TechCrunch LA

JULY 19, 2022

Josh Kaplan and Dee Murthy, both founder and co-CEO of the Los Angeles–based company, started Ghost in 2021 after previously working together at Four Five Group, a men’s apparel business. million in new funding for its predictive inventory recommendation platform, joining other similar companies, including Zippedi and Inventa.

Product

socalTECH

JULY 16, 2020

in a seed funding round, and officially launched. The company said the funding was led by Craft Ventures, the venture firm founded by David Sacks, and also included Abstract VC and Wonder Ventures, as well as other angels, including Zillow co-founder Spencer Rascoff. Nick Dze is the co-founder and CEO of PocketList. READ MORE>>.

Seed Funding

socalTECH

FEBRUARY 22, 2019

According to the company, the new funding will go towards ongoing development of its lead compound vibegron, for business development opportunities, and for general corporate purposes. Urovant is led by Ceo Keith A. The company said that the deal also includes granting Hercules warrants in each of the tranches.

Funding

socalTECH

JANUARY 27, 2021

The company said it received the funding from the DARPA Scalable Wideband Autonomous RF Mapping MANET (SWARMM), which is aimed at intercepting arbitrary RF activity. Silvus says it expected to demonstrate the operation of its technology in a field test in March of 2021.

Outsource Development

Startup Professionals Musings

JULY 2, 2021

If you are like the rest of us, and need every advantage you can muster, to get the funding and support you need for your new business, see how many of these non-product elements you can highlight in your next networking discussion. Marty Zwilling First published on Inc.com on 06/18/2021.

Funding

Startup Professionals Musings

OCTOBER 17, 2022

Venture capitalists (VCs) have long been seen as the top of the pyramid for startup funding sources, but in fact angel investors now fund over twice as many companies, according to a classic Crunchbase article. Here are a couple of concerns and possible negatives to avoid: More startups left in the funding gap.

Guide

socalTECH

JANUARY 3, 2022

Los Angeles-based EcoFlow, the developer of portable power stations, says it reached $200M in annual revenues in 2021, up 275% from the year before. The company is backed by Sequoia's China Fund, Hillhouse, and CICC, and received $100M in a Series B investment back in June of 2021.

Sales

Startup Professionals Musings

APRIL 26, 2021

As a long-time advisor to entrepreneurs and occasional angel investor, I often see and hear innovative product pitches that sound exciting, but are missing one or more of the key business elements that investors deem critical for funding consideration. Marty Zwilling First published on Inc.com on 04/13/2021.

Funding

TechCrunch LA

JANUARY 25, 2022

Now it’s picking up some funding along with an endorsement Europe to further its growth. The startup has received €50 million (just under $57 million at today’s rates) from the European Investment Bank, the funding arm of the European Union. The funding from the EIB ticks a couple of different boxes for the EU.

Invest

TechCrunch LA

OCTOBER 27, 2020

The funding, which was led by Two Sigma Ventures and included existing investors like Plexo Capital, Amplify, and BoldStart values the company at over $100 million. The company, which currently has 28 employees expects to grow to 75 staff members by the end of 2021, Miller said.

Software

TechCrunch LA

JUNE 10, 2020

The program is expanding to Chicago in 2021, the blog post notes. Mujhid had to communicate that the “community they’ve built may formally cease without emergency funding.” It held a city-based internship program with Los Angeles, which connects students to venture capital firms in the area.

Equity

TechCrunch LA

APRIL 5, 2022

million in seed funding from groups like Agya Ventures, Gaingels, Goodwater Capital, Nomo Ventures, PKO Investments and Y Combinator — Playhouse was a member of Y Combinator’s summer 2021 cohort. Now, Playhouse is releasing its TikTok-like, short-form video feed of Bay Area properties in beta. It’s already secured $2.8

Content

socalTECH

JULY 15, 2021

The National Venture Capital Association says that venture capital activity in Q2 of 2021 has hit record highs, with the group saying, in particular, that seed and early-stage VC financings have hit record highs and new quarterly records. The NVCA said that $75.0

Venture Capital

TechCrunch LA

APRIL 27, 2021

With the latest funding, Clio claims that it’s the “first legal practice management unicorn” globally. With 5 new unicorns in first week of 2021, are we in for a stampede this year? The round propels the Vancouver, British Columbia-based company to unicorn status, valuing it at $1.6 Clio currently has 600 employees.).

Platform

TechCrunch LA

AUGUST 9, 2022

The funding, a Series C, will be used to continue expanding Boulevard’s product and engineering teams and to build out more tools targeting an ever-wider set of users in the bigger wellness and beauty sector (those product additions are typically big — it most recently added a whole new payments feature). Focusing on the U.S.

Help

socalTECH

MARCH 26, 2021

According to Faraday Future, the debt included $85M from funds managed by the Credit Group of Ares Management Corporation, with the remainder provided by funds managed by affiliates of Birch Lake Fund Management, LP and other lenders.

Startup

TechCrunch LA

AUGUST 18, 2022

and Europe, today announced that it has raised $65 million, with $50 million of those as a Series B funding round co-led by Albacore Capital Group and $15 million in convertible notes. The company, which previously raised a $20 series A round in 2021, now has a valuation of $300 million.

Los Angeles

TechCrunch LA

NOVEMBER 2, 2021

This year, the company expects — looking at predictions that included results through Q2 2021 — to post positive gross margins. million in Q2 2021, its best result ever, and one of only four quarters in which the result was positive. For example, Bird had gross margins that were negative in 2018, 2019 and 2020.

News

socalTECH

DECEMBER 15, 2020

Irvine-based Cosemi Technologies , a developer of plug-and-play HDMI, DisplayPort and USB active optical cables, said on Tuesday tht it has raised $8M in a strategic funding round. The funding came from Nitto Denko Corporation, a Japanese materials manufacturer. The company's President and CEO is Dr. Nguyen X. READ MORE>>.

