From a new executive hire to a company planning to go public, Los Angeles tech innovators announced major moves last week. Read up on what you might have missed with the Built In LA Weekly Refresh.
Surf Air Mobility to go public. The hybrid-electric aircraft powertrain company plans to list stock on the New York Stock Exchange in an upcoming initial public offering. Surf Air Mobility develops tech for new craft and upgrades for existing fleets. The company plans to trade under the ticker symbol SRFM. [MarketWatch]
LA Tech Quote of the Week
“Building more responsive supply chains will require a shift to flexible fulfillment networks. Curri has built the leading elastic network for last-mile industrial deliveries, powered by enterprise-grade technology.”— Mike Droesch, of Bessemer Venture Partners, Curri investor
Curri raised $42M. Bessemer Venture Partners led the Series B fundraise for Curri, a supply chain management platform that helps companies deliver shipments of machinery, pipes and the like. The company’s new funding will go toward accelerating product innovation, improving its platform’s operational efficiency and expanding its sales and marketing efforts. [Curri]
Clio hired a new CPO. Legal tech platform Clio announced the appointment of Hemant Kashyap as its new chief product officer. In his new role, Kashyap will be responsible for overseeing Clio’s product strategy, development and execution. Before joining Clio, Kashyap was VP of product at ServiceTitan. [Clio]
