Not every SPAC is pure garbage
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter for your weekend enjoyment. Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that a.....»»
PSMC breaks ground for new 12-inch wafer fab in northern Taiwan
Pure-play foundry Powerchip Semiconductor Manufacturing (PSMC) broke ground for a new 12-inch wafer fab at the Tongluo campus of the Hsinchu Science Park (HSP) on March 25......»»
SEC to review Lordstown Motors" SPAC deal, vehicle preorders
The electric pickup truck maker said it is responding to the regulator's requests and intends to cooperate with its inquiry......»»
Acquisition-happy space infrastructure company Redwire set to go public via SPAC
The latest in a string of space tech SPACs announced this year is Redwire, an entity created by a PE firm in 2020, which has acquired a number of smaller companies including Adcole Space, Roccor, Made in Space, LoadPath, Oakman Aerospace, Deployable.....»»
Dangerous landfill pollutants ranked in order of toxicity
Nearly 2,000 active landfills are spread across the U.S., with the majority of garbage discarded by homes and businesses finding its way to a landfill. The resulting chemicals and toxins that build up at these sites can then leach into soil and groun.....»»
Australian lidar maker Baraja collects $31M B round to illuminate the future of autonomy
Lidar companies across the planet are going SPAC, but Baraja isn’t in a hurry to go public. The Australian lidar maker has raised a $31M B round to continue the deployment and development of its “unique and ingenious” imaging system.....»»
Muscle cramp? Drink electrolytes, not water, study shows
If you reach for water when a muscle cramp strikes, you might want to think again. New research has revealed drinking electrolytes instead of pure water can help prevent muscle cramps......»»
ironSource is going public via a SPAC and its numbers are pretty good
Let's rewind back through TechCrunch's ironSource coverage during its life as a private company and then examine its financial results. Israel’s ironSource, an app-monetization startup, is going public via a SPAC. But before you tune.....»»
Highlights of the day: Foundry houses to introduce floating pricing
Supply in the semiconductor market has been so tight that prices in many segments, including foundry services, have been rising. Taiwan's pure-play foundry houses are now in contract talks with clients for 2022, and they are looking to introduce floa.....»»
Pure-play foundries mulling floating price contracts for 2022
Taiwan-based pure-play foundries are already in talks with clients about contracts for 2022, and intend to implement a floating pricing policy amid tight capacity, according to industry sources......»»
Real estate tech startup Offerpad to go public via SPAC merger in $3B deal
Offerpad is the latest proptech company to go public via a SPAC merger. The Phoenix, Ariz.-based company announced Thursday its plans to go public by merging with Supernova Partners Acquisition Company in a deal valued at $3 billion. The transaction.....»»
Trading platform eToro to go public via SPAC merger in $10B deal
Multi-asset investing and trading platform and Robinhood competitor eToro announced Tuesday it will go public via a merger with SPAC FinTech Acquisition Corp. V in a massive $10.4 billion deal. Once the transaction closes sometime in the third quarte.....»»
SMIC striving to regain chip orders
With the US trade restrictions on Semiconductor Manufacturing International (SMIC) reportedly easing, the China-based pure-play foundry is striving to regain orders particularly those for its 14nm FinFET process, according to industry sources......»»
Velodyne founder who quit now attacks board as SPAC deal turns sour
In a March 9 letter to the board, founder David Hall called the company's corporate governance "broken" and said he chose to resign because of "numerous concerns about the strategic direction and current leadership of Velodyne Lidar.”.....»»
While eyeing a SPAC, Swedish autonomous EV company Einride nears $75 million in new funding
Swedish autonomous electric vehicle startup Einride is aiming to continue the momentum sparked by partnerships with Oatly and Lidl, by seeking additional capital, TechCrunch has learned. Einride is seeking $75 million in new financing, while a.....»»
Sequoia-backed driverless truck startup seeks SPAC merger, report says
The Sequoia Capital-backed company has received several letters of intent from U.S.-listed SPACs and is weeks away from a deal announcement, Bloomberg reported......»»
UMC to see 1Q21 revenue hit another record high
Pure-play foundry United Microelectronics (UMC) is poised to see its first-quarter revenue hit another record high, according to market observers......»»
TSMC sees revenue per wafer surge
TSMC was the only pure-play foundry manufacturing ICs using both 7nm and 5nm process nodes, which boosted its overall revenue per wafer significantly in 2020, according to IC Insights......»»
Proptech startup States Title, now Doma, going public via SPAC in $3B deal
Real estate tech startup Doma, formerly known as States Title, announced Tuesday it will go public through a merger with SPAC Capitol Investment Corp. V in a deal valued at $3 billion, including debt. SPACs, often called blank-check companies, are in.....»»
How does plastic debris make its way into ocean garbage patches?
Tons of plastic debris get released into the ocean every day, and most of it accumulates within the middle of garbage patches, which tend to float on the oceans' surface in the center of each of their regions. The most infamous one, known as the Grea.....»»
Rocket Lab joins the SPAC craze
Rocket Lab joins the SPAC craze.....»»