Jim Breyer

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

Retrieved on: 
Thursday, February 29, 2024

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: 
Thursday, February 29, 2024

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.

Colossal Biosciences Names Emily Castel as Chief Marketing Officer

Retrieved on: 
Thursday, February 1, 2024

Emily Castel, formerly President and Chief Brand Officer of Teton Ridge - an omnichannel entertainment company, has joined Colossal Biosciences, the world’s first de-extinction company as Chief Marketing Officer.

Key Points: 
  • Emily Castel, formerly President and Chief Brand Officer of Teton Ridge - an omnichannel entertainment company, has joined Colossal Biosciences, the world’s first de-extinction company as Chief Marketing Officer.
  • In 2013, Castel joined Legendary Entertainment as Chief Marketing Officer, after Legendary acquired FIVE33.
  • After leaving Legendary in 2017, Castel launched her UK-based consultancy Castel Creative, where she served as founder and CEO.
  • Now at Colossal, Castel will lead a growing team of brand and consumer hires including newly appointed EVP of Design, Chris Klee, an award-winning design team leader who was formerly Chief Creative Officer of Hypergiant Industries.

Zebec Debuts in Japan with Innovative Payroll and Payments Fintech

Retrieved on: 
Tuesday, January 9, 2024

Zebec , a category-defining fintech startup, proudly announces the launch of its advanced web3 payment and real-time payroll services in Japan.

Key Points: 
  • Zebec , a category-defining fintech startup, proudly announces the launch of its advanced web3 payment and real-time payroll services in Japan.
  • "Zebec’s venture into Japan is logical; it's an opportunity for us to contribute to the country’s already advanced financial infrastructure," says Sam Thapaliya, founder of Zebec.
  • Wagelink and advanced payroll technology, modernizing traditional payroll with the inclusion of stablecoin salary payments and cross-border remittances, in partnership with global fintech firms Circle and Stellar.
  • In effect, across its suite of real-time payroll, micropayments and on-and-off ramps through the Zebec Instant Card, Zebec is a crypto payments superapp, integrating the blockchain into everyday lives.

Polychain Capital and Hack VC Lead $18 Million Funding Round for Bitcoin Staking Protocol Babylon

Retrieved on: 
Thursday, December 7, 2023

The round was co-led by Polychain Capital and Hack VC , with participation from Framework Ventures , Polygon Ventures , Castle Island Ventures , OKX Ventures , Finality Capital , Breyer Capital , Symbolic Capital , IOSG Ventures and many other investors.

Key Points: 
  • The round was co-led by Polychain Capital and Hack VC , with participation from Framework Ventures , Polygon Ventures , Castle Island Ventures , OKX Ventures , Finality Capital , Breyer Capital , Symbolic Capital , IOSG Ventures and many other investors.
  • Babylon’s Bitcoin Staking Protocol provides a way for PoS chains to introduce Bitcoin as a staking asset.
  • In July this year, Babylon published a litepaper outlining its pioneering concept of native trustless Bitcoin Staking.
  • In 2022, Babylon successfully concluded its initial seed funding round, securing investments from IDG, DHVC, Breyer Capital, and other contributors.

Tenet Raises $30M+ to Grow EV Financing Platform and Offer Free Smart Charging to All Customers

Retrieved on: 
Wednesday, November 15, 2023

It will also scale TenetConnect, the company's newly launched digital renewable energy platform, which reduces charging costs on EV owners’ utility bills.

Key Points: 
  • It will also scale TenetConnect, the company's newly launched digital renewable energy platform, which reduces charging costs on EV owners’ utility bills.
  • Enrolled customers can connect their car with Tenet’s smart charging service to lower their EV charging costs by an estimated additional $40 per month.
  • "With its lower monthly rates and recent addition of smart charging, Tenet is helping me save nearly $1,500 per year on my EV ownership costs."
  • Tenet strategically leverages unique EV attributes for financing, including government tax credits, residual value data, and home charger installation.

Asset Management Firm Superstate Announces $14m Series A Financing

Retrieved on: 
Wednesday, November 15, 2023

Superstate , an asset management firm modernizing the infrastructure of investment funds, today announced a $14m first close of their Series A financing.

Key Points: 
  • Superstate , an asset management firm modernizing the infrastructure of investment funds, today announced a $14m first close of their Series A financing.
  • Superstate previously raised a $4m Seed financing in June 2023 led by ParaFi, Cumberland, and 1kx.
  • “The future of investments are programmable, compliant, and transparent,” said Superstate Co-founder and CEO Robert Leshner.
  • Superstate aims to bring on-chain advantages to U.S. investors.”
    Superstate is developing regulated, self-custodied on-chain funds.

Jona, a Personalized Health Company Using AI to Analyze the Gut Microbiome, Launches with $5M in Funding

Retrieved on: 
Wednesday, November 1, 2023

With its innovative use of LLMs and some of the most advanced applications of generative AI we've seen, the company will change how we think about the microbiome and the future of human health."

Key Points: 
  • With its innovative use of LLMs and some of the most advanced applications of generative AI we've seen, the company will change how we think about the microbiome and the future of human health."
  • Jona's platform aims to equip these individuals with the latest scientific knowledge to discover root causes and develop effective treatment plans.
  • "Launching this company is a culmination of my lived experiences and a lifelong career in artificial intelligence and healthcare."
  • The first product is an easy at-home microbiome profiling kit that sequences the microbes in an individual's gut microbiome.

Pryon Closes $100 Million Series B Round Led by Thomas Tull’s US Innovative Technology Fund

Retrieved on: 
Tuesday, September 19, 2023

Pryon , the pioneer in bringing AI to knowledge management, today announced that it closed a $100 million Series B investment led by Thomas Tull’s US Innovative Technology Fund (USIT).

Key Points: 
  • Pryon , the pioneer in bringing AI to knowledge management, today announced that it closed a $100 million Series B investment led by Thomas Tull’s US Innovative Technology Fund (USIT).
  • This funding allows Pryon to accelerate its growth, augment its team, expand into international markets, and scale strategic partnerships.
  • Many such organizations experience the disconnect between high value content and their stakeholders, resulting in abandoned, defective, or stalled workflows.
  • Pryon was established to eliminate this knowledge friction and developed by the creative minds behind Amazon’s Alexa, Apple’s Siri, and IBM’s Watson.

Elemental Cognition Closes $60M in Connection with Series B Fundraise

Retrieved on: 
Thursday, August 31, 2023

NEW YORK, Aug. 31, 2023 (GLOBE NEWSWIRE) -- Elemental Cognition (EC.ai), a provider of breakthrough AI technology, has closed $60M in connection with its Series B fundraise, including participation from Bridgewater Associates, Breyer Capital, AME Cloud Ventures, Staged Ventures, and other individuals.

Key Points: 
  • NEW YORK, Aug. 31, 2023 (GLOBE NEWSWIRE) -- Elemental Cognition (EC.ai), a provider of breakthrough AI technology, has closed $60M in connection with its Series B fundraise, including participation from Bridgewater Associates, Breyer Capital, AME Cloud Ventures, Staged Ventures, and other individuals.
  • The funding will support the commercial growth of EC.ai’s patented platform, which allows enterprises to reliably solve complex problems and accelerate time to value for deploying AI solutions.
  • “With our recent round of funding, Elemental Cognition will continue to capitalize on our efforts to bring powerful reasoning and transparency to the market.
  • Our approach is different from others because we don’t rely on LLMs alone to generate reliable answers.