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May 22, 2025 - Deals

Worldcoin Raises $135 Million From A16z And Bain Capital Crypto For Global Expansion

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Worldcoin, the blockchain-based digital identity initiative co-founded by OpenAI CEO Sam Altman, has raised $135 million through a private token sale to a16z and Bain Capital Crypto. The funds, secured via the sale of WLD tokens at market rates, will support the global expansion of its iris-scanning Orb devices and onboarding infrastructure, particularly in the U.S. and other key markets. With over 26 million users and 12.5 million Orb-verified World IDs, Worldcoin is one of the largest decentralized identity platforms to date, aiming to offer a privacy-preserving proof-of-personhood amid rising concerns around AI and online fraud. SALE PRICE: $135,000,000 Worldcoin HQ: #SanFrancisco #California #VentureCapital #Worldcoin #a16z #BainCapitalCrypto #SamAltman #TradedVC

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Price.com And Grifin Collaborate To Connect Cashback And Investing For MembersPrice.com and Grifin have partnered to connect cashback with investing, allowing users to automatically invest the cashback they earn into stocks of the brands they already shop from. Under the partnership, Price.com Pro and Grifin members receive each other’s premium memberships at no additional cost (a value of over $100/year each). ✅ Unlimited cashback and savings at 100,000+ stores with Price.com ✅ Transfer your cashback into Grifin and invest in thousands of public companies starting with as little as $1 ✅ Enjoy additional exclusive member benefits and offers across both platforms Cashback earned through Price.com can be transferred into Grifin accounts and used to purchase stocks starting at $1, with users retaining full control over their investment choices. The collaboration aims to bridge saving and investing by turning everyday purchases into opportunities for stock ownership. FOUNDERS: Price.com: RJ Jain (Founder & CEO) Grifin: Aaron Froug & Bo Starr HQ: Price.com: Los Angeles, California Grifin: Tampa, Florida #Fintech #AI #Investing #Pricecom #TradedVC
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Singularity Secures $80 Million Series A Funding At $400 Million ValuationSingularity, a Los Angeles-based defense technology company, has launched with an $80 million Series A funding round at a $400 million valuation. The financing was led by Khosla Ventures and Felicis, with participation from AE Ventures, NEA, Long Journey, Harpoon, Menlo Ventures, Y Combinator, Decisive Point, New Vista, Sunflower, Soma, and several prominent leaders from industry, the military, and Congress. Led by Co-Founder and CEO Jack Oswald and COO Shail Giroux, Singularity is focused on deploying counter-weapons at the scale, speed, and cost required by modern defense needs. Its manufacturing team, which includes talent from Tesla and Toyota, is developing an automotive-inspired assembly line designed to rapidly scale production beyond that of comparable U.S. systems. FOUNDERS: Jack Oswald & Shail Giroux INVESTORS: Khosla Ventures, Felicis, AE Ventures, NEA, Long Journey, Harpoon, Menlo Ventures, Y Combinator, Decisive Point, New Vista, Sunflower, Soma, General (Ret.) James McConville, General Jim Dickinson, Major General (Ret.) Volodymyr Havrylov. ROUND: Series A AMOUNT: $80,000,000 VALUATION: $400,000,000 HQ: Los Angeles, California #VentureCapital #Singularity #JackOswald #ShailGiroux #TradedVC