Peter Thiel’s VC fund backs TreeCard, a fintech that plants trees when you spend

Peter Thiel’s VC fund backs TreeCard, a fintech that plants trees when you spend


Crucial Details
  • TreeCard, a weather-mindful digital funds application, raised $23 million from buyers which includes Peter Thiel’s Valar Ventures, EQT and World Fund.
  • The organization makes use of 80% of the gains it would make from card interchange expenses to plant trees via its companion Ecosia, the Google lookup rival.
  • The offer underscores greater fascination from VC traders in companies addressing local climate improve.



Resource

Michael Burry launches newsletter to lay out his AI bubble views after deregistering hedge fund
Finance

Michael Burry launches newsletter to lay out his AI bubble views after deregistering hedge fund

Michael Burry attends the New York premiere of “The Big Short” at the Ziegfeld Theater in New York City on Nov. 23, 2015. Jim Spellman | WireImage | Getty Images Michael Burry, the investor who shot to fame for calling the housing crash before 2008, has launched a Substack newsletter after deregistering his hedge fund, […]

Read More
Stocks making the biggest moves premarket: Novo Nordisk, Tesla, Alphabet, Oscar Health & more
Finance

Stocks making the biggest moves premarket: Novo Nordisk, Tesla, Alphabet, Oscar Health & more

Check out the companies making the biggest moves in premarket trading: Novo Nordisk — Shares tumbled 10% after the Danish pharmaceutical company’s trial for Alzheimer’s disease failed to meet its main goal of slowing the disease’s progression. Tesla — CEO Elon Musk said on X that the company is close to finalizing its latest artificial-intelligence […]

Read More
A U.S.-China trade truce means more localized technology. How to play it
Finance

A U.S.-China trade truce means more localized technology. How to play it

Source

Read More
Powered by WordPress | WP Magazine by WP Mag Plus