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TechCrunch Industry News

Former Lakers star launches VC firm, Lucid Motors completes Gravity SUV, Amp Robotics raises $91M, and Fly Ventures sets its eyes on technical founders

Dec 9, 2024
07:10

Former NBA Lakers star Metta Sandiford-Artest (formerly known as Metta World Peace), has teamed up with Stephen Stokols, the former CEO of Boost Mobile, to launch Tru Skye Ventures, a firm looking to invest in sports and health tech, according to Sportico. Also, The first Lucid Motors Gravity SUV has rolled off the company’s production line in Casa Grande, Arizona, according to a post on X. The company will now set its aim on ramping up production of the new electric vehicle and making the first deliveries. Recently, Amp Robotics changed its business model to focus on running entire facilities that sort recyclables. Fly Ventures, the Berlin-based VC that invests in seed-stage European startups within enterprise and deep tech, has launched its third fund at €80 million. The firm raised its last €53 million fund in 2020. Aiming at technical founders, the firm claims Fund III was oversubscribed and raised in a single closing.

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