financing

The cross-chain trading platform Cancore, built on the Canton network, has completed a $7.2 million seed round financing. This round of financing was conducted through a Simple Agreement for Future Tokens (SAFT), corresponding to a fully diluted valuation (FDV) of $60 million for its planned CNRX token.This round of financing was participated in by Paper Ventures, dao5, ArkStream Capital, X Ventures, MH Ventures, and Proof of Talk, with Paper Ventures and dao5 receiving the largest shares. Cancore co-founder and CEO Wasif Rashid stated that the company began reaching out to investors in June of this year, officially launched the financing in July, and completed it in mid-September.

The United States provides $5 billion in financing to Constellation to enhance nuclear power generation.

According to official news, the on-chain compliance platform Predicate announced the completion of an $8 million Series A financing round, led by Blockchain Capital, with participation from Paxos, 1kx, and Tribe Capital.Predicate primarily provides pre-trade compliance review and risk control for stablecoins, tokenized assets, and other on-chain financial products, supporting the restriction of high-risk addresses and sanctioned transactions.

Grvt has subscribed to the tokenized financing notes arranged by the Hong Kong subsidiary of Mirae Asset Securities, one of South Korea's largest brokerages, as the first step in the cooperation between the two parties.Grvt stated that it plans to integrate the relevant exposure into its wealth management feature Grvt Earn. In the future, both parties will also explore products such as tokenized government bonds, corporate bonds, and ETFs. Grvt indicated that products like tokenized government bonds are only potential directions and not confirmed for launch, depending on regulatory and internal approvals.

Meta Platforms stated that the company plans to raise funds through stock issuance to support investments in the field of artificial intelligence, increasing the financing scale from $95 billion to $97.5 billion.Meta has raised the scale of common stock issuance from $22.5 billion to $25 billion, with the total financing amount potentially reaching approximately $103 billion.

According to TechCrunch, AI computing startup General Compute has completed a $100 million Series A funding round, led by Blackbird Ventures and Abstract Ventures. The company's post-investment valuation has reached $800 million, a significant increase from $60 million after the seed round in May this year.Currently, General Compute focuses on AI inference computing, using specialized chips from competitors of NVIDIA, and has reached a $400 million chip procurement agreement with SambaNova. Other suppliers include Positron and Cerebras.

According to Cointelegraph, Luxor Technology, which provides full-stack computing power services, has completed a $16 million strategic financing round led by CMT Digital, with participation from Canaan, MicroBT, Halo, Steelhead, and several angel investors.Luxor plans to use the funds to expand its intelligent cloud platform, AI hardware business, and computing power derivatives trading capabilities, as well as to grow its team. The company originally served Bitcoin mining enterprises and is now expanding its GPU and AI server procurement business, aiming to seize opportunities arising from the integration of Bitcoin mining and AI computing power markets.

American construction robotics startup Bedrock Robotics announced the completion of a $600 million Series C financing round, with a post-money valuation of $4.1 billion, a significant increase from the $1.75 billion valuation during the financing in February of this year, bringing the total financing amount close to $1 billion.This round of financing was co-led by CapitalG and Emergence Capital, with participation from Valor Equity Partners, 8VC, NVIDIA's venture capital arm NVentures, Eclipse, Georgian, Perry Creek Capital, and Temasek.

The AI chip trading market and software startup Hyperbolic announced the completion of a $30 million A-1 round of financing, led by Walden Catalyst, with participation from Dell Technologies Capital, General Catalyst, Vista Equity Partners, and Cambium Capital. Hyperbolic has raised a total of $50 million to date.

According to reports from Lei Feng Network · Whale Rhino, the AI prediction engine company Prophetlab has completed tens of millions in seed round financing, jointly invested by institutions including Ivy Capital. The company was established less than four months ago, and its prediction engine, Prophet Engine, has topped the overall list of FutureX released by ByteDance Seed, receiving millions in commercial orders.Prophetlab's early project utilized AI large models to predict World Cup outcomes, successfully forecasting the final results and the top four teams, with some models achieving an accuracy rate of about 75%. The team consists of AI PhDs and FinTech Masters from domestic and international universities. Founding members have participated in the training of billion-scale models such as Alibaba's Qianwen and Tencent's Hunyuan, and have collaborated with Professor Yan Junchi's team from Shanghai Jiao Tong University in industry-academia-research cooperation. The company is about to release the Investor's Last Exam list, focusing on commercial predictions.

AI-driven on-chain infrastructure project Bullshot announced that it has completed a $7.7 million financing round. The project stated that this round of financing received support from investors, partners, and strategic supporters.Bullshot claims that it is building the next generation of AI-driven on-chain infrastructure, integrating token creation, trading, and autonomous AI agents within the same ecosystem. The project stated that this financing will strengthen its plans for ongoing construction and expansion on-chain.

