Casa Verde Capital Raises $45M Investment Fund

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West Hollywood-based Casa Verde Capital said this week that it has raised $45M in its debut, investment fund, which will specifically invest in the "ancillary cannabis" industry. The venture capital firm--whose founders include Calvin Broadus (aka Snoop Dogg)--said it will specifically invest in agtech, health & wellness, financial services, technology, media, compliance and laboratory technology related to the legal cannabis industry.

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Science Inc. Eyes New Venture Capital Fund

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founded by Michael Jones, Peter Pham, Gregory Gilman, and Tom Dare, appears to be launching efforts to raise a new fund. The firm already has an existing venture capital fund which invests in its portfolio companies. science venture capital investment startup incubator acceleratorSanta Monica-based startup studio Science Inc.

Reveal Biosciences Finds Funding From Intel Capital

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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. The details on the funding came as part of an announcement by Intel Capital of its investments in 14 startups, worth a total of $117M.

Changes in the Venture Capital Funding Environment

Both Sides of the Table

The funding environment for tech startups is an ever shifting ground as we go through predictable shifts that go hand-in-hand with the slowing of the overall market. There was an explosion in number of startups both because it was cheap and there was tons of available capital.

Venture Capital is About Human Capital

Both Sides of the Table

Most VCs did well academically and had enough career success that a venture firm was willing to give them an investment role or they were able to raise their own fund. Fundamentally venture capital is about human capital. Venture Capital is a people business.

Led by LA-based March Capital, Astound raises $15.5 million for employee help desk automation services

TechCrunch LA

million from investors led by the Los Angeles investment firm March Capital Partners. Previous investors Vertex Ventures, Pelion Venture Partners, Moment Ventures and the Slack Fund also participated in the funding, which brings Astound’s total capital raised to $27 million.

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FactoryFour Raises $5M in Venture Capital Funding

L.A. Business Journal

Manufacturing software maker FactoryFour, which recently opened a new Culver City office, received a $5 million round of funding led by Menlo Park, Calif.-based based venture capital firm August Capital, with participation from Refactor Capital

Core Innovation Capital Announces $100M In Second Venture Capital Fund

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Los Angeles-based fintech investor Core Innovation Capital announced this morning that it has closed its second fund, which is at $100M so far. As part of the funding, the company said it has just made an investment in Fundera, a New York company which provides a service to help small business owners shop and compare personalized credit recommendations. Core Innovation Capital says it has also invested in a couple of yet-unannounced companies, which are in stealth mode.

March Capital Partners Raises Second Fund, Worth $300M

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Santa Monica-based venture investor March Capital Partners said on Thursday afternoon that it has raised a second fund, worth $300M. According to March, its new Fund II includes both existing and new investors. The fund is larger than the firm's first fund, which was worth $240M. March Capital said it is looking to invest in AI in the enterprise, industrial IoT and infrastructure, next-gen consumer technologies, and growth in India, plus in esports and gaming.

Why Was Winter in Venture Capital Funding so Short?

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It was only a year ago that many in the Venture Capital industry were predicting that “winter was coming” and to be fair the author of this post was chief amongst them. So if funding from VCs slowed, valuations dropped and burn rates were slashed, WTF happened to winter again?

Core Innovation Capital Plans $100M, Third Fund For Fintech Investments

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Los Angeles-based fintech venture capital investor Core Innovation Capital is out looking for new investors in its third fund, with a target of $100M, according to regulatory filing by the firm on Friday. The fund--managed by Arjan Schutte and Kathleen Utecht--invests in financial technology companies, and counts such portfolio companise as Fair , Honest Dollar (acquired), CoverHound , Mirador (acquired), Nerdwallet , Ripple , Tio (acquired), and many others.

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Fika Ventures raises $76M to fund the growing LA tech ecosystem

TechCrunch LA

The Los Angeles ecosystem is $76 million stronger today as Fika Ventures , a seed-stage venture capital firm, announces its sophomore investment fund. “It’s still really underserved from a capital standpoint,” Zhuo said of the LA region.

