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Los Angeles-based Luxury Presence raised $5.4 million for its real estate marketing services

TechCrunch LA

Real estate is a big business in the sprawling city of Los Angeles, and new technology tools to target the industry continue to attract investor attention. The latest of these is Luxury Presence , which pitches digital marketing services to real estate agents and has raked in $5.4

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Glossier just laid off one-third of its corporate employees, mostly in tech

TechCrunch LA

The company built its own point-of-sale system and commerce APIs in-house, allowing them to deliver a “seamless” customer experience, former Glossier CTO Bryan Mahoney said in 2018. E-commerce sales typically account for 80% of Glossier’s revenue, the Business of Fashion reported last July. .

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China’s gaming giant NetEase opens first US studio in Austin

TechCrunch LA

TiMi, Tencent’s cash cow studio known for the mobile blockbuster Honor of Kings, began hiring in Los Angeles back in 2020. The Chinese gaming giants are venturing abroad at a time their home market comes under increasing regulatory scrutiny. Last year, it added a base in Montreal.

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Hyundai taps EV startup Canoo to develop electric vehicles

TechCrunch LA

Hyundai Motor Group said it will jointly develop an electric vehicle platform with Los Angeles-based startup Canoo, the latest startup tapped by the automaker as part of an $87 billion push to invest in electrification and other future technologies. Canoo said it will provide engineering services to develop the electric platform.

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Locale puts $2M to work helping people discover local cuisine

TechCrunch LA

In addition to San Francisco, the company is now operating in Los Angeles. High school friends Jonathan Friedland and Chris Clark started Locale in 2020 and bootstrapped its way to hundreds of customers, and since being a part of Y Combinator’s three-month program, grew revenue by 100% year over year, Friedland said. “We

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Energica CEO plots her Italian EV company’s reboot from lockdown

TechCrunch LA

general manager ( Stefano Benatti ) — filled more orders in the first two months of 2020 than all its sales for 2019, according to Cevolini. The company reduced the weight of its 2020 production line by 5% and increased range by 60% based on adaptions it brought over from MotoE. Image Credits: TechCrunch. In the U.S.,

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Nothing negative about Positive Food’s meal expansion plan after $7M investment

TechCrunch LA

providing freshly packaged salads, heat-and-eat prepared meals and vegan overnight oats, raised $7 million in funding as it goes after the $34 billion fresh prepared foods market. At the time, Positive Food had its meals in 70 coffee shops around Los Angeles. Positive Food Co., Then the COVID pandemic hit.

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