Stout Family donation helps ACS annual DC trip
Special to The Alliance Review
Each year, the top eighth-graders at Alliance Middle School have the opportunity to visit Washington, D.C.
During the April 13 parent meeting at the school, the families received a big surprise Jim and Kathy Stout will pay a portion of the cost of the trip, which the students families normally pay.
Coastal Pet Products founder and owner Jim Stout said he received a letter from the trip s coordinator, Keith McGeehen, seeking donations.
Stout was interested in learning more about the four-day trip and what it would entail for the students, so he requested a meeting. After hearing about the experiences the students would have during the trip, he and his wife, Kathy, decided to pay for the families portion of the trip for all the students who will be attending.
WeRide, the Chinese autonomous vehicle startup that recently raised $310 million, has received a permit to test driverless vehicles on public roads in San Jose, California. WeRide is the seventh company, following AutoX, Baidu, Cruise, Nuro Waymo and Zoox, to receive a driverless testing permit. In the early days of autonomous vehicle development, testing permits […]
6 Oslo VCs discuss 2021 trends, deal flow and regional opportunities
The Nordic countries make up just 4% of Europe’s total population, but they account for a significant amount of venture capital investment.
That said, Norway’s VC community has been somewhat dormant for a while. The country makes far too much money from oil, giving it one of the world’s largest sovereign wealth funds and a large system of socialized support. Not a bad thing, but as a result, there are few “hungry” tech entrepreneurs.
High-profile players like Northzone and Creandum did well with early entries into Spotify and Klarna, among others, and now Norway is catching up with the rest of the European hubs. Among the trends our survey respondents identified were e-commerce, blockchain and crypto, healthtech, energy, mobility and climate.
6 Oslo VCs discuss 2021 trends, deal flow and regional opportunities yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Enevate secures $81M Series E; silicon-dominant Li-ion battery technology
Enevate, a developer of advanced silicon-dominant lithium-ion (Li-ion) battery technology featuring extreme fast charge and high energy density for electric vehicles (EVs) and other markets (earlier post), has secured an $81-million Series E funding led by Fidelity Management & Research Company. Existing investors Mission Ventures and Infinite Potential Technologies also participated in the round. With this latest funding round, Enevate has raised $191 million to date.
Enevate said that the investment would enable it to expand significantly its pre-production line designed to guide EV and other battery customers toward implementing larger-scale battery manufacturing utilizing Enevate’s silicon-anode-based batteries. The funding would also enable Enevate to scale and grow. Included will be the hiring of additional personnel with an emphasis on scientists and engineers.