TechCrunch LA

JUNE 10, 2021

Just over three months after its last funding round, European fintech giant Klarna is announcing today that it has raised another $639 million at a staggering post-money valuation of $45.6 In all of 2020, it processed $53 billion in volume. Meanwhile, in 2020, Klara hit over a billion in revenue. Making sense of Klarna.

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TechCrunch LA

MARCH 27, 2021

The company’s massive mint comes thanks to a new $500 million financing round led by Sequoia’s Global Equities fund and Tiger Global Management. Indeed these trends were already apparent in the statistic that home improvement spending was up 3 percent in 2020 even though the broader economy shrank by 3.5

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socalTECH

SEPTEMBER 3, 2019

Los Angeles-based private equity investor Ares Management said this morning that its Infrastructure and power strategy and Apex Clean Energy funds are backing a 200MW renewable wind power project in Texas, which will go to power operations for Facebook. The new wind site is expected to go into operations sometime in 2020.

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TechCrunch LA

JANUARY 26, 2020

billion investment vehicle that was launched in partnership with the private equity fund, Permira, according to a report in USA Today. — Scopely (@scopely) January 26, 2020. Last year, the investment firm expanded with a $1.7 Our thoughts are with all of the families affected by the tragic accident today.

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TechCrunch LA

FEBRUARY 17, 2020

Satellite internet startup Astranis has raised a $90 million Series B funding round, which includes a mix of equity ($40 million) and debt facility ($50 million). Register for TC Sessions: Space 2020. Astranis raises $90 million.

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TechCrunch LA

NOVEMBER 4, 2019

She created and launched an overall brand and a swim collection , then came the book deal ( “This is Not a Fashion Story: Taking Chances, Breaking Rules, and Being a Boss in the Big City” is expected out May 2020). million in funding from Rebecca Minkoff and other unnamed investors. focused fund.

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TechCrunch LA

FEBRUARY 2, 2021

The Los Angeles-based commerce and content platform StackCommerce has been acquired by the Integrated Media Company, a holding company set up by the massive private equity fund, TPG, to acquire new media businesses. Through its platform publishers can make between 15% to 20% of gross compared with 5% on an affiliate marketing site.

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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. Kleiner Perkins gets back to early-stage with its $600M 18th fund. We went out to market to LPs.

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TechCrunch LA

JANUARY 16, 2019

A slew of banks are coming together to back a new roll-up strategy for the Los Angeles-based mobile gaming studio, Jam City and giving the company $145 million in new funding to carry that out. billion by 2020, the Newzoo data suggests. According to data collected by Newzoo , mobile games revenue reached a record $63.2

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TechCrunch LA

OCTOBER 7, 2021

Jennifer Schwab, the founder and CEO of Entity, has built the business since 2016 on virtually no outside funding, but said that this latest financing is a precursor to the company working on its first, more traditional VC-led equity round. Often speakers will donate their fees to scholarship and childcare funds, she added.

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TechCrunch LA

SEPTEMBER 21, 2019

Airbnb, for its part, filed a press release this week confirming its plans to go public in 2020. billion in a round led by the private equity firm GPI Capital this week. billion in a round led by the private equity firm GPI Capital this week. The financing brings Postmates’ total funding to nearly $1 billion.

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TechCrunch LA

NOVEMBER 2, 2021

For example, Bird had gross margins that were negative in 2018, 2019 and 2020. However, Bird has shaken up its model in recent quarters, leveraging a partner network to handle scooter deployment, which has generated more attractive results. Other figures are looking up, too.

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Xconomy

NOVEMBER 20, 2019

Nevertheless, senior figures remain optimistic about the industry’s prospects in 2020. Nearly half of respondents believe that political and policy uncertainty present the greatest risks in 2020, with the latest Brexit developments and approaching UK and US elections seeing concerns around political volatility growing.

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Startup Professionals Musings

SEPTEMBER 11, 2020

Direct seed funding, for a share of the equity, and introductions to investors. As well, these companies usually bring real new venture funding opportunities to the startups they sponsor. Mentoring and technical assistance from volunteer or paid experts. Peer-to-peer networking with other startups and founders in the same stage.

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Startup Professionals Musings

NOVEMBER 11, 2020

Building a business requires funding – for inventory, marketing, and operations. Maybe you are more comfortable going slow, with limited resources, or aiming high and giving up equity. Marty Zwilling First published on Inc.com on 10/28/2020. The money – secure the backing and support to get real.

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TechCrunch LA

APRIL 7, 2020

“Since the CARES Act and the PPP were announced, we have been hard at work advocating for our clients to have access to this funding. — Mark Suster (@msuster) April 7, 2020. We have been working around the clock to develop a process that works for our clients. And those aren’t the only problems.

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socalTECH

JUNE 23, 2021

Alex Nocifera: We're lucky in that we have LA's best seed funds. Early Q1 2020, our business literally came to a horrifying halt in March, and then April. We weren't working with main street and small businesses, but public and private equity backed companies. Talk about your financial backing? Alex Nocifera: It's really wild.

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Xconomy

OCTOBER 12, 2016

Gomez said he was inspired to start Canopy San Diego after spending time at CanopyBoulder , the cannabis industry fund and accelerator founded in 2015, less than three years after Colorado voters approved a similar marijuana legalization initiative. By 2020, the cannabis industry is projected to hit $21.8

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TechCrunch LA

JULY 15, 2021

One such startup, Abodu , has raised $20 million in a Series A funding round led by Norwest Venture Partners. Then on January 1, 2020, the state of California made it dramatically easier to add extra housing units to single-family home sites. The need for more affordable housing has never been more urgent as a shortage in the U.S.

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Startup Professionals Musings

AUGUST 21, 2020

Financial capital – revenue, equity, debt, funding. Others look for more elusive sources of funding in the infrastructure, such as grants and bank loans. Marty Zwilling First published on Inc.com on 08/07/2020. Apple has since capitalized on the top technical talent in Silicon Valley to stay ahead of the competition.

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