VENTURE CAPITAL

VENTURE CAPITAL

Buckzy Bags $14.5m In Series A Despite Fintech Funding Famine

By Eric Johansson Buckzy has managed to secure $14.5m in a Series A funding round despite the market turmoil that has reduced fintech investments to a trickle this year. The Canadian payments startup will use the money to expand its growing ability to provide smooth cross-border transactions, but don’t compare it with its UK rival Wise even though they may look similar at a glance. “We move money around the globe in real-time and faster, easier and more affordable than traditional financial institutions,” Buckzy CEO and founder Abdul Naushad tells...
VENTURE CAPITAL

BioFluff Closes A US$500,000 Pre-Seed Funding Round For Plant-Based Fur

By News Desk The San Francisco-based company producing plant-based fur, BioFluff has closed a pre-seed funding round of $500,000, with funding from SOSV/IndieBio fund, Joyance partners, and Ataraxia Partners Limited, among others. Fur made from plants is heading to a garment on you soon, with BIoFluff saying its ready to bring its first products to market next year following its pre-seed funding. The company was nominated to be part of global luxury fashion leader LVMH’s innovation award, including the one-year accelerator program, La Maison des Startups. The accelerator comes with...
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