Faculty Group

MANSA, the Dubai-based cross-border payments platform, has raised a total of $10 million to beef up its liquidity solutions and to expand into new markets. The funding was structured in two rounds. The first was a $3 million pre-seed investment, with lead from Tether and co-lead from Polymorphic Capital. Other noteworthy contributors in such a round included Octerra Capital , Faculty Group, and TRIVE . To read more info, check out this link: https://buff.ly/3EWrzat . Follow us for more information: Business Outreach . . . #BusinessOutreachmagazine #BusinessOutreach #funding #Payment #Mansa #platform #investment #Capital #Digital #investors #fintech

Faculty Group is proud to announce that we're an official VC partner for? BNB Chain Innovation ? Make sure to join the BNB Incubation Alliance event, where our Head of Investment, Sebastian Cheek, will be one of the judges. ?? Tuesday, February 25 at 12:30 PM MST ?? Denver, Colorado ?? https://lu.ma/6oi1t28x

MANSA announced securing $10 million in its initial funding round, which included $3 million in seed funding and $7 million in liquidity financing. The round was led by Tether.io, with Polymorphic Capital joining as a co-investor, alongside investors such as Octerra Capital, Faculty Group, and TRIVE Digital. Source: https://cutt.ly/MreYRFGr #t20egypt?#startups?#entrepreneurship?#networking?#investing?#technology?#google?#digital?#funding?#egypt?#banking?#fintech

Donald Trump’s imminent return to the White House and China’s sweeping economic stimulus is driving renewed global interest in cryptocurrency. With Bitcoin's recent rally back past $100K USD, market pundits are speculating on the potential impact of a Strategic Bitcoin Reserve in the US accompanied by falling interest rates. The stage is set for an interesting 2025. “This level of commitment from the world’s largest economy is a clear signal that Bitcoin is becoming a legitimate, strategic asset,” Luke Lombe Director of Wayex claimed. “Such moves will elevate Bitcoin’s status globally, and that of the entire blockchain industry. Australia cannot afford to ignore these developments.” Read more here... https://lnkd.in/gsakvnRK #Bitcoin #Trump #Cryptocurrency #StrategicBitcoinReserve

Looking forward to seeing the talent at the Australian Crypto Convention in Sydney on November 23 & 24. If you're an Australian blockchain startup, head to the ACC site to register... Last call. Will be a hot event given the current market dynamics. Australian Crypto Convention - Nov 23-24, 2024 - ICC, Sydney Animoca Brands Primal Capital Faculty Group Greythorn Asset Management DACM

Join our Lead Designer, Andy as he pulls back the curtain on our V1 product. Our MVP leaned into cafe and coffee themes and were very well received by the community. With V1 we wanted to iterate on these themes while taking it a step further and creating interactive environments and characters within the product. The V1 product launch will also revamp existing features and also see a whole suite of new features go live including; Meta Pools, Ecosystem Pods, My Perqfolio and a new rewards system! Join us and enjoy the PERQs

Calling all #Crypto and #Web3 Founders, Developers, Projects, Start-ups & Innovations - how does it sound to have the opportunity to pitch your big idea for $1M funding? AusCryptoCon’s live Whale Lab Pitch-Fest returns this year at the ICC in Sydney on 23-24 November. Seize the opportunity to pitch your project or idea to a panel of VCs for $1 Million in funding. Thanks to Animoca Brands & Faculty Group for being part of this incredible initiative. More judges & details to be announced soon. Applications are open, apply to pitch here: https://lnkd.in/gjkQuupa #AusCryptoCon #WhaleLab #pitching #VC #founder #startup #funding?

Our new Wayex physical cards have arrived! ?? Now shipping to our loyal users, enabling you to spend crypto and stablecoins globally. Order yours today through the Wayex app get.wayex.com #Wayex #crypto #stablecoins

This month, Henry Ang visited EthCC in Brussels - Europe’s flagship blockchain meetup. We spoke with Henry for the download and you’ll pick up not-so-subtle hints about our soon-to-be-published #blockchain investment thesis! Day 1 - 8th July: Blockchain Infra ?? Kicked off with an event delving into blockchain as an infrastructure tool, enabling builders to achieve outcomes unattainable with existing infrastructure. The onboarding process has improved through native account abstraction that can help facilitate non-custodial value attribution. ?? At an “intents” event, it was observed that many smart individuals are working on this, but its market scalability remains uncertain. ?? It was awesome to see new BACKED portfolio founder Amadeo B., Co-Founder and CEO of YieldNest, speak on EpicWeb3 ’s panel about how #Restaking can enhance #Ethereum's scalability. Day 2 - 9th July: Expanding Horizons ?? Highlights included meeting another exceptional founders, Sean Yu and an insightful event on AI by our friends at Fabric VC. ?? A crucial insight was that while founders are quick to move from 0-1, they often need substantial support to execute their broader vision. BACKED's focus on founder support is invaluable as many crypto projects excel at achieving local maxima but struggle to scale globally. This underscores the need for robust support systems to help founders navigate the complexities of scaling. Day 3 - 10th July: Strategic Insights ?? Started with Henry Duckworth from AgriDexPlatform who are addressing agricultural supply chain friction using blockchain and USDC. ?? Later, rich discussions with Sim?o Cruz from Lightshift, and Yaroslav Writtle from Faculty Group about market dynamics and future predictions. Notably how attention to detail in identifying, iterating, and rewarding power users contributes to project success (e.g. Pendle, Morpho). The day ended with a watch party for England vs Netherlands ? . ?? Henry reaffirmed his short-term bearish outlook on existing capital allocators, despite being long-term bullish on the industry. He feels capital allocators are responsible for shaping the industry, yet there is herd mentality, with investment piling into infrastructure despite lofty valuations. This can lead to poor incentives for builders, for fear of being unable to raise a future round. At BACKED we focus on backing founders who deeply understand and actively leverage blockchain and #crypto economics to deliver better applications. Days 4-5 - 11-12th July: Reflections Modular Summit provided a broader view of the community. A recurring theme was the lack of a unified community behind Ethereum, with competing infrastructures complicating application development. Despite these challenges, the summit highlighted the sector's resilience and innovation. The week reinforced our belief in blockchain technology's transformative potential, and underscores BACKED’s mission to support visionary founders in #frontiertech.

Faculty Group insights from our week at EthCC Brussels 2024. Faculty Group was well-represented by partner Yaroslav Writtle and Head of Faculty Capital Sebastian Cheek, offering viewpoints on the ever evolving blockchain landscape and our strategic collaborations, including our proud partnership with Binance Incubation Alliance. ?? Read more about our experiences and the forward-thinking discussions that will shape our initiatives in the coming year: https://lnkd.in/gW8tycNj