MCLAREN APPLIED AND BAK MOTORS SIGNED STRATEGIC AGREEMENT FOR NEXT-GENERATION DRIVETRAIN TECHNOLOGY
McLaren Applied to be key technical partner for Kincsem Hyper GT and SUV McLaren Applied today confirmed a new collaboration with BAK Motors, the Swiss-based parent company to new luxury automotive brand Kincsem. Under the terms of the deal, McLaren Applied will develop and supply drivetrain components, including inverters and motors, for the Kincsem Hyper […]
KINCSEM HYPER-GT: HYPERCAR TO USE RADICAL HYDROGEN TECHNOLOGY
Upcoming hybrid model, dubbed son of Jaguar C-X75, to arrive in 2025 Blue-chip British technology firms Ricardo and McLaren Applied can now be revealed as the latest participants in the recently launched Swiss-based Kincsem hybrid hypercar project, which aims to bring a hydrogen-fuelled design reminiscent of the stillborn Jaguar C-X75 to market for around £3 million from 2025. The plan, […]
Atomic named Best New Fintech Company by LendIt Fintech
BY JANET ALVAREZ • FEBRUARY 9, 2022 February 9, 2022 – Atomic – the platform that allows fintechs, banks, and consumer companies to offer customers investing in a frictionless way – is proud to be the recipient of LendIt Fintech’s Best New Fintech Company of 2022. Atomic’s mission is to make wealth-building accessible to every single human being by offering […]
Food-grocery marketplace Jumbotail raises $85 mn in Series C funding round
Jumbotail, a leading new retail platform and B2B ecommerce marketplace for food and grocery products, has raised an $85 million in a Series C round led by Artal Asia Pte Ltd, an affiliate of Invus, a global equity investment firm with over $10 billion of capital under management. Ajax Capital, the family office of veteran […]
Exclusive: Turion Space (YC S21) Closes $4.7M Seed Round
By Ryan Duffy Turion Space has closed a $4.7M seed round of funding. The Irvine, CA-based startup is focused on satellite servicing and space debris removal. Timely raise much? “If we lose the ability to operate in LEO because we let the debris problem get out of control, the crazy growth in space technologies may end […]
Atomic launches an investing API for fintechs with $25M in funding.
BY DAVID DINDI • NOVEMBER 11, 2021 From: https://www.atomicvest.com/ Today, we are proud to announce our official launch and to share that we have raised $25 million in funding. Our latest round (Series A) was led by QED Investors and Anthemis with additional backing from Softbank and a group of best-in-class fintech investors, entrepreneurs, and executives. Atomic allows fintechs, banks, […]
BAK MOTORS: ‘BEAUTY, PERFORMANCE, AND PEDIGREE’: THE KINCSEM HYPER GT
Kincsem Hyper GT promises to,deliver a beautifully designed carbonmonocoque,chassis driven by a hybrid,powertrain combining electric motors,with a small petrol engine, possibly in a,V10 layout.,The new brand has been named in,tribute to the record-setting Hungarian,racehorse Kincsem, meaning “my,treasure” in English. The world-famous,thoroughbred mare won all of her 54,flat races at the end of the 19th century,,competing […]
VII Ventures Leads $14.2M Series B3 Funding Round for Jumbotail – India’s leading Food and Grocery Ecommerce and New Retail Platform
The newly launched venture capital firm expands its already impressive portfolio by leading a competitive funding round for Jumbotail, one of the leading companies in the global grocery ecommerce and new retail sector. 11 January 2021 – VII Ventures (pronounced ‘Seven Ventures’) has today announced its position as the lead investor in Jumbotail’s Series B3 […]