article thumbnail

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
article thumbnail

Six Tech Startups to Look Out For in 2023

Tech.Co

With over 305 million start-ups being created every year globally, standing out from the crowd is a huge challenge. We've scoured the startup scene to find out which budding businesses have made big waves in 2022 — and whose growth is showing no signs of slowing down. Sign up to Tech.co's weekly newsletter today.

Startup 119
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Aptera Is Back, With Solar Powered Car

socalTECH

San Diego-based Aptera , the latest reincarnation of an electric car maker started in 2005, has announced a new, solar powered car, which recharges from the sun, and not from a plug. Aptera announced its new Paradigm "solar electric vehicles" last week, which it says it is now offering up for reservations. READ MORE>>.

San Diego 113
article thumbnail

Praying to the God of Valuation

Both Sides of the Table

Something happened in the past 7 years in the startup and venture capital world that I hadn’t experienced since the late 90’s — we all began praying to the God of Valuation. How might our next phase of the journey seem brighter, even with more uncertain days for startups and capital markets? What happened? There was no money train.

article thumbnail

EV subscription startup Canoo, co-founder sued for alleged harassment

TechCrunch LA

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. Stefan Krause filed for divorce from Christina Krause in July 2019.

CTO Hire 198
article thumbnail

What Does the Post Crash VC Market Look Like?

Both Sides of the Table

At our mid-year offsite our partnership at Upfront Ventures was discussing what the future of venture capital and the startup ecosystem looked like. Should SaaS companies trade at a 24x Enterprise Value (EV) to Next Twelve Month (NTM) Revenue multiple as they did in November 2021? Please follow him & welcome him to Upfront!! <==

article thumbnail

Etsy Is Boosting Seller Transaction Fees By 30%

Tech.Co

Starting on April 11th, fees will rise from 5% to 6.5% But small businesses may need to find a way to raise their conversion rates in order to make up for the new fee they'll be paying. Esty enjoyed their best quarter ever in the just-ended fourth quarter of 2021, so they're still seeing numbers on the rise. for each sale.

Sales 155