Tagged: foundry

Bitcoin and Crypto Mining Stocks Rebounded in 2023 Alongside BTC Price, But Other Long-Term Challenges Remain – Report

Parker Merritt and Kyle Waters from Coin Metrics have provided a close examination of the current Bitcoin mining landscape through the lens of their extensive data. Despite a flat BTC market in the back half of Q3 as spot ETF chatter quieted, hashrate continued “to… Read More

Deduce Raises $9M to Address AI-Generated Identity Fraud

Deduce, which claims to be the “only” patented technology platform designed to prevent AI-generated identity fraud, announced $9M in funding led by Freestyle Capital, with additional investment by Foundry and True Ventures. The funding will launch Deduce’s GenAI Identity fraud solution “out of stealth and… Read More

11:FS, Griffin to Bring Power of Embedded Finance to UK Firms

UK BaaS (Banking as a Service) fintech firm Griffin and global FS OS (Financial Services Operating System) 11:FS Foundry announced a new partnership “to help businesses actualise the benefits of embedded finance – the process of building new fintech products and embedding financial services directly… Read More

Time to Mine: DCG Reveals Crypto Mining Subsidiary Foundry

Digital Currency Group (DCG) is moving into crypto mining. According to a release, DCG created a subsidiary called “Foundry” and 2019 and today the company is outing the mining firm with Mike Colyer, a former Core Scientific executive, being Foundry’s Chief Executive Officer. Foundry claims… Read More

Kickstarter Alum Formlabs Raises $35M Durning Series B Funding Round Led by Foundry Group

This week, Kickstarter success Formlabs announced it had secured $35 million during a Series B Funding Round, which was led by Foundry and Autodesk with participation from existing investors such as DFJ Growth, Pitango Venture Capital, and Pascal Cagni. Formlabs’ total investment to date is… Read More

IgnitionDeck Acquires GIG; Set to Enable Crowdfunding Features For Indie Musicians

IgnitionDeck, Inc., a provider of WordPress-based e-commerce solutions, has acquired the popular GIG theme for musicians and bands. GIG joins Fundify, CrowdPress, and the IgnitionDeck products in the company’s line of popular offerings for fee-free crowdfunding on WordPress. GIG empowers bands and musicians to create… Read More

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