QuantumScape’s other prominent backers include venture capital firms Khosla Ventures and Kleiner Perkins, Microsoft Inc. cofounder Bill Gates, hedge fund billionaire George Soros’s Quantum Partners and investor Jeremy Grantham. JB Straubel, a former chief technology officer at Tesla, is on the board. Such endorsements, and the years of R&D that have gone into the batteries, suggest there’s more here than just hype. The contrast with Nikola, whose own technology (or lack of it) was the subject of a scathing short-seller report, seems clear.  

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