socalTECH

APRIL 8, 2019

Los Angeles-based fintech venture capital investor Core Innovation Capital is out looking for new investors in its third fund, with a target of $100M, according to regulatory filing by the firm on Friday. The company raised a similar fund , Core Innovation Capital II, LP, back in January of 2017. READ MORE>>.

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TechCrunch LA

JANUARY 25, 2022

The startup has received €50 million (just under $57 million at today’s rates) from the European Investment Bank, the funding arm of the European Union. It is not disclosing its valuation with this investment, but Alastair Westgarth said that this doesn’t rule out raising further funding from investors.

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Invest Technology Startup Los Angeles 233

TechCrunch LA

MAY 15, 2019

Furniture subscription rental service, Feather , is heading to Los Angeles and Orange County, California with $12 million in new funding and “thousands” of customers in New York and San Francisco.

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Los Angeles Orange County Services Angel 126

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.

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SoCal Tech Calendar

NOVEMBER 27, 2017

Thursday, November 30, 2017 -- Global LAVA: Blockchain and Cryptocurrency Investing. Speakers: Sheri Kaiserman, Head of Advanced Securities at Wedbush; Brad Bulent Yarar, Co-Founder Blockchain Investors Consortium (BIC); Adam Ettinger, Shephard Mullin; Heidi Pease, Co-Founder of UCLA and Los Angeles Blockchain Labs.

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LAVA Invest UCLA Los Angeles 100

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.

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Dollar Shave Club Tsavo Userplane 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. READ MORE>>.

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Invest Funding Southern California Venture Capital 113

TechCrunch LA

JULY 3, 2019

Upfront Ventures , a Los Angeles-based venture capital firm, has filed paperwork with the U.S. Securities and Exchange Commission to raise its third growth-stage investment fund. Though the firm typically invests at the seed and Series A, capital from Upfront Growth III will be used for follow-on or late-stage deals.

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Venture Capital Funding Los Angeles Invest 193

socalTECH

NOVEMBER 12, 2020

Anna Barber , the managing director of Techstars LA, has moved over to Los Angeles- and New York-based venture investor M13 , Barber announced this morning. M13's loal investments include LootCrate and ProGuides. Barber will serve as a Partner and head of M13's internal venture studio, Launchpad. READ MORE>>.

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Lootcrate Los Angeles Entertainment Invest 124

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. Derek Norton and Jeremy Milken have known each other for twenty years. “I see two things happen.

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Funding Southern California Los Angeles Invest 230

TechCrunch LA

FEBRUARY 11, 2020

Hyundai Motor Group said it will jointly develop an electric vehicle platform with Los Angeles-based startup Canoo, the latest startup tapped by the automaker as part of an $87 billion push to invest in electrification and other future technologies.

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socalTECH

FEBRUARY 16, 2018

Venice, California-based early stage, pre-seed investment fund and accelerator Amplify.LA has released its latest report on the state of the Los Angeles technology scene, saying that the city had a "landmark year". In the report, Amplify.LA For its own part, Amplify.LA billion, with so far 9 of its companies acquired.

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Snapchat Venice Los Angeles Report 100

TechCrunch LA

APRIL 30, 2019

The company’s financing troubles began in 2017 but a new crisis emerged last year after a fallout with Evergrande. The Chinese real estate giant backed out of a proposed $2 billion investment deal with Faraday at the end of 2018 following an extended dispute over terms. Faraday has since sought alternative investment.

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Invest Layoffs Los Angeles Product 143

socalTECH

AUGUST 13, 2020

Los Angeles-based venture investment firm Watertower Ventures disclosed on Thursday that it has raised $50M in a funding round, for the firm's second fund. Watertower Ventures had raised that last fund back in March of 2017. Watertower Ventures had raised that last fund back in March of 2017. READ MORE>>.

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Los Angeles Funding Invest Angel 113

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.

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Funding Invest Research Los Angeles 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. SpotOn is paying $415 million in cash and stock for the Los Angeles-based company.

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Technical Review Software Review Invest Acquisition 296

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.

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Funding Startup Seed Funding Los Angeles 218

socalTECH

NOVEMBER 28, 2017

Los Angeles-based 3Rodeo , a brand venture capital investment firm led by former Hulu executive Noah Heller, says it is targeting investments in startups in Los Angeles. 2017 has been a banner year for new startup funds in Los Angeles as well as Southern California as a whole.

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Venture Capital Capital Hulu Southern California 124

Tech.Co

JULY 12, 2017

.” For startups entering program they receive investment capital, access to coworking space at Disney’s creative campus and mentor support and guidance from top Disney executives, entrepreneurs, investors and other notable business leaders from the entertainment and technology communities, and have a Demo Day at the campus.

