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"Recent Funding Rounds Showcase Growth in Renewable Energy and DeFi Startups"

Tue, 05 Nov 2024, 03:15 am UTC

Glow, a solar company that uses blockchain technology, has raised $30 million in a recent funding round. This round was mainly led by Framework Ventures and Union Square Ventures. The announcement, made on October 31, 2024, emphasizes Glow's goal of using decentralized systems to provide solar energy instead of traditional electricity from the grid.

Investors- FrameWork ,USV

Ellipsis Labs

Amount Raised: $21 million

Date: November 1, 2024

Lead Investor: Haun Ventures

Ellipsis Labs is a startup based in New York that is working on new products in the decentralized finance (DeFi) sector. The company wants to build a strong and sustainable foundation for finance using its apps and infrastructure.

Citrea

Amount Raised: $14 million

Date: October 31, 2024

Stage: Series A

Lead Investor: Founders Fund (Peter Thiel)

Sapien

Funding Amount: $10.5 million

Date Announced: October 30, 2024

Lead Investor: Variant

Other Investors: Yield Guild Games, Animoca Ventures, Primitive Ventures, HFØ

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Great article. Requesting a follow-up. Excellent analysis.

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Great article. Requesting a follow-up. Excellent analysis.
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