Honda Motor Co. v. Oberg

Princeton NuEnergy (PNE) Secures $16 Million in Series A Funding to Advance Lithium-ion Battery Direct Recycling Technology

Retrieved on: 
Monday, November 6, 2023

BORDENTOWN, N.J., Nov. 6, 2023 /PRNewswire/ -- Princeton NuEnergy ("PNE"), a clean- tech innovator specializing in recycling, repurposing, and commercializing lithium-ion battery materials, is pleased to announce the initial closing of its Series A funding round, raising $16 million. The round was led by Wistron Corporation (TPE: 3231), a Fortune Global 500 member and industry leader in electronics recycling services. Additionally, new institutional investors participated in this round, including Honda Motor Co., Ltd. (NYSE: HMC), GS Futures, and Traxys North America, joining previous investors Greenland Technologies, Shell Ventures, and WorldQuant Ventures, among others. PNE will use the proceeds for new recycling facility construction and equipment procurement to further increase processing capacity and support company operations.

Key Points: 
  • The round was led by Wistron Corporation (TPE: 3231), a Fortune Global 500 member and industry leader in electronics recycling services.
  • PNE will use the proceeds for new recycling facility construction and equipment procurement to further increase processing capacity and support company operations.
  • "This Series A funding round represents a major step towards realizing our vision of a cleaner, greener future through cutting-edge lithium-ion battery recycling technology.
  • "Princeton NuEnergy has an innovative concept and technologies for lithium-ion battery recycling, and Honda has high expectations for their future potential.

Seurat Technologies Raises $99M to Deploy Local Printing Factories, Decarbonize Manufacturing

Retrieved on: 
Monday, October 30, 2023

WILMINGTON, Mass., Oct. 30, 2023 /PRNewswire/ -- Seurat Technologies, the 3D metal printing leader that is making manufacturing better for people and the planet, today announced a $99 million Series C round led by NVentures, NVIDIA's venture capital arm and Capricorn's Technology Impact Fund focused on climate solutions. Seurat's latest funding round includes participation from new investors Honda Motor and Cubit Capital, among others, as well as participation from previous investors, True Ventures, SIP Global Partners, Porsche Automobil Holding SE, Denso Global, General Motors Ventures, Maniv Mobility LP, and Xerox Ventures.

Key Points: 
  • Powered by 100% green energy, Seurat is reinventing and reshoring manufacturing with its Area Printing technology developed at Lawrence Livermore National Laboratory.
  • "Our mission is to create a green manufacturing industry," said James DeMuth, co-founder and CEO of Seurat.
  • "With our additive manufacturing technology, our print factories will provide our customers with clean manufacturing that can compete with the volumes, quality, and price points of traditional manufacturing.
  • "Seurat's potential to disrupt and decarbonize the traditional metal parts manufacturing industry is tremendous," says Ion Yadigaroglu, Partner at Capricorn.

Europe Lawn Mower Market Outlook to 2027 - Featuring Husqvarna, Kubota and Robert Bosch Among Others - ResearchAndMarkets.com

Retrieved on: 
Thursday, May 12, 2022

The "Europe Lawn Mower Market Outlook, 2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Europe Lawn Mower Market Outlook, 2027" report has been added to ResearchAndMarkets.com's offering.
  • According to this report the European lawn mower market is estimated to witness significant market growth with 6.58% CAGR.
  • Europe lawn mower market is segmented into eight major countries including Germany, United Kingdom, France, Netherlands, Sweden, Spain, Italy and Switzerland.
  • This factor is expected to provide growth opportunities to robotic lawn mower market as they are more energy efficient compared to traditional lawn mowers.