The historical price correlation between nickel and stainless steel has changed since nickel began outperforming stainless steel during the fourth quarter, with nickel appearing more correlated with cobalt as part of the lithium-ion battery market. "The projected growth in [electric-vehicle] battery demand has electrified the nickel price," Andy Home writes.
Full Harvest, a marketplace that helps farmers find commercial buyers for less-than-perfect and surplus produce, raised $8.5 million in a recent funding round. With the money, it intends to increase the size of its operations, sales and technology teams by 200%.
Arcadia Power, a startup that offers products and services intended to make renewable energy more widely available to residential customers, raised $25 million in its latest funding round. With the additional capital, it will broaden its offerings and step up its marketing.
Legislation that would upgrade an office of the Department of Homeland Security to a full agency easily passed in the House in December but has gone nowhere in the Senate. The office is responsible for protecting the nation's infrastructure and the federal government's networks from cyberattacks.
Coinbase has acquired identity verification startup Distributed Systems to help build a platform that may end up being called Login with Coinbase. In addition to buying Distributed's technology, Coinbase is hiring its team.
Entrepreneurs dealing with venture capitalists from Asia will notice differences in approach compared with American VCs, but working toward mutually acceptable investment terms is worth the effort, according to lawyer Daniel Zimmermann. "Shunning Asian capital may ultimately cost you down the line," he writes.