Wednesday’s startup news was filled with exciting updates from various industries. From Fluidity’s new blockchain platform to Windfall Bio’s funding round, here’s a roundup of the top stories.
Fluidity Launches New Blockchain Platform
Fluidity, a blockchain technology company, announced the launch of its new platform called Fluidity Factora. The platform aims to simplify the process of creating and managing security tokens. It will allow users to tokenize assets such as real estate, art, and other physical assets. The platform will also provide a secondary market for these tokens, allowing investors to trade them easily.
Indeed Acquires Syft
Job search website Indeed announced its acquisition of Syft, a UK-based startup that connects employers with temporary staff. Syft uses an app to match employers with workers for short-term contracts. The acquisition will allow Indeed to expand its presence in the UK and offer more flexible job opportunities to its users.
Tron Acquires DLive
Blockchain-based platform Tron announced its acquisition of DLive, a live streaming platform. DLive has over 5 million monthly active users and allows content creators to earn revenue through donations from viewers. The acquisition will help Tron expand its reach in the gaming and esports industries.
Virgin Orbit Successfully Launches Rocket
Virgin Orbit, a satellite launch company, successfully launched its LauncherOne rocket into space on Wednesday. The rocket carried 10 small satellites for NASA’s Educational Launch of Nanosatellites (ELaNa) program. Virgin Orbit plans to offer affordable and flexible satellite launch services to customers in the future.
Windfall Bio Raises $10 Million in Funding
Windfall Bio, a biotech startup that uses machine learning to develop new treatments for diseases, announced it raised $10 million in funding. The funding round was led by Bullpen Capital and includes participation from other investors. Windfall Bio plans to use the funds to advance its drug discovery programs.
In conclusion, Wednesday’s startup news was filled with exciting updates from various industries. From Fluidity’s new blockchain platform to Windfall Bio’s funding round, these startups are making headlines and pushing the boundaries of innovation.
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