Tuesday, August 24, 2021

Cryptocurrency companies are moving mining hardware out of China post-crackdown, with US-based Bit Digital trying to send 20K+ mining rigs to Canada and the US (Wall Street Journal)

Wall Street Journal:
Cryptocurrency companies are moving mining hardware out of China post-crackdown, with US-based Bit Digital trying to send 20K+ mining rigs to Canada and the US  —  Miners face high costs, other hurdles in removing their machines after Chinese crackdown  —  When China vowed to crack …



Bungalow, a marketplace for residential real estate that offers tools for landlords, raises $75M at a $600M+ valuation led by Deer Park Road Management (Gillian Tan/Bloomberg)

Gillian Tan / Bloomberg:
Bungalow, a marketplace for residential real estate that offers tools for landlords, raises $75M at a $600M+ valuation led by Deer Park Road Management  —  - Coatue, Khosla, Founders Fund bet on residential marketplace  — Initially a roommate-finder, firm expanded into family rentals



London-based Plentific, which offers a marketplace for property management services, raises $100M Series C and plans a US expansion (Dan Taylor/Tech.eu)

Dan Taylor / Tech.eu:
London-based Plentific, which offers a marketplace for property management services, raises $100M Series C and plans a US expansion  —  London-based property management platform Plentific has raised $100 million in a Series C round.  In addition to a significant push into the US market …



Brian Chesky says Airbnb will provide free housing for 20,000 Afghan refugees without specifying for how long (Charles Riley/CNN)

Charles Riley / CNN:
Brian Chesky says Airbnb will provide free housing for 20,000 Afghan refugees without specifying for how long  —  London (CNN Business)Airbnb has pledged to provide free housing for 20,000 Afghan refugees.  —  CEO Brian Chesky said Tuesday that the program would begin immediately, and that Airbnb would pay for the stays.



Wistron partners with India's Optiemus, to manufacture electronics products

Wistron Corp of Taiwan is partnering with India's Optiemus Electronics to build products such as smartphones and laptops, a boost to Prime Minister Narendra Modi's push to make the country an electronics manufacturing hub. https://ift.tt/3guDZaN

Fintech startup Khatabook raises $100 million in funding round

Khatabook on Tuesday said it has raised USD 100 million (about Rs 741 crore) in funding round, led by Tribe Capital and Moore Strategic Ventures (MSV) that valued the fintech company at close to USD 600 million. https://ift.tt/3zcKd6r

Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)

Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...