socalTECH

SEPTEMBER 13, 2021

Los Angeles-based private equity investor Diversis Capital Management said this morning that it has raised a new, $675M fund. The company said its new fund, Diversis Capital Partners II, exceeded its target of $500M. The new fund is led by Managing Partners Ron Nayot and Kevin Ma.

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TechCrunch LA

NOVEMBER 11, 2020

Tech solutions for such pressing issues as the climate crisis and social inequality have seen a 280% increase in global VC investment from 2015 to 2020, while investment in this space more than doubled in both cities over the past five years. 2020 is set to be a record year for London’s impact tech companies, which have received $1.2

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socalTECH

FEBRUARY 10, 2020

The funding was led by Bain Capital Life Sciences, and also included existing investors Andera Partners, Gimv, Legend Capital, NeoMed Management, RMM, Valiance Life Sciences and VI Partners. As part of the funding, Bain Capital's Andrew Hack, MD, Ph.D., The company said the new funding will supports it ongoing clinical program.

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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.

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socalTECH

OCTOBER 30, 2017

Los Angeles Mayor Eric Garcetti --who may be looking to a Presidential run in 2020--is launching a new nonprofit which looks to take his pro-innovation and pro-startup approach in Los Angeles, and takes it nationwide. Garcetti has started a new nonprofit, Accelerator for America , which will help fund "innovation investments" around the U.S.

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socalTECH

MARCH 10, 2020

The Orange County arm of Southern California's largest, angel investment group--the Tech Coast Angels --said today that it has opened up a new fund, the TCA OC Fund 20 , the first in a set of annual funds which will go to invest in startups in the region. The new fund will take investments from the TCA's accredited members only.

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socalTECH

NOVEMBER 26, 2019

According to SiFi Networks, it is funding, building and operating the city wide fiber optic network throughout the City of Fullerton, offering up every resident and business in the city an opportunity to sign up for fiber service.

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TechCrunch LA

MARCH 13, 2020

billion emergency funding package.” — Nancy Pelosi (@SpeakerPelosi) March 13, 2020. For families’ health security, #FamiliesFirst increases federal funds for Medicaid to support our local, state, tribal and territorial governments and health systems, so that they have the resources necessary to combat this crisis.

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socalTECH

SEPTEMBER 15, 2020

in a seed funding round. The funding was led by Okapi Venture Partners, and also included Unlock Ventures and Envoy Ventures. The startup plans to start production of its device in November, with first units forecast to be shipped as early as December of 2020. READ MORE>>.

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Startup Professionals Musings

JUNE 28, 2021

Entrepreneurs who require funding for their startup have long counted on self-accredited high net worth individuals (“angels”) to fill their needs, after friends and family, and before they qualify for institutional investments (“VCs”). Here again, the entrepreneur will be the one hurt most, by having fewer funding sources to access.

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socalTECH

DECEMBER 13, 2021

The publicly traded company (OTC) said the funding came from MCM Investment Partners, as well as Boardman Bay Capital Management. The company said the investments come as a part of a plan to uplist its shares of common stock on the Nasdaq.

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Tech.Co

DECEMBER 29, 2023

As investors continue pouring funding into artificial intelligence and consumer habits shift, many AI and subscription model startups have been enjoying rapid growth. Source: runwayml.com In June, Runway raised $141 million in funding, nudging its market valuation to an envy-inducing $1.5 Organic milk formula product Bobbie.

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Startup San Diego

JULY 16, 2019

Startup San Diego is proud to announce that the City of San Diego will again be helping to fund San Diego Startup Week (SDSW) next year, increasing its funding from $35,000 to $50,000 for SDSW 2020 and ensuring the early-stage planning of our signature annual event. This timing is perfect. We just finished SDSW 2019, […].

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Startup San Diego

JULY 16, 2019

Startup San Diego is proud to announce that the City of San Diego will again be helping to fund San Diego Startup Week (SDSW) next year, increasing its funding from $35,000 to $50,000 for SDSW 2020 and ensuring the early-stage planning of our signature annual event. This timing is perfect. We just finished SDSW 2019, […].

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San Diego Startup Funding Help 40

socalTECH

NOVEMBER 15, 2021

Los Angeles- and Tel Aviv-based Intelligo, a software startup which develops software for financial risk intelligence and investment due diligence, said today that it has raised $22M in funding, the company said this morning. The funding came from Felicitas Global Partners LLC. Intelligo is led by CEO and co-Founder Shlomo Mirvis.

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socalTECH

MAY 19, 2021

in a funding from the Government of Canada, to modernize and expand its Ontario, Canada biomanufacturing site. Resilience was founded during the pandemic, in 2020, and says it is building a network of high-tech, end-to-end manufacturing solutions to ensure medicines can be made quickly, safely, and at scale.

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socalTECH

JULY 23, 2019

The company is hoping to launch its first rocket sometime in 2020. According to ABL Space Systems, the financing will go to advance its development and test program, including a planned integrated stage test in the second half of 2019. ABL is led by CEO Harry O'Hanley, and the company was founded by former SpaceX engineers.

