IDA, a Hong Kong-based Fiat-referenced Stablecoin Issuer, Raised USD6 Million Seed Round Led by CMCC Global and Hashed


IDA, a Hong Kong-based digital asset company, has raised USD6 million in a seed funding round led by prominent blockchain investors CMCC Global, under its Titan Fund, and Hashed. This capital injection will enable IDA to advance the development and launch of its first fiat-referenced stablecoin, HKDA, which is designed to be regulated in Hong Kong.
Investment themes
Referenced countries

Female-led Swiss Deep Tech start-up Apheros secures $1.85M to cool down data centers, using high performance cooling systems


Data centers are the backbone of the digital age, with unprecedented demand for digital infrastructure driven by the surge in the use of AI, machine learning, and supercomputing. However, their energy consumption is skyrocketing. By 2030, an estimated six percent of global energy consumption will be used specifically for cooling data centers. A shift from traditional cooling methods to more cost- and energy efficient liquid-based solutions is inevitable.

Referenced countries

DocPro Secures $500,000 Pre-Seed Investment from Multiway Industries to Drive Legal Tech Innovation


DocPro Limited, a leading legal technology company, is pleased to announce the successful completion of a $500,000 pre-seed investment round from Multiway Industries. This strategic investment underscores DocPro's commitment to streamlining and enhancing the delivery of legal services through innovative AI-powered solutions.

Referenced countries

Aspen Aerogels, Inc. Announces $125 Million Term Loan and $100 Million Revolving Credit Facility with MidCap Financial, and Full Cash Redemption of Legacy Convertible Note


Actions aimed at reducing cost of capital and providing financing flexibility. Collateral structure excludes planned second aerogel manufacturing facility (Plant II) in Statesboro, Georgia. Proceeds used to cash redeem existing convertible note and support supplemental Plant II debt financing.
Referenced countries