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Boulder Electric Vehicles Shuts LA Facility

socalTECH

Boulder Electric Vehicles , a startup developing electric powered has shut down its production facility in Chatsworth, as the company looks for a buyer. The DailY News reports that the family laid off around 50 people at the Chatsworth plant as a result of the shutdown, as the company has "mothballed" its operations.

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Bragstr Combines Fantasy Sports, Sport Wagering

socalTECH

Bragstr , a new startup based in Chatsworth, said today that it has launched a new service which combines fantasy sports and social gaming. The new startup is headed by Jon Knarreborg. The site said users can earn players virtual coins which can be redeemed for real world prizes.

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$150,000 Investment from Make in LA for hardware Startups | Batch 2 Application Open

Tech Zulu Event

A great opportunity for any early stage hardware startup. Make in LA makes hardware less hard, working with 5 promising start-ups at a time. Perks include office space, prototype lab, production facilities, mentoring, and investments up to $150,000 in the first 4 months. Up to $150,000 in investments per startup.

Startup 40
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Kinetic Traction Systems, With VC Backing, Takes On Mass Transit Energy Storage

socalTECH

Chatsworth-based Kinetic Traction Systems , a new startup headed by former Pentadyne Power COO Richard Newark, said today that it has launched the firm, and is looking to apply flywheel energy storage to the mass transit and rail market.