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Reflections On 2017: Anna Barber, Techstars LA

socalTECH

Techstars has grown tremendously around the world in 2017, establishing a new venture in India and launching vertical accelerators focused on things like smart cities (in Dubai), energy (in Norway), defense (in Boston) and insurtech (North Carolina). Those three LA programs alone invested in a total of 38 companies this year.

Press 193
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Hyundai taps EV startup Canoo to develop electric vehicles

TechCrunch LA

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. Hyundai Motor Group has committed to invest $87 billion over the next five years.

Startup 310
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Reflections On 2017: Michael Jones, Science Inc.

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Since we started Science six years ago, we've co-founded and invested in more than 70 companies and have exited multiple portfolio companies. Our team has an eye for identifying legacy industries and nascent trends, and creating platforms for innovation. What was the biggest personal lesson you learned from 2017?

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StartEngine Chalks Up 25 Companies Raising Funding Since Start Of 2017

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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
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Clearlake's NetDocuments Gets New Investment

socalTECH

NetDocuments , the developer of a cloud-based platform for managing the documents of law firms and corporate legal and compliance departments which is backed by Santa Monica-based private equity investor Clearlake Capital , has scored a new, strategic funding. Size and terms of that investment was not announced by the companies.

Invest 113
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AvantStay, a platform for kitting out — and then renting out — high-end vacation rental homes, raises $160M

TechCrunch LA

AvantStay — which has built a platform where it decorates and then lists properties owned by others for people to rent out for vacations or other short-term stays — has raised $160 million in a Series B round of funding. Los Angeles-based AvantStay has been around since 2017 and had only raised $25 million in the last four years.

Platform 139
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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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