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Los Angeles investors and entrepreneurs launch PledgeLA, a diversity and inclusion program

TechCrunch LA

In an attempt to boost diversity and inclusion efforts and civic engagement between the growing technology industry in Los Angeles and the community that surrounds it, over 80 venture capitalists and entrepreneurs joined the city’s mayor, Eric Garcetti, and the non-profit Annenberg Foundation to announce PledgeLA. The landmark.

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Los Angeles Ranked Top Metro Area for Tech Funding and Exits

L.A. Business Journal

Los Angeles raised more than $100 million, beating Boston in total mega financing rounds, according to a recent report from CB Information Services Inc.

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Report: Los Angeles, New York Better For Female Founders

socalTECH

A report, issued earlier this week by venture firm the Female Founders Fund , says that Los Angeles, and New York, are better markets than Silicon Valley to find funding for female founders. READ MORE>>.

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Report: Autonomy Running Out Of Money

socalTECH

A report from Business Insider says that Los Angeles-based electric vehicle subscription company Autonomyis running out of money and in "dire straits". According to the report, the company--which offers up Tesla vehicles on a subscription basis--is in the midst of attempting to find emergency funding.

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Port of Los Angeles Wins $41M For Hydrogen Fuel Cell Project

socalTECH

The Port of Los Angeles reported late Friday that it has received a preliminary award of $41M, from the California Air Resource Board (CARB), for a high tech hydrogen fuel cell freight project. The Port said the project has a total cost of $82,568,872, with partners providing 50.2%, or $41,446,612 in match funding.

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India’s Haptik acqui-hires Los Angeles startup Convrg in international expansion push

TechCrunch LA

On Tuesday, Haptik announced it has acqui-hired Convrg, a Los Angeles-based startup that develops chatbots, to serve customers in North America. Convrg’s cofounders — Audrey Wu, Liz Snower and Amit Gupta — will report to Carey, who until recently held a similar position at IPSoft, another AI-driven firm.

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Los Angeles Accelerator Report Card: Too Early To Tell

socalTECH

There's been a surge in startup accelerator activity in Los Angeles in the last year, as interest in starting a company in the region has grown, and a wide range of experienced entrepreneurs and investors have pitched in to help companies get to the next level. Of that, $97.47 in companies associated with digital studio Science Inc.