Hyperbeat, a protocol powering yield infrastructure on the Hyperliquid decentralized exchange, has closed a $5.2 million oversubscribed seed round co-led by ether.fi Ventures and Electric Capital. The raise will be used to build out their yield infrastructure for traders, protocols, and institutions that are tapped into the Hyperliquid ecosystem. The round also drew investments from … Read more
Japan’s Sony Group will establish a new company for electric vehicles this spring, its chairman said, becoming the latest tech company to beef up its ambitions in the fast-growing market. Sony’s chairman and president, Kenichiro Yoshida, made the comment at the CES technology conference in the United States that was streamed online. He said that … Read more
Sony Group will likely add new technology partners to its electric vehicle (EV) project to help it forge a mobility business to transform cars from transportation machines to entertainment spaces, a Sony executive told Reuters. An ongoing shift to electric cars, which are easier to build than those with internal combustion engines, is allowing new … Read more
Two big names in Japanese electronics and autos are joining forces to produce an electric vehicle together. Sony and Honda agreed to set up a joint venture this year to start selling an electric vehicle by 2025, both sides said Friday. The plan is to bring together Honda’s expertise in mobility development, technology and sales … Read more