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Amazon-backed Glacier gets $16M to expand its robot recycling fleet

The world has a trash problem. The amount of stuff we throw away is expected to nearly double, to 3.8 billion metric tons, by 2050. Reducing what we use would go a long way to addressing the issue, but let’s face it, we’re not very good at buying less either. That leaves recycling, which has … Read more

Dragonfly Capital backs Codex, $16m round

Several startups at the intersection of AI, blockchain, and fintech announced funding rounds this week. Codex raised the most capital, filling its coffers with $15.8 million. Dragonfly Capital led the seed round. According to Fortune, which first broke the news, the effort was part of a seed round with roughly $14 million coming from Dragonfly. … Read more

Polymarket users spin $16m volume on Trump’s picks

Polymarket bettors placed numerous wagers on whether the U.S. Senate would confirm several of President Trump’s nominations. Data from Polymarket, a prediction platform built on Polygon, showed $16.5 million in trading volume for a market titled “Which Trump picks will be confirmed?” So far, users have correctly predicted the Senate confirmation of pro-crypto hedge fund … Read more

Egypt’s Khazna banks $16M for its financial super app and expansion into Saudi

A large portion of Egypt’s population lacks access to traditional banking, forcing many to rely on cash transactions and informal lending. Khazna, a fintech startup founded in 2019, is tackling this issue by offering financial services tailored for low- and middle-income workers. The company provides solutions like salary advances, digital payments, and microloans to help … Read more

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