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Faraday Future Unveils Formula-E Racer

socalTECH

Los Angeles-based Faraday Future , the stealthy electric car company, has unveiled its entry into Formula-E , the electric auto racing circuit. Faraday Future has unveiled plans to develop electric cars in Los Angeles, where it has its headquarters in Gardena, but has been extremely stealthy about those yet-to-be-announced vehicles and plans.

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Cover Technologies Finds $1.6M For Algorithm Designed Buildings

socalTECH

Gardena, California-based Cover , which develops technology which uses algorithms and software to build custom, prefab buildings, including backyard studios, has raised $1.6M The funding was led by General Catalyst and Khosla Ventures, and also included Fifty Years, Hyperspeed Ventures, and angels. in a seed funding round.

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