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Reflections on 2019: Aaron Fyke, Thin Line Capital

socalTECH

Today, we share the thoughts of Aaron Fyke , the founder and Managing Director of Thin Line Capital (www.thinlinecapital.com), a venture capital firm in the energy and sustainability space. With support from prior backers of mine, Thin Line Capital was launched. What was the biggest lesson you learned this year?

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Miso Robotics Boots Up Crowdfunding Campaign, Seeks $30M

socalTECH

The company said it is using artificial intelligence and machine learning to develop robots to complete "mundane tasks" in the kitchen. The company said it had a $80M pre-money valuation in 2019. According to the company, it has over $2.6M The company's first robot "Flippy" is installed at the Pasadena CaliBurger.

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Boston A.I. Leaders Call for Focus on Diversity, Global Mindset in 2019

Xconomy

It was an eventful year for the artificial intelligence industry. The sector saw more big venture capital deals and acquisitions , while researchers kept plugging away on technology advances. software startups to reflect on the trends that defined the sector in 2018—and where things might be headed in 2019.

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GumGum Gets $22M More For Advertising AI Software

socalTECH

Santa Monica-based GumGum , which develops artificial intelligence software for the advertising and media market, has raised $22M more in a funding round, the company said on Thursday. According to the firm, the new $22M funding came from Morgan Stanley Expansion Capital, NewView Capital, and Upfront Ventures.

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Reali Finds $20M For Expansion To Southern California

socalTECH

Reali , a Silicon Valley startup which offers up a high-tech, and artificial intelligence-enabled real estate service, said this week that it has raised $20M in a Series B funding round, which it specifically will use to launch in Southern California. The funding was led by Zeev Ventures, and also included Signia Venture Capital.

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Theta Lake Takes $12.7M For Security, Compliance Software

socalTECH

According to the company, the funding was led by Lightspeed Venture Partners, and also included Cisco Investments, angel investors, and prior investors Neotribe Ventures, Firebolt Ventures and WestWave Capital. The company's seed funding was in January of 2019. READ MORE>>.

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Startups Optimistic About Business Conditions, Despite Uncertainty, Says Report

socalTECH

A new report issued today by Silicon Valley Bank, says that startups are generally optimistic about their business opportunities, and they plan to raise capital and expand their workforces this year, despite "economic and political" uncertainty across the globe. SVB posted its full report online.

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