Naval Ravikant

Andalusia Labs Secures $48 Million in Series A Funding at $1 Billion Valuation, Opens Global HQ in Abu Dhabi

Retrieved on: 
Wednesday, December 13, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231213003404/en/
    Andalusia Labs Secures $48 Million in Series A Funding at $1 Billion Valuation, Opens Global HQ in Abu Dhabi (Photo: AETOSWire)
    In conjunction with the round, Andalusia Labs announced the establishment of its global headquarters in Abu Dhabi’s Financial Center, Abu Dhabi Global Markets.
  • “Andalusia Labs is addressing one of the most significant challenges in the blockchain industry today," said Ravi Mhatre, Partner at Lightspeed Venture Partners.
  • Andalusia Labs intends to utilize the funds to accelerate product development, enhance institutional partnerships, and continue global expansion.
  • The opening of their global headquarters in Abu Dhabi will catalyze their global scaling efforts and strategically position the company for unparalleled growth.

The Fifth Annual Milken Institute Middle East and Africa Summit Returns to Abu Dhabi

Retrieved on: 
Thursday, December 7, 2023

The Milken Institute’s fifth annual Middle East and Africa (MEA) Summit will take place December 7-8, 2023 at the Rosewood Hotel Abu Dhabi.

Key Points: 
  • The Milken Institute’s fifth annual Middle East and Africa (MEA) Summit will take place December 7-8, 2023 at the Rosewood Hotel Abu Dhabi.
  • "This year’s Middle East and Africa Summit will focus on solutions to some of the challenges in the region that have global import," said Richard Ditizio , CEO of the Milken Institute.
  • The Milken Institute has a long-standing commitment to advancing solutions to global issues, and the MEA Summit is a testament to that commitment.
  • The Milken Institute will live-stream the Middle East and Africa Summit public sessions, expanding access to the event.

Flyby Launches Food Drone Delivery With Nekter Juice Bar, Salad Collective, & Other Food Retailers Closes $4M Pre-Seed

Retrieved on: 
Wednesday, April 5, 2023

LOS ANGELES and PHOENIX, April 5, 2023 /PRNewswire/ -- Today Flyby Robotics, the end-to-end drone automation and delivery company, announced that they have raised $4M in pre-seed investment funding. The round was led by MaC Venture Capital, with participation from Weekend Fund, Anthemis, and Evening Fund. Other strategic investors include Naval Ravikant, (Co-Founder of AngelList); Balaji Srinivasan, (Finance and former CTO of Coinbase); Karen Pritzker, Gaingels, Ryan Hoover (Founder at Product Hunt); and Cliff Sirlin (Managing Director at LaunchCapital).

Key Points: 
  • Flyby Robotics is building end-to-end automation for drone delivery.
  • This news comes alongside their pilot launch and a series of active partnerships with food retailers and innovative snack brands across the US.
  • The first cohort of live retailers include smoothies from Nekter Juice Bar , salad from MAD Greens, sushi from Tokyo Joe's , and crunchy shiitake mushroom chips from Popadelics .
  • During the live pilot, customers from participating retailers are able to order drone delivery for just $3, and experience delivery times averaging under 4 minutes.

Chaos Labs Raises $20M in Seed Funding Led by Galaxy and PayPal Ventures to Automate On-Chain Risk Optimization

Retrieved on: 
Tuesday, February 21, 2023

NEW YORK and TEL AVIV, Israel, Feb. 21, 2023 /PRNewswire/ -- Chaos Labs, the first highly automated economic security system for crypto protocols, today announced that it has raised $20M in seed funding led by Galaxy and PayPal Ventures, with participation from Coinbase, Uniswap, Lightspeed, Bessemer, Hashkey and top angels such as Balaji Srinivasan and Naval Ravikant. Chaos Labs will use the funding to expand its offerings and build out its suite of risk and security products. In its first year of operations, Chaos Labs has partnered with major Decentralized Finance ("DeFi") customers, including Aave, Chainlink, Uniswap, BENQI, and Osmosis, to secure and optimize the protocols against manipulation and black swan market events, while also offering capital optimization recommendations.

