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With its Greenlots acquisition, Shell is moving from gas stations to charging stations

TechCrunch LA

Shell, which is making the acquisition through its Shell New Energies US subsidiary, snatched the company from Energy Impact Partners, a cleantech-focused investment firm. “As highways and byways, the future of mobility needs to be electric if there’s any hope of slowing (and ideally halting and reversing) climate change globally.

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Wrench’s on-demand vehicle repair and maintenance service picks up $20 million

TechCrunch LA

Wrench , the Seattle-based on demand vehicle maintenance and repair service for consumers and fleets, has raised $20 million in its latest round of financing. RepairSmith , which operates a similar service out of Los Angeles and San Francisco, is backed by Daimler to provide much the same on-demand repair services.

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Planning 500,000 charging points for EVs by 2025, Shell becomes the latest company swept up in EV charging boom

TechCrunch LA

Shell’s plan to roll out 500,000 electric charging station in just four years is the latest sign of an EV charging infrastructure boom that has prompted investors to pour cash into the industry and inspired a few companies to become public companies in search of the capital needed to meet demand. One more deal soon followed.

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Bird launches Scoot Mopeds in Austin ahead of SXSW

TechCrunch LA

The Scoot Moped — an electric moped born out of Bird’s acquisition of Scoot — will launch in Austin five months after unveiling the shared micromobility vehicle. Bird first unveiled the Scoot Moped in October following its acquisition of Scoot. Initially the mopeds were piloted in Los Angeles, according to Bird. ”

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SpotOn raises $300M at a $3.15B valuation and acquires Appetize

TechCrunch LA

The latest investment is being used to finance the acquisition of another company in the space — Appetize, a digital and mobile commerce payments platform for enterprises such as sports and entertainment venues, theme parks and zoos. The acquisition of Appetize extends SpotOn’s reach to the enterprise space in a major way.

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SURE Scores $8M For Personal Insurance App

socalTECH

Los Angeles- and New York-based SURE , which offers up personal insurance, on-demand, via a mobile app, has raised $8M in a funding round. SURE's mobile app lets users purchase flight, baggage, renters, pet, wedding and smartphone insurance, all without leaving the app. Wayne Slavin is founder and CEO of SURE. READ MORE>>.

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Surf Air Gets Promise Of $200M, If It Goes Public

socalTECH

Los Angeles-based subscription air travel provider Surf Air Mobility Corporation --the latest incarnation of Surf Air--says an investor has promised it $200M in investment, if the company manages to go public. Surf Air Mobility Corp.

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