socalTECH

OCTOBER 13, 2021

The former CEO and founder of Los Angeles-based advertising exchange Rubicon Project, Frank Addante, has launched a new, startup investment fund, he announced on Wednesday, saying that after a brief foray into retirement he decided to launch TinkerBarn Ventures, a new startup studio and early stage investment fund.

Invest 113

Invest Funding Startup Advertising 113

socalTECH

DECEMBER 26, 2017

Since we started Science six years ago, we've co-founded and invested in more than 70 companies and have exited multiple portfolio companies. What was the biggest personal lesson you learned from 2017? Are there any technology innovations, gadgets, devices, software, that particularly caught your eye in 2017. in exits.

Dollar Shave Club 140

Dollar Shave Club Userplane Tsavo Southern California 140

socalTECH

OCTOBER 11, 2017

In the latest fund in an unprecedented boom in local investment funds, Los Angeles-based Pontifax AgTech Management announced this morning that it has closed on its first fund, a $105M fund calld the Pontifax Global Food and Agriculture Technology Fund. Pontifax AgTech was co-founded and is led by Ben Belldegrun and Phil Erlanger.

Invest 113

Invest Funding Southern California Venture Capital 113

Xconomy

JANUARY 9, 2019

Venture capital investments rose in 2018 to levels not seen since the heady days of 2000, the last year U.S. That’s according to PitchBook and the National Venture Capital Association’s Venture Monitor report, released this week, which tallied nearly 9,000 deals made last year, through which venture investors sunk $130.9

Venture Capital 86

Venture Capital Invest Capital Report 86

socalTECH

JUNE 8, 2017

Los Angeles-based StartEngine , the equity crowdfunding service run by serial entrepeneur Howard Marks, has chalked up 25 companies raising money on its platform since the start of 2017, according to the company.

Startup 124

Startup Activision Company Companies 124

socalTECH

MAY 11, 2017

Irvine-based angel investment group Tech Coast Angels said this morning that it has had it's best Q1 ever, both in terms of dollars and total deals. According to the TCA, it invested $3.8M in total across 17 deals, for the quarter ending March 31st, 2017. InvestED, Mobilize Solutions, OnRamp, and Tot Squad.

Tech Coast Angels 124

Tech Coast Angels Southern California Angel Invest 124

TechCrunch LA

SEPTEMBER 24, 2018

In Los Angeles alone, services like Nugg , Ganjarunner , Kushfly , Eaze , HERB , Westside Organic , and Cannabis Express , all pitch delivery services for marijuana or cannabis infused products, oils and vapes to willing consumers. ” Right now, marijuana delivery is something of a land grab. ”

Services 259

Services Venture Capital Startup Los Angeles 259

Tech.Co

OCTOBER 26, 2017

Fortunately, there are thousands of options for raising capital, from angel funds and VC firms to crowdfunding campaigns and looking through your couch cushions. Thanks to data from Crunchbase , we can bask in the glory of the five highest funding rounds in 2017 so far. Yes, those are billions with a capital B.

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Funding Equity News Platform 70

TechCrunch LA

MAY 20, 2021

Builders VC led the round, which included participation from Celtic, Newfund and Wish co-founder Danny Zhang. Stella Wu, who formerly worked as a growth product manager at Wish, got firsthand experience of the pain points related to the process when she bought her own house in 2017. “I

Technical Review 185

Technical Review Startup Venture Capital Software Review 185

TechCrunch LA

MAY 23, 2019

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.

Funding 218

Funding Startup Seed Funding Los Angeles 218

TechCrunch LA

AUGUST 16, 2020

Over their longtime personal and professional relationship, the two Los Angeles-based serial entrepreneurs have invested in each other’s companies and investment firms, but never worked together until now. These opportunities are creating an opening for Watertower Ventures in markets far beyond the Hollywood hills.

Funding 230

Funding Southern California Los Angeles Invest 230

TechCrunch LA

APRIL 22, 2019

The Los Angeles-based company’s public offering should be a nice windfall for the Chicago-based investors DNS Capital, an investment firm managing the private wealth of the Pritzker family, and Cleveland Avenue, founded by former McDonald’s executive Don Thompson; as well as the venture capital firms Kleiner Perkins and Obvious Ventures.

Pricing 236

Pricing Los Angeles Venture Capital Study 236

TechCrunch LA

MAY 25, 2019

Hello and welcome back to Startups Weekly, a newsletter published every Saturday that dives into the week’s most noteworthy venture deals, fundraises, M&A transactions and trends. Liquid Death has attracted nearly $2 million in funding from angel investors like Away co-founder Jen Rubio and Twitter co-founder Biz Stone.

