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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 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 Venice, California-based startup accelerator Amplify.LA

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Reflections On 2017: Peter Cowen, Sutton Capital Partners

socalTECH

This morning, we have a contribution from investor and investment banker Peter Cowen of Sutton Capital Partners. Sutton Capital Partners is a technology investment banking firm and we are, investors in local SaaS/subscription companies and is well known as the host of the annual Recurring Revenue Conference.

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AdQuick Adds $2.1M For Outdoor Advertising Marketplace

socalTECH

Los Angeles-based AdQuick , the outdoor advertising marketplace founded by veterans of Instacart, said this week that it has raised $2.1M more in funding. The new funding came from Initialized Capital. AdQuick, which launched its marketplace for outdoor advertising space, launched its services in 2017.

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Fika Ventures raises $76M to fund the growing LA tech ecosystem

TechCrunch LA

The Los Angeles ecosystem is $76 million stronger today as Fika Ventures , a seed-stage venture capital firm, announces its sophomore investment fund. Fika invests roughly half of its capital exclusively in startups headquartered in LA, with a particular fondness for B2B, enterprise and fintech companies.

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Elementary Robotics raises cash to expand in Los Angeles’ growing robotics hub

TechCrunch LA

million in seed funding to begin building a manufacturing facility and expand its presence in Los Angeles as the city continues to grow as a hub for robotics and automation. . That was around 2017, when the two first began brainstorming how they would build their company. Elementary Robotics has raised $3.6

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Kensh?, ‘the antithesis of Goop,’ launches a research-based guide to natural medicine

TechCrunch LA

million in seed funding from Crosscut, a Los Angeles-based venture capital firm, and Female Founders Fund. trillion market in 2017, according to The Global Wellness Institute , as subcategories like personalized medicine, healthy eating and fitness/mind-body accelerate growth.

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Down bad

TechCrunch LA

Things have already plunged so quickly at the signal of a recession that insiders fear a lengthy bear market could hit crypto far more brutally than expected — tearing tokens to lows far below the highs of the 2017 bull run. Metaverse play-and-earn company Atmos Labs brought in $11 million in a seed round led by Sfermion.