Wholesale marketplace Abound raises $22.9M
Abound, an online marketplace that helps independent retailers stock their shelves with new products from up-and-coming brands, is announcing that it has raised $22.9 million in its first institutional round of funding. CEO Bill Shope founded the com.....»»
Deepwatch raises $180 million to accelerate platform innovation
Deepwatch has unveiled a total of $180 million in equity investments and strategic financing from Springcoast Capital Partners, Splunk Ventures and Vista Credit Partners, a subsidiary of Vista Equity Partners and strategic credit and financing partne.....»»
Battery startup NanoGraf raises $65M to make lithium batteries more energy dense
Chicago's NanoGraf previously produced silicon anodes in Japan but took advantage of a 10 percent tax credit to start producing battery materials in the U.S......»»
UAW chief: Restoring cost-of-living raises a top contract priority
Ray Curry, in the midst of a runoff election to remain president, says if he's reelected he can work with new members of the UAW board who have been critical of his leadership......»»
Tokyo Electron raises outlook despite expanding US curbs on China
Tokyo lifted its outlook for the full-year performance and would continue its operation in China despite a potentially expanded US ban to include Japan and the Netherlands......»»
Opscura raises $9.4 million to address industrial cybersecurity challenges
Opscura has received $9.4M in Series A funding as it scales to engage further U.S. partners and customers seeking to protect and connect their critical operations. Founded in Spain as Enigmedia, the new global entity Opscura is also launching a new b.....»»
Wholesale used-vehicle prices climb again in January
Wholesale used-vehicle prices rose for a second month in a row in January, the result of higher-than-expected demand, according to one major indicator. Cox Automotive said Tuesday its Manheim Used Vehicle Value Index — a measurement of wholesale.....»»
Tesla raises Model Y prices after Treasury says it counts as an SUV
After dropping prices by up to $13,000, now they've increased by up to $2,000. Enlarge / Tesla Model Y electric vehicles in a lot at the Tesla Inc. Gigafactory in Gruenheide, Germany, on Saturday, Jan. 21, 2023. (credit: Liesa Jo.....»»
EV battery inspection startup Liminal raises $17.5 million
Sweden's Northvolt and Canada's ArcTern Ventures joined this funding round for startup Liminal......»»
Tesla raises Model Y prices $1,000
Tesla raised prices in the United States of its best-selling vehicle, the Model Y, by $1,000 after the government raised the ceiling on the price of crossover electric vehicles eligible for tax credits......»»
Gem Security emerges from stealth and raises $11 million
Gem Security has emerged from stealth, launching its Cloud TDIR (Threat Detection, Investigation and Response) platform and announcing $11 million in seed funding led by Team8. The adoption of cloud infrastructure is increasing and diversifying the a.....»»
Automated driving startup Phantom AI raises $36.5 million in latest funding round
Bay Area startup Phantom AI said Wednesday it has closed its series C funding round. Currently, the company is focused on speeding the development of driver-assist technology......»»
Sentra raises $30 million to meet growing demand for data security in the cloud
Sentra has completed a $30 million Series A funding round led by Standard Investments with participation from Munich Re Ventures (MRV), Moore Strategic Ventures, Xerox Ventures and INT3 as well as existing investors Bessemer Venture Partners and Zeev.....»»
Battery startup Our Next Energy raises $300 million in new funding round
Battery startup Our Next Energy Inc., known as ONE, closed a $300 million investment round, the company said Wednesday. It came amid broad economic headwinds, and funds ongoing construction at its Michigan factory......»»
GM reports US$14.5 billion 2022 pretax profit, seeing China income decline
General Motors saw its 2022 wholesale volume grow about 25% from last year, bringing the automaker a record EBIT-adjusted US$14.5 billion. It plans to invest US$650 million in the largest lithium project in the US to secure battery materials supply......»»
BOXX Insurance raises $14.4 million to help customers stay ahead of cyber threats
BOXX Insurance has unveiled a US$14.4 million Series B funding round, bringing the total amount raised from investors to US$24.5 million in the last 16 months. The latest investment was led by Zurich Insurance Company (Zurich). BOXX also unveiled tha.....»»
Why Bother Bringing Back the Dodo?
Audacious plans to resurrect the long-extinct bird could be lucrative. But the moonshot raises thorny philosophical questions......»»
EV charging company Lynkwell raises $30M from investment firm"s affiliates
Lynkwell will use the funds to build out its EV charging infrastructure across North America and scale up its operations and expand support services for existing and new charging network developers......»»
Tesla raises Model Y price $500 after cutting it by $13,000
Tesla's Model Y now starts at $53,490 before fees, keeping it under the $55,000 price cap to qualify for the new EV tax incentive. But two popular options — premium wheels and red paint for $2,000 each — now push it above the price cap......»»
Outrider raises $73M in new funding
Fresh funding for Outrider, a Colorado startup developing self-driving systems for truck yard operations, will allow the company to scale its technology faster and add employees both domestically and abroad......»»
nsKnox raises $17 million to strengthen B2B payment security
nsKnox has unveiled a new funding round of $17 million, bringing its total funding to date to $35.6M. Two new investors, U.S.-based Internet & technology venture capital firm Link Ventures and Harel Insurance & Finance, took a significant part in the.....»»