Startup Funding: March 2021
Self-driving vehicles revved up investors in March, with two companies receiving over $200M apiece as they prepare for their systems to enter mass production. One focuses on software for passenger vehicles, while the other is looking to autonomous trucks. Both of the companies received investment from automakers, with China’s largest carmaker SAIC joining each of the funding rounds. It was also a good month for startups making chips for AI acceleration, with four companies from seed to Series D stages raising funds. Plus, two companies are looking to shake up the memory and storage space with some unique solutions. This month, we take a look at 24 startups that collectively raised over $1.3B.
A newly-founded EU unicorns group includes two Estonian companies estonianworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from estonianworld.com Daily Mail and Mail on Sunday newspapers.
Germany backs Skeleton s development of advanced ultracapacitor production technology greencarcongress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from greencarcongress.com Daily Mail and Mail on Sunday newspapers.
The European start-ups gunning for Elon Musk s electric car crown
Tesla has fended off the world s biggest car brands to date, but now it faces a new breed of competitor emerging from the bloc
9 March 2021 • 6:00am
Thomas Ingelath heads up Polestar, a Swedish EV-maker battling with Tesla in the premium car market
Credit: Andreas Hillergren/Andreas Hillergren
On the outskirts of the Swedish city of Gothenburg sits a towering white box with a subtle cross emblazoned on its exterior.
Nicknamed the cube”, it is home to Volvo-owned electric car company Polestar - a brand which has up until now been better known for its racing cars than its road vehicles.
Japan Skeleton Technologies Archive - electrive com electrive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from electrive.com Daily Mail and Mail on Sunday newspapers.