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Techstars LA Draws International Companies For 2021 Class

socalTECH

Techstars LA, the startup accelerator headed up by Matt Kozlov, announced its 2021 class this week, drawing an international group of twelve new companies to its startup accelerator in Culver City.

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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. The STTR program is also focused on the transfer of technology from the research institution, rather than just the research alone.

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Manufacturing startup Divergent 3D reduces staff by one-third

TechCrunch LA

1 priority was to ensure long-term financial stability and secure the core team, technology development and customer programs no matter what the scenario, Czinger said, adding that there is still enormous uncertainty surrounding the real impact and duration of the COVID-19 pandemic. The company’s No. Image Credits: Czinger Vehicles.

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

TechCrunch LA

Clio , a software company that helps law practices run more efficiently with its cloud-based technology, announced Tuesday it has raised a $110 million Series E round co-led by T. Historically, legal practice management software was limited to server-based solutions designed for enterprise businesses — not small law firms, Newton said.

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Relativity Space Finds $140M More For 3D Printed Rockets

socalTECH

Los Angeles-based Relativity Space , which is developing technology to 3D print rockets, has raised $140M in a Series C funding round, the company announced on Tuesday morning. Relativity says that its 3D printing technology allows it to accelerate design iterations and manufacturing of rockets. READ MORE>>.

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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.