TechCrunch LA

NOVEMBER 11, 2020

New research has found that San Francisco and London have become two of the world’s leading hubs for VC investment into tech solutions that address one or more of the 17 UN’s Sustainable Development Goals (SDG), more commonly referred to as “Impact Tech” They are followed by Paris, Berlin, Stockholm, Shanghai and Beijing.

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socalTECH

DECEMBER 23, 2020

You will be able to get to all of these posts on our 2020 reflections here. We made 7 investments in SoCal founders in our first year (out of 8 total), and even the 1 exception has deep SoCal ties and we hope to relocate her here in 2021. Today, we have Carey Ransom , of Operate (www.operatestudio.com). Contact our editors for details.

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socalTECH

DECEMBER 23, 2020

You will be able to get to all of these posts on our 2020 reflections here. As a fund manager, showing the credibility of being able to execute on an investment thesis while garnering the support from the larger investment community that that thesis makes sense is a tremendous milestone. Contact our editors for details.

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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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Tech.Co

JANUARY 3, 2020

In this article, we'll go over a few examples of the most essential business tech you're going to need to compete in 2020. With these insights you can make informed decisions and boost repeat customers, without having to invest too much money. The post The Business Tech You Need in 2020 appeared first on Tech.co.

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Xconomy

APRIL 22, 2020

Given the number of late-stage and mid-stage studies expected to report data in 2020—assuming they stay on track amid the COVID-19 pandemic—this could be a pivotal year for the field, said Isabelle de Cremoux, CEO and managing partner of Seventure Partners.

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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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socalTECH

SEPTEMBER 11, 2020

According to Beta Boom, The List--founded by Constance Curtis--is part of a group of startups which is near completion of a six month program, the Beta Boom 2020 Women's Startup Academy--which culminates with a competition for $10K in funding judged by investors and others from Elevate Capital, Salesforce Ventures and Hustle Fund, among others.

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TechCrunch LA

AUGUST 12, 2022

In January 2020, the company was in discussions with Whole Foods about launching a pilot of its meals in a few stores. He and Chan had to make some tough decisions, including streamlining a lot of the business and costs, and unfortunately letting staff go. However, there was a silver lining for Positive Food.

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socalTECH

APRIL 14, 2021

San Diego-based driver safety and monitoring equipment maker Lytx says it has set its all time record revenue in 2020, as a result of a 63% increase in new customers. According to the company, it secured more than 100,000 new and upgraded subscriptions.

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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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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 12, 2021

Santa Monica-based private equity investor Clearlke Capital Group says it has made a strategic, equity investment in RSA Security, which develops encryption, cybersecurity, risk and compliance, and other related software. Financial details of the investment were not announced.

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TechCrunch LA

SEPTEMBER 21, 2021

CrossCut Ventures, ManchesterStory and Western Technology Investments co-led the investment, which brings its total raised to $15.3 ” 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. year to date so far.

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socalTECH

DECEMBER 21, 2021

Sketchy is backed by TCG and Reach Capital, who invested $30 million in the company in 2020. Financial details of the deal were not announced. The companies said the two have partnered to help students prepare for the MCAT. Both companies are based in Los Angeles.

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Study Education Los Angeles Tool 113

socalTECH

JANUARY 18, 2022

Santa Monica-based venture investment firm Griffin Gaming Partners is the lead investor in Turkish mobile gaming developer Spyke, Spyke said on monday. billion back in 2020. According to Spyke, it raised $55M in its seed funding round from Griffin Gaming Partners. Griffin is led by Peter Levin, Phil Sanderson and Nick Tuosto.

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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. According to the company, the funding comes on top of a $15M, Series B funding in November of 2020.

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Software Review Los Angeles Software Funding 113

TechCrunch LA

APRIL 30, 2019

Faraday said that it expects the JV to reach an annual production capacity of 300,000 vehicles and begin selling cars by 2020. The Chinese real estate giant backed out of a proposed $2 billion investment deal with Faraday at the end of 2018 following an extended dispute over terms. Faraday has since sought alternative investment.

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Invest Layoffs Los Angeles Product 143

socalTECH

MARCH 25, 2019

According to Faraday Future, it expects annual production capacity of the venture of 300,000 cars, with a first pre-production car expected to roll off lines in 2020. The deal provides a much needed cash injection to Faraday Future, which has been struggling to restart its operations after a fallout with a prior investor. READ MORE>>.

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socalTECH

MAY 19, 2021

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. Resilience said the investment by Canada will maintain 295 existing jobs and create 205 new full-time positions at the Mississauga facility.

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Tech.Co

DECEMBER 29, 2023

Founded in 2020 by two former Meta executives, Tome is a business-focused storytelling and presentation tool that leverages generative AI. million it generated in 2020. The startup has been around since 2020, but has witnessed massive growth throughout 2023 off the back of the recent AI boom kickstarted by OpenAI’s ChatGPT.

