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Tech Coast Angels Los Angeles Launches New Members Only Fund

socalTECH

The Tech Coast Angels says it has launched a new, annual fund, and is continuing to invest--despite the pandemic. The angel group, the largest in the nation, said it invested over $19M in 2019, in part due to a similar fund created by its San Diego chapter, the TCA-San Diego, last year.

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SoCal Venture Capital Investments Total $497.8M In Q4

socalTECH

Southern California venture capital investments total $497.8M, according to the latest numbers from the MoneyTree Report by PricewaterhouseCoopers LLP and the National Venture Capital Association, which were released this evening, based on data from Thomson Reuters. in investments, followed by $182.7M in investments.

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Elon Musk Settles In With New, Bel-Air Mansion

socalTECH

It looks like Elon Musk , the tech mogul behind Hawthorne-based SpaceX , is settling further into Los Angeles, and has purchased a $17M mansion in Bel Air. Musk--who has been splitting his time between Los Angeles and Silicon Valley--is also head of electric car company Tesla Motors, and solar leasing firm SolarCity.

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SpaceX Raises $1 Billion From Google, Fidelity

socalTECH

Hawthorne, California-based SpaceX , the Los Angeles area commercial rocket and spacecraft developer led by Elon Musk, announced Tuesday afternoon that it has raised a billion dollars in a financing round. google spacex investment venture capital internet satellite constellation launch rocket mars aerospace goog fidelity'

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

socalTECH

billion in investments in Q1 of 2015, according to the latest numbers from the PricewaterhouseCoopers/National Venture Capital Association. MoneyTree report, which was released this evening, The quarter was the biggest, investment quarter for Southern California since the dot com era. invested in SmartDrive Systems. READ MORE>>.

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Venture Capitalists Invest $475.5M In Southern California In Q3, Says MoneyTree

socalTECH

was invested in 65 Southern California deals in Q3, compared to $773.3M billion invested in 637 deals in Q3, up 17 percent quarter-to-quarter, but down three percent in deals. in 32 deals, followed by Los Angeles with $172.3M and 87 deals in Q3 of last year. In the region, San Diego led in Q3 deals, with $236.3M in 25 deals.

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

TechCrunch LA

.” This historical look at Uber and its self-driving tech unit, Uber ATG, should be considered alongside more recent news, including that it’s in negotiations with investors, including the SoftBank Vision Fund, to secure an investment as large as $1 billion for its autonomous vehicles unit. billion investment in 2018.