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Colorado supersonic plane startup lands $45M in backing, new executive
The startup aims for commercial production as soon as 2023 and hires someone to help it scale......»»
OP app-based truck-sharing company enters its 11th market
An Overland Park-based startup that is like an Uber for large item delivery just established its 11th market. “We’re your friend with a truck to help move, haul and deliver large items around town,†Bungii co-founder and CEO Ben Jackson said. .....»»
Car-sharing startup lands first US commercial airport permit – and it"s in North Carolina
The permit comes less than three weeks after it struck its first-ever permit to operate at a U.S. airport, albeit at a smaller regional airport district......»»
Electric vehicle-maker Rivian lands $500 million from Ford as startup gears up at downstate factory
Electric truck startup Rivian, which is op.....»»
Bike-sharing startup Spin may be ditching a deal with local cities to go with scooters
Spin, one of two companies chosen earlier this spring to roll out dockless bike-sharing programs in 15 cities in Greater Boston, now appears to be backing out of that deal because it wants to focus on the even hotter market for shared electric scoot.....»»
E-commerce tech company Salsify acquires Texas chat startup
Boston-based Salsify Inc., an e-commerce software startup with $98 million in investor backing, has acquired a small Austin, Texas startup that specializes in chat software for consumer brands, called Welcome Commerce. The companies aren't sharing terms.....»»
Rivian, perhaps the Tesla of trucks, lands $700 million Amazon-led investment as it powers up in Normal
Rivian, the electric truck startup, received a.....»»
The Tesla of trucks? Rivian lands $700 million Amazon-led investment as it powers up in Normal
Rivian, the electric truck startup, received a.....»»
Outpost raises $12M to help truckers find places to park semitractor-trailer rigs
The American Trucking Association says there are more than 11 truck drivers for every one parking space in the United States. This startup aims to connect those dots. Real estate will be needed......»»
An EV startup was going to save GM’s old factory in Lordstown. Then a truck prototype caught fire. Shareholders filed lawsuits. Now taxes are late.
Lordstown Motors Corp. stock has plummeted from nearly $31 a share on Feb. 11 to just over $10 and the Ohio-based .....»»
Rivian plant gearing up for June launch, the return of automaking to Normal and the dawn of the electric vehicle age
Rivian, the startup electric vehicle maker whose inaugural truck, SUV and Amazon delivery van have captured the auto world’s attention, is launching production in June and plans to employ 2,500 at its plant in downstate Normal by the end of the.....»»
Rivian plant gearing up for June launch in Normal
Rivian, the startup electric vehicle maker whose inaugural truck, SUV and Amazon.....»»
Illinois auto dealers sue the state and EV startup Rivian for selling direct to consumers
Illinois auto dealers filed a lawsuit Thursday in Cook County Circuit Court against the secretary of state and Rivian, claiming the electric truck startup was violating.....»»
Self-driving Truck Startup TuSimple Files For Public Ownership
Self-driving truck startup TuSimple filed on Tuesday to become a public company. It is seeking to sell at least $100 million in shares. It could sell as much as $1 billion in stock depending on investors' appetite. read more.....»»
Prince Harry Lands New Gig At BetterUp: Report
In his latest foray into the business world, Prince Harry has taken a role at BetterUp, a San Fransisco-based startup company. read more.....»»
WeWork discloses $3.2B loss in 2020 as it seeks SPAC deal
WeWork lost $3.2 billion last year, according to documents shown to prospective investors by the office-sharing startup as apart of a pitch for $1 billion in investment and a stock market listing, the Financial Times reported on Monday......»»
Lawsuit claims Lordstown electric truck startup, a Rivian rival, defrauded investors
Electric truck startup Lordstown Motors Corp. faces a shareholder lawsuit claiming it has defrauded investors by making spurious claims about the numb.....»»
Fast-growing startup lands grant funding to fuel growth
A fast-growing startup has received thousands of dollars to further its growth, thanks to the Ohio Environmental Protection Agency. Electrada, which launched in April, was one of several organizations to receive a slice of $3.2 million in funding award.....»»
Sparkyard lands grant funding to help connect the Fort Worth startup ecosystem
With new investment funding, Fort Worth entrepreneurial networking organization Sparkyard is expanding its mission of growing the region's ecosystem with a number of new initiatives......»»