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

Startup 310
article thumbnail

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

TechCrunch LA

The company started trials in Mexican hospitals, buoyed by an initial $400,000 investment, to test and certify the results and see if doctors liked wearing the products. and continues development of its full-body suit. She explained that the decision to go after venture capital was to gain partners that would help the company grow.

Develop 257
Insiders

Sign Up for our Newsletter

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

article thumbnail

Acorns Names Chief Investment Officer

socalTECH

Irvine-based investment app developer Acorns said this morning that it has appointed its first Chief Investment Officer. Wunder previously was at black-and-white Capital, and also served at Contour Asset Management, and got his start at Morgan Stanley Investment Management.

Invest 100
article thumbnail

esVolta Gets Investment From Macquarie

socalTECH

Aliso Viejo-based utility-scale energy storage project developer esVolta has received an investment from Macquarie's Green Investment Group (GIG), Macquarie announced this morning. Size of the investment was not announced.

Invest 113
article thumbnail

SurePrep Gets Growth Investment

socalTECH

Irvine-based SurePrep , a developer of tax automation software and services for the professional tax return preparation market, has received what it calls a "significant" minority growth investment. The investment came from private equity investor Bregal Sagemount. Size and details on the financing round were not announced.

Invest 138
article thumbnail

GigXR Gets Strategic Investment For AR/VR CPR Training

socalTECH

Los Angeles-based GigXR, a developer of mixed reality simulation training for the healthcare industry, says it has received a strategic investment and partnership with a subsidiary of Northwest Permanente P.C. Financial details of the investment were not announced. Northwest is a physicial-led multispecialty group practice.

Training 113
article thumbnail

Assembly Gets Investment Round

socalTECH

Los Angeles-based Assembly , a developer of e-commerce tools and software, has received what it says is a "significant investment" from private equity investor Providence Strategic Growth. Financial terms of the investment were not announced. Assembly is led by co-founder and CEO Sandeep Kella.

Invest 113