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.....»»
23andMe set to go public via a Virgin Group SPAC merger
Genetics testing and genome research company 23andMe is set to go public via a merger with special purpose acquisition corp (SPAC) VG Acquisition Corp, a vehicle set up by Richard Branson and his company Virgin Group. The transaction is expected to r.....»»
Astra, rocket startup that has yet to conduct a successful launch, is going public
Astra, a US-based rocket startup aiming to build cheap rockets to haul satellites to space, announced Tuesday that it's going public via a reverse merger known as SPAC......»»
Rocket startup Astra is going public via SPAC
Rocket launch company Astra, which just reached space this past December with a test launch from Alaska, will be going public on the Nasdaq via a merger with a special purpose acquisition company (SPAC) called Holicity. The recent SPAC craze has alre.....»»
Rocket startup Astra is going public vis SPAC
Rocket launch company Astra, which just reached space this past December with a test launch from Alaska, will be going public on the NASDAQ via a merger with a special purpose acquisition company (SPAC) called Holicity. The recent SPAC craze has alre.....»»
Battery companies are the latest SPAC target as EVs huge regulatory boost
Batteries are the latest landing pad for investors. In the past week alone, two companies have announced plans to become publicly traded companies by merging with special purpose acquisition companies. European battery manufacturer FREYR said Friday.....»»
Data automotive startup Otonomo to go public via SPAC
Otonomo, the cloud-based software startup that help companies capture and monetize connected car data, is headed to the public market. The Israeli-based startup said Monday it has agreed to merge with special purpose acquisition company Software Acq.....»»
TSMC exploring growth beyond Apple
Pure-play foundry TSMC is aggressively looking for growth beyond demand from Apple, which is currently its biggest client, according to industry sources......»»
Nerdy, a tutoring marketplace startup, is going public via SPAC
A gig economy-powered consumer edtech platform is heading to the New York Stock Exchange. Edtech startup Nerdy, which owns the popular tutoring business Varsity Tutors, is seeking to become a public company through a special purpose acquisition vehic.....»»
Report: WeWork could be getting SPAC’d soon, too
According to a new report in the WSJ, WeWork, the co-working juggernaut that saw its attempt at a public offering blow up in spectacular fashion in the fall of 2019, might become a publicly traded company by merging with a blank-check company. Specif.....»»
The best air purifiers for 2021
The air we breathe indoors should be as clean and pure as possible. Our picks for the best air purifiers help rid your home of allergens and contaminants......»»
UMC sees net profits top NT$10 billion in 4Q20
Pure-play foundry United Microelectronics (UMC) saw its net profits exceed NT$10 billion (US$357.1 million) in the fourth quarter, with profits for 2020 reaching a 14-year high of NT$29.19 billion......»»
Highlights of the day: Intel to outsource 3nm chip production to TSMC
Just days after Intel seemingly dismissed speculation about expanding outsourcing to TSMC, sources from Taiwan's supply chain have disclosed that the US chip vendor has plans to have the pure-play foundry fabricate its core CPUs at 3nm node in 2022......»»
TSMC to make 3nm chips for Intel, sources claim
TSMC has already struck a deal with Intel under which the pure-play foundry will use 3nm process technology to manufacture the US vendor's core CPU products, with volume production scheduled for the second half of 2022, according to sources familiar.....»»
Foundries building additional capacity for automotive chips
Taiwan-based pure-play foundries will be expanding production capacity for automotive chips at a gradual pace, with additional output to arrive as early as the third quarter of this year, according to industry sources......»»
Smart lock maker Latch teams with real estate firm to go public via SPAC
This week, Latch becomes the latest company to join the SPAC parade. Founded in 2014, the New York-based company came out of stealth two years later, launching a smart lock system. Though, like many companies primarily known for hardware solutions, L.....»»
Equity Monday: Clubhouse, Taboola and why the SPAC wave will get worse
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, dig.....»»
Chamath Palihapitiya’s SPAC for Sunlight Financial is another sign of a renewables boom
Former Facebook employee and current enfant terrible of high finance Chamath Palihapitiya is making news again with a $1.3 billion twofer SPAC and PIPE deal into the solar energy financing company, Sunlight Financial. Sunlight Financial is essentiall.....»»
Unpacking Chamath Palihapitiya’s SPAC deals for Latch and Sunlight Financial
Latch is an enterprise SaaS company that makes keyless entry systems for buildings; Sunlight Financial offers point of sale financing for residential solar systems. This morning, investor and SPAC raconteur Chamath Palihapitiya announced tw.....»»
Equity Monday: Clubhouse, Taboola, and why the SPAC wave will get worse
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, d.....»»
Taboola is going public via SPAC
Taboola is the latest company seeking to go public via special purpose acquisition corporation — more commonly known as a SPAC. To achieve this, it will merge with ION Acquisition Corp, which went public in 2020 with the aim of funding an Israeli t.....»»