Start-Up Financing Drops Worst Since 2019

SAN FRANCISCO — Startup funding falls for the first time in three years. The numbers are sharp. Investments in US tech startups have fallen 23 percent in the last three months to $62.3 billion, according to figures released Thursday by PitchBook, which tracks startups. Worse, in the first six months of the year, initial sales […]

Fusion Energy Advance Greeted by a Seattle Start-Up

Zap Energy, a fusion energy startup working on a low-cost way to generate electricity commercially, said last week that its researchers took an important step towards testing a system that it believes will eventually produce more electricity than it consumes. This point is seen as a turning point in solving the world’s energy problem as […]

Trouble and US spyware offer for CO2 cleanup startup

Running Tide, an aquaculture company based in Portland, Maine, aforementioned It is expected to establish tens of thousands of small algae farms floating in the North Atlantic between this summer and the next. The hope is that the rapidly growing macroalgae will eventually sink to the ocean floor, storing thousands of tons of carbon dioxide […]

This startup wants to pack more energy into EV batteries

This solid-state battery technology is still years away from commercialization—Solid Power plans to produce enough material for 800,000 cars a year by 2028—but if it proves practical, the batteries could significantly improve the performance of electric vehicles. However, Solid Power will not manufacture and sell full batteries in the future. Instead, it will provide solid […]

A climate-focused startup plans to invest $350 million

The problem is, we don’t know how to decarbonize at these scales. Our current options include things like planting trees, building carbon-absorbing machines, and scattering around carbon-absorbing minerals. But they are all expensive, unreliable, short-lived, untested, limited, or otherwise compelling. Low Carbon Capital It was founded in 2018 by Chris and Crystal Sacca, who oversaw […]

Download: This startup wants to launch a molecular electronics

This is today’s edition downlHEadvertisement, Our weekday newsletter that provides a daily dose of what’s going on in the tech world. This startup wants to kickstart a molecular electronics revival By 2000, many hopeful molecular electronics (using single molecules to build circuits and components) will go beyond silicon-based circuits to allow computer chips to continue […]

This startup wants to kickstart a molecular electronics revival

Please consider to support MIT Technology Review journalism subscribe to. “This is a great concept. “I think it’s too late for chip manufacturers to do something for us in the biosciences,” says Nils Walter, a chemist at the University of Michigan and co-founder of aLight Sciences, a company that develops single molecules as biosensors. use […]

This new startup has built a record-breaking 256-qubit quantum computer

In 2019, Google announced that its 53-qubit machine had achieved quantum supremacy by performing a task that could not be managed by a congress computer, but IBM disputed this claim. Same year, IBM launches 53-bit quantum computer. in 2020 ionQ It unveiled a 32-qubit system that the company says is “the world’s most powerful quantum […]

Massachusetts Start-Up Hopes to Get One Step Closer to Business

A start-up founded by scientists at the Massachusetts Institute of Technology says the world is approaching a technological milestone that could bring it one step closer to fusion energy, which has eluded scientists for decades. Researchers at MIT’s Center for Plasma Science and Fusion and engineers at the company Commonwealth Fusion SystemsThey began testing an […]

Lyft will work with Ford and a self-driving car start-up

Ford Motor and its autonomous driving subsidiary Argo AI have formed an alliance with Lyft to start offering rides in self-driving cars. Ford plans to start using self-driving cars In Miami this year through Lyft’s ride-hailing service. The vehicles will be equipped with Argo’s self-driving technology, but still have someone at the steering wheel for […]