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April 03, 2020
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Further Reading
NovoNutrients raises $9 million to scale its CO₂-to-protein production system
News Commentary | August 10, 2021
The funding, led by Happiness Capital, builds on a previous $4.3 million and brings NovoNutrients' total funding to $9.9 million. E2JDJ, Marinya Capital, and previous investors IndieBio and the Grantham Environmental Trust also participated in the round. NovoNutrients aims to use the funds to scale ... Not part of subscription
Autonomous vehicle company Pony.ai announces first close of Series D round
News Commentary | March 08, 2022
This funding round values Pony.ai at USD 8.5 billion, which is a 65% increase from its previous Series C and Series C+ rounds. The company now also claims to have a balance sheet liquidity of almost USD 1 billion. While Pony.ai will only reveal exact details of this funding round later, it did ... Not part of subscription
Umiami raised EUR 26.5 million Series A for scale-up and line expansion
News Commentary | April 08, 2022
French startup Umiami announced a EUR 26.5 million Series A round led by Astanor Ventures, Redalpine, and BPIfrance’s French Tech Seed Fund, among others. The funding will be used to further scale its protein texturization technology and bring its product to market. Umiami will first focus on ... Not part of subscription
by Chad Goldberg
The latest round brings the Munich-based flying taxi developer's total funding to nearly $350 million. While the internal raise is a show of confidence as investors double down on their bets, the capital also comes at a critical stage in Lilium's development, as the company will allocate the funds to complete the vehicle certification process as well as prepare the manufacturing facilities necessary for serial production of its five-seater autonomous vehicle. Still, do not expect production to start in the near future, as this process may only begin once the aircraft is fully type-certified and deemed airworthy by local aviation authorities, both of which we believe to be three to five years away.
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