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Startups Win $25,000 In CSULB Challenge

socalTECH

Two startups won a total of $25,000 in prizes last week at the Sunstone Innovations Challenge at CSULB, a startup pitch competition involving student teams from CSU Long Beach. The runner up was UNWIND, which is developing personalized meditation programs, which received $10,000 in seed funding.

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Dray Alliance Finds $3.5M For Short Haul Logistics

socalTECH

Los Angeles-based Dray Alliance , a startup focused on on-demand, short haul container delivery, has raised $3.5M in a seed funding round, the company said on Monday. The funding came from Craft Ventures, the venture funding company run by David Sacks. Dray Alliance is led by CEO Steve Wen. READ MORE>>.

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With a $3.5 million haul, Dray Alliance joins a booming logistics startup scene in LA

TechCrunch LA

With an angle on a long-neglected part of the shipping industry — the short-haul movement of cargo from docks to logistics centers — Dray Alliance is joining a growing startup scene for logistics businesses based in Los Angeles. Trucking logistics company NEXT Trucking takes in a $21 million haul. The company has raised $3.5

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