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The Station: Via hits $2.25B valuation, letters from readers, layoffs in a time of COVID-19

TechCrunch LA

This week, we’ll highlight Via’s Series E funding round that was led by Exor. Via gets the “deal of the week” designation not just because its post-funding valuation is now $2.25 Deal of the week. The on-demand shuttle startup raised $400 million, TechCrunch learned. Other deals: Qcraft.ai

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Manufacturing startup Divergent 3D reduces staff by one-third

TechCrunch LA

The company developed an additive manufacturing platform designed to make it easier and faster to design and build new cars at a fraction of the cost — all while reducing the environmental impact that traditional factories have. Divergent 3D was born out of that initial exploration. Image Credits: Czinger Vehicles.

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