TECHNOLOGY

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

Triumph Aerospace to Close L.A. Facilities, Lay Off 250

Triumph Aerospace will close two factories in Hawthorne and Torrance and lay off 250 employees beginning in December.

ServerFarm Acquires UK Data Center Operator

El Segundo-based data center management company ServerFarm purchased 5NINES Global Holdings Oct. 10.

Upfront Ventures Leads $6 Million Series A for Nexkey

Smart lock technology company Nexkey raised a $6 million Series A led by Santa Monica-based Upfront Ventures.

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Thin Line Capital Raises First Fund, Backed by Wavemaker

Pasadena-based Thin Line Capital raised a $5 million seed-stage fund to support clean technology and eco-friendly startups.

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Canoo Sued for Gender Discrimination

Electric vehicle startup Canoo and Chief Executive Stefan Krause were sued for wrongful termination by former communications lead Christina Krause.

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MedMen Terminates PharmaCann Purchase, CFO

Cannabis retailer MedMen Enterprises Inc. terminated an agreement to acquire pot cultivator PharmaCann.

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M13 Leads $3 Million Seed Round for Doorstead

Santa Monica-based M13 led a $3.3 million seed round for property rental startup Doorstead.

Relativity Secures $140M Series C

Rocket-maker will use funds for upcoming launch efforts

Relativity Space raises $140 million, will use it to advance 3D-printing technology.

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Tokr Tees Up Deliveries

Cannabis startup partners with The Pottery for service

Startup Tokr teams up with dispensary The Pottery to offer sales and delivery services.

Rick Fox Sues Echo Fox Business Partners

Rick Fox, owner of Beverly Hills-based esports organization Echo Fox, sued several of his business partners for fraud and mismanagement of company funds.

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Bird Raises $275 Million Series D

Electric scooter operator Bird secured $275 million in Series D funding led by CDPQ and Sequoia Capital.

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SpaceX Receives Funding from NASA to Aid Moon, Mars Missions

SpaceX is one of 14 companies awarded grants from NASA to boost the agency's mission to return to the Moon and eventually land on Mars.

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Finance App Dave Inc. Raises $50 Million

Financial management app developer Dave Inc. raised $50 million from Palo Alto-based growth equity investors Norwest Venture Partners.

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Evil Geniuses Acquires LCS Slot from Echo Fox

Seattle-based esports organization Evil Geniuses will purchase a slot in Riot Games’ “League of Legends” gaming series from Echo Fox.

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Canoo Rolls Out Vehicle Prototype

AUTOS: Startup aims to have electric ‘loft on wheels’ in market by 2021

AUTOS: Startup aims to have electric ‘loft on wheels’ in market by 2021

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