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El Segundo SpaceX Funding Invest 113

SoCal Tech Calendar

DECEMBER 7, 2020

Tuesday, December 8, 2020 -- Air Force Open Topic Process and SBIR Contracts. Learn more about the Air Force Open Topic and SBIR Contracts with the National Security Innovation Network on December 8, 2020. SBIR cycle. SBIR cycle. See [link] (more)

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TechCrunch LA

SEPTEMBER 21, 2021

Just Insure , a pay-per-mile insurance technology company, has raised $8 million in a funding round. . ” In 2020, Root had a direct loss ratio of 82%. It issued over 1,000 new policies in the second quarter, up “tenfold” compared to the same period in 2020. As Metromile looks to go public, insurtech funding is on the rise.

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socalTECH

JANUARY 19, 2021

GOAT said the strategic investment follows its Series E funding announcned in September of 2020, which was worth $100M, valuing GOAT at $1.75 Groupe Artemis is owner of the Kering luxury fashion brand. Size of the investment was not announced.

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socalTECH

JULY 14, 2021

OpenPath Security, led by startup veteran Alex Kazerani, had raised $63M in funding from Greycroft Partners and others. Openpath most recently raised $36M in a big funding back in July of 2020.

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socalTECH

MAY 27, 2021

Los Angeles-based Topia, a startup which is developing video chat tools that work inside what it says are "fully customizable virtual worlds", has raised $5M in a seed funding round, the company said late Wednesday. The funding was led by Seven Seven Six, the venture capital fund run b Alex Ohanian, and also included Bonfire Ventures.

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Seed Funding Tool Venture Capital Los Angeles 113

socalTECH

MAY 10, 2017

Social games developer Zynga has funded a new effort to increase the diversity in the video game development industry, through a partnership with the University of Southern California , Zynga said on Tuesday.

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socalTECH

JUNE 30, 2021

The company said the funding was a combination of cash and "media value". The funding came from The Craftory and Arcadian Capital Management, along with others. The company said those news funds will go to "normalize CBD" in health and wellness products, via scaling, strategic partners, and acquisitions.

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socalTECH

JANUARY 18, 2022

According to Spyke, it raised $55M in its seed funding round from Griffin Gaming Partners. billion back in 2020. Griffin is led by Peter Levin, Phil Sanderson and Nick Tuosto. Spyke's team comes from Peak Games, Zynga and Riot Games.

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TechCrunch LA

APRIL 4, 2020

— Doug Rand (@doug_rand) April 4, 2020. — Mark Suster (@msuster) April 4, 2020. — Matt Hottle (@MattRedhawk) April 4, 2020. Trump (@realDonaldTrump) April 4, 2020. It doesn't matter if you have a zillion employees; as long as any 1 entity has <500 employees, it can get a #PPPloan. ”

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socalTECH

AUGUST 19, 2021

Santa Barbara-based Apeel Sciences, which has developed a plant-based coasting for fresh produce to extend its shelf life, has raised another big $250M funding round, a Series E for the company. The new funding brings its total raised to over $635M.

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socalTECH

AUGUST 24, 2017

The company said the loan has a maturity rate of August 23, 2020, and has a rate per annum equal to LIBOR, but in no event less than 1.00%, plus 7.625%. San Diego-based Inseego Corp. , in a term loan, from High Bridge Capital Management.

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socalTECH

AUGUST 12, 2021

in a seed funding. The funding came from Jerry Murdock, co-founder of Insights Partners, and Walter Scott of TeamViewer. The company is led by co-founder and CEO Josh Hotsenpiller, and says it was spun out of community software company CrowdHub in august of 2020.

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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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socalTECH

SEPTEMBER 23, 2020

in a "pre-seed" funding round, the company announced on Wednesday. According to the company, it will use the funding to develop and launch its platform. The company says it plans to launch its web-based platform in Q4 2020, with plans for mobile apps in the future. The CEO and Co-Founder of Vurbl is Audra Gold. READ MORE>>.

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TechCrunch LA

MARCH 29, 2021

million from investors Trucks VC, Kapor Capital, JFF, Energy Impact Partners and The Fund. This round values the startup, which was founded in January 2020, at $11 million post-money. The funds will be used to build out its platform, hire beyond its 27-person workforce and expand its service area.

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Incubator Outsource Development Los Angeles Startup 287

socalTECH

APRIL 9, 2021

Totum Labs said it raised its $13M, Series A funding in November of 2020. The company said Gell has previously served at Hewlett-Packard, Solectek, Nestwave, VIE Technologies and Cygnus Broadband, where he was co-founder.

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socalTECH

NOVEMBER 24, 2020

Los Angeles-based fintech startup HMBradley , which offers up online, digital bank accounts which pay interest based not on a user's balance, but on what percentage of their direct deposits they are saving, has raised $18.25M in a Series A funding. The funding was led by Acrew Capital. for those saving 5%.

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Services Los Angeles Capital Funding 113

socalTECH

JANUARY 26, 2021

Pasadena-based food services robot developer Miso Robotics says it is expanding its crowdfunding efforts, with a goal of reaching $30M in funding in its Series C crowdfunding effort this year.

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SoCal Tech Calendar

OCTOBER 12, 2020

Thursday, October 15, 2020 -- Virtual Tech Happy Hour. Tech Ecosystem Updates on startup fundings and major news; Expert Discussion and QandA Hiring and Getting Hired During a Global Pandemic. Startup Coil. The State of the L.A.

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socalTECH

OCTOBER 14, 2020

Irvine-based Menlo Micro , which is developing electronic switch technology, has raised $44M in a Series B funding round, the company announced this morning. The funding was led by 40 North Ventures and also included Piva Paladin Capital Group, Vertical Venture Partners, and Tony Fadell's Future Shape. READ MORE>>.

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