Re:Build, the firm behind Slate Auto, raises $2.1 billion

Re:Build, the Massachusetts manufacturing accelerator that spun out EV startup Slate Auto in 2023, has raised $2.1 billion to expand its capacity to make hard tech products and launch new industrial startups. The round was led by General Catalyst and JPMorganChase's Strategic Investment Group. Co-founder Jeff Wilke called America's deindustrialisation an economic failure and a national security risk.