Category

Funding

AI Nov 22, 2024 3 min read

Crusoe Energy Raises $686M for AI Data Centers, Eyes $818M Goal

If successful, this latest fundraising round would bring Crusoe’s total funding to approximately $1.5 billion, combining equity and debt. In 2022, the company raised $200 million in debt, using its data center chips as collateral to acquire AI processors.

Funding Nov 21, 2024 2 min read

Folks Finance Secures $3.2M to Expand Cross-Chain DeFi Solutions

The Series A round was led by Borderless Capital, with additional support from SOVO Ventures, Mapleblock, and Algorand Ventures, among others. The funding aims to enhance Folks Finance’s ability to address liquidity fragmentation in the DeFi ecosystem, particularly through its flagship xChain application.