TECHNOLOGY

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

Silicon Beach Report June 19: Torrance Company Contracted by Homeland Security

Torrance company contracted by Homeland Security; Quest International expands in Europe; Scratchpay gets $6.4M in series A funding

Battery Pact Sends BioSolar Shares Up

BioSolar Inc. has signed a joint development agreement with a Spanish subsidiary of Ferroglobe PLC to develop and market silicon anode materials for use in lithium ion batteries.

Scratchpay Lands $6.4M in Series A Funding

Eagle Rock’s Scratch Financial Inc., doing business as Scratchpay, announced June 19 that it received $6.4 million in series A funding. Underwriting for this round of funding was provided by Companion Fund, a $100 million pet-centered venture capital fund, as well as Struck Capital, TTV Capital and SWS Venture Capital.

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Silicon Beach Report June 18: Robot Maker Gets $22 Million Series A

$22 million raised by Pasadena Robotics Co.; MindSpark acquired by Auticon; Sure Inc. expands to rideshare insurance

Ride-Sharing Commerce Company Cargo Enters L.A

Cargo Services Inc., a mobile marketplace headquartered in New York City, announced June 14 that it is expanding to Los Angeles. The company, which allows Uber and Lyft drivers to receive complimentary boxes stocked with retail items, has already bought a warehouse in Ontario, Calif.

Silicon Beach Report June 14: Influential Secures $12 Million in Series B Funding

Influential secures $12 million in series B funding; Snap Inc. releases API Snap Kit; ZipRecruiter expands in Santa Monica

German Employer of Autistic Professionals to Acquire MindSpark

An award-winning German firm that employs professionals with autism across Europe is acquiring Santa Monica–based MindSpark Inc. to mark its entry into the U.S. market.

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Boring Company Picked to Build Tunnel to Chicago Airport

Elon Musk’s Boring Company was selected by the city of Chicago on June 14 to provide an express tunnel service between downtown Chicago and O’Hare International Airport, a milestone for the company that comes amid uncertain progress on its Los Angeles demonstration tunnel.

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Silicon Beach Report June 13: Ring Set to Launch Home Security System

After delay, Ring plans to ship DIY security system by July 4; TenantBase pulls in $10.7 million funding round; Revolve contemplates whether to pull trigger on IPO

Silicon Beach Report June 12: Bird Looking to Raise More Cash at $2 Billion Valuation

Bird Scooters seeks $2 billion valuation; cannabis lifestyle media company raises $8 million series A; Phyn adds Devesa to executive team.

Silicon Beach Report June 11: L.A. Football Club Testing Biometric Ticketing

Los Angeles Football Club Testing Biometric Ticketing; Snap Inc. Allows App Users to Delete Messages; Boring Co. Flamethrowers Hit the Streets

LAFC Adds Biometric Options for Gameday Entrance

Fans looking to enter Banc of California Stadium may soon be able to scan their fingerprint instead of presenting a physical or digital ticket.

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Silicon Beach Report June 8: CapLinked Joins with Civic Technologies

CapLinked Partners with Civic Technologies on Digital Security Venture; Bad Robot Partners with Tencent on Gaming Venture; Venice Marketing Startup Signs Up 3,000 Influencers

HyreCar Set for $14.5 Million IPO

HyreCar Inc., a peer-to-peer car sharing company based in Los Angeles, filed June 8 an amended prospectus for an initial public offering that could raise as much as $14.5 million for the company. The company did not set a date for the offering, but said it will list on the Nasdaq under the ticker symbol HYRE.

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