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Leaf Group Acquires Deny Designs

socalTECH

Santa Monica-based Leaf Group , which is led by Sean Moriarty, said on Thursday that it has acquired home decor brand Deny Designs. for Deny Designs, split between $6.7M Deny Designs was based in Denver, Colorado. Leaf Group disclosed the sale in its first quarter 2017 results, where it reported a net loss of $10.0M

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5 Largest Funding Rounds Raised in 2017

Tech.Co

Thanks to data from Crunchbase , we can bask in the glory of the five highest funding rounds in 2017 so far. Didi Chixing, the Chinese ride-sharing giant, has had the largest funding round of 2017, with a $5.5 The post 5 Largest Funding Rounds Raised in 2017 appeared first on Tech.co. Read more about funding rounds at TechCo .

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Hyundai taps EV startup Canoo to develop electric vehicles

TechCrunch LA

The electric vehicle platform will be based on Canoo’s proprietary skateboard design, according to the agreement that was announced Tuesday. Canoo started as Evelozcity in 2017 by two former Faraday Future executives Stefan Krause and Ulrich Kranz. Canoo said it will provide engineering services to develop the electric platform.

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Claiming a landmark in fusion energy, TAE Technologies sees commercialization by 2030

TechCrunch LA

Six years ago, the company had proved that its reactor design could sustain plasma indefinitely — meaning that once the switch is flipped on a reaction, that fusion reaction can continue indefinitely. The new machine was first fired up in the summer of 2017. It’s the opposite of a [Tokamak].

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GM exits car-sharing business and shuts down Maven

TechCrunch LA

” Maven was designed to bring and expand several of GM’s existing test programs under one brand. For instance, the company launched in 2017 Maven Reserve in Los Angeles and San Francisco to allow customers to rent its GM-branded vehicles for a month at a time.

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Tech Startup Culture May Have Changed For Good

Tech.Co

Back in 2017, the New York Times opinion section was graced with an article entitled: Jerks and the Start-Ups They Ruin. “Some startups have seen demand skyrocket, so they’ve had to quickly scale, attract investment, and respond to client demand. Saying No To Startup Bros.

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

TechCrunch LA

Canoo began life as EVelozcity back in 2017. Canoo said that it intends to use a modular “skateboard” approach to its vehicle design where different form factors can rest atop its chassis. Porsche launches on-demand subscription for its sports cars and SUVs.