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Wrench’s on-demand vehicle repair and maintenance service picks up $20 million

TechCrunch LA

Wrench , the Seattle-based on demand vehicle maintenance and repair service for consumers and fleets, has raised $20 million in its latest round of financing. RepairSmith , which operates a similar service out of Los Angeles and San Francisco, is backed by Daimler to provide much the same on-demand repair services.

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Hyundai taps EV startup Canoo to develop electric vehicles

TechCrunch LA

The partnership with Canoo is the latest example of Hyundai Motor ramping up efforts and investments into electrification, autonomous technology and other futuristic mobility trends, including flying cars. Canoo started as Evelozcity in 2017 by two former Faraday Future executives Stefan Krause and Ulrich Kranz. ”

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5 Tech Trends Startups Are Adopting In 2017

Tech.Co

Here are five trends startups are considering for their operations in 2017. You cannot deny that the internet of things (IoT) has taken over: security cameras link with each other; mobile devices connect to the printer; and lights detect and activate human movements. Many users now rely on mobile applications.

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6 Ways Tech Startups Are Changing in 2019

Tech.Co

Industry analyst Mary Meeker’s 2018 Internet Trends presentation relies on data gathered across 2017. user base jumped a massive 10 million users between the third and fourth quarters of 2017. In 2017, on-demand or “gig” workers grew nearly a quarter — 23 percent — over the previous year.

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SpotOn raises $300M at a $3.15B valuation and acquires Appetize

TechCrunch LA

The latest investment is being used to finance the acquisition of another company in the space — Appetize, a digital and mobile commerce payments platform for enterprises such as sports and entertainment venues, theme parks and zoos. SpotOn is paying $415 million in cash and stock for the Los Angeles-based company.

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GM exits car-sharing business and shuts down Maven

TechCrunch LA

The car-sharing service has struggled for months, long before COVID-19 upended the “shared” mobility sector. 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. The Verge was the first to report the story.

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ServiceTitan is LA’s least likely contender to be the next billion-dollar startup

TechCrunch LA

It was Iconiq that put a whopping $80 million into ServiceTitan just last year — and while the 2017 cash infusion may have been larger, the company’s valuation has continued to rise.

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