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February 24, 2025 - Deals
Fomo Secures $2M In Pre-Seed Funding From Raj Gokal And Other Investors
Fomo, a NYC-based fintech startup, raised $2M in Pre-Seed funding from investors including Raj Gokal (Co-Founder, Solana), Balaji Srinivasan, Aaron Harris, Kevin Miller, Jon Zacharias, and Bryan Pellegrino. The company is focused on building an innovative financial platform and has seen strong early demand, with over 95,000 users on its waitlist. The funds will be used to refine its product, expand its user base, and prepare for a public launch.
INVESTORS: Raj Gokal, Balaji Srinivasan, Aaron Harris, Kevin Miller, Jon Zacharias & Bryan Pellegrino
ROUND: Pre-Seed
AMOUNT: $2,000,000
HQ: #NewYork #NY #NewYorkCity #NYC
#VentureCapital #Fomo #RajGokal #BalajiSrinivasan #AaronHarris #KevinMiller #JonZacharias #BryanPellegrino #TradedVC
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Colossal Biosciences In Talks For Funding Round Targeting $23 Billion ValuationColossal Biosciences, the de-extinction biotech startup known for its efforts to recreate the woolly mammoth and other extinct species, is reportedly in talks to raise new funding at a valuation of roughly $23 billion–$24 billion, according to Axios. The potential raise would mark a significant jump for the five-year-old company, with investors valuing not only its genetic-engineering programs but also its broader genomics, reproductive technology, conservation, and intellectual property platform. Colossal has begun generating revenue through conservation technology sales and technology spinouts, including Astromech, an AI-driven predictive modeling company, and Form Bio, a computational biology platform, expanding its value beyond de-extinction efforts.
FOUNDERS: Ben Lamm & George Church
TARGET VALUATION: $23,000,000,000
HQ: Dallas, Texas
#VentureCapital #ColossalBiosciences #BenLamm #GeorgeChurch #TradedVC