Moonshots Capital Announced First Seed Stage Fund

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Los Angeles-based Moonshots Capital , the venture capital investment firm led by Kelly Perdew and Craig Cummings, has raised its first official fund, a $19M seed stage venture fund. The firm--which has been making investments even before raising the official fund, announced today--has already made four investments out of the new fund. Moonshots said the new fund will focus on seed stage deals, holding reserve capital for follow-on pro rata.

Going long on LA, India, AI and tech infrastructure March Capital raises $300 million

TechCrunch LA

March Capital Partners , the Los Angeles-based venture capital firm, has raised $300 million for its latest fund.

MTech Capital Raises $75M Insurance Technology Fund

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Los Angeles- and London-based MTech Capital , a brand new venture capital fund focused on the insurance technology, or "InsureTech" market, says it has raised a new, $75M venture capital fund. According to MTech Capital, the new fund has three anchor investors, including CNA Financial Corporation, NN Group, and a top-3 global insurance company. mtech capital insurance technology insuretech investment fintech venture fund finance

Illumina Ventures Raises $230M Venture Capital Fund

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Illumina Ventures , the early-stage venture capital investor which was founded by San Diego-based life sciences equipment maker Illumina , says it has raised $230M for its first fund. The venture capital investment fund said it is focused on genomics, and will invest in companies in the areas of life science research, clinical diagnostics, novel therapeutic platforms, and other technologies impacting human health.

eTailPet Finds $800K Seed Funding

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Los Angeles-based eTailPet , a new startup which helps pet store owners create online e-commerce sites, has received a round of seed funding, the company said this week. The seed funding was worth $800K, and led by Moonshots Capital, and also included individual angels from the pet industry. According to eTailPet, the funding will go to accelerate its business. moonshot ecommerce petstore funding seed capital venture etailpet

Interview With Jamie Montgomery, March Capital Partners On The Firm's New Fund

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Santa Monica-based venture investor March Capital Partners (www.marchcp.com) announced last week that it has raised a second fund, worth $300M. To learn about the new fund, we sat down with Jamie Montgomery , one of the fund's co-founders, to hear about March Capital's strategy and the new fund. Tell us a little bit about the new fund? We started March Capital in late 2013. Fund II will also be similarly concentrated.

LA, and Southern California's Surge In Venture Capital Funds

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We've summarized the funds that have announced new funds in the last nine months or so, or that are in the midst of raising funds--a total of more than $1086 million in total funds. List ordered by fund size). Fund size: $230M fund. Fund size: $40M.

March Capital Partners Launches $240M Venture Fund

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Santa Monica-based March Capital Partners , the venture capital investment firm founded by venture investment veterans Jim Armstrong, Sumant Mandal, Gregory Milken and Jamie Montgomery, said this morning that it has had a final close on its first fund, at $240M. Armstrong and Mandal previously led Clearstone Venture Partners and idealab Capital Partners, Montgomery was the founder and CEO of Montgomery & Co., march capital partners venture investment fund

Embark Ventures Raising $50M Venture Capital Fund

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Los Angeles-based Embark Ventures , a new venture capital fund led by Yipeng Zhao and venture capitalist Peter Lee, is raising a $50M venture capital fund, according to a recent SEC filing by the firm. The filing says the firm has so far raised $45M out of a $50M target in the fund, from six limited partners. The firm has yet to announce any details of its funding.

MK Capital Funds ReachForce

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Los Angeles- and Chicago-based venture capital firm MK Capital is the lead investor in Texas-based ReachForce , a provider of data quality software for marketers. According to ReachForce, MK Capital led a $4.6M MK Capital has its Los Angeles offices in Santa Monica.

