Samsung Ventures Investment Corporation (SVIC) has backed wireless charging startup PowerbyProxi with a $4 million injection of funds. Additionally, PowerbyProxi has also entered into a strategic partnership with Samsung Electro-Mechanics, a supplier of electronic components. We spoke with an ano...
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News Commentary | February 01, 2021
EVgo will become a public company through a business combination agreement with Climate Change Crisis Real Impact I Acquisition Corporation (CRIS), a special‑purpose acquisition company (SPAC). The deal values EVgo at $2.6 billion and results in $575 million in cash, which the company will use to ... Not part of subscription
News Commentary | August 27, 2021
Ample emerged from stealth mode in March and has since made several high‑profile announcements, including partnerships for testing with Uber in the U.S. and with Eneos in Japan. This latest announcement is an important next step, ensuring the company can continue to focus on developing its ... Not part of subscription
News Commentary | October 26, 2021
Famed venture firm Sequoia Capital is reorganizing to have one open‑ended parent "Sequoia Fund" over a variety of subfunds, some of which will remain typical closed‑ended venture funds while others invest in public markets or assets like crypto or pursue new models like registered investment ... To read more, click here.