Allbirds has closed its Series E funding round, which netted the New Zealand-American company $100 million and brought its valuation to $1.7 billion.
Source: theorg.com
Launching from Cape Canaveral Air Force Station in Florida on Tuesday, the Falcon 9 flight was the seventh time that particular first stage booster had been used.
Providing an update to Unilever’s flagship Sustainable Living Plan as it enters its 10th and final year, chief executive Alan Jope reflects on the need to double down to protect the planet and society during the pandemic by “driving a new mod…
Fraunhofer Institute UMSICHT, SABIC and Procter & Gamble (P&G) announced their collaboration in an innovative circular economy pilot project which aimed to demonstrate the feasibility of closed-loop recycling of single-use facemasks. Due to COVID-19, use of billions of disposable facemasks is raising environmental concerns especially when they are thoughtlessly discarded in public spaces, including – parks, open-air venues and beaches. Apart from the challenge of dealing with such huge volumes of essential personal healthcare items in a sustainable way, simply throwing the used masks away for disposal on landfill sites or in incineration plants represents a loss of valuable feedstock for new material. “Recognizing the challenge, we set out to explore how used facemasks could potentially be returned into the value chain of new facemask production,” says Dr. Peter Dziezok, Director R&D Open Innovation at P&G. “But creating a true circular solution from both a sustainable and an economically feasible perspective takes partners. Therefore, we teamed up with Fraunhofer CCPE and Fraunhofer UMSICHT’s expert scientists and SABIC’s T&I specialists to investigate potential solutions.”
In an internal email to employees, SpaceX CEO Elon Musk said that development of the Raptor rocket engine that will power the Super Heavy/Starship launch system is in “crisis,” adding the company risks bankruptcy if the company can’t turn the situation around, according to media reports.
The problems pose a risk not only to SpaceX and its multi-billion dollar Starlink satellite broadband program, but to Musk’s plans to colonize Mars and NASA’s Artemis program to return astronauts to the moon. The U.S. space agency has awarded SpaceX a $2.9 billion contract to develop a lunar lander based on the Starship vehicle.
In an open letter, the group of 14 CEOs calls on governments to accelerate such a transition by recognizing and supporting purpose-first business as an emerging fourth sector of the economy.
Rivian has added another $2.5 billion to its coffers, with the electric truck company closing its first investment round of 2020.The further cash injection…