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The Boron Boom, $200 Million For Quantum Computing Startups, and Autonomous Cargo Drones

The Boron Boom, $200 Million For Quantum Computing Startups, and Autonomous Cargo Drones

Uncovering the world’s most exciting early stage companies. Discover what’s next.

Novo Nordisk Is Getting In On The Quantum Computing Race

Novo Holdings, the parent company of pharmaceutical giant Novo Nordisk (NYSE: NVO), has announced plans to invest $200 million into quantum computing startups. The company is aiming to leverage quantum computing for potential breakthroughs in drug discovery and life sciences.

Could Boron Be The Next Critical Mineral For The Chip Boom?

Boron is getting a renewed focus as a chemical element due to its crucial role in manufacturing chips and semiconductors that are necessary for powering artificial intelligence workloads. Canter Resources’s (CSE:CRC) flagship Columbus Lithium-Boron project in Nevada may contain a significant deposit of boron, as historical drill holes a few kilometres north of their primary targets returned approximately 30,000 parts per million of the element.

Autonomous Cargo Drones Are Launching In The US

MightyFly has announced they have become the first large autonomous cargo electric vertical takeoff and landing operator to receive Federal Flight Authority approval for a flight corridor. MightFly’s flagship cargo drone is known as the Cento and is capable of carrying up to 100 lbs of weight and can fly continuously for up to 600 miles.

The Sprint

Coreweave has raised $1.1 billion in a new Series C financing round to expand their specialized GPU cloud services.
10Lines has developed a robot that uses artificial intelligence and computer vision to be able to autonomously mark lines on pavement, with the initial focus being on painting lines in parking lots.
Bolt, one of the largest ride sharing and on demand electric scooter rental companies in the world, has received a new cash infusion and has publicly stated their plans to IPO in the near future.

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