Re:Build, which spun out Slate Auto, raises $2.1B

Re:Build, a Massachusetts-based manufacturing accelerator that spun out EV startup Slate Auto in 2023, has raised $2.1 billion in funding led by General Catalyst and JPMorgan Chase's Strategic Investment Group to expand its capacity to manufacture hard tech products and launch new industrial startups, aiming to restore America's industrial might and compete with China.