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The Los Angeles-based startup Canoo has finally unveiled its first model, the eponymously named canoo. MORE
The Fortnite phenomenon — the wildly popular battle royale game from Epic Games — has manifested itself in concerned articles , cultural shoutouts and now has sealed its place in the cultural firmament by wrapping up its first “World Cup” which saw the company give away $30 million in prizes. Congrats to all of our winners this weekend at the #FortniteWorldCup Finals. Solo Champion: @bugha Duos Champions: @nyhrox @aquaa ProAM: @Airwaks @RLGRIME Creative: #FishFam @cizzorz @hiimtylerh @suezhoo @zandOfficial pic.twitter.com/ilBs7RTeTv. — Fortnite (@FortniteGame) July 28, 2019. The big winner in today’s solo challenge was sixteen year-old Kyle “ Bugha ” Giersdorf, who won $3 million for beating out the competition in the solo tournament. And, as sports writer Darren Rovell noted on Twitter , Giersdorf’s prize pool is only $800,000 smaller than the pot for the winner of the U.S. Open, which is set to begin in a few weeks at the same stadium. Indeed, the esports prize pool is one of the biggest awards for a popular competitive event. Wimbledon winners will take home less than $3 million and Tiger Woods won $2 million for besting the field of competitors at the Masters. Fortnite’s big moment is also a big deal for competitive esports in the U.S. The biggest prize pool for an esports event in the U.S. was likely meant to plant a flag and show that competitive gaming is something that can capture the attention of a younger audience that has drifted away from watching more traditional pastimes and watching less sports, according to a McKinsey study. Courtesy of McKinseys. Giersdorf, who hails from Pennsylvania and plays professionally for the Los Angeles-based esports team, the Sentinels , became the inaugural Fortnite World Cup solo champion by putting in a dominant performance over the entire weekend of competition. For folks who’ve never played the game (or had it explained to them) Fortnite involves dropping 100 players onto an island where they have to find weapons, build bases and try and eliminate the competition until only one player’s left standing. It’s a cartoon version of the Hunger Games with no bloodshed, a lot of victory dances, and hours of social networking. The game has turned its publisher, Epic Games into a multi-billion dollar business. Certainly it’s one that can afford to front a $30 million prize purse for a few days of competition. Epic Games, the creator of Fortnite, banked a $3 billion profit in 2018. The tournament wasn’t just about solo-play. The company had different rounds for the duos competition featuring two-player teams. That competition, which ended on Saturday, also featured a $3 million prize pool and was won by the European duo of Emil “Nyhrox” Bergquist Pedersen and David “Aqua” W. Epic pulled out all of the stops it could for the multi-day event at Arthur Ashe stadium. In addition to pulling in some of the top names in livestreaming and competitive esports to participate in the event, the company also brought in the DJ Marshmello for a performance. The tournament pulled in nearly 9 million viewers for the final day of the competition on YouTube alone. Over 40 million people tried out for a slot in the World Cup finals. And while the prize pot takes a significant chunk out of the $100 million that Epic has committed to spend on competitions this year, the returns in terms of the social capital and cache’ that Epic has given to the esports world can’t be underestimated. It’s certainly going to change the life of its first World Cup champion. A fact that Giersdorf knows all too well himself. “Emotionally, right now, I don’t feel too much, except I know that this could pretty much change my life forever,” Giersdorf said in an interview with ESPN. “It’s just absolutely unreal.” TC Epic Games esports fortnite fortnite battle royale Los Angeles pennsylvania player social networking Software tiger woods United States video games video gaming wimbledon world cup MORE
Kleiner Perkins , one of the most storied franchises in venture capital, has already invested much of the $600 million it raised last year and is now going back out to the market to raise its 19th fund, according to multiple sources. MORE
When ProGuides pulled the covers off of its service earlier this year, the young Los Angeles-based startup intended to give gamers a way to train with professional and semi-pro esports players from around the world. MORE
Los Angeles-based ProducePay has inked a $190 million debt facility from Coventure and TCM Capital, to expand its lending business and marketplace for farmers. MORE
Two years after the Los Angeles-based fintech startup Dave launched with a suite of money management tools to save consumers from overdraft fees , the company is now worth $1 billion thanks to a nascent banking practice that had investors lining up. MORE
