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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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Meet the 2017 Startups from the Disney Accelerator

Tech.Co

.” For startups entering program they receive investment capital, access to coworking space at Disney’s creative campus and mentor support and guidance from top Disney executives, entrepreneurs, investors and other notable business leaders from the entertainment and technology communities, and have a Demo Day at the campus.

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LA-based gaming studio Scopely raises $200 million at a $1.4 billion valuation

TechCrunch LA

The Los Angeles-based mobile game development studio Scopely has become America’s newest unicorn thanks to a $200 million financing which values the company at a whopping $1.4 The new investment follows Scopely’s milestone of achieving more than $1 billion in lifetime revenue.

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Lambs, the radiation-proof underwear company formerly known as Spartan, is now selling beanies

TechCrunch LA

Earlier this year, Spartan, the French manufacturer of a silver-lined underwear designed to block EMF radiation from cell phones and wireless routers, relocated to the U.S. and raised some capital from the Los Angeles-based investment firm, Science.

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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. ” Maven was designed to bring and expand several of GM’s existing test programs under one brand. The peer-to-peer car rental service was designed to operate in a similar fashion to how Turo and Getaround work.

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Elementary Robotics raises cash to expand in Los Angeles’ growing robotics hub

TechCrunch LA

Elementary Robotics was co-founded by Bill Gross, the brains behind an increasingly resurgent Idealab incubator, and Arye Barnehama, a former head of design at the augmented reality startup DAQRI. That was around 2017, when the two first began brainstorming how they would build their company.

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Everything You Need to Know About Hyperloop

Tech.Co

In January 2017, HTT announced that the company was opening a research facility in Tououse, France to work on prototyping. The company, along with its partners at PreistmanGoode also released the design for its passenger Hyperloop capsule at the London Design Festival.

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