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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.
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.
During the holiday season, our tradition over the last few years has been to post reflections on the past year and some predictions from Southern California's "movers and shakers" in the technology industry. What was the biggest personal lesson you learned from 2017? What was the big news for your company this year?
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)
During the holiday season, our tradition over the last few years has been to post reflections on the past year and some predictions from Southern California's "movers and shakers" in the technology industry. What was the biggest personal lesson you learned from 2017? What are you looking forward to most in 2018? CryptoKitties!
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. People order Starship deliveries via the startup’s iOS and Android apps.
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 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." READ MORE>>.
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.
During the holiday season, our tradition over the last few years has been to post reflections on the past year and some predictions from Southern California's "movers and shakers" in the technology industry. What was the biggest personal lesson you learned from 2017? Reconciling that some folks are just not good people.
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.
It’s six months down the road and time to check in on startup that had high hopes when the year began. 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. Blockchain Technology. Smart Home Offices.
On Tuesday, Haptik announced it has acqui-hired Convrg, a Los Angeles-based startup that develops chatbots, to serve customers in North America. The move is part of Haptik’s broader strategy to both expand its technology expertise and team and business overseas, Aakrit Vaish, cofounder and CEO of Haptik, told TechCrunch in an interview.
Saturday, February 25, 2017 -- TechnologyStartups go to the Movies: Opportunities and Hurdles for Selling New Technologies into the Motion Picture Industry! Many of the studios have sizable in-house technology development operations, but all acquire technology or technology products from outside their corporate borders.
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. REEF Technology raises $700M from SoftBank and others to remake parking lots. In all, Metropolis has raised $60 million since it was formed back in 2017.
Self-driving and robotics startup Cartken has partnered with REEF Technology, a startup that operates parking lots and neighborhood hubs, to bring self-driving delivery robots to the streets of downtown Miami. Starship Technologies CEO Lex Bayer on focus and opportunity in autonomous delivery.
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.
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.
Team up with Black firms already doing the work. We’ve created the HBCUvc Donor Circle as an opportunity for supporters and individuals to engage in our work and join a long-term strategy toward racial equity in venture capital and technology,” she wrote in the post. Among the strategies? Read the whole HBCUvc blog post here.
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.
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.
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.
It’s an auspicious time for both Los Angeles-based businessmen, as the LA venture community sees a wave of technology talent relocating from New York and San Francisco in the newly remote work culture created by the COVID-19 epidemic. “Two years ago we started having those conversations,” said Norton in an interview.
What you might not realize is that the adorable droid was the brain child of Sphero, a robotics and digital technology company and an alumni to the Disney Accelerator program. This corporate partnership has proven well for these startups in helping them launch their products and services into another galaxy. Epic Games.
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.
That's the idea behind the technology being developed by Pasadena-based ObEN (www.oben.me), which is led by co-founde rand CEO Nikhil Jain. Nikhil told us a bit about the startup,which was spawned out of Idealab, and recently raised a round of funding from CrestValue Capital, Cybernaut Westlake Partners, Leaguer Venture Investment Co.,
At the time they were working from a WeWork in Seattle, during the darkest winter in Seattle history, where Ellis was wrapping up a stint at Blue Origin. ” It’s also a way for the company to prove out its technology. “It benefits the long-term mission,” Ellis continued. Not only can we make rockets.
Tesla, which unveiled the Tesla Semi prototype in November 2017 , began testing its prototype semis in California and Nevada earlier this year. Newcomer Thor Trucks is developing a medium-duty Class-6 electric truck for UPS, which will also be tested in California.
On Lafayette Street in SoHo, young, fashionable women lined up around the block to enter a minimalist, millennial oasis, the most perfect Instagram feed brought to life. allocate 98% of their funding to startups helmed by men. It’s no wonder, then, how we’ve ended up with the paradox of the “girlboss.” .
Less than a month after rebranding as Canoo , the startup electric vehicle company formerly known as Evelozcity is on the hunt for $200 million in new capital. Canoo began life as EVelozcity back in 2017. and China, according to one person with knowledge of the company’s plans.
This holiday season, we are again sharing the reflections on 2016 from Southern California's technology ecosystem. 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.
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
has released its latest report on the state of the Los Angeles technology scene, saying that the city had a "landmark year". pointed at all of the companies in Los Angeles that came out of the demise of MySpace, and argues that the growth of Snap is about to trigger another wave of startups in the market. In the report, Amplify.LA
Our interview this morning with an entrepreneur is with Anthony Citrano , the founder of Los Angeles-based Acquicent (www.acquicent.com), a startup which wants to make it as easy for you to invest in museum-grade collectibles such as classic cars and art, without having to invest millions of dollars in those assets.
Daniel Kim and Jay Lee, the two founders of AuditBoard , a Los Angeles-based provider of a risk and compliance software service for large businesses, grew up middle school friends in Cerritos, Calif. Now, AuditBoard joins a growing list of Los Angeles business-focused software companies that are beginning to scale dramatically in the city.
Cybersecurity startup AttackIQ has appointed veteran tech executive Brett Galloway as its new CEO. Wright was hired as chief revenue officer in August 2017. Chenette, now chief technology officer, co-founded the company in 2013 with Rajesh Sharma, AttackIQ’s vice president of engineering. AttackIQ said that Galloway.
Mayor Eric Garcetti , the Mayor of Los Angeles and a big supporter of the Greater Los Angeles area's rise to prominence in the technologystartup world, is reportedly set to announced that he will not be running for President in 2020. READ MORE>>.
Mayor Eric Garcetti at Upfront Summit, February 2017 I first sat down with then councilman Eric Garcetti on the Ides of March 2012 — almost 5 years ago exactly. He was running to be the 42nd mayor of Los Angeles and he outlined his vision to “open up the city government to technology and innovation” if he were elected.
Constance Curtis , the Founder and CEO of The List (www.getthelistapp.com), thinks so, and tells us about her startup's efforts to bring the world of matchmaking to the modern worldand how her own frustration with online dating let to her startup. With matchmaking, you hire someone to do everything for you, setting you up for dates.
TechCrunch is heading to UCLA on October 18 and we’ve assembled some of the AR/VR industry’s most prescient founders, investors and executives to chat about the startups and trends driving virtual and augmented reality in 2018. Startups are working to centralize the experience but it’s going to look a lot different.
Mayor Eric Garcetti , the Mayor of Los Angeles and a big supporter of the Greater Los Angeles area's rise to prominence in the technologystartup world, announced on Tuesday evening that he will not be running for President in 2020. READ MORE>>.
GM confirmed to TechCrunch that it has started to wind down Maven. 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.”
Playa Vista-based Appetize , which develops tablet-based, modern point-of-sale (POS) technology for the food service and retail markets, says it has doubled its employee count in the last year to 200, as it sees what it calls "exponential" growth in its business. READ MORE>>.
Seed stage investments in Los Angeles area startups was up, year-to-year, according to the Q1 2018 LA Seed Deal Report from investor Amplify LA. According to the report from Amplify, 23 LA startups raised a total of $52.9M in seed funding in Q1, which was up 2.5 percent from Q1 of 2017.
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