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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.
The mayor of Los Angeles confirmed earlier reports that SpaceX will build its largest rocket, the BFR, at the Port of Los Angeles. The Los Angeles Harbor Commission must now approve the facility. SpaceX says the BFR is simply too big to be transported by roads. This announcement confirms those reports.
Archer Aviation, the electric aircraft startup that recently announced a deal to go public via a merger with a blank-check company, plans to launch a network of its urban air taxis in Los Angeles by 2024. United Airlines, which has a major hub in Los Angeles, was one of the investors in the deal.
It’s a sign of the distributed nature of renewable energy development and a transition from large-scale power generation projects feeding into utility grids at their edge to smaller, point solutions distributed at the actual points of consumption.
It seems Los Angeles is becoming an enterprise software hotspot. Now, he and Gudanis are trying to solve the issues of identity access management that the new, ubiquitous cloud computing model presents for security officers and developers. million from LA’s own venture fund, Upfront Ventures and a clutch of security experts.
In addition, the company has doubled in size and is working with hospitals in New York and Los Angeles. MEDU itself is now flush with $4 million in seed funding in a round led by MaC Venture Capital, with participation from Halcyon Fund and a group of angel investors, including Ryan Shea. by the end of the year.
In an attempt to boost diversity and inclusion efforts and civic engagement between the growing technology industry in Los Angeles and the community that surrounds it, over 80 venture capitalists and entrepreneurs joined the city’s mayor, Eric Garcetti, and the non-profit Annenberg Foundation to announce PledgeLA.
Air Force, Lockheed Martin, Maxar Technologies, SAIC and the Israel Aerospace Industries company, Techstars and Starburst Aerospace are launching an accelerator focused on the space industry in Los Angeles. billion over the last year.
The Los Angeles-based app development shop, V/One , is giving away 50,000 free mobile app builds through the rest of April as the company officially launches its platform for would-be, LA-based mobile app moguls. Since its soft launch, December 20th of last year, the app development company has built over 100 new applications.
San Andreas is Rockstar’s well-loved 2004 entry into the hit GTA franchise, which invites players to wreak havoc in an urban open world fashioned after cities like Los Angeles and Las Vegas.
Tesla has announced that it has extended the range of its Model S vehicle to 370 miles and Model X to 325 miles on a single charge — extending the range of its flagship car to make the trip from Los Angeles to San Francisco on a single charge. . Improvements to the suspension are also helping to increase performance.
The Alliance estimates that Southern California’s tech community could be one-third the size of Silicon Valley’s by supporting or further developing the six pillars it already has for innovation to occur.
On Tuesday, Haptik announced it has acqui-hired Convrg, a Los Angeles-based startup that develops chatbots, to serve customers in North America. Founded in 2017, Convrg has made a name for itself by developing several popular chatbots and voice products. You can’t expand in the U.S. sitting in India, or on a plane.”.
million in seed funding to begin building a manufacturing facility and expand its presence in Los Angeles as the city continues to grow as a hub for robotics and automation. . Gross and Barnehama met through a mutual friend in the robotics industry in Los Angeles, the chief executive of Embodied, Paolo Pirjanian, Barnehama wrote in an email.
Four years and hundreds of long lines later, the truck is still there, but the company is taking on what co-founder Nile Dreiling calls “a stale $40 billion donut industry ” by expanding its presence into brick-and-mortar locations in Los Angeles after raising $9 million in financing. The fun part?
A-Frame , a Los Angeles-based developer of personal care brands supported by celebrities, has raised $2 million in a new round of funding led by Initialized Capital. ” So far, the company has worked with CAA, UTA and WME on all of the brands in development, Bloom said. We create an entity that we spin out.
Based in Los Angeles, Bümo had already managed to lock in a $2.4 The company said the money went to boost the development of new curriculum and hire educational and operational staff. million seed round which the two founders began raising in November and closed in May. As the pandemic began to spread across the U.S.
Nuggetverse — Los Angeles-based Nuggetverse is creating a children’s media business based on its marquee character, Tubby Nugget. SketchAR — this Lithuanian company is developing an AI-based mobile app for teaching drawing using augmented reality. Wabisabi Design, Inc.
seems like an unlikely place to grow one of the next billion-dollar startups in the booming Los Angeles tech ecosystem. But it’s here in the (other) Valley’s southernmost edge that investors have found a startup they consider to be the next potential billion-dollar “unicorn” that will come out of Los Angeles.
“In the future, the rapid development of such technologies will allow us to make 3D-printed meat products more accessible and we are hoping that the technology created as a result of our cooperation with KFC will help accelerate the launch of cell-based meat products on the market.” ” Image: Beyond Meat. ”
Representatives from the government and the utility managing the power of Los Angeles are proposing a sweeping infrastructure package worth roughly $150 billion centered on the broad electrification of transportation and industry.
Making money on livestreams has never been easier thanks to a suite of tools from the Los Angeles-based startup Maestro , which just nabbed $15 million in financing to grow its business. “The third piece is a developer ecosystem,” Evans said. It’s kind of strange that this has taken so long to develop.
The flagship game from Los Angeles-based mobile game developer Jam City, Panda Pop, has reached over 9.3 million monthly active users and climbed above its 100 millionth download. The tentpole game for Myspace founder Chris DeWolfe's latest LA-based juggernaut of a company has certainly had its moment.
