Crowdfunding – where individuals raise money for a project (campaign) in exchange for a pre-release product – has become a popular method for wearable electronics developers to raise money. Kickstarter, the largest non-personal crowdfunding platform founded in 2009, helped raise $500 million for ...
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News Commentary | January 26, 2021
This announcement comes after the company closed a £2 million seed round in April last year. Xampla has ambitious plans to replace plastics with plant‑protein alternatives, and the newly raised funds will help the company scale and launch its first product range in 2021 based on its microcapsule ... Not part of subscription
News Commentary | June 16, 2021
Founded in 2016, Relativity Space (Lux Take: Wait and See) is working on an ambitious project – 3D printing of rockets – and has raised $1.3 billion so far. It plans to launch the 3D‑printed Terran 1 rocket before the end of 2021; however, we won't be surprised if the company misses the launch date ... Not part of subscription
News Commentary | February 22, 2022
The pre‑Series A funding for Kiwibot, which brings the total funding to USD 14 million and included Sodexo, Headline, and House of Lithium, will be used to further develop Kiwibot's robotic technology and subsequent reach. Sodexo and Kiwibot also deepened their partnership with a multimillion‑dollar... Not part of subscription