Volocopter GmbH raised 200 million euros ($242 million) in additional capital, the latest move in the increasingly competitive race to be the first electric air-taxi firm to start commercial flights.
Spencer Platt/Getty Images
Standing out has become much more challenging as the field becomes crowded.
Some SPACs are resorting to new methods to catch the eye of investors, according to a report in DealBook on Wednesday.
SPACs are booming. Otherwise known as blank-check companies, SPACs have exploded since the start of 2020, with over 130 SPAC listings already in 2021.
SPACs list with the aim of identifying a merger partner to take public. This method is typically done in lieu of an IPO or a direct listing, and has garnered support from Wall Street heavyweights as well as pop icons and professional athletes.
Hi friends and new readers, welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B.
In last week’s newsletter, I described some of the changes coming to TechCrunch’s transportation coverage, including “market maps.” These articles, which will always run in Extra Crunch, focus on a particular slice of the transportation industry, along with other mobility-related analysis.
The first of these took a deep dive into the solid state battery industry. As Mark Harris reported: “For the last decade, developers of solid state battery systems have promised products that are vastly safer, lighter and more powerful. Those promises largely evaporated into the ether leaving behind a vapor stream of disappointing products, failed startups and retreating release dates.”
SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Reinvent Technology Partners Merger
March 01, 2021 14:00 ET | Source: Rigrodsky Law, P.A Rigrodsky Law, P.A Wilmington, Delaware, UNITED STATES
WILMINGTON, Del., March 01, 2021 (GLOBE NEWSWIRE) Rigrodsky Law, P.A. announces that it is investigating Reinvent Technology Partners (“Reinvent Technology”) (NYSE: RTP) regarding possible breaches of fiduciary duties and other violations of law related to Reinvent Technology’s agreement to merge with Joby Aero, Inc.
To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-reinvent-technology-partners.
You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or info@rl-legal.com.
SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Reinvent Technology Partners prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.