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Startup Funding: January 2021


Over $800M in funding went to companies developing autonomous driving technology, from self-driving-focused AI chips to full vehicles and aftermarket solutions. A couple electric vehicle manufacturers stood out this month, with investors putting large backing behind US-based Rivian and China-based Leapmotor. And with EVs come lots of batteries: funding went to a few startups trying out new batt... » read more

The Week In Review: Manufacturing


Chipmakers Who will buy Toshiba’s memory business? In the latest of what is becoming a confusing saga, Toshiba has signed a deal to sell its memory unit to a group led by Bain Capital. The Bain-led consortium will hold a 49.9% stake in the memory unit, while Toshiba will hold 40.2% and Japan’s Hoya will own 9.9%. Other members in the group include Apple, Dell, Kingston, and Seagate. In add... » read more