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Funraise Creates $600K Fund For Nonprofits

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Los Angeles-based Funraise , the Los Angeles startup which develops customer relationship management (CRM) and other technology for nonprofits, says it has created a new, $600,000 fund to provide grants to nonprofits. Application for its first round of grants are due by July 31st. Funraise is led by CEO Justin Wheeler. READ MORE>>.

Funding 113
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Sunstone Joins In $100M Funding For Supersonic Plane

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Long Beach-based investor Sunstone Venture Capital Fund says it has participated in the funding for supersonic airplane maker Boom Supersonic. John Shen is founding partner of Sunstone Management, which says it provides wealth management to high net worth clients worldwide, in particular U.S. new-immigrant families.

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Demand Media Nets $77.2M From IPO

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in net proceeds from the firm's IPO last week. The firm, which debuted on the NYSE as DMD, said it will use the new funding for investments in content, international expansion, working capital, product development, sales and marketing activities, general and administrative matters and capital expenditures.

.Net 145
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Baroda In Fab.com's New $105M Funding

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Los Angeles investor Baroda Ventures , the venture capital arm of David Bohnett, has re-upped on online fashion and e-commerce site Fab.com , in a big, $105M third round of funding for that site. Baroda has been an investor in Fab since its seed funding back in June of 2010.

Funding 178
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CODA Holdings Closes $147M Funding

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Los Angeles-based CODA Holdings , the developer of electric vehicles and battery systems, said late Monday evening that it has completed a $147M, Series D funding round. The firm said the new funding brings its total raised to more than $300M.

Funding 159
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Sibling Capital Announces New Fund In Southern California

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The new fund said it made its first investment, part of an $80M investment in biopharmaceuticals firm Relypsa. Size of the new fund was not announced. Sibling Capital said its fund comes from a variety of high net worth individual investors, including Jim Givan. chemistry, medicine and material sciences.

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EVgo Completes SPAC Deal, Trading Now On Nasdaq

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EVgo had previously said it would receive $575M in net proceeds, which it will use to fund and accelerate its growth strategy and network build out. The special purpose acquisition company (SPAC) deal creates a new, publicly traded company called EVgo Inc.,

.Net 133