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reports that seedfunding 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
The Los Angeles ecosystem is $76 million stronger today as Fika Ventures , a seed-stage venturecapital 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.
The new funding came from Initialized Capital. AdQuick, which launched its marketplace for outdoor advertising space, launched its services in 2017. in its seedfunding in July of 2017, in a round also led by Initialized Capital, and also included VTF Capital and Haystack Ventures.
Venture firms invested $21.5 billion in 1,699 startups nationwide during the quarter, maintaining a pace that could reach a decade high by the end of 2017 in terms of overall funding. The quarterly Venture Monitor report is set for release today by Seattle-based PitchBook and the National VentureCapital Association (NVCA).
—Mobile app startup Bitmo announced it had raised more than $3 million in seedfunding from investors including Everplus Capital, Longboard Capital Advisors, and several Southern California-based family fund offices. CEO Michael Smallwood launched the Carlsbad, CA-based company in 2017.
According to Flowspace, the round was led by Canvas Ventures, and also included Moment Ventures, 1984 Ventures and Y Combinator. in funding, including an earlier $3.4M seedfunding it receivedin 2017. Flowspace has now raised a total of $15.4M
Look no further than the seed round pitch deck for SendGrid , one of the biggest exits of a company founded in Orange County in recent years. SendGrid had a successful IPO in 2017 , and was acquired for $3 billion in February. One of the company's co-founders, Isaac Saldana, helped co-found the company in Anaheim.
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. Bev , a canned wine business that recently raised $7 million in seedfunding from Founders Fund, thinks marketing in the alcohol industry is the problem.
million in seedfunding from Crosscut, a Los Angeles-based venturecapital 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.
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. million in seed—in 2018 to advance its growing suite of products, digitized.
Every year Upfront Ventures surveys Limited Partners (LPs) who are the main source of capital that invests in VCfunds and thus the main source of capital that goes to startups to get an early-warning sense of the year ahead, leaving aside any Black Swans. Will they have enough capital?” Will it last?
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