There will not be enough rare earth metals to make the magnets industry needs in the next decade so the race is on to find alternatives.
Tag: The Big Deal
The Big Deal: XGS continues wave of investment for geothermal startups
XGS is the third geothermal startup to raise cash this year, as the industry looks to overcome drilling costs and geography.
The Big Deal: Why Aira believes heat pumps can become a €150bn market
Statkraft has contributed to a series B round for Aira, which is tackling a heat pump market CEO Martin Lewerth believes can reach €150bn in size every year.
The Big Deal: Are diamonds the future of the supply chain?
CEO Ophir Gaathon tells us why Airbus and American Express have backed Dust Identity, and how diamond dust can track data on objects through the supply chain.
The Big Deal: Blockchain.com finds warmth in the crypto winter
Access Industries, GV and Coinbase Ventures all took part in one of the year’s biggest Web3 funding rounds.
The Big Deal: Seurat paints the way to the future for 3D printing
Several corporate investors were involved in Seurat raising $99m, promising increased speed and precision for its metal printing technology along with a lower carbon footprint.
The Big Deal: Husk targets “half the planet” with its solar systems
Husk Power Systems has just raised $100m from investors including Shell to build 1,500 solar mini-grids in India and Nigeria in the next four to five years.
The Big Deal: Australia’s Employment Hero plans global growth after $1bn valuation
HR software provider Employment Hero has scored a unicorn valuation as it looks to strengthen its international presence – and Seek could have the ideal CVC profile to help.
The Big Deal: EH2 becomes hydrogen tech’s first unicorn
Ten corporate investors were part of a $380m series C round this week, including Fortescue, United Airlines, Rio Tinto, Amazon, Microsoft and BP.
The Big Deal: Anthropic leads the return of billion-dollar rounds
The week saw two billion-dollar rounds for the first time since the 2021 boom, but Anthropic and Rox Motor typify the top of a market increasingly concentrated in two areas.
The Big Deal: Instacart leads a new wave of IPOs
The corporate-backed shopping service floated in a $660m offering this week, alongside Klaviyo, RayzeBio and Neumora, but investors may have to pay a price for their IPO exits.
The Big Deal: Snowflake backs historic market data provider BMLL
BMLL and Snowflake tell GCV why its vast data lake is an ideal fit for Snowflake’s marketplace and its corporate venture portfolio.
The Big Deal: Genesis gets $200m for its gen AI drug development
This is the latest in a series of healthcare AI businesses that Nvidia has backed, as generative AI adds a new dimension to drug discovery.
The Big Deal: Carbon capture’s first billion-dollar acquisition
Occidental’s $1.1bn purchase of portfolio company Carbon Engineering is a landmark moment for CCS startups, but who could be next on the M&A slate?