Remove Capital Remove Design Remove Outsource Development Remove Technology
article thumbnail

7 Government Small Business Grants to Apply For in May 2024

Tech.Co

There are thousands of grants up for grabs through government website portals, but since this type of financing is designed to support the public, their eligibility criteria tend to be quite specific. Department of Commerce Minority Business Development Agency (MBDA) 🔎 Want to browse the web privately?

article thumbnail

Diversis Capital Raises $675M Fund

socalTECH

Los Angeles-based private equity investor Diversis Capital Management said this morning that it has raised a new, $675M fund. The company said its new fund, Diversis Capital Partners II, exceeded its target of $500M. The company said it reached the $675M in commitments just three months after its formal launch.

Capital 113
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Manufacturing startup Divergent 3D reduces staff by one-third

TechCrunch LA

The company, which employed about 160 people, laid off 57 workers, according to documents filed with the California Employment Development Department. Divergent 3D made Blade — which was on the auto show circuit in 2016 — to demonstrate the technology platform. Founder and CEO Kevin Czinger didn’t provide specific numbers.

Startup 251
article thumbnail

Canoo, the electric vehicle startup formed from Faraday Future’s ashes, seeks $200 million

TechCrunch LA

Less than a month after rebranding as Canoo , the startup electric vehicle company formerly known as Evelozcity is on the hunt for $200 million in new capital. Canoo is locking in final contracts with its vendors and is going to be in production with prototypes before the end of the year.

article thumbnail

Startup CTO or Developer

SoCal CTO

I’ve been having discussions with several people recently about the role of the CTO (Chief Technology Officer) in very early stage companies. What worries me a bit is how often I read that startups should hire a developer / hands-on lead developer. I’ll address the specifics of what this Founder Developer Gap looks like below.

article thumbnail

Relativity, a new star in the space race, raises $140 million for its 3-D printed rockets

TechCrunch LA

Using its proprietary printing technology, Relativity says it can slash the time it takes to develop a rocket from design to launch by up to two years. Relativity Space chief technology officer Jordan Noone next to one of the company’s 3-D printers. space industry.

article thumbnail

Dreaming of Mars, the startup Relativity Space gets its first launch site on Earth

TechCrunch LA

Now, more than $35 million dollars later , the company has been awarded a multi-year contract to build and operate its own rocket launch facilities at Cape Canaveral Air Force Station in Florida. That contract, awarded by The 45th Space Wing of the Air Force, is the first direct agreement the U.S. space and missile defense program.

Sites 217