(RIVN), Ford Motor Company (NYSE:F) – Why Ford Is Terminating Its Joint EV Development Plan With Rivian?
Ford Motor Company (NYSE: F), which is one of the early backers of EV startup Rivian Automotive, Inc. (NASDAQ: RIVN), is shelving its plan to develop an EV with the latter altogether. What Happened: As Ford steps on the gas on its EV transition, the…
Startup community expanding in Waterville, central Maine
Thomas College and Colby College have entrepreneur programs and resources for students as more start-up companies launch in Waterville. WATERVILLE, Maine — It is a good weekend for young entrepreneurs or startup companies to tune in to Thomas…
Ford drops its plans to develop EVs with Rivian
Rivian, the truck-focused EV startup, might not play as much of a role in the future of Ford’s electric-vehicle strategy as had been previously indicated. In an Automotive News interview cited by the publication Friday, Ford CEO Jim Farley confirmed…
Ford drops plan for Rivian-powered EV
Ford no longer plans to make an electric vehicle with EV startup Rivian, CEO Jim Farley tells Automotive News. The Detroit automaker originally announced it wanted to make a Rivian-powered EV in 2019 when it made its first investment of $500 million into…
Funding news: Angel conference backs brain device startup, weapons detection company lands $15M
BrainSpace CEO Caitlin Morse. (LinkedIn Photo) The news: Five startups jostled for $200,000 in funding in the final round of the Seattle Angel Conference, with new medical device company BrainSpace rising to the top. The crown: BrainSpace will use the…
Black News Channel wants to give a voice to an underserved audience
Like the other cable news networks, Black News Channel reported on Gabby Petito, the 22-year-old woman who went missing in September and was found dead later that month. But the reporting was supplemented with discussions about the obsessive coverage…
Fisker: Why EV startup valuations are sky high and going higher
Is Fisker the next electric vehicle unicorn? The California-based EV company unveiled a final prototype here this week of its first, widely-anticipated SUV, the Ocean, with production to begin in November 2022. If Fisker, run by EV pioneer Henrik Fisker,…
Columbia tech group partners with Mapquest cofounder to increase area startups | Columbia Business
COLUMBIA — As Columbia tries to grow its technology sector, a group of startup companies is merging its efforts with the city and county, working alongside Mapquest co-founder Chris Heivly to improve entrepreneurial supports in the Capital City. GrowCo…
Seattle appraisal startup Aloft lands $20M from real estate heavyweights
The Aloft team in Seattle. (Photos courtesy of Aloft/Zack Phillips Photography) The news: Seattle-based real estate startup Aloft raised $20 million to grow its software platform used for home appraisals. The gist: Founded earlier this year, Aloft aims…
Richmond wine investment startup Vint raises $1.7M
Richmond-based alternative investment platform Vint has raised a $1.7 million pre-seed round that co-founder Nick King said will be used… Richmond-based alternative investment platform Vint has raised a $1.7 million pre-seed round that co-founder Nick…