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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. READ MORE>>.

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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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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

Mark Harris is back with new details on Uber’s autonomous vehicle technology program. The upshot: Uber was spending $20 million a month to develop self-driving technologies. After five days in Austin for SXSW, I headed to Los Angeles, actually Hawthorne, for Tesla’s Model Y unveiling.