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Venice, California-based startup incubator Amplify LA , the startup accelerator headed by Paul Bricault and Richard Wolpert, disclosed today that it has raised $8M in a second investment fund for its companies. The funding came from such companies as Accel, Greycroft, Siemer Ventures, Karlin Ventures, Deep Fork Capital, and others.
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? How did the incubator come about?
Los Angeles-based technology investor Siemer Ventures has funded an investment firm in Southeast Asia, which is looking to invest in and create e-commerce and digital media companies in the Southeast Asia region. siemer ventures venture capitalincubator accelerator hong kong southeast asia asian' READ MORE>>.
Frost Data Capital , the startup incubator firm led by Stuart Frost, has tied with GE to launch a new, startup incubator aimed at industrial Internet startups, the two said Wednesday. The incubator said it is aiming to create and grow up to 30 new startups over the next three years. READ MORE>>.
Many observers of the venture capital industry have questioned whether its best days are behind it. Looking ahead at the next decade I am excited by what I believe will be viewed as one of the best and most rational investment periods for venture capital due to seven discrete factors: 1. This article originally ran on PEHub.
The incubator effort looking to make Los Angeles a key part of the clean technology industry, the Los Angeles Cleantech Incubator (LACI) , announced this morning that it has received a $200,000 grant from the JPMorgan Chase Foundation, to help advance its program--and may even start its own investment fund. READ MORE>>.
Qualcomm Labs , the incubator subsidiary of Qualcomm Technologies , has announced the first set of companies funded through its new QualcommLabs@EvoNexus program today, saying that it has funded three companies with a round of seed funding.
If the Los Angeles accelerator/incubator market is not yet crowded enough, Hollywood-based io/LA opened its doors over the weekend, looking to recruit a class of five to six companies in a three month mentorship program. Io/LA is an offshoot of an incubator in San Francisco. READ MORE>>.
A new, startup incubator-created by the Art Center College of Design and the California Insitute of Technology --said this morning that it has launched a brand new, design-focused incubator, housed at Idealab. The new incubator is headed by Mark Breitenberg and Erik Hovanec. READ MORE>>.
EvoNexus , the San Diego-based startup incubator, has opened up application for its next program, with a deadline of January 23rd. CommNexus, which is led by Rory Moore, said that it has admitted 39 companies since 2009 to the incubator, with five new companies admitted to the last cycle of the program. READ MORE>>.
The good news for entrepreneurs is that there have never been more office space options for early stage companies. Significant confusion exists when distinguishing between Accelerators and Incubators. We are actually giving the companies money, rather than taking money from them.
DatAllegro was one of the first companies in what is now the "big data" industry, and helped to pioneer the entire segment. Now, Frost has set up shop buildling out a whole series of companies in the industry, and we caught up with him to learn more about the companies (Predixion Software, Cirro, Lineage, Kumo, etc.)
San Diego-based DNA sequencing giant Illumina, and venture capital investor Sequoia Capital via its Sequoia Capital China arm--said they are partnering to launch a new, genomics incubator based in China. The two did not say how much they are investing in the Chinese incubator.
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.
March Capital Partners , the Los Angeles-based venture capital firm, has raised $300 million for its latest fund. ” Those two themes are borne out in the support March Capital has provided for The Hive , an artificial intelligence-focused incubator, and The Fabric , an infrastructure and internet of things-focused incubator.
Other players such as Obopay have set out to focus on mobile person-to-person cash transfers, mFoundry (a GRP portfolio company) has focused on mobile banking and a mobile wallet and one of my favorite companies m-via is focusing on mobile remittances (right now between the US and Mexico). Wildfire Interactive.
More and more entrepreneurs are hearing about the successful graduates and investors queued behind a few well-known startup incubators, including Y Combinator, TechStars, and the Founder Institute. According to the National Business Incubator Association (NBIA) , there are currently over 1,200 members in 30 nations. Initial funding.
For the last few years, startup accelerator MuckerLab has been helping very early stage companies define and grow their businesses, using the accelerator model and small investments to get companies to the next stage. Talk about the shift from MuckerLab to Mucker Capital? I hadn''t worked or lived in LA, in the ecosystem.
In a move which adds some additional capital to the Los Angeles clean technology market, utility company Southern California Gas Company said Thursday that it has created a new, $1M innovation fund to help companies develop clean technology. socalgas company utility investment fund cleantech incubator accelerator laci'
There''s been a lot of activity over the past two years in the Southern California accelerator/incubator market, with numerous groups (Amplify, EvoNexus, K5, LaunchpadLA, MediaCamp, Science, StartEngine, and many, many others) looking to help entrepreneurs start and fund their companies. companies in the last year. Our analysis.
Carlsbad-based Foundry Medical Innovations said today that it has launched a new, medical and diagnostic device incubator in San Diego County, which it says provides a shared workspace, access to technical engineering talent, business and marketing plan support, and connections to the venture capital community. READ MORE>>.
The United Talent Agency is ramping up its outreach to early stage, digital media companies, with a new hire from the Los Angeles technology industry. Ward is a startup veteran, having been involved in such local companies as DocStoc, Betterworks, and GLossi. READ MORE>>.
The startup studio--which both incubates its own companies as well as works with startup founders to help accelerate their efforts--has backed such companies as Dollar Shave Club , DogVacay , FameBit , EventUp , August Home , Hello Society , Playhaven , and Superfly Labs. Santa Monica-based startup studio Science Inc.
