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Vivid Money raises $17.6 million for its European challenger bank

TechCrunch

German fintech startup Vivid Money has raised a $17.6 million Series A funding round (€15 million). Today’s funding round gives Vivid Money a valuation of $117 million (€100 million). Vivid Money is quite a young startup, as the company started accepting customers just a few months ago.

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Is it so bad to take money from Chinese venture funds?

TechCrunch

Denis Kalinin works at venture fund Runa Capital as Asia Business development manager, devoted to connecting the Western and Asian VC worlds and bringing long-term value to both. and 11 years in Germany. and 11 years in Germany. In which areas can Chinese funds bring the most value? funds, but three times that of U.K.

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DeepDotWeb operator sentenced to eight years for money laundering

The Verge

In the culmination of a two-year legal process, the former operator of dark web index site DeepDotWeb was handed a sentence of 97 months in prison for money laundering on Tuesday. These payments were reportedly converted to fiat currency and sent to bank accounts he controlled in the name of shell companies set up to launder the funds.

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Real-time soil-testing agtech startup Stenon raises $20M Series A funding round

TechCrunch

Stenon , an agtech company that has a real-time soil-sensing solution, has raised a $20 million Series A funding round from Founders Fund, David Friedberg’s The Production Board and existing investors including Cherry Ventures and Atlantic Labs. The Stenon technology is patented, certified and live in 20 countries.

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Cledara, the SaaS purchase and management platform, raises $3.4M funding

TechCrunch

million in additional funding. Founded in July 2018 by Cristina Vila, after she experienced the SaaS management problem first-hand while working at London fintech Dopay, Cledara has developed software to let companies track and manage their SaaS usage and spending, including analytics to help understand if it is money well-spent.

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Patreon suspends NGO account collecting money for Ukrainian military

The Verge

Patreon says it’s suspended the crowdfunding page for “Come Back Alive,” a Ukrainian NGO that was collecting money to support the the country’s military in response to Russian aggression. Come Back Alive’s page said that funds would be used to train soldiers, as well as provide technical equipment, according to Patreon’s blog post.

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Filing: Instant grocery startup Gopuff to raise $1B on a $15B post-money valuation

TechCrunch

Gopuff , the “instant” grocery delivery startup that has been on an acquisition and expansion tear in the last several months to scale its business, is also racing to raise money to fuel those efforts. For some funding context, it was only in March that Gopuff raised $1.15 billion in funding in the space of 10 months.

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