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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.

Demand 113
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How to increase your valuation by reducing risk       

Berkonomics

In the creation of a young company, there are five principal risks to be addressed by the entrepreneur. Another is to gain the support of a core vendor who is willing to offer special extended terms to the company as its investment in creating the product in a finished state. Why reduce investor risk? Fourth: Financial risk.

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Using Generative AI to Drive Corporate Impact

TechEmpower

TechEmpower has been instrumental in developing chatbots like these, utilizing generative AI to sift through internal documents and user manuals, enabling them to provide precise answers to customer service questions. It also facilitates rapid prototyping, allowing for quicker iterations and thus shorter development cycles.

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Ice Enegy Wins Contracts From SCE

socalTECH

Santa Barbara-based energy storage developer Ice Energy said late Thursday that it has been awarded sixteen contracts from Southern California Edison, providing 25.6 Size of those contracts were not announced by the company. megawatts of energy storage. Ice Energy is backed by SAIL Venture Partners. READ MORE>>.

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Can your lawyer destroy a good business deal?

Berkonomics

And since attorneys are paid to protect, often they will give a litany of warnings about what could go wrong when accepting a contract clause that they have been trained to challenge. The attorney held fast defending every challenge, stating that “these terms are standard for our client and cannot be changed.”

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ChargerHelp raises $2.75M to keep EV chargers working

TechCrunch LA

an on-demand repair app for electric vehicle charging stations, has seen these issues firsthand. “There was an abandoned vehicle parked there and the station was surrounded by mud,” said Terry who is CEO and co-founded the company with Evette Ellis. The company said it has raised $2.75 Powering up. Hiring approach.

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Canoo, the electric vehicle startup formed from Faraday Future’s ashes, seeks $200 million

TechCrunch LA

Less than a month after rebranding as Canoo , the startup electric vehicle company formerly known as Evelozcity is on the hunt for $200 million in new capital. Canoo is locking in final contracts with its vendors and is going to be in production with prototypes before the end of the year. Canoo began life as EVelozcity back in 2017.