KOAM, a total logistics solution company for automotive Original Equipment Manufacturers (OEMs), opened its Phoenix facility this week, the company’s first on the West Coast. The company’s relationship with Lucid Motors and the expansion of other EV companies to the Phoenix area, like Nikola, ElectraMeccanica and Atlis, made Phoenix the ideal location for KOAM. “KOAM … Read more
July proved to be another big month for Arizona tech, with local companies raising millions, out-of-towners relocating to the Valley, and plenty of events and cohorts popping up to support startups. This month, we put a spotlight on diversity and talked to leaders from around Phoenix to give founders tips on how to diversify your … Read more
Three Scottsdale founders have been named by Ernst & Young (EY US) as winners of the Entrepreneur Of The Year 2021 Mountain Desert Region Award. Chris Ronzio, founder and CEO of Trainual, and Andrew Leto & Michael Leto, Emerge founder and CEO (respectively), were the only Arizona founders on the list of winners. The rest … Read more
In May, KORE Power had three possible suitors for a manufacturing facility for its lithium-ion battery cells: Arizona, Florida and Texas. Today, the company made its final decision. “At the end of the day, we selected Arizona,” KORE Power CEO Lindsay Gorrill said. The facility will be built in Buckeye, near MC 85 and Interstate … Read more
It didn’t go according to the original plan, but Lucid Motors Inc. began trading as a public company on Monday, after shareholders approved a merger with a special-purpose acquisition company (SPAC) last week. Lucid and Churchill Capital Corp. IV, the SPAC, are officially merged and are now known as Lucid Group Inc. (NYSE: LCID). The … Read more
Lucid Motors, the Newark, California-based company that operates a factory in Casa Grande, is on schedule to begin production and deliveries of its debut EVs, like Lucid Air, this year. Bloomberg reported that Lucid CEO Peter Rawlinson told investors on a call Tuesday that “testing and validation of Lucid Air is progressing well” and the … Read more
Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions company headquartered in India, has announced plans to invest more than $300 million in Arizona by 2026 and hire more than 220 employees here by 2023. The company will also expand the reach of its STEM and Computer Science education programs in … Read more
Trainual, the Scottsdale-based SaaS company that changes the way small businesses onboard and train new hires, was named a top workplace in Arizona by AZCentral. Trainual ranked no. 1 in the small company category, in part due to its commitment to build an exceptional workplace, culture and employee experience. Over the last year, the company … Read more
June was another big month for tech in Arizona — everything from partnerships and grants to business milestones and expansions. Arizona Technology Council praises AZ’s 2022 fiscal year budget proposal The Council’s president and CEO Steven G. Zylstra said the proposal includes funding to keep Arizona competitive in tech. The proposed budget includes many of … Read more
Anuncia, a medical device company and innovator in cerebrospinal fluid (CSF) management, announced its plan to move its headquarters to Scottsdale. The headquarters will be at SkySong, the Arizona State University Scottsdale Innovation Center. This location provides the company with access to research and development opportunities, as well as bioscience and healthcare talent. It also … Read more