Battery unicorn Northvolt files for bankruptcy, co-founder and CEO resigns | TechCrunch
The company chose Chapter 11 in an effort to right its listing finances.
© 2024 TechCrunch. All rights reserved. For personal use only.
The company chose Chapter 11 in an effort to right its listing finances.
© 2024 TechCrunch. All rights reserved. For personal use only.
The company chose Chapter 11 in an effort to right its listing finances.
© 2024 TechCrunch. All rights reserved. For personal use only.
Silicon Valley unicorn Lyten will gain equipment and space to start making its lithium-sulfur batteries.
© 2024 TechCrunch. All rights reserved. For personal use only.
Tozero, a Munich-based startup that recovers valuable raw materials from recycled lithium-ion batteries, is gearing up to scale. The startup just closed an oversubscribed €11 million seed round (around $11.7M) to step up production by building its first industrial deployment (A.K.A first-of-a-kind or FOAK) plant. Currently, Tozero’s pilot plant processes nine tonnes of lithium-ion battery […]
© 2024 TechCrunch. All rights reserved. For personal use only.
America’s supply chain vulnerabilities were on full display Thursday after drone manufacturer Skydio told customers it was facing a battery squeeze after being hit with sanctions from China. “This is an attempt to eliminate the leading American drone company and deepen the world’s dependence on Chinese drone suppliers,” Skydio CEO Adam Bry said in a […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Navigating the complex decision of when to sell a startup or keep pushing forward is one of the toughest challenges founders face. In an era where IPOs are frequently delayed and acquisition offers arrive earlier, determining the right moment to either cash out or stay independent is increasingly nuanced. We’re excited to welcome three distinguished […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Apple worked with a Chinese automaker for years to design a battery system for its now-canceled car project. That’s according to Bloomberg, which reports that Apple was collaborating with BYD Co., a Shenzhen-based car company, to develop batteries using lithium iron phosphate (LFP) cells. Apple contributed engineering expertise, specifically in areas like heat management and […]
© 2024 TechCrunch. All rights reserved. For personal use only.
General Motors is working with Forge Nano, a materials science startup, to find new ways to enhance the performance and lifetime of electric vehicle battery cells. The automaker’s investment arm, GM Ventures, on Wednesday injected $10 million into Forge Nano, which is developing a thin coating the startup says will help improve safety and increase […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Meet Storio, a French startup that’s focused on providing smart energy storage for commercial and industrial customers. Founded in 2023, the startup raised a €5 million seed round earlier this year (around $5.5 million at current exchange rates) and has signed its first client. Storio believes solar panels have a bright future. But the company […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Lithios is part of a fresh crop of startups is trying to meet the booming demand for lithium by extracting it from subsurface brines.
© 2024 TechCrunch. All rights reserved. For personal use only.
Founded in 2017, Atoms Lanka Solutions is a provider of IT consulting and software development services. Throughout the company’s history, we have worked with over 160 customers from 5+ countries..
