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Faraday Future Unveils Formula-E Racer

socalTECH

Los Angeles-based Faraday Future , the stealthy electric car company, has unveiled its entry into Formula-E , the electric auto racing circuit. According to Faraday Future, Faraday Future Dragon Racing is a partnership between the company and Dragon Racing, and will be its inaugural entry into the Formula-E motorsports.

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Cover Technologies Finds $1.6M For Algorithm Designed Buildings

socalTECH

Gardena, California-based Cover , which develops technology which uses algorithms and software to build custom, prefab buildings, including backyard studios, has raised $1.6M The funding was led by General Catalyst and Khosla Ventures, and also included Fifty Years, Hyperspeed Ventures, and angels. in a seed funding round.

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