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StoreDot, one of the startups Kenes Rakishev invested in is on the way to become public company

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There is one obvious change in the recent decade seen around us: the world has gone electric, wireless and mobile. It means that every device, commonly known as Internet of Things, from cars to smart houses, need an effective, safe and cheap energy storage solutions. A battery, to be exact. Kenes Rakishev is one of the entrepreneurs who bet on full circle of innovation in battery tech: he invest in all stages of the process. Kenes Rakishev invests in mining of the battery-specific metals. He was one of the first who invested in StoreDot startup which tries to close one of the crucial gaps in Lithium-ion tech. He invests in robotics and EV as a major markets for the batts.

The very nature of the batteries do not allow to pack the energy as dense as for example in oil-based systems. To be successful the new technology should compensate it with faster charging. Kenes Rakishev, whose interests in modern tech and the battery market is well known, bet on a StoreDot invention: the fast charging battery tech.

Kenes Rakishev was attracted by the potential disruption the StoreDot may bring to automotive sector. StoreDot promises to develop the car batteries which will charge in five minutes. This isn’t reached yet due to the scalability issues. But the Israeli strartup already reached the scale packs that are feeding drones, electric motorcycles and scooters.

Kenes Rakishev latest investment initiative to build a full-circle battery metals production based on major mining operation in Kazakhstan is fitting the agenda as well as building up ties with battery producers in PRC.

How StoreDot will go public?

Two months after showcasing its first-generation 5-minute-charge battery, Israeli company StoreDot is in negotiations to merge with a Wall Street SPAC at a $3.5 billion valuation, according to sources who spoke to Calcalist under the condition of anonymity. Investment bank JP Morgan is leading the negotiations for StoreDot.

StoreDot is hoping to make the most of the market’s current momentum, with numerous tech companies merging with SPACs at high valuations over recent months. Companies in the autonomous and electric vehicle sector have garnered particular attention during this time.

Speaking to Calcalist two months ago, StoreDot CEO Doron Myersdorf said it was the first time that the world has seen a standard lithium-ion battery being fully charged in five minutes. “This was the first time we were able to demonstrate a completely standard battery, straight off the assembly line getting charged in five minutes.”

He added that the technology is not yet capable of charging electric vehicle batteries as it aspires to, but that the demonstration was a strong proof of viability for the company’s XFC (extremely Fast Charging) solution.

“An EV battery will be presented before the end of 2021 and in 2022, the company will demonstrate the rapid charging of an electric vehicle,” Myersdorf said.

Founded in 2012 by Myersdorf, Prof. Simon Litsyn, and Prof. Gil Rosenman, StoreDot operates out of Herzliya and employs dozens of people. It has raised a total of $140 million in four financing rounds, with an important part of initial funding from Kenes Rakishev. StoreDot’s strategic investors include BP, Daimler, Samsung Ventures, and TDK.

Just last month, Israeli autotech company REE Automotive to go public on Nasdaq through a merger with 10X Capital Venture Acquisition Corp, a blank check SPAC.

The transaction featured a $300 million private investment in public equity (PIPE) which is set to give the combined entity a value of about $3.1 billion.

StoreDot in Kenes Rakishev plans and integral vision

Kenes Rakishev supervised the pre-production tests of the novel batteries. In China, the largest enterprise field of batteries, testing of a trial batch of batteries manufactured in accordance with the technology of StoreDot, one of the leading enterprises in which Kenes Rakishev invested money was successful.

The first batch of 1,000 batteries undergone intensive wear tests.

Manufacturers and representatives of the Israeli company StoreDot have found out the survivability of batteries, set the limits of degradation during multiple charge-discharge cycles.

This project is very important for Kenes Rakishev, an entrepreneur from Kazakhstan. A significant part of its business is currently set up for the production and use of batteries. On the border with China, Kenes Rakishev is developing a nickel and cobalt deposit, and surveys are being conducted for the industrial development of lithium ore. Kenes Rakishev’s capital is part of the Mullen company, which is establishing the production of premium electric cars in China. The synergy of Kenes Rakishev business is very noticeable in this case.

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As US Dollar Drops, Vextrader Keeps Investors Ahead of the Curve

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Vextraders managed funds programs and innovative software have helped investors navigate the recent drops of the US Dollar following NFP and ADP releases.