Dozens of impeccably dressed women outfitted in jumpsuits and Rothy’s gathered at the Greylock offices last week for a “structured networking” session hosted by All Raise , an 18-month-old nonprofit organization that seeks to amplify the voices of and support women in tech. MORE
Hello and welcome back to Startups Weekly, a newsletter published every Saturday that dives into the week’s most noteworthy venture deals, fundraises, M&A transactions and trends. Let’s take a quick moment to catch up. MORE
Just weeks after Canoo took the wraps off of its electric vehicle , the Los Angeles-based startup and co-founder Stefan Krause has been accused of gender and marital discrimination, harassment, breach of contract, and wrongful termination in a lawsuit filed Tuesday. MORE
Los Angeles-based Ordermark , the online delivery management service for restaurants founded by the scion of the famous, family-owned Canter’s Deli, said it has raised $18 million in a new round of funding. The round was led by Boulder-based Foundry Group. MORE
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. MORE
Cann , a Los Angeles-based purveyor of CBD and THC-infused intoxicants, is rolling out its first major distribution through the venture-backed delivery service Eaze as it begins to hit the streets in California. MORE
The Los Angeles startup community is joining the rest of the world in mourning the death of NBA superstar, entrepreneur and investor Kobe Bryant who was killed in a helicopter crash in Calabasas, Calif., shortly before 10 a.m. on Sunday. MORE
When Ezra first launched about six months ago, the company was using magnetic resonance imaging machines to test for prostate cancer in men. But the company’s founder, Emi Gal, always had a larger goal. MORE
Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. The spotlight this week is back on Tencent, which has made some interesting moves in gaming and content publishing. MORE
Real estate is a big business in the sprawling city of Los Angeles, and new technology tools to target the industry continue to attract investor attention. The latest of these is Luxury Presence , which pitches digital marketing services to real estate agents and has raked in $5.4 MORE
Danielle Bernstein is just 27 years old, but she’s been running her own business for 10 years. First it was street-style photography, then came the launch of her popular fashion blog WeWoreWhat. MORE
PodcastOne , the celebrity podcasting network from the founder of radio powerhouse WestwoodOne, is launching a free hosting platform for podcasters. MORE
Burst , the subscription dental care service, with the pretty, pretty toothbrushes, has now added a sleek dental floss product to its monthly kits. MORE
Doctours , a Los Angeles-based online platform for booking trips and treatments for medical and dental care around the world, is expanding its services to 35 countries. MORE
When Arianna Huffington stepped down from her role at the Huffington Post to start Thrive Global, she said the goal of her new business was to help a generation “avoid the burnout that all too often comes with success today.” MORE
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. . MORE
Last Monday a group of millionaires and billionaires took a trip to an industrial site in Lancaster, Calif. to witness the achievement of what could represent a giant leap forward in the effort to decarbonize some of the world’s most carbon intensive industries. MORE
Earbuds , a new startup from Austin founded by former Detroit Lions lineman Jason Fox, wants to bring the power of social media to your eardrums. MORE
The future of rocket manufacturing has touched down in Mississippi. At NASA’s John C. Stennis Space Center , nestled in Hancock County, Miss., MORE
With $140 million in new financing, Relativity Space is now one step closer to fulfilling its founders’ vision of making the first rockets on Mars. MORE
Los Angeles is one of the most desirable locations for commercial real estate in the United States, so it’s little wonder that there’s something of a boom in investments in technology companies servicing the market coming from the region. It’s one of the reasons that CREXi , the commercial real estate marketplace, was able to establish a strong presence for its digital marketplace and toolkit for buyers, sellers, and investors. MORE
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. Twitter will free up handles by deleting inactive accounts. MORE
Throughout 2019, a number of mobility companies launched in additional markets, while many pulled out of areas that no longer served them. Meanwhile, transportation startups continued to raise more money even as they laid off employees, a sign that industry consolidation has officially begun. MORE
