, an extraordinary visionary and philanthropist.
  • Beyond his remarkable business acumen, McGovern, with his wife, Lore, co-founded the McGovern Institute for Brain Research at MIT in 2000.
  • CRISPR discoveries made at the McGovern Institute are now licensed for the first clinical application of genome editing in sickle cell disease.
  • But it was people who truly motivated Pat, and he empowered and encouraged them to reach for the stars.

BounceBit Raises $6M in Seed Funding Round To Build Bitcoin Restaking Infrastructure

Retrieved on: 
木曜日, 2月 29, 2024
Blockchain Capital, Bodhi, Bitcoin, IDG Capital, SSC, General partnership, Anchorage Digital, Human, Early access, Ecosystem, Jim Breyer, TVL, Insurance, BTC, Cryptocurrency

SINGAPORE, Feb. 29, 2024 /PRNewswire/ -- We are thrilled to announce that BounceBit has successfully closed a $6-million funding round to build BTC Restaking infrastructure.

Key Points: 
  • SINGAPORE, Feb. 29, 2024 /PRNewswire/ -- We are thrilled to announce that BounceBit has successfully closed a $6-million funding round to build BTC Restaking infrastructure.
  • "We're thrilled to lead the seed round for BounceBit as they're pushing the frontiers of BTC Restaking and yield generation," said Ted Breyer, Partner at Breyer Capital.
  • "Their expertise and support will be instrumental in our mission to build restaking infrastructure to support yield generation for all types of Bitcoin across a variety of networks."
  • BounceBit will build a plethora of infrastructure, exploring the use-cases of Restaking for various types of Bitcoin.

BounceBit Raises $6M in Seed Funding Round To Build Bitcoin Restaking Infrastructure

Retrieved on: 
木曜日, 2月 29, 2024
Blockchain Capital, Bodhi, IDG Capital, SSC, General partnership, Anchorage Digital, Human, Early access, Jim Breyer, TVL, Decentralized finance, Insurance, BTC, Cryptocurrency

SINGAPORE, Feb. 28, 2024 /PRNewswire/ -- We are thrilled to announce that BounceBit has successfully closed a $6-million funding round to build BTC Restaking infrastructure.

Key Points: 
  • SINGAPORE, Feb. 28, 2024 /PRNewswire/ -- We are thrilled to announce that BounceBit has successfully closed a $6-million funding round to build BTC Restaking infrastructure.
  • "We're thrilled to lead the seed round for BounceBit as they're pushing the frontiers of BTC Restaking and yield generation," said Ted Breyer, Partner at Breyer Capital.
  • "Their expertise and support will be instrumental in our mission to build restaking infrastructure to support yield generation for all types of Bitcoin across a variety of networks."
  • BounceBit will build a plethora of infrastructure, exploring the use-cases of Restaking for various types of Bitcoin.

BSquared Network Announces Integration of Portal to Accelerate DeFi on Bitcoin

Retrieved on: 
水曜日, 2月 28, 2024
EVM, IDG Capital, SAN, Blockchain, Partnership, Growth, Non-fungible token, Ecosystem, Privacy, ZKP, TGE, Decentralized finance, BTC, Cryptocurrency

SAN FRANCISCO, Feb. 28, 2024 /PRNewswire-PRWeb/ -- B² Network, the first Bitcoin rollup based on zero-knowledge proof verification, today announced a new integration with Portal, the first trust-minimized, Layer 2 cross-chain swaps that involve no bridges, custody or wrapping. The partnership will enable B² Network's native token and other BRC-20s and Bitcoin-based tokens from the B² ecosystem to be available in the Portal DEX Network and with other Portal ecosystem partners that integrate the Portal Swap SDK.

Key Points: 
  • "With our ecosystem tokens seamlessly available on the Portal DEX Network and partner marketplaces, we are one step closer to realizing our dream."
  • The network's vision is to accelerate innovation on the Bitcoin platform through the development of applications, such as DeFi, NFTs and other decentralized systems.
  • "Portal and B² Network are united by a common aim of providing tools to developers so they can build next-gen dApps on Bitcoin.
  • Portal partners utilizing the Portal Swap SDK, such as wallets, bridges and other protocols, will also have access to the B² Network of ecosystem-based tokens.

Avistone Biotechnology Announces Closing of Series B Financing

Retrieved on: 
木曜日, 1月 4, 2024
Research, Medical Devices, Genetics, Clinical Trials, Biotechnology, General Health, Pharmaceutical, Health, Science, Oncology, Venture round, Bain Capital, MET, IDG Capital, Physician, Hospital, Growth, Investment, Patient, SDIC, Therapy, NSCLC, Pharmaceutical industry

Beijing Avistone Biotechnology Co., Ltd. (also referred to as Avistone Biotechnology or Avistone), an innovative biotechnology company focused on precision oncology therapeutics, announced that they had recently completed their Series B financing of 1 billion Chinese yuan (~$140 million USD).

Key Points: 
  • Beijing Avistone Biotechnology Co., Ltd. (also referred to as Avistone Biotechnology or Avistone), an innovative biotechnology company focused on precision oncology therapeutics, announced that they had recently completed their Series B financing of 1 billion Chinese yuan (~$140 million USD).
  • The Series B financing was jointly led by SDIC CS Capital and IDG Capital, with participation from Yanchuang Capital and Cathay Capital.
  • Dr. Hepeng Shi, founder, chairman and CEO of Avistone Biotechnology, said: "We thank our Series B investors for trusting and investing in Avistone.
  • We will continue to pursue our vision to become a leading biotechnology company with a deep pipeline and focus on innovation.

TSUN Secures Over RMB 150 Million in Series B Funding, Accelerating Innovation in Photovoltaic Technology and Sustainable Energy Solutions

Retrieved on: 
月曜日, 11月 20, 2023
Research, Safety, Suzhou HSR New Town, IDG Capital, RMB, TITAN, Cybook Gen3, PV, Renewable energy

SUZHOU, China, Nov. 20, 2023 /PRNewswire/ -- TSUN, a leading player in the photovoltaic (PV) industry, has recently secured over RMB 150 million in Series B funding, marking its second successful funding round in 2023.

Key Points: 
  • SUZHOU, China, Nov. 20, 2023 /PRNewswire/ -- TSUN, a leading player in the photovoltaic (PV) industry, has recently secured over RMB 150 million in Series B funding, marking its second successful funding round in 2023.
  • The funds will also support supply chain development and the expansion of domestic and international business channels, further solidifying TSUN's influence in the PV industry.
  • Founded in 2019, TSUN is dedicated to the innovative research and development of microinverters and energy storage products.
  • In response to industry challenges, TSUN introduced the TITAN series in 2020, touted as the world's first high-power single-phase microinverter.