News Commentary | February 20, 2020
The round was led by Breakthrough Energy Ventures, with other investments from The Engine, Lowercarbon Capital, and The Grantham Foundation. While the influx of fresh capital is certainly positive for Lilac, the company's decision to source funding from venture capital firms rather than strategic ... To read more, click here.
News Commentary | September 01, 2020
Capricorn Partners is a new investor for Zeopore and its first venture capital fund, alongside existing shareholders like The Innovation Fund and Gemma Frisius Fund. This announcement is aligned with Zeopore's intent from 2018 to seek VC funding. While the amount is undisclosed, Capricorn will need ... Not part of subscription
News Commentary | October 01, 2020
AppHarvest, a greenhouse farming company situated in Central Appalachia, U.S., has struck a deal with Novus Capital for an initial public offering on the NASDAQ. Through the IPO, the company will generate $475 million in gross proceeds. The capital will go toward AppHarvest's 60‑acre indoor farm in ... To read more, click here.
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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