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SpaceX Plans First Commercial Flights Of Starship In 2021

socalTECH

Hawthorne-based SpaceX is hoping to launch the very first, commercial missions for its Starship spacecraft--designed to deliver passengers to Mars--in 2021, according to the company , and is currently in talks with three companies on those missions. All three of those customers would use the new platform to send satellites into orbit.

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Upfront Ventures Raises > $650 Million for Startups and Returns > $600 Million to LPs

Both Sides of the Table

2021 saw phenomenal returns for our industry and it topped off more than a decade of unprecedented VC growth. Since 2021, Upfront returned more than $600 million to LPs and returned more than $1 billion since 2018. What do you do with a $650 million platform? The answer is: not much.

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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. Companies this year in the program come from as far as Canada, India, and Ukraine.

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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. Canoo said it will provide engineering services to develop the electric platform.

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Netflix employees stage a trans solidarity walkout, pose list of demands

TechCrunch LA

The employees who participated in the walkout want Netflix to “adopt measures to avoid future instances of platforming transphobia and hate speech,” they wrote in a letter. — Most (@Most) October 20, 2021. — Dana Herlihey (@danaherlihey) October 20, 2021. brb walking out. And Netflix f *d up majorly.

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Classy: More Than $1.1 Billion Raised For Nonprofits

socalTECH

billion was raised by its nonprofit customers on its platform in 2021. million of that was in recurring donations on its platform. San Diego-based nonprofit fundraising software developer Classy says that more than $1.1 The company--which helps nonprofits reach out to donors--said about $30.8

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

TechCrunch LA

“Much like how Microsoft Windows defined the operating system for personal computers decades ago, Clio has developed a software platform for law firms and their clients that is cloud-based and client-centric by design,” Newton said. With 5 new unicorns in first week of 2021, are we in for a stampede this year?

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