LA Auto Show Unveils 6 Electric Vehicles You Haven't Heard Of

Samson Amore

Samson Amore is a reporter for dot.LA. He holds a degree in journalism from Emerson College. Send tips or pitches to samsonamore@dot.la and find him on Twitter @Samsonamore.

LA Auto Show Unveils 6 Electric Vehicles You Haven't Heard Of

After a two-year pandemic-induced hiatus, the L.A. Auto Show is returning with a crush of Southern California electric vehicle makers debuting cars ahead of next week's show and new ones announcing they will enter the local market for the first time.

While there's a handful of new cars being introduced at this year's show, local automakers have yet to deliver any vehicles to customers and are planning to do so within the next five years.


One of the newest local entrants is Vietnamese electric automaker VinFast. The company bills itself as a higher-end car. It announced this week it would establish a headquarters in L.A., its first American outpost and a key foothold for the company as it looks to bring its electric vehicles to a Western market.

Another newbie in the region's brimming EV industry is Brea-based Mullen Automotive. Launched this year, the company is going after the middle market, with the price on their Mullen FIVE SUV starting at $55,000. It was one of the only electric carmakers to boast its manufacturing is entirely based in the United States –most other builders with local footprints opt to manufacture overseas and then ship to the States for further fine-tuning or regulatory adjustments.

Here's a look at some of the wheels made by local carmakers being showcased at this year's Auto Show next week, Nov. 19-28.

VinFast will debut two electric SUVs, the VF e35 and VF e36

VinFast

VinFast is a subsidiary of Vingroup, a Vietnam conglomerate that's the country's largest publicly listed company. The firm is trying to make a splash at its first Auto Show this year, springing for a large billboard outside the Los Angeles Convention Center and opting for one of the biggest reveals during the press days.

VinFast will sell two electric SUVs, the VF e35 and VF e36. The company's global CEO Michael Lohscheller said during a presser one of its core values is speed, and not just in terms of miles per hour -- both vehicles will be available for pre-order in the first half of next year, and deliveries are planned to begin in fourth quarter 2022.

The VF e35 is around the size of the Tesla Model Y, and it will have an estimated range of 250 miles. The VF e36 is slightly larger and more powerful, with a range of about 340 miles. Internally, both cars are reminiscent of Teslas, with a focus on minimalist features and a large, central screen. VinFast hasn't yet set pricing for either car.

VinFast is opting for a unique model with its batteries -- it will lease them to customers with the promise of replacing them once they are less than 70% charge and believes that this model can help lower the price point for buyers.

VinFast launched in 2017 and announced this week that it will establish its U.S. headquarters in Playa Vista. The company's manufacturing will be done at its newly-constructed facility in Vietnam, where nearly everything is automated and roughly 1,200 robots control 90% of the production line. Lohscheller also said VinFast plans to have some production facilities in North America by 2024.

Mullen FIVE crossover SUVMullen FIVE model

Mullen Automotive

Los Angeles-based publicly traded automaker Mullen will reveal its first vehicle at the Auto Show, the Mullen FIVE crossover SUV.

With a range of roughly 325 miles and max speed of 200 miles per hour, the Mullen FIVE could be one of the fastest EVs on the market -- and it'll boast a rapid acceleration time of 0-60 in a mere 1.9 seconds.

The Mullen FIVE will cost between $55,000 and $75,000 before incentives and CEO David Michery said during the presser production is scheduled to begin in fourth quarter of 2023. The vehicles aren't expected to begin shipping until second quarter 2024.

Mullen is also working on a line of electric fleet vans and its Dragonfly electric sports car is already available for reservations after debuting in 2019. The car's max speed is a roaring 125 miles per hour and its range is about 236 miles.

Edison Future's EF1-T electric pickup truckEdison Future's EF1-T electric pickup truck

Edison Future

Anaheim-based Edison Future will be at the Auto Show to showcase its two vehicles, the EF1-T electric pickup truck and the EF1-V electric delivery van.

Both vehicles are solar-powered in addition to being charged electrically, a feature Edison hopes will reel in more customers who might be worried about running out of battery while far from a charging station.

Edison Future EF1-V electric delivery vanEdison Future EF1-V electric delivery van

Several models of the EF1-T will be available, with a distance range of 300 miles to 450 miles on a full charge. Edison Future hasn't yet disclosed pricing for the electric truck or delivery van, and it didn't disclose a range for the van either.

