article thumbnail

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

TechCrunch LA

Via gets the “deal of the week” designation not just because its post-funding valuation is now $2.25 Via has two sides of its business: a consumer-facing shuttle and a “partnerships” division that sells its software platform to cities and transit authorities that allows them to deploy their own shuttles.

Layoffs 136
article thumbnail

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.

Startup 251