Ford’s all-electric SUV is officially the ‘Mustang Mach-E,’ and you can reserve one starting Nov. 17

Ford has revealed the official name of its forthcoming EV SUV, which has a Mustang lineage and will be officially revealed on November 17 in LA. The new vehicle is called the Mustang Mach-E, and following its official unveiling (hosted by Idris Elba, by the way), you’ll be able to actually sign up online and […]

LA-based gaming studio Scopely raises $200M at a $1.7B valuation

The Los Angeles-based mobile game development studio Scopely has become America’s newest unicorn thanks to a $200 million financing, which values the company at a whopping $1.7 billion. Scopely said it would use the capital to continue its strategy of developing and acquiring new games as it looks to continue its run of six consecutive […]

Morpheus Space’s modular, scalable satellite propulsion could be a game-changer for orbital industry

Building effective propulsion systems for satellites has traditionally been a highly bespoke affair, with expensive, one-off systems tailor-made to big, expensive spacecraft hardware. But increasingly, companies, including startups, are looking at ways to provide propulsion tech that can scale with the projected boom in demand for orbital satellites, including CubeSats and small sats, as the […]

Startups Weekly: Upfront Ventures bets on a bus service

Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy news pertaining to startups and venture capital. Before I jump into today’s topic, let’s catch up a bit. Last week, I profiled an e-commerce startup Part & Parcel. Before that, I wrote about Stripe’s grand plans. Remember, you can […]

Startups Weekly: VCs are drunk on beverage startups

Hello and welcome back to Startups Weekly, a newsletter published every Saturday that dives into the week’s most noteworthy venture deals, fundraises, M&A transactions and trends. Let’s take a quick moment to catch up. Last week, I wrote about an alternative to venture capital called revenue-based financing and before that, I jotted down some notes […]

CXA, a health-focused digital insurance startup, raises $25M

CXA Group, a Singapore-based startup that helps make insurance more accessible and affordable, has raised $25 million for expansion in Asia and later into Europe and North America. The startup takes a unique route to insurance. Rather than going to consumers directly, it taps corporations to offer their employees health-flexible options. That’s to say that […]

Dreaming of Mars, the startup Relativity Space gets its first launch site on Earth

3D-printing the first rocket on Mars. That’s the goal Tim Ellis and Jordan Noone set for themselves when they founded Los Angeles-based Relativity Space in 2015. At the time they were working from a WeWork in Seattle, during the darkest winter in Seattle history, where Ellis was wrapping up a stint at Blue Origin . The […]

Apple plans major US expansion including a new $1 billion campus in Austin

Apple has announced a major expansion that will see it open a new campus in North Austin and open new offices in Seattle, San Diego and Los Angeles as it bids to increase its workforce in the U.S. The firm said it intends also to significantly expand its presence in Pittsburgh, New York and Boulder, Colorado […]

3D printed rocket maker Relativity raises $35M to simplify satellite launches

LA-based space startup Relativity has raised $35 million in Series B funding, in a new round led by Playground Global, and including existing investors Social Capital, Y Combinator Continuity and Mark Cuban. The funding will help the startup expand its automated, 3D-printing process for manufacturing rockets quickly and with greatly reduced complexity, with the ultimate […]