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Few things generate as much data as simply observing the Earth from above. But Ryan Abernathey and Joe Hamman very quickly realized that all that data still wasn’t enough for their startup to thrive. Their data-centric, climate tech startup, Earthmover, would need to pivot. The pivot isn’t entirely away from climate tech, though. Instead, the…
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…
Few markets are moving as rapidly as China’s automotive sector. There, new models are rolled out in as little as 18 months, putting tremendous pressure on legacy Western automakers, which need four-plus years to go from concept to sales floor. “With the increasingly short development cycles in China, it’s driving a huge amount of cost…
Fusion power startups have long been stalked by one stubborn question: Will the technology work? But now, with net-positive fusion power no longer the stuff of science fiction, a fresh crop of startups have been founded on more mundane questions: Can reactors be built for less money? How can maintenance be made simpler? The answers…