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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.

Startup 310
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Reflections On 2017: Anna Barber, Techstars LA

socalTECH

Techstars has grown tremendously around the world in 2017, establishing a new venture in India and launching vertical accelerators focused on things like smart cities (in Dubai), energy (in Norway), defense (in Boston) and insurtech (North Carolina). Those three LA programs alone invested in a total of 38 companies this year.

Press 193
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Clearlake's NetDocuments Gets New Investment

socalTECH

NetDocuments , the developer of a cloud-based platform for managing the documents of law firms and corporate legal and compliance departments which is backed by Santa Monica-based private equity investor Clearlake Capital , has scored a new, strategic funding. Size and terms of that investment was not announced by the companies.

Invest 113
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Starship Technologies picks up €50M from the EU’s investment arm to expand its fleet of autonomous delivery robots

TechCrunch LA

The startup has received €50 million (just under $57 million at today’s rates) from the European Investment Bank, the funding arm of the European Union. It is not disclosing its valuation with this investment, but Alastair Westgarth said that this doesn’t rule out raising further funding from investors.

Invest 233
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As it adds Jeremy Milken to the partnership, Watertower Ventures nears $50 million close for its new fund

TechCrunch LA

Over their longtime personal and professional relationship, the two Los Angeles-based serial entrepreneurs have invested in each other’s companies and investment firms, but never worked together until now. Derek Norton, founder, Watertower Ventures: Image Credit: Watertower Ventures.

Funding 230
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Reflections on 2016: Alon Goren, Crowd Invest Summit and 805 Startups

socalTECH

Today's contribution is from Alon Goren , the co-founder of Crowd Invest Summit and 805 Startups. Alon Goren: This year, my partners, Josef Holm (Krowdster), Darren Marble (CrowdfundX) and I started Crowd Invest Summit. Finally, what do you think will have the biggest impact on the technology industry in 2017?

Invest 124
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Meet the 2017 Startups from the Disney Accelerator

Tech.Co

“And over the past three years, Imperson has developed conversational chatbots powered by their artificial intelligence for several Disney projects, including most recently for Walt Disney World’s Pandora – The World of Avatar , according to a press release. Meet the 11 startups for 2017: Ambidio. Epic Games.