Tech.Co

AUGUST 25, 2021

A California judge has ruled that Proposition 22 violates the state's constitution. Under the less-than-a-year-old measure, gig-economy app companies like Uber and DoorDash could classify their workers as independent contractors rather than employees as they would otherwise be considered. Alameda County Superior Court Judge Frank Roesch made the ruling, arguing that the law improperly limits the state's ability to protect its workers.

News 140

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socalTECH

AUGUST 25, 2021

Los Angeles-based involve.ai, a startup developing artificial intelligence-based customer retention software, said today that it has raised $16M in its Series A funding round. The funding was led by Sapphire Ventures, and also included Bonfire Ventures, Greycroft, Launch Capital, BDMI plus new investors GTMfund, Fenwick, Gokul Rajaram, Stanford University and Michael Whitmire.

Artificial Inteligence 113

Artificial Inteligence Customer Custom Los Angeles 113

L.A. Business Journal

AUGUST 25, 2021

Wellness company Headspace will merge with on-demand mental health platform Ginger.io.

Demand 130

Demand Platform Company Companies 130

socalTECH

AUGUST 25, 2021

San Diego-based Shield AI, a startup developing AI and self driving technologies for aircraft, has raised $210M in a Series D investment round, according to the company. The funding was led by Disruptive, and also included Point72 Ventures, Breyer Capital, and Andreessen Horowitz. Shield AI says it is focused on the defense market. The company said the new funding round will go towards accelerate its plans for growth across both the defense and commercial industries.

San Diego 113

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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

Startup Professionals Musings

AUGUST 25, 2021

In my role as mentor to business professionals, I often get the question about your potential of going out on your own as an entrepreneur, versus your current role of working for a boss at an established company. Of course, that’s a personal decision, with many considerations and risks, but in my experience, the answer depends on some key mindset elements you can best assess.

Entrepreneur 158

Entrepreneur Satisfaction Ideas Social Media 158

socalTECH

AUGUST 25, 2021

Westlake Village-based Energy Vault, which is developing gravity-based, grid-scale energy storage systems, has raised $100M in its Series C funding round, the company announced this morning. The funding was led by Prime Movers Lab, and also included SoftBank Vision Fund, Saudi Aramco Energy Ventures, Helena, and Idealab X plus new investors, including Pickering Energy Partners through its Energy Equity Opportunity Fund, SailingStone Global Energy Transition, A.T.

Westlake Village 113

Westlake Village Idealab Equity Platform 113