The bankrupt commercial electric vehicle (EV) startup Arrival has sold some of its assets, including advanced manufacturing equipment, to Canoo, another struggling startup in the EV space. Canoo’s acquisition of these assets, which was framed as a cost-saving measure to reduce capital expenditures by 20%, is aimed at aiding Canoo’s efforts to progress from prototype development to commercial production of electric vehicles. Devamını Oku
French startup 900.care is challenging the traditional personal care product model by offering a more sustainable alternative. Recognizing that most personal care products consist primarily of water and are packaged in plastic bottles, 900.care focuses on the active ingredients, providing consumers with a novel approach to shower gel, shampoo, and other products. Devamını Oku
Uzum, an e-commerce startup pioneering online shopping, fintech, and food deliveries in Uzbekistan, has secured a remarkable $114 million in funding, marking the country’s first unicorn with a valuation soaring to $1.16 billion. Devamını Oku