Edison Future said during a press conference that it'll begin accepting reservations as soon as this month, and aims to deliver its cars starting in 2025.

Bilit Electric's GMW Taskman

Biliti Electric

Biliti Electric, a new company which launched this year and is based in Culver City, debuted an electric delivery vehicle at the Auto Show, called the GMW Taskman.

The vehicle is designed for commercial deliveries like Amazon and some models are already in use -- CEO Rahul Gayam said in a press conference Taskman vehicles have already delivered 12 million packages.

The vehicle has a range of 80-90 miles, but that can be greatly expanded thanks to a fold-out solar panel, which Gayam said can provide an added 110 miles. "You can rely on the sun for a 100% recharge," Gayam said.

The three-wheeled Taskman can carry loads of up to 1,500 pounds and is being produced by GMW Electric in India. Earlier this month, Biliti announced it raised $400 million from new investor GEM, which it said it will use to grow the business and accelerate its manufacturing to sell on a global scale.

Biliti said it will sell the Taskman in the U.S., U.K, Japan, Europe, U.A.E., India and Africa, with tiered pricing ranging from $4,000 to $8,000 per vehicle depending on the country purchasing (a lower price is available for India and other developing countries, Gayam said).

Canoo's electric van

Canoo

Canoo makes several electric vehicles including a loft-inspired lifestyle vehicle, a larger multi-purpose delivery vehicle, a pickup truck and one car that's yet to be named or revealed.

This year Canoo decided not to present at the Auto Show, perhaps because it's in the midst of some corporate transitions -- the formerly Torrance-based company announced this week it would move its headquarters to Bentonville, Arkansas and add factory capacity in Pryor and Tulsa, Oklahoma.

Canoo opted for a smaller display at this year's show than usual, showcasing a demo of its lifestyle vehicle that it'd previously debuted several years ago. The company's stock rallied this week after it reported Q3 earnings and CEO Tony Aquila said it would accelerate its delivery timeline, beginning assembly of its vehicles a year ahead of schedule in 2023.

Fisker's Ocean SUV

Fisker

The Torrance-based car company founded by Henrik Fisker in 2016 will spring for a large display of several of its vehicles including the flagship Fisker Ocean SUV. Fisker said it will start production on the vehicles beginning in 2022.

On Wednesday the company debuted several versions of the Fisker Ocean vehicle, which it's been hyping up for several years. The Fisker Ocean One will be the company's first produced vehicle, limited to 5,000 units and retailing for about $69,000. The Ocean One will reach a range of 350 miles per full charge.

The full-wheel drive Fisker Ocean Sport is Fisker's lowest-priced offering, retailing for around $37,500 and packing 275 horsepower and a range of 250 miles on a full charge.

Fisker will also sell the Fisker Ocean Ultra, which will retail for roughly $50,000 and can go 0-60 miles per hour in a mere 3.9 seconds. The all-wheel drive car will have a range of up to 340 miles and 540 horsepower.

For speed enthusiasts, Fisker is lastly offering the most expensive version of the Ocean, the Ocean Extreme, which will feature a rotating center display and adds 10 miles of charge and 10 extra horsepower to the Ocean Ultra model.

The Ocean cars will begin production one year from today, Nov. 17, 2022. Fisker is contracting a production facility in Austria run by Magna Steyr to do the manufacturing and will then ship worldwide.


Bremach's 4x4 electric SUV

Bremach

A European-based automaker with an outpost in Costa Mesa, Bremach manufactures its SUVs and pickup trucks in Russia and then assembles and adjusts them for local regulations at its Southern California facility. It's the only company on the list that has a gas-powered vehicle.

Bremach's cars include a 4x4 SUV which will retail for an eye-poppingly low price of around $26,405.00. Its BRIO electric pickup truck is expected to retail for $27,882.00.

Neither car has been released to dealers but Bremach is taking pre-orders now for a planned delivery of 2022.

Unlike most other vehicle sellers, Bremach CEO and co-founder Ray Hoogenraad said the company will sell its cars through dealerships exclusively, so customers can get the full test drive experience. "I don't think it does the vehicle justice when you see it on the internet," Hoogenraad said during the press conference.

Editor's note: An earlier version of this story said Bremach's vehicle was an electric car. It runs on gas.

https://twitter.com/samsonamore
samsonamore@dot.la
VC Giants Back LA Defense Tech Startup

🔦 Spotlight

Hello Los Angeles, and happy Friday!

