“Remember Devin? It works now.”
After the internet said it wouldn’t, Cognition put that on a billboard.
The @cognition story with @ScottWu46 and @aaref.
Three Swedish engineers with no legal experience started eating lunch every day with lawyers who didn’t know much about AI.
@WeAreLegora went from that lunch table to $200M ARR.
A conversation with @MaxJunestrand and @merritthummer.
Today, China dominates rare-earth mining and processing.
But that wasn’t always the case.
Solcoa’s @hoomanrenezhad explains how the West lost its rare-earth mojo:
"So contrary to popular belief, we do mine in the West. We have an enormous rare earth mine in Australia. There’s one in California."
“The actual raw feedstock is not rare."
“The bottleneck is what you do after it. It’s the processing. That is something that we’re completely unable to do in the West."
“We actually invented these processes in America."
"The technologies used to make rare earths in China today are American technologies from the Manhattan Project.”
“We built this technology and these systems, and then we shipped it to China. China dominated. They matured it. They took over.”
Now his company is trying to bring that capability back to the U.S. with a process built for today’s economics.
“If we were just copying that same technology stack again, it was impossible. The economics don’t close.”
Rare earths are foundational to many of the world’s most important technologies. Producing them end-to-end in the U.S. was considered impossible by some, until @hoomanrenezhad and Artem Iurkovskyi did it in a year with @solcoatech.
@alysaaco discusses their journey.
Today we're announcing $75M to build Solcoa One, our 500-tonne rare earth metallization plant in Nevada.
At Solcoa, we believe rare earths are the foundation of America's next great industrial era. An era we intend to win on the merits, with superior American technology.
I'm honored to share that @BainCapVC is leading @solcoatech's $75M seed financing.
One year ago they were proving chemistry on a demo line, they've since scaled to a full production facility in Alameda, and today announce Solcoa One, their 500-tonne rare earth metallization plant in Nevada.
I'm grateful for @hoomanrenezhad and Artem's leadership at this critical time. They bring the ability to fundamentally rethink a process while moving faster than many thought possible.
We @BainCapVC are leading the $25M seed financing in @corridorbrokers
SMBs have been sold the leftovers of the health insurance market for decades. Corridor gets them the best.
May the human remain the best interface. Honored to on board.
Bain Capital reaches every corner of the economy, from Proterial to athenahealth and Canada Goose. As tech’s old boundaries disappear, its intersection with the real world has always been our domain.
Thrilled to announce BCV’s new $1.6B fund to back the founders using technology to transform the world’s most important industries.
In 1987, when Bain Capital was ≈3 years old, the early partners came up with the briefest possible mantra for running the firm: make money, have fun, live with integrity.
Excited that BCV has another $1.6B to do that. @kevinzhang , @ChristinaPhili5 , and I wrote a bit about those principles and the role that capital should play in a technological revolution:
https://t.co/mkWfBV5rcN