When Stackin initially pitched itself as part of Techstars Los Angeles accelerator program two years ago, the company was a video platform for financial advice targeting a millennial audience too savvy for traditional advisory services. MORE
Riot Ventures , the Los Angeles-based, early-stage and deep technology investment firm is going out to market to raise a $75 million second fund to finance the development of startups in LA and beyond, according to fundraising documents viewed by TechCrunch. MORE
Beyond Meat, the publicly traded producer of plant-based protein replacements for meat, is currently giving other companies in the alternative meat space an education in just how finicky appealing to consumer tastes can be. MORE
Most of the venture capital firms covered in TechCrunch and other tech publications compete for a spot on the cap table of the hottest Bay Area, New York or Los Angeles companies of the moment. Few seek out companies in Indianapolis, Milwaukee or Tampa. MORE
Max Q is a new weekly newsletter all about space. Sign up here to receive it weekly on Sundays in your inbox. Two rocket launches were set to take off Sunday , including one from Wallops Island in Virginia and another from Cape Canaveral in Florida. MORE
Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy news pertaining to startups and venture capital. Before I jump into today’s topic, let’s catch up a bit. Last week, I profiled an e-commerce startup Part & Parcel. MORE
Shuttle startup Via and the city of Cupertino are launching an on-demand public transportation network, the latest example of municipalities trying out alternatives to traditional buses. MORE
TechCrunch LA
FEBRUARY 11, 2020
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.
TechCrunch LA
JANUARY 26, 2020
The Los Angeles startup community is joining the rest of the world in mourning the death of NBA superstar, entrepreneur and investor Kobe Bryant who was killed in a helicopter crash in Calabasas, Calif., shortly before 10 a.m. on Sunday.
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TechCrunch LA
NOVEMBER 27, 2019
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. Twitter will free up handles by deleting inactive accounts.
TechCrunch LA
OCTOBER 16, 2019
When Arianna Huffington stepped down from her role at the Huffington Post to start Thrive Global, she said the goal of her new business was to help a generation “avoid the burnout that all too often comes with success today.”
TechCrunch LA
JANUARY 19, 2020
Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. The spotlight this week is back on Tencent, which has made some interesting moves in gaming and content publishing.
TechCrunch LA
SEPTEMBER 30, 2019
Two years after the Los Angeles-based fintech startup Dave launched with a suite of money management tools to save consumers from overdraft fees , the company is now worth $1 billion thanks to a nascent banking practice that had investors lining up.
TechCrunch LA
SEPTEMBER 18, 2019
Most of the venture capital firms covered in TechCrunch and other tech publications compete for a spot on the cap table of the hottest Bay Area, New York or Los Angeles companies of the moment. Few seek out companies in Indianapolis, Milwaukee or Tampa.
TechCrunch LA
FEBRUARY 10, 2020
Max Q is a new weekly newsletter all about space. Sign up here to receive it weekly on Sundays in your inbox. Two rocket launches were set to take off Sunday , including one from Wallops Island in Virginia and another from Cape Canaveral in Florida.
TechCrunch LA
SEPTEMBER 24, 2019
The Los Angeles-based startup Canoo has finally unveiled its first model, the eponymously named canoo.
TechCrunch LA
JANUARY 11, 2020
Throughout 2019, a number of mobility companies launched in additional markets, while many pulled out of areas that no longer served them. Meanwhile, transportation startups continued to raise more money even as they laid off employees, a sign that industry consolidation has officially begun.
TechCrunch LA
OCTOBER 8, 2019
Just weeks after Canoo took the wraps off of its electric vehicle , the Los Angeles-based startup and co-founder Stefan Krause has been accused of gender and marital discrimination, harassment, breach of contract, and wrongful termination in a lawsuit filed Tuesday.
TechCrunch LA
JANUARY 7, 2020
Real estate is a big business in the sprawling city of Los Angeles, and new technology tools to target the industry continue to attract investor attention. The latest of these is Luxury Presence , which pitches digital marketing services to real estate agents and has raked in $5.4
TechCrunch LA
OCTOBER 16, 2019
Dozens of impeccably dressed women outfitted in jumpsuits and Rothy’s gathered at the Greylock offices last week for a “structured networking” session hosted by All Raise , an 18-month-old nonprofit organization that seeks to amplify the voices of and support women in tech.
