Sunday, October 31, 2021

Battery maker ProLogium likely valued at $2-$3 billion in new funding round

Taiwan's ProLogium Technology Co has raised a total of $326 million in its latest funding round from Primavera Capital Group, SoftBank China Venture Capital and others, that likely valued the solid-state lithium battery maker at $2-$3 billion. https://ift.tt/3mti9rx

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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...