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Amplify.LA Seeks To Raise $50M Fund, Amplify.LA Capital V

socalTECH

Venice, California-based Amplify.LA, the startup incubator and investor led by Paul Bricault and Oded Noy, has launched an effort to raise $50M in a new venture capital investment fund, Amplify.LA has made investments in such companies as A.Frame, Caroo, ProGuides, FloQast, ZenBusiness, Clutter, and many others. Amplify.LA

Capital 100
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Riot Ventures Looks To Raise Second Venture Capital Fund, Worth $75M

socalTECH

Venice, California-based Riot Ventures , led by Stephan Marcus and William Coffield, has launched an effort to raise $75M for its second venture capital fund, the firm disclosed this week in a regulatory filing. READ MORE>>.

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Private tech companies mobilize to address shortages for medical supplies, masks and sanitizer

TechCrunch LA

While some of the largest privately held technology companies, like SpaceX and Tesla , have shifted to manufacturing ventilators, smaller companies are also trying to pitch in and relieve scarcity locally. 3D-printing companies are working on new ways to manufacture personal protective equipment and swabs for COVID-19 testing.

Company 281
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Bombd Sets Up Shop In Venice, Aims At Social Networking

socalTECH

Bombd , a startup which develops a social networking and messaging app revolving around sharing instant photos with others, has set up shop in Venice Beach. The startup--originally started in Australia--said its team and founders have moved to Venice Beach to scale the app in the U.S., and that it has begun hiring a team here.

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Amplify Adds Two New Companies To Portfolio

socalTECH

Venice, California-based Amplify LA , the startup investor which got its start as one of LA's first startup accelerators, said this week that it has added two new companies-- Kulagy and Tapcart --as part of its portfolio of companies. Financial details of any investment in the two startups were not announced. READ MORE>>.

Company 147
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The Bouqs Company Picks Up $24M For Flower Delivery

socalTECH

Venice Beach-based The Bouqs Company , the online floral delivery startup led by John Tabis, announced this morning that it has raised $24M in a Series C funding, bringing its total raised to a little over $43M. Mark Menell of Partech Ventures joins the company's board as part of the funding.

Company 100
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The Bouqs Company Finds $12M For Flower Delivery

socalTECH

Venice, California-based The Bouqs Company , the direct, cut-to-order flower delivery provider led by John Tabis, is announcing today that it has raised $12M in a Series B funding. The funding brings the company's total raised to $20M. according to CEO Tabis.

Company 100