Type One Energy raised $200M to build a fusion power plant by 2034
Type One Energy is betting that its lean approach to fusion power will get a power plant on the grid faster, and investors have rewarded it with $200 million.
The Download: 10 climate tech companies to watch
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. 10 climate tech companies to watch Each year, MIT Technology Review puts together a list of the most promising climate tech companies in the world. This year, the stakes feel higher…
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Here’s how our climate team picked 10 promising companies to watch
As the team at MIT Technology Review set out to choose companies for this year’s edition of our annual list of Climate Tech Companies to Watch, the challenge felt more daunting than any year since we started compiling the list in 2023. This year is shaping up to be one of the hottest ever recorded.…
WeLion New Energy and its semi-solid-state batteries
WeLion New Energy is on a quest to make safer, better batteries. The company’s semi-solid-state cells could improve safety and offer greater energy density than lithium-ion batteries to power electric cars, boats, and drones. From the EVs that carry commuters home to the ships that transport goods across countries, more and more vehicles around us…
Form Energy and its iron batteries
Form Energy is building iron-based batteries that can store energy for multiple days. The company is ramping up supply at its factory and signing deals for commercial projects. New solar and wind installations produce electricity more affordably than fossil fuels in most places, but their output varies based on season, time of day, and weather.…
X-energy and its helium-cooled nuclear reactors
X-energy is developing small modular reactors to satisfy some of the planet’s most power-hungry users: industrial manufacturers that need high temperatures to produce billions of tons of concrete, plastics, fibers, and chemicals. Solar panels and wind turbines are great at producing electricity but what heavy industry also needs is raw heat—and lots of it. The manufacture…
The 4 Questions That Helped Me Stop Making Blind Decisions as a Founder
Asking the right questions and listening to the answers can expose blind spots and turn your team’s input into shared ownership.
What 8 Years of Backing Women Founders Taught Me About What It Takes to Build a Business That Lasts
Reach gets you noticed. A room full of people who’d fight for you gets you funded, forgiven and followed.
Lucid Motors’ EV output falls to lowest level in almost two years
The company is deliberately limiting production after years of struggling to find mass-market demand for its EVs.
The CEO of a Company That Cut Ties With Subway Reveals How It Went From Running Out of Cash to $54 Million a Year
YuChiang Cheng saw a different path forward — and it’s paying off big time.