TechCrunch LA
JANUARY 11, 2020
Throughout 2019, a number of mobility companies launched in additional markets, while many pulled out of areas that no longer served them. Prior to that round, Bird raised more than $400 million in funding and reached a valuation of $2 billion last June. In October, Bird raised a $275 million Series D round at a $2.5
socalTECH
DECEMBER 26, 2019
What was the biggest news for you/your company this year? The birth of our company! While we were incorporated last year, the company actually came to life this year, with the formation of our team, our initial funding, and the development of our investing portal all happening in the last seven months.
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socalTECH
DECEMBER 23, 2019
What was the biggest news for you/your company this year? We have invested in 13 companies out of our Fund 1 so far and are more bullish than ever on the amazing entrepreneurs we are meeting and the companies we are helping them build. We also had our first exit for Moonshots Capital Fund 1 --Threatcare.
TechCrunch LA
JULY 3, 2019
Securities and Exchange Commission to raise its third growth-stage investment fund. One of the oldest VCs rooted in LA, Upfront previously closed on $400 million for its sixth flagship early-stage fund in 2017. Last year, companies headquartered in LA raised more than $60 billion.
TechCrunch LA
FEBRUARY 11, 2021
Shell’s plan to roll out 500,000 electric charging station in just four years is the latest sign of an EV charging infrastructure boom that has prompted investors to pour cash into the industry and inspired a few companies to become public companies in search of the capital needed to meet demand. One more deal soon followed.
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.
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. Versant said it started Lycia in 2019 within its Inception Labs effort in San Diego, in a collaboration with Carolyn Bertozzi, Ph.D.,
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