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Why Has Seed Investing Declined? And What Does this Mean for the Future?

Both Sides of the Table

Over the past month a colleague ( Chang Xu ) and I sifted through data on the venture capital industry (as we do every year) and made a bunch of calls to VCs and LPs to confirm our hypotheses. As a result of the IPO window shifting we saw a massive inflow of public-market capital into the latest stages of venture.

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GOAT Group Gets $100M More

socalTECH

According to GOAT Group, the new funding will go to further accelerate growth across product categories and geographies. Lu, i a statement, said that there are "significant market opportunities in sneakers, apparel and additional categories through technological innovation". The Series E funding was led by D1 Capital Partners.

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

socalTECH

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. The company's General Partners are Jason Yeh and Brian Cho.

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LA-based A-Frame, a developer of celebrity-led personal care brands, raises cash for its brand incubator

TechCrunch LA

“For us the calculus was to look at personal care and see what categories need to be reinvented because of sustainability,” said Bloom. “It was important to us once we get to a category what is the demographic opportunity. However, venture capitalists have been down this road before. The Honest Co.

Incubator 184
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Sneaker culture staple GOAT hits $1.75 billion valuation on new $100 million round

TechCrunch LA

Since it launched in 2015 it has expanded into adjacent categories and become one of the biggest retailers of the current e-commerce craze. The company has managed to raise $200 million from investors including Accel, Upfront Ventures, and the shoe retail giant, Foot Locker kicked in another $100 million on its own.

Commerce 255
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Scopely Scores $340M Funding Round

socalTECH

Scopely said the new funding will go towards supporting its M&A strategy as well as expansion into new product categories. According to Scopely co-CEO Walter Driver, the investment comes as Scopely has become a "significantly profitable business". READ MORE>>.

Funding 113
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PortalOne raises $60M as it levels up to launch its hybrid, immersive gaming platform later this year

TechCrunch LA

Gaming has been one of the most popular entertainment categories in the last two years of pandemic living. Now, a gaming startup that’s building a new kind of platform that it thinks will be a — wait for it — game changer in the category is announcing some funding as to ride that wave of attention.

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