Founders Fund has successfully closed its third Growth Fund, raising $4.6 billion, surpassing its initial target of $3 billion. The announcement highlights a trend of increased venture capital spending, with the fund expected to focus on innovative technology sectors. Additionally, Maple Finance has announced a partnership with Spark, marking a significant step in on-chain asset management. Maple has secured a $50 million deposit from Spark, which is part of a larger $100 million allocation. The firm has also reported reaching $1 billion in assets under management (AUM). This follows a period of growth for Maple, which has launched multiple product lines and recovered significantly after the collapse of FTX. In the nuclear sector, a major announcement regarding the nuclear fuel supply chain was made, emphasizing the importance of fuel availability for microreactors and clean distributed power solutions. The developments in both the venture capital and energy sectors indicate a robust interest in innovative technologies and sustainable energy solutions.
It's inspiring to see fusion move from R&D to commercialization. @TheArenaAI will be at @iterorg HQ in France next week to share how AI is accelerating this transition, alongside commercial fusion leaders: @proximafusion @GeneralFusion @StartorusFusion @FLFusion @ericschmidt https://t.co/wckf7IKDhB
Crypto investment startup @glider_fi raises $4M in funding round led by @a16z CSX Participants include Coinbase Ventures, Uniswap Ventures, and GSR. The company will join Andreessen Horowitz’s Crypto Startup Accelerator in San Francisco this spring. 👉 https://t.co/2MVVey2e5P https://t.co/UbzyXYQwuK
Maple team has been grinding over the last 2 years - launching three new product lines. Maple Direct Institutional, Syrup and BTC Yield They have risen from the ashes after the collapse of FTX when the token traded <$30M FDV and left for dead, to now crossing $1B+ TVL, $450M+ https://t.co/Jmm8GFS0Zi