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Santa Monica Startup Nacelle Pulls in $18 Million

L.A. Business Journal

Santa Monica-based startup Nacelle Inc. has raised in $18 million in Series A funding led by Inovia Capital.

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Santa Monica's Science Inc. Backs Electric Motor Startup In $4.5M Funding

socalTECH

Santa Monica-based Science Inc. , the startup studio led by former MySpace CEO Michael Jones and startup veteran Peter Pham, is the lead investor in electric motor startup Linear Labs. in a seed funding round, led by Science Inc. in a seed funding round, led by Science Inc.

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Boost.ai, Backed By $5M, Opens HQ In Santa Monica

socalTECH

Boost.ai , a European startup which is developing conversational artificial intelligence (AI) software for banks, financial institutions, and other enterprises, said this morning that it has set up shop in Santa Monica, setting up its North American headquarters here as it expands to the US. was founded in 2016.

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BLANKSPACES Returns To Santa Monica's 2nd Street

socalTECH

BLANKSPACES , one of the original, coworking facilities in Los Angeles, is returning to Santa Monica's 2nd Street, according to CEO Jerome Chang. Chang said that its 2nd St. location will again be operating as BLANKSPACES. READ MORE>>.

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Shoes Of Prey Raises $15M, Sets Up Shop In Santa Monica

socalTECH

Shoes Of Prey , a fashion startup which allows women to custom order shoes to their specifications, has raised $15M in a Series B funding, and set up shop in Santa Monica, according to the company. The company was founded by Michael Fox, Mike Knapp and Jodie Fox in Sydney in 2009.

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Bonfire Ventures Eyes New, $165M Fund

socalTECH

Santa Monica-based venture capital firm Bonfire Ventures is looking to raise $165M in its third fund, according to a regulatory filing from the firm. The regulatory filing says the firm has yet to sign up any limited partners on the new fund. Bonfire makes early stage investments in B2B software startups.

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Realtime Raises $100M, Opens Office In Santa Monica

socalTECH

Realtime , a startup developing technology to help power real-time web applications, said today that it has raised $100M, launched in the U.S., and opened up a new office in Santa Monica. The new funding came from BRTech Holding, a Sao Paulo-based technology investment firm.