View, a Silicon Valley maker of electrochromatic smart glass for buildings, has raised $200 million in new VC funding at a source tells Axios is a post-money valuation north of $1 billion. BlackRock ($70m) and TIAA Investments ($50m) were joined by unspecified existing shareholders in the company, which previously raised over $500 million from firms like Khosla Ventures, Westley Group, Corning, Madrone Capital Partners and DBL Investors.

Why it matters: View so far is a survivor of the corporate genocide that hit so many other cleantech startups founded in the aughts with big backing from venture capitalists. It was launched in 2006 as Soladigm, and was one of several cleantech companies of that vintage to open a manufacturing facility in Mississippi (thanks to state government incentives). Today it reports 25% y-o-y growth with 20 million square feet of installed windows in 350 buildings (including stadiums and hospitals). It also has signed several large new deals, such as for a redeveloped Terminal 1 at San Francisco International Airport.

What it does: The company's product is designed to save on lighting costs, and also can tint (via smartphone app) so that office-workers can reduce glare without having to lose natural light.

Bottom line: "Electrochromic windows can cost twice as much as a standard double-paned window. But the energy savings from keeping buildings cool by tinting the windows can be pretty substantial. Tinting can cut 20% of a building's heating and cooling costs and 20% of lighting costs. But most of View's customers are not buying solely for sustainability or cost-cutting. Many of them buy the windows because they're a cool tech product." — Katie Ferenbacher

Go deeper

13 hours ago - Health

15 states broke single-day coronavirus records this week

Data: Compiled from state health departments by Axios; Map: Danielle Alberti/Axios

At least 15 states broke their single-day novel coronavirus infection records this week, according to state health department data reviewed by Axios.

The big picture: The number of coronavirus cases increased in the vast majority of states over the last week, and decreased in only two states plus the District of Columbia, Axios' Andrew Withershoop and Caitlin Owens report.

Updated 14 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 3 p.m. ET: 11,143,945 — Total deaths: 527,681 — Total recoveries — 6,004,593Map.
  2. U.S.: Total confirmed cases as of 3 p.m. ET: 2,818,588 — Total deaths: 129,584 — Total recoveries: 883,561 — Total tested: 34,213,497Map.
  3. States: Photos of America's pandemic July 4 ICU beds in Arizona's hot spot reach near capacity.
  4. Public health: U.S. coronavirus infections hit record highs for 3 straight days.
  5. Politics: Trump extends PPP application deadlineKimberly Guilfoyle tests positive.
  6. World: Mexican leaders call for tighter border control as infections rise in U.S.
  7. Sports: 31 MLB players test positive as workouts resume.
  8. 1 📽 thing: Drive-in movie theaters are making a comeback.
14 hours ago - Health

In photos: America celebrates July 4 during global pandemic

Photo: Francine Orr/Los Angeles Times/Getty Images

The U.S. has already celebrated Easter, graduations and so much more during the coronavirus pandemic, and now it can add July 4 to the list.

The state of play: Axios' Stef Kight writes public parades and fireworks displays around much of the country are being canceled to prevent mass gatherings where the virus could spread. Hot-dog contests and concerts will play to empty stands and virtual audiences — all while American pride treads an all-time low.