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Honk Technologies Adds $18M For On Demand Towing

socalTECH

Santa Monica-based Honk Technologies , the on-demand, roadside assistance app startup led by Corey Brundage, said Wednesday that it has raised $18M in a new funding round. The funding was led by Altpoint Ventures, and also included Structure Capital and Venture 51. Honk previously raised $12M in a funding round in 2015.

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Food Rocket blasts off after securing funding, grocery delivery deal with Circle K parent

TechCrunch LA

Food Rocket has taken an unconventional route, striking a funding deal with Alimentation Couche-Tard Inc. On-demand grocery startup Food Rocket launches in the Bay Area, goes up against delivery giants. Many grocery delivery startups begin small, in one city, building up locations to cater to a certain neighborhood.

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Claiming a landmark in fusion energy, TAE Technologies sees commercialization by 2030

TechCrunch LA

In a small industrial park located nearly halfway between Los Angeles and San Diego, one company is claiming to have hit a milestone in the development of a new technology for generating power from nuclear fusion. ” TAE Technologies Michl Binderbauer standing next to the company’s novel fusion reactor. .”

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Heal Finds $26.9M More In Funding To Expand Access To On-Demand Doctors

socalTECH

Santa Monica-based Heal , the on-demand doctor's house call startup, said this morningg that it has raised $26.9M in a Series A funding. The funding was led by Tull investment Group, and also included Breyer Capital, Paul Jacobs (Qualcomm), David Ellison (Skydance Media), Hashtag One, and Slow Ventures. READ MORE>>.

Demand 100
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Every Startup Goes Through Distinctive Funding Phases

Startup Professionals Musings

It’s helpful to think of startups as proceeding through several stages, which I have defined a long time ago from a funding perspective. The alternative is to work with an innovation institute to evaluate your technology, or hire a consultant. Funding or rollout stage. Don’t waste your resources on the wrong ones.

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Fifth Wall adds new partner as it seeks at least $200 million for a new climate impact fund

TechCrunch LA

When it first launched nearly three years ago, Fifth Wall had a vision of leveraging capital limited partners from across the real estate development and construction business to back the technologies the industry needed most. billion in assets under management.

Funding 240
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SUN Plans New Scooter For Crowded On Demand Scooter Market

socalTECH

Is there room on your curb for (yet another) on-demand scooter company? SUN said its new custom shared scooter has 10 inch, solid tires, 30 percent better battery capacity than what it's using now, and "all new technology" compared to its existing scooters, and is far more durable. SUN did not say how many scooters it has deployed.

Demand 124