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July 12, 2024

Kraken partners with Madrid football club

And other news from our portfolio companies

Kraken partners with Madrid football club

SpaceX

NASA has chosen Elon Musk's company SpaceX for the disposal of the International Space Station (ISS) at the end of its service life. SpaceX will build a device capable of directing the 430-ton station into the Pacific Ocean at the beginning of the next decade. A contract worth up to $843 million has been signed for this purpose. The ISS has been operational since 1998, and thousands of scientific experiments have been conducted on board.

Kraken

Kraken has become the Official Crypto and Web3 Partner of Atlético de Madrid. The partnership aims to unite the worlds of sports and Web3, opening new opportunities for both worlds. "Kraken and "Atletico de Madrid" believe that cryptocurrency and football have the power to change people's lives," said Kraken's Chief Marketing Officer Mayur Gupta.

Neuralink

Recently, Elon Musk announced that within the next week, Neuralink will test the brain implant on a second patient. The identity of the patient is not disclosed, but it is known that the initial surgery date was scheduled for the end of June and was postponed due to the patient's health issues. Additionally, it has been announced that the position of the Link in Nolan Arbo's brain has stabilized—previously, there were reports of the chip shifting.

Groq

As part of the new Series D funding round, Groq aims to raise $300 million, with a subsequent valuation of $2.5 billion. BlackRock is acting as the lead investor in this round. Tiger Global, D1 Capital, and Social Capital are also expected to participate. The round was anticipated to close in early July.

Ramp

Ramp has released several updates to their app. For example, to further automate the purchasing process and protect clients from errors, AI can now generate request forms for the team. Additionally, clients can opt for a notification feature when their planned budget is exceeded.

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