Key Points: 
  • Chaos Labs will use the funding to expand its offerings and build out its suite of risk and security products.
  • Chaos Labs Risk Solution Platform:
    Chaos Labs' risk suite can help protect DeFi protocols of all structures from malicious attacks with preventative measures and monitoring tooling.
  • The Aave community approved Chaos Labs to engage the protocol for enhanced Aave V3 risk optimization and mitigation.
  • "Chaos Labs addresses this by arming protocols, investors, and users with a suite of risk management and optimization tools to protect against these vulnerabilities.

Monad Labs closes 19M Seed Funding Round Led by Dragonfly Capital

Retrieved on: 
Tuesday, February 14, 2023

CHICAGO, Feb. 14, 2023 /PRNewswire/ -- Monad Labs, the team supporting the high-performance Monad blockchain, today announced the closing of a $19 million seed funding round led by Dragonfly Capital. The round saw additional participation from 70 investors, including Placeholder Capital, Lemniscap, Shima Capital, Finality Capital, as well as notable angel investors in the space such as Naval Ravikant, Cobie, and Hasu – amongst others.

Key Points: 
  • CHICAGO, Feb. 14, 2023 /PRNewswire/ -- Monad Labs, the team supporting the high-performance Monad blockchain, today announced the closing of a $19 million seed funding round led by Dragonfly Capital.
  • "Monad Labs is building the smart contract platform with the performance needed to truly unlock the transformative power of decentralized computation," said Keone Hon, Co-Founder & CEO of Monad Labs.
  • Through this investment, Monad Labs will be able to further its commitment to building the next level of Layer1 smart contract platforms with Monad.
  • Haseeb Qureshi, Managing Partner at Dragonfly Capital, commented on the raise: "We're excited to lead Monad's seed round.

DARWINIUM, A NEXT-GENERATION FRAUD AND SECURITY PLATFORM, SECURES AN INITIAL $10 MILLION FUNDING ROUND

Retrieved on: 
Thursday, November 3, 2022

SAN FRANCISCO, LONDON and SYDNEY, Nov. 3, 2022 /PRNewswire/ -- Darwinium, a pioneering new Customer Protection Platform, has today announced a seed funding round of $10 million USD led by Blackbird alongside Airtree, both Australian headquartered Venture Capitalist firms. The initial funding round, raised to elevate the global launch of the company into the security and fraud sector, will be targeted towards both product and customer expansion. Additional funding was supported by several prominent angel investors including Naval Ravikant and Jeff Fagnan.

Key Points: 
  • The initial funding round, raised to elevate the global launch of the company into the security and fraud sector, will be targeted towards both product and customer expansion.
  • The company was founded by Alisdair Faulkner, CEO of Darwinium and former Chief Product Officer of ThreatMetrix, which was acquired for $817 million in 2018.
  • Alongside this, the security and fraud divisions of these businesses are operating in siloes which leaves them wide open to attacks.
  • It requires a joined-up system that allows proper collaboration between digital security and fraud via one singular view."

DARWINIUM, A NEXT-GENERATION FRAUD AND SECURITY PLATFORM, SECURES AN INITIAL $10 MILLION FUNDING ROUND

Retrieved on: 
Thursday, November 3, 2022

SAN FRANCISCO, LONDON and SYDNEY, Nov. 3, 2022 /PRNewswire/ -- Darwinium, a pioneering new Customer Protection Platform, has today announced a seed funding round of $10 million USD led by Blackbird alongside Airtree, both Australian headquartered Venture Capitalist firms. The initial funding round, raised to elevate the global launch of the company into the security and fraud sector, will be targeted towards both product and customer expansion. Additional funding was supported by several prominent angel investors including Naval Ravikant and Jeff Fagnan.

