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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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Meet the 2017 Startups from the Disney Accelerator

Tech.Co

Meet the 11 startups for 2017: Ambidio. Epic Games is the creator of Unreal Engine technology, which is used by millions of developers to ship visually stunning, high-quality games and experiences across PC, console, mobile, VR and AR platforms.

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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 company raised a $55 million round of financing in 2016, $60 million in 2017 and $100 million in 2018.

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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

Earlier this year, Embodied announced a $22 million round for its personal robotics platform focused on healthcare and wellness, while InVia Robotics collected $20 million for its own take on the robotics industry. That was around 2017, when the two first began brainstorming how they would build their company. ”

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10 Positive Signs For Starting Your Own Business Now

Startup Professionals Musings

Statistica reports that almost 20 percent more companies went public in 2018 versus 2017. This approach, popularly known as “glocalization,” means you design and deliver global solutions that have total relevance to every local market you plan to attack. Thus a record number of entrepreneurs (and team members) are getting rich.

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10 Signs That The Age Of The Entrepreneur Is Here Now

Startup Professionals Musings

According to the 2017 Kauffman Startup Activity Index , the share of new entrepreneurs who started businesses to pursue opportunity rather than from necessity reached 86 percent, more than 12 percentage points higher than in 2009 at the height of the Great Recession. Thus a record number of entrepreneurs (and team members) are getting rich.