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Postie Raises $3.5M To Apply Machine Learning To Direct Mail

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Los Angeles-based Postie , a new startup focused on using machine learning and "quant marketing" to direct mail, said on Tuesday that it has raised $3.5M in a seed funding. The funding was led by Bonfire Ventures and Crosscut Ventures.

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Retina Finds $8M

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Los Angeles-based Retina, a startup that is using artificial intelligence for predicting customer lifetime value, said on Tuesday tht it has raised $8M in a Series A funding round. The funding came from Alpha Intelligence Capital and Vertical Venture Partners. Retina is led by co-founder and CEO Emad Hasan.

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Tx Zhuo On LA's Newest Venture Fund, Fika Ventures

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Last week, Fika Ventures , LA's newest venture fund, announced its formation, led by tech investment veterans Tx Zhuo and Eva Ho. We sat down with Tx Zhuo to chat about the new fund, what investments it hopes to make, and what kind of entrepreneurs the fund is looking to invest in. Tell us a bit about the new fund?