Portfolium Raises $900,000 In Seed Funding

socalTECH

San Diego-based Portfolium , a startup developing an online platform to share a students'' academic portfolio, has raised $900,000 in a seed funding, according to startup incubator EvoNexus. The funding came from the Tech Coast Angels, Taner Halicioglu of Keshif Ventures, and others. Portfolium is based in EvoNexus, which said this newest funding brings the total raised by its startups to $573M.

AmplifyLA: Dramatic Drop In Seed Funding In LA In Q1

socalTECH

reports that seed funding in Q1 of 2017 dropped precipitously, falling 42.2 According to AmplifyLA , the number of seed deals dropped to 27 in the quarter, down from 32 from Q4, and--making a grim quarter even worse--the average seed size declined to only $1.9M AmplifyLA said it will be reporting quarterly on seed deals, a change from the annual reporting it did in 2016. amplifyla seed funding venture capital investment angel accelerator incubator

Next 10 Ventures is launching an incubator for YouTube personalities

TechCrunch LA

Los Angeles-based Next 10 Ventures , a $50 million fund focused on the creator economy, is launching an incubator program to support YouTubers. Former YouTube exec unveils Next 10 Ventures, a $50M fund to back online creators.

TYLT Labs' New Seed Fund And The Promise Of Silicon Beach

socalTECH

There seems to a perpetual shortage of local venture capital investors in the region, despite the huge growth in startup activity here, particularly along Silicon Beach. Our investments tend to be more seed to A round investments.

PureSpectrum Gets $1.6M

socalTECH

in a funding round, according to the company. The funding came from multiple, un-named strategic partners. PureSpectrum is part of the Hub101 startup incubator space in Westlake Village, which is part of the Cal Lutheran University Center for Entrepreneurship. purespectrum online marketplace survey panel venture capital hub101 market seed funding

Qualcomm Labs Unveils First Incubator Companies

socalTECH

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. Qualcomm Labs said that Arynga , FatSkunk , and Breadcrumbs all have joined the EvoNexus incubator, and with Arynga and FatSkunk receiving $250,000 each from Qualcomm, and Breadcrumbs receiving $50,000.

MANTA Instruments Finds Funding For Scientific Instruments

socalTECH

La Jollla-based MANTA Instruments , a developer of technology for characterizing nanoparticles, has raised a round of seed funding, from Triton Technology Fund. Size of the funding was not announced. Triton announced the funding this morning, and said MANTA will use the funding to accelerate commercialization of its scientific instruments. The company is part of the EvoNexus startup incubator, and is led by Rick Cooper.

It’s Morning in Venture Capital

Both Sides of the Table

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.

Vadio Gets Backing From Mucker Capital, Amplify, Others In $2M Funding

socalTECH

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. vadio music video streaming technology advertising venture capital investment vevo amplify muckerlab incubator

This Week in Venture Capital – Episode 4

Both Sides of the Table

Rustic Canyon is an LA-based, but geography-agnostic VC that is currently investing from a $200 million fund. They were originally founded inside of Times Mirror and had a huge string of major investment success before spinning out as a fully independent fund.

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

socalTECH

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.

Pray.com Finds $14M For Social Networking For Religious Communities

socalTECH

Westlake Village-based Pray.com , which develops social networking applications for religious communities, has raised $14M in a Series A funding, the company said this week. The funding was led by TPG Growth, and also included Science Inc. The startup, led by CEO Steve Gatena, has been based at California Lutheran University's Hub101 Incubator, and received a stealth seed funding round last year from Science and Greylock, which had not previously been announced.

