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Lyre's Picks Up $11.5M For Non Alcoholic Drinks

socalTECH

Los Angeles-based Lyre's Non-Alcoholic Spirit Co. in a seed funding round. The funding came from VRD Investment, Doehler Ventures, DLF Venture, Maropost Ventures, and HNWI, along with a number of family offices. Lyre's said the funding comes as it prepares to launch a "ready-to-drink" range of products.

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Pipe Picks Up $60M For SaaS Financing

socalTECH

Los Angeles-based Pipe Technologies , which is developing a subscription financing platform to help software companies finance their businesses without debt or dilution, has raised $60M in a funding round, the company said on Wednesday. Pipe was founded in September 2019 by Harry Hurst, Josh Mangel, and Zain Allarakhia.

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Curri rolls out nationwide delivery service for construction materials industry

TechCrunch LA

” After graduating from Y Combinator in the summer of 2019, the company tested its services in the Southern California region. . “They act as a wholesaler doing all the sales, but they’re also acting as a logistics company as well,” said Lafferty. “ We provide a solution for them to flex up or down and save money.”

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Aglet Picks Up $4.5M For Pokemon Go For Sneakers

socalTECH

Los Angeles-based Aglet , which is developing a mobile game centered around "Sneakerhead" culture--the buying and trading of popular sneaker models--has raised $4.5M in a seed funding round. According to the company, it has now raised $7M since it was founded in late 2019.

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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

We’ll just wait until companies that last raised in 2019 or 2020 come to market.” Across more than 10 years we have kept the size of our Seed investments between $2–3.5 million, our Seed Funds mostly between $200–300 million and have delivered median ownerships of ~20% from the first check we write into a startup.

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Reflections On 2018: Matt Stodder, Startup Boost LA

socalTECH

During the holiday season, our tradition over the last few years has been to post reflections on the past year and some predictions for 2019 from Southern California's technology industry. My biggest takeaway this year was truly understanding the strength and cohesion of the Los Angeles startup community.

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Startups Weekly: VCs are drunk on beverage startups

TechCrunch LA

Haus, like any good consumer startup in 2019, is shipped directly to your door. — Kate Clark (@KateClarkTweets) May 21, 2019. Bev , a canned wine business that recently raised $7 million in seed funding from Founders Fund, thinks marketing in the alcohol industry is the problem. pic.twitter.com/DMEg88t4iO.

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