Recent and archived news stories on: aerospace, alternative energy, automotive, nanotech, robotics, software providers, telecom, tech start-ups, social media companies

OpenDrives Raises $20 Million to Grow Data Storage Business

Culver City-based company OpenDrives Inc. has raised $20 million in a Series B funding round led by IAG Capital Partners.

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SpaceX Launches New Batch of Starlink Satellites

Space Exploration Technologies Corp. deployed another 60 satellites into space on Jan. 20 in support of the company’s ambitious Starlink global broadband project.

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Santa Monica Startup Nacelle Pulls in $18 Million

Santa Monica-based startup Nacelle Inc. has raised in $18 million in Series A funding led by Inovia Capital.

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Local EV Companies Expect Jumpstart From Biden Administration

With the inauguration of President-elect Joe Biden days away, local companies are preparing for an array of proposed policy changes.

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Virtual CES Is Light on Reveals

The halls of the Las Vegas Convention Center were empty last week as the annual Consumer Electronics Show carried on in a virtual format.

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Brace Raises $15.7M Series B Round for Mortgage Platform

Brace Software Inc., the Santa Monica-based developer of a digital mortgage servicing platform, announced Jan. 12 that it had raised $15.7 million in a Series B funding round.

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EVgo Announces Partnership With BMW

Sawtelle-based EVgo Services, which operates a national network of electric vehicle charging stations, announced a new partnership with BMW.

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Snap Acquires Mapping Startup StreetCred

Snap Inc. has reportedly acquired New York-based startup StreetCred Labs Inc., a company that collects location data for app developers.

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WeeCare Helps Home Day Care Businesses Stay Afloat

Three years ago, local entrepreneur and expectant mother Jessica Chang received some surprising advice.

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LA Companies Gear Up for Virtual CES

For the Consumer Technology Association, the show must go on. The three-day virtual version of the trade show is scheduled to run from Jan. 12 through Jan. 14.

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J2 Global Closes 4 Acquisitions

Internet services company J2 Global Inc. finished up 2020 on a buying spree.

Startup Mothership Helps Businesses Navigate Shipping Logistics

It’s no secret that ecommerce surged in 2020 as Americans adapted to doing more working, eating and shopping from home.

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Kindest Aims to Simplify Fundraising for Nonprofits

Every year hundreds of thousands of nonprofits scrounge for donations just to keep the lights on.

Fitness App Shred Lets Users Work Out With Friends

With indoor gyms closed for most of the last year, plenty of fitness-focused Angelenos have gotten used to working out from home.

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Belkin Founder Chet Pipkin Steps Down as CEO

Belkin International Inc. founder Chet Pipkin stepped down as chief executive at the Playa Vista-based consumer electronics company.

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