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Tag: Don Runkle

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Posted on September 3, 2020September 3, 2020

VW-backed battery maker QuantumScape to go public at $3.3 billion valuation

(Reuters) – QuantumScape, the 10-year-old Silicon Valley battery startup backed by Volkswagen AG (VOWG_p.DE), said on Thursday it plans to go public through a reverse merger with Kensington Capital Acquisition Corp KCAC.N with an enterprise value of $3.3 billion.

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