Activity

socalTECH

OCTOBER 1, 2019

Los Angeles-based Relativity Space , which is developing technology to 3D print rockets, has raised $140M in a Series C funding round, the company announced on Tuesday morning. According to the company, the funding was led by Bond and Tribe Capital. Relativity is led by co-founder and CEO Tim Ellis. READ MORE>>.

Los Angeles

TechCrunch LA

APRIL 24, 2020

Czinger is hopeful that by 2021 the company will be able to announce that its 3D-printed structures will be production vehicles. It was enough to get the attention of investors and at least two global OEMs as customers. Divergent can’t name the customers because of non-disclosure agreements.

Startup

socalTECH

JANUARY 5, 2021

What are you most looking forward to in the technology/startup world in 2021? I am hopeful that 2020 was an inflection point and 2021 will see more shared prosperity for the diverse voices in our community especially as we look to recover from this devastating pandemic. He previously held C-level roles at Overture Services/Yahoo!,

Southern California

Xconomy

MARCH 28, 2019

Attacks will cost the world $6 trillion by 2021, research firm Cybersecurity Ventures says- –the greatest transfer of economic wealth in history and more profitable than the trade in all major illegal drugs. Cybercrime has become a global epidemic. As the threat keeps rising, the cybersecurity industry keeps growing.

Company

socalTECH

MAY 27, 2021

According to Acorns, the transaction is being supported by Wellington Management, Senator, Declaration Partners, Greycroft, The Rise Fund (TPG's global impact investing fund), and funds and accounts managed by BlackRock have participated, giving it an expected $450M cash balance at closing. which trades on the NASDAQ as PACX.

Equity

TechCrunch LA

APRIL 15, 2021

The company plans to end 2021 with eight locations, in particular eyeing the Denver, Seattle and Los Angeles markets. These partners are acquiring assets and in most cases, are funding the entirety of capital improvements by entering into management or revenue share agreements to operate those properties,” Scriven said.

Commerce

socalTECH

AUGUST 19, 2020

million in academic funding, including Bill & Melinda Gates Foundation Awards, the Vodafone Wireless Innovation Award, and multiple National Science Foundation Awards--says it has created a new digital sensor to automate the process of real-time insect classification and counting. The company--which has received $7.5 READ MORE>>.

Artificial Inteligence

TechCrunch LA

AUGUST 2, 2022

That number is dwarfed by Shein, which gained over 170 million downloads worldwide in 2021 and surpassed Amazon as the top shopping app in the U.S. As of last September, Cider had raised $130 million in funding and crossed the $1 billion valuation point. Cider has racked up roughly 7.4 And Cider has broken into the crowded U.S.

Startup

socalTECH

MARCH 16, 2021

Santa Monica-based on-demand electric scooter provider Bird says it is planning a major investment in Europe, saying it will invest $150M in the continent in 2021. Bird said the investment is part of an effort to support European cities as they reopen and recover.

Invest

socalTECH

NOVEMBER 5, 2020

Micronoma says it is setting up a new headquarters in San Diego with 4300 square feet, with plans to have their new headquarters in San Diego CLIA certified by late 2021, with a dry lab and two wet labs, one each for R&D and CLIA-associated activities, as well as office space. The company recently raised $3M in a funding round.

San Diego

socalTECH

MARCH 5, 2021

The company said it will use more than 1 million shares from its initial public offering, which is worth over $40M, to fund and support the new charity effort, GoodRx Helps. The company said it expects to provide over $5M worth of free mediciations in 2021 as part of the effort.

Santa Monica

socalTECH

AUGUST 11, 2021

GumGum said that its 2021 revenues are on track to grow over 40% compared to last year, and the addition of JustPremium will help expedite that growth. GumGum raised $75M in a funding round earlier this year from Goldman Sachs Growth. JustPremium is based in Amsterdam, and has approximately 150 employees.

Santa Monica

socalTECH

AUGUST 9, 2021

According to Rocket Lab, it will launch the CAPSTONE mission to the Moon from its launch complex in New Zealand, in Q4 of 2021, its first launch to the Moon. The NASA funded mission will place a 55 pound satellite into lunar orbit, as part of a mission by NASA to establish a long term presence on the Moon.

Long Beach

socalTECH

DECEMBER 23, 2019

billion funding round, the company said on Monday. The funding was a fourth round for the company, which has now raised a total of more than $2.85 billion in funding. The new funding was led by T. Rivian , the electric truck maker which has offices in both Irvine and Carson, California, has raised a huge, $1.3

Carson

socalTECH

DECEMBER 23, 2020

At Liquid Stock, we were fortunate the IPO market stayed red-hot and we had two successful IPOs with Sumo Logic and Wish along with the filing of Affirm, Marqeta and Robinhood which we expect to go public early in Q1/2021. What are you most looking forward to in the technology/startup world in 2021?

Venture Capital

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>>.

Funding

Startup Professionals Musings

DECEMBER 26, 2020

In reality, crowdfunding has become a major startup funding vehicle, expected to reach $114 billion globally by 2021, but that doesn’t mean it’s easy. He points out that the word crowd precedes funding in crowdfunding. Of course, if the campaign does not meet or exceed the funding objective, you get nothing.

Startup

socalTECH

APRIL 30, 2019

Los Angeles-based electric vehicle developer Faraday Future (FF) says it has received a new, $225M Senior Bridge Financing, from Birch Lake Fund Management, LP, ahead of a $1.25 The new bridge funding comes after Faraday Future literally pulled a Hail Mary, by gaining the support of Chinese gaming products firm The9 in March.

Equity