40 h. ago Feds arrest embattled Sonoma developer suspected of ‘Ponzi scheme’ that cost investors millions

Feds arrest embattled Sonoma developer suspected of ‘Ponzi scheme’ that cost investors millions  San Francisco Chronicle

Economics

61 h. ago Luminar secures up to $200M following CEO departure and layoffs

Lidar company Luminar reached a deal with Yorkville Advisors Global and another unnamed investor that could bring another $200 million into its coffers through the sale of convertible preferred stock over an 18-month period. The agreement, which was announced in a regulatory filing Wednesday, follows an abrupt change in leadership and layoffs. Earlier this month, […]

Politics

2 w. ago BluSmart investors propose $30M in new funding to revive the Uber rival

A group of investors are considering a plan to inject another $30 million into BluSmart in a bid to revive the Indian cab-hailing startup that abruptly halted operations last month, TechCrunch has learned. The proposal from these existing investors has a catch: its contingent on BluSmart co-founder Anmol Singh Jaggi agreeing to resign. The proposed […]

Economics

3 w. ago Rising star defense tech startup Mach Industries is raising $100 million, sources say

Mach Industries, the defense tech founded by 21-year-old Ethan Thornton, is about to close a fresh $100 million in financing co-led by new investor Khosla and existing investor Bedrock Capital, a source familiar with the deal tells TechCrunch. The new round will value the company at around $470 million, according to the source. However, the […]

Economics

4 w. ago Downtown Chase Tower sells to California investor, plans to invest 'millions' into offices

Downtown Chase Tower sells to California investor, plans to invest 'millions' into offices  The Columbus Dispatch

Economics

4 w. ago Downtown Chase Tower sells to California investor who plans to invest 'millions' into offices

Downtown Chase Tower sells to California investor who plans to invest 'millions' into offices  The Columbus Dispatch

Economics