TechCrunch LA
AUGUST 7, 2019
PodcastOne , the celebrity podcasting network from the founder of radio powerhouse WestwoodOne, is launching a free hosting platform for podcasters.
TechCrunch LA
JANUARY 24, 2020
Los Angeles is one of the most desirable locations for commercial real estate in the United States, so it’s little wonder that there’s something of a boom in investments in technology companies servicing the market coming from the region. It’s one of the reasons that CREXi , the commercial real estate marketplace, was able to establish a strong presence for its digital marketplace and toolkit for buyers, sellers, and investors.
TechCrunch LA
AUGUST 7, 2019
Earbuds , a new startup from Austin founded by former Detroit Lions lineman Jason Fox, wants to bring the power of social media to your eardrums.
TechCrunch LA
JANUARY 28, 2020
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. .
TechCrunch LA
JULY 28, 2019
The Fortnite phenomenon — the wildly popular battle royale game from Epic Games — has manifested itself in concerned articles , cultural shoutouts and now has sealed its place in the cultural firmament by wrapping up its first “World Cup” which saw the company give away $30 million in prizes. Congrats to all of our winners this weekend at the #FortniteWorldCup Finals. Solo Champion: @bugha Duos Champions: @nyhrox @aquaa ProAM: @Airwaks @RLGRIME Creative: #FishFam @cizzorz @hiimtylerh @suezhoo @zandOfficial pic.twitter.com/ilBs7RTeTv. — Fortnite (@FortniteGame) July 28, 2019. The big winner in today’s solo challenge was sixteen year-old Kyle “ Bugha ” Giersdorf, who won $3 million for beating out the competition in the solo tournament. And, as sports writer Darren Rovell noted on Twitter , Giersdorf’s prize pool is only $800,000 smaller than the pot for the winner of the U.S. Open, which is set to begin in a few weeks at the same stadium. Indeed, the esports prize pool is one of the biggest awards for a popular competitive event. Wimbledon winners will take home less than $3 million and Tiger Woods won $2 million for besting the field of competitors at the Masters. Fortnite’s big moment is also a big deal for competitive esports in the U.S. The biggest prize pool for an esports event in the U.S. was likely meant to plant a flag and show that competitive gaming is something that can capture the attention of a younger audience that has drifted away from watching more traditional pastimes and watching less sports, according to a McKinsey study. Courtesy of McKinseys. Giersdorf, who hails from Pennsylvania and plays professionally for the Los Angeles-based esports team, the Sentinels , became the inaugural Fortnite World Cup solo champion by putting in a dominant performance over the entire weekend of competition. For folks who’ve never played the game (or had it explained to them) Fortnite involves dropping 100 players onto an island where they have to find weapons, build bases and try and eliminate the competition until only one player’s left standing. It’s a cartoon version of the Hunger Games with no bloodshed, a lot of victory dances, and hours of social networking. The game has turned its publisher, Epic Games into a multi-billion dollar business. Certainly it’s one that can afford to front a $30 million prize purse for a few days of competition. Epic Games, the creator of Fortnite, banked a $3 billion profit in 2018. The tournament wasn’t just about solo-play. The company had different rounds for the duos competition featuring two-player teams. That competition, which ended on Saturday, also featured a $3 million prize pool and was won by the European duo of Emil “Nyhrox” Bergquist Pedersen and David “Aqua” W. Epic pulled out all of the stops it could for the multi-day event at Arthur Ashe stadium. In addition to pulling in some of the top names in livestreaming and competitive esports to participate in the event, the company also brought in the DJ Marshmello for a performance. The tournament pulled in nearly 9 million viewers for the final day of the competition on YouTube alone. Over 40 million people tried out for a slot in the World Cup finals. And while the prize pot takes a significant chunk out of the $100 million that Epic has committed to spend on competitions this year, the returns in terms of the social capital and cache’ that Epic has given to the esports world can’t be underestimated. It’s certainly going to change the life of its first World Cup champion. A fact that Giersdorf knows all too well himself. “Emotionally, right now, I don’t feel too much, except I know that this could pretty much change my life forever,” Giersdorf said in an interview with ESPN. “It’s just absolutely unreal.” TC Epic Games esports fortnite fortnite battle royale Los Angeles pennsylvania player social networking Software tiger woods United States video games video gaming wimbledon world cup
TechCrunch LA
JULY 24, 2019
Cann , a Los Angeles-based purveyor of CBD and THC-infused intoxicants, is rolling out its first major distribution through the venture-backed delivery service Eaze as it begins to hit the streets in California.
