Los Angeles

  • Pop culture stimulates the evolution of the LA tech scene Crunch Network

    Pop culture stimulates the evolution of the LA tech scene

    It wasn’t so long ago that venture capital was a suburban California phenomenon. Los Angeles didn’t have much in terms of a real tech scene — and even San Francisco only had a few VCs or tech companies. Now, VC offices have sprung up in San Francisco, moving more of the investment energy up there. That great migration of companies and activity touches upon what is now… Read More

  • Thrive Market raises $111 million for its online organic grocery store

    Thrive Market raises $111 million for its online organic grocery store

    Buy organic groceries online, at an affordable price. That’s the mantra of Los Angeles-based Thrive Market, which has raised a significant $111 million Series B funding round, led by Invus. Thrive, which competes with similar online grocery services like Vitacost, believes there is a significant market opportunity to make natural foods more accessible to consumers and they’ve… Read More

  • Hyperloop One plans to project Russians across Moscow

    Hyperloop One plans to project Russians across Moscow

    Hyperloop One, a Los Angeles-based startup working on making Elon Musk’s crazy-fast vacuum tube transportation blueprint a reality, has agreed to partner with the Summa Group and the Russian Government to build a Hyperloop in Moscow. The Summa Group is a Russsian investment group with a large stake in infrastructure investments in the country including port logistics, engineering… Read More

  • Meet the foxes behind LA’s latest startup gem Crunch Network

    Meet the foxes behind LA’s latest startup gem

    Scrolling through the @shopboxfox Instagram account is enough to notice the clean-cut aesthetic: feminine, driven, artistic. However, the ladies behind LA’s BOXFOX, Chelsea Moore, Sabena Suri and Jenni Olivero, are channeling much more than their social media accounts let on; they are enhancing strategy and technology to make one of life’s favorite moments, gift giving, easier and… Read More

  • Mark Suster On Falling Valuations And LA’s Tech Scene

    TechCrunch sat down with Mark Suster, managing partner at Upfront Ventures. One of the most active investors in Los Angeles, Suster spoke of how local startups are able to draw upon the city’s creative talent to bring content, commerce and communication platforms to the next level. He also commented on falling tech valuations. “By any definition we’ve been in a funding… Read More

  • One Month After Lyft, UberX Finally Lands At LAX

    One Month After Lyft, UberX Finally Lands At LAX

    Los Angeles Uber riders, rejoice. UberX is finally coming to LAX. The company announced that as of 8 a.m. tomorrow, riders will be able to request and get picked up by UberX cars. This comes exactly one month after Lyft launched at LAX, which was originally announced by LA’s Mayor Eric Garcetti. Uber and Lyft had battled for months with the airport and the LA city council to reach… Read More