socalTECH

OCTOBER 20, 2020

Long Beach-based Way2H , a startup developing technology to convert waste into clean hydrogen fuel, has scored a strategic investment from Pacific6 Enterprises, the company announced this morning. Size of that investment were not announced. Pacific6 Enterprises is led by John C.

Invest 100

Invest Product Long Beach Commerce 100

socalTECH

DECEMBER 27, 2019

What was the biggest news for you/your company this year? In late 2018 we shifted the model to include a cash investment in cohort companies. In 2019 we have begun to see it actually affecting us, with voice assistants, and navigational devices, calendaring assisting, suggestive actions, etc. AI, hands down.

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News LAVA Startup Incubator 113

Both Sides of the Table

JULY 26, 2022

We believe this consistency in leadership and intuition for where the markets were going in the heady days of 2019–2021 helped us to stay sane in a world that momentarily seemed to have lost its mind and since we have new capital to deploy in the years ahead perhaps I can offer some insights into where we think value will be derived.

Startup 408

Startup Venture Capital Writing Invest 408

TechCrunch LA

JULY 24, 2019

The company founded by two former Bain consultants is the latest to take on the growing market for non-alcoholic intoxicants that use a combination of chemicals traditionally found in the marijuana plant to make their drinks. Bullock initially worked at the investment bank, Allen & Co., million for their venture. ”

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Company Companies Los Angeles Startup 241

socalTECH

JANUARY 2, 2019

As we close out our contributions for the end of 2018, we have a contribution from investor and investment banker Peter Cowen of Sutton Capital Partners. More in-person contact is one of my 2019 goals. What was the biggest news for your company in 2018? We expect some big things in 2019.

Capital 113

Capital Southern California Technical Review SaaS 113

socalTECH

JUNE 9, 2020

San Diego-based venture investor Versant Ventures has launched a brand new company out of its Inception Discovery Engine incubator in San Diego, saying this morning it has invested $50M in Lycia Therapeutics. professor of chemistry and HHMI investigator at Stanford University.

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San Diego Company Companies Incubator 113

socalTECH

DECEMBER 30, 2019

What was the biggest news for you/your company this year? While 2018 was all about better understanding the SoCal opportunity, 2019 was about honing our focus and defining our core programs. Previously, he ran a venture capital fund (Momentum Ventures) and founded several SoCal tech startups. READ MORE>>.

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SoCal Southern California Startup Venture Capital 140

socalTECH

OCTOBER 5, 2021

billion, the company said this morning. The company--led by CEO Avi Shua--said the new funding was led by Temasek. According to the company, the new investment will help it with "rapid global deployment", including in APAC. Orca Security was founded in 2019.

Redpoint 113

Redpoint Los Angeles Capital Funding 113

Xconomy

JULY 31, 2019

We at Xconomy are excited to announce that we are honoring Mark Levin, co-founder and partner at Third Rock Ventures, with our 2019 Lifetime Achievement Award in Boston. The award recognizes Levin’s extensive contributions to the biotech industry and to the Boston life sciences ecosystem.

Venture Capital 97

Venture Capital Capital Entrepreneur Help 97

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.

Venture Capital 193

Venture Capital Funding Los Angeles Invest 193

TechCrunch LA

OCTOBER 28, 2020

There’s a new company that’s sitting on top of some of the fastest growing consumer-facing businesses in the world — liquor and marijuana delivery — and its name is Pacific Consolidated Holdings Group. Financial terms of the transaction were not disclosed.

Company 188

Company Companies Los Angeles San Diego 188

Both Sides of the Table

SEPTEMBER 15, 2022

At our mid-year offsite our partnership at Upfront Ventures was discussing what the future of venture capital and the startup ecosystem looked like. Should SaaS companies trade at a 24x Enterprise Value (EV) to Next Twelve Month (NTM) Revenue multiple as they did in November 2021? But rest assured valuations get reset.

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Venture Capital Marketing Technical Review Seed Funding 416

socalTECH

JANUARY 3, 2019

As we close out our contributions for the end of 2018, here's Jeb Spencer of TVC Capital. Technology investing is the best job in the world, but it can be fraught with failure. I plan to try to put both of these lessons together in 2019. What was the biggest news for your company in 2018? Two big lessons in 2018.

