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Dollar Shave Club Gets $1M To Disrupt The Razor Industry

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Los Angeles-based Dollar Shave Club said this morning that it has raised $1M in a funding round, led by Kleiner Perkins and Forerunner Ventures, and also including Andreesen Horowitz, Shasta Ventures, and Felicis Ventures, along with angels Shevin Pishevar, Dennis Phelps, and David Hornig.

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Science Inc. Eyes New Venture Capital Fund

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The startup studio--which both incubates its own companies as well as works with startup founders to help accelerate their efforts--has backed such companies as Dollar Shave Club , DogVacay , FameBit , EventUp , August Home , Hello Society , Playhaven , and Superfly Labs. READ MORE>>.

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

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The startup was started by Dave Fink (CEO and co-founder of Postie) and Jonathan Neddenriep (CTO and co-founder), who both previously were at startup studio and incubator Science Inc., working on such companies as Dollar Shave Club, DogVacay, MeUndies, Famebit and Hello Society.

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Science Raising New $30M Fund For LA Startups

socalTECH

the startup incubator headed by former MySpace CEO Mike Jones, is reportedly raising another $30M in funding to put towards its startups. According to a report this morning, the fund will also invest in non-Science incubated startups. Science, Inc. , The startup studio is managed by Jones along with former Photobucket exec Peter Pham.

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Science Goes All In On Blockchain, Plans $100M ICO

socalTECH

Santa Monica-based startup studio Science is making a move into the world of Blockchain, saying on Thursday that it plans to run its own "initial coin offering" (ICO) worth up to $100M, to raise money to invest in blockchain-related startups that it will incubate.

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Science Inc. Gets $20M In Debt Funding, Grows To 150 People

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Los Angeles based startup incubator/studio Science --which is behind such local startups as Dollar Shave Club and DogVacay--has quietly raised $20M in a debt financing round, according to the companies. Science said it has now invested in, built, or acquire more than 37 early stage companies. READ MORE>>.

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Southern California needs to find its hub for it to develop its own tech ecosystem

TechCrunch LA

Los Angeles investor Mark Suster, a general partner with Upfront Ventures , has been beating the drum for Los Angeles as a new tech hub for a while — and billion dollar exits for Ring and Dollar Shave Club, in addition to the public offering for Snap, lend credence to his position.