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L.A. Startups Received $369 Million in Seed Funding in 2016

L.A. Business Journal

Seed-stage companies in Los Angeles received a total of $369 million in funding in 2016, according to report from Venice tech accelerator Amplify.LA.

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AmplifyLA: Dramatic Drop In Seed Funding In LA In Q1

socalTECH

reports that seed funding in Q1 of 2017 dropped precipitously, falling 42.2 percent from Q4 of 2016, and 43.8 According to AmplifyLA , the number of seed deals dropped to 27 in the quarter, down from 32 from Q4, and--making a grim quarter even worse--the average seed size declined to only $1.9M raised, from $2.8M

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Reflections on 2016: Grant Hosford, codeSpark

socalTECH

This holiday season, we are again sharing the reflections on 2016 from Southern California's technology ecosystem. Grant Hosford: codeSpark's biggest news in 2016 was closing on $4.1M of seed funding and launching our popular subscription service for kids ages 4-10. You can see all of our holiday reflections here.

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What Do LPs Think of the Venture Capital Markets for 2016?

Both Sides of the Table

I have also heard LPs express concern over the last few years about the seed stage of venture. One narrative is that too many funds have been created, and without a strong sense of differentiation, there will be too many mediocre seed funds. 89% of LPs survey expressed some level of concern about the seed market.

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Aira.IO Finds Seed Funding To Assist The Blind Using Google Glass

socalTECH

La Jolla-based Aira.IO , a developer of software tools which use Google Glass to help the blind and low-vision individuals, has raised $790,000 in a seed funding round, the company said this morning. The funding came from Lux Capital and ARCH Venture Partners,a long with futurist Ray Kurzweil and blind adventurer Erik Weihenmayor.

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Upfront Uncloaks New Startup, Projector

socalTECH

Los Angeles-based venture investor Upfront Ventures unveiled one of its new startups on Wednesday, a company which has been in stealth mode since 2016.

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Moonshots Capital Ramps Investment Pace With Lead On Two Investments

socalTECH

seed funding in that firm. presidential elections in 2016. Threatcare says it provides breach and attack simulation, antivirus assessment, credit card exfiltration, and many other simulations to help organizations evaluate cybersecurity software--to see how effective those tools are, before an actual breach.

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