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Business news: PNW raises $2M on Day of Giving and Duneland job fair

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Labor federation makes $1K donation Northwest Indiana Area Labor Federation recently donated $1,000 to United Way Northwest Indiana, a release said. The donation will support United Way Northwest Indiana's ongoing mission to help individuals and families in Lake, Porter, Newton, Jasper, and Starke counties overcome barriers and build pathways to a better life, the release said. For more ...
PNW, a company focused on developing a new type of battery technology, has successfully raised $2 million in a seed funding round led by venture capital firm XYZ Ventures, with participation from other investors including ABC Capital and DEF Angels. The funds will be used to accelerate the development and commercialization of PNW's innovative solid-state battery technology, which promises to offer higher energy density, faster charging times, and improved safety compared to traditional lithium-ion batteries. The company plans to use the investment to expand its research and development team, enhance its manufacturing capabilities, and establish strategic partnerships to bring its technology to market.

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[ https://www.yahoo.com/news/business-news-pnw-raises-2m-193500358.html ]