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Athletic Brewing Company : Receives $50 Million in Funding as They Redefine the Industry's Fastest-growing Segment and Expand Beer-drinking Occasions

Athletic Brewing Company : Receives $50 Million in Funding as They Redefine the Industry's Fastest-growing Segment and Expand Beer-drinking Occasions
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The Station: Via makes a $100M acquisition and a chat with GM about battery tech – TechCrunch


Hi friends and new readers, welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B.
I changed things up this week to make room for an interview we had with Mike Lelli, senior manager of advanced battery cell technology over at GM. That means I don’t have the typical roundup at the bottom of EVERYTHING, or most things, that happened this week. But don’t worry, I’ll bring that back next issue.
You might recall, or maybe not, that GM president Mark Reuss announced last week a partnership with SolidEnergy Systems, an MIT spinoff. GM and SES plan to work together to improve the energy density of lithium-ion batteries. The companies are going to build a prototyping facility in Woburn, Massachusetts and aim to have a high-capacity, pre-production battery by 2023. ....

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Today in funding: Ratesdotca, Damon Motorcycles, Forma.ai, Vegano Foods, Dispension, GenXys, DeFi Ventures


Today in funding: Ratesdotca, Damon Motorcycles, Forma.ai, Vegano Foods, Dispension, GenXys, DeFi Ventures
Seven Canadian tech companies, Ratesdotca, Damon Motorcycles, Forma.ai, Vegano Foods, Dispension, GenXys, and DeFi Ventures have recently secured financing to fuel their growth. Here’s the latest on who raised money, how much, from whom, and what they plan to put the new funds toward.
Ratesdotca secures $51 million in financing
Toronto-based fintech company Ratesdotca, which offers an online platform for insurance and other financial products, has raised $51 million CAD in equity and debt financing. The round includes an additional equity investment from majority shareholder Ontario Teachers’ Pension Plan Board (OTPP), which acquired Ratesdotca in 2018. It also includes debt financing led by BMO Financial Group, through a syndicated facility with TD Bank Group. ....

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