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A New Bitcoin Behemoth, Mecca of Mining, and Drones for the US Military

A New Bitcoin Behemoth, Mecca of Mining, and Drones for the US Military

Uncovering the world’s most exciting early stage companies. Discover what’s next.

The World's Biggest Bitcoin Mining Merger is Now Complete

Hut 8 (NASDAQ:HUT) has successfully completed their merger with US Bitcoin, creating a combined entity that is not only one of the largest publicly traded Bitcoin mining companies in the world but also a significant operator in high performance computing.

Could Oregon Become The Next Mecca of Mining?

Provenance Gold (CSE:PAU | OTCQB:PVGDF) is betting that Oregon will soon play a significant role in the future of gold exploration. Oregon’s past hostility to mining companies led to a lack of exploration in the state, but a recent shift in regulatory attitude is changing that. Provenance has recently undertaken the most significant effort to drill their flagship Eldorado property in decades, and expect full summaries in the coming weeks.

The Drone Startup Backed By The United States Military

Darkhive has raised $4 million in a seed round led by Crosslink Capital and notable venture funds MVP Ventures, Capital Factory and Stellar Ventures. The company’s drones specialize in tactical surveillance and threat detection, and have received over $14 million in contracts to date from the United States Department of Defense.

The Sprint

ZeroAvia has raised $116 million to advance their hydrogen powered aircraft in a round that included Bill Gates’ Breakthrough Energy Ventures and Amazon’s Climate Pledge Fund.
HEALWELL AI (TSX:AIDX) has acquired Pentavere AI, an artificial intelligence engine able to identify patients that may benefit from approved medications or therapeutic interventions.
Clever Carnivore raised a $7 million seed round led by prolific alternative protein venture fund Lever VC. The company is leveraging biotechnology to produce cell cultivated chicken, beef and pork for human consumption.