Autonomous drone startup Skydio rises $100 million and launches the X2 commercial drone – TechCrunch

Autonomous drone startup Skydio rises $ 100 million and launches the X2 commercial drone  TechCrunch
“startups when:1d” – Google News

VC Daily: Construct Capital Seeks to Raise $100 Million for Fund; VCs Target Health-Care Startups in Europe – Wall Street Journal

VC Daily: Construct Capital Seeks to Raise $ 100 Million for Fund; VCs Target Health-Care Startups in Europe  Wall Street Journal
“startups when:1d” – Google News

Dayna Grayson, Rachel Holt Aim to Raise $100 Million for Construct Capital – Wall Street Journal

Dayna Grayson, Rachel Holt Aim to Raise $ 100 Million for Construct Capital  Wall Street Journal
“startups when:1d” – Google News

Karma Automotive raises $100 million as it looks to resell it EV platform to other automakers

Karma Automotive has raised a $ 100 million lifeline from outside investors, as reported by Bloomberg, with the struggling electric vehicle maker’s fortunes likely buoyed by the current market optimism on other EV companies, including Tesla. Karma is the reincarnated version of Fisker Automotive, which previously faced bankruptcy before being acquired by Wanxiang Group in 2014.

Karma Automotive has made more progress than Fisker ever did, including actually delivering around 500 of its inaugural Revero electric sport sedan in 2019. The company will be continuing to sell the Revero, which retails starting at around $ 140,000, and will also be looking to add a high-horsepower GTE version, as well as a supercar for an even higher-tier customer.

The automaker also says that it’s in discussions with a partner for a commercial delivery truck, which it intends to develop in prototype form by year’s end. There are a number of different companies pursuing delivery vans for use by courier companies, including UPS and FedEx, and the increase in e-commerce spending presents an opportunity for multiple players to succeed in this category, even as there is a rush on in terms of entrants.

Karma will also seek to leverage and extend the benefits of its fresh investment by shopping around its EV platform to other automakers and OEMs, the company says, and also will eventually expand beyond pure EVs to hybrid fuel vehicles. In short, it sounds like Karma is willing to try just about everything and anything to chart a path toward profitability, but time will tell if that’s intelligent opportunism, or scattershot desperation.

Startups – TechCrunch

Amid economic crisis new angel network aims for $100 mln in commitments for halal start-ups by year-end – Salaam Gateway

Amid economic crisis new angel network aims for $ 100 mln in commitments for halal start-ups by year-end  Salaam Gateway
“startups when:1d” – Google News

Pivot Bio CEO Karsten Temme had a vision to create a better way to feed the world. Then, he raised over $100 million from Bill Gates and other major investors to make it happen – theRising

Pivot Bio CEO Karsten Temme had a vision to create a better way to feed the world. Then, he raised over $ 100 million from Bill Gates and other major investors to make it happen  theRising
“startups when:1d” – Google News