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Snap’s Yellow accelerator debuts its third batch of investments

TechCrunch LA

The group occupies some familiar spaces for past investments, with a focus on niche social communities, mobile media tools and augmented reality. Snap investment Hardworkers. The 10 startups in Yellow’s third batch include: Brightly : a media platform and community that promotes ethical and sustainable brands. ”

Invest 237
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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. . After about a year of research, the company launched with an initial investment of $1.2 Elementary Robotics has raised $3.6

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Trousdale Ventures Seeds Preamble's AI Tools

socalTECH

Los Angeles-based venture investor Trousdale Ventures announced this morning that it has made an investment in Preamble, a startup offering up "ethical artificial intelligence" moderation to social networks. Size of the seed funding round was not announced.

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Wavemaker Partners Leads Investment In Cognitive Health Startup

socalTECH

Los Angeles-based Wavemaker Partners is one of the lead investors in a round for a cognitive health startup, Savonix , in an extension of its Series A funding. The investment round also included DEFTA Partners, Rethink Impact, and DigiTx Partners. Savonix said it raised $9.6M

Invest 133
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LA's Boundless Mind Acquired By Thrive Global

socalTECH

Los Angeles-based artificial intelligence developer Boundless Mind , which is uses AI to personalize the interaction of users on apps, has been acquired by New York-based Thrive Global , a startup founded by Arianna Huffington focused on behavior change. Size of that investment was not announced.

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Armorway Picks Up $2.5M For AI Platform

SoCal Tech Calendar

Los Angeles-based Armorway , which develops data analytics software which uses artificial intelligence (AI) for cybersecurity response, has raised $2.5M in a seed funding round.

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Shamrock Capital Backs Pixellot In $30M Funding

socalTECH

Los Angeles-based private equity investor Shamrock Capital reports this morning that it has led a $30M investment in Pixellot , an Israeli firm developing automatic, artificial intelligence-driven software for producing streaming sports video. Pixellot has now raised more than $40M in funding. READ MORE>>.