Tag Archives: funding

LM Funding America, Inc. Announces Strategic Collaboration with Arthur Mining to Support Development of New Hosting Sites with Dedicated Capacity Expected to Drive Revenue Growth and Significant Cost Efficiencies

LM Funding America, Inc.LM Funding America, Inc.

LM Funding America, Inc.

Tampa, FL, June 07, 2024 (GLOBE NEWSWIRE) — LM Funding America, Inc. (NASDAQ:LMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, today announced a strategic collaboration to support the development of a new 15 MW hosting site being developed by Arthur Mining Inc., near Oklahoma City. In connection with collaboration, LM Funding has committed to loaning $2.5 million to a new joint venture, majority-owned by Arthur Mining and co-owned by a third-party, in order to accelerate completion of the 15 MW hosting site.

As part of the agreement, the Company has entered into a hosting contract with Arthur Mining for approximately 3,000 of the Company’s Bitmain Antminer S19j Pro machines to be deployed at the new…


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BotGuard Raises €12M in Series A Funding

BotGuard OÜ

BotGuard, a Tallinn, Estonia-based cybersecurity software company, raised €12M in Series A funding.

The round was led by MMC Ventures. Existing investors Tera Ventures and Expeditions Fund also participated in the round, alongside prominent angel investors including Stefan Lindeberg.

The company intends to use the funds to further develop its technology, recruit tech development talent, and expand its sales and marketing teams as it continues to scale globally. 

Founded in 2019 by Nik Rozenberg, CEO, and Denis Prochko, CTO, BotGuard is a global web traffic management company that enables businesses to manage good, bad, and neutral web traffic. Its proprietary technology selectively blocks negative traffic (malicious bots) and neutral traffic – which would…


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