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PaperShell secures €40.3M EU grant to build its first full-scale factory

The Swedish deeptech company has signed a Grant Agreement with the European Commission under the EU Innovation Fund, unlocking €40.3M of a €83M project to expand its Tibro plant to 23,000 tonnes per year capacity by 2030. The material is already NATO-approved and shipping to customers in construction, defence, electronics and transport. PaperShell makes a […]

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We picked the 24 best Big Spring Sale deals that are under $50

Despite the fact that spring isn’t often associated with big discounts, Amazon seems keen to turn every season into one filled with savings. Case in point? The retailer is currently hosting a spring sales event, which will run through 2:59AM ET on April 1st. Retailers like Best Buy, Walmart, and Newegg have also hopped aboard […]

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SoftBank secures $40B bridge loan to fund its OpenAI bet

The unsecured facility, arranged with JPMorgan Chase, Goldman Sachs, Mizuho, SMBC and MUFG, matures in March 2027. Once SoftBank’s $30B follow-on investment in OpenAI closes, its cumulative stake will total approximately $64.6B, representing roughly 13% of the company. Masayoshi Son has never been accused of thinking small, but the pace and scale of his bet […]

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