Tether backs stablecoin liquidity provider Mansa in $10M seed round

As payment companies increasingly explore stablecoins for cross-border payments and real-time settlement, some startups are tapping into the zeitgeist by providing liquidity via a revolving line of credit in stablecoins. One of them is Dubai-based but Africa-focused Mansa, whose offering allows payments companies to settle transactions and fund customer accounts instantly. The startup has raised … Read more

MANTRA Launches Program for Real-World Asset Startups With Google Cloud Support

Layer 1 blockchain MANTRA has launched a startup accelerator program aimed at advancing the tokenization of real-world assets (RWAs), with backing from Google Cloud. The initiative, dubbed RWAccelerator, offers startups funding, expert mentorship, AI-driven resources and technical support as they build solutions in sectors like real estate, financial products and alternative assets, the companies announced … Read more

Spore.Bio raises $23M to apply machine learning to microbiology testing

Recalls in the food and beverage industry due to contamination incidents can have catastrophic effects. Not only do companies have to pay fines and damages, but the impacts on the brand’s reputation can be long-lasting. That’s why Spore.Bio, a Paris-based deeptech startup, is trying to reinvent microbiology testing to avoid the next PR crisis in … Read more