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Riot Games Commits $10M To Minority Owned Game Studio Investments

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Los Angeles-based Riot Games is looking to help patch up rocky race relationships in the United States, saying over the weekend that it will invest $10M in minority-owned game studios, in addition to providing $1M to the Innocence Project and the ACLU (American Civil Liberties Union), via is Social Impact Fund.

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Patron Picks Up $90M For Games, Consumer, Web Investments

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A new, early-stage venture firm, Patron--which has one of its General Partners based in Los Angeles--said on Tuesday that it has raised $90M in a new venture capital fund. Yeh and Cho said that they have served across such companies as Riot Games, FirstMark Capital, and Andreessen Horowitz. Yeh is based in Los Angeles.

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White House Order Bans TikTok, WeChat

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The complete implications of the executive order are unclear, however, Tencent has a large presence and investments across Southern California's the US tech industry, including owning 100 percent of Los Angeles-based Riot Games , 40 percent of Epic Games , 5 percent of Los Angeles-based Activision Blizzard , not to mention having business deals with (..)

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NI0, Backed By $500K From Tech Investors, Gears Up For Launch

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Los Angeles-based NI0 , a new startup in the sports and nutrition vertical, is gearing up for launch, backed by $500,000 in seed funding from a number of tech investors. Riot Games). The startup is aiming at the athletic training and recovery market, with a new sports tape which incorporates supplements. READ MORE>>.

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Singularity 6 Takes $16.5M In Series A

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Los Angeles-based Singularity 6 , a developer of online games, has raised $16.5M Andrew Chen, a Partner at Andreessen Horowitz, will join the company's board of directors as part of the investment. Andrew Chen, a Partner at Andreessen Horowitz, will join the company's board of directors as part of the investment.

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Understanding What’s Going on in #LATech

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Upfront Ventures was created 20 years ago as one of the original VC funds in Los Angeles. Back then only 15% of our dollars were invested locally whereas today 50% of our dollars are invested in LA. Back then only 15% of our dollars were invested locally whereas today 50% of our dollars are invested in LA.

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How Do I Feel About the Snap IPO Given I Didn’t Invest?

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Every tech or major news journal in the country is preparing to write their Snap, Inc (creators of Snapchat, Spectacles, etc) stories and many of them seem to want a “How does it feel to have missed this investment story.” Lightspeed, Benchmark, IVP, General Catalyst, SV Angel and others.

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