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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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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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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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Trade Desk Chief Strategy Officer Steps Down

socalTECH

Los Angeles-based advertising technology developer The Trade Desk says that its Chief Strategy Officer, Brian Stempeck, will step down from the firm on September 1st. HThe company said Stempeck will continue in an advisory role through January 31, 2021. READ MORE>>.

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Six Tech Startups to Look Out For in 2023

Tech.Co

From state-of-the-art clean energy solutions to breakthrough podcasting platforms, here are six tech startups you should be keeping an eye on in 2023, and beyond. The Palo Alto-based company uses emerging artificial intelligence (AI) technology to tackle pressing questions in cancer care.

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Down bad

TechCrunch LA

Few companies have to deal with the stressed of both crypto and public markets like Coinbase which laid off more than 1,100 people this week, but plenty of startups raised mega-rounds in 2021 to theoretically future-proof their companies. Crypto payment platform Nume raised $2 million in a pre-seed round led by Sequoia India.

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Reflections on 2020: Andy Wilson, Alliance for SoCal Innovation

socalTECH

As you may recall the Alliance's mission is to elevate the region as a global leader in innovation, technology & entrepreneurship. What are you most looking forward to in the technology/startup world in 2021? You will be able to get to all of these posts on our 2020 reflections here.