Finnish Battery Startup Accused Of Massive Fraud
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In this video we discuss the Finnish battery startup Donut Lab. Donut Lab claims to have developed a solid state battery with world-beating performance specifications. But it has come under criticisms from a whistleblower who claims the battery is fake.
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#wallstreetmillennial
0:00 – 3:09 Intro
3:10 – 5:12 Verge Motors
5:13 – 9:08 Donut Lab
9:09 – 12:34 The Lady Doth Protest Too Much
12:35 Whistleblower Allegations
@wallstreetmillennial
June 29, 2026 at 11:36 am
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@TheLevitatingChin
June 29, 2026 at 11:36 am
You know it's a fraud when you're pitching from another companies lobby and trying to make it look like your own😂
@TTillahFK
June 29, 2026 at 11:36 am
Nice to have a European scam in this channel 🎉
@nazb1982
June 29, 2026 at 11:36 am
The first few videos were useful but now they are releasing pretty much junk videos so very worrying.
@AndrewBrown-fq6vp
June 29, 2026 at 11:36 am
I don't know why you need to ask what people think of Donut Lab, opinions have nothing to do with this, fraud and lies are fraud and lies plain and simple!!!
@stewartbladensb
June 29, 2026 at 11:36 am
I always preferred back 2 skool.
@miscme7116
June 29, 2026 at 11:36 am
The move to start selling cheap merch did not do good for them. Better ways to use the time, like focus on selling the product, developing it, making deals with customers.
@silentg35
June 29, 2026 at 11:36 am
How are you, a video essay youtube channel, going to shill for AI power point?
@castform57
June 29, 2026 at 11:36 am
It was pretty easy to recognize the scam once you started to think about the technology and look into the people running the scam. I definitely don't believe a some no name startup is somehow making something the biggest battery makers like CATL can't with their army of battery chemists and engineers.
Also I find this line pretty funny, "finnish news outlet YLE". I mean, yeah, they are a news outlet, but the name comes from yleisradio, which is public radio.
@alexeipistoun9783
June 29, 2026 at 11:36 am
Anyone else think his speech at minute 7 sounds like chat gpt?
@osraneslipy
June 29, 2026 at 11:36 am
Well while the claims about financial difficulties are theories, what can be confirmed with certainty is that Marco has no difficulties finding food.
@iu2
June 29, 2026 at 11:36 am
10:43 "reached the safety limit of 90 degrees Fahrenheit."
I highly doubt it's Fahrenheit. In fact, if it were 90 degrees Fahrenheit, the battery would not be usuable in real world applications.
@gdwnet
June 29, 2026 at 11:36 am
3:10 skip the ad
@justincarroll1836
June 29, 2026 at 11:36 am
I'll say this on the top of solid state batteries: a literal physicist has said repeatedly that you cannot squeeze much more out of battery technology than what we currently have available. Why? Because the energy density of a battery is the store of strippable electrons per unit volume/mass. We're already using the best atom there is for that job. The only real way to get more energy is to have a source of oxidation that you aren't carrying around with you. That's called combustion in the most common forms or a fuel cell in more battery adjacent terms. The mythical super battery will never exist because it's physically impossible to produce such a thing. Not in this universe.
@sliceofheaven3026
June 29, 2026 at 11:36 am
I think this guy was able to fool people at least to the tune of 25 million euros. I just have no idea why people invested in this guy if they had read any of the stuff he had done in the past. His past is kinda sketchy business wise. Btw just 8 months before he published this so called miracle battery he declared that one of his other enterprises had developed worlds first real AI.
@pyotrberia9741
June 29, 2026 at 11:36 am
Whether an unsubstantiated claim is made by Donut Lab, Elon Musk or anyone else, we should declare it as fake until it is independently verified. Frauds like these do not deserve to be given the benefit of the doubt.
@jamarforsythe7262
June 29, 2026 at 11:36 am
😧 I donut believe it!
@KoiGalaxy
June 29, 2026 at 11:36 am
What do I think of Donut Labs? I think after seeing the CEO it is aptly named.
@SteelSk1n
June 29, 2026 at 11:36 am
You guys are always on point, never miss. when id Donut IPOing so I can ride it down
@userbosco
June 29, 2026 at 11:36 am
What a joke. We're so desperate for the battery holy grail that we're willing to completely ignore science and facts.
@faceclutch5555
June 29, 2026 at 11:36 am
Red flag when your company's CEO consumes too much of the product that your company is named after.
@Seethelght
June 29, 2026 at 11:36 am
What are the Chinese useing
@iheartyourfeet
June 29, 2026 at 11:36 am
James Pumphry was right to leave Donut ✊🏼
@Triboulaid
June 29, 2026 at 11:36 am
Fake it til you make it.
@joeharry32817
June 29, 2026 at 11:36 am
Not solid state.. solid lie
@VanMardigain
June 29, 2026 at 11:36 am
suomi finland mentioned! Torilla tavataan ! see you in marketplace..
And yeah this is very unfinnish of this battery guy, ruins the reputation we have.
@I_like_YT_lots
June 29, 2026 at 11:36 am
I trust this guy's idol is Elon Musk?
@EnricoPallazzo-mg6jk
June 29, 2026 at 11:36 am
"This is why Sweden, Chris – never Finland"
– Peter Griffin
@nicgrobler1519
June 29, 2026 at 11:36 am
As someone else has already said, if this was legit, they would simply demo the tech to one of the main manufacturers, like Panasonic, who would write them a check for infinity dollars. No marketing campaign, and no YouTube needed.
The fact that they are doing all of this media stuff instantly tells you that it’s a scam.
@PaulJurczak
June 29, 2026 at 11:36 am
Donut Labs – Theranos of battery business.
@PaulJurczak
June 29, 2026 at 11:36 am
@10:42 90°F thermal limit? That sounds very low. Did you mean 90°C?
@sparty94
June 29, 2026 at 11:36 am
this is theft pure and simple. the corporate officers should face criminal charges and be forced to make restitution to their investors. this is what should happen, but i won't hold my breath.
@96570
June 29, 2026 at 11:36 am
No way! 🫨