Atlazo Finds $3.4M For Healthcare IoT Technology

socalTECH

in a seed funding round. The funding round was led by the Tech Coast Angels, and the TCA's San Diego chapter. Atlazo is led by founder and CEO Dr. Karim Arabi; the company was part of EvoNexus, the startup incubator that operates in both San Diego and Orange County. atlazo venture capital healthcare internet things investment techcoastangels angel semiconductor hardware electronics

Workast Finds $1.85M For Task Tracking Tools For Slack

socalTECH

Santa Monica-based Workast , a developer of applications that run on the popular Slack chat platform, has raised $1.85M in a seed funding, the company disclosed this week. The funding was led by Greycroft Partners, and also included Spider Capital, Mucker Capital, and Dream Incubator. software management task capital venture mobile slack workast

Curious Minds Backs Ringadoc

socalTECH

Los Angeles-based technology incubator Curious Minds is one of the firms backing Ringadoc , a new startup which offers up medical consultations via phone or computer. According to Ringadoc, it raised $750,000 in a seed funding round, led by FF Angel, and which also included Ryan Howard of Practice Fusion, and Los Angeles technology incubator Curious Minds. consultation medical ringadoc capital venture incubator technology curiousminds minds curious

Postie Raises $3.5M To Apply Machine Learning To Direct Mail

socalTECH

in a seed funding. The funding was led by Bonfire Ventures and Crosscut Ventures. The startup was started by Dave Fink (CEO and co-founder of Postie) and Jonathan Neddenriep (CTO and co-founder), who both previously were at startup studio and incubator Science Inc., marketing testing bonfire capital venture scienceinc fink dave mailer mail direct learning machine postie

Siemer Ventures Backs Japanese Mobile Video Firm

socalTECH

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.,

Mobile 237

WittleBee Raises $2.5M For Children's Clothing Subscriptions

socalTECH

in a seed funding round. As part of the funding, Jim Andelman at Rincon joins the company's board. the business incubator/studio headed by former MySpace CEO Michael Jones. wittlebee sean pervical scienceinc science incubator ecommerce subscription venture capital fundingLos Angeles-based WittleBee , the children's clothing site headed by Sean Percival, announced Wednesday afternoon that it has raised $2.5M

Elementary Robotics raises cash to expand in Los Angeles’ growing robotics hub

TechCrunch LA

million in seed funding to begin building a manufacturing facility and expand its presence in Los Angeles as the city continues to grow as a hub for robotics and automation. . ” Recent Funding Robotics Startups TC Elementary Robotics Los Angeles

Orbitera Gets $2M For Cloud Billing, Sales

socalTECH

West Hollywood-based Orbitera , a developer of a cloud-based software product to help companies the sales of cloud-based software and services, including managing leads, trial subscriptions, billing, and operations, has raised $2M in a seed funding round. The company disclosed the funding Thursday. The funding came from Resolute Ventures. orbitera cloud billing sales software venture capital subscription trial saas boxador

Sales 130

Amplify LA's Paul Bricault On Startup Accelerator Lessons, Five Years Later

socalTECH

Venice-based Amplify LA (www.amplify.la) is celebrating its fifth anniversary as a startup accelerator here in the Los Angeles area � one of the few in the area to have survived in more or less original form after the launch of a number of startup incubators and accelerators five years ago. Those are historically areas that were not known to be associated with Los Angeles, but they were able to garner more attention and funding, and become a bigger part of Amplify than we thought.

Venice 186

HelloTech Finds $2.5M For Tech Support

socalTECH

in a seed funding round, to bring remote, technology support to consumers. The startup, led by Richard Wolpert, scored the funding from Upfront Ventures, Accel Partners, Crosscut Ventures, Amplify.LA, Ron Burkle, and others. The startup was incubated from within Amplify.LA. hellotech hello technology tech support venture capital amplifyla amplify.la Los Angeles-based HelloTech said this week that it has raised $2.5M

Alternative Accelerators and Start-Up Resources

SoCal Tech Calendar

Today, start-ups have more choices for accessing business resources and seed funding than ever. This is especially true for first-time and early-stage entrepreneurs not yet ready to pursue venture capital or who lack certain critical capabilities. To meet these needs are emergent alternative accelerators, incubators and preccelerator models. Thursday, June 30, 2016 -- Alternative Accelerators and Start-Up Resources.

