Page 18 - Shell Ventures News Today

South 8 Technologies, a developer of electrolyte formulations for next-generation lithium batteries, has raised $12 million in Series A financing, led by Anzu Partners with participation from LG Technology Ventures, Shell Ventures, Foothill Ventures, and Taiyo Nippon Sanso Corporation (TNSC). South 8 will leverage the funding to accelerate the commercialization...

Funding to drive commercialization of novel technology that could increase cell voltage and reduce thermal runaway risk in batteries targeting electric vehicles, all-weather grid storage and defense/aerospace products.

This week, travel startup Rapido announced new funding to expand its fleet, while a16z launches START to support and fund entrepreneurs.

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The round also saw investment from TVS Motor Company, along with existing investors, Westbridge, Shell Ventures, and Nexus Ventures.

Swiggy is building a number of new verticals in the neighbourhood convenience market and Rapido's fleet network, spread across the country, will be a massive asset to this approach.

Bike taxi platform Rapido on Friday said it has raised $180 million (over Rs 1,370 crore) in a Series D round of funding led by new investor Swiggy

Swiggy's participation will provide additional earnings for both the food delivery giant's delivery executives and Rapido's captains, the company stated.

Swiggy has led a $180 million financing round into bike taxi startup Rapido as the Indian food delivery giant...

Bike taxi startup Rapido has raised $180 million in its latest Series D round of funding led by Swiggy