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Startup Generative AI Newsletter Tool 213

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

DECEMBER 26, 2019

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. Companies are making it easier than ever for individuals to bank, save, and invest for their future. READ MORE>>.

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Invest News Technology Services 189

socalTECH

JUNE 30, 2021

The company did not say how much of the new investment was actual cash it did say it raised $15M in its Series A in 2020. 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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TechCrunch LA

FEBRUARY 11, 2020

Hyundai Motor Group said it will jointly develop an electric vehicle platform with Los Angeles-based startup Canoo, the latest startup tapped by the automaker as part of an $87 billion push to invest in electrification and other future technologies. Hyundai Motor Group has committed to invest $87 billion over the next five years.

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TechCrunch LA

MARCH 27, 2021

ServiceTitan’s backers are a veritable who’s who of the venture industry, with longtime white shoe investors like Battery Ventures, Bessemer Venture Partners and Index Ventures joining the later stage investment funds like T. Rowe Price, Dragoneer Investment Group, and ICONIQ Growth.

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SaaS Glendale Statistics Los Angeles 292

socalTECH

JULY 27, 2020

According to the company, its summer 2020 product release includes simplified and automated call tracking for multi-location businesses, expanded technology integrations, and other features. Growth Partners, Accel, and Morgan Stanley Alternative Investment Partners, and last raised a round back in October of 2019. READ MORE>>.

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Product Santa Barbara Tool Platform 124

socalTECH

MAY 14, 2019

The Chinese owner of Los Angeles-based gay dating app Grindr must sell Grindr by June of 2020, after reaching an agreement with the Committee on Foreign Investment in the U.S. Beijing Kunlun Tech Co. ,

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TechCrunch LA

JUNE 10, 2021

In all of 2020, it processed $53 billion in volume. Meanwhile, in 2020, Klara hit over a billion in revenue. We’ve scaled up so massively in investments in our growth and technology, but running on a loss is very odd for us,” he told TechCrunch. Now we have more cash and money available to invest further in the long term.”.

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Los Angeles Funding CIO Marketing 266

socalTECH

AUGUST 11, 2020

Los Angeles-based J2 Global , which owns a large number of online brands--including IGN, Mashable, Offers.com, BabyCenter, eFax, and iContact--says it saw record, second quarter 2020 results. The company said it ended the quarter with approximately $711M in cash, cash equivalents, and investments. for Q2 of 2019. READ MORE>>.

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socalTECH

APRIL 26, 2021

on revenues of 418.14M for the year ended December 31, 2020. A direct listing--unlike an IPO--does not use underwriters or investment bankers. The company reported net income of 86.0M The company's biggest investors are Institutional Venture Partners (IVP) and Wellington.

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.Net Los Angeles Tool Report 100

socalTECH

SEPTEMBER 13, 2021

The new fund will primarily in businesses based in North America, and selectively in Europe and Australia, and is focused on focused control private equity investments in lower middle-market companies. The new fund is led by Managing Partners Ron Nayot and Kevin Ma.

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socalTECH

AUGUST 19, 2021

The huge funding round comes only about a year since an earlier, $250M funding it raised back in May of 2020. 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.

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Santa Barbara Equity Capital Funding 113

socalTECH

MAY 20, 2019

Western Digital , the disk drive and memory maker which has substantial operations in Irvine, and Toshiba Memory Corporation said last week that the two have formally agreed to a joint investment in a new, flash memory manufacturing facility in Kitakami, Japan. Financial details of the joint investment deal were not announced.

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socalTECH

NOVEMBER 9, 2021

Oliver was head of Hollar through its sale to Five Below in 2020. According to Boosted Commerce, Oliver will be responsible for managing the company's portfolio of acquired brands. He previously also served as COO of Ticketfly, and also previously served at Amazon.

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Both Sides of the Table

SEPTEMBER 15, 2022

Even then private market investors can paper over valuation changes by investing at the same price but with more structure so it’s hard to understand the “headline valuation.” No blog post about how Tiger is crushing everybody because it’s deploying all its capital in 1-year while “suckers” are investing over 3-years can change this reality.

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Venture Capital Marketing Technical Review Seed Funding 416

TechCrunch LA

JANUARY 26, 2020

The pair made a mix of early- and late-stage investments in Los Angeles-based companies like LegalZoom, Scopely, Art of Sport, The Honest Company, RingDNA, FocusMotion, DyshApp and Represent. Last year, the investment firm expanded with a $1.7 — Scopely (@scopely) January 26, 2020. You will be missed, @kobebryant.

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Venture Capital Los Angeles Legalzoom Calabasas 359