Meet Lumi, the Los Angeles startup that just raised $9 million for a packaging business

TechCrunch LA

Alongside co-founder and longtime partner Stephan Ango, Jesse Genet has built a business with Lumi that’s already been profitable, and has just raised $9 million in venture funding to boost its growth.

Meet Lumi, the Los Angeles startup that just raised $9 million for a packaging business

TechCrunch LA

Alongside co-founder and longtime partner Stephan Ango, Jesse Genet has built a business with Lumi that's already been profitable, and has just raised $9 million in venture funding to boost its growth. .

Elementary Robotics raises cash to expand in Los Angeles’ growing robotics hub

TechCrunch LA

million in seed funding to begin building a manufacturing facility and expand its presence in Los Angeles as the city continues to grow as a hub for robotics and automation. . ” Recent Funding Robotics Startups TC Elementary Robotics Los Angeles

Greentoe Lands Angel Funding

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Los Angeles-based Greentoe.com , which operates an online marketplace which lets people name their own price for electronics and other items, has raised a round of angel funding, the firm said today. The funding came from Parker Thompson from 500 Startups/Dave McClure. Size of the funding was not announced. greentoe venture capital angel ecommerce retail retailer seed

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Los Angeles investors and entrepreneurs launch PledgeLA, a diversity and inclusion program

TechCrunch LA

Demographics at funds and startups will also be under the microscope, since signatories have agreed to report on their composition by race, gender, age, sexual orientation, disability status, immigration status, veteran status, educational attainment, socioeconomic origin, tenure at a firm.

With the Los Angeles tech scene exploding, CrossCut Ventures raises $125 million to invest

TechCrunch LA

CrossCut Ventures, a Los Angeles-based seed investment firm has just closed its fourth (and largest) fund with $125 million in new cash. It’s been a long road for the firm’s three co-founders, who have been investing in Los Angeles since 1997.

With the Los Angeles tech scene exploding, CrossCut Ventures raises $125 million to invest

TechCrunch LA

CrossCut Ventures, a Los Angeles-based seed investment firm has just closed its fourth (and largest) fund with $125 million in new cash. It’s been a long road for the firm’s three co-founders, who have been investing in Los Angeles since 1997.

Los Angeles is using ride-hailing startup Via to shuttle people to public transit

TechCrunch LA

Los Angeles is partnering with on-demand shuttle-based service Via as part of a pilot program that will give people rides to three busy public transit stations. million, which is funded in part by a $1.35

Angel Funding Advice

Both Sides of the Table

Last night I attended a DealMaker Media (whom I love because they always host such great discussions) panel on raising angel money moderated by Dan Gould and with panelists Rob Hayes (First Round Capital, more seed or A round than angel), Scot Sangster (with OrganicStartup and [.]. This is part of my ongoing series Pitching a VC.

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Los Angeles Fundingpost VC and Angel Investor Conference

SoCal Tech Calendar

Thursday, March 28, 2019 -- Interested in meeting and pitching to early-stage Angel Investors and Venture Capitalists in Southern California? Location: Cross Campus 929 Colorado Ave Santa Monica, CA 90401 Date: Thursday March 28, 2019 Time: 5:30pm-8:30pm Speakers: Moderator: Joe Daniels, McCarter and English Robert Mai, Scopus Ventures Andrew Ly, Angel Investor Brandon Maier, Quake Capital Mark Linao, AET Fund Kelly Perdew, Moonshots Capital Richard Sussman, Nordic Eye VC.

Angel Funding Advice

Both Sides of the Table

Last night I attended a DealMaker Media (whom I love because they always host such great discussions) panel on raising angel money moderated by Dan Gould and with panelists Rob Hayes (First Round Capital, more seed or A round than angel), Scot Sangster (with OrganicStartup and the best spokesperson for Tech Coast Angels that I have met to date), Tom McInerney (TGM) and Jarl Mohn (who invests on his own “account&# and whose track record is truly humbling).

