William_Potter/iStock via Getty Images An income portfolio depends on quality reliable dividend paying companies that also give yearly raises. 5 companies in Rose’s Income Garden portfolio gave April raises that are discussed and my take along with a Rose recommendation is made for owning them. They are all from different sectors that include consumer staples,…
Richard Drury Rose’s Income Garden Portfolio Rose’s Income Garden “RIG” portfolio ended March with 83 stocks from all 11 sectors with a goal to keep a majority of income from defensive quality investment-grade common stock. The other investments and especially the financial sector has high yield (HY), business development companies (BDCs), a few mREITs, preferred…
onurdongel GIC Searches For Stability I have been discussing Global Industrial Company (NYSE:GIC) in the past, and you can read the latest article here, published on January 9. The company continues strengthening its e-commerce sales channels and traditional marketing efforts. Its competitive pricing initiatives, including actions to lower freight costs and promotion, should gradually improve…
Global banking giant Standard Chartered has upped its bitcoin price prediction for the end of 2024 to $150,000, a significant increase from its previous forecast of $100,000. In a new report, Standard Chartered analysts cited strong inflows into recently launched spot bitcoin ETFs in the U.S. as a primary driver of their bullish outlook. The…
BlackJack3D Deals and Financings Shenzhen EurekaBio closed a $40 million Series B+ funding to support the commercialization of its EuLV™ Lentiviral Vector Production System, a technology that the company believes could transform large-scale production of lentiviral vectors. The system is based on stable cell lines and a serum-free suspension system. Eureka believes its novel technology…
Pioneering bitcoin wallet company Oyl has secured a $3 million pre-seed investment from a variety of investors, including UTXO Management and Domo, the creator of the BRC-20 token standard. The investment marks a noteworthy shift in cryptocurrency investment trends, with several Ethereum NFT funds making their first foray into a bitcoin-centric business. Arca, which led…
ALIOUI Mohammed Elamine/iStock via Getty Images Deals and Financings ArriVent BioPharma (AVBP), a Philadelphia in-licensing company, priced its upsized NASDAQ IPO at $18 per share, raising $175 million (see story). The company’s stated goal is to find promising novel assets from China and other countries, which it brings to the US market. ArriVent’s lead product…
The first “seed” round in 2021 raised around $1 million, while the “growth” round carried out later concluded in June 2023 accounted for the remaining $6 million. According to a report by The Block, Bitfinity, an emerging blockchain project building a Bitcoin Layer 2 network, has secured a total of $7 million in funding over…
The team announced 4236% oversubscription on DOJO launchpad. DojoSwap, the first native Automated Market Maker (AMM) Launchpad on Injective has completed its public sale to continue to build the biggest DeFi ecosystem on the Injective blockchain. The protocol announced on Thursday that it raised $25 million from its recent public sale of 635,000 INJ tokens….
Finoa’s funding round, initially targeting $5-6 million from existing investors, surpassed expectations amid external investor interest driven by the firm’s recent profitability. Finoa, a Germany-based crypto custodian and staking services provider catering primarily to institutional clients, has successfully raised $15 million in a strategic funding round. Maven 11 Capital and Balderton Capital co-led this investment…
Newly launched Bitcoin tokens platform BRC20.com has raised $1.5 million in funding led by UTXO Management, the asset management arm of Bitcoin Magazine’s parent company BTC Inc. The round included support from Zanshin Capital Management, Unbroken Chain, One Block Capital, Sora Ventures, OWL Ventures, Bitcoin Frontier Fund, Hamble and New Tribe Capital. The investment comes…
Natee127 Investment Thesis OppFi (NYSE:OPFI) is a financial technology company that helps people with limited access to traditional banking by providing them with affordable and transparent lending options. They offer loans online, focusing on individuals who may not have a strong credit history or face challenges in obtaining loans from traditional banks. OppFi has the…
Tap Protocol seeks to continue building new Bitcoin applications, ranging from fractionalization of Ordinals art and token functions for gaming applications. Trac Systems, a German-based company and the parent entity of Tap Protocol, recently announced the completion of a funding round where it pulled the sum of $4.2 million from investors. The funding round was…
Stateless roll-up Versatus LASR represents a pure execution environment that relocates compute processes off-chain without the inherent responsibilities or expenses tied to maintaining state and storing data. On Wednesday, December 6, peer-to-peer Web Services protocol Versaturs Labs announced its successful fundraising of $2.3 million with key investors being Republic Crypto and NGC Ventures. The fundraise…
