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Relativity, a new star in the space race, raises $140 million for its 3-D printed rockets

TechCrunch LA

Manufacturing can be done within 60 days, according to the company’s claims, and its vehicles have a payload capacity of up to 1250 kilograms ( SpaceX’s largest rockets will have roughly 100 times that payload capacity). space industry. “We’re really really truly focused on the rockets for now,” says Ellis.

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Private tech companies mobilize to address shortages for medical supplies, masks and sanitizer

TechCrunch LA

While some of the largest privately held technology companies, like SpaceX and Tesla , have shifted to manufacturing ventilators, smaller companies are also trying to pitch in and relieve scarcity locally. After that, we’re going to meet the demands of Canada,” INKSmith CEO Jeremy Hedges told the Canadian news outlet Global News.

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As Groupon Files For IPO, What SoCal Firms Might Be Next?

socalTECH

Southern California has had its own share of IPOs over the last year, including Demand Media, Active Network, and Boingo Wireless. Backers: Fayez Sarofim & Co, Sequoia Capital, and Technology Crossover Ventures. SpaceX [ profile ]. Those firms are: 1. eHarmony [ profile ]. Business: Online matchmaking/dating. READ MORE>>.

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What Is xAI? Elon Musk Reveals New Startup To Rival OpenAI

Tech.Co

The billionaire SpaceX chief certainly knows how to build an AI company, having co-founded ChatGPT owner OpenAI back in 2015, only to sell his stake three years due to a perceived conflict of interest with his electric vehicle company Tesla. Corp” in Nevada, according to business records seen by the Financial Times.

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All The Questions You Wanted Answered about Bird Scooters and Their Recent $300 Million Funding

Both Sides of the Table

Today the company officially announced its most recent round of capital ?—?having While this reaction to such a valuation is understandable, to anybody who has seen the meteoric rise in consumer demand and actual revenue the valuation is much less surprising and may turn out to be quite conservative. having raised $300 million?—?less

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LA's Innovators Get Spotlight, But Investors Cautious

socalTECH

--but also speculated on if there's enough capital to fund follow on investments for graduates of those accelerators. and who, as Sky Dayton aptly states --know that the one trait that all entrepreneurs must have: perseverance. READ MORE>>.

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Announcing The Socaltech 50: Southern California's Up-and-Comers

socalTECH

Internap , PricewaterhouseCoopers , Demand Media , Stubbs, Alderton & Markiles LLP , Oracle , Cresa Partners , UK Trade & Investment , PIXT , and many others. You can register for the event at Digital Family Reunion.