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Artificial Inteligence Startup Entertainment Press 109

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.

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Pricing Los Angeles Venture Capital Study 236

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>>.

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Ventura Los Angeles Funding Invest 133

socalTECH

APRIL 11, 2018

Seed stage investments in Los Angeles area startups was up, year-to-year, according to the Q1 2018 LA Seed Deal Report from investor Amplify LA. percent from Q1 of 2017. According to the report from Amplify, 23 LA startups raised a total of $52.9M in seed funding in Q1, which was up 2.5 READ MORE>>.

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Seed Funding Funding Entertainment Report 147

socalTECH

MARCH 7, 2019

Los Angeles-based TeleSign , which develops customer identification products, including two factor authentication and other related products, has named co-founder Ryan Disraeli as its CEO, the company said on Thursday. TeleSign was acquired by BICS in 2017, and now has more than 300 employees. READ MORE>>.

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Los Angeles Customer Custom Invest 124

socalTECH

MAY 31, 2019

Los Angeles-based Snap Inc. , had acquired Placed in 2017, paying $135.2M The acquisition by Foursquare came after it raised a new $150M investment from the Raine Group. the parent firm of Snapchat , has sold off Placed , a developer of location intelligence and offline attribution software tools.

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Snapchat Acquisition Los Angeles Tool 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>>.

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Report Los Angeles Activity Invest 133

TechCrunch LA

APRIL 12, 2018

seems like an unlikely place to grow one of the next billion-dollar startups in the booming Los Angeles tech ecosystem. But it’s here in the (other) Valley’s southernmost edge that investors have found a startup they consider to be the next potential billion-dollar “unicorn” that will come out of Los Angeles.

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Glendale Los Angeles Startup Technical Review 271

socalTECH

JULY 16, 2019

Los Angeles-based Bellco Capital , a new investment firm founded by Drs. Bellco's founders previously founded Kite Pharma (acquired by Gilead Sciences in 2017, for $11.9 Breakthrough's first development will be in Boston, at a property with 250,000 square feet of development rights in the Seaport District.

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Capital Invest Research Los Angeles 113

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>>.

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OpenX .Net Advertising Los Angeles 124

socalTECH

DECEMBER 13, 2018

Big screen movie theater operator IMAX is shutting down all of its virtual reality theater locations, including its flagship location in Los Angeles, the company said in a regulatory filing on Thursday--not a good sign for companies hoping to make location-based virtual reality a business. million in its fourth quarter of 2018.

Screening 113

Screening Los Angeles Writing Content 113

TechCrunch LA

JULY 22, 2020

It’s a strategy that has now netted the company $33 million in financing led by the Silicon Valley-based investment firm Altos Ventures and New York’s Left Lane Capital. Hyde Park Angels, Fika Ventures, FJ Labs and Silicon Valley Bank also participated in the round.

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Services Los Angeles .Net Mobile 187

socalTECH

OCTOBER 8, 2018

Los Angeles-based electric car maker Faraday Future is facing new financial woes this morning, after the Chinese company which bailed out the company at the end of 2017 filed notice that it would seek to terminate a deal to invest a total of $2 billion into Faraday Future, reached last year.

Layoffs 113

Layoffs Los Angeles Invest Report 113

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

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>>.

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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

NOVEMBER 6, 2018

Los Angeles-based j2 Global , the Internet services and publishing giant behind such brands as IGN, Mashable, PCMag, eFax, eVoice, KeepItSafe, and dozens of others, saw its third quarter revenues rise to $292.7 million, up 7 percent compared with Q3 of 2017. The company says its expects revenues of between $1.2 billion and $1.25

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Acquisition Los Angeles Content Services 113

TechCrunch LA

MAY 14, 2019

and raised some capital from the Los Angeles-based investment firm, Science. Earlier this year, Spartan, the French manufacturer of a silver-lined underwear designed to block EMF radiation from cell phones and wireless routers, relocated to the U.S.

Company 155

Company Companies Los Angeles Design 155

SoCal Tech Calendar

JUNE 7, 2017

Tuesday, June 13, 2017 -- TECHSPO LA "WHERE BUSINESS, TECH AND INNOVATION COLLIDE IN LA. Covering the Los Angeles tech scene for a publication? Looking to invest in the next Facebook? Are you an early adopter of tech products? Looking for a job at a startup? Or just a plain old tech enthusiast? See [link] (more)

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Los Angeles Invest Startup Product 100