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Los Angeles-based StartEngine , the equity crowdfunding service run by serial entrepeneur Howard Marks, has chalked up 25 companies raising money on its platform since the start of 2017, according to the company. READ MORE>>.
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.
Today, we have a contribution from Anna Barber , the Managing Director of Techstars LA (www.techstars.org), one of three startup accelerators run by Techstars in the Los Angeles area. What was the biggest personal lesson you learned from 2017? I hope that for the tech community 2017 will be marked as a turning point for diversity.
What was the biggest personal lesson you learned from 2017? I'm looking forward to opening up new markets, including the expansion of family offices and other traditional investors to the amazing asset class that cryptocurrency has become. What are you looking forward to most in 2018? Aside from $50,000 bitcoin? CryptoKitties!
Hello and welcome back to Startups Weekly, a newsletter published every Saturday that dives into the week’s most noteworthy venture deals, fundraises, M&A transactions and trends. Let’s take a quick moment to catch up. Haus, like any good consumer startup in 2019, is shipped directly to your door. Fundraising.
Nearly every successful tech startup I’ve observed over the past 20 years has gone through a similar growth pattern: Innovate, systematize then scale operations. Innovate In the early years of a startup there is a lot of kinetic energy of enthusiastic innovators looking to launch a product that changes how an industry works.
The Disney Accelerator has rolled out the newest class of startup from its startup accelerator this week, showing off 11 new companies from the 2017 Disney Accelerator program on Wednesday in Burbank. READ MORE>>.
Sunday, April 2, 2017 -- N3XT CON 2017 - Entertainment, Technology, Startup. Located in Southern California, N3XT CON 2017 will spotlight industries that embody the LA spirit - Entertainment, Technology, and Startups. A pitch competition will also be held. See [link] (more)
The United States saw a big bump in IPOs in the first half of 2017, according to a report from E&Y issued on Tuesday afternoon. According to the EY Global IPO Trends: Q2 2017 report, there has been "brisk" IPO activity globally, in what the report says is "one of its strongest starts in nearly a decade."
Friday, August 4, 2017 -- Startup Game Changers Panel - Los Angeles 2017. Startup fundraising can be an arduous journey. Team startup to the rescue! Wouldnt it be easier if you had your own team of guides to help you along your way? See [link] (more)
A new, Los Angeles-based startup, Eusoh , is hoping to make it easier for people to handle unexpected veterinary costs, by banding people together in groups to help provide an alternative to traditional, insurance plans.
Wednesday, June 21, 2017 -- MIT Enterprise Forum of the Central Coast Startup Showcase. The Central Coast of California is bursting with entrepreneurial energy and startup success. Join us for this showcase of the regions newest innovations and enterprising young companies. See [link].
seems like an unlikely place to grow one of the next billion-dollar startups in the booming Los Angeles tech ecosystem. But it’s here in the (other) Valley’s southernmost edge that investors have found a startup they consider to be the next potential billion-dollar “unicorn” that will come out of Los Angeles.
What was the biggest personal lesson you learned from 2017? I will also become more involved in the Santa Barbara startup ecosystem, now that I am no longer vetting deals up and down the CA coast. Are there any technology innovations, gadgets, devices, software, that particularly caught your eye in 2017?
But it is perhaps best known for its epic 2017-era $200 million secondary round that General Atlantic financed. Declining ad rates may signal a reset for startup SEM strategies. That round was raised at a $1.5 billion pre-money valuation.
Fika invests roughly half of its capital exclusively in startups headquartered in LA, with a particular fondness for B2B, enterprise and fintech companies. The firm was launched in 2017 by general partners Eva Ho and TX Zhuo, formerly of Susa Ventures and Karlin Ventures, respectively.
On Tuesday, Haptik announced it has acqui-hired Convrg, a Los Angeles-based startup that develops chatbots, to serve customers in North America. Founded in 2017, Convrg has made a name for itself by developing several popular chatbots and voice products. We have done some business in the U.S. You can’t expand in the U.S.
Tech startups are always looking to capitalize on the next big thing. And every year, the startup ecosystem is slightly different. Entrepreneurs preparing to launch a startup in 2019 should be aware of the latest trends that will guide their successes or failures. Voice AI Is Trending Up. Why Tech Startups Care.
While current technologies are not quite advanced enough to make Westworld a reality, startups are attempting to replicate the sort of human-robot interaction it presents in virtual space. I think in this age and time, that’s not what we want to get into,” Xinjie Ma, who heads up marketing for rct, told TechCrunch.
But with online delivery services, a whole city’s worth of restaurant options opened up to consumers (as long as they were in your delivery area). Eaze, the biggest startup in the online delivery space, has raised at least $37 million to tackle the growing market for legal cannabis delivery since its launch in 2014. ”
We also started offering Factory Tour Workshops to entrepreneurs, with nearly 100 applying for the pilots. What was the biggest personal lesson you learned from 2017? Are there any technology innovations, gadgets, devices, software, that particularly caught your eye in 2017? Check out the entertaining video here.) in August.
One startup that aims to help make the process simpler, cheaper and less stressful by helping people manage the home renovation process has raised $6 million to help it grow even faster. Construction tech startups are poised to shake up a $1.3-trillion-dollar Renovating a home is an exciting, yet often fraught-filled, endeavor.
