Exclusive: Finnish startup raises €25M to put a ‘Donut’ motor in EV wheels

Finnish startup Donut Lab has secured €25mn in seed funding to scale up its in-wheel hub motors for electric land, sea, and air vehicles.  Alongside the investment, Donut Lab is opening an R&D hub in Chippenham, UK. Risto Siilasmaa, serial tech investor and former Nokia chairman, has also joined the company’s board. Marko Lehtimaki, Donut Lab’s CEO and co-founder, said the investment signals a continued demand for the company’s technology. “It demonstrates to us [founders] what we have always believed, that our tech solution is truly groundbreaking,” he said.   Donut’s flagship innovation is a hollow hub motor dubbed, you guessed…This story continues at The Next Web

U.S. SEC Delays Fidelity’s Solana ETF: But There is a Catch

The post U.S. SEC Delays Fidelity’s Solana ETF: But There is a Catch appeared first on Coinpedia Fintech NewsThe United States Securities and Exchange Commission (SEC) has delayed making a definitive decision on the Fidelity Solana Fund. The SEC announced a 21-day period for the public to submit their comments on whether the Fidelity Solana Fund should be approved or disapproved.  Additionally, the agency instituted 35 days for the members of the public …

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