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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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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. The 10 startups in Yellow’s third batch include: Brightly : a media platform and community that promotes ethical and sustainable brands. ”

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Hyundai taps EV startup Canoo to develop electric vehicles

TechCrunch LA

Hyundai Motor Group said it will jointly develop an electric vehicle platform with Los Angeles-based startup Canoo, the latest startup tapped by the automaker as part of an $87 billion push to invest in electrification and other future technologies.

Startup 310
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Former Snap employees are launching Forge Platform for Ethereum devs

TechCrunch LA

Now the three men are finally ready to take the covers off of the labor of love they’ve been working on and launch Forge Platform , a new toolkit for distributed applications. The first tool is designed to give distributed application developers detailed analysis of how their apps are performing across a variety of smart contracts.

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Midnight Lights Up With $7.5M

socalTECH

Los Angeles-based gaming startup Midnight announced this morning that it has raised $7.5M The funding came from Shima Capital, blockchain platform Forte, gaming community SNACKCLUB, guild and mod platform Overwolf, plus the founders of gaming companies Illuvium and investors Woodstock Fund, FJ Labs, Bixin Ventures, among others.

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Manufacturing startup Divergent 3D reduces staff by one-third

TechCrunch LA

Divergent, the Los Angeles-based startup aiming to revolutionize vehicle manufacturing, has cut about one-third of its staff amid the COVID-19 pandemic that has upended startups and major corporations alike. Divergent 3D made Blade — which was on the auto show circuit in 2016 — to demonstrate the technology platform.

Startup 251
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Canada’s newest unicorn: Clio raises $110M at a $1.6B valuation for legal tech

TechCrunch LA

The investment also brings its total capital raised since its 2008 inception to $386 million. Historically, legal practice management software was limited to server-based solutions designed for enterprise businesses — not small law firms, Newton said. Clio was formed to change that.

Platform 244