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Rivian CEO Warns Of Coming EV Battery Supply Shortage | ZeroHedge

From: zerohedge Rivian CEO Warns Of Coming EV Battery Supply Shortage | ZeroHedge Rivian’s CEO is warning about a forthcoming shortage of battery supplies and says the forthcoming challenge from such a shortage would be more profound for the industry than the current semiconductor shortage.  EV companies are in the midst of trying to scramble[…]

Bolt valuation tanks after founder slams Silicon Valley ‘mob bosses’

From: nypost Bolt valuation tanks after founder slams Silicon Valley ‘mob bosses’ A multibillion-dollar tech startup whose founder made waves earlier this year when he compared Silicon Valley to a “boys’ club” full of “mob bosses” has since seen its valuation in the secondary market crumble, The Post has learned.  San Francisco-based Bolt, which makes[…]

Microsoft dives into Web3 with investment in Ethereum co-founder’s start-up ConsenSys 7Bn val

From CNBC: Joseph Lubin, co-founder of Ethereum. Adam Jeffery | CNBC Blockchain start-up ConsenSys has raised $450 million in a new round of funding that more than doubles its valuation to $7 billion. The cash injection was led by ParaFi Capital, ConsenSys said Tuesday, with Microsoft, Japan’s SoftBank and Singapore’s Temasek also joining as new investors in[…]

Fintech start-up Varo Bank triples valuation to $2.5 billion after gaining bank charter

From CNBC Sept 2021: Varo Bank has more than tripled its valuation after gaining a national banking charter last year, CNBC has learned. The company is set to announce Thursday that it raised $510 million in a Series E round led by hedge fund Lone Pine Capital and including dozens of new and existing investors. The[…]

Relativity Space takes a high tech approach to space manufacturing — 4/9/2022 – Charlotte, NC — In case you haven’t heard of Relativity Space, it’s a company that 3d prints rockets.  You heard that right, they print cones and rocket parts from a factory, run by robots and computers.  To get an idea of how this actually works, you can watch this short 2[…]


Crypto giant FTX in talks to invest in Indian gaming startup MPL

From Tech Crunch Image Credits: Mobile Premier League India’s Mobile Premier League, or MPL, is in talks to raise capital from a number of investors including the crypto exchange FTX as the mobile gaming startup prepares to make a web3 push, three sources familiar with the matter told me. An investment will mark a significant shift[…]