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.....»»
Aeye becomes latest lidar company to go public via SPAC
Aeye, a lidar startup that developed its technology for use in autonomous vehicles as well as to support advanced driver assistance systems in passenger cars, is going public through a merger with CF Finance Acquisition Corp. III that will value the.....»»
Car-sensor startup AEye to go public in $2 Billion SPAC deal
The merger will net $455 million in cash for Continental-backed AEye, which the company will use to further develop its lidar and software systems......»»
Lucid Motors nears SPAC deal valuing firm at $12 billion, report says
The merger between Lucid and Churchill Capital IV Corp. would be the biggest in a string of deals by EV makers such as Nikola and Fisker that have gone public by combining with special-purpose acquisition companies......»»
Inside Rover and MoneyLion’s SPAC-led public debuts
If we are not careful, every entry of this column could consist of SPAC news. If we are not careful, every entry of this column could consist of SPAC news. Special purpose acquisition companies, or blank-check companies, whatever you prefer.....»»
Investors’ SPAC push could revamp the private market money game
A new era of venture, or just another temporary weirdness caused by zero-cost money and an overabundance of bored cash? Since last year, we’ve been tracking the growing list of capitalists who got into the SPAC game. You can read an i.....»»
With a reported deal in the wings for Joby Aviation, electric aircraft soars to $10B business
One year after nabbing $590 million from investors led by Toyota, and a few months after picking up Uber’s flying taxi business, Joby Aviation is reportedly in talks to go public in a SPAC deal that would value the electric plane manufacturer a.....»»
As more insurtech offerings loom, CEO Dan Preston discusses Metromile’s SPAC-led debut
We spoke to Metromile CEO Dan Preston about what the day meant for his company and learn more the SPAC process for our own enjoyment. Metromile began trading as a public company yesterday. Its exit from the private market was accelerated by.....»»
As more insurtech offerings loom, CEO Dan Preston discusses MetroMile’s SPAC-led debut
We spoke to MetroMile CEO Dan Preston about what the day meant for his company and learn more the SPAC process for our own enjoyment. MetroMile began trading as a public company yesterday. Its exit from the private market was accelerated by.....»»
Auto retail veteran McLarty leads new SPAC
Franklin McLarty said last week that MDH is open to automotive retail as a target sector, but he and his team likely aren't interested in traditional franchised dealerships......»»
How will investors value MetroMile and Oscar Health?
What we learn today will hopefully bear on other insurtech startups that want liquidity during the current cycle. Last night, MetroMile and SPAC INSU Acquisition Corp. II completed their combination, putting the per-mile auto insurance star.....»»
Archer lands $1.1B order from United Airlines and a SPAC deal
Archer Aviation, the electric aircraft startup targeting the urban air mobility market, has landed United Airlines as a customer and an investor in its bid to become a publicly traded company via a merger with a special purpose acquisition company. .....»»
PSA: Most aggregate VC trend data is garbage
“Seed rounds are up!” “Seed rounds are higher valued than ever!” “There were 10% less VCs investing in seed rounds last year!” !!!!!!!!! We’ve all seen these stories, and we’re fine connoisseurs of them here at TechCrunch, for sure. T.....»»
Taiwan foundries gearing up for capacity expansions
Taiwan-based pure-play foundries are gearing up for capacity expansions in 2021 to satisfy growing customer demand, according to industry observers......»»
Micromobility startup Helbiz to go public via a SPAC, and will expand into ghost kitchens
Micromobility startup Helbiz, which now operates across Europe and the USA, is merging with a special purpose acquisition company (SPAC) to become a publicly listed company, giving it a war chest to potentially roll-up smaller competitors in the spac.....»»
2-D centrosymmetrical antiferromagnets model produces pure spin current
Pure spin current without any accompanying net charge current can ensure low dissipation in information processing and storage......»»
TSMC ecosystem partners set to enjoy strong 1Q21
TSMC's ecosystem partners based in Taiwan are expected to post strong sales results for the first quarter of 2021, as well as the entire year, buoyed by brisk demand for chips fabricated by the pure-play foundry, according to industry sources......»»
Political pressure challenging TSMC
TSMC is believed to have been under political pressure to set up an advanced wafer fab locally in the US in the wake of the US-China trade war. The pure-play foundry has also come under the spotlight amid a global shortage of automotive chips, accord.....»»
SoftBank files for a double scoop of SPAC
The SPAC mania continues unabated, with new SPACs being filed with the SEC on an almost hourly basis at times. SoftBank, the Japanese telecom conglomerate which has also been running the gigantic Vision Fund and its successor, doesn’t want to be le.....»»
SMIC to focus on non-FinFET capacity expansion in 2021
Semiconductor Manufacturing International (SMIC), China's most advanced and largest pure-play foundry, has set its capex target this year at US$4.3 billion in which the majority will be spent on its non-FinFET capacity expansion......»»
Daily Crunch: Microsoft rethinks corporate intranet
Microsoft tries to improve corporate intranet, Google will offer new smartphone health measurements and 23andMe is going public via SPAC. This is your Daily Crunch for February 4, 2021. The big story: Microsoft rethinks corporate intranet Microsoft l.....»»