Lucid sales inch forward as EV maker pushes to ramp Gravity production

The micromobility startup that spun out of Rivian this year, was raised $200 million from Greenoaks Capital. Also, French AI startup Mistral is in talks to raise up to $1 billion in equity from investors including Abu Dhabi’s MGX fund, reports Bloomberg Learn more about your ad choices. Visit podcastchoices.com/adchoices

With a fundraising target of €25 million, Darkstar’s goal is to help startups bring battle-tested products to military customers both in Ukraine and throughout Europe. Learn more about your ad choices. Visit podcastchoices.com/adchoices

AI infrastructure startup LangChain is raising a new round at about $1 billion valuation led by IVP. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Slate Auto, which came out of stealth mode earlier this year with a surprising – and surprisingly affordable – customizable electric truck, has raised $700 million to date. But long before the EV startup broke cover, it quietly raised a Series A round of more than $100 million in 2023. Learn more about your ad choices. Visit podcastchoices.com/adchoices

If you walked into a Dubai bank to apply for a mortgage in 2020, chances are you’d spend months buried in paperwork or face a huge price discrepancy when it came to listings. Such experiences led Jad Antoun to start Huspy, a startup streamlining how people in the UAE buy homes digitally. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Competitors to Darragh Buckley's Increase are so nervous about his ambitions to "own" a bank, someone has been trying to stop him. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Lovable released its vibe coder in late November. Within six month, the startup hit $50 million in ARR, CEO Anton Osika said. Learn more about your ad choices. Visit podcastchoices.com/adchoices

SpaceX is facing another lawsuit alleging discrimination, sexual harassment, and retaliation. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Lucid sold 3,309 vehicles in the second quarter, a new record for the EV maker. Still, the company must ramp up production of its Gravity SUV to meet its 2025 target. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Qedma specializes in error mitigation software. Its main piece of software, QESEM, standing for Quantum Error Suppression and Error Mitigation, analyzes noise patterns to suppress some classes of errors while the algorithm is running and mitigate others in post-processing. Learn more about your ad choices. Visit podcastchoices.com/adchoices