3 lies VCs tell ourselves about startup valuations
VCs need to stop engaging in self-delusion about why a valuation that is too high might be OK. Here are three common lies investors tell themselves to rationalize an undisciplined valuation decision. Scott Lenet Contribu.....»»
This Nigerian Startup’s Minigrid Began as a School Project
When Ifeanyi Orajaka was an undergraduate engineering student in 2008, he had his career all mapped out. After he graduated from the Federal University of Technology in Owerri, Nigeria, his plan was to get a high-paying job at one of the multination.....»»
Rivian"s new Enduro motor helps get the EV startup back on track
The Enduro motor opened up possibilities for Rivian, which had been struggling with supply chain shortages and elevated manufacturing costs at its Illinois factory......»»
New and improved bioink to enhance 3D bioprinted skeletal muscle constructs
An advancement in 3D bioprinting of native-like skeletal muscle tissues has been made by scientists at the Terasaki Institute for Biomedical Innovation (TIBI). The key to the TIBI scientists' approach lies in their specially formulated bioink, which.....»»
Researchers create detailed map of Waiwhetu Aquifer, technique could improve worldwide access to coastal freshwater
For the first time, NIWA used several techniques to map and understand the Waiwhetu Aquifer. This is a reservoir of drinking water that lies beneath the Hutt Valley and Wellington Harbor, and it releases freshwater from deep under the seabed via natu.....»»
How a lone "immigrant" wolf revived a forest ecosystem
In 1997, a lone wolf crossed an ice bridge that briefly connected Canada with the remote Isle Royale, which lies off the coast of Michigan in Lake Superior and is renowned for its rich biodiversity......»»
Treehouse home EV charging startup raises $10 million
The company's value proposition is making the installation process less cumbersome. Users can sign up for the installation, compare prices of different charging rigs and maximize consumer rebates and incentives on Treehouse's website......»»
AirTag again exposes lies told by airlines about lost luggage
A Canadian man recounts how only an AirTag got him his luggage back after United Airlines lost it and persisted in lying about where it was.Sometimes AirTags have given us funny stories about lost luggage going on a better holiday than its owners. So.....»»
GM invests in battery materials startup in quest for lower-cost EVs
GM is the primary automaker customer of Mitra Chem, which aims to reduce battery costs through the use of iron-based cathodes......»»
Deploying a huge antenna on the moon could study its insides
Understanding what lies under the lunar surface could be critical to future exploration efforts. A series of missions have already mapped some parts of the sub-surface of the moon. Still, few have delved deep inside, where large lava caverns or poten.....»»
Neuralink, Elon Musk"s brain implant startup, raises $280 million
Elon Musk's biotechnology startup Neuralink raised $280 million in a fundraising round, the company announced on Monday via X, the Musk-owned social media platform formerly known as Twitter......»»
Forests are breaking up in the tropics but coming together elsewhere. Here"s what it means for wildlife and the climate
In 2015, research on global forest cover revealed a concerning fact: 70% of the world's remaining forest now lies within 1km of the forest's edge. This process, called fragmentation, is causing the deepest and darkest parts of the world's forests to.....»»
Growing inventory boosts July incentives, led by EV offers
EV startup Lucid offered $12,907 per vehicle, followed by Polestar at $7,928, Motor Intelligence said. Incentives helped deliver a strong July sales report for some automakers......»»
Apple Car exec facing SEC lawsuit over previous job at EV startup
One of the top executives working on Apple’s Project Titan self-driving car team is being sued by the SEC. Bloomberg reports that SEC is suing Ulrich Kranz “for allegedly breaking securities rules” during his time as CEO at the electric car sta.....»»
Dubious leaker claims AirTag 2 will launch in 2025
A leaker with one of the worst records for outright lies has chimed in on reports of an AirTag update, making what could be a sensible case for them coming later than predicted.Apple's original AirTagsIt was analyst Ming-Chi Kuo who first mentioned a.....»»
Fisker slashes annual production forecast as supply chain issues linger
The startup automaker now expects to produce between 20,000 and 23,000 vehicles in 2023, down from 32,000 and 36,000 units projected in May. It posted a net loss of $88 million during the Q2......»»
Bollinger Motors plans $44M expansion near Detroit, creating 237 jobs
Bollinger Motors Inc. aims to invest $44 million at its Detroit area manufacturing plant and headquarters in an expansion that would create 237 jobs. The homegrown electric truck startup, bought by Mullen Automotive Inc. last year, is preparing to.....»»
Apple Car external displays could use hi-viz tech to advise other road users
One of the features of Drive.ai, a self-driving car startup acquired by Apple back in 2019, was the use of external displays intended to let pedestrians and other road users know what the car was doing. A new patent for Apple Car external displays s.....»»
This Startup Wants to Give Farmers a Closer Look at Crops—From Space
A UK company cofounded by an astrophysicist combines AI with radar satellite imagery to keep track of vegetation, and eventually to make forecasts about its growth......»»
Bureau raises $16.5 million to help users prevent fraud
Bureau is announcing an additional $4.5m from GMO VenturePartners, GMO Payment Gateway, and existing investors to complete its series A funding round at $16.5m. With the completion of the latest round, total funding for the startup has reached $20.5m.....»»
Image: Hubble views a galactic monster
The NASA/ESA Hubble Space Telescope has captured a monster in the making in this observation of the exceptional galaxy cluster eMACS J1353.7+4329, which lies about eight billion light-years from Earth in the constellation Canes Venatici. This collect.....»»