Lantern Credit Buys Machine Learning Technology
socalTECH
MARCH 7, 2017
Newport Beach-based Lantern Credit , a fintech startup focused on the consumer credit market, said this morning that it has acquired a set of software used for machine learning.
Artificial Inteligence Startup Technology 
Qulab Applies Artificial Intelligence To Drug Design
socalTECH
APRIL 24, 2019
Los Angeles-based Qulab , a biopharmaceuticals startup developing artifical intelligence software aimed at small molecule drug design, said on Wednesday that it has launched its first product, Quleap. He also attended USC's Viterbi School of Engineering as a Ph.D.
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How PointPredictive Is Using Machine Learning To Uncover Fraud, With Tim Grace
socalTECH
JULY 10, 2017
There's been a revolution in the use of artificial intelligence and machine learning in the last few years, by both startups and large companies, to help in a large number of areas. Tim Grace: PointPredictive is an artificial intelligence, machine learning, and pattern recognition provider.
Incubating LA's Startup Future At the USC Viterbi Startup Garage
socalTECH
APRIL 8, 2013
A few weeks ago, the University of Southern California announced a new startup incubator, the Viterbi Startup Garage ([link] backed by such notable investors as Kleiner Perkins Caufield & Byers and the United Talent Agency. What''s the mission behind the new startup incubator? We have a very large Ph.D.
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What’s the Business Model for Artificial Intelligence in Healthcare?
Xconomy
JULY 2, 2017
These are heady times for using artificial intelligence to extract insights from healthcare data—in particular, from the tidal wave of information coming out of fields like genomics and medical imaging. How can startups make money in this emerging field? This story is part of an ongoing Xconomy series on A.I.
Deckard Technologies Finds $4M For AI Property Tax Software
socalTECH
SEPTEMBER 16, 2019
San Diego-based Deckard Technologies , a new startup founded by serial entrepreneur Neil Senturia, said on Monday that it has raised $4M in funding and launched a new company focused on using artificial intelligence (AI) to identify property tax scofflaws. The company said its latest funding was worth $500,000.
Pearl, the healthcare spinout from LA-based AI startup, GumGum, raises $11 million
TechCrunch LA
MAY 8, 2019
GumGum , the Los Angeles-based startup that’s spent the past decade applying machine learning technologies to advertising and sports, has spun out a new healthcare startup focused on the dental industry called Pearl. “I started the process of collecting dental x-rays over three years ago.”
Halla Finds $1.4M For Online Grocery Personalization
socalTECH
MAY 15, 2019
A brand new, Los Angeles-based artificial intelligence startup, Halla , announced on Wednesday that it has raised $1.4M in its seed funding round, to help it expand its development of personalization technology for online grocers. The company said it has now raised a total of $1.9M
Snap accelerator names its latest cohort
TechCrunch LA
FEBRUARY 19, 2020
The new batch of startups coming from across the U.S. TRASH — using this machine learning-based video editing toolkit, users can quickly create and edit high-quality, short-form video. — hailing from Mexico City, this startup makes mini games in augmented reality for brands and advertisers.
How ZestFinance Is Using Machine Learning to Reshape Lending, with Jay Budzik
socalTECH
APRIL 10, 2019
One of the hottest sectors of the technology startup market today is the use of artificial intelligence, big data, and machine learning across many different sectors including finance. One Los Angeles company, ZestFinance (www.zestfinance.com), has been working in this area for a few years.
Artificial Intelligence Can Help Or Hurt Any Business
Startup Professionals Musings
MARCH 22, 2019
Image via Pixabay Everyone has heard about the big potential for using artificial intelligence (AI) to expand your business, but many of the small businesses I mentor are still wary of embracing it, because they don’t understand how it works, and fear losing control and unintended consequences. Individual biases must be excluded.
