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Clutter Collects $200M More For On-Demand Storage

socalTECH

Culver City-based Clutter , which offers up "on-demand" self storage of your extra stuff, has raised $200M in a Series D funding, the company announced on Wednesday morning. As part of the new investment round, it has added Justin Wilson of SoftBank Investment Advisors to the board. The company's co-founder and CEO is Ari Mir.

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LA’s consumer goods rental service, Joymode, sells to the NYC retail investment firm, XRC Labs

TechCrunch LA

After raising $15 million in financing from one of technology’s most successful global investment firms, the Los Angeles-based consumer goods rental company Joymode is selling itself to an early-stage retail investment firm out of New York, XRC Labs.

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Planning 500,000 charging points for EVs by 2025, Shell becomes the latest company swept up in EV charging boom

TechCrunch LA

Shell’s plan to roll out 500,000 electric charging station in just four years is the latest sign of an EV charging infrastructure boom that has prompted investors to pour cash into the industry and inspired a few companies to become public companies in search of the capital needed to meet demand.

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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.

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Just raises $8M in its effort to beat Root at the car insurance game

TechCrunch LA

CrossCut Ventures, ManchesterStory and Western Technology Investments co-led the investment, which brings its total raised to $15.3 million since its January 2019 inception. Also, with so many people shifting to working from home over the last year, Just says it has seen increased demand this year.

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San Diego FundingPost VC and Angel Investor PitchFest + Pitch Workshop

SoCal Tech Calendar

Tuesday, June 11, 2019 -- San Diego FundingPost VC and Angel Investor PitchFest + Pitch Workshop. Due to the overwhelming demand to pitch at our last event in San Diego, we're throwing an exclusive PitchFest speed dating event where you will be pitching to over 20 investors one-on-one! We're doing it again!

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Flying taxi startup Blade is helping Silicon Valley CEOs bypass traffic

TechCrunch LA

One year after a $38 million Series B valued on-demand aviation startup Blade at $140 million, the company has begun taxiing the Bay Area’s elite. — Tyler Babin (@Tyler_Babin) March 11, 2019. Uber too has lofty plans to develop a consumer aerial ridesharing business , as do several other privately-funded startups.

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