Startup 223

Startup Venture Capital Newsletter Tips 223

TechCrunch LA

JUNE 10, 2020

In response to VCs’ sudden rush to invest in more Black founders , Black venture capitalists and entrepreneurs have penned a bunch of advice on the best way to tap into talent. It held a city-based internship program with Los Angeles, which connects students to venture capital firms in the area.

Equity 220

Equity Technical Review Venture Capital Blogging 220

socalTECH

JUNE 23, 2020

Los Angeles-based Upfront Ventures has just kicked off an effort to raise a new, $280M venture capital fund, Upfront VII, L.P. Upfront Ventures started raising $250M in a growth fund, Upfront Growth II, back in June of 2019, and raised its last core fund, Upfront VI, back in June of 2017.

GRP Partners 113

GRP Partners Funding Venture Capital Los Angeles 113

Xconomy

OCTOBER 9, 2017

“More dollars, fewer deals” has been a prevailing trend in venture funding over the past couple of years, and it was evident again in the three months that ended September 30, according to the latest Venture Monitor report. Venture firms invested $21.5 While there was a 6 percent downtick from funding in the previous.

Venture Capital 66

Venture Capital Funding Report Capital 66

socalTECH

OCTOBER 20, 2017

Los Angeles and San Diego are among the metro areas with the highest startup activity, based on a new report from the Ewing Marion Kauffman Foundation. The Kauffman Foundation says its 2017 Startup Activity Index is an index measure of a broad range of startup activity in the United States across national, state, and metropolitan-area levels.

San Diego 113

San Diego Los Angeles Report Angel 113

TechCrunch LA

SEPTEMBER 13, 2021

Existing investors DST Global, 01 Advisors, Dragoneer Investment Group, Franklin Templeton and Mubadala Investment Company too doubled down on their investments in SpotOn, joining new backers Wellington Management and Coatue Management. With the new capital, SpotOn has raised $628 million since its inception.

Technical Review 296

Technical Review Software Review Invest Acquisition 296

socalTECH

SEPTEMBER 10, 2020

Los Angeles-based Bonfire Ventures has closed its second fund, Bonfire Ventures II , at $100M. The fund is a boost from the firm's last fund, which closed in January of 2017 at $63M. Bonfire says it plans to invest in 25 to 30 companies over a three year investment period, focused on the seed stage of investing.

Funding 113

Funding Invest Research Los Angeles 113

socalTECH

APRIL 19, 2017

reports that seed funding in Q1 of 2017 dropped precipitously, falling 42.2 AmplifyLA pointed out that the seed deals were in contrast to the bigger picture, where venture capital investments were up 15 percent nationally--but pointed out that those gains were driven by "mega-deals", rather than seed funding.

Seed Funding 124

Seed Funding Funding Venice Venture Capital 124

SoCal Tech Calendar

JUNE 22, 2017

Wednesday, June 28, 2017 -- LAVA's First Look LA. Join us at Cal State Los Angeles for a full day of innovations and technologies presented by the region's finest researchers and inventors! This technology preview is geared for Serial Entrepreneurs, Angel Investors, and Venture Capital Investors.

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LAVA UCI CalTech UCLA 100

socalTECH

JUNE 7, 2018

Los Angeles-based HyreCar , which operates a marketplace that connects car owners with drivers for services such as Uber and Lyft, has bumped its IPO size, saying in a filing on Thursday that it is looking to offer 2,100,000 shares of its common stock at between $5.00 for the year ended December 31, 2017. for the company.

Venture Capital 100

Venture Capital Equity Los Angeles Report 100

Startup Professionals Musings

DECEMBER 16, 2017

Entrepreneurs who require funding for their startup have long counted on self-accredited high net worth individuals (“angels”) to fill their needs, after friends and family, and before they qualify for institutional investments (“VCs”). Rose, according to his latest book, “ Angel Investing.” Neither does David S.

Startup 76

Startup Angel Funding .Net 76

socalTECH

MARCH 1, 2019

Los Angeles-based food brand Beanfields , a manufacturer of vegan, gluten-free, non-GMO, kosher chips, said this week that it has raised a Series B funding round. The funding was led by PowerPlant Ventures, and also included NRV and Western Technology Investment. Size of the funding was not announced. READ MORE>>.

Ventura 133

Ventura Los Angeles Funding Invest 133

TechCrunch LA

OCTOBER 29, 2019

The Los Angeles-based mobile game development studio Scopely has become America’s newest unicorn thanks to a $200 million financing which values the company at a whopping $1.4 The new investment follows Scopely’s milestone of achieving more than $1 billion in lifetime revenue.