Memorial Day Weekend is finally here, and it seems even PCH got the memo, just in time for those coastal drives to kick off summer, traffic jams included. Speaking of navigation, El Segundo based startup CX2 has charted its own impressive course this week, securing $31 million in a Series A round led by Point72 Ventures, with participation from Andreessen Horowitz, 8VC, and Pax Ventures, to boost its mission in electronic warfare.

Electronic warfare (EW), for those of us who aren't regulars at the Pentagon, involves the tactical use of electromagnetic energy to control the spectrum, essentially jamming or confusing enemy communications and radar systems. CX2 was founded by a diverse and experienced group: Nathan Mintz, who brings deep expertise in defense technology from previous ventures such as Epirus and Spartan; Mark Trefgarne, a software entrepreneur known for a successful acquisition by Meta; Lee Thompson, an expert RF engineer previously with SpaceX; and Porter Smith, whose practical insights stem from his background as a U.S. Army helicopter pilot and subsequent experience as an investor.

The new funds will help CX2 scale its team and accelerate the development of advanced tools, including autonomous drones and specialized signals-intelligence systems. These innovations promise precision interference without collateral disruptions, addressing critical defense capability gaps identified by industry experts.

With tensions escalating globally, there's big demand for next-gen defense solutions, and CX2’s technology positions them as a major player in shaping future electronic battlespaces.

Dive deeper into the details and check out this week's roundup of LA’s venture deals and acquisitions below.

Here's to a weekend filled with sunshine, clear roads (fingers crossed), and tech that keeps pushing boundaries!

🤝 Venture Deals

LA Companies

  • Axle Health, founded by former Uber execs, raised $10M in Gaa Series A round led by F-Prime Capital to expand its AI-powered logistics platform for home healthcare. The software streamlines scheduling, routing, and patient engagement, and is now used by major health systems and agencies across all 50 states. The company has seen 10x revenue growth over the past year. - learn more
  • Promise, a generative AI studio based in Venice, California, has secured a strategic investment from Google's AI Futures Fund, alongside contributions from The North Road Company, and others. This funding will support Promise's integration of advanced AI technologies into its proprietary production platform, MUSE, and facilitate collaborations with Google's DeepMind researchers to push the boundaries of AI-driven storytelling. The studio plans to commence production on its first feature-length film this year, marking a significant step in its mission to blend human creativity with cutting-edge AI tools in filmmaking. - learn more
  • Final Boss Sour, a Los Angeles-based snack brand blending gaming nostalgia with sour fruit treats, raised $4M in a Seed 2 round. The funds will go toward expanding distribution, product innovation, and creator partnerships. The company also launched a new tropical sampler box featuring real fruit flavors like mango, pineapple, and kiwi. - learn more
  • VUZ, a UAE-based immersive media platform, raised $12M in a pre-Series C round led by the International Finance Corporation with participation from CrossWork.us, among others, to fuel global expansion and enhance its AI-powered streaming experiences. The funding brings its total raised to over $35M and will support growth across the U.S., Africa, Asia, and the Middle East. VUZ, now EBITDA positive, hosts 30,000+ hours of immersive content and has exclusive deals with leagues like LaLiga and Serie A. - learn more

      LA Venture Funds

      • B Capital co-led Data Sutram's $9M Series A funding round, supporting the company's expansion of its AI-driven fraud detection platform into sectors like cryptocurrency, gaming, and insurance. The investment will also aid in strengthening Data Sutram's AI capabilities and facilitating its international growth into markets such as the Middle East and Southeast Asia. - learn more
      • Upfront Ventures led Clair's $23.2M Series B funding round, reinforcing its commitment to the fintech startup it initially backed during the seed stage. Clair provides embedded earned wage access (EWA) solutions, allowing employees to access their earnings instantly through integrations with payroll and workforce management platforms like Gusto and TriNet. The new funding will support Clair's expansion across more than 29,000 business locations and enhance its partnerships with additional HR and payroll providers. - learn more
      • Rebel Fund participated in Keep's recent C$108M funding round, supporting the Toronto-based fintech's mission to modernize small business banking in Canada. Keep offers an all-in-one financial platform tailored to Canadian small businesses, addressing challenges like outdated systems and limited access to credit. The funding will help Keep expand its services, which include business credit cards, expense tracking, and multi-currency accounts, to more entrepreneurs across the country. - learn more
      • MarcyPen Capital Partners participated in SparkCharge's $30.5M funding round, supporting the expansion of its mobile, off-grid EV charging services across North America. This investment will help SparkCharge scale its Charging-as-a-Service model, enabling fleets to adopt electric vehicles without the need for permanent infrastructure. - learn more
      • Matter Venture Partners participated in Biostate AI's $12M Series A funding round, supporting the Houston-based startup's mission to revolutionize molecular diagnostics through affordable RNA sequencing and generative AI. Biostate AI aims to build a comprehensive RNA sequencing dataset to train AI models capable of predicting disease progression and treatment responses, thereby advancing precision medicine. - learn more
      • Prototype Capital participated in Sensmore's €6.5M funding round, supporting the German robotics startup's mission to retrofit heavy machinery with AI-driven automation. Sensmore's technology enables real-time automation of complex tasks in industries like construction and mining. The investment will help expand Sensmore's Physical AI platform, enhancing productivity and safety in industrial operations. - learn more

