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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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SpaceX to build its massive BFR in Los Angeles

TechCrunch LA

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.

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Archer Aviation aims to launch network of urban air taxis in Los Angeles by 2024

TechCrunch LA

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.

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Residential renewable energy developer Swell is raising $450 million for distributed power projects in three states

TechCrunch LA

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.

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Pitching access management on the fly, Los Angeles-based Britive raises $5.4 million

TechCrunch LA

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.

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MEDU takes in $4M to develop reusable personal protective equipment

TechCrunch LA

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.

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Los Angeles investors and entrepreneurs launch PledgeLA, a diversity and inclusion program

TechCrunch LA

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.