Capital 113

Capital Southern California El Segundo SaaS 113

socalTECH

DECEMBER 31, 2018

Here's Marc Averitt of Okapi Venture Capital (www.okapivc.com). What was the biggest news for your company in 2018? The biggest news this year for Okapi, Southern Californias original seed stage venture capital fund, is that we ramped up the deployment of our 3rd fund and saw its portfolio grow by another 10 companies!

Venture Capital 113

Venture Capital Capital Southern California News 113

socalTECH

DECEMBER 26, 2019

What was the biggest news for you/your company this year? This was a big year for Crosscut because were finally delivering on our promise of implementing a full-scale investing platform after 11+ years in business. Dynamic entrepreneurs attract talent and outside capital, both vital resources to every startup.

Southern California 100

Southern California News Platform Class 100

Xconomy

JANUARY 28, 2019

Venture capital firms invest in potentially disruptive technologies with the hope of profit, then keep watch for further advances that could overtake their existing portfolio companies. Palo Alto, CA-based Norwest weathers the uncertainties of technology and the economy with an investing strategy.

Venture Capital 67

Venture Capital Marketing Guide Invest 67

socalTECH

DECEMBER 30, 2016

Here, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund, and has had some great success in the market. TVC Capital has also been a big supporter and sponsor of socaltech over the years. An interesting investment for our firm, the $16.5 Risk taking yields innovation.

Capital 113

Capital Southern California Equity San Diego 113

socalTECH

OCTOBER 8, 2019

Virgin Galactic , the commercial space venture of Sir Richard Branson--which has operations in Mojave--has received $20M from Boeing , as part of a strategic partnership with the company, the two said on Tuesday. According to Virgin Galactic, the investment comes from the Boeing HorizonX Ventures organization. READ MORE>>.

Invest 113

Invest Organization Capital Technology 113

socalTECH

JUNE 15, 2020

The Tech Coast Angels says it has launched a new, annual fund, and is continuing to invest--despite the pandemic. The angel group, the largest in the nation, said it invested over $19M in 2019, in part due to a similar fund created by its San Diego chapter, the TCA-San Diego, last year. Recess , Somabar , and Turn Technologies.

Tech Coast Angels 113

Tech Coast Angels Technical Review Los Angeles Angel 113

TechCrunch LA

MAY 25, 2019

Last week, I wrote about an alternative to venture capital called revenue-based financing and before that, I jotted down some notes on one of VCs’ favorite spaces: cannabis tech. Enter Seedlip , a non-alcoholic spirits company, for example. Haus, like any good consumer startup in 2019, is shipped directly to your door.

Startup 223

Startup Venture Capital Newsletter Tips 223

SoCal Tech Calendar

AUGUST 14, 2019

Tuesday, August 20, 2019 -- Los Angeles VC Panel and LAVA Annual Membership Meeting. Come meet three of the most active Venture Capital funds in Los Angeles. Meet the top VCs who are investing in Southern California. Find out what they are looking to invest in.

Venture Capital 100

Venture Capital LAVA Los Angeles Angel 100

Xconomy

JULY 17, 2020

If it seems like biotech investments have defied the financial headwinds of the pandemic, maybe it’s because they have. In the second quarter, 16 of the top 25 largest early-stage venture capital deals were investments in life science companies. It’s the biotech sector’s largest proportion of the top 25.

Venture Capital 90

Venture Capital Invest Research Capital 90

socalTECH

JANUARY 6, 2021

Electric truck maker Rivian--which has operations in Southern California, despite being based in Michigan--is apparently in the midst of yet another funding, and is raising a round valuing the company at $25 billion, according to Bloomberg. The company just raised $2.5M Rivian has an office in Irvine.

Southern California 113

Southern California Funding Invest Company 113

socalTECH

OCTOBER 27, 2020

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. As part of the funding, Lightspeed's Arif Janmohamed joins the company's board. in a Series A funding.

Artificial Inteligence 113

Artificial Inteligence Software Santa Barbara Seed Funding 113

TechCrunch LA

JANUARY 29, 2020

Kleiner Perkins , one of the most storied franchises in venture capital, has already invested much of the $600 million it raised last year and is now going back out to the market to raise its 19th fund, according to multiple sources. Companies are raising some angel money or Y Combinator money.” We got a lot of interest.

IBM 164

IBM IBM Venture Capital Invest 164

SoCal Tech Calendar

JUNE 17, 2019

Saturday, June 22, 2019 -- LAVA First Time Entrepreneur Workshop. The program is open to entrepreneurs that are starting companies in areas that are likely to draw venture capital investment. LAVA is extremely pleased to announce its next First Time Entrepreneur training program.

