Battery materials startup Sila announced Tuesday that it raised $300 million to expand its factory in Washington state to produce enough anode material for more than 100,000 electric vehicles. Sila’s expansion comes as demand for electric vehicles in the United States has weakened in the wake of the Trump administration’s efforts to cripple propulsion technology.
While many newer venture capital firms are still struggling to raise fresh capital, Dimension Capital, founded in late 2022, has been raising larger and larger funds in rapid succession. On Tuesday, the New York firm, which invests at the intersection of science and computing, announced an $800 million fund, up 60% from its second $500
Swedish electric and autonomous truck company Einride has agreed to acquire electric vehicle charging startup Flipturn in an all-stock deal worth $38 million. The acquisition, Einride’s first as a publicly traded company, will expand its electric vehicle charging ecosystem as it works to scale its electric truck business. The deal is expected to close this
One of the most important things happening on Earth today is the increase in solar energy. Around the world, companies and countries are rushing to deploy solar power and batteries to achieve energy independence and limit the effects of climate change. However, that construction runs into a challenge in the labor market, with a limited
AI agents are starting to perform more sophisticated tasks, such as identifying suppliers that can deliver cargo, comparing prices, and sending messages to the supplier to arrange a delivery. But when it comes to paying for shipping, they still need to involve a human. Today’s financial sector depends on financial pathways, the underlying infrastructure that
Save You have reached your maximum number of saved items. Remove items from your saved list to add more. TOTOTO A Brisbane woman has given birth to identical quadruplets – an extremely rare event, “one in 15 million” – and doctors say the pregnancy could be the first in Australia. Jenitar Sau Na’amoana, 34, was