(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…
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…
Funding news: AI-fueled drug discovery startup and auto safety company raise cash
Variational AI CEO Handol Kim. (Variational AI Photo) The news: Variational AI, a Vancouver, B.C.-based company leveraging artificial intelligence to help develop new small molecule drugs, has raised $3.5 million in seed funding. The tech: Variational…
Turkish delivery company Getir launches U.S. operations
ISTANBUL, Nov 11 (Reuters) – Turkey’s ultrafast grocery-delivery company, Getir, said on Thursday it has launched operations in the United States, seeking a foothold in the world’s largest retail market only a few months after expanding…
Facebook Learns There’s Another Company Named Meta Already
Facebook rebranded as Meta last month, but a PC company already called Meta has something to say about that. According to TMZ, another company already filed to trademark the word “Meta” back in August. This company is Meta PC, and it sells…
Tech Insurance Company Lemonade To Monitoring Driving Habits
Will drivers allow an insurance company to track their every move? Lemonade thinks so, and on Wednesday the firm added auto insurance to its portfolio of existing renter, home, pet, and life policies. The twist: it will set rates by detailing…
Pueblo’s newest company converts plastic waste into asphalt product
A new startup company plans to help reduce some of Pueblo’s waste plastic and reuse it in a product that makes roads stronger and less expensive. Ecologic Materials Corp. is setting up shop at 1107 S. Santa Fe Ave. in a 1950s building that has sat…
Funding news: Aging-wellness startup lands $27M; fintech company Embed raises $60M pre-launch
The Modern Age team, with CEO Melissa Earner on far right, back row. (Modern Age Photo) Here’s our latest rundown on recent startup investment news in the Pacific Northwest. — Can a startup help you combat aging? That’s the pitch behind Modern Age, which…
Ford Motor Company (NYSE:F), Amazon.com, Inc. (NASDAQ:AMZN) – Ford Exits Rivian Board Ahead Of EV Startup’s IPO
Ford Motor Co (NYSE: F) has vacated its seat on the board of electric vehicle startup Rivian Automotive Inc ahead of the latter’s initial public offering, Bloomberg News reported on Wednesday. What Happened: Ford Vice President of Corporate…
NISSAN MTR SPON AD (OTC:NSANY), Ford Motor Company (NYSE:F) – Nissan To Upgrade Two US Plans Amid Electric Vehicle Push: What You Need To Know
Japan’s Nissan Motor Co (OTC: NSANY) will spend about $700 million at two U.S. manufacturing plants to implement new technologies to make electric vehicles, Bloomberg News reported, citing a company executive. What Happened: The new investment is part of…