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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

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. Canoo said it will provide engineering services to develop the electric platform. ”

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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. So they see a responsibility to install the necessary technology to properly run their business.”.

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5 Tech Trends Startups Are Adopting In 2017

Tech.Co

It’s not about checking off as many technology trends, it is about finding useful and valuable trends that align with your goals and strategy for the rest of the year. Here are five trends startups are considering for their operations in 2017. Blockchain Technology. Many users now rely on mobile applications.

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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. These kinds of technologies, unlike AI, don’t automate away workers. Instead, they empower them to be more efficient and productive.

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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. The company told TechCrunch that it “will take the great insights we’ve gained from Maven and leverage its car-sharing technology to provide new GM fleet services, and explore other new service offerings.”

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7 Drivers of Digital Opportunity or Business Demise

Startup Professionals Musings

Today, the move to digital technology is driving marketplace change at a seemingly ever-increasing rate. The pervasive Internet and mobile device access allows instant communication of new options, total sharing of customer experiences, and mass customization, on a world-wide scale. How tired are you feeling today?

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