Kobe Bryant Launches $100M Venture Capital Fund

L.A. Business Journal

Kobe Bryant has launched a $100 million venture capital fund

SmartAction Finds Funding From Staley, TVC Capital

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El Seguno-based SmartAction , which is developing artificial intelligence-driven, call center automation software, said today that it has raised funding in a management recapitalization by private equity investors Staley Capital and TVC Capital. Staley Capital is based in Boston, and TVC Capital is based in San Diego. ORIX Growth Capital and Silicon Valley Bank provided debt financing to the company, with G-Bar Ventures also participating in the transaction.

eTailPet Finds Seed Funding

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Los Angeles-based eTailPet , a new startup which helps pet store owners create online e-commerce sites, has received a round of seed funding, the company said this week. Size of the funding was not announced. The funding was led by Moonshots Capital. etailpet venture capital seed funding petstore ecommerce moonshot

University of California Plans $250M Venture Capital Fund

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Startups related to the many University of California campuses in Southern California may soon have a new source of funding: The University of California itself, via a new, $250M venture capital. fund investment capital venture ucsb ucla investor regent ucsd kitepharma finance

Shamrock Capital Backs Pixellot In $30M Funding

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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. The funding was led by Shamrock, and also included other, existing, un-named investors. Pixellot has now raised more than $40M in funding. shamrock capital pixellot venture artificial intelligence sports video editing automated

Bonfire Ventures Launches $60M Venture Capital Fund

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Los Angeles-based Bonfire Ventures said this morning that it has officially launched with its first fund, a new $60M fund aimed at early stage startups. The fund was founded by longtime Southern California technology investors Jim Andelman and Mark Mullen, who are joined by Leah Volger, formerly of Google and Santander InnoVentures. investor volger leah mullen mark andelman investment capital venture ventures bonfire

Razer Plans Venture Capital Fund

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Irvine-based videogame accessory and hardware maker Razer is planning on launching a new, corporate venture capital fund, starting next year, according to a report. razer venture capital videogame accessory hardware corporate investmentRazer, which is led by Min-Liang Tan, reportedly plans to invest in companies, which it plans to incubate and help with its international business. Razer has its U.S.

Core Innovation Capital Backs Mosaic's $220M Funding

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Los Angeles-based fintech investor Core Innovation Capital is one of the backers in a big, $220M equity funding for solar power financing provider Mosaic. Mosaic, which works with both owners and installers to help provide the upfront capital for residential solar installs, said the $220M equity round was led by Warburg Pincus, and also included Core Innovation Capital and Obvious Ventures.

Toba Capital Backs Grow.com In $16M In Funding

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Toba Capital , the venture fund run by former Quest Software founder Vinny Smith, has backed reporting and analytics dashboard software developer Grow.com in a $16M Series B funding round. The funding also included Peterson Ventures, Pelion Venture Partners, Kickstart Seed Fund, and HubSpot. Toba Capital also led Grow.com's SEries A funding. Toba Capital is based in Orange County.

TVC Capital Raises $115M Software Fund

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San Diego-based TVC Capital , the software-focused, growth equity investment firm founded by Jeb Spencer and Steve Hamerslag has raised a big, $115M software fund, the company said Wednesday. The fund said that TVC Capital III was oversubscribed, and closed in only 90 days. TVC said that the investors included fund of funds managers and a university endowment. capital venture investment fund limited partner partners funds software growth private equity

A Chat With Kelly Perdew: Moonshots Capital And Its First Dedicated Fund

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This morning, Moonshots Capital (www.moonshotscapital.com), led by Kelly Perdew and Craig Cummings , announced its first formal fund, a $19M seed stage fund. We sat down with Kelly ahead of the announcement to chat about the new fund, why they think military veterans are particularly well suited as startup entrepreneurs, why the two went from organizing individual deals for funding to a formal fund, and more. So you mention your thesis as a fund.

March Capital Backs SpyCloud In $5M Funding

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Santa Monica-based venture investor March Capital Partners has led additional funding in SpyCloud , a company developing software to prevent account takeovers by cybercriminals, has raised $5M in a Series A funding round. SpyCloud announced this morning that it raised the new funding from Silverton Partners and March Capital Partners, both existing investors in the startup. employee capital venture security cybersecurity cybercriminal march spycloud

Women's Venture Capital Fund Boosts Advisory Board

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Women''s Venture Capital Fund , a venture capital investment fund focused on investing in what it calls "gender diverse" teams, said today that it has added a Harvard Business School professor to its advisory board. The fund said it added Professor Janice H.