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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.

Startup 310
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Reflections On 2019: Mike Jones, Science Inc.

socalTECH

I fell in love again with the process of working with founders, designing systems, executing business ideas and driving to mass scale and audience. He is one of Los Angeles' most active angel investors, with more than $2.5B Mike Jones is an internet executive, investor, and strategic advisor and the CEO of Science, Inc.

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Fiction Riot Plans Short Form Video App

socalTECH

A new, Los Angeles-based content startup, Fiction Riot said this morning that it is plannig to launch a new mobile app, which developers short-form, video series for consumers. The first content on the platform is targeted for early 2019. The new startup is led by CEO and co-founder Mike Esola.

Content 113
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Snap’s Yellow accelerator debuts its third batch of investments

TechCrunch LA

The 10 startups in Yellow’s third batch include: Brightly : a media platform and community that promotes ethical and sustainable brands. Stipop : a rich cross-platform chat sticker API. Wabisabi Design : an augmented reality game studio focused on bit-sized titles. making their way to Los Angeles. ”

Invest 237
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GM exits car-sharing business and shuts down Maven

TechCrunch LA

Maven continued to operate in Detroit, Los Angeles, Washington, D.C. ” Maven was designed to bring and expand several of GM’s existing test programs under one brand. The peer-to-peer car rental service was designed to operate in a similar fashion to how Turo and Getaround work. and Toronto.

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Startups Weekly: VCs are drunk on beverage startups

TechCrunch LA

Haus, like any good consumer startup in 2019, is shipped directly to your door. — Kate Clark (@KateClarkTweets) May 21, 2019. Founder Alix Peabody designed a line of female-focused canned rosé. Shopify quietly acquires Handshake, an e-commerce platform for B2B wholesale purchasing . pic.twitter.com/DMEg88t4iO.

Startup 223
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Spying a pivot to ghost kitchens, Softbank’s second Vision Fund pours $120 million into Ordermark

TechCrunch LA

Investors from the latest Vision Fund first reached out to Canter shortly after the company announced its last round of funding in 2019. “The way that Ordermark’s technology is designed, not only can we aggregate online orders into the device, but we can aggregate multiple brands into the device.”

Funding 263