• The New Money
  • Posts
  • The Great Nickel Race, Battery Disruption, and Neuralink's Breakthrough Brain Implant

The Great Nickel Race, Battery Disruption, and Neuralink's Breakthrough Brain Implant

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

January 30, 2024

The Race To Secure North American Nickel Supply

Nickel is well known as a critical metal for electrification. But finding nickel supply within North America is becoming a race between some of the world’s largest companies, with few viable sourcing options. Notably, Talon Metals (TSX:TLO) has landed funding from multiple US government departments for nickel exploration and a battery mineral processing facility, as well as a multi-year supply agreement with Tesla (NASDAQ:TSLA).

Legends of Wall Street and Silicon Valley Are Backing This Disruptive Battery Startup

Sion Power has raised $75 million in a round led by LG Energy Solution to advance their proprietary technology known as Liceron that significantly increases the energy and rechargability of their batteries compared to lithium-ion batteries. Sion Power’s lithium metal batteries are able to be the same size and weight of a typical lithium-ion battery, while containing approximately twice the amount of total energy.

Elon Musk’s neuroscience company Neuralink has successfully completed the first ever implant of a wireless computer chip into a human brain in their clinical trial. The surgically-embedded implant is focused on individuals who are quadriplegic or suffer from ALS, aiming to transform patients whose movement is significantly restricted and impaired.

The Sprint

New here? Join our community of 19,000+ individuals interested in uncovering the world’s most exciting early stage companies.