U.S. maker of electric motors free from rare earths raises $225 million

U.S. maker of electric motors free from rare earths raises $225 million

3 years ago
Anonymous $drS9DEX_Sj

https://www.reuters.com/article/us-turntide-electric/u-s-maker-of-electric-motors-free-from-rare-earths-raises-225-million-idUSKCN2E614E

Turntide Technologies, a U.S. startup that makes energy-efficient electric motors without rare earth metals, has raised $225 million, underlining growing investor appetite for climate technology startups.

U.S. maker of electric motors free from rare earths raises $225 million

Jun 30, 2021, 11:40am UTC
https://www.reuters.com/article/us-turntide-electric/u-s-maker-of-electric-motors-free-from-rare-earths-raises-225-million-idUSKCN2E614E >Turntide Technologies, a U.S. startup that makes energy-efficient electric motors without rare earth metals, has raised $225 million, underlining growing investor appetite for climate technology startups.