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Silicon Valley Startup To Buy Naming Rights To New LA NFL Stadium For $400M

socalTECH

Sofi , a Silicon Valley startup in the personal finance industry, is getting set to buy naming right to the new NFL stadium being built in Los Angeles, according to a report. Sofi just raised $500M from the Qatar Investment Authority this week, in a deal that gives the company a valuation of $4.3M.

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Vetted Finds $3.47M For In-Home, On-Demand Pet Care In LA

socalTECH

Venice, California-based Vetted , a new startup offering up on-demand, veterinary services at your home, has raised $3.47M in seed funding, the company disclosed this week. The company--which is currently headquartered at Amplify LA--currently only offers up its services in Los Angeles. READ MORE>>.

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Evercar Plans LA Expansion For EV Rentals For Uber, Lyft Drivers

socalTECH

Los Angeles-based Evercar , a company which is developing an electric vehicle sharing network--starting with Los Angeles--says it plans a major expansion in this market, and plans to add as many as 1,000 vehicles in the Greater Los Angeles area.

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Dreaming of Mars, the startup Relativity Space gets its first launch site on Earth

TechCrunch LA

That’s the goal Tim Ellis and Jordan Noone set for themselves when they founded Los Angeles-based Relativity Space in 2015. Now, more than $35 million dollars later , the company has been awarded a multi-year contract to build and operate its own rocket launch facilities at Cape Canaveral Air Force Station in Florida.

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Evercar: Making EVs The Vehicles Of Choice For On-Demand Drivers

socalTECH

Los Angeles-based EverCar (www.myevercar.com) says it has done exactly that, by using both the inherent advantages of electric vehicles and experience managing large vehicle fleets. We spoke with Michael Brylawski , the CEO of the company, to talk about the company--plus how it is hiring and expanding here in Los Angeles.

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