article thumbnail

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. ”

Startup 310
article thumbnail

Thin Line Capital Backs Solar Technology Developer

socalTECH

Pasadena-based venture capital investment firm Thin Line Capital , a new venture capital firm led by venture veteran Aaron Fyke, has made its first investment, in a developer of solar technology. Size of the investment was not announced.

Capital 133
Insiders

Sign Up for our Newsletter

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

article thumbnail

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. Starship Technologies is describing this as a “quasi-equity facility”, meaning there is a venture loan involved in the mix. It has now made more than 2.5

Invest 233
article thumbnail

Champion Technology Gets Investment From R9B

socalTECH

Santa Monica-based Champion Technology , which develops an artificial intelligence-powered software product for the cybersecurity area, to help improve cyber security analysis, has received a strategic investment from R9B (root9B, LLC), a provider of cybersecurity products and services. Size of the investment was not announced.

article thumbnail

Oaktree Capital Invests In Shoals Technologies Group

socalTECH

Los Angeles-based private equity investor Oaktree Capital Management has made an investment in Shoals Technologies Group , a developer of junction boxes, wiring, and monitoring products for the solar electrical industry. Size of the investment was not announced. Shoals was founded in 1996, and is based in Tennessee.

Invest 113
article thumbnail

Prime Focus Technologies Gets Private Equity Investment

socalTECH

Los Angeles-based Prime Focus Technologies , a developer of ERP software for the media industry, says it has received its first round of funding from private equity investor Ambit Pragma. Size of the investment was not announced.

Equity 145
article thumbnail

New World Leads Big Investment In Data Center Technology Developer

socalTECH

New World Ventures , the venture capital arm of The Pritzker Group, is the lead investor in a big, $90M funding round for a developer of data center technology and services. IO said that New World Ventures contributed $50M to the round, which was the largest single transaction in the fund's 15-year history.

Develop 150