            Download the dot.LA App

            Forget Traffic: Air Taxis Are Coming to LA28

            🔦 Spotlight

            Hello Los Angeles,

            The future just got a flight plan, and it includes skipping traffic for the 2028 Olympics.

            Image Source: Archer

            This week, Santa Clara-based Archer Aviation made headlines (and history) by being named the official air taxi provider for the LA28 Olympic and Paralympic Games and Team USA. Yes, that means electric vertical takeoff and landing (eVTOL) aircraft will be soaring above the gridlocked freeways, whisking athletes, officials, and perhaps a few lucky spectators through LA’s famously congested skies.

            This isn’t just a flashy PR stunt (although, let’s be honest, it is peak LA). It’s a strategic move to redefine how we move around the city, especially during one of the largest global events ever to hit Southern California. In partnership with the LA28 Organizing Committee, Archer plans to deploy its Midnight aircraft, an all-electric air taxi that promises ultra-quiet, zero-emission rides from point A to point OMG-I’m-not-in-traffic.

            While Archer is headquartered in Santa Clara, it has deep ties to the LA tech ecosystem. United Airlines, one of its major partners, has previously announced plans to establish eVTOL routes between downtown and LAX. Pair that with this new Olympic milestone and we’re looking at LA as ground zero for what could become the world’s first large-scale urban air mobility network.

            Of course, there are still regulatory hurdles, infrastructure needs, and airspace coordination issues to iron out before we can book our sky ride to the Coliseum. But make no mistake, this announcement is a moonshot moment for LA tech, mobility, and the future of Olympic-scale transportation.

            We’ll be keeping our feet on the ground (for now), but we’ll definitely be watching the skies.

            Catch you next week ✈️✨

            🤝 Venture Deals

            LA Companies

            • Akido, a Los Angeles-based health tech company, has raised $60M in Series B funding led by Oak HC/FT to expand the reach of its AI-powered clinical tool, ScopeAI. The platform assists physicians by generating clinical questions, documenting patient responses, and drafting care plans in real time. The funding will help Akido scale its technology across its provider network and expand into new markets like New York City. - learn more
            • Reflect Orbital, a startup developing satellite-based sunlight delivery systems, has raised $20M in a Series A round led by Lux Capital. The company plans to use the funding to expand its team, scale operations, and prepare for its first satellite launch in Spring 2026. Reflect Orbital’s technology aims to reflect sunlight from space to Earth, enabling nighttime illumination for energy, remote operations, and civil infrastructure. - learn more
            • Rolli, an AI-powered platform designed to support fact-based journalism, has received an investment from the NYU Impact Investment Fund (NIIF). This marks NIIF's first investment in a media company, underscoring its commitment to backing ventures that enhance democratic institutions through innovation. Rolli's platform connects journalists with a diverse range of vetted experts, aiming to streamline news production and promote equitable representation in media. The funding will help Rolli expand its reach and further develop tools that empower journalists to produce accurate and impactful reporting. - learn more