TechCrunch LA
JULY 29, 2019
When Stackin initially pitched itself as part of Techstars Los Angeles accelerator program two years ago, the company was a video platform for financial advice targeting a millennial audience too savvy for traditional advisory services.
TechCrunch LA
NOVEMBER 19, 2019
Last Monday a group of millionaires and billionaires took a trip to an industrial site in Lancaster, Calif. to witness the achievement of what could represent a giant leap forward in the effort to decarbonize some of the world’s most carbon intensive industries.
TechCrunch LA
FEBRUARY 13, 2020
Riot Ventures , the Los Angeles-based, early-stage and deep technology investment firm is going out to market to raise a $75 million second fund to finance the development of startups in LA and beyond, according to fundraising documents viewed by TechCrunch.
TechCrunch LA
JANUARY 29, 2020
Kleiner Perkins , one of the most storied franchises in venture capital, has already invested much of the $600 million it raised last year and is now going back out to the market to raise its 19th fund, according to multiple sources.
TechCrunch LA
DECEMBER 20, 2019
Burst , the subscription dental care service, with the pretty, pretty toothbrushes, has now added a sleek dental floss product to its monthly kits.
TechCrunch LA
OCTOBER 1, 2019
With $140 million in new financing, Relativity Space is now one step closer to fulfilling its founders’ vision of making the first rockets on Mars.
TechCrunch LA
AUGUST 29, 2019
When ProGuides pulled the covers off of its service earlier this year, the young Los Angeles-based startup intended to give gamers a way to train with professional and semi-pro esports players from around the world.
TechCrunch LA
JULY 29, 2019
Los Angeles-based Ordermark , the online delivery management service for restaurants founded by the scion of the famous, family-owned Canter’s Deli, said it has raised $18 million in a new round of funding. The round was led by Boulder-based Foundry Group.
TechCrunch LA
JULY 9, 2019
Doctours , a Los Angeles-based online platform for booking trips and treatments for medical and dental care around the world, is expanding its services to 35 countries.
TechCrunch LA
NOVEMBER 4, 2019
Danielle Bernstein is just 27 years old, but she’s been running her own business for 10 years. First it was street-style photography, then came the launch of her popular fashion blog WeWoreWhat.
TechCrunch LA
JUNE 11, 2019
The future of rocket manufacturing has touched down in Mississippi. At NASA’s John C. Stennis Space Center , nestled in Hancock County, Miss.,
TechCrunch LA
OCTOBER 7, 2019
Shuttle startup Via and the city of Cupertino are launching an on-demand public transportation network, the latest example of municipalities trying out alternatives to traditional buses.
TechCrunch LA
DECEMBER 10, 2019
Los Angeles-based ProducePay has inked a $190 million debt facility from Coventure and TCM Capital, to expand its lending business and marketplace for farmers.
TechCrunch LA
MAY 25, 2019
Hello and welcome back to Startups Weekly, a newsletter published every Saturday that dives into the week’s most noteworthy venture deals, fundraises, M&A transactions and trends. Let’s take a quick moment to catch up.
TechCrunch LA
MAY 23, 2019
When Ezra first launched about six months ago, the company was using magnetic resonance imaging machines to test for prostate cancer in men. But the company’s founder, Emi Gal, always had a larger goal.
TechCrunch LA
JANUARY 29, 2020
Beyond Meat, the publicly traded producer of plant-based protein replacements for meat, is currently giving other companies in the alternative meat space an education in just how finicky appealing to consumer tastes can be.
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