Author: Pranali Mehta

Climate tech startup Carbon Re, a Cambridge University and UCL joint spin-out, has reportedly raised £4.2 million ($4 million) in a seed funding round to accelerate the development and deployment of its AI technology for industrial-level decarb

French software developer, Dassault Systèmes, has reportedly announced that aviation startup, Blue Spirit Aero, will be using its 3DEXPERIENCE platform on the cloud to expedite the development of its hydrogen-powered light electric aircraft an

Volocopter, a German aircraft startup that specializes in electric vertical takeoff and landing vehicles, has reportedly raised over $182 million during the second signing of its Series E funding, after having raised $170 million in the first signing

Turkish President Recep Tayyip Erdogan has reportedly unveiled the countrys first domestically produced electric vehicle, the Togg, with parts such as the engine and the lithium-ion batteries sourced from foreign companies. Erdogan, as he drove th

Blockchain service provider, Binance has reportedly launched binance.bh in Bahrain, a new and fully regulated platform where all its products and services can be accessed in local currencies. In a statement, the company said that new customers can

Hong Kong-based fintech startup Reap has reportedly secured $40 million in investment in the Series A funding round. The round was led by American firms Acorn Pacific Ventures, Arcadia Funds, and Hong Kong asset manager HashKey Capital via equity

South Korean chipmaker SK hynix may have to sell off its Chinese fab plant under extreme pressure from the export controls imposed by the US, a senior executive has claimed. According to the executive, the restrictions are making it very difficult fo

Wales is reportedly setting up a state-owned renewable energy company in the country to tackle climate emergency, cost-of-living crisis, and energy insecurity. According to the Welsh government, the firm’s preliminary plans include the devel

LG Energy Solution, Ltd. (LGES), a South Korean battery company under LG Corporation, has reportedly signed a provisional deal with Syrah Resources, an Australian graphite supplier, to expand its supply sources for developing graphite anodes used in