              LA Venture Funds

              • CIV and Wonder Ventures participated in The Nuclear Company’s $46.3M Series A round to support its plan to develop large-scale nuclear reactor sites across the U.S. CIV co-founder Patrick Maloney also co-founded the company, which is taking a “design-once, build-many” approach to modernize nuclear construction. The funding will help meet rising energy demands from sectors like AI and data centers. - learn more
              • WndrCo participated in Cartwheel's recent $10M funding round. Cartwheel is an AI-driven 3D animation startup that enables creators to generate rigged animations from text prompts and videos. The funding will support Cartwheel's efforts to simplify and democratize 3D animation production. - learn more
              • Crosscut Ventures participated in Solestial's $17M Series A funding round, which aims to scale the company's production of radiation-hardened, self-healing silicon solar panels for space applications. Solestial plans to increase its manufacturing capacity to 1 megawatt per year, matching the combined annual output of all U.S. and EU III-V space solar companies. This investment supports the growing demand for cost-effective, high-performance power systems in the expanding space industry. - learn more
              • Upfront Ventures participated in Tern's $13M Series A funding round, adding to its earlier $4M seed investment in the travel tech startup. Tern offers an all-in-one platform for travel advisors, streamlining itinerary building, CRM, and commission tracking. The new funding will help Tern enhance its product offerings and expand support for its growing user base. - learn more
              • Dangerous Ventures participated in Verdi's $6.5M seed funding round, supporting the Vancouver-based agtech startup's mission to modernize farm irrigation systems through AI-powered automation. Verdi's technology retrofits existing infrastructure, enabling precise, row-level control of irrigation, which helps farmers reduce water usage and labor costs. The investment aligns with Dangerous Ventures' focus on climate resilience and sustainable food systems. - learn more
              • Pinegrove Capital Partners participated in Saildrone's recent $60M funding round, supporting the company's expansion of its autonomous maritime surveillance technology into Europe. The investment will aid in deploying Saildrone's uncrewed surface vehicles for enhanced maritime security and defense applications across European waters. - learn more
              • Starburst Ventures participated in a €2 million seed funding round for French defense tech startup Alta Ares, which specializes in embedded AI and MLOps solutions for military applications. Alta Ares' technologies, including the Gamma platform for real-time video analysis and the Ulixes platform for managing operational data lifecycles, operate autonomously without the need for internet or cloud connectivity. This funding will support the industrialization of these solutions and expand their deployment across European armed forces and NATO allies. - learn more
              • Nomad Ventures participated in Stackpack’s recent $6.3M seed funding round, supporting the company's mission to streamline vendor management for modern businesses. Stackpack offers an AI-driven platform that provides finance and IT teams with a centralized system to oversee third-party vendors, manage renewals, and mitigate compliance risks. The investment will enable Stackpack to expand its operations, enhance its platform, and introduce new features like the "Requests & Approvals" tool, aimed at simplifying vendor onboarding and procurement processes. - learn more
              • Tachyon Ventures participated in Stylus Medicine's $85M Series A funding round, supporting the biotech company's development of in vivo genetic medicines. Stylus aims to simplify gene editing by enabling precise, durable CAR-T therapies delivered directly inside the body, potentially transforming treatment for various diseases. - learn more
              • Up.Partners led a $28M Series A funding round for WakeCap, a construction tech startup that uses sensor-powered platforms to deliver real-time workforce visibility and site intelligence. WakeCap’s system tracks labor hours, safety, and productivity across large-scale projects, with over 150 million labor hours already monitored. The new funding will help the company expand globally, enhance product features, and grow its engineering and customer success teams. - learn more


                LA Exits

                • MediaPlatform, a leading provider of enterprise video solutions, has been acquired by Brandlive, a company renowned for bringing the magic of television to business communications. This strategic acquisition aims to enhance Brandlive's capabilities in delivering high-scale, reliable CEO town halls and global corporate broadcasts. By integrating MediaPlatform's robust infrastructure with Brandlive's creative video tools and production services, the combined entity seeks to offer more engaging and authentic internal content experiences for enterprise clients. - learn more
                • RHQ Creative, a studio renowned for its competitive Fortnite training maps, has been acquired by JOGO, the game development company founded by popular creator Typical Gamer (Andre Rebelo). This acquisition aims to bolster JOGO's expansion into the competitive gaming arena by integrating RHQ's expertise in skill-building and training map design. RHQ Creative, co-founded by Fortnite pro Quinn Gannon (RichHomieQuinn) and Sean Lugo, has achieved over 20 million map visits and 200 million hours of playtime. The deal includes full ownership of RHQ's map catalog and the addition of its team to JOGO, enhancing the company's capabilities in developing high-quality, competitive gaming experiences. - learn more

                    Download the dot.LA App

                    This LA Startup Wants to Make It Rain and Just Raised $25M to Do It

                    🔦 Spotlight

                    Hello LA!

                    While most tech headlines are busy chasing AI chatbots and flying taxis, one startup in El Segundo is aiming a little higher. Literally.

