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More clean tech manufacturing investments were canceled in the U.S. in the second quarter than were announced, according to a new study from the Rhodium Group and MIT. Companies canceled $5 billion worth of projects, while only $4 billion in new investments was announced. Actual clean tech manufacturing investments, not just announcements, declined by 15%,…
Fusion power startup Commonwealth Fusion Systems has raised $863 million from a long list of investors that includes Nvidia, Google, Breakthrough Energy Ventures, and more. “We’re continuing our trend here of looking into the world and saying, ‘How do we advance fusion as fast as possible?’” co-founder and CEO Bob Mumgaard told reporters in a…
Sustainability-focused fintech Aspiration was flying high a few years ago, attracting famous investors including Orlando Bloom, Leonardo DiCaprio, and Robert Downey Jr. Now, its co-founder will plead guilty to helping perpetuate a $248 million fraud scheme, according to U.S. attorneys. Joseph Sanberg, who was arrested in March, has agreed to plead guilty to two counts…
When Meta selected a site in Louisiana for its largest data center to date, it signed a deal with Entergy to power the site with three massive natural gas power plants. Yesterday evening, a state regulator approved Entergy’s plans. The power plants are expected to come online in 2028 and 2029, and at full strength,…
“It’s not absurd, right?” Christian Kroll, CEO of Berlin-based nonprofit search engine Ecosia, says of his company’s unsolicited request to be granted a 10-year “stewardship” of Google’s Chrome browser, instead of forcing Google to sell it to a competitor. His idea is most definitely absurd, but also clever. On Thursday, Ecosia announced it had sent…
General Fusion, a Canadian nuclear fusion energy startup, announced today that it had been thrown a lifeline in the form of $22 million in fresh funding. The company had laid off at least 25% of its employees in May in a bid to shore up its stretched finances. At the same time, CEO Greg Twinney…
Battery materials startup Group14 announced Wednesday it has closed a $463 million funding round to expand its manufacturing footprint, a sign that investors remain confident in the future of electric vehicles. The startup manufactures silicon anode materials, which significantly boost the storage capacity of lithium-ion batteries. Group14 currently operates three factories, two in the U.S….
TechCrunch Disrupt isn’t just a tech conference — it’s a launchpad. For 20 years, startups have come to TechCrunch Disrupt to meet their first investors, land their biggest partnerships, and spark the idea that takes them to the next level. In 2025, that launchpad could be your exhibit table. With tables selling fast, now is…
Skyrocketing demand for copper promises to push prices to new heights. As the global economy transitions away from fossil fuels, it is going to need twice as much copper in the coming years than humanity has mined throughout all of its existence. Still Bright, a New Jersey-based startup founded in 2022, thinks it has found…
Sometimes a tool — like a hammer — comes along and everything starts looking like a nail. But other times, new tools end up being more than a simple blunt-force object. The investors at SOSV are betting that plasma will become a nuanced implement capable of everything from enabling fusion power to changing the way…