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LAVA Entrepreneur Screening Patents 100

TechCrunch LA

JUNE 30, 2020

The company already boasts a few very large initial customers in the automotive industry, consumer packaged goods and aerospace and defense, including Toyota, according to chief executive Arye Barnehama. million in financing that Elementary closed at the end of 2019. Image credit: Elementary Robotics.

Artificial Inteligence 234

Artificial Inteligence Los Angeles Startup Customer 234

socalTECH

SEPTEMBER 24, 2020

Indio, California-based Helicoid Idustries , a startup developing advanced composite materials for use in the wind turbine, aerospace, sporting goods, auto parts, defense, and industrial market, has raised $2.4M--the first part of what looks like an ongoing $5M investment round. Helicoid is a spinout of the University of California Riverside.

Riverside 124

Riverside SoCalTech Patents Invest 124

TechCrunch LA

SEPTEMBER 21, 2021

Just Insure , a pay-per-mile insurance technology company, has raised $8 million in a funding round. . CrossCut Ventures, ManchesterStory and Western Technology Investments co-led the investment, which brings its total raised to $15.3 million since its January 2019 inception. Image Credits: Just Insure.

Startup 203

Startup Customer Custom Los Angeles 203

socalTECH

JANUARY 13, 2020

Venice, California-based venture investor Fifth Wall Ventures , which invests in real estate technology, has raised nearly $3.5M in a Special Purpose Vehicle (SPV)--like as part of an investment in another company--according to a regulatory filing from the firm this morning. Fifth Wall Ventures SPV XIX, L.P., READ MORE>>.

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Venice Invest Technology Funding 100

TechCrunch LA

MAY 20, 2021

So in 2019 she founded Eano , a San Francisco-based startup that aims to walk a homeowner through a renovation and help connect individual contractors with new clients. The company plans to take its new capital and “go deep into the product side.”. They were not reliable and bad at communication.”.

Technical Review 185

Technical Review Startup Venture Capital Software Review 185

TechCrunch LA

MARCH 8, 2019

Responding to Elizabeth Warren’s call to regulate and break up some of the nation’s largest technology companies, the venture capitalists that invest in technology companies are advising the presidential hopeful to move slowly and not break anything. Srinivasan (@balajis) March 8, 2019. This too shall pass.”

Technical Review 144

Technical Review Startup Chief Technology Officer Social Media 144

socalTECH

JULY 23, 2019

El Segundo-based ABL Space Systems , which is developing small rocket launch vehicles, has received a strategic investment from Lockheed Martin Ventures, the company announced this morning. Size of the investment was not announced. The company is hoping to launch its first rocket sometime in 2020. READ MORE>>.

El Segundo 113

El Segundo SpaceX Funding Invest 113

TechCrunch LA

OCTOBER 1, 2019

The new financing will give Relativity the cash to fully build its “Stargate” factory, a semi-autonomous, full-scale production facility that will house the company’s massive 3-D printers and produce its first rocket, the Terran 1. space industry.

Chief Technology Officer 168

Chief Technology Officer SpaceX Los Angeles Venture Capital 168

TechCrunch LA

JUNE 16, 2020

But in the face of a global pandemic, every company has had to improvise and in the few months since its launch in 2019, that’s just what Bümo did. The company said the money went to boost the development of new curriculum and hire educational and operational staff. Both Nguyen and Lim are serial entrepreneurs.

Los Angeles 167

Los Angeles Class Angel Social Media 167

TechCrunch LA

MARCH 23, 2019

One year after a $38 million Series B valued on-demand aviation startup Blade at $140 million, the company has begun taxiing the Bay Area’s elite. — Tyler Babin (@Tyler_Babin) March 11, 2019. The company has raised billions of dollars to turn this sci-fi concept into reality. Uber’s aerial taxi play.

Van Nuys 279

Van Nuys Help Startup Google 279

socalTECH

JUNE 17, 2020

The company said the upgraded app and website will make it easier for its users to find and gte food they want from local restaurants. Los Angeles-based Allset , a startup which allows users to book a table and pre-order food at restaurants, said it has launched a new app and website. The new app works on both iOS and Android. READ MORE>>.

Funding 113

Funding Venture Capital Los Angeles Invest 113