Friday, September 19, 2025

Startup News

Wall Street Journal, September 12,

These are the most popular stories from the Wall Street Journal. These stories have not been verified and we cannot vouch their accuracy. Microsoft and OpenAI reached a tentative…

Robinhood joins S&P 500, a watershed moment in the US fintech industry

Robinhood Markets has replaced casino operator Caesars Entertainment on the S&P 500 benchmark. This is a significant moment for the Financial Technology sector, as the retail…

Pulse Clean Energy, a startup company in the UK, receives 220 million pounds to build batteries across the UK

The British startup Pulse clean energy announced that it has secured 220 millions pounds ($292.3) in funding from six international bank to fund the development six new battery system sites throughout the UK.

Europe looks to Nordic Space Race to reduce US dependence

Two small spaceports located in the far north of Sweden, Norway and Finland are rushing to launch the very first satellites launched from Europe. The region is looking to reduce its dependence on U.S. companies.

Venture Global signs 20-year LNG contract with Petronas

Venture Global Inc, a U.S. LNG exporter, announced Thursday that Petronas had agreed to purchase 1 million metric tonnes of LNG from the CP2 Project. This is its first new CP2 client in two years.

NATO funds biotech startup to counter biological threats

The fund co-leads a $35 million fundraising campaign for Portal Biotech. This company uses protein sequences to detect engineered threats, and defend against biowarfare. Ana…

China doubles 2025 naphtha import quotas, sources say

Six trade sources reported that China issued a second set of import quotas for 2025, which nearly doubled the allocations last year, due to a rise in demand caused by disruptions of U.S.

LNG Canada produces first liquefied natural gas for export

A Shell-led LNG Canada facility in Kitimat has produced the first liquefied gas for export, confirmed a project spokesperson on Sunday. This milestone is in anticipation of…

INSIGHT-Oklahoma! How America hopes it can compete with China on critical minerals

A two-story warehouse nestled under Oklahoma's Wichita Mountains contains the only machine capable of refining Nickel, an important energy transition metal that is now dominated by China.

Canada Could Produce First LNG by This Weekend

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Canada could produce its first ever liquefied natural gas this weekend, from the LNG Canada export facility in Kitimat, British Columbia, two people familiar with the startup…

Sources say Canada could produce its first LNG this weekend

Two people who are familiar with the launch of the plant said on Wednesday that Canada could produce the first liquefied gas ever this weekend. This facility will be the only…

Rural Oklahoma aims to become a hub of critical minerals processing in the United States

A two-story warehouse nestled under Oklahoma's Wichita Mountains contains the only machine capable of refining Nickel, an important energy transition metal that is now dominated by China.

NAACP threatens El Musk's xAI with a lawsuit over Memphis air pollution

The National Association for the Advancement of Colored People sent a letter to Elon Musk’s xAI on Tuesday, indicating its intention to file a lawsuit against the company for…

Databricks competitor Chalk raises $50 million series A

Chalk, an artificial intelligence infrastructure startup, announced Wednesday that it raised $50 million in Series A funding. The company is now valued at $500 million. Felicis was the leader of this round.

Reports of Trump's executive orders to boost the nuclear industry have led to a surge in stocks

The shares of nuclear power companies soared in premarket trade after a report that U.S. president Donald Trump will sign executive orders to jumpstart this industry as soon as Friday.

Venture Global to Become Top US LNG Company if Louisiana Project Approved

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Venture Global is poised to become the largest U.S. liquefied natural gas company by next year if it proceeds with its CP2 project in Louisiana and continues overproduction at its existing plants…

Maintenance at Bintulu's complex in Malaysia leads to slowing of loadings and exports

A person familiar with the matter told Reuters on Thursday that two terminals at Petronas’ Bintulu LNG plant are being maintained. This is slowing down shipments out of Asia’s largest LNG exporting complex.

UNICA: Brazil sugar production up 1.25 percent in the first half of April

UNICA, a group representing the industry, announced on Wednesday that sugar production in Brazil’s center-south region reached 731,000 tons during the first six months of April.

Venture Global LNG starts commercial operations at Calcasieu Pass plant

Venture Global LNG announced on Tuesday that it has started commercial operations at the Calcasieu Pass facility in Louisiana. This comes more than three year after the company produced its first liquefied gas.

LNG Canada begins cooling down of the plant as a final step to producing LNG

Two people have confirmed that LNG Canada is cooling down its Kitimat liquefied gas plant, British Columbia. This is a last step before the company begins producing super-cooled gas.