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Soylent acquired by Starco Brands as nutrition company shifts into its ‘natural next stage’

TechCrunch

Soylent Nutrition is joining public company Starco Brands as part of an acquisition that will keep the plant-based food technology company operating as a separate unit under its current CEO Demir Vangelov. In 2016, the company made a voluntary recall on its bars after customers got sick.

Company 246
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Alchemist Accelerator announces new leadership alongside its latest class of companies

TechCrunch

Alchemist Accelerator , the enterprise-focused startup incubator, is hosting a demo day today for its 31st batch of companies. For many of these companies, it’s the first time they’ve shown their efforts to the world. Haze Automotive : More accessible carbon fiber for automobiles, it sounds like.

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Why Automotive Dealers Remain Critical to Traditional OEMs

Perficient

The automotive industry is at a great inflection point where consumer preferences dictate that there must be changes in how the industry operates. It leads many to question the role of dealers in the future state of the automotive industry. I don’t share this view of the automotive industry.

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Faction raises $4.3M to deploy 3-wheeled EVs for driverless delivery

TechCrunch

Faction Technology founder and CEO Ain McKendrick didn’t have the $1 billion or the time that a typical automotive program might need to design and manufacture an EV that could be used for driverless delivery. Faction, which is about a 10-person team, is working with other companies for the autonomous vehicle stack.

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Short video app Triller confidentially files to go public

TechCrunch

The announcement comes as the company ended its $5 billion merger with video-tech company SeaChange International two weeks ago. The Los Angeles-based company initially launched in 2015 and the app has been downloaded more than 250 million times. The company had also granted stock to employees and some of its celebrity partners.

Video 197
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TikTok rival Triller to go public via merger with SeaChange International

TechCrunch

Short video app Triller is set to go public via a reverse merger with video-tech company SeaChange International, the two companies announced on Wednesday. The boards of both companies have approved the proposed merger and the deal is expected to close in the first quarter of 2022, subject to regulatory and stockholder approvals.

Media 253
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Novoloop says it’s worked out how to upcycle plastic waste, raises $11M Series A

TechCrunch

The company says it has developed a proprietary process technology it calls ATOD (Accelerated Thermal Oxidative Decomposition). The first product will be Oistre , a thermoplastic polyurethane (TPU) for use in footwear, apparel, sporting goods, automotive and electronics. About 99% of TPUs are virgin today.

Chemicals 222