Resilient Power wants to revolutionize EV charging

Resilient Power has announced a $5 million seed round of investment as it looks to build an alternative power option for electric vehicle charging infrastructure.

The round, led by Energy Transition Ventures, with investment from Amazon’s Climate Pledge Fund and GS Futures, the corporate venture capital arm of GS Group from Korea, is the first round from outside investors. The company had previously received $3 million in funding through contracts and grants from the U.S. Department of Energy,...

https://www.freightwaves.com/news/resilient-power-wants-to-revolutionize-ev-charging

JD Logistics sets IPO price, eyes $3.4B valuation

On Monday, JD Logistics, the supply chain spinoff of JD.com (NASDAQ:JD), set its Hong Kong IPO price between $HK39.36 and $HK43.36 for a total of 609.1 million shares. This pricing could lead to a $3.4 billion valuation for the company.  

JD.com plans to hold 10% of JD Logistics’ shares, according to the new filing.

The listing would also provide an over-allotment option that would provide another 91 million shares, raising an additional $510 million.

Joint sponsors for the IPO include BofA...

https://s29755.pcdn.co/news/jd-logistics-sets-ipo-price-eyes-34b-valuation

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