Altitude Investment Management is raising over $100 million for its second cannabis-focused fund, according to people familiar with the matter.Altitude joins a long list of cannabis venture funds that are raising millions to go after growth-stage startups.The firm's first fund closed at $30 million last year and is deployed across 16 companies in the cannabis sector, including BDS Analytics, a data firm, and Front Range Biosciences, a biotech startup.Read more: The top 12 venture-capital firms making deals in the booming cannabis industry that's set to skyrocket to $75 billionThe fund's partners include John Brecker and Michael Goldberg, who both worked at the $2.7 billion Longacre Fund Management, Roderick Stephen, who founded Longacre's UK group and worked at Citadel Investment Group, and Jon Trauben, a commercial real estate veteran who did stints at Barclays and Credit Suisse.'They're not being dreamed up in garages anymore'
Sir Richard Branson has hired corporate finance firm LionTree Advisors to help raise hundreds of millions of pounds to invest in Virgin Galactic and Virgin Orbit, according to Sky News.It comes months after Branson halted a $1bn (£775m) Saudi-funded deal amid the political tension over Jamal Khashoggi's murder.Discussions are already under way with a number of potential investors, including sovereign wealth funds, private equity firms, high net worth individuals and strategic partners, Sky News claims.LionTree is understood to have been appointed due to expressions of interest from investors following the Galactic test flight to the edge of space in December.Branson is seeking funding that would value Virgin Galactic and Orbit at a combined sum of more than $2bn (£1.55bn).Sky News claim that the amount Branson is looking to raise would be at least $250m (£193m), with the structure of a deal seeing new shareholders inject money into either or both companies.
Although it’s not the sexiest of industries, the hefty construction sector in 2018 attracted not only the attention but, more importantly, the dollars of investors.Historically, the multi-trillion-dollar sector has been slow to adopt new technologies, as builders rely on a variety of disparate systems to manage projects, traditional building methods to construct homes and non-smart materials.But a wave of startups is looking to capitalize on opportunities within the sector.Companies that have developed software solutions aimed at streamlining processes and increasing efficiencies are increasingly common.Funding in U.S.-based construction technology startups surged by 324 percent, to nearly $3.1 billion in 2018 compared with $731 million in 2017, according to Crunchbase data.While the 2018 numbers are impressive, it’s important to note that a few large rounds did take place last year and thus skewed the results.
A small satellite has captured a piece of space debris using a claw-tipped harpoon.Called RemoveDEBRIS, the research project is an effort to test various space junk removal technologies.The project, which involves a 100-kilogram satellite in low Earth orbit, is being led by the University of Surrey and involves a consortium of space companies and research institutions, with some funding coming from the European Union, according to a statement.During a recent test, the RemoveDEBRIS satellite shot a harpoon at a 10-centimetre-wide target held aloft by a 1.5-metre-long boom, reports the BBC.The harpoon struck the aluminium honeycomb-like target at a speed of 20 meters per second.The object was torn away from the boom, which wasn’t a problem given that the harpoon is tethered by a wire to the satellite.
The concept boils down to the same as an IPO in standard fiat economics.On top of that, ICOs live on blockchain technology, completely decentralized, so lack of being regulated by a larger institution like the SEC or the Federal Reserve.This provides a faster and easier process for businesses to generate funding.When you think of think of innovations in the tech industry you think of big names like Elon Musk or Mark Zuckerberg, but today the blockchain network is Silicon Valley and anyone can live there.Golem network took over the spotlight of financial news as one of the earlier tech startups to take off like wildfire.It’d be hasty to say the pillars of Wall Street are shaking at their foundation; some companies may thrive in a centralized environment, with established framework and clearer pathways.Imagine if you will, a world of individuals with digital assets looking for one project after another another, to invest in for an easy ROI.
