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StartEngine Chalks Up 25 Companies Raising Funding Since Start Of 2017

socalTECH

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. READ MORE>>.

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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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Details of Upfront Ventures New $400 Million Fund

Both Sides of the Table

I am so proud and humbled to be able to formally announce that Upfront Ventures has raised its 6th venture capital fund in the past 21 years. Upfront VI is our latest core fund and is $400 million to invest in early stage entrepreneurs. This brings our combined funds under management to nearly $2 billion.

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Some Advice Before You Hit the Fund Raising Trail

Both Sides of the Table

Fund raising. But it’s critical for your business, for you as a leader and people who excel at fund raising have an extreme advantage over those who do not. As a VC I also have to fund raise every three years and these posts 100% apply to VCs raising money, too. It definitely has a “d” in it, as in it’s really not fun, raising.

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Squarespace raises $300M at a staggering $10B valuation

TechCrunch LA

Squarespace has raised $300 million in a round of funding that values the company at a staggering $10 billion valuation. New backers include Dragoneer, Tiger Global, D1 Capital Partners, Fidelity Management & Research Company, funds and accounts advised by T. Declining ad rates may signal a reset for startup SEM strategies.

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Bird investor Upfront Ventures eyes $250M growth fund

TechCrunch LA

Securities and Exchange Commission to raise its third growth-stage investment fund. Upfront’s investor line-up also includes partners Kobie Fuller, Greg Bettinelli, Kara Nortman and Kevin Zhang. One of the oldest VCs rooted in LA, Upfront previously closed on $400 million for its sixth flagship early-stage fund in 2017.

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As it adds Jeremy Milken to the partnership, Watertower Ventures nears $50 million close for its new fund

TechCrunch LA

Milken is taking the plunge into institutional investing, joining Norton as a partner in Watertower Ventures just as the firm prepares to close on a $50 million new fund. We’re seeing a lot more companies that are starting up now as a result of a [the pandemic],” said Norton. “I see two things happen.

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