L.A. Business Journal

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

SpaceX 251

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

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

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.

Postmates is Arriving at Dodger Stadium

L.A. Business Journal

The Los Angeles Dodgers named San Francisco-based mobile app Postmates Inc. as a concessions partner - bringing the ease of food pickup into the stadium

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

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

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

Rick Fox Exits Echo Fox, Settles Lawsuits

L.A. Business Journal

Rick Fox will leave the esports company he founded and settle lawsuits he was been trading with his co-founders

Snap Reports Growth in Users, Revenue for Third Quarter

L.A. Business Journal

Snap Inc.’s s revenue and user base continue to grow while its losses shrink

Report 130

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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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

ServerFarm Acquires UK Data Center Operator

L.A. Business Journal

El Segundo-based data center management company ServerFarm purchased 5NINES Global Holdings Oct.

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

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

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

Faraday Faces Rockier Road

L.A. Business Journal

Jia Yueting, founder of Gardena-based electric vehicle company Faraday & Future, filed for bankruptcy Oct. 14 to address $3.6 billion in debt

M13 Raises $175M for Second Fund

L.A. Business Journal

Virgin Group Richard Branson invests in M13’s $175 million fund

Invest 130

AECOM Sells Unit for $2.4 Billion

L.A. Business Journal

AECOM plans to sell its management services business to private equity firms for $2.4 billion

Equity 130

Knowable Universe Raises $3.75 Million Seed

L.A. Business Journal

Online learning startup Knowable Universe raised a $3.8 million seed round featuring participation from Upfront Ventures

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

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

Pepperdine Names Most Fundable Companies

L.A. Business Journal

Pepperdine’s Graziadio Business School announced the winners of its second annual Most Fundable Companies competition

Upfront Ventures Leads $56 Million Invoca Funding Round

L.A. Business Journal

Invoca Inc., a call center analytics firm, raised $56 million in a funding round led by Upfront Ventures

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

Upfront Ventures Leads $6 Million Series A for Nexkey

L.A. Business Journal

Smart lock technology company Nexkey raised a $6 million Series A led by Santa Monica-based Upfront Ventures

Finance App Dave Inc. Raises $50 Million

L.A. Business Journal

Financial management app developer Dave Inc. raised $50 million from Palo Alto-based growth equity investors Norwest Venture Partners

Equity 153

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

Vernon 198

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

Database Looks to Ease Bid Access

L.A. Business Journal

Los Angeles Area Chamber of Commerce spearheads an effort to create a unified database of contract bid opportunities for local small businesses

Wheels Labs Raises $50 Million

L.A. Business Journal

Wheels Labs Inc., a West Hollywood-based electric bike company, raised a $50 million round led by DBL Partners

MedMen Terminates PharmaCann Purchase, CFO

L.A. Business Journal

Cannabis retailer MedMen Enterprises Inc. terminated an agreement to acquire pot cultivator PharmaCann

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Faraday Future Founder Files for Bankruptcy

L.A. Business Journal

Jia Yueting, founder of Gardena-based electric vehicle company Faraday & Future, filed for bankruptcy Oct. 14 to address mounting personal debts