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Crypto startup raises $2.2 million in fundraise to simplify governance for token delegates

Count this as another sign that the scrappy market for decentralized finance is growing up. 

Boardroom, a company developing a platform for DeFi governance, has completed a $2.2 million raise. The round was led by Standard Crypto, which was joined by a slew of digital asset investors including Slow Ventures, CoinFund, and Framework. The firm says it will use the fresh cash to build a suite of tools for DeFi power-users and protocols delegates to more seamlessly participate in governance decisions across projects.

Despite the breakneck growth of the DeFi market in recent months, governance has been fragmented and clunky. Stakeholders are forced to navigate disparate channels to access information about governance decisions and then vote, says Boardroom founder Kevin Nielson.

For instance, users who want to delegate their voting power to a third-party have to jump through a number of hoops to do so. In some cases token holders

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Applied DNA Secures $1.0+ Million in COVID-19 Surveillance Testing Annualized Revenue, Builds Sales Pipeline for Test Kit and Testing-as-a-Service

– Announces Completion of Initial New York State Department of Health Inspection of Clinical Lab Subsidiary –

Applied DNA Sciences, Inc. (NASDAQ: APDN) (“Applied DNA” or the “Company”), a leader in Polymerase Chain Reaction (PCR)-based DNA manufacturing that enables in vitro diagnostics, pre-clinical nucleic acid-based therapeutic drug candidates, supply chain security, anti-counterfeiting, and anti-theft technology, announced that Applied DNA Clinical Laboratories, LLC (“ADCL”), its wholly-owned subsidiary, has secured COVID-19 surveillance testing contracts under its testing-as-a-service (“TaaS”) offering that are estimated to generate more than $1.0 million in total annualized revenue beginning October 1, 2020. The Company’s surveillance testing revenue expectation is contingent on full-term participation by TaaS customers, including:

  • Private schools based in Long-Island, N.Y., including Harbor Country Day School. Education customers comprise the bulk of the Company’s current testing volume;

  • Several New York State-based small enterprises and private clients.

Unlike diagnostic testing, which looks for the occurrence of COVID-19

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SoftBank invests $215 million in education start-up Kahoot

Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., reacts during a dialog session with Jack Ma, former chairman of Alibaba Group Holding Ltd., not pictured, at Tokyo Forum 2019 in Tokyo, Japan, on Friday, Dec. 6, 2019.

Kiyoshi Ota | Bloomberg via Getty Images

LONDON — SoftBank has invested $215 million in Norwegian education start-up Kahoot, taking a 9.7% stake in the company, as demand for online learning platforms skyrockets during the coronavirus pandemic.

The Oslo-based firm said Tuesday it had agreed to sell 43 million new shares at a price of 46 Norwegian krone — or about $5 — per share to SoftBank. It plans to use funds raised from the deal to fuel growth through new partnerships, joint ventures and acquisitions, CEO Eilert Hanoa told CNBC.

“It’s all about the general switch in mindset from digital tools being a nice-to-have additional set of features in

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apiiro Disrupts DevSecOps Market with Company Launch; Raises $35 Million from Greylock and Kleiner Perkins

TEL AVIV, Israel and NEW YORK, Oct. 13, 2020 /PRNewswire/ — apiiro, the industry’s first Code Risk Platform™ that enables organizations to accelerate application and infrastructure delivery by automatically remediating risk with every change, announced today the company’s official launch into the DevSecOps and risk management markets. In tandem with the launch, apiiro has raised $35 million funding from Ted Schlein, General Partner at Kleiner Parkins, and Saam Motamedi and Asheem Chandna, General Partners at Greylock. The apiiro platform is deployed and used across industries – including two large banks in the U.S., and large enterprises in gaming, healthcare, and software development verticals.

The company is founded by multi-exit entrepreneur Idan Plotnik and Yonatan Eldar, alumni of elite Israeli Defense Force (IDF) cybersecurity unit ‘Matzov’. Prior to the launch of apiiro, Idan was the founder/CEO and Yonatan was engineering manager at Aorato, a pioneer in the User and Entity

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China’s Mars Probe Tianwen-1 Sends Home Selfies Captured 15 Million Miles From Earth

KEY POINTS

  • The CNSA released new selfies of Tianwen-1 captured 15 million miles away from Earth
  • The Mars probe took images of itself using a tiny camera ejected from the spacecraft
  • Tianwen-1 is expected to reach the red planet in February 2021

Talk about a clever way to take self-portraits in space! Tianwen-1 has snapped some selfies while in outer space using a camera ejected from its spacecraft.

