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- Silicon Valley Billionaire Takes New Solar Stake, Caterpillar's Robotics Collaboration, And Google's Geothermal Energy Deal
Silicon Valley Billionaire Takes New Solar Stake, Caterpillar's Robotics Collaboration, And Google's Geothermal Energy Deal
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Billionaire VC John Doerr Leads Round For Publicly Traded Solar Company
SunPower (NASDAQ: SPWR) raised $26.2 million in a new equity financing round anchored by legendary Silicon Valley venture capitalist John Doerr’s family office Foris Ventures. T.J. Rodgers (SunPower’s CEO) and John Doerr were strategic investors in Enphase Energy (NASDAQ: ENPH) at ~$1.00 per share, prior to it trading at over $300 per share five years later.
Caterpillar and FieldAI Are Collaborating On Robotics
Caterpillar (NYSE: CAT) formed a new partnership with FieldAI to explore potential ways to advance autonomy and robotics across job sites and factories. The new collaboration will initially be focused on autonomous inspections, digital twins and being able to safely operate robotics in complex industrial environments.
Fervo Energy Lands Historic Enhanced Geothermal Power Purchase Deal With Google
Fervo Energy (NASDAQ: FRVO) entered into a new power purchase agreement with Google (NASDAQ: GOOG) to provide them with 396 megawatts of power from their Cape Station EGS GeoCluster located in Utah, marking the single largest power purchase agreement ever for enhanced geothermal energy.
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The Sprint
Standard Lithium's (NYSE: SLI) joint venture company Smackover Lithium entered into a new deal with LG Energy Solution to supply them with 8,000 tonnes of lithium carbonate annually.
XTEND AI Robotics (NYSE: XTND) completed their reverse merger with JFB Construction Holdings and began trading on the New York Stock Exchange.
SoFi Technologies (NASDAQ: SOFI) and Kraken’s parent company Payward formed a new partnership focused on banking settlements and stablecoin distribution.
Oura filed a Form S-1 with the United States Securities and Exchange Commission to become a publicly traded company on the Nasdaq.
Opendoor (NASDAQ: OPEN) officially launched their Opendoor Home Loans out of beta and is licensed to offer mortgages in 16 states.
The Markets This Week
+21.9% | GoPro Inc.
+77.7% | ChargePoint Holdings
+41.2% | Cypherpunk Technologies
+37.3% | Draganfly
+27.4% | ONE Nuclear Energy
+27.3% | Origin Materials
+26.0% | IREN
+26.0% | Montauk Renewables
+24.8% | Strive Inc.
+23.1% | SunPower Inc.
Top Trends This Week
+18.0% | Cameron and Tyler Winklevoss
+11.9% | Mike Alfred
+10.4% | High Performance Computing
+9.7% | Bitcoin Mining
+5.5% | Memory Stocks
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