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Silicon Beach Report March 30: Female-Focused Venture Fund Raises $10.4 Million

L.A. Business Journal

Female-focused venture fund raises $10.4 million; Los Angeles tech workers data released; SpaceX gets approval to build satellite-powered broadband network.

Funding 187
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Los Angeles investors and entrepreneurs launch PledgeLA, a diversity and inclusion program

TechCrunch LA

In an attempt to boost diversity and inclusion efforts and civic engagement between the growing technology industry in Los Angeles and the community that surrounds it, over 80 venture capitalists and entrepreneurs joined the city’s mayor, Eric Garcetti, and the non-profit Annenberg Foundation to announce PledgeLA. The landmark.

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Max Q: How to build a Starship

TechCrunch LA

Busy week for SpaceX – across funding, space tourism, and next-gen spacecraft. SpaceX plans to build Starships at a furious clip. SpaceX is serious about iteration – its strategy of building (and failing – and learning from its failures) fast is in full effect for its Starship development program.

SpaceX 153
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Report: Tesla Subject Of Criminal Probe Of Musk Tweets

socalTECH

Tesla Motors , one of the companies run by Los Angeles technology mogul Elon Musk, is reportedly being investigated in a criminal probe by the Department of Justice. According to report, the SEC was aready investigating possible "misleading pronouncements" on manufacturing goals and sales at Tesla. The stock now trades at around $282.

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Who's In Southern California's Unicorn Club?

socalTECH

A look at the companies who are private, backed by venture capital, and are valued at more than $1 billion across Southern California -- from San Diego to Los Angeles to Santa Barbara -- is an interesting contrast in the wide range of types of technology companies across the region. SpaceX (www.spacex.com). SpaceX (www.spacex.com).

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Southern California Sees $1.9 Billion In Q1 Deals, Biggest Since Dot Com Boom

socalTECH

MoneyTree report, which was released this evening, The quarter was the biggest, investment quarter for Southern California since the dot com era. More than half of this quarter''s investment due to a single, nearly $1 billion investment in Hawthorne-based SpaceX. in investments, and Orange County saw $172.81M in funding.

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All The Questions You Wanted Answered about Bird Scooters and Their Recent $300 Million Funding

Both Sides of the Table

How could Bird really be worth the reported $2 billion valuation that I read about in this press? Does it surprise you that the fastest-growing “unicorn” was launched in Los Angeles and not San Francisco? This is why so many great LA funds like Upfront, Greycroft and B Capital Global have all backed Bird. Not at all.