Battery pack manufacturer Romeo Power raises $30 million, Blend raises $100 million and SpaceX launches Falcon 9 rocket carrying Earth-observing satellite.
Electric-vehicle battery pack maker Romeo Power has closed a $30 million seed financing round, the Business Journal reports. The Vernon firm said the capital infusion came from its management team and investors who backed founder Michael Patterson’s previous ventures. The company declined to disclose further details.
Mortgage technology company Blend has raised $100 million in new funding led by Greylock Partners and existing investors, TechCrunch reports. Blend simplifies the process of mortgage applications for borrowers and lenders by helping banks move their application process online and help underwriters keep track of mortgages in process.
SpaceX successfully launched and landed a Falcon 9 rocket from Vandenberg Air Force Base on Thursday, making it the company’s 12th mission this year, The Verge reports. The vehicle successfully deployed Earth-observing satellite FORMOSAT-5 into orbit for Taiwan’s space agency and also successfully landed the Falcon 9 rocket on the company’s drone ship on the Pacific Ocean 10 minutes after takeoff.
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