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NJEDA Hosts Diversity Finance Advisory Board Meeting, Convening Diverse Group of Entrepreneurs and Investors

American Entrepreneurship

March 5, 2024) – The New Jersey Economic Development Authority (NJEDA) held the first in-person meeting of the Diversity Finance Advisory Board (DFAB) last week, bringing together a diverse group of investors, entrepreneurs, and mentors for presentations and networking sessions.

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Governor Murphy Announces Proposed Fintech Accelerator in Hoboken

American Entrepreneurship

Pending approval by its Board, the NJEDA intends to invest up to $17.5 With a focus on fintech, NJ FAST will support the growth of new types of companies and career opportunities, expanding New Jersey’s influence in the national finance and fintech industries. “NJ million in the fintech accelerator.

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Virtual Incision Extends Series C Round with Additional $30M Funding

American Entrepreneurship

. – September 19, 2023 – Virtual Incision Corporation , the developer of the world’s first miniaturized robotic-assisted surgery (RAS) system, today announced a $30 million extension to its previous $46 million Series C financing. The investment will be used to support this mission through a gynecologic clinical study planned for 2024.

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Petal raises $35M, spins off data unit ‘to bring credit scores into the 21st century’

TechCrunch

Specifically, Petal offers what it describes as “modern” Visa credit cards, along with a mobile app, designed to help people “responsibly” build credit and manage their finances. By year’s end, it was up to $80 million, and Rosen is projecting that Petal will become profitable sometime in 2024. Want more fintech news in your inbox?

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Mushroom protein company Meati Foods opens ‘mega’ facility; closes $22M in new funding

TechCrunch

The 100,000-square-foot facility was financed in part by a $150 million Series C round of capital raised last year and a brand new extension round of $22 million. This will enable Meati to produce an annual rate of tens of millions of pounds by late 2023. With the new facility and funding, Meati is on par to reach that sales rate.

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Data intelligence startup Near, with 1.6B anonymized user IDs, lists on Nasdaq via SPAC at a $1B market cap; raises $100M

TechCrunch

The last several months, however, have seen the IPO market virtually shut down alongside a massive drop in technology stocks across the board and a wider downturn in tech investing overall, even in much smaller, earlier-stage startups. At the time Near was reportedly aiming at a valuation of between $1 billion and $1.2 Image Credits: Near.

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Kaiseki

Entrepreneur's Handbook

Depositors didn’t want to f**k around and find out whether Silvergate in any way, shape, or form enabled (or even just knew about) the dodgy and potentially illegal activity emanating from FTX. Program Duration: Advances can be requested under the Program until at least March 11, 2024. Then, March 2024 rolls around.