Tag: berlin
Templafy raises $25M Series C led by Insight partners to deal with enterprise documents
Back in 2018 Templafy — which had come up with a way for enterprises to more easily make templates out of standard documents (yes, it’s a thing) — raised an additional $15 million from existing investors as an extension of its earlier Series B round taking it to $40.2 million raised. The…
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Tesla’s Berlin factory will support flashy multi-layered paint jobs
Tesla CEO Elon Musk has revealed that the company is building a next-generation paint shop at Giga Berlin, Germany. In a podcast episode with the Third Road Tesla crew, Musk and Sandy Munro said that the facility will allow Tesla to add multiple laye… Source
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Valispace raises $2.4M lead by JOIN Capital to become the ‘Github for hardware’
Hardware engineering is mostly document-based. A typical satellite might be described in several hundred thousand PDF documents, spreadsheets, simulation files and more; all potentially inconsistent between each other. This can lead to costly mistakes. NASA lost a $125 million Mars orbiter because one engineering team used metric units while another…
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On-demand shuttle startup Via hits $2.25 billion valuation on latest funding round led by Exor
On-demand shuttle startup Via has hit a $2.25 billion valuation following a Series E funding round led by Exor, the Agnelli family holding company that owns stakes in PartnerRe, Ferrari and Fiat Chrysler Automobiles. The Series E funding round, which included other investors, totaled $400 million, according to a source familiar…
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Babbel makes its language learning app free for all US students
Babbel, the Berlin-based paid language learning app, today announced that, in light of the COVID-19 pandemic, it is making its service available for free to all K-12 and college students until the end of the term. Previously, the company offered a similar deal for students in Italy, the U.K., Germany,…
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Tesla is searching “central” U.S. for a Cybertruck gigafactory site
Tesla CEO Elon Musk said the company is “scouting” locations to build a new U.S. factory that will produce its all-electric Cybertruck and Model Y crossover. The “gigafactory,” the unit of measurement representing billions and a term Musk has used for its massive factories in Nevada, New York, China and…
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