Mobile 148

Mobile Invest Platform Los Angeles 148

TechCrunch LA

FEBRUARY 20, 2019

Capitalism is fundamentally about timing, since market competition is about finding opportunities before others. When should a VC invest? Between TechCrunch today and my former roles in venture capital, I’ve had the opportunity to practice timing a lot. Mithril Capital, management fees, and VC strategic drift.

Venture Capital 202

Venture Capital Startup Technical Review Invest 202

socalTECH

DECEMBER 30, 2016

Despite the Q1 correction in valuation, and subsequent drop in VC funding, we saw numerous LA companies not only survive, but thrive - despite the macroeconomic trends. Other examples include media tech companies ZEFR and GumGum � both having record years and positioned extremely well for continued growth in 2017. Rob Freelen: Focus.

Santa Monica 124

Santa Monica Southern California Venture Capital SoCalTech 124

socalTECH

OCTOBER 22, 2018

Sir Richard Branson is out as the Chairman of Los Angeles-based Virgin Hyperloop One , the developer of high speed, "hyperloop" transportation technology, the company said on Monday. Two other, local Branson-linked firms--Virgin Galactic and Virgin Orbit-- also had deals with Saudi Arabia for investments. READ MORE>>.

Report 133

Report Los Angeles Activity Invest 133

socalTECH

MARCH 13, 2018

Los Angeles-based advertising exchange and technology developer OpenX said on Tuesday that its net revenues rose to $172M in 2017, as it saw 20 percent growth in its revenues for the fourth quarter. The company said it invested over $50M in R&D efforts towards its technology an product in 2017. READ MORE>>.

OpenX 124

OpenX .Net Advertising Los Angeles 124

TechCrunch LA

AUGUST 15, 2018

Daniel Kim and Jay Lee, the two founders of AuditBoard , a Los Angeles-based provider of a risk and compliance software service for large businesses, grew up middle school friends in Cerritos, Calif. Now, AuditBoard joins a growing list of Los Angeles business-focused software companies that are beginning to scale dramatically in the city.

Startup 155

Startup Cerritos Los Angeles IBM 155

socalTECH

JUNE 26, 2018

Troubled Los Angeles-based electric car maker Faraday Future has received a $2 billion lifeline, and says is continuing to work on delivering its first production vehicle, the FF 91. As part of the funding round, the company said that Yueting (YT) Jia, founder of Faraday Future, will become Global CEO of the company. READ MORE>>.

Invest 100

Invest Los Angeles Funding Product 100

socalTECH

JANUARY 7, 2019

Los Angeles-based NantCell , one of the biotech companies run by billionaire Dr. Patrick Soon-Shiong, has raissed another $30M from Celgene , according to the two companies. The new investment was made on December 19th. Celgene had invested $75M in NantCell back in May of 2017, and has been an investor in the company since 2015.

Invest 113

Invest Los Angeles Startup Product 113

socalTECH

DECEMBER 21, 2017

For today's interview, we spoke with Richard Sussman , who is leading up investments for a new venture capital firm in town, NordicEye (www.nordiceye.com), which just saw a big exit in one of its very first investments, Los Angeles-based Weblife. Give us an overview of your fund and what you invest in?

Southern California 133

Southern California Startup Venture Capital Invest 133

socalTECH

FEBRUARY 15, 2019

Skyler Lucci is co-founder and CEO of Los Angeles-based HeyTutor (www.heytutor.com), a startup which has created an online platform which connects and matches students with in-person tutors. The company recently raised a round of funding from Santa Barbara-based ScOps Venture Capital. The second thing, is tools.

Startup 113

Startup Venture Capital Beverly Hills Acquisition 113

Xconomy

JANUARY 24, 2019

The team at Trust & Will, a San Diego-based startup founded in October of 2017, is betting that a good chunk of those people would shell out some money to outline an estate plan if the process were cheaper and easier. [ Updated 9:30 a.m., million in seed—in 2018 to advance its growing suite of products, digitized.

San Diego 73

San Diego Seed Funding Funding Startup 73

Startup Professionals Musings

OCTOBER 30, 2017

One of the most common complaints I hear from new business owners and startups is about the pain and difficulty raising capital. The “venture capital” model is the only option they know, where they feel they get no mercy, giving up equity and control. Document the investment types you are willing to consider.

Technical Review 88

Technical Review Equity Capital Entrepreneur 88

Startup Professionals Musings

DECEMBER 11, 2017

As an angel investor and business advisor on new ventures, I expect to see five-year financial projections from every entrepreneur. Calculate cash-burn rate and investment timing. Project your cash burn rate to keep at least 18 months between venture capital or angel investments.

Pricing 57

Pricing Startup Entrepreneur Invest 57