Steve Jurvetson is staging a comeback, disclosing today that his new San Francisco-based, early-stage venture firm Future Ventures, has raised $200 million for its debut fund.“It’s good to be back in the saddle again,” says Jurvetson, whose career was somewhat famously derailed in the fall of 2017 when a former girlfriend wrote a Facebook post, accusing DFJ — the firm Jurvetson cofounded in 1985 — of “predatory behavior.” DFJ said publicly the next day that it was already investigating “indirect and secondhand allegations” about Jurvetson, and within weeks, the firm and Jurvetson seemingly had enough of each other, mutually deciding that it was time to part ways.(Jurvetson, who was recently wed for the second time, has since said he poorly handled his love interests, some of which he acknowledges were extramarital.)It was surely an embarrassing chapter for Jurvetson, who’d enjoyed a pristine reputation, but notably, he never lost the support of some of his former colleagues.At the time, two founders who worked previously at DJF spoke up his behalf, crediting both Jurvetson and DFJ with “cultivating an environment where women advance professionally.” And Jurvetson has formed Future Ventures with another former apprentice who he mentored for a year at DFJ: Maryanna Saenko, who Jurvetson says is a “full partner” in the endeavor and who he characterizes as “the most talented investor I’ve ever worked with.”Certainly, they have much in common in the way of interests.
Amazon continued its push into the transportation space on Friday with some big news: the company is leading a $700 million investment round in Rivian, a United States-based EV startup that’s working to launch an all-electric pickup truck and SUV in 2020.The announcement follows last week’s news that Amazon was part of a group that raised $530 million for Aurora Innovation, an autonomous vehicle startup led by the former head of Google’s self-driving car project.While Amazon is leading the funding round, the EV startup says its existing shareholders are also involved in raising the $700 million.Rivian did not disclose exactly how much money Amazon is contributing.General Motors, which Reuters reported this week is also interested in investing in Rivian, was not named in the press release.“We have nothing additional to add beyond our previously shared statement from earlier this week,” a spokesperson for GM said in an email to The Verge.
"That could be the 21st century solution to the problem of protecting borders," said Chris Eheim, chief technology officer of Sunflower Labs, a home security drone startup, and a 15-year aerospace engineer.But plenty of drone companies think their technology is a good fit.They include Tactical Micro, Fortem Technologies, AeroVironment, PrecisionHawk and Aria Insights.That move comes even as Trump is expected to sign a compromise bill that includes $1.38 billion for his marquee project.Congress passed the legislation Thursday to avert another government shutdown.Buying private property, digging trenches and erecting 30-foot-tall steel slats along even just some of the nearly 2,000 miles of the US-Mexico border is expensive and time-consuming.
Flemish region is among best performing regions in Belgium.It solely contributed 58.7% to GDP and comprised 57.6% of the Belgian population in 2016Americas region was leading investor in Belgium with FDI inflows of US$7.3bn, while most European nations divested from the countryFinancial intermediation contributed 29.3% to the gross value added (GVA) in 2017, followed by other services (24.3%) and mining, manufacturing and utilities (16.7%).In nominal terms, the three sectors grew by 3.0%, 5.0% and 3.8%, respectively in 2018, as per GlobalData estimates.Get Sample Copy of This Report at https://www.orbisresearch.com/contacts/request-sample/2026502Key HighlightsRising trend of the BEL 20 (^BFX) index over last one year exhibits progress of the economy.As of January 17, 2018, BEL 20 (^BFX) index stood at 3,429.7, compared to 4,148.6 on January 17, 2019.Scope- Belgium ranked third out of 160 nations in the World Bank's logistics performance index (LPI) in 2018- Several firms, along with funding from European Commission (EC), have invested US$1.5bn in 54 transport projects out of 114 eligible proposals under the Connecting Europe Facility during 2014-2017.Reasons to buy- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations - Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.Companies Mentioned:KBCProximusSolvayAgeasABInBevMake an Inquiry before Buying@ https://www.orbisresearch.com/contacts/enquiry-before-buying/2026502About Us:Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements.
