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Celo Receives Additional $20 Million In Institutional Backing Amid Launch Of Global Payments Application And Exponential User Growth


Press release content from PR Newswire. The AP news staff was not involved in its creation.
Celo Receives Additional $20 Million In Institutional Backing Amid Launch Of Global Payments Application And Exponential User Growth
February 10, 2021 GMT
SAN FRANCISCO, Feb. 10, 2021 /PRNewswire/ Celo, an open-source blockchain ecosystem focused on making decentralized financial (DeFi) systems and tools accessible to anyone with a smartphone, today announced $20 million in new backing from purchasers and partners including Andreessen Horowitz, Greenfield One, and Electric Capital. To date, Celo has garnered more than $65 million from backers including Polychain Capital, Reid Hoffman, Jack Dorsey, Coinbase Ventures, Social Capital, Dragonfly Capital, Version One Ventures, SV Angel, and Valor Capital, among others. ....

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Andreessen Horowitz could make the carbon offset API Patch its latest climate bet – TechCrunch


Andreessen Horowitz could make the carbon offset API Patch its latest climate bet
The early-stage carbon offset API developer Patch could be another one of Andreessen Horowitz’s early bets on climate tech.
According to several people with knowledge of the investment round, former OpenTable chief executive and current Andreessen Horowitz partner Jeff Jordan is looking at leading the young company’s latest financing.
Such an investment would be a win for Patch, which could benefit from Andreessen Horowitz’s marketing muscle in a space that’s becoming increasingly crowded. And, if the deal goes through, it could be an indicator of more to come from one of the venture industry’s most (socially) active investors. ....

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A new $4 billion VC fund and 25 Bay Area startup deals announced at midweek - Silicon Valley Business Journal

A new $4 billion VC fund and 25 Bay Area startup deals announced at midweek - Silicon Valley Business Journal
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