Volkswagen Group invested a nine-figure amount in 24M Technologies while SoftBank participated in a $100m series C round for Pixis.

Automotive manufacturer Volkswagen Group has acquired a 25% stake in US-based energy storage system developer 24M Technologies, investing an undisclosed nine-figure sum into the company’s series F round. Diversified trading group Itochu led a $56.8m series E round for 24M in May 2021 that included fellow corporates Fujifilm, Kyocera and Global Power Synergy.

Pixis, the US-based developer of codeless artificial intelligence infrastructure that was formerly known as Pyxis One, has raised $100m in a series C round featuring internet and…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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