Reveal Biosciences Finds Funding From Intel Capital
socalTECH
APRIL 1, 2019
San Diego-based Reveal Biosciences , a startup applying artificial intelligence (AI) and machine learning to pathology, has received a round of funding from Intel Capital , the corporate venturing arm of microprocessor giant Intel. Size of the investment in Reveal Biosciences was not announced.
Going long on LA, India, AI and tech infrastructure March Capital raises $300 million
TechCrunch LA
JANUARY 24, 2019
It’s another indicator that the Los Angeles technology ecosystem is coming of age, but also a sign that March’s core investment strategies — to invest in companies applying artificial intelligence to business use cases and investing in the next wave transforming computing infrastructure — are paying off.
NextWave Ventures Backs New AI Startup, Apical Technology
socalTECH
FEBRUARY 9, 2018
Carlsbad-based NextWave Ventures , a venture capital investor which focuses on commercializing early stage technology, said it has launched a new artificial intelligence start, Apical Technology. Size of the investment in Apical Technology was not announced. The startup was founded by Ron St.
How Imperson Is Using Artificial Intelligence To Bring Miss Piggy To Life
socalTECH
NOVEMBER 9, 2015
We spoke with Eyal Pfeifel , Co-founder and CTO of Imperson, about the startup and its technology�which hints at some of the impact technology development might have on Hollywood. Imperson is based in Israel, but is backed by Disney and has been aiming use of its technology in Hollywood. She also wants to ask questions.
EvoNexus Launches Fintech Startup Effort
socalTECH
APRIL 24, 2019
San Diego- and Irvine-based startup incubator operator EvoNexus says it is looking to attract financial technology (fintech) startups, and is now accepting startup applications for a new financial technology incubator it has launched with Franklin Templeton and Royal Bank of Canada. READ MORE>>.
A Research Team Plans to Merge AI with Human Brain Cells
Tech.Co
JULY 24, 2023
Subscribe Research Team Behind DishBrain Win Funding Monash University released a statement last week confirming that it had been awarded a grant worth hundreds of thousands of dollars to continue its research into “growing human brain cells onto silicon chips, with new continual learning capabilities to transform machine learning”.
Disney Accelerator Demo Day: Artificial Intelligence, 3D Printing, More
socalTECH
OCTOBER 8, 2015
The event, held at Disney's Burbank Studios, included companies demonstrating 3D, Disney-themed printed prosthetic arms; artificial intelligence which allows you to carry on a private conversation with Miss Piggy over social messaging services; brain monitoring headsets; and much more.
ServiceTitan is LA’s least likely contender to be the next billion-dollar startup
TechCrunch LA
APRIL 12, 2018
seems like an unlikely place to grow one of the next billion-dollar startups in the booming Los Angeles tech ecosystem. But it’s here in the (other) Valley’s southernmost edge that investors have found a startup they consider to be the next potential billion-dollar “unicorn” that will come out of Los Angeles.
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271 EvoNexus Launches Fintech Incubator
socalTECH
APRIL 9, 2019
San Diego-based startup incubator operator EvoNexus is launching a brand new, financial technology (Fintech) incubator, in a partnership with Royal Bank of Canada (RBC) and Franklin Templeton , the incubator announced this morning.
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133 Pearl Picks Up $11M To Apply AI Vision To Dental Industry
socalTECH
MAY 9, 2019
Los Angeles-based Pearl , the machine learning startup which was spun out of advertising AI software startup GumGum , has raised $11M in a funding round, which came from Craft Ventures, as well as un-named strategic investors.
Qualcomm Sets Up New, $100M AI Investment Fund
socalTECH
NOVEMBER 28, 2018
San Diego-based Qualcomm announced on Wednesday that it has launched a brand new, venture capital investment fund, which will focus only an artificial intelligence. The first investment out of the fund is in AnyVision , a startup working on face, body, and object recognition. READ MORE>>.
