Tag: Advanced Manufacturing Fund
Apple invests $50M into music distributor UnitedMasters alongside A16z and Alphabet
Independent music distribution platform and tool factory UnitedMasters has raised a $50M series B round led by Apple. A16z and Alphabet are participating again in this raise. United Masters is also entering a strategic partnership with Apple alongside this investment. If you’re unfamiliar with UnitedMasters, it’s a distribution company launched…
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Apple gives $10 million from its manufacturing fund to a COVID-19 testing firm
Apple has awarded $10 million to Copan Diagnostics, a company that manufactures COVID-19 sample collection kits. The funds will help Copan scale up its coronavirus sample kit production capability from several thousand to over a million kits a week b… Source
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Apple awards $10 million to rapidly scale COVID-19 sample collection kit production
Apple has awarded $10 million from its Advanced Manufacturing Fund to COPAN Diagnostics, a company focused on producing sample collection kits for testing COVID-19 to hospitals in the U.S. The money comes from the fund that Apple established to support the development and growth of U.S.-based manufacturing, but is particularly…
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