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Fair Raises $100M In Debt Facility, Equity Investment

socalTECH

Santa Monica-based Fair , which operates a vehicle subscription service that lets users subscribe to gain access to cars without the restrictions of a traditional lease, has raised $100M in a combined debt facility and equity investment, the company said this morning. Details on the equity portion were not announced.

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Angeles Equity Partners Buys APCT

socalTECH

Los Angeles-based private equity investor Angeles Equity Partners announced this morning that it has acquired printed circuit board (PCB) manufacturer APCT, Inc. The two Southern California locations came via the 2018 acquisition of Cartel Electronics, and the acquisition of Cirtech. READ MORE>>.

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Kyriba Finds $160M In Majority Private Equity Funding

socalTECH

San Diego-based treasury and finance software developer Kyriba announced late Wednesday that it has raised $160M in a growth funding round, from private equity investor Bridgepoint. According to Kyriba, the investment round will give Bridgepoint a majority stake in its business, and values the company at $1.2

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Equity Investment Platform Preparation Best Practices

Startup Professionals Musings

If you are one of the thousands of entrepreneurs who need equity funding to get your startup going (no loans to repay), you are probably overwhelmed at the prospect of finding, contacting and pitching to the huge number of qualified angels and investment groups around the country. Register Internet and social media startup names.

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Reflections on 2018: Jeb Spencer, TVC Capital

socalTECH

As we close out our contributions for the end of 2018, here's Jeb Spencer of TVC Capital. Two big lessons in 2018. Technology investing is the best job in the world, but it can be fraught with failure. What I realized in 2018 was that these people use kindness, empathy, logic and reason to achieve the outcomes they desire.

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Reflections On 2018: Matt Stodder, Startup Boost LA

socalTECH

There was no monetary reward for those who participated (and Startup Boost does not take fees or equity from the companies that we help). What was the biggest news for your organization in 2018? Are there any technology innovations, gadgets, devices, software, that you found most interesting in 2018?

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London and SF have become Impact Tech hubs, with 280% increase in VC in 5 years

TechCrunch LA

New research has found that San Francisco and London have become two of the world’s leading hubs for VC investment into tech solutions that address one or more of the 17 UN’s Sustainable Development Goals (SDG), more commonly referred to as “Impact Tech” They are followed by Paris, Berlin, Stockholm, Shanghai and Beijing.