Daily Crunch: In $1.2B deal, EV battery maker Solid Power files to go public


The TechCrunch Top 3Solid Power is going public: The solid-state battery developer backed by Ford and BMW said Tuesday it would head to the Nasdaq via a merger with special purpose acquisition company Decarbonization Plus Acquisition Corp III at a post-deal implied market valuation of $1.2 billion.

Andreessen Horowitz has launched its own media apparatus called Futre: The publication, funded by a16z funds, looks to provide content that doesn’t currently exist in the market and that can be created from the “unique, interesting perch” that the firm has, says Margit Wennmachers, the firm’s operating partner of marketing and Future. Good luck, a16z, and welcome to the jungle.

We have a new FTC commissioner: The Senate on Tuesday confirmed Big Tech critic and prominent antitrust scholar Lina Khan as a commissioner to the Federal Trade Commission, signaling a new era of scrutiny for the tech industry. Khan was confirmed in a 69-28 vote, with Republicans joining Democrats in a rare show of bipartisan support for Khan’s ideas on reining in tech’s most powerful companies. #deal #developer #acquisition #nasdaq #bmw #power #battery #companies #bimmer #ford
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