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Casa Verde Capital Raises $45M Investment Fund

socalTECH

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 company's Managing Partner is Karan Wadhera. READ MORE>>.

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Capital Music Group Launches Music, Technology Innovation Center

socalTECH

Capital Music Group (CMG), which is a division of Universal Music Group (UMG), announced on Tuesday that it is launching a new "innovation center", which will be based in the music company's iconic tower in Hollywood.

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Closing on $103M, MaC VC is changing the face of venture capital

TechCrunch LA

The partners at MaC Venture Capital , the Los Angeles-based investment firm that has just closed on $103 million for its inaugural fund, have spent the bulk of their careers breaking barriers. MaC Venture Capital co-founders Marlon Nichols, Michael Palank, Charles King, and Adrian Fenty. Image Credit: MaC Venture Capital.

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Silicon Valley VC's New LPs: Hollywood?

socalTECH

Looking for some funding for your new Menlo Park venture capital fund? Apparently, according to Variety, that source is increasingly Hollywood , and its stars and executives. The article did not quantify how much Hollywood money is going to technology venture capital and private equity. Image courtesy of Bigstock.

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Report: Dominate Fund Retreats From Hollywood

socalTECH

An effort to raise an investment fund from Hollywood, to specifically invest in technology companies, looks to have pulled back its effort to court celebrities and actors, according to a report this week. DominateFund had launched last year in an effort to give celebrities and actors access to Silicon Valley technology startups.

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Core Innovation Capital Raises $71.5M for Financial Tech Investments

L.A. Business Journal

Core Innovation Capital of Hollywood, a financial services technology investor, has raised a second fund worth $71.5 million, according to a filing with the Securities and Exchange Commission.

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New Fund Targets Celebrities, Hollywood

socalTECH

It seems like combining Hollywood and venture capital is the rage in Silicon Valley this week, as news came Tuesday of a new, seed-stage venture capital fund--run by former Mashable blogger Ben Parr--looking to raise money from Hollywood celebrities for access to hot, Silicon Valley Startups. READ MORE>>.

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