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Aadi Bioscience Raises $23M

socalTECH

Pacific Palisades-based Aadi Bioscience , a biopharmaceuticals firm focused on diseases related to mTOR activation, said it has raised $23M in a Series A funding round. The round was led by Hermed Capital and also included Celgene Corporation, Vivo Capital, Decheng Capital, the Helsinn Investment Fund and Star Summit Ventures.

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Wavemaker Genesis Aims At Blockchain, Crypto Investments With New Fund

socalTECH

Pacific Palisades-based Wavemaker Genesis , a new, venture capital investment fund aimed at Blockchain and cryptocurrency investments, has quietly been making the round of limited partners, according to a regulatory filing by the fund.

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Los Angeles-based Frame launches mental health gateway for a pandemic-stricken generation

TechCrunch LA

Its co-founders, Kendall Bird and Sage Grazer, ran their first business in the Pacific Palisades neighborhood of Los Angeles years ago, selling out their entire inventory of lemonade to a captive audience of eager parents. And the Snap community has also rallied to back the company. ” . ”

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Interview with Gary Bishop, Network Automation

socalTECH

There have been a lot of entrepreneurs here in software and other industries, and interestingly enough there seem to be more self-funded, bootstrapped firms here, rather than those looking for venture capital to get off the group. It was started here in Pacific Palisades, at the end of Sunset and the PCH.

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Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

SoCal Delicious

Last summer, Cameron and Tyler Winklevoss—twins best known for suing Mark Zuckerberg over the origins of Facebook, and who recently formed a venture-capital firm—bought an 8,000-square-foot bachelor pad in the Hollywood Hills for $18 million. raise capital and move up north as soon as they got successful.