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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. United Airlines, which has a major hub in Los Angeles, was one of the investors in the deal.

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EDF Renewables North America, Clean Power Alliance In Deal For Solar, Storage

socalTECH

The Clean Power Alliance, the local renewable power provider which serves a significant number of Southern California cities, has signed a deal with San Diego-based renewable power developer EDF Renewables North America for a 300 megawatt solar project coupled with a 600 MWh battery storage energy system, the two said this morning.

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Aypa Power Buys Battery Storage Project In Downtown LA

socalTECH

Aypa Power, an energy storage company owned by private equity firm Blackstone, said it is acquiring a 120MW standalone battery energy storage project in downtown Los Angeles. The project is expected to reach commercial operations in 2024. Financial details of the deal were not announced.

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XPRIZE Launches $15 Million Prize For Food Competition

socalTECH

Los Angeles-based XPRIZE said today that it has launched a new competition, the XPRIZE Feed the Next Billion competition. According to XPRIZE, the new competition is being supported by The Tony Robbins Foundation and The Good Food Institute, and aims to challenge teams to developing new chicken and fish alternatives.

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Catasys Finds $45M In Debt Financing For Mental Health Efforts

socalTECH

Los Angeles-based Catasys , a provider of technology that uses artificial intelligence (AI) to predict, identify, and treat mental issues among health plans members, has raised $45M in a debt financing round, the company said on Tuesday. The financing came from Goldman Sachs. According to Catasys, it provides 7 of the 8 largest U.S.

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Relativity is building a 3D-printing rocket manufacturing hub in Mississippi

TechCrunch LA

right on the border of Louisiana, the Los Angeles-based 3D-printed spacecraft manufacturer, Relativity Space , is planning a massive $59 million expansion to make a permanent manufacturing hub in this bucolic corner of the southeast. . The future of rocket manufacturing has touched down in Mississippi. At NASA’s John C.

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Looking to new products, Bev adds strategic investors and redoubles focus on women entrepreneurs

TechCrunch LA

Looking for fellow travelers to join in on its mission to transform the beverage business, the Los Angeles-based startup Bev has taken on fresh capital from a slew of strategic investors. . billion dollar business by 2024, according to bev. trillion, according to data provided by the company. That’s what we’re changing.

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