Kristen Prahl What a difference a month makes! The market was down significantly at the end of October, and bargains were popping up everywhere. Only a month later, down days have been few and far between, with the market looking for reasons to keep moving higher. It’s been great for watching the portfolio balances, but…
Saturn, a non-custodial peer-to-peer orderbook for satoshis, has successfully concluded its pre-seed funding round, securing over $500,000 in investments, according to a press release sent to Bitcoin Magazine. This raise was accomplished under the leadership of venture capital firm Big Brain Holdings, alongside the valued participation from UTXO Management, Kelsier Ventures, BOOGLE Syndicate, and various strategic…
Taproot Wizards seeks to bring together developers to build different applications and solutions on top of the Bitcoin Base layer that will maximize the potential of the Taproot upgrade carried out in 2021 To strengthen the innovations in the world of Bitcoin, Taproot Wizards secured new funding to further develop the BTC ecosystem. The successful…
With the recently secured Series B funding, Fnality is poised to continue its pioneering work in the tokenization of fiat currencies backed by Central Bank cash. Fnality, a fintech firm focused on building tokenized versions of major currencies collateralized by cash held at central banks, has successfully secured $95 million in its Series B funding…
Blockaid’s primary objective is to protect users from a range of security threats, including fraud, phishing, and hacking. Blockaid, a blockchain security startup, and partner of the popular MetaMask crypto wallet has secured $33 million in a Series A funding round, led by prominent industry venture capital firms, including Coinbase investor Ribbit Capital and early-stage…
In light of its stellar performance and the resilience displayed in the face of challenges, Philips looks to uphold its commitment to creating enduring value and delivering sustainable impact in the long term. Philips, a prominent Dutch health technology company, has exceeded market expectations in its 2023 third-quarter performance, leading to an upward revision of…
Kokusai’s IPO appears promising and may become a reference point for new listings in the future. Chip equipment maker Kokusai Electric has raised $724.4 million after pricing its shares at 1,840 yen each in its IPO. Kokusai Electric spun out of Hitachi Kokusai Electric Inc. which KKR bought in 2017. The current share offerings put…
Birkenstock shares did not maintain its debut price as it plunged on its first trading day despite growing popularity. German shoe manufacturer Birkenstock Holding Plc (NYSE: BIRK) saw its shares lose more than 12% on its first day of trading on the New York Stock Exchange (NYSE). Birkenstock shares closed on Wednesday at $40.20 per…
OPEC strongly criticized the IEA’s forecast of peak fossil fuel demand before the decade’s end, labeling the IEA’s narrative as “extremely risky,” “impractical,” and “ideologically driven”. OPEC has revised its medium- and long-term projections for global oil demand upward. The oil-producing consortium stated that meeting this increased demand would necessitate a substantial $14 trillion investment…
In a significant development for the Bitcoin Ordinals ecosystem, OrdinalsBot has successfully procured more than $1 million in seed funding. Founded only earlier this year, on February 7, 2023, the platform quickly set itself apart by becoming the premier automated inscription service in this niche sector. Through its groundbreaking features, OrdinalsBot is democratizing access to…
According to Founder and CEO Ben Leventhal, the amount raised will be focused on scaling the firm’s operations. Blackbird Labs, the team behind Web 3.0 restaurant loyalty platform Blackbird has completed a $24 million Series A funding round. According to a report by TechCrunch, the round was led by Andreessen Horowitz but also saw participation…
DKosig/iStock via Getty Images Investment Thesis InterDigital (NASDAQ:IDCC) is a research and development company primarily focused on wireless, visual, and related technologies. Its revenues came from the licensing of its patents. As we surmise this analysis, what stands before us is a less than straightforward thesis, with enough bullish and bearish arguments for both sides…
Earlier this year, AlphaSense closed a Series D funding round with $100 million. AlphaSense, an artificial intelligence (AI) company with years of experience in developing products that are used by the majority of S&P 500 companies, has announced the closure of a Series E funding round with $150 million secured at a total valuation of…
AnchorWatch, a leading insurer specializing in safeguarding Bitcoin holdings for commercial entities, announced a successful $3 million funding round today. The round was led by Ten31, with notable participation from Axiom BTC, Bitcoin Magazine Fund, Timechain, Bitcoin Opportunity Fund, and other investors. The infusion of capital will empower AnchorWatch to fulfill regulatory requirements and capital needs,…
Blockchain Capital’s Head of Capital Formation Jason Di Piazza stated that most of the firm’s limited partners are traditional institutional investors. Crypto venture capital (VC) firm Blockchain Capital has raised $580 million for two new funds. The raise is Blockchain Capital’s largest to date and one of the biggest crypto-focused raises this year. We’re thrilled…
