Microsoft Invests $2 Billion Into Autonomous Vehicle Company Cruise

Cruise has raised $2 billion in a new equity round that has pushed its valuation up to $30 billion and delivered Microsoft as an investor and partner. GM, Honda and other institutional investors have also put more capital into Cruise as the autonomous vehicle company inches closer to commercializing its technology. While Microsoft’s capital is…

Mitsubishi Among Investors in Hydrogen Logistics Technology

Royal Vopak, Mitsubishi Corporation, Covestro and AP Ventures have invested 17 million euros into Hydrogenious LOHC Technologies GmbH and its Liquid Organic Hydrogen Carrier (LOHC) technology for hydrogen logistics. “We warmly welcome our new investors and are very excited to work with them as strategic partners who share our vision of a LOHC-based worldwide hydrogen…