Tag: Raises

 The round is led by Sino Global Capital, Amber Group and Spartan Group, with participation from Alameda Research, Gate Ventures, Impossible Finance and Shima Capital. The Pine Platform, which is built on top of the Pine Protocol, enables permissionless instant lending and borrowing of cryptocurrencies using NFTs as collateral. The Pine Platform offers distinctive features to provide a better user experience: The “Pine Now, Pay Later” feature allows anyone to purchase NFTs on open NFT marketplaces with a mortgage, providing flexible financing terms. Currently, OpenSea and LooksRare are supported with more marketplaces to be added. Additionally, NFT owners will be ... Read more

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), secured $35 million in project financing to develop green data centers co-located with renewable energy assets. Spring Lane Capital, a private equity firm, invested private funds in Soluna as a part of their strategy focused on hybrid project capital for sustainability solutions in the energy, food, water, waste and transportation industries. The capital will help develop three behind-the-meter (BTM) projects designed to convert wasted renewable energy into clean computing services such as bitcoin mining and artificial intelligence. “Soluna is the only true green ... Read more

 Dista, an AI-based location intelligence platform, has raised $1.2 million in seed funding. Dista was incubated in 2017 and registered as an independent entity on October 17, 2020. Pentathlon Ventures led the investment with participation from Core 91 and other individual investors. Dista plans to use the investment to scale its presence in international markets, strengthen its workforce, focus on R&D, and elevate the user experience. Founded by Shishir Gokhale – Co-founder and CEO, Deepak Garg- Co-founder and CTO, and Nishant Kumar – Co-founder and CPO, Dista’s location intelligence platform streamlines business processes and enhances customer experience with its robust ... Read more

 Silicon Slopes newest tech company Allset is helping service professionals automate and increase tips through a personalized mobile messaging platform. The concept is simple – when a service appointment is completed, an automated tip request is sent from Allset to the customer on behalf of the business. The company is increasing tips by 300 percent for small businesses and is seeing an average tip amount of $33. Meanwhile, 16 percent of customers leave a tip when prompted on Allset. Allset’s vision is to unlock revenue for small-medium businesses while eliminating the awkwardness of asking for a tip. In just two ... Read more

 Tava Health, a healthcare technology startup providing next-day access to professional mental health services today announced that it raised $10M in series A funding. The round of capital was led by Rose Park Advisors with participation from Peterson Partners, Toba Capital, Springtide Capital, Contrary Capital, and SaaS Ventures. In the wake of COVID-19, mental health concerns have taken a front seat in the minds of employers. According to research by McKinsey & Company, 9 out of 10 companies surveyed noted that COVID-19 had a negative impact on workplace productivity, and 7 out of 10 companies planned to take immediate action ... Read more