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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. However, he did confirm to TechCrunch that he had to reduce staff due to the COVID-19 pandemic. The company’s No.

Startup 251
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Relativity is building a 3D-printing rocket manufacturing hub in Mississippi

TechCrunch LA

right on the border of Louisiana, the Los Angeles-based 3D-printed spacecraft manufacturer, Relativity Space , is planning a massive $59 million expansion to make a permanent manufacturing hub in this bucolic corner of the southeast. .” The future of rocket manufacturing has touched down in Mississippi. At NASA’s John C.

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Startups have about $1 trillion worth of reasons to love the Biden infrastructure plan

TechCrunch LA

The sweeping infrastructure package put forward today by President Joe Biden comes with a price tag of roughly $2 trillion (and hefty tax hikes) but gives startups and the broader tech industry about $1 trillion worth of reasons to support it. ” Climate resiliency . Given the steady drumbeat of climate disasters that hit the U.S.

Startup 229
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Ghost appears with new funding, marketplace to match buyers with unsold products

TechCrunch LA

Josh Kaplan and Dee Murthy, both founder and co-CEO of the Los Angeles–based company, started Ghost in 2021 after previously working together at Four Five Group, a men’s apparel business. Twenty years ago, if you started a brand, your first hire, outside of a designer, would have been a salesperson,” Murthy told TechCrunch.

Product 191
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GM exits car-sharing business and shuts down Maven

TechCrunch LA

Maven had paused service due to the COVID-19 pandemic. Maven continued to operate in Detroit, Los Angeles, Washington, D.C. Maven had already suspended its consumer car-sharing and a peer-to-peer service due to COVID-19. GM’s experiment with car sharing is over. and Toronto.

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Interview with Krisztina Holly, Good Growth Capital

socalTECH

Earlier this week, Good Growth Capital (www.goodgrowthvc.com) announced it has started looking at investments in Southern California, adding Krisztina Holly as West Coast Venture Partner for the firm. What kinds of areas does the fund make investments in? We do pre-Seed to Series A deals. We love coinvesting with great investors.

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The Audacious Plan to Make Electricity as Easy as WiFi

Both Sides of the Table

The practical uses for uBeam technology is limitless. Here is where having Marc Berte and a team out of MIT who have designed systems like this for years gave one confidence we could do something others couldn’t copy and at price points that could make us market leaders over night. We hired IP specialists to review prior art.