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Swell Launches Social Impact Investing Platform

socalTECH

Newport Beach-based Swell , a new fintech startup, said on Tuesday that it has launched a new online platform which lets consumers invest in specific portfolios focused on social impact.

Platform 124
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Classy Acquires Events Platform Fondi

socalTECH

San Diego-based nonprofit software developer Classy announced on Tuesday that it is acquiring event platform Fondi, the developer of a virtual and hybrid event platform. Financial details of the acquisition were not announced. Classy said it will relaunch Fondi as Classy Live for nonprofits. Fondi was previously owned by Lennd.

Platform 113
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Champion Technology Gets Investment From R9B

socalTECH

Santa Monica-based Champion Technology , which develops an artificial intelligence-powered software product for the cybersecurity area, to help improve cyber security analysis, has received a strategic investment from R9B (root9B, LLC), a provider of cybersecurity products and services. Size of the investment was not announced.

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Seqster Gets Investment From Takeda

socalTECH

San Diego-based Seqster , which develops software used f[link] health data management, said today that it has received an investment from Takeda Pharmaceuticals. Size of the investment was not announced. The company says its platform is already in use among 3,000 healthcare providers and over 100,000 hospitals and clinics.

Invest 169
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Afterparty Snags $3M For NFT Creation Platform

socalTECH

Los Angeles-based Afterparty, which is developing an platform which the company says helps creators launch their own NFTs, says it has raised $3M in a seed funding round. The company says its tools provide creators with the tools to launch NFTs and gain direct artistic and financial control of their fan relationships.

Platform 113
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Qualcomm Invests $97M In India's Jio

socalTECH

Qualcomm said its investment gives it a 0.15% equity stake in Jio Platforms. Qualcomm said the investment will go towards the buildout of 5G infrastructure and services for Jio's customers in India. Qualcomm is a provider of technology used in the 5G wireless industry. Jio has recently raised a total of $15.7

Invest 124
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AvantStay, a platform for kitting out — and then renting out — high-end vacation rental homes, raises $160M

TechCrunch LA

AvantStay — which has built a platform where it decorates and then lists properties owned by others for people to rent out for vacations or other short-term stays — has raised $160 million in a Series B round of funding. “It has always lagged hotels by a wide margin. . “It has always lagged hotels by a wide margin.

Platform 139