Last week, electronics manufacturer Philips announced it would be spinning off its lighting businesses. Philips is implementing this as a broader strategy by which it is splitting itself into two companies, focused on HealthTech and Lighting, respectively (Refer to October 2, 2014 LRBEJ). The com...
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News Commentary | January 19, 2021
Since its first fund in 2015, BEV has invested in 30 startups across a range of technology areas. Key startups backed by BEV include Boston Metal, CarbonCure, Pivot Bio, Form Energy, and Nature's Fynd. With the recent SPAC craze driving up valuations of startups in the cleantech space, there is ... Not part of subscription
News Commentary | March 02, 2021
This SPAC deal, which values Markforged at $2.1 billion, puts the company on the same level as Desktop Metal again. The latter filed an IPO via SPAC in December last year, valued at $2.5 billion. As we recently wrote, 2020 witnessed a SPAC craze, which apparently has continued into 2021. While there... Not part of subscription
Company Snapshot | December 31, 2021
The company was founded by Brad Lurie and John Chalmers in 2010; Bright Light Systems was acquired by Phoenix Lighting in 2019; Lurie was CEO and now serves on the board of directors of IMAC Group; Chalmers was VP of marketing and is now product manager for Phoenix, which develops lighting fixtures ... To read more, click here.