Alternative Accelerators and Start-Up Resources

SoCal Tech Calendar

Today, start-ups have more choices for accessing business resources and seed funding than ever. This is especially true for first-time and early-stage entrepreneurs not yet ready to pursue venture capital or who lack certain critical capabilities. To meet these needs are emergent alternative accelerators, incubators and preccelerator models. Thursday, June 23, 2016 -- Alternative Accelerators and Start-Up Resources.

K5 Brings yCombinator Model Accelerator To Orange and San Diego County

Tech Zulu Event

K5 aims to create a network of support and mentorship along with access to capital where people can build on creative ideas with the help of successful business people, and connect with investors to get their concepts off the ground. Exciting times in the Southern California tech community.

Interview with Erik Rannala, MuckerLab

socalTECH

Accelerator programs--like YCombinator in Silicon Valley, and TechStars in Colorado--have come to the forefront of the minds of entrepreneurs as a way to boost their ideas quickly into the market, find funding, and into existence.

Mentor 195

K5 Brings yCombinator Model Accelerator To Orange and San Diego County

Tech Zulu Event

K5 aims to create a network of support and mentorship along with access to capital where people can build on creative ideas with the help of successful business people, and connect with investors to get their concepts off the ground. Exciting times in the Southern California tech community.

Attention Startup Accelerators: Your Job Is Not Over After Demo Day

InfoChachkie

With top-ranked accelerators Lauchpad LA closing its doors and Y Combinator rebranding itself as a seed fund, it seems fair to ask the question, “Are Accelerators Dead?”. A version of this article previously appeared in Forbes.

LAMP 211

This Philanthropist Is Winning Skirmishes With Poverty By Tapping Into An Inner City’s Entrepreneurial Spirit

InfoChachkie

ABC has even created an incubator-style program in which startup non-profits compete for $100,000 in seed funding. We have a rigorous screening process, and we only fund the very best programs that are able to quantify their impact.

Keep It Down Up There | The Canadian Tech Scene in Toronto

Tech Zulu Event

Available seed funding, check; another one down for the startup ecosystem checklist. Although, unlike Rocktr, Perez was on the prowl to raise a real seed round and was finding the Toronto venture capital scene a bit stale.

What Future for Accelerators?

Both Sides of the Table

I had witnessed a number of early-stage tech startups in LA raise seed capital from the Bay Area and relocate. and I thought if we brought the community together for common purpose we could create more of a sense of community to help new entrepreneurs get funded, assemble teams, raise profiles and help with biz dev, product, etc. Companies were getting funded more easily and many more companies were actually being created. We announced Fund I in 2011.

Keep It Down Up There | The Canadian Tech Scene in Toronto

Tech Zulu Event

Available seed funding, check; another one down for the startup ecosystem checklist. Although, unlike Rocketr, Perez is on the prowl to raise a non-government funded seed round. We haven’t actually sought funding prior to now,” says Perez.

Frank Addantes FounderBlog: Startup 5.0 – I’m just going to chill out for a bit… (OK, for a month…)

Frank Addante

► August (3) Venture Capital - What's the rush? StrongMail Systems (Digital Messsaging Infrastructure Software) Status: VC-backed (Sequoia Capital, Globespan and Evercore) Lesson: Trust your gut. Incubation 3. Venture Capital Funding 7.

US Economic Risks (Sept 2010): Impact on Investors & Entrepreneurs

Both Sides of the Table

So I agreed to offer my current thinking on the economy and what it portends for the VC industry & fund raising for entrepreneurs. While not 1999 all over again but I am observing first-hand the signs of funding frenzy.

BloomNation's Goal To Empower Your Local Florist, And Improve Flower Delivery

socalTECH

The startup--which is part of MuckerLab--landed a seed funding round last week, so we thought we''d catch up with founder and CEO Farbod Shoraka to dig deeper into the company''s goals and service.