Pakistani blockchain marketplace completes record $30M raise

Pakistani blockchain marketplace completes record $30M raise

With total funding of $37.8 million to date, Bazaar Technologies is among Pakistan’s most capitalized startups. Pakistani blockchain-powered business-to-business (B2B) marketplace, Bazaar Technologies, has secured $30 million in the country’s largest Series A round to date.Bazaar announced the closure of its latest raise on Aug. 24, revealing that th Silicon Valley-based Defy Partners and Singapore’s Wavemaker Partners had led the funding round.The round also saw participation from dozens of other investors, including Endeavor, LinkedIn, Japan’s Saison Capital, and existing investors Indus....


Related News

At $1 Trillion BTC Market Cap, Microstrategy Completes $1.05 Billion Raise

Software intelligence firm MicroStrategy netted more than $1 billion from its latest convertible notes offering. The post At $1 Trillion BTC Market Cap, Microstrategy Completes $1.05 Billion Raise appeared first on Bitcoin Magazine.

Blockchain Startup In Pakistan Dubbed Bazaar Secures $30 million In Funds

Bazaar Technologies, a Pakistani blockchain marketplace, successfully raised about $30M in Pakistani’s biggest Series A round. An announcement made by Bazaar states that August 24th will be the closing of its raise. It also reveals that Singapore’s Wavemaker Partners and Silicon Valley-based Defy Partners were the leaders of the funding round. Many other investors also participated in the funding round, including Japan’s Saison Capital, LinkedIn, Endeavor, and numerous present-day investors such as Alter Global and Indus Valley Capital. Related Reading | PayPal To....

Aquaculture Firm Completes Australia’s First IPO Raise Using Cryptocurrency

Almost 90% of West Coast Aquaculture's $3.6 million capital raise was via the stablecoin tether.

Microstrategy Completes $650 Million Capital Raise to Fund More Bitcoin Purch...

Microstrategy Inc. has raised $650 million from the sale of convertible senior notes so that it could buy more bitcoin. In a note to investors on Dec. 11, the business intelligence and mobile software firm said it completed the sale of $650 million in convertible bonds to private investors at 0.75% interest per year. The sale was closed just days after Microstrategy made the initial offer, which intended to raise $400 million. Microstrategy plans to use the net proceeds – about $635 million after expenses – to buy bitcoin (BTC). Should the company go ahead with the planned....

Voxelus Completes a Record $350,000 Pre-Sale Round

Reality content creation platform and marketplace Voxelus has completed its private pre-sale of in-game cryptocurrency Voxels (VOX) with 1.2 million VOX sold for a total of 1,022 BTC. The private pre-sale of 1.2 million VOX for a total of 1,022 BTC (approx. $350,000) has resulted in a record for the largest amount raised in a private crowdsale of a cryptographic token. A majority of the orders came in during the final 48 hours of the private pre-sale. Deemed as the "coin of the realm," Voxels can be used to purchase digital assets, animations, games and more on the Voxelus marketplace that....