Prime Moves Lab Rundown: Robust.AI Raises $20 Million; Energy Vault Builds 100 MWh Storage System

Photo Courtesy of Robust.AI

From warehouse robots to gravity energy storage systems, the latest advances from Prime Movers Lab’s portfolio companies made headlines this month. Be sure to read TechCrunch’s coverage of our investment in Robust.AI, and CNET’s piece on Energy Vault’s EVx system in China. Also, don’t miss Dakin Sloss’s latest Fast Company piece on why founders need to reset expectations when fundraising.

• TechCrunch: Robust.AI raises $20M as it scales robot deliveries for pilot customers (Robust.AI and Prime Movers Lab)
• Fast Company: Startups need to reset expectations when raising venture capital (Prime Movers Lab)
• Inc.: Sarah “Sassie” Duggleby Named to Inc.’s Female Founders 200 (Venus Aerospace)
• CNBC: Nuclear fusion will not be regulated the same way as nuclear fission — a big win for the fusion industry (Focused Energy)
• Ars Technica: A passenger aircraft that flies around the world at Mach 9? Sure, why not (Venus Aerospace)
• CNET: Hundreds of 24-Ton Bricks Could Fix a Huge Renewable Energy Problem (Energy Vault)
• Futurism: Company builds facility to lift and lower 24-ton bricks for energy storage (Energy Vault)
• Space News: Quantum Space moves up development of Ranger transfer vehicle (Quantum Space)

Prime Movers Lab invests in breakthrough scientific startups founded by Prime Movers, the inventors who transform billions of lives. We invest in companies reinventing energy, transportation, infrastructure, manufacturing, human augmentation, and agriculture.

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