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Stem Snags $8M For Creative Payments Platform

socalTECH

Los Angeles-based Stem , which is developing a platform to simplify payments for musicians and other content creators, announced Wednesday morning that it has raised $8M in a Series A funding. Stem says it has created a financial platform that unifies and manages contracts, distribution, payments and data for artists and creators.

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Brainbase Gets Win With Nissan

socalTECH

Los Angeles-based Brainbase, which develops software to help licensing teams manage partnerships and contracts, said it has inked a deal with Nissan Motor Corporation. According to Brianbase, Nissan will unify its global licensing operations on Brainbase's platform. Financial details of the win were not announced.

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Sagewise pitches a service to verify claims and arbitrate disputes over blockchain transactions

TechCrunch LA

Sometimes smart contracts can be pretty dumb. Hoping to beat back the tide of bad contracts, bad code and bad actors, Sagewise , a new Los Angeles-based startup has raised $1.25 million to bring to market a service that basically hits pause on the execution of a contract so it can be arbitrated in the event that something goes wrong.

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Manufacturing startup Divergent 3D reduces staff by one-third

TechCrunch LA

The company, which employed about 160 people, laid off 57 workers, according to documents filed with the California Employment Development Department. The platform is an end-to-end digital production system that uses high-speed 3D printers to make complex parts out of metal alloys. The company’s No.

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7 Grants For Black-Owned Businesses to Apply For in 2024

Tech.Co

Department of Commerce Minority Business Development Agency (MBDA Galaxy Grants Community Development Financial Institutions Fund 🔎 Want to browse the web privately? The program aims to provide minority business enterprises (MBEs) with capital, business contracts, and market opportunities in the US and overseas.

Design 225
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Understanding Changes in the Software & Venture Capital Industries

Both Sides of the Table

In this three-part series I will explore the ways that the Venture Capital industry has changed over the past 5 years that I would argue are a direct result of changes in the software industry, not the other way around. So it’s unsurprising that typical “A rounds&# of venture capital were $5-10 million.

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ChargerHelp raises $2.75M to keep EV chargers working

TechCrunch LA

million from investors Trucks VC, Kapor Capital, JFF, Energy Impact Partners and The Fund. The funds will be used to build out its platform, hire beyond its 27-person workforce and expand its service area. ChargerHelp takes a workforce-development approach to finding employees. The company said it has raised $2.75

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