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Amos Content Group Gets Angel Funding

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Santa Monica-based Amos Content Group , a provider of editorial and video content services, said today that it has scored a round of angel funding. Financial details of the funding were not disclosed. production capital venture funding angel editorial video group content amos

Former Hulu exec Noah Heller launches new venture fund to focus on LA tech

TechCrunch LA

Primarily focused on backing Los Angeles-based technology startups, the new fund has already committed capital to three deals, Heller confirmed. TC Venture Capital 3Rodeo digital media Hulu internet television Los Angeles Noah Heller Vhoto Virtual reality

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Former Hulu exec Noah Heller launches new venture fund to focus on LA tech

TechCrunch LA

Primarily focused on backing Los Angeles-based technology startups, the new fund has already committed capital to three deals, Heller confirmed. TC Venture Capital digital media internet television Hulu Virtual reality Los Angeles Vhoto 3Rodeo Noah Heller

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Tech Coast Angels Looks To Shorten Funding Cycle

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The Tech Coast Angels , Southern California's most active , organized angel investment group, has a goal: cut down the time it takes to fund a startup presenting to the organization. tech coast angels funding startup screening pitch investment angeles

Tech Coast Angels Hails Exit At CaseStack

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The Tech Coast Angels said this morning that its members said a 16x return from their investment in CaseStack , the logistics and supply chain company led by Dan Sanker, after its acquisition last year for $255M. According to the Tech Coast Angels, this is the company's sixth highest ever. The Tech Coast Angels were investors in CaseStackf or nearly 15 years. The Tech Coast Angels' Bill Collins was co-deal lead on the investment, along with the late Bill Hahn.

Local Angels Fund Troopswap.com

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A set of three, well known Los Angeles investors with military connections are funding a new startup, Troopswap.com , focused on providing daily deals to the military community. According to Troopswap.com, based in Hampton Road, Virginia, it has scored $585,000 in private funding from investors that include Frank Monestere , President/COO of Legalzoom.com, Paige Craig , CEO of BetterWorks.com, and Kelly Perdew , CEO of FastPointGames.

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Transportation Weekly: Uber’s spending habits, Tesla Model Y, scooters and AVs in Austin

TechCrunch LA

After five days in Austin for SXSW, I headed to Los Angeles, actually Hawthorne, for Tesla’s Model Y unveiling. Uber is in talks with Softbank Vision Fund and Toyota to raise $1 billion for its self-driving unit Uber ATG. This brings the startup’s total funding to $3.85

Angel / VC Funding in A Frothy Market

Both Sides of the Table

Adeo asked me to speak about fund raising. I generally don’t like to speak about fund raising in a frothy market. VC Funding in a Frothy Market. I had the privilege of keynoting at the Founder Showcase tonight in San Francisco. If you’re bullish you seem like a Cramer-esque cheerleader and if you’re bearish you sound like a party pooper. But Adeo asked so I obliged. I don’t know whether they shot video. If they do I’ll post it.

Aligned TeleHealth Gets Angel Funding

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Size of the funding was not announced. The company said the funding came from Deepak Chopra, the CEO and founder of OSI Systems, and Hector Sulaiman, CEO of Controles Graficos. Agoura Hills-based Aligned TeleHealth , a provider of telemedicine services and technology, said today that it has raised a round of private financing from two individuals. Both join the company''s board of advisors. Aligned Telehealth is led by Nitin Nanda.

HeyTutor Raises $1.0M In Funding

socalTECH

Los Angeles-based HeyTutor , which operates an online marketplace to help connect students with in-home, tutoring services, has raised approximately $1.0M in what looks like a convertible note funding, based on a regulatory filing by the company. Details on the funding round, which is likely a bridge into a full equity funding, have not been announced. The funding was disclosed on Friday in a publicly available filing.

The Stage Fund Sets Partner In Los Angeles

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The The Stage Fund , a investment and acquisition firm focused on acquiring turnaround companies, has tapped a longtime Southern California entrepreneur, Dan Tamkin , as a new Managing Partner in Los Angeles. According to the fund, Tamkin will be setting up a West Coast office for the fund, which is based in Denver, Colorado. stage fund tamkin unified dispatch angeles investment finance financial

OfferPad Plans Launch In Los Angeles After $260M Funding

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OfferPad , a startup which operates an online service which provides instant home buying offers to homeowners, is planning to launch its service in Los Angeles, after raising $260M funding. OfferPad, which is based in Arizona, said the funding came from LL Funds LLC. The funding is split between $30M in equity and $230M in debt. The company says it is launching in Los Angeles this month.

