TechCrunch LA

JUNE 30, 2020

Two years and more than $17 million after it first began working on its robots for quality assurance, the Los Angeles-based Elementary Robotics has finally made its products commercially available. The company already boasts a few very large initial customers in the automotive industry, consumer packaged goods and aerospace and defense, including Toyota, according to chief executive Arye Barnehama.

Artificial Inteligence 234

Artificial Inteligence Los Angeles Startup Customer 234

socalTECH

JUNE 30, 2020

Santa Ana-based Aegis Technology , a developer of materials technology, has been selected for a $125,000 grant from NASA , to help develop low cost lithium-ion batteries with more desirable performance, including longer lifespans, NASA said on Tuesday. Aegis--one of a large number of companies selected for NASA SBIR and STTR grants this week--was highlighted as part of the announcement of $51M in awards for US small businesses.

Technology 124

Technology Help Develop Development 124

socalTECH

JUNE 30, 2020

A new, Los Angeles-based startup, Order For Me , says it has launched a new, mobile platform aimed at helping restaurant customers order from menus in a "completely touchless" way. According to the startup, it has launched a new product which uses QR technology or designated restaurant codes, to let diners view menus, place their orders, and which goes directly to restaurants.

Mobile 124

Mobile Los Angeles Design Platform 124

socalTECH

JUNE 30, 2020

Irvine-based NetObjex , which is developing products in the AI, IoT, and Blockchain area, said today that it has acquired VitalGrid , a provider of business technology and management consulting. Financial terms of the acquisition were not announced. According to NetObjex, the acquisition will help it expand capabilities in a number of vertical markets, including manufacturing, supply chain, smart cities, fintech, and others.

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Acquisition Help Marketing Product 124

Advertiser: Aggregage

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

Company

socalTECH

JUNE 30, 2020

Los Angeles-based Jukin Media says it has surpassed $25M in total royalty payments to video creators which it represents, with $1M in royalty payments alone in Q1 of 2020. The company--best known for finding and representing the creators of viral videos--says it is seeing an uptick in interest from TV shows and commercials, as the global pandemic has slowed the entertainment industry to a halt.

Media 113

Media Advertising Entertainment Los Angeles 113

socalTECH

JUNE 30, 2020

Los Angeles-based Elementary Robotics , a new startup led by startup veteran Arye Barnehama, said on Tuesday that it has raised $12.7M in funding for its industrial robotics company. The funding was led by Threshold Ventures, and also included Fika Ventures, Fathom Capital, and Toyota AI Ventures. According to the company, it has now raised $15M in total.

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Los Angeles Funding Startup Capital 113

socalTECH

JUNE 30, 2020

Los Angeles-based Rubicon Project is no more, and has become Magnite , the company said this morning, after the completion of the merger between Rubicon Project and Telaria in April. According to Magnite, the newly named firm also will change its Nasdaq ticker symbol from RUBI to MGNI tomorrow, on July 1st. The company says it is now the "largest independent sell-side advertising platform".

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Advertising Platform Los Angeles Mobile 113