South African aerospace startup Cloudline has secured $6 million in funding as it aims to lead the global frontier of carbon emissions-free autonomous flight. Schmidt Futures, the philanthropic venture founded by ex-Google CEO Eric Schmidt and Wendy Schmidt, is an investor in the seed round. Other backers include pan-African funds such as the Raba Partnership, … Read more
Comment on this storyCommentAdd to your saved storiesSave HAVERFORD, Pa. — In high school in Ramallah, they were a trio who loved playing chess and having sleepovers, united in their ambition to go to college in the United States. On Saturday night, that journey brought them to an unthinkable place: a shared hospital room in … Read more
Investor appetite for ether futures exchange-traded funds has remained muted, despite a surge in new listings. Six new ether futures funds from Bitwise Asset Management, ProShares and VanEck launched on Oct. 2. As of Thursday’s close, all six funds have posted losses of 5% or greater since their debuts. The broader outlook for crypto is … Read more