Venture
fromBusiness Insider
2 days agoRedwood Materials lands Google as a new investor
Google joined Redwood Materials' upsized Series E, bringing total funding to $425 million and valuing the company above $6 billion.
At a recent event in Las Vegas, Tesla unveiled the Megablock, a revolutionary electric grid-level battery system designed to supercharge large-scale energy storage projects. This isn't just an incremental upgrade; it's a pre-engineered powerhouse that bundles four Megapack 3 units - each boasting 5 megawatt hours (MWh) of capacity - with integrated transformers and switchgear. The Megablock will allow developers to erect massive storage sites 23% faster and at up to 40% lower construction cost