Wednesday, August 10, 2022
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Autonomy Places Order For 23,000 Electric Vehicles
Santa Monica-based subscription electric vehicle service Autonomy---headed by longtime tech/auto veteran Scott Painter--says it has placed an order for 23,000 electric vehicles, from 17 different global automakers. The company said the orders are an effort to "expand and diversify" its fleet beyond Tesla. The company said it expects those orders to be delivered between 6 and 18 months. The order, according to Autonomy, is 1.2 percent of the projected U.S. electric vehicle production through the (More info...)
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Boulevard Parks $70M Funding Round
Los Angeles-based Boulevard, which is developing a software platform for appointment-based, self-care businesses, said this morning that it has raised $70M in a Series C funding round. The funding was led by Point72 Private Investments, with participation from Toba Capital, Index Ventures, Bonfire Ventures, BoxGroup, and VMG Partners. The company said that the funding will go to "significantly increase" its investmnt in engineering and development. Point72's Eddie Kang joins the company's board (More info...)
posted on Wednesday, August 10, 2022(Full story)
Maximus Finds $15M For Men's Hormones
A new, Los Angeles-based startup, Maximus, announced this morning that it has raised $15M in a venture capital investment round for a telemedicine venture, aimed at helping "men restore their vitality and masculinity". The startup said the funding was led by Keith Rabois at Founders Fund, along with 8VC, Abstract Ventures, 10X Capital, Unshackled Ventures, OneVC, Gaingels, Correlation Ventures, Chamaeleon VC, Rational Ventures, WhatIf Ventures, Shrug Capital, Electric Ant, plus angels Dave Aspre (More info...)
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Ember Spins Out New Startup, Ember LifeSciences
Westlake Village-based "smart mug" maker Ember is spinning out a new company, focused on the life sciences supply chain, the company said today. According to Ember, the new company, Ember LifeSciences, is backed by an investment from Cardinal Health. The new venture is being led by Brian Bejarno, previously of Cardinal Health, who will serve as President and General Manager. Ember was previously known for its self heating travel mugs; the new venture is focused on providing self contained, self (More info...)
posted on Wednesday, August 10, 2022(Full story)
Pressed Expands Deal With Instacart
Los Angeles-based Pressed, which owns a cold-pressed juice and plant-based snack brand, says it has partnered with Instacart. According to the company, it will offer up products delivered from its store locations as fast as an hour, delivered via Instacart, from all of its locations. Pressed says the extension comes after a smaller test which ran across Southern California and Texas. Pressed is led by CEO Pawan Kalra.
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