5 Steps To Strategy Tuning Through Machine Learning
Startup Professionals Musings
SEPTEMBER 30, 2018
Conventional thinking in business has long been that strategy decisions are made by humans, while the focus of automation and machine learning should be on execution. They think they are saving costs by not using the latest technology to capture data, and minimizing storage. Get data flowing, and machines talking to each other.
Techstars Names New Los Angeles Accelerator Class
socalTECH
JULY 17, 2017
Techstars Los Angeles has just named the ten companies that will be joining the startup accelerator for its 2017 class, saying its theme this year was "going long on LA and southern California".
EvoNexus, UC San Diego Team On FinTech Efforts
socalTECH
JUNE 11, 2019
San Diego- and Orange County-based startup incubator EvoNexus and the University of California San Diego's Rady School of Management announced this morning that the two are in a new partnership, aimed at creating a new generation of FinTech startups. Financial details of the link between EvoNexus and UCSD were not announced.
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REX Raises $15M Funding
socalTECH
JANUARY 9, 2018
Woodland Hills-based REX Real Estate Exchange , a startup which helps homeowners sell their homes without using an MLS, has raised $15M in a Series B funding. According to REX co-founder and CEO, Jack Ryan, it has developed a technology platform which helps homeowners sell their homes, without going through a traditional agent or MLS.
9 Innovative Startups To Watch For in 2024
Tech.Co
DECEMBER 29, 2023
2023 hasn't been an easy year to be a startup. In fact, according to Crunchbase more than 212 startups closed their shutters in the third fiscal quarter alone – the highest number recorded in the firm's history. Yet, while many early-stage startups crumbled under the pressure, diamonds also emerged.
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194 Google spinoff Cartken and REEF Technology launch Miami’s first delivery robots
TechCrunch LA
MARCH 30, 2021
Self-driving and robotics startup Cartken has partnered with REEF Technology, a startup that operates parking lots and neighborhood hubs, to bring self-driving delivery robots to the streets of downtown Miami. Starship Technologies CEO Lex Bayer on focus and opportunity in autonomous delivery.
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189 EvoNexus Deadline Approaches On Friday
socalTECH
AUGUST 19, 2019
Startups in the Internet-of-Things (IoT), analytics, and security areas looking to join the EvoNexus startup incubator, need to submit their applications by Friday, August 23rd, according to the startup incubator.
TenOneTen Ventures Backs Probably Genetic
socalTECH
JUNE 19, 2019
Los Angeles-based venture investor TenOneTen Ventures is one of the investors in a newly launched startup, which is looking to use artificial intelligence and DNA testing to identify autism and other medical conditions. The startup recently graduated from Y Combinator, and is based in the Bay Area.
The team behind Baidu’s first smart speaker is now using AI to make films
TechCrunch LA
APRIL 7, 2019
While current technologies are not quite advanced enough to make Westworld a reality, startups are attempting to replicate the sort of human-robot interaction it presents in virtual space. I think in this age and time, that’s not what we want to get into,” Xinjie Ma, who heads up marketing for rct, told TechCrunch.
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Saxena: More Than a Tool, A.I. Must Be Used With Society in Mind
Xconomy
DECEMBER 27, 2018
[ Updated 12/27/18, 9:54 am ] Manoj Saxena is bullish on artificial intelligence. startup CognitiveScale and managing director of The Entrepreneur Fund , which makes investments in early-stage machine learning companies, Saxena believes A.I. technologies. As chairman of Austin, TX-based A.I.
LA's AET Fund Raises $50M For Entertainment Technology Investment
socalTECH
APRIL 17, 2019
A new, Los Angeles venture capital fund, AET Fund said on Wednesday that it has raised $50M to make investments in entertainment technology, and hired someone to head up its U.S. AET Fund said that so far, it has made investments in six different startups, including HypeVR, FABLE STUDIO, Tyffon Inc., investment efforts.
