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Shareholders approve Bird-SPAC merger, stock promptly falls

TechCrunch LA

first spotted the vote news ; Bird is based in the Los Angeles metropolitan agglomeration. This year, the company expects — looking at predictions that included results through Q2 2021 — to post positive gross margins. million in Q2 2021, its best result ever, and one of only four quarters in which the result was positive.

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Ghost appears with new funding, marketplace to match buyers with unsold products

TechCrunch LA

Josh Kaplan and Dee Murthy, both founder and co-CEO of the Los Angeles–based company, started Ghost in 2021 after previously working together at Four Five Group, a men’s apparel business. Ghost itself closed on a Series A equity round of $13 million, along with $7 million in debt, in June. Syrup Tech bags $6.3M

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EV subscription startup Canoo, co-founder sued for alleged harassment

TechCrunch LA

Just weeks after Canoo took the wraps off of its electric vehicle , the Los Angeles-based startup and co-founder Stefan Krause has been accused of gender and marital discrimination, harassment, breach of contract, and wrongful termination in a lawsuit filed Tuesday. The first cars are slated to appear on the road by 2021.

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Fintech giant Klarna raises $639M at a $45.6B valuation amid ‘massive momentum’ in the US

TechCrunch LA

billion in volume for the entire fiscal year of 2021 and Afterpay is projecting $16 billion in volume for its entire fiscal year. . March 2021 also represented a record month for global shopping volume with $6.9 in markets such as New York and Los Angeles. billion of purchases made through the Klarna platform.

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

TechCrunch LA

and OMERS Growth Equity. Historically, legal practice management software was limited to server-based solutions designed for enterprise businesses — not small law firms, Newton said. In 2018, Clio made its first acquisition with its buy of Lexicata, a Los Angeles-based legal tech startup. Rowe Price Associates Inc.

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