L.A. Business Journal

Solar Startup Heliogen Looks to Power Plants, Refineries

L.A. Business Journal

For decades, solar technology experts have sought to generate electricity. But Pasadena-based Heliogen has a new technology that swaps fossil fuels for solar energy in industrial applications

SpaceX Receives Funding from NASA to Aid Moon, Mars Missions

L.A. Business Journal

SpaceX is one of 14 companies awarded grants from NASA to boost the agency's mission to return to the Moon and to eventually land on Mars

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Fintech Startup Altruist Raises $8.5 Million

L.A. Business Journal

Venice-based startup Altruist Corp. raised an $8.5 million Series A round

Venice 184

SRAX Raises $5.5 Million to Fuel European Expansion

L.A. Business Journal

Advertising technology software firm SRAX Inc. announced Tuesday it will bring its product offerings to Europe, an expansion made possible by the closing of an Aug. 12 equity worth $5.5 million

Equity 239

Fair Obtains $500 Million Credit Facility

L.A. Business Journal

Car leasing startup Fair secured a $500 million loan from Mizuho Bank in the company's third line of credit since July

Riot Games Creates New Publishing Label

L.A. Business Journal

Riot Games announced the launch of Riot Forge, a third-party developer publishing label

MomentFeed Chooses New Chief Executive

L.A. Business Journal

Santa Monica-based customer management software developer MomentFeed Inc. appointed Nick Hedges as its new chief executive July 9

PlayVS Raises $50 Million

L.A. Business Journal

Esports league organizer PlayVS announced Sept. 19 it raised a $50 million Series C to hire more staff and further its reach into amateur esports competitions

Visa Acquires Payment Protection Company Verifi

L.A. Business Journal

Mid-Wilshire-based Verifi, which develops software to secure electronic payments for businesses, was acquired by Visa Inc.

Loot Crate Files Bankruptcy, Plans to Sell Assets

L.A. Business Journal

Loot Crate Inc., which sells subscription boxes of pop culture apparel and collectibles, filed for Chapter 11 bankruptcy protection Monday

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Deep 6 AI Raises $17 Million Series A

L.A. Business Journal

Pasadena medical software developer Deep 6 AI raised a $17 million Series A

ServiceTitan Acquires WaterSoftWare

L.A. Business Journal

Glendale-based software firm ServiceTitan acquired water treatment software developer WaterSoftWare for an undisclosed sum

Fair Obtains $500 Million Credit Facility

L.A. Business Journal

Car leasing startup Fair secured a $500 million loan from Mizuho Bank in the company's third line of credit since July

Clutter Acquires Storage Fox for $152 Million

L.A. Business Journal

On-demand storage startup Clutter Inc. paid $152 million to acquire New York-based self-storage outfit The Storage Fox

Demand 201

Wag Names New Chief Executive

L.A. Business Journal

Wag Labs Inc. said product head Garrett Smallwood has replaced Hilary Schneider as the company's chief executive

Hospitality Startup AvantStay Raises $20 Million

L.A. Business Journal

3L Capital led the Series A financing round, which AvantStay will use to advance its rental technologies and acquire more properties for clients to rent

BYD Sells 130 Electric Buses to LADOT

L.A. Business Journal

BYD Motors will deliver 130 electric buses to the L.A. Department of Transportation, the company's largest order yet

HyreCar Increases Revenue, Losses in Third Quarter

L.A. Business Journal

Santa Monica-based car rental startup HyreCar Inc. reported third-quarter revenue of $3.7 million

EVGo Expands Leaf Partnership with Nissan

L.A. Business Journal

Sawtelle-based EVgo Services has expanded its existing relationship with Japanese automaker Nissan Motor Co. offering free charges to Nissan drivers at any of its charging locations

Frame.io Plans LA Space

L.A. Business Journal

New York-based video editing software developer Frame.io has raised a $50 million Series C round and will use part of the funding to gain a foothold in the L.A. market

Honey Acquired by PayPal for $4 Billion

L.A. Business Journal

PayPal Holdings Inc. paid $4 billion to acquire Mid-Wilshire-based ecommerce software developer Honey Science Corp

Halla AI Platform for Ecommerce Raises $1.4M Seed Funding

L.A. Business Journal

Burbank-based Shag Enterprises Inc, an artificial intelligence company that’s created a predictive platform for online ordering, announced on May 15 it raised $1.4 million in seed funding led by New York-based E&A Venture Capital

Stamps.com Profit Plunges After Ending Postal Service Partnership

L.A. Business Journal

In its first quarterly earnings report since terminating the agreement, Stamps.com posted a net income of $14 million, down 69% from $45.5 million this time last year

.Net 205

Fair Secures $100 Million Investment from Ally Financial

L.A. Business Journal

Online car leasing startup Fair announced Aug. 27 it raised a $100 million credit facility led by Ally Financial Services Inc. to help finance its existing business and buy cars for its users

Invest 193

LiveXLive and Allied Esports Team Up to Produce Gaming Events

L.A. Business Journal

Live event producer LiveXLive Media Inc., based in Beverly Hills, announced today it will partner with Irvine-based Allied Esports Entertainment Inc. to put on live esports events

Social Networking Startup MeWe Raises $4.5 Million

L.A. Business Journal

Culver City-based social networking startup Sgrouples Inc., doing business as MeWe, announced it raised $4.5 million in a venture round, bringing its total funding to $15 million since launching in 2012

Fintech startup Altruist Raises $8.5 Million

L.A. Business Journal

Venice-based startup Altruist Corp. raised an $8.5 million Series A round

Venice 130

Canoo Sued for Gender Discrimination

L.A. Business Journal

Electric vehicle startup Canoo and Chief Executive Stefan Krause were sued for wrongful termination by former communications lead Christina Krause

Relativity Secures $140M Series C

L.A. Business Journal

Relativity Space raises $140 million, will use it to advance 3D-printing technology

USGS Awards $2.2 Million to Caltech for Earthquake Warning System

L.A. Business Journal

The U.S. Geological Survey has awarded $2.2 million to Caltech for additional development on ShakeAlert, an earthquake early warning system

HyreCar Announces Pricing of Second Stock Offering

L.A. Business Journal

Downtown-based digital car-sharing marketplace HyreCar Inc. announced July 19 it will sell an additional 3.5 million shares to raise capital to expand its staff and technology offerings

Snap Rolls Out New Spectacles

L.A. Business Journal

Snap Inc. releases the newest version of Spectacles, its camera- and video-capable glasses

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Loot Crate Closes Warehouse, Lays off 150 Workers

L.A. Business Journal

Lincoln Heights-based retailer Loot Crate Inc., which sells subscription boxes of apparel and collectibles, closed down its Vernon warehouse and laid off the facility's 150 workers this month

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Miso Robotics' Robot Chef Continues Work at Dodger Stadium

L.A. Business Journal

A Pasadena robotics and artificial intelligence outfit that’s been using a robot to fry chicken tenders at Dodger Stadium just gave the bots an upgrade to include the frying skill

Salon App Boulevard Makes the Cut

L.A. Business Journal

Salon booking service Boulevard raised $11 million in Series A funding, the company announced Nov.