Receive free Social affairs updates We’ll send you a myFT Daily Digest email rounding up the latest Social affairs news every morning. The internet is moving from an age of prurience to one of protection. A sudden rush of age-verification laws designed to stop children from accessing explicit content is about to change the way…
Journalism has been getting an ill rep. A survey held by the communications firm Edelmann has found that trust in the media in the UK was at 35% and 37% in 2021 and 2022, while trust in the media in the US was only a few basis points ahead, with 39% and 43%, respectively. The…
Within the funding round, Animoca Brands issued Simple Agreements for Future Equity (SAFEs) priced at A$4.50 each and offered a free-attaching utility token warrant on a 1:1 dollar basis to the participants. Hong Kong-based game software company Animoca Brands Corporation Ltd has raised as much as $20 million (approximately A$31.3 million) in a funding round led…
d-Matrix’s innovative chip designs have been gaining recognition, particularly for their effectiveness in powering generative AI applications like ChatGPT. d-Matrix, a rising star in the artificial intelligence (AI) chip industry, has successfully secured a significant $110 million in a series B funding round, with substantial support from heavyweight investors, including tech giant Microsoft Corp. This…
D3 Global, an emerging domain name company, closed a $5 million seed funding round led by Shima Capital. D3 aims to transform domain names into the foundational layer of the internet and bridge Web2 and Web3 with secure digital identities. On September 5th, the emerging domain name company D3 Global announced the successful closure of…
AI21 Labs is planning to use the money raised for developing AI products that will compete with ChatGPT developer OpenAI and AI safety and research company Anthropic. AI21 Labs, a Tel Aviv-based AI lab and product startup, has raised $155 million in a Series C funding round that was led by such companies as Walden Catalyst Management…
Redwood Materials said that it’s committed to the use of recycled materials, and will also engage in refining and manufacturing activities. On Tuesday, August 29, the battery and e-waste recycling startup Redwood Materials raised a staggering $1 billion in the latest funding round to expand the recycling operations in the US. Former Tesla Chief Technology…
Apollo.io has grown to a respectable B2B platform with over 3 million global customers hence its revenue up more than nine times in the past two years. Leading all-in-one sales intelligence platform Apollo.io has announced the closure of its Series D funding round with about $100 million secured. According to the announcement, the just concluded…
BitGo, a leading Bitcoin and cryptocurrency custody firm, announced on Wednesday that it has successfully raised $100 million in its Series C financing round, bolstering its valuation to $1.75 billion. The funds will be allocated to amplify BitGo’s secure and regulated custody, wallet, and infrastructure solutions on a global scale and to facilitate strategic acquisitions. “Not only…
Following to the progress achieved in Q2, Rivian is expecting to raise its previous full-year production guidance from 50,000 units to 52,000 units. Electric vehicle maker Rivian Automotive Inc (NASDAQ: RIVN) has released its Q2 2023 earnings, delivering great results and beating experts’ expectations. Besides, Rivian reduced its losses and increased gross profit per vehicle. With…
Eli Lilly’s success can be ascribed in part to its promising medical pipeline and strategic acquisitions. American pharmaceutical company Eli Lilly and Co (NYSE: LLY) has reported an impressive surge in profits during the second quarter of 2023, leading to a significant increase in its full-year outlook. The company’s quarterly financial report, released earlier today,…
The round follows approval for Neuralink’s first human trials received by the startup from the US Food and Drugs Administration (FDA) in May. Neuralink Corp, Elon Musk‘s startup that focuses on brain-machine interfaces to provide solutions for those with paralysis, has closed a $280 million funding round. The funds raised will be used to further develop its N1…
With falling commodity prices, BP and other oil giants faced significant headwinds taking a major hit on its profits during Q2 2023. On Tuesday, August 1, oil giant British Petroleum (LON: BP) reported a 70% drop in profits for Q2 2023 on the backdrop of weaker fossil fuel prices. BP in Q2 2023 BP, the…
The funding comes at a time when investment in the crypto ecosystem is becoming scarce. Layer 2 data storage project EthStorage has raised $7 million in its seed funding led by crypto investment fund dao5. The round saw the participation of Foresight Ventures, Galxe, Gate Ventures, SevenX Ventures, and Sky9 Capital. Avant Blockchain Capital, Cloud…
Bipa, a Brazilian startup aiming to simplify financial transactions through Bitcoin, has announced the successful closure of its seed investment round, raising R$8 million (approximately $1.4 million). Notable investors include New Form Capital. a venture capital fund focused on early-stage startups involved with blockchain technology and the financial market and Hivemind Ventures, which invests in…