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Papaya raises $50M to give you a way to pay bills via its mobile app
TechCrunch LA
DECEMBER 15, 2021
So I think it’s safe to say that any technology that can make the process easier is welcome by all. Papaya is a Los Angeles-based startup with a mission to do just that. It has developed technology to give people a way to pay bills outside of traditional methods, such as through the mail, over the phone or via a Web portal.
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208 Stage Venture Partners Moves Into InvestCloud Innovation Center
socalTECH
AUGUST 31, 2017
Los Angeles-based fintech startup InvestCloud and seed-stage venture capital fund Stage Venture Partners have announced a new collaboration, where Stage will move into InvestCloud's "Innovation Center" in Los Angeles. Stage says it recently raised its second fund. READ MORE>>.
Elementary Robotics is making its quality assurance robots commercially available
TechCrunch LA
JUNE 30, 2020
The company already boasts a few very large initial customers in the automotive industry, consumer packaged goods and aerospace and defense, including Toyota, according to chief executive Arye Barnehama. “Machine learning paired with humans always performs better,” says Barnehama.
Cogitai Gets Funding From Sony
socalTECH
MAY 18, 2016
Anaheim-based Cogitai l, a new artificial intelligence (AI) software startup, said Tuesday that it has raised a strategic round of investment from Sony Corporation. Cogitai said it is developing "core" artificial intelligence software technology. Size of the investment was not announced. READ MORE>>.
Reflections on 2016: Jaspar Weir, TaskUs
socalTECH
DECEMBER 29, 2016
This holiday season, we are again sharing the reflections on 2016 from Southern California's technology ecosystem. Jaspar Weir: This isn't something we learned this year, but rather something we think people need to hear this year. What's your favorite technology gadget, device, or innovation you ran across this year?
LA-based Metropolis raises $41 million to upgrade parking infrastructure
TechCrunch LA
FEBRUARY 16, 2021
Metropolis is a new Los Angeles-based startup that’s looking to compete with BMW-owned ParkMobile for a slice of the automated parking lot management market. REEF Technology raises $700M from SoftBank and others to remake parking lots. In all, Metropolis has raised $60 million since it was formed back in 2017.
GumGum Spins Out Dental Startup
socalTECH
APRIL 5, 2019
Santa Monica-based GumGum , which develops artificial intelligence and vision recognition software being applied to advertising analytics, said on Thursday that it is spinning out a new company, which will develop AI technologies for the dental industry. The name of the new dental startup was not announced.
App development shop V/One is giving away 50,000 free mobile app builds to budding LA mobile businesses
TechCrunch LA
APRIL 9, 2020
Under the terms of the development agreement, wannabe app creators get their application for free as long as they sign up for the monthly hosting service. Builds of the apps will be delivered around 60 days upon signing up,” said V One founder, Jeremy Redman. “I had an app idea but no real idea how to executive it.
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250 Ada-AI Seeks to Build a Diverse Artificial Intelligence Community
Xconomy
MARCH 26, 2018
Artificial intelligence innovation has become part of our everyday lives—retailers use it to tailor the product recommendations they make; biotech companies hope it can create customized medicine. Take, for example, facial recognition technologies that work best on white people and make the most errors on black people.
LA, and Southern California's Surge In Venture Capital Funds
socalTECH
JUNE 29, 2017
Investment interests: Consumer Internet, eCommerce, enterprise software, cloud computing, financial technology, advertising technology. Managing Directors: Jeff Stibel, Kobe Bryant Investment interests: Focus on the convergence of technology, media and data (TMD), as well as in industries such as sports and wellness. Section 32.
Bitvore Brings Latest Funding Round To $14.2M
socalTECH
FEBRUARY 2, 2018
Irvine-based Bitvore , the big data, artificial intelligence, and data analytics startup, has upped its latest funding round to $14.2M, as part of what appears to be an ongoing $17.75M funding effort. The company's President, Jeff Curie, was also an executive at Access360, IBM, and SupplyFrame.
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