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Santa Monica's Science Inc. Backs Electric Motor Startup In $4.5M Funding

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Santa Monica-based Science Inc. , and Kindred Ventures, and also included Chris and Crystal Sacca, Saltwater Ventures and others. the startup studio led by former MySpace CEO Michael Jones and startup veteran Peter Pham, is the lead investor in electric motor startup Linear Labs.

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Tapcart Takes $50M For Mobile Commerce

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Santa Monica-based Tapcart, a startup focused on helping Shopify-powered e-commerce brands with mobile apps, has raised $50M in a Series B funding round, the company announed Monday afternoon. Image: Tapcart founders Sina Mobasser and Eric Netsch, courtesy Tapcart).

Commerce 113
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Seriously Adds $5M For Mobile Games Effort

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Santa Monica- and Helsinki-based Seriously , a developer of mobile games, has raised $5M in additional funding, according to the company. The funding came from Upfront Ventures, Sunstone Capital, and Daher Capital. seriously venture capital mobile game helsinki best fiends upfront'

Mobile 157
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Mobile Majority Raises $8M For Mobile Ads

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Santa Monica-based Mobile Majority , which offers up premium, mobile brand advertising, said this week that it has raised $8M in a Series B funding round. Mobile Majority is led by Rob Emrich. The company says that it is looking to address the "inherent fraud" present in the current mobile ad market.

Mobile 153
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Siemer Ventures Backs Japanese Mobile Video Firm

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Santa Monica-based venture capital investor Siemer Ventures is one of the backers of a new, Japanese mobile video entertainment startup, Breaker. According to Breaker, it has raised $2M in a seed funding round, to help bolster its efforts to produce and distribute mobile video entertainment in Japan.

Mobile 224
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UP.Partners Raises $230M Transportation Venture Fund

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A new, Santa Monica-based venture fund, UP.Partners, said on Monday afternoon that it has raised a $230M, early stage venture capital fund focused on transportation and logistics.

Funding 113
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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.

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