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Fisker to Raise $625 Million to Fund Second EV Model

L.A. Business Journal

Manhattan Beach-based Fisker Inc. is lining up capital to start production on a second electric vehicle in late 2023 after unveiling a debt offering of $625 million.

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Graduway Gets Investment From Manhattan Beach's K1

socalTECH

Graduway , a developer of software used for alumni engagement and career services management, has scored an investment from Manhattan Beach-based investor K1 Investment Management. Size and terms of the investment were not announced. K1 Investment Management says it invests in high growth, enterprise software companies.

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Traliant Gets Majority Funding From Private Equity Investor

socalTECH

Manhattan Beach-based Traliant, which provides online workplace compliance training solutions, said it has received a majority investment from private equity investor PSG. Financial terms of the investment were not announced. Traliant was founded in 2016, and says it has over 5,000 customers.

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Pod Network Picks Up $5M For Social Media App

socalTECH

Manhattan Beach-based Pod Network , which says it is developing a mobile, social media network which connects users based on their physical location, plus professional and personal interests, has raised $5M in a seed funding. The company said the round was led by PACA Ventures and Anthony Misitano, founder of Post Acute Medical.

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CapLinked Adds Startup Funding Docs

socalTECH

Manhattan Beach-based CapLinked , the developer of a software-as-a-service tool for managing venture capital and angel fundraising efforts for companies, said today that it has launched a free library of document templates covering the startup process. CapLinked, which is headed by PayPal alum Eric M. READ MORE>>.

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Morphlabs Gets $10M More For OpenStack Efforts

socalTECH

Manhattan Beach-based OpenStack systems developer Morphlabs announced this morning that it has raised $10M in a Series D funding round, bringing the company''s total raised to $22.5M. morphlabs venture capital openstack asia software hardware hosting' Morphlabs said the move will go towards expansion in Asia. READ MORE>>.

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Insights and Opinions: 5 Mistakes Entrepreneurs Make While Raising Capital

socalTECH

What are some of the more common mistakes entrepreneurs make when raising capital? Jackson , the CEO and co-founder of Manhattan Beach-based CapLinked , shares his top five for our Insights and Opinions section. Read Eric's advice in 5 Mistakes Entrepreneurs Make While Raising Capital. READ MORE>>.