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☆ Climate-focused insurtech company Arbol just raised a Series B funding round. Here's an exclusive look at the deck the startup used to land $60 million.
  + stars: | 2024-05-20 | by ( Samantha Stokes | ) www.businessinsider.com   time to read: +1 min
The startup just raised a $60 million Series B funding round. We got an exclusive look at the pitch deck the startup used to raise its new round of funding. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. The startup Arbol just raised $60 million in Series B funding. Giant Ventures and Opera Tech Ventures co-led the round, with Mubadala Capital also participating in the fundraise.
Persons: hasn't Organizations: Service, Giant Ventures, Opera Tech Ventures, Mubadala Capital, Finch Finance, Space, Business
☆ Billionaire Bill Ackman says crypto 'is here to stay' in the wake of the FTX collapse, as the one-time skeptic outlines some of his investments
  + stars: | 2022-11-21 | by ( Carla Mozée | ) www.businessinsider.com   time to read: +4 min
Billionaire investor Bill Ackman said "crypto is here to stay," in a Tweet thread published Sunday. Calling himself an initial crypto skeptic, Ackman said he is a small investor in a "hobbyist" capacity. He outlines his crypto observations following the dramatic collapse of crypto exchange FTX. "As such, I was initially a crypto skeptic, but after studying some of the more interesting crypto projects, I have come to believe that crypto can enable the formation of useful businesses and technologies that heretofore could not be created." The world's once third-largest crypto exchange founded by Sam Bankman-Friend is seeking bankruptcy protection in the US and could leave up to 1 million creditors exposed to losses.
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