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Rimac Group made headlines after raising a Series D round that valued the Croatian startup at $2.2 billion, prompting the question: How has it succeeded where so many other EV makers have struggled?

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Pitch Deck Teardown: WayRay’s $80M Series C deck

WayRay's deck consists of a whopping 75 slides — around 50 more than I would typically recommend — and it's clear that the founders took a different tack than what we're used to seeing these days.

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Daily Crunch: Apple’s M1 chips have an ‘unpatchable’ hardware vulnerability, say MIT researchers

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

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Why Porsche is turning to startup builder UpLabs to solve its biggest problems

John Kuolt hates the term “incubator” — at least when describing UP.Labs, a new venture that launched this week with inaugural partner Porsche. “It has a connotation that we aren’t,” the CEO and founder of UP.Labs told TechCrunch. So what is Up.Labs beyond the “b…

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The Station: Ford’s vision for dealerships and Rimac’s big raise

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. S…

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Rimac raises more than $500M from Porsche, Softbank and Goldman Sachs

Rimac Group said Tuesday it has raised 500 million euro ($536 million), funds that will help the Croatian startup expand beyond its electric hypercar roots and grow into a global EV components supplier — and eventually a publicly traded company. Softbank Vision Fund 2 and Goldman Sachs led the Seri…

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Porsche joins $400M bet on lithium-silicon batteries to juice up future EVs

The German automaker is upping its bet on electric vehicles, in part via a hefty investment in lithium-silicon battery developer Group14 Technologies.

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The Toyota bZ4X: Solidly middling EV

Toyota isn’t the first automotive brand that pops to mind when it comes to battery electric vehicles. Toyota might be the largest automaker in the world — reportedly selling more than 9.5 million vehicles globally and stealing the crown from Volkswagen Group — but the company has been markedl…

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The Mercedes-Benz EQXX EV demo is the latest flex against Tesla

In a direct and perhaps theoretical challenge to Tesla, Mercedes-Benz brought to the New York International Auto Show on Wednesday its Vision EQXX concept, freshly returned from a European road trip where it traveled 621 miles on a fully charged battery. The long-range demo is the latest flex again…

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Remove that ‘exit strategy’ slide from your pitch deck

A lot of pitch decks I review have a slide that really shouldn't be there: the exit strategy slide. As an early-stage startup, it's downright nonsensical, and it shouldn't be part of your deck at all.

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WeWork India exposed visitors’ personal information and selfies

Visitor names, email addresses, phone numbers, and selfies were exposed to the internet.

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