Published:
December 04, 2020
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Asset Timing and Transitioning More...
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Further Reading
Breakthrough Energy Ventures raises second $1 billion fund, targeting 40 to 50 startups with emphasis on hard-to-decarbonize sectors
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
Cruise acquires autonomous vehicle developer Voyage
News Commentary | March 16, 2021
Voyage is a smaller autonomous vehicle (AV) developer that targets ride‑hailing in low‑speed, low‑traffic private communities. At Lux, we've been impressed by the company in the past, though it is difficult to tell exactly what Cruise gets from this acquisition. Much of Voyage's team will transfer ... Not part of subscription
Autonomous vehicle developer Argo AI to go public
News Commentary | April 02, 2021
The company's CEO announced that Argo is "considering going public later this year or early next year." This news comes at the same time that other AV companies are also considering public listings. TuSimple has filed for an IPO, and Plus is reportedly pursuing a SPAC. It's not clear which path Argo... Not part of subscription
by Chad Goldberg
The scooter giant recently announced it had become the first micromobility company to become cash flow positive for a full quarter, signaling a key milestone for one of the early scooter pioneers and the industry as a whole. Lux sees the news as a validation that these new mobility solutions are in fact here to stay, a concern long held by skeptics and supporters alike. While the new financial stability will likely not alter current business models or strategies significantly, it will allow for easier reinvestment and further focus on optimizing the company's next-generation scooter, the Gen4, which boasts key features like a swappable battery, enhanced suspension, and tougher aluminum frame that intends to extend operating life.
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