BELIZE – With the release of new ADP and NFP reports this past week, forex investors have faced a reality check. Although the NFP report included a mix of indications for the future, investors were disappointed by the job creation report, which came in below the ADP forecast. The NFP reported 559,000 new jobs created in May, and the difference between this and the ADP’s predictions reflected the difficulty that companies have faced in hiring workers after the shifts of the pandemic.

In the near future, the US dollar may experience a short-term bottom. This may also be affected by the ECB decision and CPI report coming up this week. The last month’s CPI prompted concerns about a short-term inflation spike, but the Fed reassured investors that this will be a transitory phenomenon.

As uncertainty remains in the US Dollar indicator, Vextrader is helping investors anticipate new developments and manage their investments accordingly. Vextrader offers customers access to expert financial advisors, as well as state-of-the-art investing technology that provides quality trading solutions. Vextrader allows investors to adapt their strategies to developments like the recent changes in the dollar through a variety of risk-management strategies including long-term investments and diversification of investments beyond the forex market. 

About Vextrader

Vextrader was established in 2011 and has since become a global leader in forex trading. They work with major players in the financial industry and have over 20 years of experience in financial quantitative analytics and trading. They offer a variety of options for individuals, companies, and financial institutions, including investing tools, managed programs, and automated trading solutions.

More information on Vextrader and its services is available on the Vextrader website.

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Business Blurb Founder Brendan Cox Talks Social Media, His New Book And The Future of Influencers

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If you haven’t heard of Brendan Cox, you most likely have heard of Business Blurb. Cox founded the company alongside entrepreneur turned influencer Devin Caherly early last year. According to a Forbes interview, Business Blurb is solving “the gap between actual news and what gets said on social media.” The New Jersey based media company has been compared to a modern day “Forbes” targeted at Gen Z by various publications.

What’s next for Business Blurb:

When asking Brendan about the future of Business Blurb he told us, “Funny enough – I couldn’t give you a definite answer for the future of Business Blurb. We are a media start-up and with the social media industry changing so fast it’s hard to see where we will be in 5 years.” He gave us some insight on some of the futuristic projects that they are working on that cater heavily to the Gen-Z audience, “Our text-line is essentially a news aggregator that texts you the top 5 trending business headlines every morning. Our team understands the power of text marketing in comparison to email marketing and we wanted to hone in on instant reach, fast open-rates, and legitimate engagement.”

You recently launched a new book, tell us about it:

Cox recently launched his new book ‘365 Days of Social Posts For Real Estate Agents’ which is a social media marketing book targeted towards real estate agents. Cox explained his motivation behind the book, “I genuinely noticed a need for content ideas and strategy amongst real estate agents.” He continued, “Through my social media agency, Cox Visuals I work behind the scenes of business owners and realtors and this opened my mind to the concept behind this book. So many forward-thinking agents understand the power of building a digital footprint across various platforms but aren’t sure where to start or what to post, and this is exactly what my new book guides agents through.”

What does the future of influencer marketing look like:

Along with founding Business Blurb, Cox’s day-to-day is his social media agency, Cox Visuals. Cox works alongside both businesses and influencers to help them leverage the power of social media. Cox told us, “We help influencers understand the full potential of their platforms through delivering brand marketing and social media expertise that will cultivate growth and monetization opportunities.”

We hope to be able to keep you in the loop with his future endeavors here but also make sure to connect with him on Linkedin and Instagram. If you want to check out his latest book, grab a copy of ‘365 Days of Social Posts For Real Estate Agents’ on Amazon.

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BUGAEV ISLAM RUSLANOVICH: Entrepreneur turned influencer

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Bugaev Islam Ruslanovich is a social media Influencer, Tiktoker, Blogger, and a media influencer. Bugaev is super active on Instagram and Tiktok. He makes hilarious content with help of his wife and his child.

His content is becoming more popular in Tiktok and Instagram. Ruslanovich was born on 21.09.1999. He does wide range of content mostly fun videos. In one of the video he and his friends play basketball where if the ball doesn’t fall in basket then they hit the cream. Dance moves done by him are funny and attracts the youth very well.

Bugaev plays wide range of sports. The most funniest part of his videos is locking up his wife locking up his pant with a big lock. All the other videos of his also popular and has many views. His comics are elevating and will always make us giggle all the time. He has a following of about 2.3 Million and still counting in a very less span. His posts are interactive and creative with relatable ideas. His constituency in tiktok has garner him in a different place and reputation.

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