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

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Greycroft Ventures. Fund size: $250M growth fund Los Angeles Partners: Dana Settle, Mark Terbeek, Dylan Pearce, Paul Bricault, Jon Goldman. Core Innovation Capital. Okapi Ventures. Moonshots Capital. greycroft.com. www.corevc.com. Fund size: $100M fund. moonshotscapital.com. so far in investments.

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Bonfire Ventures Launches New Venture Capital Firm

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A new, Los Angeles-based venture capital firm, Bonfire Ventures --founded by venture veterans Jim Andelman and Mark Mullen, and assisted by Leah Volger--has made its first public announcement of an investment, after stealthily making investments in the region over the last few months.

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MiLA Capital Raises First Venture Fund

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MiLA Capital , the venture capital firm that is behind the Make In LA hardware accelerator, says it has raised its first official venture capital fund, officially closing its first fundraise. Source of the funding for the new venture capital fund was not announced. Size of the fund was not announced.

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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. READ MORE>>.

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Papaya raises $50M to give you a way to pay bills via its mobile app

TechCrunch LA

Papaya is a Los Angeles-based startup with a mission to do just that. The company’s mobile application lets users take a photo of any bill and then its artificial intelligence-powered “bill-understanding technology” makes sure it gets paid (after a user has provided payment details, of course). In this respect, the U.S.

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Papaya Picks Up $50M For Mobile Payments

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Los Angeles-based Papaya, a fintech startup developing a mobile bill payment application, says it has raised $50M in a Series B funding. The funding was led by Bessemer Venture Partners, and also included Sequoia Capital, Acrew Capital, 01 Advisors, Mucker Capital, Fika Ventures, F-Prime, and Sound Ventures.

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Freeletics raises $45M for its AI-powered mobile fitness coach

TechCrunch LA

market with the help of several Los Angeles-based investors. Freeletics , headquartered in Munich, Germany, is today announcing its first round of private capital after bootstrapping since 2013. One of Europe’s most popular fitness applications is poised to flourish in the U.S. for one month or $74.99

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