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Tag: Nortis Inc.

Woodinville Washington based Nortis Inc. is raising $9,500,000.00 in New Equity Investment.

Woodinville, WA – According to filings with the U.S. Securities and Exchange Commission, Nortis Inc. is raising $9,500,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Thomas Neumann played a…

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Toyota will prepare for assembly of an all-new, three row battery electric SUV in the U.S. as part of a new $1.4 billion investment in its Princeton facility, affirming Toyota’s commitment to reinvesting profits in its U.S. operations and bringing total investment in Toyota Indiana to $8 billion. This also brings the addition of up to 340 new, high-quality jobs with long-term stability. This investment will not only provide plant infrastructure to build the all-new BEV, it will add a new battery pack assembly line using lithium-ion batteries supplied by Toyota Battery Manufacturing North Carolina, a $13.9 billion facility slated to begin production in 2025.

“Our team members are the heart of Toyota,” said Tim Hollander, president of Toyota Indiana. “We take great pride in producing quality products while providing long-term, stable employment no matter the changes in our industry. Our team is committed to delivering this new product with the same quality and performance that Toyota customers expect.” Toyota’s Indiana facility is home to more than 7,500 team members who assemble the Toyota Sienna, Highlander, Grand Highlander and the Lexus TX. Since 2021, Toyota has announced new investments totaling $18.6 billion into its U.S. manufacturing operations to support electrification efforts. Increasing BEV production in the U.S. advances Toyota’s portfolio approach to electrification. Toyota directly employs more than 63,000 people in North America who have contributed to the design, engineering, and assembly of nearly 47 million cars and trucks at our 13 manufacturing plants. By 2025, Toyota’s 14th plant in North Carolina will begin to manufacture automotive batteries for electrified vehicles. With more electrified vehicles on the road than any other automaker, Toyota currently offers 27 electrified options.

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Polymarket, the world’s largest prediction market, announced today that it has raised $70 Million of new capital across two unannounced rounds: a $45 Million Series-B led by Founders Fund and existing investors 1confirmation and ParaFi, with participation from Ethereum founder Vitalik Buterin, Dragonfly and Eventbrite’s co-founder Kevin Hartz, as well as a $25 Million Series-A led by General Catalyst, with participation from Airbnb’s Joe Gebbia, Polychain and other leading investors.

On Polymarket, traders predict the outcome of future events and earn when they are right. Traders react to breaking news in real time and market prices convey the likelihood of important events. Market forecasts span politics, current events, pop culture and more. Trading is unavailable in the United States and other restricted jurisdictions, while market forecasts are available freely worldwide. “I started Polymarket because I believe that market-based forecasts will inevitably become an integral part of how we follow news and find truth on the internet,” Polymarket’s founder Shayne Coplan said. “It has been humbling to see that vision begin to materialize at scale – with so many people relying on Polymarket when following important current events.” Polymarket is the world’s largest prediction market. On Polymarket, traders predict the outcome of future events and win when they are right. Traders react to breaking news in real time and market prices convey the likelihood of important events. Institutions, individuals and the media rely on these forecasts to report the news and better understand the future. Across politics, current events, pop culture and more, a record $202m worth of predictions have been made so far on Polymarket in 2024.

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