Tag: california
California Gov. Newsom proposes $3.2B in EV investment as part of economic recovery package
California Governor Gavin Newsom, a vocal proponent of electric vehicles, on Friday debuted a new proposal that would earmark $3.2 billion to boost EV infrastructure and adoption in the state. “This is a big deal,” Newsom said at a press conference Friday. “The Biden administration’s been talking a lot about…
Read More
Window Snyder’s new startup Thistle Technologies raises $2.5M seed to secure IoT devices
The Internet of Things has a security problem. The past decade has seen wave after wave of new internet-connected devices, from sensors through to webcams and smart home tech, often manufactured in bulk but with little — if any — consideration to security. Worse, many device manufacturers make no effort…
Read More
Chinese hardware makers turn to crowdfunding as they look to go global
China’s tech giants have had a rough time in Western markets over the last few years. Huawei and DJI have been hit by trade restrictions, while TikTok and WeChat are threatened with their apps being banned in the U.S. Overall, Chinese companies with an overseas footprint are increasingly wary of…
Read More
Avant doubles down on digital banking with Zero Financial acquisition
Avant, an online lender that has raised over $600 million in equity, announced today that it has acquired Zero Financial and its neobank brand, Level, to further its mission of becoming a digital bank for the masses. Founded in 2012, Chicago-based Avant started out primarily as an online lender targeting…
Read More
US indicts California man accused of stealing Shopify customer data
A grand jury has indicted a California resident accused of stealing Shopify customer data on over a hundred merchants, TechCrunch has learned. The indictment charges Tassilo Heinrich with aggravated identity theft and conspiracy to commit wire fraud by allegedly working with two Shopify customer support agents to steal merchant and…
Read More
With an ARR topping $250 million, LA’s vertical SAAS superstar ServiceTitan is now worth $8.3 billion
Who knew building a vertical software as a service toolkit focused on home heating and cooling could be worth $8.3 billion? That’s how much Los Angeles-based ServiceTitan, a startup founded just eight years ago is worth now, thanks to some massive tailwinds around homebuilding and energy efficiency that are serving…
Read More