Global Gene Editing Market-An OverviewThe evolution of the new as well as innovative technologies related to gene-editing is intensely transmuting industrial biotechnology, human therapeutics and agriculture.Moreover, developments in CRISPR (clustered regularly interspaced short palindromic repeats) has made a fecund atmosphere for the manufacturing of cost-effective products at a large scale that ranges right from the research at elementary level to the development of translational medicine.In a recent study, patent landscape of the gene-editing tools was comprehensively analyzed and concluded that CRISPR has established dominance in comparison to the preceding gene-editing technologies.Request a sample of this report @ https://www.adroitmarketresearch.com/contacts/request-sample/773Though, several gene-editing tools pioneered from the industry, CRISPR was founded by the academic research institutions.Furthermore, it was found that the beginning of CRISPR has led to a fivefold growth in the investment of genome-editing bio enterprise since past one year.Ethical Implications of Gene EditingOver the period of next few decades, the technologies related to genome-editing is expected to play a very significant role in terms of human as well as animal health.However, it is predictable that a new cohort of therapeutics will ascend, with help of CRISPR technology, because it will allow the analysts to target at the exact genome sequences.Moreover, genome-editing technologies will mostly benefit the genetic diseases; on the other hand, several non-hereditary pathologies, for instance certain degenerative sicknesses will be obstructed, since many of these sicknesses consists of growing components of genetic mutational because of the epigenetic changes.Some challenges continue to stay in the application of CRISPR, before they are directed towards the medical ground, for instance, long lasting safety concerns, inaccurate mutations as well as deadly implications.Browse the complete report @ https://www.adroitmarketresearch.com/industry-reports/gene-editing-marketReport Description:Rise in funding for genome editing, increase in the occurrence of genetic disorders, growth in the production of genetically modified crops and increase in the developments for the technology of gene editing are the factors driving the growth of gene editing industry.
Self-driving tractor-trailer start-up TuSimple achieves unicorn status in funding round that values it at $1 billion – CNBCWhat happened: Self-driving truck startup TuSimple, founded in 2015 with headquarters in the US and China, has reached unicorn status following its $95 million Series D. The funding round was led by Chinese tech giant Sina and Hong Kong-based investment firm Composite Capital.The money will help the company expand its fleet of test vehicles and fund joint production programs with truck manufacturers.Why it’s important: As autonomous driving systems develop, self-driving cars have received most of the attention.However, the logistics industry could see drastic improvements in efficiency should companies adopt self-driving trucks, especially given the size of China’s e-commerce market.TuSimple has been testing its trucks in Arizona, making three to five autonomous trips per day.
It reodvisar koncernmodern Bonnier AB, which also owns Dagens industri, in its annual report for the 2018.Bonnier Ventures have in recent years invested in companies such as Acast, Resolution Games and fertilitetsappen Natural Cycles.”in Particular, a positive value showed the holdings in podcastplattformen Acast and VR studio Resolution Games both closing new funding rounds,” writes Bonnier in the annual report.Read more: After the investigation: the Pharmacies pick up the Natural CyclesDuring the year the company sold Bonnier Ventures their holdings in the Evoke Gaming and United Screens.It also undertook new investments in bostadstjänsten Blok, sportappenHeja and the digital funeral directors Lavendla.
White House Press Secretary Sarah Sanders issued a statement today on the government funding bill on Twitter, which is pretty standard for the Trump administration.But the statement also happened to include news that the president still plans to declare a national emergency over building a border wall — and it was delivered not on official letterhead, but via a screenshot of the Apple Notes app.Even weirder: it’s got an errant black dot, a sloppy mistake from the iOS 12 screenshot process, it looks like.If you’re not familiar, the Notes app is usually reserved for celebrity apologies and grocery lists.However, as we have seen from the Press Secretary’s previous tweets, it is also a form of communication this administration has deemed acceptable and normal.What makes this more unusual is the pen markup.
President Donald Trump is expected to both sign a spending bill and declare a national emergency to secure funding for his long-promised wall along the US-Mexico border, the White House announced on Thursday.The move would attempt to bypass congressional approval to spend billions of dollars on the border wall, which he originally vowed Mexico would pay to build.“President Trump will sign the government funding bill, and as he has stated before, he will also take other executive action ― including a national emergency ― to ensure we stop the national security and humanitarian crisis at the border,” White House press secretary Sarah Huckabee Sanders said in a statement.Senate Majority Leader Mitch McConnell privately cautioned Trump earlier this month to avoid declaring a national emergency over wall funding, warning the decision could spark backlash from members of his own party, The Washington Post reported.Congress could pass a resolution against the declaration, McConnell reportedly warned the president earlier this month.Congressional disapproval would force Trump to consider his first-ever veto.
