TL;DR

• Fixed-rate lending platform Term Finance completed a strategic financing round of $5.5 million.

• AI startup Skild AI raised $300 million in Series A funding.

• Full-chain stablecoin protocol Satoshi Protocol completed a $2 million seed funding round.

• An investment firm backed by Temasek invested $74 million in Hi-P.

• L2 project BOB completed a strategic financing round, raising $1.6 million.

• Web3 identity layer idOS raised $4.5 million in funding, led by Fabric Ventures.

• Blockchain startup Rome secured $9 million in funding.

• On-chain credit and revenue platform Idle secured $1.1 million in strategic financing.

• The Open Campus community is voting on a proposal to create a $20 million developer ecosystem fund and a node leasing plan.

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Alpha of the Day

Term Finance Bags $5.5 Million: Fixed Rates, Fixed Smiles

Term Finance, the rock-solid platform that offers fixed-rate lending, just got a hefty $5.5 million in a strategic financing round. That’s right, no more sweating over variable interest rates. With this fresh cash injection, Term Finance is ready to take the lending world by storm, ensuring your financial stability doesn’t have to feel like a roller coaster ride. Investors clearly think fixed rates are the new cool, and honestly, who can blame them?

Skild AI Scores a Jaw-Dropping $300 Million in Series A

In the world of AI startups, Skild AI just raised the bar (and a ton of money). They pulled in a whopping $300 million in Series A funding. Yes, you read that right. Skild AI is set to make some serious moves with this insane amount of cash, proving that artificial intelligence is no longer just about fancy algorithms but also about fat wallets. Look out, world; Skild AI is coming to automate everything and probably do it better than you ever could.

Satoshi Protocol Nets $2 Million Seed Funding: Stablecoins FTW

Satoshi Protocol, the full-chain stablecoin protocol, just bagged $2 million in seed funding. These guys are out to stabilize the volatile world of crypto, and now they’ve got the green to back it up. With this seed money, Satoshi Protocol plans to make sure your stablecoins stay, well, stable. Forget about those wild price swings; it’s all about smooth sailing from here on out.

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Hi-P Scores $74 Million from Temasek-Backed Investment Firm

Hi-P just hit the investment jackpot with $74 million from a firm backed by Temasek. It’s like winning the financial lottery, only cooler. This hefty sum will no doubt help Hi-P propel its tech ambitions sky-high. If you didn’t know Hi-P before, you definitely will now. With Temasek’s backing, Hi-P is set to become the next big thing you casually drop into conversations to sound smart.

BOB Raises $1.6 Million: The Layer 2 Project Gets a Boost

Layer 2 project BOB just pocketed $1.6 million in a strategic financing round. These funds will help BOB scale new heights, solving those pesky blockchain scalability issues. BOB isn’t just any layer 2 project; it’s the one your blockchain nerd friends won’t stop talking about. With this cash infusion, expect BOB to make layer 2 solutions smoother than your morning coffee.

idOS Rakes in $4.5 Million: Fabric Ventures Leads the Way

Web3 identity layer idOS just secured $4.5 million, led by the savvy folks at Fabric Ventures. It’s like the internet just got a major upgrade in the identity department. With this funding, idOS aims to revolutionize how we manage digital identities, making your online presence as secure as your favorite superhero’s secret identity. Say goodbye to sketchy logins and hello to web3 awesomeness.

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Rome Raises $9 Million: Blockchain Renaissance in Progress

Blockchain startup Rome has raised a cool $9 million, ushering in a new era of digital innovation. Just like its ancient namesake, Rome wasn’t built in a day, but with this funding, it’s definitely on the fast track. Whether it’s for new projects or expanding existing ones, Rome is ready to make its mark on the blockchain world. Get ready for a blockchain renaissance!

Idle Snags $1.1 Million: On-Chain Credit Platform on the Rise

Idle, the on-chain credit and revenue platform, just snagged $1.1 million in strategic financing. These guys are all about making your money work for you while you kick back and relax. With this new funding, Idle is set to ramp up its offerings, making it easier than ever to earn passive income. It’s the ultimate win-win: you stay idle, and your money doesn’t.

Open Campus Community Votes on $20 Million Developer Fund

The Open Campus community is abuzz with voting on a proposal to establish a $20 million developer ecosystem fund and a node leasing plan. It’s like a tech-savvy town hall meeting where everyone’s voice matters. If approved, this fund will supercharge developer innovation and node expansion, making Open Campus the place to be for blockchain developers. It’s democracy and decentralization at its finest!

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