Nasuni Corp. today announced that it has closed a $60 million funding round led by Sixth Street Growth after achieving strong revenue growth in 2021. The startup didn’t specify the valuation at which ...

Many car enthusiasts and experts believe that they are cut out to run their own car company; however, we are repeatedly reminded that running a car company is a very hard job. Take Carlos Tavares as ...

In a not-so-unexpected move, Canoo announced on Friday that it had filed for Chapter 7 bankruptcy and is ceasing operation immediately. The EV startup is the latest to call it quits in the face of ...

The decision by Canoo not to seek protection from creditors but to enter liquidation suggests there was no confidence among the board or investors that the company could restructure its balance sheet ...

Seven-year-old electric vehicle startup Canoo has filed for bankruptcy and will "cease operations immediately." The company is liquidating its assets in a Chapter 7 proceeding in the Delaware ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Fisker filed for Chapter 11 bankruptcy protections on Monday, marking a brutal blow to the startup ...