The flagship game from Los Angeles-based mobile game developer Jam City, Panda Pop, has reached over 9.3 million monthly active users and climbed above its 100 millionth download. The tentpole game for Myspace founder Chris DeWolfe’s latest LA-based juggernaut of a company has certainly had its moment. Read More.
In a move to shore up institutional support in what’s likely to be it’s last fundraising as a private company, the Los Angeles-based mobile gaming behemoth Scopely has raised $340 million in its latest eye-popping round of funding. “We were excited to crossover and invest in Scopely.”
The app, originally developed in Los Angeles, raised national security concerns after it was acquired by Beijing Kunlun in 2016 for $93 million. Chinese gaming giant Beijing Kunlun has agreed to sell popular gay dating app Grindr for about $608 million, ending a tumultuous four years under Chinese ownership.
Los Angeles was always more than a one-industry town, even when it comes to technology startups, as media and entertainment (and social networking) were always the big draws in Tinseltown. We’re thrilled to help lead the way for the broader tech community in Los Angeles.” Image Credit: Getty Images/franckreporter.
Terry often took matters in her own hands if issues arose with stations located in Los Angeles, where she is based. The newly minted founder joined the Los Angeles Cleantech Incubator , where she developed a curriculum to teach people how to repair EV chargers. “I thought, if I can figure this stuff out, then anyone can.”
AltaSea at the Port of Los Angeles, a nonprofit company focused on the ocean economy, announced Aug. 3 that it has signed a memorandum of understanding with Scripps Institution of Oceanography at the UC San Diego to share resources to support the development of ocean-related projects at both institutions
Pitching app developers with a new way to convert app browsers into actual customers, AppOnboard has raised $15 million in a new round of funding, the company said. Company co-founder Jonathan Zweig has already had one hit as a Los Angeles-based entrepreneur.
The Fabric, an early-stage investment company developing new infrastructure technologies, has raised $15 million for its third investment vehicle. the new financing came from Verizon Ventures (the investment arm of TechCrunch’s parent company’s parent company) and March Capital Partners a Los Angeles-based venture capital firm.
Divergent, the Los Angeles-based startup aiming to revolutionize vehicle manufacturing, has cut about one-third of its staff amid the COVID-19 pandemic that has upended startups and major corporations alike. Founder and CEO Kevin Czinger didn’t provide specific numbers. . The company’s No.
We''ve just posted Round 6, which includes several more developer community-provided framework test implementations: Beego, Dart, Hapi, Jester, Luminus, Nancy, Yaf, Plack, Play-Slick, and Undertow. Not only is Wrk an excellent tool; @wg is an awesome developer whose contributions we greatly appreciate! We are hiring.
Los Angeles-based AppOnboard says it has begun giving away its codeless app development software, AppOnboard Studio , to help developers create "instant apps" and playable ads, as well as prototypes. AppOnboard has been offering up to the tool to many mobile game developers, to help them offer up game previews.
Women have made great inroads into the tech world in recent years, but there remains a long way to go before we reach a truly equitable state of affairs in workforce numbers, remuneration and product development. Entity’s own story fits into both of those story lines. That number is expected to double to 500 next year, Schwab said.
Through the deal, PepsiCo has agreed to bankroll the first founder-in-residence program from the New York and Los Angeles-based firm, which poached former Techstars Los Angeles managing director Anna Barber to lead its new initiative.
The two spent months pounding the pavement in Los Angeles pretending to be college students doing research on the industry. Through those months of interviews the two developed the booking management and payment platform that would become Boulevard.
When it first launched nearly three years ago, Fifth Wall had a vision of leveraging capital limited partners from across the real estate development and construction business to back the technologies the industry needed most. These questions were motivated by three main concerns from commercial and residential property developers.
Los Angeles-based Acquicent , the startup which is developing a marketplace that allows users to invest in "museum-grade" collectibles such as art and vintage automobiles, is announcing this morning that it has added Kevin Conroy, CEO of ConroyMedia and former director of Sotheby's, as both an advisor and ivnestor. READ MORE>>.
Los Angeles-based electric vehicle (EV) charging network operator EVgo said this morning that it has acquired Recargo, a developer of e-mobility software. Recargo was founded in 2009, and operates PlugShare, an online community for EV drivers, and also developed PlugShare, a mobile payment platform for EV cahrging networks.
The goal is to shorten trips made excruciatingly long due to bad traffic in major cities like New York, Los Angeles and San Francisco. Uber too has lofty plans to develop a consumer aerial ridesharing business , as do several other privately-funded startups.
The Los Angeles-based operations and security management software service, Replicated has raised $25 million to ramp up its staffing and scale its sales and marketing efforts. As developers embrace Kubernetes, Replicated launches tools to manage its deployments. “Once we started building on that success.
New research has found that San Francisco and London have become two of the world’s leading hubs for VC investment into tech solutions that address one or more of the 17 UN’s Sustainable Development Goals (SDG), more commonly referred to as “Impact Tech” They are followed by Paris, Berlin, Stockholm, Shanghai and Beijing.
Mythical Games , an NFT games startup based out of Los Angeles, has banked a $75 million raise from new and existing investors betting on the startup’s aim to expand the ambitions of their first title and locate a substantial platform opportunity amid helping developers build blockchain-based gaming experiences.
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