Remove babel
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Can Andreessen Horowitz prevent the next crypto winter?

TechCrunch

Digital asset manager Babel Finance scored $80 million in a Series B round from Jeneration Capital, 10T Holdings, Dragonfly Capital and others. Blockchain infrastructure provider StarkWare closed a $100 million Series D led by Greenoaks Capital and Coatue. DeFi personal finance app Pebble raised a $6.2 million seed round led by Y Combinator.

capital 105
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Number Three

Entrepreneur's Handbook

Some of the big names currently feeling the pressure from 3AC’s demise include Voyager, Celsius, BlockFi, and Babel Finance. These lenders, such as BlockFi, Babel Finance, Voyager, and Celsius eschewed prudent risk management policies in order to get as many loans out the door as quickly as possible.

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Extra Crunch roundup: 500 Startups’ demo day, smart SaaS pricing and much more

TechCrunch

This enterprise version of the Tower of Babel creates an opening for companies that offer “best practices as a service,” says Danny. “The next generation of SaaS software has to take those abecedarian building blocks and forcibly guide users to using those tools in the best possible way.”

SaaS 113
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Formant is solving the robotic Tower of Babel with a unified platform

TechCrunch

If you’re building a SaaS company or a web app, you’re not going to roll your own analytics solution — it’s specialized work with lots of edge cases, rabbit holes and, for most companies, it’s so far removed from the core platform, that it just doesn’t make sense.

SaaS 82
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Zipmex warns of looming economic recession, predicts crypto rebound in 2025

AsiaTechDaily

Meanwhile, Zipmex Thailand, which has Singapore’s Zipmez Asia Pte as a major shareholder, has been facing scrutiny in the past six months after Babel Finance, a Hong Kong-based crypto lender, was found to have lost roughly $280 million worth of Bitcoin and other tokens through failed proprietary trading of customers’ assets.

finance 83
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Crypto finance startup Amber Group raises $100M at $1B valuation

TechCrunch

In May, Babel Finance, another crypto asset manager based out of Hong Kong, secured $40 million in funding from a number of big-name institutional investors, including Amber’s investor Tiger Global. For them, seeing these more traditional and familiar names backing Amber helps make them more interested in joining Amber potentially.”

finance 110
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e3 Cohort Validating ideas

Innovation 2 Enterprise

Among them was a winner from the 2019 Love’s Entrepreneur’s Cup business plan and pitch competition , Babel Analytics based in Tulsa. Babel Analytics is creating an artificial intelligence enabled eye imager for primary care physicians to effectively identify and refer rare eye diseases.

health 52