Holyvolt, a Stockholm-based battery-materials startup, has raised $45 million in all-equity funding from Fifth Wall, Zone II, CC.VC and several angel investors, valuing the company at $245 million according to a person familiar with the deal. COO Steven Prast, a former Tesla manufacturing leader, argues that China makes about 85% of the world's cathode active material and about 80% of battery cells, so the West cannot win by competing on the chemistries China already dominates. Holyvolt merged with San Diego's Wildcat Discovery Technologies, whose high-throughput platform has run more than 225 projects for more than 85 customers and tested over 500,000 cells in 18 years. Based on a customer case study, the company says its lab, paired with AI models trained on that data, works about 10 times faster than conventional R&D. Its first output is DRX (disordered rocksalt), a cathode family with neither nickel nor cobalt that Prast says delivers NMC-like performance.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Related news
- Democrat Talarico says he raised record $64 million over summer in Texas Senate race
Democratic Texas Senate candidate James Talarico says he raised $64 million in the third quarter, which his campaign calls a Senate fundraising record that surpasses the previous $57 million high. He has raised more than $134 million since launching his campaign, with more than 1.3 million donors and 97% of contributions at $100 or less. By comparison, Republican nominee Ken Paxton and his affiliated committees raised a combined $18 million in the quarter, but Republican outside groups have spent more than $175 million since Sept. 1 supporting Paxton or attacking Talarico. Elon Musk gave $10 million to a pro-Paxton super PAC, and FiftyPlusOne's polling average shows Talarico leading 48.5% to 45.2% in a state where no Democrat has won statewide since 1994. Full FEC filings will show how much each campaign spent and how much cash it had left.
- This Utility Has Raised Its Dividend for 31 Straight Years. Here's the 1 Number I'd Check Before Buying.
NextEra Energy (NEE) has raised its dividend for 31 consecutive years and expects roughly 10% annual growth through 2026, then about 6% in 2027 and 2028. The article highlights the payout ratio as the key number to check: the annualized dividend of about $2.49 per share equals roughly 62% to 64% of 2026 adjusted EPS guidance of $3.92 to $4.02. That level is considered manageable for a regulated utility, but heavy capital spending could limit dividend growth if earnings fail to keep pace. Management targets adjusted EPS growth of at least 8% annually through 2035, and the author believes that, if achieved while the payout ratio stays near current levels, the dividend could keep rising into 2036.
- EXCLUSIVE: Ross Gerber Says Tesla May Make Just ‘a Few Hundred’ Roadsters: ‘Hovering Is a Gimmick’
Tesla reopened $50,000 reservations for the Roadster and announced a debut on October 1, 2026, but later delayed it to October 15 due to unfavorable weather, since the event was planned outdoors. Investor Ross Gerber, CEO and co-founder of Gerber Kawasaki Wealth Management, said he holds no reservation and called the hovering feature a gimmick that would balloon costs. He predicted the Roadster may be a limited run of just a few hundred units and said the high-end EV market is smaller than the overall high-end car market. He also criticized Tesla's decision to discontinue the Model S Plaid and stressed the importance of low-cost EVs amid high gas prices tied to the Iran war and the Russia-Ukraine conflict.
- Othello Raises $8 Million for Real-Time AI Sales Coaching During Live Calls
Othello, an applied AI lab building models for live sales calls, raised $8 million in seed funding from a16z speedrun, Owl Capital and Long Journey Ventures, with angel investors including co-founders of DoorDash, Ripple and Hugging Face. Its in-call coaching runs on its proprietary Hamlet model and delivers live suggestions in under 500 milliseconds, such as the next discovery question, missed MEDDPICC or Challenger steps, and how to handle objections, shown as pop-ups in any online meeting without joining as a participant. The product is deployed at over 50 large enterprises, including several Fortune 500 companies, with customers such as Microsoft, Capital One and Lyft. Gartner predicts that by 2028, 60% of B2B seller work will be executed through conversational user interfaces, up from less than 5% in 2023.
- SWI raises $894 million to repurpose former FTX bitcoin miner Genesis Digital to AI
- Tesla Stock Dips. Uber Raises a Trillion-Dollar Question.
