Kinnevik

Breathe lands $21M Series B to predict battery performance

Fundraising /

Few markets are moving as rapidly as China’s automotive sector. There, new models are rolled out in as little as 18 months, putting tremendous pressure on legacy Western automakers, which need four-plus years to go from concept to sales floor. “With the increasingly short development cycles in China, it’s driving a huge amount of cost […]

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SoftBank-backed grocery startup Oda lays off 150, resets focus on Norway and Sweden

Startups /

It’s not just instant-delivery startups that are struggling. Oda, the Norway-based online supermarket delivery startup, has confirmed layoffs of 150 jobs as it drastically scales back its expansion ambitions to focus on just two markets, its homebase and Sweden, the homebase of Mathem, an online grocery that Oda merged with last year. Oda, which has

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