northvolt Northvolt Slashes Workforce as Europe's Battery Champion Faces Demand and Execution Hurdles Northvolt lays off 1,600 employees and halts factory expansion due to sluggish EV demand and production missteps. The European battery startup struggles to compete with mature Asian manufacturers despite raising billions in capital.
climate tech Climate Tech Startups Secure Nearly $4 Billion in Record Q3 Funding Climate tech dominates the top equity deals of Q3, with five startups raising a combined $3.7 billion. This investment surge significantly outpaces previous quarters and highlights the sector's resilience in a cooling broader market.