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Malta’s energy storage tech to stabilize electricity grids reliant on renewables gets $50 million

TechCrunch

That’s why technologies coming from companies like Malta , an energy storage technology developer that just raised $50 million in new financing, are attracting attention and venture capital investment. That modified design is what’s now being developed by Malta, which spun out from X in 2018.

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France’s strategy for EU startup policies: Talent and money

TechCrunch

Last year, the European Commission and Member States launched the Startup Nations Standard. During the Portuguese Presidency of the Council of the EU, Portugal announced that it would go one step further and create the European Startup Nations Alliance (ESNA). It’s a new entity that is in charge of the Startup Nations Standard.

Policy 86
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Why the global chip shortage is making it so hard to buy a PS5

The Verge

It’s a long, sequential process that crosses many national borders. GlobalFoundries built that fab in Malta, New York, at relatively good speed. You’d probably have to spend 10 times what GlobalFoundries spent up in Malta, New York.” There’s a lot of emphasis on this problem. I would say it’s not bad for a down payment.

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The Station: Tesla’s rough week, China’s AV strategy and Joby’s air taxi play in South Korea

TechCrunch

because of a software error that may result in windshield defrosting problems, according to the National Highway Traffic Safety Administration (NHTSA). Department of Transportation and Energy announced that nearly $5 billion will be made available under President Biden’s infrastructure plan to build a national EV charging network.

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A year on from Russia’s invasion, Ukrainian startups show astounding resilience

TechCrunch

This week, a majority of the members of the United Nations reiterated its demand that Russia “immediately, completely and unconditionally withdraw all of its military forces from the territory of Ukraine and called for a cessation of hostilities”. Today marks exactly one year since Russia’s illegal, unprovoked, and brutal of Ukraine.

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8 cannabis investors share their outlook on the European market in H1 2022

TechCrunch

medical cannabis in Europe is regulated as a medicine and falls under EU and national pharmaceutical regulatory systems. What are some of the biggest challenges facing Europe’s cannabis industry right now? Europe is largely a medical-only market right now. Unlike the U.S.,

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Elon Musk’s Twitter (now X): Everything you need to know, from layoffs to verification

TechCrunch

Twitter faces a $250 million lawsuit filed by major music publishers The National Music Publishers’ Association (NMPA), representing 17 publishers, listed 1,700 songs for which it sent multiple copyright violation notices to Twitter. An engineer at Twitter, Prachi Poddar, also announced the change by posting a long tweet.

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