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Akatsuki Lauches $50M Entertainment Investment Fund

socalTECH

Japanese entertainment firm Akatsuki has launched a brand new, Los Angeles-based entertainment fund, called the Akatsuki Entertainment Technology Fund (AET Fund) , which will invest in augmented reality and other entertainment technology, the Japanese company announced on Tuesday. READ MORE>>.

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Maestro nets $15 million for its interactive commerce, community and engagement tools for livestreams

TechCrunch LA

As video commerce becomes the norm and entertainers, brands, businesses, and franchises of all sizes and stripes look to cut out the middle man, the array of services on offer from Maestro may be the scissors these entities need to cut the cord. .” Sales, Sony Music Entertainment, in a statement. .

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Qualcomm, Disney, UTA Back The VOID For VR Entertainment

socalTECH

Three, Southern California investors--Qualcomm Ventures, Disney, and the United Talent Agency--have backed the developer of a network of "experience centers" focused on virtual reality entertainment, as part of a newly disclosed Series A Funding.

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Saban Capital Opens Office In Singapore

socalTECH

Los Angeles-based media and communications investor Saban Capital Group announced Thursday that it has opened up an office in Singapore. Saban''s technology holdings include mobile games firm The Playforge and kid''s online site Zui. saban capital singapore media communications venture private equity hollywood content univision'

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PortalOne raises $60M as it levels up to launch its hybrid, immersive gaming platform later this year

TechCrunch LA

Gaming has been one of the most popular entertainment categories in the last two years of pandemic living. First of all, gaming, like other streamed entertainment, has been a lifesaver for many a consumer confined to staying at home during the pandemic.

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LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M

TechCrunch LA

Los Angeles was always more than a one-industry town, even when it comes to technology startups, as media and entertainment (and social networking) were always the big draws in Tinseltown. We’re thrilled to help lead the way for the broader tech community in Los Angeles.”

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Tyffon Raises $2.17M, Sets Up Location In LA

socalTECH

Santa Monica-babsed Tyffon , a developer of immersive entertainment technology started in Japan, said this morning that it has raised $2.17M in a funding round, to set up its first location in Los Angeles. The new funding round will go towards bringing its immersive entertainment experiences--which it calls "Tyffonium"--to the U.S.