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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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Tech Startup Culture May Have Changed For Good

Tech.Co

You know what a startup is, right? Or at least you have an idea of what a startup is like to work in? That is, of course, until the small, ambitious startup is acquired by a larger, more traditional company in its sector, or the small startup goes public with angry shareholders and regulators asking difficult questions.

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5 Largest Funding Rounds Raised in 2017

Tech.Co

While a good idea can thrust you into the limelight and the right connections can boost your chances of success, startups need funding to survive. Thanks to data from Crunchbase , we can bask in the glory of the five highest funding rounds in 2017 so far. The post 5 Largest Funding Rounds Raised in 2017 appeared first on Tech.co.

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The New Style of Startup Vision: Smaller But Sharper?

Tech.Co

Startup tech businesses used to land on the scene with big ideas about how their tech could change the world. However, in recent years, there have been precious few startups with such grand ambitions from an early stage. But the trend for world-changing mission statements is waning in the startup sphere.

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What Happens When Startups Turn from Their Innovation Stage to Operational Excellence?

Both Sides of the Table

Nearly every successful tech startup I’ve observed over the past 20 years has gone through a similar growth pattern: Innovate, systematize then scale operations. Innovate In the early years of a startup there is a lot of kinetic energy of enthusiastic innovators looking to launch a product that changes how an industry works.

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GM exits car-sharing business and shuts down Maven

TechCrunch LA

GM confirmed to TechCrunch that it has started to wind down Maven. ” 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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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].