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RepairSmith Acquired By AutoNation For $190M

socalTECH

Los Angeles-based mobile automotive repair and maintenance startup RepairSmith has been acquired by automotive retailer AutoNation said on Monday. According to AutoNation, it will pay $190M for RepairSmith, in a deal which is expected to close in the first quarter of 2023.

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Flying taxi startup Blade is helping Silicon Valley CEOs bypass traffic

TechCrunch LA

One year after a $38 million Series B valued on-demand aviation startup Blade at $140 million, the company has begun taxiing the Bay Area’s elite. The goal is to shorten trips made excruciatingly long due to bad traffic in major cities like New York, Los Angeles and San Francisco.

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Micromobility in limbo: Takeaways from Paris and LA

TechCrunch LA

We decided to take a look at two cities that were at the forefront of the e-scooter revolution – Los Angeles and Paris. Lime told TechCrunch that 90% of its fleet in Paris is used everyday, and a scooter trip starts every four seconds in the city. Are shared e-scooters the answer to that, or are they just another shitty option?

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Archer Aviation aims to launch network of urban air taxis in Los Angeles by 2024

TechCrunch LA

Archer Aviation, the electric aircraft startup that recently announced a deal to go public via a merger with a blank-check company, plans to launch a network of its urban air taxis in Los Angeles by 2024. an increasingly common financial path that allows the startup to eschew the once traditional IPO process.