Investments on Propel(x) are high risk, illiquid and bear the risk of partial or complete loss of invested capital. Please review risk factors for investments on Propel(x) here. This newsletter is for informational purposes only. It is not a solicitation to buy or sell a security.
Blockchain for Beef Bring Transparency to Meat Supply Chain
Blockapps, one of the leading enterprise blockchain platform providers has launched its latest offering, Genesis - Blockchain for Beef. Genesis aims to streamline the data flow and cattle availability through the supply chain, optimizing the value and quality of beef.
Aromyx closes $10 Million oversubscribed Series A funding round Aromyx, one of the leading companies working at the cross section of biotechnology and data science to capture unique sensory data recently announced the closing of an oversubscribed $10 million Series A round
of financing led by Rabo Food&Ag Innovation Fund and SOZO Ventures. Aromyx's sensing technology is potentially the first to digitize and quantify the information from the human receptors from the nose and the tongue.
Bambu acquires Tradesocio to scale its B2B wealth technology offerings
Bambu, a Singapore based startup is a fintech company that is aiming to transform the digital wealth market by designing and creating smart digital investment systems – Robo Advisors – for global financial institutions. Recently, the company announced the acquisition of Tradesocio, a developer of wealth management software for advisors. Read the press release.
Disclosure: Bambu is a Propel(x) alumni company and closed fundraising through the platform in June 2021.
Our co-founder, Swati
Chaturvedi was a keynote speaker at H4X Labs Deep Tech Summit held in June this year. She speaks about the dynamic landscape of deep technology and shares some tips on how founders can raise funds and grow their deep tech startup successfully.
Cap Table (Capitalization Table) and what they mean when investing in startups
A cap table is simply a record of all stock already issued or available and identifies all stockholders
and how much they own. The ownership of a startup changes as it grows and progresses through its funding rounds. This can occur with new investors buying in, stock options being exercised, or convertible notes being converted to stock. The cap table is used to track these changes and keep a record of all the current and potential shareholding in a company.
ICYMI, here are some
of the interesting blog posts which we have written recently. We are actively releasing new content every week. Stay tuned by subscribing to our blog.
Propel(x) is a premier digital platform facilitating private venture capital for deep technology startups. Our mission is to
enable investment in technologies that matter
and thus build the next generation of great companies.
Investments on Propel(x) are high risk, illiquid and bear the risk of
partial or complete loss of invested capital. Please review risk factors for investments on Propel(x) here.