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7 Government Small Business Grants to Apply For in May 2024

Tech.Co

There are thousands of grants up for grabs through government website portals, but since this type of financing is designed to support the public, their eligibility criteria tend to be quite specific. Department of Commerce Minority Business Development Agency (MBDA) 🔎 Want to browse the web privately?

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Canoo, the electric vehicle startup formed from Faraday Future’s ashes, seeks $200 million

TechCrunch LA

Canoo is locking in final contracts with its vendors and is going to be in production with prototypes before the end of the year. Canoo said that it intends to use a modular “skateboard” approach to its vehicle design where different form factors can rest atop its chassis.

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Los Angeles-based Ficto launches its Quibi competitor — with Niantic as a content partner

TechCrunch LA

Consumers now have their first chance to sample the wares of a short-form streaming service — and it’s not Quibi. Ficto , a streaming service without a paywall offering interactive dramas, film adaptations, comedies, documentaries, talk shows, game shows, and news, is now live on iOS and Android.

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Manufacturing startup Divergent 3D reduces staff by one-third

TechCrunch LA

The company, which employed about 160 people, laid off 57 workers, according to documents filed with the California Employment Development Department. Structures such as chassis components and subframes, for which Divergent has supply contracts, are going through various testing and validation stages, depending on the program.

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Canoo takes the covers off of its debut electric vehicle

TechCrunch LA

The Canoo designers have departed pretty radically from the traditional designs that other electric vehicle manufacturers have favored going with something that looks more like a VW Microbus than the sport utility vehicle that Byton is aiming for, or Tesla and Fisker’s sportscars and sedans or Rivian’s electric trucks.