Search results for Peak XV
Crypto
Alpaca raises $135 million to expand tokenisation and AI financial infrastructure
Alpaca has raised $135 million to expand the tokenised asset market and AI-based financial services, and secured up to $300 million in debt financing. Cointelegraph reported on July 16 that the funding round was led by Peak XV, while Kraken parent Payward and BMO participated in the debt financing. Alpaca plans to use the funds to expand its agent-first brokerage and API-first prime brokerage infrastructure.
Industry
Helion raises $465 million, accelerates goal to supply fusion power to Microsoft by 2028
U.S. fusion startup Helion Energy raised $465 million in new funding, valuing the company at $15.5 billion. Helion said it will use the money to accelerate construction of its first commercial power plant, the Orion project planned in Washington state, and aims to supply fusion electricity to the grid as early as 2028. The company has a power supply contract with Microsoft for its data centres and says it plans to deliver by 2028.
Crypto
Tazapay raises $36 million in Series B extension led by Circle Ventures
Payment infrastructure firm Tazapay has completed a $36 million Series B extension round led by Circle Ventures, The Block reported on Wednesday. Coinbase Ventures and CMT Digital joined as new investors, while existing backers Peak XV Partners, GMO VenturePartners and January Capital also participated. Tazapay plans to use the funds to expand licences in the UAE, the EU and Hong Kong and accelerate market entry across several regions, while stepping up development of AI-based payment infrastructure.
