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Snap’s Yellow accelerator debuts its third batch of investments

TechCrunch LA

The group occupies some familiar spaces for past investments, with a focus on niche social communities, mobile media tools and augmented reality. Snap investment Hardworkers. Wabisabi Design : an augmented reality game studio focused on bit-sized titles. Yellow investment SketchAR. making their way to Los Angeles.

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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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Archer Aviation aims to launch network of urban air taxis in Los Angeles by 2024

TechCrunch LA

Urban Movement Labs, launched in November 2019, is a public-private partnership involving local government and companies to develop, test and deploy transportation technologies. Archer Aviation reached an agreement in early February to merge with special purpose acquisition company Atlas Crest Investment Corp.,

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Angel Investing 101 Workshop

SoCal Tech Calendar

Wednesday, April 3, 2019 -- Angel Investing 101. It turns out that angel investing is more than art - it's also very much a science. On April 3rd, 2019 we're pleased to offer you another round of the popular "Angel Investing 101" workshop. Tech Coast Angels. How do we know? See [link] (more)

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Canada’s newest unicorn: Clio raises $110M at a $1.6B valuation for legal tech

TechCrunch LA

Clio last raised in September of 2019 when it brought in $250 million in a Series D financing. The investment also brings its total capital raised since its 2008 inception to $386 million. Newton was tight-lipped about the company’s financials, saying only that since its 2019 raise, the company has seen “explosive” growth.

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Share Ventures, an LA-based studio for company creation, is MoviePass co-founder Hamet Watt’s next act

TechCrunch LA

“I love solving problems with design and entrepreneurship. For Watt, the studio model represents the next iteration of startup investing. Watt began talking to investors in 2018 about the idea and spent the bulk of 2019 trying to build out its first few companies. Image Credit: Share Ventures. ”

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Elementary Robotics is making its quality assurance robots commercially available

TechCrunch LA

Barnehama also emphasizes that Elementary’s robots are not designed to replace every human interaction or assessment in the manufacturing process. million in financing that Elementary closed at the end of 2019. “Machine learning paired with humans always performs better,” says Barnehama.