Tag: Los Angeles
Residential renewable energy developer Swell is raising $450 million for distributed power projects in three states
Swell Energy, an installer and manager of residential renewable energy, energy efficiency and storage technologies, is raising $450 million to finance the construction of four virtual power plants representing a massive amount of energy storage capacity paired with solar power generation. It’s a sign of the distributed nature of renewable…
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AWS updates its edge computing solutions with new hardware and Local Zones
AWS today closed out its first re:Invent keynote with a focus on edge computing. The company launched two smaller appliances for its Outpost service, which originally brought AWS as a managed service and appliance right into its customers’ existing data centers in the form of a large rack. Now, the…
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HMBradley raises $18.25 million planting a flag as LA’s entrant into the challenger bank business
With $90 million in deposits and $18.25 million in new financing, HMBradley is making moves as the Los Angeles-based entrant into the challenger bank competition. LA is home to a growing community of financial services startups and HMBradley is quickly taking its place among the leaders with a novel twist…
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Beyond Meat unveils two new versions of its Beyond Burgers
Beyond Meat has launched two new versions of its Beyond Burgers, the company announced today. The two new options will be available on store shelves in 2021, but will be on offer at a two-day pop up event in Los Angeles for folks to try. The new Beyond Burger patties…
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Venture firm M13 names former Techstars LA managing director, Anna Barber, as its newest partner
The Los Angeles and New York-based venture firm M13 has managed to nab former Techstars LA managing director, Anna Barber, as its newest partner and the head of its internal venture studio, Launchpad. Designed to be a collaborative startup company incubator alongside corporate partners, Launchpad focuses on developing new consumer…
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Porsche’s subscription program adds new tier and expands to LA
Porsche’s app-based subscription program that was previously known as Passport is now called Porsche Drive, and it’s gone through more changes than just a rebranding. The service will soon have three options to choose from: Passport’s old multi-vehic… Source
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