Holyvolt, a Swedish battery startup, secures $45 million in funding led by a Michigan-based former Tesla executive. The company aims to reduce reliance on Chinese battery supply chains by leveraging AI-driven manufacturing. Founder Ingvarsson and co-founder Prast bring automotive and tech industry experience to scale production in Sweden and Michigan.
Fifth Wall is raising a new $500 million fund called Fifth Wall React, according to a regulatory filing. The eight-year-old firm manages $3.2 billion in capital and previously raised an $866 million real estate tech fund in late 2022 and a $500 million climate tech fund earlier that year. Recent Federal Reserve rate cuts lead investors to anticipate a proptech rebound.
Dec 2024TechCrunchNews article
Fifth Wall
Fifth Wall, a LA-based financial services and venture capital firm, specializes in PropTech, retail brands, and climate tech investments.