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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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Manufacturing startup Divergent 3D reduces staff by one-third

TechCrunch LA

Divergent, the Los Angeles-based startup aiming to revolutionize vehicle manufacturing, has cut about one-third of its staff amid the COVID-19 pandemic that has upended startups and major corporations alike. Divergent 3D made Blade — which was on the auto show circuit in 2016 — to demonstrate the technology platform.

Startup 251
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Reflections on 2020: Andy Wilson, Alliance for SoCal Innovation

socalTECH

The massive geographic footprint of the region has always been a limiting factor in our work as a Super Connector, but we soon realized that virtual platforms actually allow us to more effectively bring people together than solely relying on live in-person convenings. He previously held C-level roles at Overture Services/Yahoo!,

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LA’s Replicated looks to increase R&D and hiring for its operations management software after raising $25 million

TechCrunch LA

The Los Angeles-based operations and security management software service, Replicated has raised $25 million to ramp up its staffing and scale its sales and marketing efforts. “Once we started building on that success. “If you are a company like Puppet, you have hundreds of on-premise customers.”

Software 224
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Boulevard books $70M to help beauty and wellness salons with their bookings

TechCrunch LA

But at the same time, Los Angeles–based Boulevard got this funding infusion at a boosted valuation because it has been on a roll. to date, the company said that it saw an 188% growth in annual recurring revenue compared to a year ago, with more than 25,000 individuals in 2,000 salons and spas in the country now using its platform.

Help 195
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8 New Business Keys To Success For Real Entrepreneurs

Startup Professionals Musings

In my view, starting a new business has never been easier, and according to reports from the Kauffman Foundation , the numbers are here to show it. The rate of new entrepreneurs increased between 2013 and 2021, from 280 to 360 out of 100,000 of the adult population. Fundraising through online platforms and crowdfunding.

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How long can Zuckerberg afford to bankroll the AR/VR market?

TechCrunch LA

The Facebook parent-company saw its stock price get bludgeoned after a bad earnings report showcased that Apple’s ad-blocking changes are shaving billions off its books and the company’s crown jewel — the Facebook platform — has stopped growing and actually shrank this quarter. ” my colleague Aisha notes.

Marketing 246