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Hyundai taps EV startup Canoo to develop electric vehicles

TechCrunch LA

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. Canoo said it will provide engineering services to develop the electric platform.

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Residential renewable energy developer Swell is raising $450 million for distributed power projects in three states

TechCrunch LA

It’s a sign of the distributed nature of renewable energy development and a transition from large-scale power generation projects feeding into utility grids at their edge to smaller, point solutions distributed at the actual points of consumption.

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Cartwheel Collects $1M From Portillo's, Others For On-Demand Delivery

socalTECH

Los Angeles-based Cartwheel, a startup that develops on-demand delivery management software, says it has raised $1M in a seed funding round, which came from TenOneTen Ventures, Act One Ventures, as well as famed hot dog restaurant chain Portillo's Hot Dogs, along with other angels.

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Demand Media Cuts 15, Says Report

socalTECH

Los Angeles-based Demand Media has juts cut fifteen members of the company''s research and development unit, according to a report from Variety. demand media layoff jobs employment richard rosenblatt turnover content' READ MORE>>.

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Helpr Launches On-Demand Babysitting App In SoCal

socalTECH

Los Angeles-based Helpr , the developer of a mobile, on-demand app to help users find a babysitter, has launched in Los Angeles, Orange County, and Santa Barbara, according to the company. Desperate to find a babysitter for the night? READ MORE>>.

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Demand Media, Rachel Ray Partner

socalTECH

Los Angeles-based Demand Media , the online publishing firm headed by Richard Rosenblatt, along with food and cooking celebrity Rachel Ray , said this morning that they are in a multi-year, exclusive partnership to develop co-branded content in the food category. Financial details of the deal were not disclosed.

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Uber Plans Flying Taxis In Los Angeles By 2020

socalTECH

On-demand ridesharing service Uber hopes to bring flying taxis to Los Angeles by 2020, the company said this morning, and has just signed a contract with the U.S. Uber has said it will operate the "ridesharing for the sky" service from special rooftop take-off-and-landing sites throughout Los Angeles. READ MORE>>.