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Trading App Gotrade Raises $7 Million Seed Funding, Looks to Challenge Robinhood but with Global Twist
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Sylvera rakes in $5 8 million to strengthen ratings for carbon offset projects
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The Brief: Investing in women of the world, digitizing vintage clothing, scrutinizing carbon offsets and income-share agreements, ending unsustainable subsidies
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Sylvera grabs seed backing from Index to help close the accountability gap around carbon offsetting
U.K.-based startup Sylvera is using satellite, radar and lidar data-fuelled machine learning to bolster transparency around carbon offsetting projects in a bid to boost accountability and credibility applying independent ratings to carbon offsetting projects.
The ratings are based on proprietary data sets it’s developed in conjunction with scientists from research organisations including UCLA, the NASA Jet Propulsion Laboratory and University College London.
It’s just grabbed $5.8 million in seed funding led by VC firm Index Ventures. All its existing institutional investors also participated namely: Seedcamp, Speedinvest and Revent. It also has backing from leading angels, including the existing and former CEOs of NYSE, Thomson Reuters, Citibank and IHS Markit. (It confirms it has committed not to receive any investment from traditional carbon-intensive companies.) And it�
Weav raises $4.3M to knit together a universal API for commerce platforms
Weav, which is building a universal API for commerce platforms, is emerging from stealth today with $4.3 million in funding from a bevy of investors, and a partnership with Brex.
Founded last year by engineers Ambika Acharya, Avikam Agur and Nadav Lidor after participating in the W20 YC batch, Weav joins the wave of fintech infrastructure companies that aim to give fintechs and financial institutions a boost. Specifically, Weav’s embedded technology is designed to give these organizations access to “real time, user-permissioned” commerce data that they can use to create new financial products for small businesses.