EnerVenue, a startup that has developed an alternative to lithium-ion batteries for long-duration renewable energy storage, is raising $515 million in fresh equity, per an SEC filing seen by TechCrunch.
The company is in the process of building a gigawatt-scale factory in Kentucky to produce its nickel-hydrogen batteries, an endeavor that’s estimated to cost $264 million.
So far, EnerVenue has raised $308 million of the $515 million target, the filing says.
Nickel-hydrogen batteries aren’t as energy dense as lithium-ion, meaning they won’t be competing for space in electric vehicles quite yet.
The next challenge will be completing the factory, scaling production and sending its novel batteries out into the world.
Every company, large or small, needs to choose software, and the bigger the company, the more complex the exercise.
Some have internal tools and processes to help narrow down the list of possible vendors and eventually make a selection.
“Taloflow replaces homegrown technology and software selection processes that can last weeks or months,” the startup’s CEO and co-founder, Louis-Victor Jadavji, told TechCrunch.
“Unlike Gartner or G2, which offer mostly generic insights, Taloflow creates tailored reports for specific use cases,” he said.
Taloflow has built large language models that sift through publicly available information and speed up the time and cost of generating the base reports.
Climate change.
The UK will be even better off, gaining 40 outdoor days by the end of the century.
Illinois will lose more than a month of outdoor days by the 2080s as the summers grow unbearably hot.
Nigeria’s summers will grow even hotter and longer, lopping off nearly two months of outdoor days.
Both Nigeria and India would only lose one month of outdoor days, and more northerly regions retain some of their added outdoor days.
“[W]e await feedback from the Irish Data Protection Commission [DPC], our lead data protection regulator in the EU,” he added.
While Meta’s compliance with the GDPR is led by the Irish DPC, under the regulation’s one-stop-shop.
This structure does not mean the Irish authority gets final say on Meta’s compliance with EU privacy rules, though.
In the case of Meta, this has frequently led to objections from other data protection authorities which have landed stiffer enforcements than the DPC originally proposed.
So who gets the final say on the GDPR compliance of Meta’s consent mechanism is complex too.
Coreshell, a battery materials startup, revealed a breakthrough this week that could lower the cost of lithium-ion batteries.
Forecasts for cheaper EVs are counting on a steady stream of technological improvements, including better battery materials.
Coreshell’s first product will be a silicon anode paired with a lithium-iron-phosphate (LFP) cathode.
Coreshell predicts that its silicon anodes might even give LFP an edge over traditional NMC cells with graphite anodes.
Granted, their silicon anode materials will cost more, but they’ll have the benefit of scale and experience to help bring costs down.
But then there’s methane, which has driven about 30% of climate change, according to the IEA.
Leaks are one of the main sources, both from aging natural gas infrastructure and oil and gas fields.
The company has been able to observe a significant portion of estimated oil and gas methane emissions in the U.S., the IEA said in a report released Wednesday.
Huppertz and co-founder Jack Angela have developed a suite of algorithms to detect methane emissions using freely available satellite data.
“And so making sure that methane and natural gas stays within infrastructure and does not leak into the atmosphere will always be a crucial point until the last drop of natural gas is used.”
However, harvesting stem cells is a controversial process, since a major method involves harvesting during pregnancy.
To date, most stem cells are harvested from adult stem cells or post-termination foetal tissue.
Cellcolabs will specialize in Mesenchymal stem cells (MSCs), which are scarce and expensive.
In an interview with TechCrunch, Bernow said, “The promise of stem cells or what it holds, is really mind boggling.
“We’ve built this facility, which we believe is one of the world’s largest facilities, solely dedicated for production of this kind of stem cell.
SambaNova, an AI chip startup that’s raised over $1.1 billion in VC money to date, is gunning for OpenAI — and rivals — with a new generative AI product geared toward enterprise customers.
SambaNova today announced Samba-1, an AI-powered system designed for tasks like text rewriting, coding, language translation and more.
The company’s calling the architecture a “composition of experts” — a jargony name for a bundle of generative open source AI models, 56 in total.
But is Samba-1 really superior to the many, many other AI systems for business tasks out there, least of which OpenAI’s models?
Rather, it’s a set-it-and-forget it package — a full-stack solution with everything included, including AI chips, to build AI applications.
Whenever you go to a conference, whether as a sales and marketing exercise, or an executive is speaking, there is a cost associated with that.
For executives, it is time away from the office, the cost of a ticket for attending and travel costs.
How do companies justify the cost of attending those events?
The target market is midsize business to enterprises, who are looking for a way to manage this process.
She eventually found Ivy Ventures, a firm that invested a modest $500,000 to get Sproxxy off the ground, and later added another $600,000.
Briq, a startup that uses AI to automate finances in construction, brings in $8M extension at a $150M valuationAt a time where many startups are struggling to raise funding, or are raising – but at lower valuations, it’s notable when companies raise at flat or higher valuations.
The startup last announced a fundraise in June of 2021 – a $30 million Series B financing led by Tiger Global Management.
Customers include Briq Choate Construction, Catamount Construction, Fessler and Bowman, and Elder Construction, among others.
Briq deploys that across two products: Briq AutoPilot and Briq CoPilot.
“Usually when we think about robots in construction, we think about machines on a jobsite.