Key Points: 
  • The initial funding round, raised to elevate the global launch of the company into the security and fraud sector, will be targeted towards both product and customer expansion.
  • The company was founded by Alisdair Faulkner, CEO of Darwinium and former Chief Product Officer of ThreatMetrix, which was acquired for $817 million in 2018.
  • Alongside this, the security and fraud divisions of these businesses are operating in siloes which leaves them wide open to attacks.
  • It requires a joined-up system that allows proper collaboration between digital security and fraud via one singular view."

Floating Point Group and ML Tech Partner to Deliver Advance Crypto Trading Strategies for Institutional Traders

Retrieved on: 
Thursday, October 13, 2022

HOBOKEN, N.J., Oct. 13, 2022 /PRNewswire/ -- Floating Point Group (FPG), a cryptocurrency prime brokerage, is partnering with ML Tech , a non-custodial investment management and trading platform.

Key Points: 
  • HOBOKEN, N.J., Oct. 13, 2022 /PRNewswire/ -- Floating Point Group (FPG), a cryptocurrency prime brokerage, is partnering with ML Tech , a non-custodial investment management and trading platform.
  • FPG will provide seamless access and monitoring of ML Tech's Algorithmic Trading Strategies from within FlowVault, FPG's cryptocurrency settlement and transfers platform for exchange-based trading.
  • "Institutional investors are looking for new sources of uncorrelated alpha in crypto markets," said Leo Mindyuk, Co-Founder of ML Tech.
  • "Our partnership with Floating Point Group provides investors access to a curated selection of institutional-quality quantitative trading strategies managed by ML Tech within a secure FlowVault environment.

Floating Point Group Partners with The Tie to Deliver Research to Institutional Crypto Investors

Retrieved on: 
Thursday, September 22, 2022

HOBOKEN, N.J., Sept. 22, 2022 /PRNewswire/ -- Floating Point Group , a cryptocurrency prime brokerage, partnered with The Tie to deliver research to The Tie Terminal , the fastest and most comprehensive workstation for institutional digital asset investors.

Key Points: 
  • HOBOKEN, N.J., Sept. 22, 2022 /PRNewswire/ -- Floating Point Group , a cryptocurrency prime brokerage, partnered with The Tie to deliver research to The Tie Terminal , the fastest and most comprehensive workstation for institutional digital asset investors.
  • This trading team will deliver to The Tie quantitative insights and technology deep-dives with actionable insights on trading, DeFi apps, as well as custody and wallet security.
  • Floating Point Group is backed by Tribe Capital, Coinbase Ventures, FAST by GettyLab, Borderless Capital, CapitalX, Formulate Ventures, BoxOne Ventures, Seabury Global Markets, AngelList's Naval Ravikant, and a host of angel and institutional investors.
  • The Tie Terminal is the fastest and most comprehensive workstation for institutional digital asset investors.

Crypto Prime Broker Floating Point Group Appoints Chris Hazelton as Director of Marketing

Retrieved on: 
Tuesday, September 20, 2022

HOBOKEN, N.J., Sept. 20, 2022 /PRNewswire/ -- Floating Point Group (FPG), a cryptocurrency prime brokerage with an institutional trading desk and settlement platform announced that Chris Hazelton has joined as Director of Marketing.

Key Points: 
  • As the first marketing hire, the addition sets a foundation with strong crypto and cybersecurity marketing experience
    HOBOKEN, N.J., Sept. 20, 2022 /PRNewswire/ -- Floating Point Group (FPG), a cryptocurrency prime brokerage with an institutional trading desk and settlement platform announced that Chris Hazelton has joined as Director of Marketing.
  • Hazelton has more than fifteen years of experience in marketing and market research, the last seven of which he spent leading product marketing for crypto and cybersecurity services.
  • As Director of Marketing Hazelton will drive FPG's brand-building and market leadership across demand generation, content, PR, social, and product marketing.
  • "Blockchain and cryptocurrency companies are remarkably unsuccessful as a cohort in communicating what they do," said Kevin March, Co-Founder of Floating Point Group.