Tag: venture capital

Overstock’s Medici Ventures Invests in Blockchain Platform to Fight Wine Counterfeits

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Overstock’s investment subsidiary Medici Ventures has funded a blockchain project aimed at fighting wine counterfeit. Overstock.com’s venture capital subsidiary Medici Ventures has invested in Israeli-based technology company VinX to develop a blockchain-powered wine futures platform, according to a press release published October 4. The exact amount of the investment was not disclosed. Per the announcement, […]

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Crypto Canada: From ETFs to ICOs, Visiting the Country of Wolverine and Vitalik

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The launch of newly registered ETFs demonstrated the interest and the commitment of Canada’s regulators toward blockchain innovation. This achievement is the result of a flexible and decentralized approach typical of a country which early showed itself crypto-aware. Comedians from the United States are quite used to making fun of Canada, depicting their neighbors as […]

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Report: Blockchain in Manufacturing Market Will Be Worth $500 Million by 2025

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A recent study by ReportLink states that blockchain in the U.S. manufacturing market will increase from 2020–2025. A recent report by technology research company ReportLinker shows that blockchain technology in the U.S. manufacturing sector is expected to grow significantly from 2020–2025. While preparing the report, the authors split blockchain usage by application, end use, and […]

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Venture Capital Investment in Blockchain and Crypto Up 280% in 2018, Report Shows

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A new report from Diar reveals that “traditional” venture capital investment in blockchain and crypto firms has almost tripled in the first three quarters of 2018. “Traditional” venture capital (VC) investment in blockchain and crypto firms has almost tripled in the first three quarters of 2018, according to a new Diar report published September 30. […]

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Korea’s Largest VC Firm Makes First Investment in Enterprise Blockchain Startup

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KIP is known for its investments in high-ranking firms, including Naver and Kakao. South Korea’s largest venture capital (VC) firm, Korea Investment Partners (KIP), is investing in its first blockchain startup, TEMCO, according to an October 1 press release. KIP is known for its investments in high-ranking firms that include Naver — Korea’s largest search […]

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Volkswagen teams up with Microsoft to create an automotive cloud

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  Volkswagen wants to transform itself into a digital services-driven company – with the help of Microsoft. The German automaker has joined hands with the Redmond giant to develop the Volkswagen Automotive Cloud, which will aim to combine popular third-party applications to provide a seamless experience for drivers. The Volkswagen Automotive Cloud will be powered […]

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Porsche investing €150 million in startups – focusing on AI and blockchain technologies

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  Porsche has announced it is increasing its total investment in venture capital activities by €150 million for the next five years. By making this move, the German automobile manufacturer intends to gain access to new technologies, trends and business models. Porsche Ventures, being a strategic investor, is aiming to invest in business models that […]

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Porsche Increases Investments in New Technologies With Focus on Blockchain and AI Startups

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Porsche has announced it will invest $176 million over the next five years in new technologies, including blockchain and AI startups. German automobile manufacturer Porsche AG will increase in its investments in startups — with a focus on blockchain and artificial intelligence (AI) — by around $176 million over the next five years, according to […]

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