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EV intelligence startup Vecmocon raised $5.2 million in Pre Series A from Tiger Global and others

EV intelligence startup Vecmocon raised $5.2 million in Pre Series A from Tiger Global, Blume Ventures and other prominent angel investors.

Vecmocon provides battery management systems, vehicle intelligence services, instrument clusters, motor controllers, EV chargers, and other products. The funds will be used to build the startup’s team, scale operations, and innovate new products. “We intend to use this fundraise primarily to invest in team and technology,” Vecmocon cofounder and CEO Peeyush Asati said in a statement. The plug-and-play service is currently integrated into EV OEM products, focusing on EV two-wheelers, three-wheelers, forklifts, and tractors.

by Siliconluxembourg

Would-be entrepreneurs have an extra helping hand from Luxembourg’s Chamber of Commerce, which has published a new practical guide. ‘Developing your business: actions to take and mistakes to avoid’, was written to respond to  the needs and answer the common questions of entrepreneurs.  “Testimonials, practical tools, expert insights and presentations from key players in our ecosystem have been brought together to create a comprehensive toolkit that you can consult at any stage of your journey,” the introduction… Source link

by WIRED

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by Gizmodo

Long before Edgar Wright’s The Running Man hits theaters this week, the director of Shaun of the Dead and Hot Fuzz had been thinking about making it. He read the original 1982 novel by Stephen King (under his pseudonym Richard Bachman) as a boy and excitedly went to theaters in 1987 to see the film version, starring Arnold Schwarzenegger. Wright enjoyed the adaptation but was a little let down by just how different it was from the novel. Years later, after he’d become a successful… Source link