Santa Monica-based venture capital investor Siemer Ventures is one of the backers of a new, Japanese mobile video entertainment startup, Breaker. The funding was led by Dram Incubator, Inc., The funding was led by Dram Incubator, Inc., and also included Siemer Ventures and other investors. READ MORE>>.
On Thursday, the City of Ventura is formally launching a new incubator, the Ventura Ventures Technology Center (www.v2tc.com), targeted at high tech businesses. The incubator so far includes startups Lottay , Geodelic , and a number of other Internet and other technology firms. Tell us about the incubator--how long as it been around?
Further to the south are the legendary companies of Cisco, Apple, Intel, eBay, Yahoo!, Back in 2006/07 when I sold my company and then worked at Salesforce.com there were very few options in SF for technology folk to build their careers at big, growing companies. Many “tech companies” now have green screens.
Last week, Santa Monica-based Tecca (www.tecca.com) launched a consumer electronics, consumer information service, backed by Fuse Capital and Best Buy. We caught up with Mickie Rosen , the firm's CEO, about the company, its links to Best Buy, and how it was incubated out of Fuse Capital.
A couple of weeks ago, twelve companies moved into the new downtown San Diego, EvoNexus incubator--which is run by CommNexus. Kevin Hell: What makes EvoNexus unique, is that it is--as far as we know--the only completely free, no-strings-attached incubator in the nation. That's through the generosity of the Irvine Company.
We have significant VC commitments (listed below) – every entering company will get $50,000 in funding, mentorship from top VCs and successful entrepreneurs plus free office space. For any company interested in applying please visit the website. To show these companies that they can remain in LA. For the past 2.5
Vadio , the developer of a platform which helps match music videos and ads with streaming music , said Thursday that it has raised $2M in a seed funding round, which included Mucker Capital, Amplify.LA, as well as other LA investors. READ MORE>>.
Los Angeles-based Be Great Partners , one of the many startup incubators and accelerators now populating Los Angeles, said Tuesday that it has launched a new, $6M investment fund, which it intends to spread across 250 promising startups. The startup accelerator/incubator is headed by Lin Miao. READ MORE>>.
San Diego-based nonprofit EvoNexus has launched a new class of companies to its startup incubator, the group said on Tuesday, for both its San Diego and Irvine locations. According to EvoNexus, it has added 16 new companies to its portfolio of startups, split between both locations. READ MORE>>.
There's been a surge in startup accelerator activity in Los Angeles in the last year, as interest in starting a company in the region has grown, and a wide range of experienced entrepreneurs and investors have pitched in to help companies get to the next level. in companies associated with digital studio Science Inc.
. “There was an abandoned vehicle parked there and the station was surrounded by mud,” said Terry who is CEO and co-founded the company with Evette Ellis. The company said it has raised $2.75 million from investors Trucks VC, Kapor Capital, JFF, Energy Impact Partners and The Fund. Hiring approach.
A-Frame , a Los Angeles-based developer of personal care brands supported by celebrities, has raised $2 million in a new round of funding led by Initialized Capital. The company’s first product is a hand soap, Keeper. The company’s first product is a hand soap, Keeper. He’s with me at the holding company level.
the startup incubator headed by former MySpace CEO Mike Jones, is reportedly raising another $30M in funding to put towards its startups. According to a report this morning, the fund will also invest in non-Science incubated startups. science myspace scienceinc venture capital fund funding' Science, Inc. , READ MORE>>.
In just the last few weeks, at least five different incubation/acceleration efforts have booted up in the region. Specifically targeted at clean techonlogy firms, the group has more of a traditional incubator program, offering up office space for 6-8 companies, along with support, resources, and mentorship.
Two, Los Angeles area startup veterans-- David Carter and Allen Hurff --launched a new "venture studEio" Tuesday morning aimed at helping to create and incubate early stage startups. Zuma said its model offers up better capital efficiency, earlier exit, and lower capital requirements than venture capital. READ MORE>>.
BitAngels said it just invested $100,000 into BlueSeed , a firm incubating international companies in the Bitcoin area who specifically are not subject to regulation by the United States. in capital committed to invest in Bitcoin related companies. in capital committed to invest in Bitcoin related companies.
USC revealed this morning that it has created a new, startup accelerator on campus, the Viterbi Startup Garage , which will help students and alumni start technology companies in Los Angeles. The startup accelerator is behind headed by Ashish Soni.
The effort isn't the first time that USC has linked with a Silicon Valley venture capital firm; the campus also has the USC Stevens Institute for Innovation , which has been looking to help spin out and create innovation on campus, which was funded by Sequoia Capital's Mark Stevens, a USC alumnus. READ MORE>>.
s more unusual portfolio companies--organic juice cleanse maker Urban Remedy --has just raised $5M in a new funding, the company said today. urban remedy juice cleanse venture capital urbanremedy cindy crawford scienceinc incubator accelerator' One of Santa Monica-based startup accelerator and studio Science Inc. ''s
San Juan Capistrano-based Frost Data Capital , the investment and incubation effort led by Stuart Frost, has backed Maana , the developer of a big data search engine technology. Maana is based in Silicon Valley. Maana is based in Silicon Valley.
Red Cell Partners, a newly formed investment and incubationcompany targeting healthcare and defense technology, announced it has launched the firm out of Washington and Los Angeles. The company said it will look to invest in companies and technologies in the areas of health care and defense.
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