Related markets
Latest news
- Duong Son Ba Arrested, Hai Phong Thermal Power Loses Lawsuit and Must Pay VND 115 Billion to Partner
Hai Phong Thermal Power (HND) disclosed an appellate ruling in a coal supply dispute with Dan Ka Mineral, under which the court accepted the plaintiff's appeal and ordered the company to pay nearly VND 115 billion, including a coal price difference of over VND 80.15 billion and interest of over VND 34.65 billion. The dispute stems from a 2021 contract, with disagreement over price adjustments after global coal prices rose sharply in 2022. Duong Son Ba, the company's general director, was arrested on 21 May 2026 over alleged forgery of documents of an agency or organisation, and the board dismissed him from the post on 13 October, with no successor yet announced. In the first half of 2026, the company reported net revenue of nearly VND 6,081 billion, up 8%, and after-tax profit of over VND 508 billion, up nearly 25%.
- Iran threatens to use the 'father of all missiles' to strike adversaries' energy facilities
Major General Mohammad Reza Naqdi, senior adviser to the IRGC commander, said at a rally in Sari on October 18 that Iran has prepared the most advanced missiles and will respond to any aggression. He warned that energy infrastructure and investments belonging to powers Tehran deems aggressive in the region could fall within Iranian missile range. His remarks answered US President Donald Trump's threat to use the GBU-43/B MOAB, often called the 'mother of all bombs' and weighing about 14 tons, against Iran's energy infrastructure and nuclear sites. Naqdi said Iran also possesses these bombs, having seized some that failed to detonate in the 12-day war, and called Trump's impatience a 'public admission of defeat'.
- Strategy on verge of golden cross, just weeks after bitcoin flashed same bullish signal
Strategy (MSTR) is about to form a golden cross, when its 50-day average rises above its 200-day average, possibly as early as Monday, just weeks after bitcoin showed the same bullish signal. The company holds $69.81 billion in bitcoin, and its stock has had two earlier golden crosses followed by big rallies: from $15.57 in September 2020 to $127.29 by February 2021, a 717% gain, and from $25.29 on March 2, 2023 to a peak of $473.83 in November 2024, up 1,774%. The article stresses the signal is unreliable, though: since 1999 MSTR has had 19 golden crosses, and only 10 were followed by a higher price 12 months later, a 50% hit rate, with a median 12-month return of just 3.3%. The two worst cases, in 2001 and 2007, were followed by a 61% loss.
- Director of the HCMC Institute of Economics, Natural Resources and Environment: Four major corporations have raised plans to invest in Vietnam, but pulled back when asked about power capacity
At a seminar co-organized by Tien Phong newspaper and the HCMC Department of Construction on October 16, TS. Phạm Viết Thuận said the city should treat infrastructure as an integrated system rather than focusing only on transport. He argued that 11 main and 13 secondary infrastructure categories, including power, water drainage, industrial zones and logistics, need to be synchronized for the city to develop its economy. To address flooding, he proposed surveying 159 flood-prone points and building ecological lakes at major spots. He also noted that four large corporations had considered investing in Vietnam but withdrew when asked about grid power capacity. Department director Trần Quang Lâm said capital mobilization and land policy need further study, while traffic congestion, flooding and pollution remain the city’s top priorities.
- Live updates: Bitcoin tags $83,000 and slips back as chip stocks lead a rebound
Bitcoin climbed from an overnight low near $80,700 to just above $83,000 early Monday, then slipped back to about $82,400 as sellers stepped in, and was up 0.3% over 24 hours. The bounce followed tech stocks, with Nasdaq 100 futures up 1.1%, snapping a weeklong 5.5% selloff, and an ETF tracking chipmakers jumping 3%. WTI crude recovered to $98.55 after touching $96.72, as the U.S. warned citizens across 12 Middle East locations of possible flight cancellations and airspace closures, raising fears of fresh strikes on Iran and disruption at the Strait of Hormuz. In Europe, the Stoxx 600 fell 0.8% after protests in France. Bitcoin would need to move through $84,000, its ceiling on October 13 and 14, to signal that the tech rebound is lifting it too.
- Baystreet . ca - When Might October Nasdaq Correction End ?
The Nasdaq Composite (QQQ ETF) is 6.96% below its 52-week high after falling 5.52% last week, close to the 10% threshold for a technical correction. The article says high oil prices, sustained by Iran's control of traffic through the Strait of Hormuz, keep September CPI and PPI rising, and that Iran wants higher oil prices to hurt the Republican Party before the midterm elections, so the correction in beaten-down stocks may continue. CoreWeave (CRWV) lost 25.21% last week, closing just 3% above its yearly low, while bears holding a 17% short float bet its $50 billion debt is unsustainable. Nebius (NBIS) fell 25% and Twilio (TWLO) dropped 15.6%, while Autodesk (ADSK), Salesforce (CRM) and Adobe (ADBE) drew buying. The article suggests volatility may ease after the midterms.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.