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News
Redfaire Secures €13 Million Minority Investment From BGF To Support Technology Services Growth
1+ hour, 17+ min ago (219+ words) Redfaire has secured a €13 million minority investment from BGF to support the continued development of its business, workforce and technology services across the regions it serves. The investment marks a new growth phase for Redfaire while allowing the company to…...
AirPro Diagnostics And Revv Merge To Build End-To-End ADAS Platform Processing 1 Million+ Vehicles Annually
6+ hour, 1+ min ago (566+ words) AirPro Diagnostics and Revv have merged to create an integrated Advanced Driver Assistance System platform combining diagnostics, calibration execution, AI-powered workflow software, and repair documentation across the ADAS repair process. AirPro is a portfolio company of Rotunda Capital Partners and…...
Swift Current Energy Secures Up To $1 Billion Credit Facility As Development Pipeline Exceeds 10 GW
6+ hour, 29+ min ago (497+ words) Swift Current Energy has closed a $750 million corporate credit facility with an accordion option for an additional $250 million, giving the clean energy developer access to as much as $1 billion of total capacity as it expands its U.S. project pipeline. Crédit Agricole…...
Mitsubishi Electric To Acquire PCI Energy Solutions For $1.4 Billion To Expand Energy Management Software Platform
2+ day, 4+ hour ago (181+ words) Mitsubishi Electric has agreed to acquire PCI Energy Solutions for $1.4 billion, expanding the Japanese industrial technology company’s presence in enterprise software used to manage increasingly complex electricity markets and power systems. Under the agreement, Mitsubishi Electric will acquire all outstanding…...
Virtuix Expands Omni One Into Tesla Optimus, NASA And U.S. Military Applications
2+ day, 9+ hour ago (415+ words) Virtuix sold its first Omni One Enterprise system to Tesla for use by the company’s Optimus humanoid robot division. Tesla is using the system for teleoperation, allowing a human operator to remotely control a humanoid robot in real time. Virtuix’s…...
Grounded Raises $5 Million Seed And Opens 50,000-Square-Foot Detroit Factory As Production Capacity Jumps 1,900%
3+ day, 14+ min ago (655+ words) Grounded has raised a $5 million seed round and moved production into a new 50,000-square-foot manufacturing facility in Detroit, increasing its production capacity by 1,900% as the company expands deeper into commercial and municipal fleets. The Detroit-based advanced manufacturing and mobility company…...
Distributed Sun Launches trutility With GW-Scale Energy Portfolio And 24 Battery Storage Sites
3+ day, 3+ hour ago (310+ words) Distributed Sun has led an investment in trutility, a newly launched energy infrastructure platform designed to develop, own, and operate battery storage, community solar, distributed generation, and microgrids across both sides of the electric meter. trutility will own the contributed…...
Princeton Critical Minerals Raises $16 Million To Scale Lithium Production Platform Across U.S. And South America
3+ day, 3+ hour ago (262+ words) The Princeton University spinout has also recently secured more than $5 million in grant funding from the National Science Foundation, ARPA-E and NJEDA. The company is focused on brine resources, which it says contain more than half of the world’s lithium…...
Latin Metals And Minsur Agree Lacsha Copper Option With Up To $42.62 Million In Potential Cash Payments
4+ day, 15+ hour ago (460+ words) Latin Metals has entered into a letter of intent with Minsur covering a potential acquisition of its wholly owned Lacsha Copper Project in Peru, with the structure offering Latin Metals up to $42.62 million in aggregate cash payments if all option…...
ALSO Raises $150 Million Series D After $200 Million Series C As Autonomous EV Push Accelerates
5+ day, 6+ hour ago (527+ words) ALSO has raised a $150 million Series D financing round to accelerate development of its autonomous vehicle platform and expand its lineup of small electric vehicles for moving people and goods. Prysm Capital led the round, with participation from Eclipse, Greenoaks…...