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Department of Justice opens investigation into EV startup Lordstown Motors

Department of Justice opens investigation into EV startup Lordstown Motors

by sibi1 | Jul 3, 2021 | Uncategorized

Lordstown Motors continues to stumble. The beleaguered electric vehicle startup is now being investigated by the Department of Justice, in addition to an ongoing investigation by the Securities and Exchange Commission. The investigation, first broke by the Wall Street...
Rohlik raises $119M at a $1.2B valuation to grow its 2-hour grocery delivery service in Europe

Rohlik raises $119M at a $1.2B valuation to grow its 2-hour grocery delivery service in Europe

by sibi1 | Jul 1, 2021 | Uncategorized

“Instant” grocery delivery has been a big theme among food startups in Europe, where customers can order from a limited assortment of items and get their purchases packed from “dark stores” and delivered in sometimes as little as 10 or 15 minutes. But today a startup...
Uber’s first head of data science just raised a new venture fund to back nascent AI startups

Uber’s first head of data science just raised a new venture fund to back nascent AI startups

by sibi1 | Jul 1, 2021 | Uncategorized

Kevin Novak joined Uber as its 21st employee its seventh engineer in 2011, and by 2014, he was the company’s head of data science. He talks proudly of that time, but like all good things, it ran its course and by the end of 2017, having accomplished what he wanted at...
Nodes & Links raises $11M to — maybe — save billions on the big projects the world needs now

Nodes & Links raises $11M to — maybe — save billions on the big projects the world needs now

by sibi1 | Jul 1, 2021 | Uncategorized

Nodes & Links is a scheduling platform for large-scale infrastructure projects which works out when the nuts and bolts for the bridge (for example) should be delivered, and in what order. Unsurprisingly, complex infrastructure projects often get this wrong. The...
VividQ, which has raised $15M, says it can turn normal screens into holographic displays

VividQ, which has raised $15M, says it can turn normal screens into holographic displays

by sibi1 | Jul 1, 2021 | Uncategorized

VividQ, a UK-based deeptech startup with technology for rendering holograms on legacy screens, has raised $15 million to develop its technology for next-generation digital displays and devices. And it’s already lining up manufacturing partners in the US, China and...
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