Sila Nanotechnologies Takes $1 Billion Valuation Haircut With Latest Round --[Reported by Umva mag]

Startup down rounds have become more common, though there are signs of life in the market.

Sep 24, 2024 - 11:32

Sila Nanotechnologies Takes $1 Billion Valuation Haircut With Latest Round --[Reported by Umva mag]

(Bloomberg) — Battery technology company Sila Nanotechnologies Inc. recently raised a lot of money from investors – the only catch was that its valuation fell by about $1 billion in the funding round, an indication of the still-tough environment for startups. Read More

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