Protecting the 2020 election from hackers and foreign influence campaigns is a top priority for the Department of Homeland Security, the agency said Thursday.Christopher Krebs, director of the DHS' Cybersecurity and Infrastructure Security Agency, held a press briefing to detail the DHS' efforts on election security.The story raised concerns that the DHS was not providing resources to adequately protect the election.Krebs denied the report on Thursday, and said the agency plans to expand its election security efforts for 2020.He noted that the DHS' funding for election security increased from $26 million in 2018 to $33 million this year."Despite what some of the reporting might be, election security and countering foreign influence efforts aren't going anywhere, and we're doubling down for 2020," Krebs said.
Valentine's Day is a time to celebrate love and romance, but the holiday has also become an opportunity to promote heart health, a tradition that continues as Clemson University bioengineers announce the launch of two separate research projects.The two grants combined represent $4.1 million in new research funding in Clemson's Department of Bioengineering.The research they are conducting has the potential to affect millions of patients who suffer from many forms of cardiovascular disease and related illness, including heart failure, hypertension, chronic kidney disease and type 2 diabetes.As many as 60 percent of patients die within five years of developing heart failure, which afflicts 6.5 million Americans, Richardson said.Richardson envisions a day when measurements from a patient's blood or tissue sample would be plugged into mathematical equations based on how molecules interact in the body.Vyavahare, the Hunter Endowed Chair of Bioengineering, is working on what could be the first treatment to reverse vascular calcification, a condition that occurs when mineral deposits build up on blood vessel walls and stiffen them.
Cyptocurrencies are here to stay, said Philippe Botteri, a partner at venture firm Accel.Top Silicon Valley venture firm Accel earlier this week led a $30 million Series B funding round for Chainalysis, which offers software tracking crypto transactions."Someone said it's a crypto winter, [but] that is not the way we're looking at it," Botteri said in an interview."What we are looking at is the purpose of cryptocurrencies, which is to reduce friction around transactions in a decentralized approach.And this could bring about a lot of benefits for the economies.Bitcoin, the largest cryptocurrency by market cap, has fallen about 80% from its all-time high set in December 2017 and the wider crypto market has lost $700 billion over the last year.
If you’re a video creator in 2019, you’re probably thinking about a long list of publishing destinations: YouTube, of course, but also Facebook, Instagram, Twitter, Snapchat and more.StayTuned Digital is a new startup trying to help video creators and publishers push their content to multiple platforms.The company, which bills itself as “content’s best friend,” is officially unveiling its product today and announcing that it’s raised $2.5 million in funding.StayTuned was founded by CEO Serge Kassardjian (previously the global head of media app business development for Google Play) and Randy Jimenez (previously CTO at SinglePlatform).Kassardjian told me he saw the need for a product like this during his time at Google, when he would talk to content creators becoming “overwhelmed” by the fragmentation across all the different devices and platforms available to them.“What’s happened is every single one of the platforms is releasing new formats, new ways to optimize, it’s constantly changing every couple of months,” Kassardjian said.
SendFriend, a US-based blockchain-powered remittance service, announced it has raised US$1.7 million in total capital to better enable overseas Filipino workers to securely transfer US dollars to Philippine pesos at the lowest rate available.The funding comes from MIT Media Lab, Barclays, Mastercard Foundation, Ripple, Techstars, Mahindra Finance, 2020 Ventures, and 8 Decimal Capital.SendFriend claims it is the “smartest” way to send money to the Philippines from the US.The company plans to use the fresh capital to build its team, increase marketing efforts, and focus on community engagement.SendFriend offers users 65 percent lower fees than the industry average as it replaces the frictions and fees of the banking system by leveraging on blockchain startup Ripple’s xRapid technology.
Software is eating the world, and today a startup that’s taking this maxim to the world of telecoms has raised a big round of funding as it comes out of stealth.Ido Susan, the co-founder and CEO, said that it’s already working with seven tier-one carriers, although he would not name them for now.The lack of outside funding is also due to the fact that Susan and his co-founder, Hillel Kobrinsky, are repeat entrepreneurs with successful exits who had been self-funding the company to some extent.Susan had co-founded Intucell, a “self-optimising network” startup that sold to Cisco for $475 million in 2013; while Kobrinsky founded web conferencing startup Interwise, acquired by AT for $121 million.As Susan explains it, DriveNets is not trying to convince carriers — be they mobile, fixed or cable — to rip out all of their legacy equipment to update to cloud solutions.“Carriers buy equipment every year,” he said in an interview.