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fromTechCrunch
2 days ago

Redwood Materials reportedly cuts 5% of staff after $350M raise | TechCrunch

Nevada-based Redwood employees around 1,200 employees, so the cuts affect a few dozen workers. The company, founded in 2017 by former Tesla CTO JB Straubel, initially focused on recycling scrap from battery cell production, consumer electronics, and used EV batteries. The company extracts materials like cobalt, nickel, and lithium from those discarded goods and then sells them back to its customers, which includes Panasonic. Redwood has since added cathode production.
Venture
fromsiliconvalleyjournals.com
1 month ago

Supabase Raised $100M Series E at $5B Valuation, Co-Led by Accel and Peak XV

Supabase, the open source Postgres development platform, has raised $100 million in Series E funding at a $5 billion valuation, co-led by Accel and Peak XV, with participation from Figma Ventures and other existing backers. The round comes just four months after Supabase's Series D, bringing its total funding to more than $500 million. As part of the raise, Supabase will set aside a community allocation, giving its developer base the opportunity to co-invest alongside institutional
Coffee
fromDaily Coffee News by Roast Magazine
3 months ago

Odeko Continues Acquisition Streak with Atlanta Coffee Supply Group

Odeko acquired Atlanta Coffee Supply Group to expand Southeastern U.S. distribution, retain ACSG brands, and broaden nationwide fulfillment and digital services.
fromTechCrunch
3 months ago

Nvidia is latest investor to back AV startup Nuro in $203M funding round | TechCrunch

The Silicon Valley startup announced Thursday that several investors, including existing backer Baillie Gifford, added another $97 million to its Series E round. New investors include Icehouse Ventures, Kindred Ventures, Nvidia, and Pledge Ventures. Uber, which last month said it would make a "multi-hundred-million dollar" investment in Nuro as part of a broader deal with the electric car maker Lucid, also participated.
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