Bengaluru-based Airbound has secured $8.65 million in seed funding as it develops rocket-style drones capable of ultra-low-cost deliveries, including a pilot program with a private hospital. The round was led by Lachy Groom, co-founder of Physical Intelligence, with participation from Humba Ventures, Lightspeed Venture Partners, and executives from Tesla, SpaceX, and Anduril. Founded in 2020 … Continue reading “Indian Drone Startup Airbound Raises $8.65M for One-Cent Delivery – iShook Finance”
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After starting a “stealth program” years ago, Rivian’s (RIVN) new spin off will take on the micromobility space. Rivian spun out its micromobility business into a new EV startup called Also, Inc. The new brand will focus on lightweight vehicles like electric scooters, bikes, and more. Here’s what we know about Rivian’s new startup so … Continue reading “Rivian (RIVN) spin off ‘Also’ is a new micromobility EV startup for e-bikes, scooters, and more”
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Ati Motors, a Bangalore, India-based artificial intelligence (AI) and autonomous robotics company, recently raised $20 million in a Series B funding round. The round was led by Walden Catalyst Ventures and NGP Capital and included participation from numerous current investors including True Ventures. The company will use the new funding to boost product development and … Continue reading “Industrial electric robot startup Ati Motors raises $20 million in Series B funding”
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Since launching in 2019, the U.S. startup Brimstone has positioned itself as a pioneering producer of low-carbon cement. The company’s technology can make the essential material without using any limestone — the carbon-rich rock that, when heated up in fiery kilns, releases huge amounts of planet-warming gases into the air. Now, Brimstone is looking to use its … Continue reading “Clean cement startup Brimstone can make another key material: alumina”
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24M, a U.S.-based startup, developed a way to prevent battery fires. Its Impervio separator prevents dendrite formation when a cell is overcharged. Electric vehicle battery fires are nothing to mess with. Even though they’re statistically less likely to happen compared to combustion-powered vehicles, when a battery ignites, it can stay on fire for hours or … Continue reading “VW-Backed Startup 24M Might Have The Answer To EV Battery Fires”
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Brooklyn-based electric mobility and infrastructure platform Revel has formed a partnership with California-based startup Juice to integrate its automatic charging technology across Revel’s public fast charging stations in New York City. Juice uses computer vision to identify a user’s unique vehicle, and can then initiate charging sessions and complete payments with no need for physical … Continue reading “Revel partners with computer vision startup Juice to introduce “face ID for EVs””
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“Industrial heat accounts for one-quarter of the global energy consumption and is a massive, $450 billion market,” Juha Lindfors, a partner at Lifeline Ventures, said on Monday in a statement. “Decarbonizing industrial heat presents a huge opportunity.” Meskanen, a Finnish entrepreneur, said she first met her co-founder, Nate Weger, in 2023 through a DOE-funded program called Cradle to Commerce, which aims … Continue reading “This startup has a plan to clean up industry: electrified bricks”
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When Max Kanter bought an electric vehicle back in 2022, he didn’t expect it to be so hard to find accurate data on the cost and carbon-intensity of the electricity surging through the power grid. As not only a new EV owner but also a data whiz, he sought out the information because he “wanted to build a machine … Continue reading “The power grid is hard to understand. This startup is trying to help.”
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It’s crucial to add more tools such as Hydronic Shell’s tech to the building-decarbonization toolbox, Rodriguez noted. Buildings account for about a third of the nation’s annual carbon emissions, according to the U.S. Department of Energy, and space heating is the biggest source of onsite climate pollution. While Hydronic Shell’s innovation isn’t for every large building … Continue reading “This startup aims to decarbonize big buildings without hassling tenants”
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To help the energy transition happen faster, the high-voltage power lines crisscrossing the U.S. will need a high-tech upgrade. Recent federal and state regulations are calling on utilities to deploy a new generation of cables to get that done — and the companies making the necessary tech are gearing up to meet an expected increase in demand. … Continue reading “Startup nabs $60M for high-tech cables to help speed clean energy rollout”