Independa Gets $1M In Angel Funding

socalTECH

San Diego-based Independa , the provider of technology which helps to connect and remotely monitor seniors, to help them live independently longer, has raised $1M in an angel funding round. The funding was first publicly disclosed in a regulatory filing last week.

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As the LA venture market booms, Upfront closes its sixth fund with $400 million

TechCrunch LA

As the firm looks ahead to its own future, Suster and the firm he's helped grow remain committed to the future of Los Angeles. TC Venture Capital economy entrepreneurship finance Los Angeles Mark Suster money Private Equity United States upfront ventures venture capital

As the LA venture market booms, Upfront closes its sixth fund with $400 million

TechCrunch LA

As the firm looks ahead to its own future, Suster and the firm he’s helped grow remain committed to the future of Los Angeles. TC finance Private Equity venture capital money economy entrepreneurship Los Angeles United States Mark Suster

TCA Gets First Close On Angel Fund

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The Tech Coast Angels announced this morning that it has had a first close on its Angel Capital Entrepreneurial (ACE) Fund 1, the firm's new early-stage investment fund. The fund--which has been in the works since last year--is aimed at making it easier for the TCA to move quickly to invest in companies. The angel group said that the first investment from the fund was in Vokle, an online event broadcasting service.

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Tech Coast Angels, Rady Venture Fund Back Savara Pharmaceuticals

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Both the Tech Coast Angels , Southern California's largest organized angel investment group, as well as San Diego's Rady Venture Fund are part of a $16M funding round for Savara. According to the Tech Coast Angels , it contributed $3M to the funding, the largest single funding ever raised by the group. capital investment angel pharmaceuticals savara fund venture rady angels coast tech

Angeles Equity Partners Finds $360M For First Private Equity Fund

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Los Angeles-based Angeles Equity Partners , a new private equity investor, said this morning that it has raised $360M in its first private equity fund. The fund, Angeles Equity Partners I, L.P., came from institutional investors, public and private pension plans, endowments, foundations, a sovereign wealth fund, and alternative asset managers, according to the new fund. The new fund was founded by Timothy Meyer and Jordan Katz.

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IntraStage Raises Angel Funding

socalTECH

San Diego-based IntraStage , a developer of quality management software for companies who design and manufacture electronic products, including statistical process control (SPC) and other testing and data analytics tools, has raised a round of angel funding. According to the firm, it raised a Series A investment led by the Tech Coast Angels. The company said the funding will go towards sales, support, and R&D infrastructure.

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Greycroft's New $200M Fund May Be Boon To Los Angeles

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A new, $200M growth fund from Greycroft Partners may be a boon to the Los Angeles market--the source of a big chunk of the investment company''s venture capital investments. Greycroft Partners said today that it has closed on a $200M, first growth fund, to specifically invest in later stage investments in portfolio companies. Greycroft has been particularly active in the Los Angeles market, having invested in such successful companies here as Maker Studios.

More investors are betting on virtual influencers like Lil Miquela

TechCrunch LA

” Los Angeles-based Brud is by far the most established of this new breed in the U.S. (at The NBA star and studio analyst also committed capital to Toonstar’s recent seed funding, a round led by Founders Fund partner Cyan Banister.

Counting Angels

Steve Reich

How many Angels do you want in your cap table? Mark Suster wrote a great piece in July giving his answer: “If all else fails, angel-load away! I often hear founders fretting about “too many Angels on the cap table.” The key to managing your Angels?

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Los Angeles Cleantech Incubator Gets $200,000 Grant, Eyes Investment Fund

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The incubator effort looking to make Los Angeles a key part of the clean technology industry, the Los Angeles Cleantech Incubator (LACI) , announced this morning that it has received a $200,000 grant from the JPMorgan Chase Foundation, to help advance its program--and may even start its own investment fund. The incubator said the grant will help fund programs focused on advancing sustainable technology development and adoption in the Los Angeles region.

Tech Coast Angels Fund Cadence Biomedical

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The Tech Coast Angels has backed the maker of a medical device to help people with severe disabilities to walk. According to Cadence Biomedical , the Tech Coast Angels are among a number of new investors in a $1.1M, Series A2 funding for the company. The funding was led by HealthTech Capital, and also included the Sand Hill Angels, Tech Coast Angels, ACE Fund, Frontier Angel Fund, WINGS, Alliance of Angels, and Keiretsu Forum Northwest.