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Tech Coast Angels Los Angeles Launches New Members Only Fund

socalTECH

The Tech Coast Angels says it has launched a new, annual fund, and is continuing to invest--despite the pandemic. The angel group, the largest in the nation, said it invested over $19M in 2019, in part due to a similar fund created by its San Diego chapter, the TCA-San Diego, last year. READ MORE>>.

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Port of Los Angeles Wins $41M For Hydrogen Fuel Cell Project

socalTECH

The Port of Los Angeles reported late Friday that it has received a preliminary award of $41M, from the California Air Resource Board (CARB), for a high tech hydrogen fuel cell freight project. The Port said the project has a total cost of $82,568,872, with partners providing 50.2%, or $41,446,612 in match funding.

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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

The market was down considerably with public valuations down 53–79% across the four sectors we were reviewing (it is since down even further). ==> Aside, we also have a NEW LA-based partner I’m thrilled to announce: Nick Kim. First in late-stage tech companies and then it will filter back to Growth and then A and ultimately Seed Rounds.

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Ghost appears with new funding, marketplace to match buyers with unsold products

TechCrunch LA

Josh Kaplan and Dee Murthy, both founder and co-CEO of the Los Angeles–based company, started Ghost in 2021 after previously working together at Four Five Group, a men’s apparel business. Ghost is not alone in developing technology focused on inventory. Last week, Syrup Tech raised $6.3 Syrup Tech bags $6.3M

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Eano’s Stella Wu is not your typical construction tech startup founder

TechCrunch LA

Construction tech startups are poised to shake up a $1.3-trillion-dollar As more people spent time at home last year due to the COVID-19 pandemic, the startup saw its contract revenue spike by 5x, Wu says. For now, Eano is operating in the Bay Area and Los Angeles, with plans to expand to Seattle and Houston this year.

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Tech Coast Angels Looks To Shorten Funding Cycle

socalTECH

The Tech Coast Angels , Southern California's most active , organized angel investment group, has a goal: cut down the time it takes to fund a startup presenting to the organization.

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Spying a pivot to ghost kitchens, Softbank’s second Vision Fund pours $120 million into Ordermark

TechCrunch LA

The 29 year-old CEO has, indeed, built a decentralized ghost kitchen — and managed to convince Softbank’s latest Vision Fund to invest in a $120 million round for that the company announced today. In some ways, Nextbite couldn’t exist without Ordermark’s delivery aggregation technology.

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