Ecstasy-for-Medicine Advocate Raises $100 Million

[ad_1] The Multidisciplinary Association for Psychedelic Studies, a nonprofit leader in the pharmaceutical psychedelics industry, has raised more than $100 million in a Series A private stock sale.   MAPS needed…

Fintechs Look to Cost Cuts and Layoffs

[ad_1] PayPal and Block said they would trim their expenses, as high interest rates have put many financial-tech companies in a tight spot. [ad_2] Source link

Goldman Sachs-backed crypto firm BitGo eyes Dubai expansion

[ad_1] Goldman Sachs-backed crypto custodian BitGo is set to launch in Dubai following a $100m funding round. The crypto firm, which is headquartered in the US, has applied for a Virtual Assets Regulatory Authority…

WSJ News Exclusive | Wellness Startup Gympass Bulks Up With New Funding at $2.4 Billion Valuation

[ad_1] A group led by private-equity giant EQT is taking a minority stake in Gympass in a deal that values the fitness startup at $2.4 billion. [ad_2] Source link

Startups Are Dying, and Venture Investors Aren’t Saving Them

[ad_1] Investors are becoming more selective with their bets, threatening the hundreds of startups that raised cash during the recent boom. [ad_2] Source link

More Startups Throw in the Towel, Unable to Raise Money for Their Ideas

[ad_1] Startup shutdowns, fire sales and hard pivots are under way in the face of a downturn in the venture market. [ad_2] Source link

Israeli Startups Struggle to Raise Money Amid Political Turmoil, Global Downturn

[ad_1] Companies at the major tech hub saw a 70% drop in funding in the first quarter of 2023 compared with a year prior and underperformed the worldwide average. The…

WSJ News Exclusive | Tonal Founder Aly Orady Steps Down as CEO

[ad_1] The at-home fitness company completed its latest funding round at a fraction of its prior valuation. [ad_2] Source link

Pakistan Curbs Imports as It Struggles to Convince IMF of Economic Plans

[ad_1] The country is trying to get an International Monetary Fund bailout back on track as it struggles to find dollars to pay a mountain of foreign debt. [ad_2] Source…

WSJ News Exclusive | Fanatics Hits $31 Billion Valuation in Latest Funding Round

[ad_1] The sports-merchandising company raised about $700 million from a group of investors, including Clearlake Capital, Silver Lake and SoftBank. [ad_2] Source link