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Kim Kardashian becomes a private equity dealmaker in collab with ex-Carlyle partner

TechCrunch LA

Kim Kardashian, who passed the “baby bar” exam in preparation to become a lawyer last year, just added another job title to her lineup — private equity investor. SKKY will take both control and minority stakes in its target companies, according to the Journal. billion with her stake at over $1 billion.

Equity 299
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AdviserSource Acquires Advisory Equity

socalTECH

Los Angeles-based financial advisory consulting provider AdviserSource.com says it has acquired Advisory Equity, a developer of a financial marketplace app developer. According to AdviserSource, the deal was funded by additional growth capital provided by Fintech Fund II, LLLP.

Equity 113
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Planning 500,000 charging points for EVs by 2025, Shell becomes the latest company swept up in EV charging boom

TechCrunch LA

Shell’s plan to roll out 500,000 electric charging station in just four years is the latest sign of an EV charging infrastructure boom that has prompted investors to pour cash into the industry and inspired a few companies to become public companies in search of the capital needed to meet demand. One more deal soon followed.

Company 363
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Sugarfina Raises $35M In Private Equity Funding

socalTECH

Los Angeles-based upscale, luxury confections brand Sugarfina announced on Thursday morning that it has raised $35M in a growth equity funding, from private equity investor Great Hill Partners. Sugarfina has now raised more than $50M in funding. Sugarfina has now raised more than $50M in funding.

Equity 133
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Startup Boost Targets Los Angeles With Pre-Accelerator Program

socalTECH

Do you have a startup idea, and a team, but no seed funding, and are even too early for an early stage startup accelerator? The program--which is taking applications here in Los Angeles until March 22nd--said it is looking for eight startups to include in a six week mentorship and training program. READ MORE>>.

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OfferPad Plans Launch In Los Angeles After $260M Funding

socalTECH

OfferPad , a startup which operates an online service which provides instant home buying offers to homeowners, is planning to launch its service in Los Angeles, after raising $260M funding. OfferPad, which is based in Arizona, said the funding came from LL Funds LLC. READ MORE>>.

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HBCUvc founder Hadiyah Mujhid on one way investors can advance racial equity

TechCrunch LA

We’ve created the HBCUvc Donor Circle as an opportunity for supporters and individuals to engage in our work and join a long-term strategy toward racial equity in venture capital and technology,” she wrote in the post. We cannot make significant progress in advancing racial equity without long-term financial commitment,” Mujhid wrote.

Equity 220