Bank of America, Blackstone Group, Citigroup, and Morgan Stanley announced a partnership with Broadcom (AVGO.O) to establish a landmark $63 billion financing structure to support artificial intelligence computing capacity.

According to The Block, the Indian fintech platform Mochatrade, incubated by Y Combinator, has completed a $5.56 million financing round, led by CoinFund with participation from Coinbase Ventures. The company previously received pre-seed investments from Y Combinator and Pioneer Fund.Mochatrade offers perpetual contracts linked to U.S. stock prices for Indian traders, allowing users to deposit and trade in rupees via UPI, covering over 50 types of U.S. stock perpetual contracts as well as Pre-IPO stocks, commodities, indices, and crypto assets, with a maximum leverage of 50 times. The platform is built on Hyperliquid, utilizes non-custodial wallets, supports 24/7 settlement, and does not require overseas remittances.Mochatrade co-founder Chetan Manda told The Block that the platform is currently in the testing phase and plans to open to the public in the coming weeks. The company is advancing its registration with the Indian financial intelligence agency FIU-IND and is collaborating with local law firms to establish a compliance framework.

According to EU-Startups, the wealth management AI platform Nevis announced the completion of a €62 million (approximately $70 million) Series B funding round, led by EQT Ventures, with Charles Schwab and QuantumLight participating as new strategic investors, and existing investors such as Sequoia Capital, ICONIQ, and Ribbit Capital increasing their investments.Founded in 2024 and headquartered in London and New York, Nevis has raised a total of €98 million (approximately $110 million) after this funding round. The company claims that the assets managed by its clients exceed €625 billion (approximately $700 billion), and its AI agents have completed over 100,000 operational tasks.

Anthropic has secured an additional $77 billion in funding from Google, Amazon, and Broadcom. The financing agreement with Amazon is tied to computing power milestones, while the $20 billion commitment from Google is partially dependent on revenue targets. Google and Amazon have become the largest shareholders of Anthropic.

Artificial intelligence company Anthropic disclosed that 79% of the company's revenue comes from customers outside the top five clients, and no single client contributes more than 10% of total revenue. The company also acknowledged that it had significantly underestimated the demand for computing power in the past.In terms of financing, according to an agreement reached in April this year, Amazon will provide up to $20 billion in financing. Google has purchased 38.6 million shares of Class G-2 non-voting redeemable stock. Anthropic also stated that it has not yet reached any agreements on any significant acquisitions.

The U.S. SEC filings show that SpaceX has signed a binding primary financing lease commitment with Apollo Global Management.According to the agreement, Apollo will purchase GPU clusters and related equipment and lease them to SpaceX, with the total principal payments under the related lease arrangements expected to reach $40 billion.

According to CoinDesk, XRP treasury company Evernorth plans to raise approximately $80.7 million through a committed equity financing arrangement with a subsidiary of Cantor Fitzgerald, with funds intended for general corporate purposes, including the purchase of XRP. The company currently holds approximately 473 million XRP.Evernorth's SEC filing submitted on October 23 shows that the company has the right to sell up to approximately 5.219 million shares of newly issued common stock in batches to CF Principal Investments after meeting certain conditions. Based on the closing price of $15.46 per share on October 22, this corresponds to approximately $80.7 million; the actual financing amount depends on the number of shares sold and the transaction price, and does not represent completed financing or coin purchases.

London-based startup Nous announced the completion of a $17 million financing round, funded by Heartcore Capital and existing seed round investor Mosaic Ventures.Chalfen Ventures, Joyance Partners, and Bain Future Back Ventures also participated in this financing round. Angel investors include Tom Blomfield, co-founder of Monzo and GoCardless, Brent Hoberman from Founders Factory, and Marc Warner, co-founder of Faculty.

LinX HK, an AI recruitment technology brand targeting the Asian market, announced that it has completed a $4 million Pre-A round of financing, with institutional investors including Aipollo and Lingfeng Innovation Fund investing a total of $3 million, and individual investors contributing a total of $1 million. The funds will focus on the product and AI technology development of LinX HK's flagship product, Luminpath.Shuo Shan, co-founder of LinX HK, stated: "This round of financing provides LinX HK with support to further refine our product and technological capabilities. We hope to continue advancing the development of the AI job-seeking agent for Luminpath, helping users discover opportunities more efficiently, understand positions and companies, and face career choices with better preparation."According to reports, LinX HK is an AI recruitment technology brand aimed at the Asian market, with its flagship product being Luminpath. Luminpath is currently in the gray testing phase, providing AI-driven job-seeking support for users in scenarios such as job discovery, resume optimization, customized application materials, and application assistance within authorized scopes.