                    Rainmaker just secured$25 million in Series A funding to expand its cloud-seeding drone technology. The round was led by Lowercarbon Capital, with participation from Starship Ventures, 1517 Fund, Long Journey Ventures, Naval Ravikant, and others.

                    Their idea is simple but urgent. Instead of relying on old-school aircraft to spray rain-making particles across the sky, Rainmaker uses AI-powered drones that find and seed clouds with pinpoint accuracy. It is faster, more affordable, and could reshape how regions fight back against droughts.

                    California's ongoing water struggles have made it clear that simply "saving" water is not enough. Cities and entire economies need new tools to create it. Rainmaker plans to use the funding to grow its fleet, invest in atmospheric science, and expand commercial partnerships with utilities and governments searching for solutions.

                    Bigger picture, Rainmaker is part of a growing shift in LA's tech ecosystem. While software remains dominant, more investors and founders are quietly betting on "hard tech" that addresses real-world problems like water, energy, and infrastructure.

                    It is not just about apps anymore. It is about survival tech.

                    With the skies getting hotter and the reservoirs getting lower, the next great tech export out of LA might not be entertainment or social media. It could be rain.

                    Stay tuned…

                    🤝 Venture Deals

                    LA Companies

                      • SimpleClosure, a Santa Monica-based startup that automates the business shutdown process, has raised a $15M Series A funding round led by TTV Capital. The company, which launched publicly in late 2023, helps startups and businesses navigate legal, regulatory, and compliance hurdles when closing down, using AI to streamline paperwork and communications. The new funding will support SimpleClosure’s platform growth and product expansion, as rising economic pressures create heightened demand for efficient dissolution solutions. - learn more

                        LA Venture Funds

                        • Alexandria Venture Investments participated in Haya Therapeutics’ $65M Series A funding round. Haya Therapeutics, which is developing precision RNA-guided medicines for chronic and age-related diseases, will use the capital to advance its lead therapeutic programs targeting heart failure and fibrosis. The company plans to expand its pipeline, invest in its discovery platform, and grow its team to accelerate clinical development. - learn more
                        • Griffin Gaming Partners led a $7M funding round for Fuse Games, a gaming studio focused on developing new original IP. Fuse Games, founded by industry veterans with experience at major gaming companies, plans to use the funds to accelerate production of its first title and expand its team as it builds ambitious new gaming experiences. - learn more
                        • Shamrock Capital has made a strategic growth investment in Neocol, a leading consulting platform that specializes in sales and AI-driven software solutions for subscription businesses. Neocol, which helps companies optimize revenue operations and digital transformations, plans to use the investment to accelerate its growth, expand its services, and further strengthen its leadership position in the Salesforce ecosystem. - learn more
                        • Trust Fund participated in a $7.2M seed funding round for Agree.com, an all-in-one platform that combines e-signature and integrated payments, aiming to streamline and speed up service agreements. The company plans to use the new capital to grow its engineering team, expand integrations, and enhance payment capabilities to help service providers close deals faster. - learn more
                        • Hyperlink Ventures participated in Orca AI’s $72.5M funding round. Orca AI, headquartered in London, develops AI-based navigation and collision-avoidance solutions to improve safety and efficiency for commercial shipping fleets. The funding will help Orca AI scale its autonomous shipping technologies, expand its team, and support global growth efforts. - learn more


                        LA Exits

                        • StoryFire, a social storytelling and video platform with over 2.5M users, has been acquired by Flashy Finance to launch a new platform called Flashy Social. The move aims to merge content creation with blockchain-powered financial tools, allowing creators to monetize through token incentives, streaming features, and community engagement. This acquisition supports Flashy Finance’s broader vision of building a cultural, creator-led financial ecosystem. - learn more
                        • Jaanuu, Inc., a Los Angeles-based medical apparel brand known for its stylish and functional scrubs, has been acquired in an asset sale by VentureOn Management, LLC. The acquisition includes substantially all of Jaanuu's assets, encompassing its intellectual property, inventory, and customer relationships. VentureOn Management plans to continue Jaanuu's operations, focusing on delivering high-quality medical apparel to healthcare professionals. - learn more
                        • Skechers has agreed to be acquired by 3G Capital in a deal valued at approximately $9.4 billion. Shareholders will receive either $63 per share in cash or $57 plus an equity unit in a new private parent company. Following the acquisition, Skechers will become privately held, maintain its Manhattan Beach headquarters, and continue to be led by its current management team. - learn more

                          Download the dot.LA App

                          RELATEDEDITOR'S PICKS
                          Trending