Topic: corporate investors
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Tech Giants Back Terradot in Carbon Removal Acquisition
Terradot, a tech-backed startup, is acquiring competitor Eion, driven by investor preference for firms capable of executing large-scale carbon removal contracts. Both companies use enhanced rock weathering, a technique that removes CO₂ by applying crushed minerals to farmland, but its scalability...
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Black Forest Labs Secures $300M at $3.25B Valuation
Black Forest Labs, a German AI image generation startup, raised $300 million at a $3.25 billion valuation to accelerate R&D, signaling strong market confidence. The company, founded in 2024, has gained prominence as its technology is used by major firms, including powering image generation for El...
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