While on its way to Mars, Tianwen-1 sent home new images of itself captured 15 million miles away from Earth. They were released by the China National Space Administration earlier this month as part of the country’s national day celebrations.

The small camera the Mars probe used to snap selfies had wide-angle lenses on each side and took one photo every second. It sends the images it takes to Tianwen-1, which would then transmit the pictures to Earth.

One of the many

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Osteoarthritis biomarker could help 300 million people worldwide — ScienceDaily

Using new state-of-the-art imaging techniques to identify signs of osteoarthritis (OA), UniSA scientists are learning more about changes at the molecular level which indicate the severity of cartilage damage.

A study led by PhD student Olivia Lee and her supervisor Associate Professor Paul Anderson using mass spectrometry imaging (MSI) has mapped complex sugars on OA cartilage, showing different sugars are associated with damaged tissue compared to healthy tissue.

The finding will potentially help overcome one of the main challenges of osteoarthritis research — identifying why cartilage degrades at different rates in the body.

“Despite its prevalence in the community, there is a lot about osteoarthritis that we don’t understand,” Prof Anderson says.

“It is one of the most common degenerative joint diseases, yet there are limited diagnostic tools, few treatment options and no cure.”

Existing OA biomarkers are still largely focused on bodily fluids which are neither reliable nor sensitive

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Sorry, SpaceX. Watch This Week As NASA Pays $90 Million To Launch U.S. Astronaut On A Russian Rocket

U.S. astronauts now fly to the International Space Station (ISS) from American soil, right?

So why is a NASA astronaut about to blast-off to the ISS from Russia at a cost of over $90 million?

Despite the success of “Launch America” back on May 30, 2020 when NASA astronauts Bob Behnken and Doug Hurley journeyed to and from the ISS in SpaceX hardware during the historic SpaceX Crew Demo-2 mission, NASA astronaut Kate Rubin will this week leave Earth from the Baikonur Cosmodrome in Kazakhstan.

As I reported back in June, it’s the final part of an existing contract between NASA and the Russian space agency to send a US astronaut to the ISS aboard a Russian Soyuz spacecraft.

When is the next

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Sweetheart Kitchen Raises US$17.7 Million In Series C Funding Round To Launch New Brands And Kitchen Units Across MENA


4 min read

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Cloud kitchen operator Sweetheart Kitchen has successfully secured €15 million (US$17.7 million) in a Series C funding round backed by strategic investors, led by the company’s founder and CEO Peter Schatzberg.

As a delivery-only multi-brand virtual kitchen, Schatzberg notes that the Dubai-based company is keen to invest their funding into supply chain technology, food design and hiring talent, as they had previously done, and which they plan to continue to do so. “Scaling units is certainly one important objective for us, but we are also investing in streamlining our processes and systems to achieve profitability.”

As a company that is only 15 months old, it’s noteworthy to point out its impressive milestones. The startup (which, according to a Wamda report, is backed by Germany’s Delivery

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Missouri University Of Science And Technology Receives $300 Million Gift, The Largest In Missouri Higher Education History

Missouri University of Science and Technology(Missouri S and T) announced today that it had received a $300 million donation, the largest single gift in the history of Missouri higher education. St. Louis businessman and Missouri S and T alum Fred Kummer and his wife June are giving the money to a foundation they created that will support several initiatives at the university.

The Kummers’ gift will be administered by The Kummer Institute Foundation. Funds from the foundation will support several new initiatives at Missouri S&T, including:

  • A new research and development entity modeled after other university-affiliated centers like the Lawrence Livermore National Laboratory in Livermore, California and the Johns Hopkins Applied Physics Laboratory in Laurel, Maryland. The new organization will be the home to four new research
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China held a $1.5 million lottery to test a new digital currency

China is taking its digital currency tests to a new level by giving away more than 10 million yuan ($1.5 million) in a new lottery (via CNBC). The state-run People’s Bank of China gave 50,000 randomly selected citizens a “red packet” worth 200 yuan ($30), to spend at several thousand designated retailers in Shenzhen’s Luohu district. The idea is to not only test the technology involved, but boost consumer spending in the wake of the COVID-19 pandemic.

The winners will be be required to download a digital Renminbi app in order to receive the digital money, according to state news site China Daily. After that, they’ll reportedly be able to buy goods from local pharmacies, supermarkets and even Walmart,.

China started ramping up trials with the digital yuan last April, when it ran a pilot program that reportedly included US companies like McDonald’s and Subway. Unlike decentralized cryptocurrencies

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