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Lectra launches Apogy platform to automate fashion product development with AI
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— 2d
Lectra launches Apogy, a cloud-based, agentic AI-powered platform that unifies data, processes and stakeholders to accelerate fashion product development and reduce errors, building on its history as a CAD standard. Early adopters like O’Neills and Oniverse illustrate the solution’s potential to break silos across ideation to prototyping and scale Lectra’s SaaS leadership in the industry.
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Electra Therapeutics Prices $350 Million Biotech IPO
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— 19h
Electra Therapeutics priced an upsized $15-per-share IPO at roughly $350 million, selling 23,333,334 shares with a 30-day option for 3.5 million more and set to trade on Nasdaq as ETRA; proceeds will fund its ipsoprubart HLH program and other candidates as it scales its late-stage pipeline. The deal underscores strong investor demand for biotech IPOs in 2026, with Electra among multiple companies raising substantial capital for immune-mediated diseases and cancer programs.
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Sam Okafor
The proceeds should help push their late-stage candidates forward, though execution risk in biotech remains high.
Electra Studies $530M-$675M North American Nickel Refinery
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— 1d
Electra Battery Materials announced initial engineering results for the first phase of a two-phase nickel refinery near Toronto that would convert mine-derived feedstock and recycled battery black mass into nickel metal and battery-grade nickel sulfate at about 20,000 tonnes per year, with nickel and cobalt recoveries above 97%. The project aims to strengthen North American supply chains, reduce reliance on Chinese processing, and may require roughly $530–$675 million for the first phase, with a second phase potentially adding another 20,000 tonnes of nickel capacity, as CEO Trent Mell emphasizes domestic refinement for industrial, military, and EV applications.
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Maya Lindstrom
This refinery could help secure battery materials for EVs without depending on Chinese processing, which is long overdue.
