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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. Hyundai Motor Group has committed to invest $87 billion over the next five years.

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Reflections on 2019: Anthony Citrano, Acquicient

socalTECH

While we were incorporated last year, the company actually came to life this year, with the formation of our team, our initial funding, and the development of our investing portal all happening in the last seven months. Companies are making it easier than ever for individuals to bank, save, and invest for their future.

Invest 189
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Reflections on 2019: Kelly Perdew, Moonshots Capital

socalTECH

We have invested in 13 companies out of our Fund 1 so far and are more bullish than ever on the amazing entrepreneurs we are meeting and the companies we are helping them build. For my partner, Craig Cummings, and I - 2019 was our first full year as Venture Capitalists! We'll be featuring contributions all through the holiday season.

Capital 100
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Ways2H Gets Investment For Renewable Hydrogen Production

socalTECH

Long Beach-based Way2H , a startup developing technology to convert waste into clean hydrogen fuel, has scored a strategic investment from Pacific6 Enterprises, the company announced this morning. Size of that investment were not announced. Pacific6 Enterprises is led by John C.

Invest 100
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Investing in AI

SoCal Tech Calendar

Thursday, January 17, 2019 -- CES 2019 at UCLA Anderson. The themes for CES 2019 will include autonomous vehicles, smart cities, the work place of the future, and other disruptive offerings developed in research labs on the UCLA campus, in startups, as well as in large global organizations. See [link] (more)

Invest 100
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Starship Technologies picks up €50M from the EU’s investment arm to expand its fleet of autonomous delivery robots

TechCrunch LA

The startup has received €50 million (just under $57 million at today’s rates) from the European Investment Bank, the funding arm of the European Union. It is not disclosing its valuation with this investment, but Alastair Westgarth said that this doesn’t rule out raising further funding from investors.

Invest 233
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Reflections On 2019: Andy Wilson, Alliance for SoCal Innovation

socalTECH

While 2018 was all about better understanding the SoCal opportunity, 2019 was about honing our focus and defining our core programs. The start-up has developed kinetic energy based, long-duration energy storage solutions. I recall one of their early approaches relying on transporting rocks up a hill on a chair lift.

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