Kevin sold his last company, Santa Barbara-based Graphiq, in July of 2017 to Amazon, but has a long history of successful companies, including founding DoubleClick. I ended up doing that for eight years, when it was bought by Amazon for use in Alexa, which is really cool. Congrats on the new name for your venture capital firm.
You know what a startup is, right? Or at least you have an idea of what a startup is like to work in? That is, of course, until the small, ambitious startup is acquired by a larger, more traditional company in its sector, or the small startup goes public with angry shareholders and regulators asking difficult questions.
In what looks to be one of the fastest Series A-to-acquisition deals in recent years, a startup backed by Santa Monica-based Cornerstone OnDemand has just been acquired by HR software giant WorkDay. Rallyteam's machine learning software was used to help match their employees to skills, experiences, and interests.
Now it’s picking up some funding along with an endorsement Europe to further its growth. 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 has now made more than 2.5
San Diego-based ClickUp , a startup which develops "remote work" software aimed at helping organizations collaborate on projects, has raised $35M in a Series A funding round. The company was founded in 2017. The funding was led by Craft Ventures, and also included Georgian Partners. Zeb Evans is Founder and CEO of ClickUp.
Los Angeles-based 3Rodeo , a brand venture capital investment firm led by former Hulu executive Noah Heller, says it is targeting investments in startups in Los Angeles. 2017 has been a banner year for new startup funds in Los Angeles as well as Southern California as a whole. Size of the new fund was not announced.
Wednesday, July 26, 2017 -- Startup Demo Competition. 805 Startups is partnering with the City of Thousand Oaks to hold a startup demo competition at their beautiful Thousand Oaks Civic Arts Plaza.
Just weeks after Canoo took the wraps off of its electric vehicle , the Los Angeles-based startup and co-founder Stefan Krause has been accused of gender and marital discrimination, harassment, breach of contract, and wrongful termination in a lawsuit filed Tuesday. Canoo has never revealed the names of its primary investors.
Q-CTRL , a quantum computing startupstarted in Sydney, Australia, says it has set up a new, U.S. Biercuk; the company was founded in Australia in 2017. headquarters in Los Angeles. Q-CTRL said that the Los Angeles office is close to many of its key customers and research partners. READ MORE>>.
AutoMobility LA , the high tech-, connected-car focused event which is part of the LA Auto Show, said it is running a startup competition which will over up prizes worth over $200,000 at its 2017 Top Ten Automotive Startups Competition. The deadline for the competition is August 11th.
Read on for our top posts from 2017! ?? Traxo uses productboard to unite the world’s travel data productboard helps teams resurface key insights about user needs… “productboard has helped me focus on what’s important and avoid the rest… When we started out, our product was very feature oriented. Now everything our company does?—?from
Metropolis is a new Los Angeles-based startup that’s looking to compete with BMW-owned ParkMobile for a slice of the automated parking lot management market. In all, Metropolis has raised $60 million since it was formed back in 2017. Israel, a serial entrepreneur, has spent decades thinking about parking.
Team up with Black firms already doing the work. HBCUvc, which we first wrote about in 2017, currently holds a number of programs to help Black and Hispanic students enter the world of tech, from fellowships to micro-grants. Among the strategies? Joining the donor circle is the best way to get involved in HBCUvc.
Los Angeles and San Diego are among the metro areas with the highest startup activity, based on a new report from the Ewing Marion Kauffman Foundation. The Kauffman Foundation says its 2017Startup Activity Index is an index measure of a broad range of startup activity in the United States across national, state, and metropolitan-area levels.
Santa Monica-based TaskUs , the provider of business process outsourcing led by Bryce Maddock and Jaspar Weir, has now passed up 8,000 employees, the company said today. The company was started in Santa Monica, but its biggest employee base is in the Philippines.
Ettitude , the Los Angeles-based, direct-to-consumer startup making sustainable bedding and sleepwear from bamboo fibers, has raised a sustainably sized round that should keep the company going even in the face of an economic recession. she relocated and took her company with her. So Yu turned to AngelList, which is where she found Dey.
The former CEO and founder of Los Angeles-based advertising exchange Rubicon Project, Frank Addante, has launched a new, startup investment fund, he announced on Wednesday, saying that after a brief foray into retirement he decided to launch TinkerBarn Ventures, a new startup studio and early stage investment fund.
Thursday, September 7, 2017 -- Startup UCLA Summer Accelerator Demo Day. After 10 weeks of intense preparation, Startup UCLA's Summer Accelerator teams will be showcasing their startups to Los Angeles and the surrounding community. Don't miss your chance to see UCLA entrepreneurs pitch their latest innovations.
Wednesday, May 3, 2017 -- This event provides a unique opportunity for established companies and government agencies to discover and source innovative startup solutions. Visit the link to register now!
Techstars Music Accelerator , one of the startup accelerators that Techstars operates in Los Angeles, has named the latest startups to become part of its program, saying that it has selected nine startups for the latest program, which runs from February 4th through May 2nd. READ MORE>>.
It’s with these milestones behind it that TAE was able to raise an additional $280 million in financing, bringing its total up to $880 million and making it one of the best financed private nuclear fusion endeavors in the world. The new machine was first fired up in the summer of 2017.
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