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Nothing negative about Positive Food’s meal expansion plan after $7M investment

TechCrunch LA

In January 2020, the company was in discussions with Whole Foods about launching a pilot of its meals in a few stores. He and Chan had to make some tough decisions, including streamlining a lot of the business and costs, and unfortunately letting staff go. However, there was a silver lining for Positive Food.

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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 ” In 2020, Root had a direct loss ratio of 82%. 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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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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With an ARR topping $250 million, LA’s vertical SAAS superstar ServiceTitan is now worth $8.3 billion

TechCrunch LA

ServiceTitan’s backers are a veritable who’s who of the venture industry, with longtime white shoe investors like Battery Ventures, Bessemer Venture Partners and Index Ventures joining the later stage investment funds like T. Rowe Price, Dragoneer Investment Group, and ICONIQ Growth.

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Valuation Trends and Insights with John Harbison, Chairman Emeritus of TCA

SoCal Tech Calendar

Monday, August 10, 2020 -- JoiValuation Trends and Insights with John Harbison, Chairman Emeritus of TCA. Valuation is a mysterious black box that ultimately determines whether there is sufficient demand among investors to get a company adequately funded. See [link] (more)

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9 Innovative Startups To Watch For in 2024

Tech.Co

Founded in 2020 by two former Meta executives, Tome is a business-focused storytelling and presentation tool that leverages generative AI. And with direct traffic making up 71% of Caledly’s total traffic, demand for the scheduling tool is likely to remain strong into 2024. million it generated in 2020.

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Boulevard books $70M to help beauty and wellness salons with their bookings

TechCrunch LA

This round is being led by Point72 Private Investments, with previous backers Toba Capital, Index Ventures, Bonfire Ventures, BoxGroup, and VMG Partners also participating.

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