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Elementary Robotics raises cash to expand in Los Angeles’ growing robotics hub

TechCrunch LA

million in seed funding to begin building a manufacturing facility and expand its presence in Los Angeles as the city continues to grow as a hub for robotics and automation. . After about a year of research, the company launched with an initial investment of $1.2 Elementary Robotics has raised $3.6

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Report: Faraday Future's Chief Designer Resigns

socalTECH

A report this morning says that the Chief Designer for Los Angeles-based Faraday Future , Richard Kim, has resigned--and many employees are skipping work as the company continues to look for investment. The report, from The Verge, follows earlier, high profile executive departures at the electric car designer in November.

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Los Angeles-based childcare and co-working startup Bümo adds more virtual classes for kids at home

TechCrunch LA

The two met in their early twenties when Nguyen was trying to launch a fashion business and Lim was solidifying her career as a social media celebrity and designer. . Based in Los Angeles, Bümo had already managed to lock in a $2.4 Both Nguyen and Lim are serial entrepreneurs. As the pandemic began to spread across the U.S.

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EV Maker BYTON Sets Up New Los Angeles Lab

socalTECH

BYTON , a startup electric vehicle maker backed by Harmony Auto, Auto Investments, League Automotive Technologies, Legend Capital, and Chengdu Group, says it has set up a new lab in Los Angeles, as it expands its global footprint. According to Byton, the new "L.A. Byton is developing autonomous electric vehicles. READ MORE>>.

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Snap’s Yellow accelerator debuts its third batch of investments

TechCrunch LA

The group occupies some familiar spaces for past investments, with a focus on niche social communities, mobile media tools and augmented reality. Snap investment Hardworkers. Wabisabi Design : an augmented reality game studio focused on bit-sized titles. Yellow investment SketchAR. making their way to Los Angeles.

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Report: Faraday Future Loses Key EV Designer

socalTECH

Troubled, Los Angeles-based electric vehicle startup Faraday Future has lost a key electric vehicle designer, among a number of layoffs at the company over the last few weeks, according to a report. READ MORE>>.

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Michelson 20MM Invests In AdmitHub

socalTECH

Los Angeles-based Michelson 20MM Foundation , a private foundation created by spinal surgeon Dr. Gary K. Michelson and his wife, Alya Michelson, said it has made an investment in Boston-based AdmitHub. Financial terms of the investment were not announced.

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