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Los Angeles Lures Electric Vehicle Firm, Backed By Warren Buffett

socalTECH

Los Angeles has lured BYD , a Chinese alternative-energy auto maker, to the city, as Southern California seems to have become a magnet for electric and other alternative automotive firms. The City of Los Angeles said that the firm will open a headquarters at 1800 South Figueroa for its North American operations.

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Carrot Group Ties With Lenovo On STEAM Education

socalTECH

Los Angeles-based Carrot Group, which develops an e-sports based product to engage students in learning science, technology, engineering, arts and math (STEAM) skills, says it is in a collaboration with Lenovo to expand adoption of its product in school districts. Financial and other details of the partnership were not announced.

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Epoxy Gets $6.5M For Social Video Tools

socalTECH

Los Angeles-based Epoxy said this morning that it has raised $6.5M According to the company, the investment came from Upfront Ventures and Time Warner Investments, along with prior investors, Bertelsmann Digital Media Investments, Advancit Capital, Greycroft Partners and Robert Downey Jr.'' s Downey Ventures. READ MORE>>.

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Epoxy Inks Deals With Fullscreen, AwesomenessTV, Others

socalTECH

Los Angeles-based Epoxy , the social engagement software develoled by Juan Bruce, announced a long list of partnerships this morning with YouTube MCNs. Epoxy is venture backed by Upfront Ventures, Time Warner Investments, Bertelsmann Digital Media Investments, Advancit Capital, Greycroft Partners and Robert Downey Jr.''s

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How Epoxy Is Helping Content Creators Make Their Video More Social

socalTECH

Los Angeles-based Epoxy (www.epoxy.tv) launched yesterday to help content creators do just that. We spoke with co-founders Juan Bruce and Jason Ahmad about Epoxy''s mission, its roots from projects at Team Downey, the production firm of Robert Downey Jr., We had been looking at for use at Team Downey, internally.

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LA’s socially conscious bank challenger, Aspiration, launches a carbon offset credit card

TechCrunch LA

The Los Angeles-based company, which has raised roughly $250 million from investors including the celebrities Leonardo DiCaprio, Robert Downey Jr.’s wouldn’t say how much about the terms of the card or the credit limits available.

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Maker Studios Confirms Blip Buy

socalTECH

Los Angeles-based YouTube network Maker Studios confirmed its acuqisition of Blip , the company announced Friday, two weeks after word leaked out about the acquisition. Maker Studios is venture backed by Greycroft Partners, Downey Ventures, Time Warner, M+C, and others. Financial terms of the deal have not been announced.

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