This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Burbank-based Shag Enterprises Inc, an artificial intelligence company that’s created a predictive platform for online ordering, announced on May 15 it raised $1.4 million in seed funding led by New York-based E&A Venture Capital.
The company closed on an $18 million Series B round of funding, led by Delta-v Capital, with participation from existing investors Accel, Telstra Ventures, Crosscut Ventures, Maverick Ventures and Second Avenue Partners.
I’ve heard a lot of people question whether there is too much money in venture capital chasing too few great deals. Others believe that new business models are emerging that could replace venture capital all together. We’re in a new tech bubble!” some have pronounced. Valuations are out of control” is the mantra of others.
Aclima , a San Francisco-based company which builds Internet-connected air quality sensors and runs a software platform to analyze the extracted intel, has closed a $24 million Series A to grow the business including by expanding its headcount and securing more fleet partnerships to build out the reach and depth of its pollution maps.
La Jolla-based Platform Science , a developer of fleet management software and technology, has raised $42M in a Series B funding, the company disclosed recently. The funding was led by Prologis, and also include Daimler Trucks AG, 8VC, NewRoad Capital Partners, Schematic Ventures, and Cambridge Capital. READ MORE>>.
San Diego-based Platform Science, which develops connected vehicle products, has raised $115M in a Series C funding. According to the company, the funding was led by SoftBank Vision Fund 2 and also included Chimera, plus existing investors 8VC, Daimler, Prologis, NextPlay, and Four More Capital.
San Diego-based connected vehicle platform developer Platform Science said it has scored a win with truckload carrier and brokerages services provider Paper Transport. Platform Science said Paper Transport's entire fleet will be covered by its technology. Financial details of the win were not announced.
. “ 2020 was a blowout year… People needed an interactive streaming platform that they could spin up quickly that they could launch on their website.” Since the launch of monetization tools in May of last year, Evans estimated that the platform has paid out at least $5 million to entertainers who used the service. “We
Welcome Tech , which has built a digital platform aimed at immigrants and their families, has raised $35 million in a Series B funding round co-led by TTV Capital, Owl Ventures and SoftBank Group Corp.’s Today, Welcome’s platform is approaching 3 million active users, according to co-founder and CEO Amir Hemmat.
Now, a gaming startup that’s building a new kind of platform that it thinks will be a — wait for it — game changer in the category is announcing some funding as to ride that wave of attention. Part of that is because of how PortalOne has built out its platform. “This is part of our secret sauce.”
Mythical Games , an NFT games startup based out of Los Angeles, has banked a $75 million raise from new and existing investors betting on the startup’s aim to expand the ambitions of their first title and locate a substantial platform opportunity amid helping developers build blockchain-based gaming experiences.
Los Angeles-based Afterparty, which is developing an platform which the company says helps creators launch their own NFTs, says it has raised $3M in a seed funding round.
AvantStay — which has built a platform where it decorates and then lists properties owned by others for people to rent out for vacations or other short-term stays — has raised $160 million in a Series B round of funding. “It has always lagged hotels by a wide margin.
These late-stage, traditionally pre-IPO investors joined NewView Capital, Battery Ventures, Greycroft, Revolution Growth and Highland Capital Partners in the funding, which values the company at $3.3 If we want to be the leading company in the space, we have to be capitalized like the leading the company in the space.”
The investment also brings its total capital raised since its 2008 inception to $386 million. Much like how Microsoft Windows defined the operating system for personal computers decades ago, Clio has developed a software platform for law firms and their clients that is cloud-based and client-centric by design,” Newton said.
We believe this consistency in leadership and intuition for where the markets were going in the heady days of 2019–2021 helped us to stay sane in a world that momentarily seemed to have lost its mind and since we have new capital to deploy in the years ahead perhaps I can offer some insights into where we think value will be derived.
Boulevard , a spa management and payment platform, has raised $27 million in a new round of funding despite a business slowdown caused by the COVID0-19 pandemic. Through those months of interviews the two developed the booking management and payment platform that would become Boulevard. million in funding.
Los Angeles-based private equity investor OpenGate Capital said that one of its portfolio companies, Kongsberg Precision Cutting Systems, has acquired another company, MultiCam, from private equity investor Rosewood Private Investments. Financial terms of the acquisition were not announced.
Santa Monica-based TrueCar, which operates a digital marketplace for automobiles, says it has linked with Capital One to offer up pre-qualification for its buyers. According to TrueCar, the new link with Capital One allows eligible shoppers to pre-qualify for auto financing through participating lenders Capital One and Westlake Financial.
GrubMarket , which provides a B2C platform for consumers to order produce and other food and home items for delivery, and a B2B service where it supplies grocery stores, meal-kit companies and other food tech startups with products that they resell, is today announcing that it has raised $60 million in a Series D round of funding.
The second major trend was the rise of the angel that was a function of the boom in Silicon Valley wealth (Google, Facebook, Zynga, Twitter, Salesforce.com, etc) plus the rise of crowd-funding platforms (AngelList) plus the rise of Y Combinator / 500Startups / TechStars. Be thoughtful about from whom you raise capital. Choose wisely.
Liberty Street Funds, Walleye Capital, Japan Post Capital, Joseph Stone Capital, Pegasus Tech Ventures, Tech Pioneers Fund are among the new backers, who are being joined by existing investors Celtic House Asia Partners, INP Capital, Reimagined Ventures, Moringa Capital Management, and others, along with other unnamed participants.
He comes from a background in venture capital from inside and outside the Valley, as well as entrepreneurship work with startup efforts around the world. I second his list of top innovation challenges and strategies to capitalize on untapped global startup opportunities: Create new markets rather than disrupt existing ones.
Today, we have Kelly Perdew , Co-founder and General Partner of Moonshots Capital. This year ushered in the successful launch our second fund at Moonshots Capital, further validating our thesis that investing in extraordinary leadership produces exceptional companies. Are you a founder, CEO, or investor who would like to participate?
Build platform services that provide more value to our startups than just money (putting our fees into our ecosystem and not just our pockets). Platform Services – And I haven’t announced it before but we’ve also beefed up our platform services quite a bit. You can follow Hamet on Twitter here.
The round was led by Qumra Capital, a new investor. Microsoft’s venture fund M12, also a new investor, participated in the round alongside Acrew Capital, Khosla Ventures, Lightspeed Venture Partners, Munich Re Ventures, and Israeli entrepreneur Shlomo Kramer, who co-founded security firms Check Point and Imperva.
The funding was led by Coatue, and also included Catalio Capital Management, OrbiMed, Sequoia CApital, Nexus Ventures, and Freeflow. San Diego-based Entos, a developer of artificial intelligence and automated synthetic development technology for designing small-molecule therapeutics, has raised $53M in a Series A funding.
I considered changing to a blog publishing platform that would allow me to change the visual design more easily myself. He runs platform for Upfront Ventures and is doing an amazing job. This Week in Venture Capital' I appreciate beautiful design – I just wasn’t blessed with the skill of producing it.
The funding was co-led by CMG-SDIC Capital and Sequoia Capital China, and also included Sunshine Insurance and China Merchant Bank International Capital. The company has significant operations in China but has its headquarters at Biocom in San Diego.
Meanwhile, new venture-backed companies like the superstealthy Shadows, SuperPlastic and Toonstar are all developing virtual characters that will launch via social media channels like Snap and Instagram, or on their own platforms. The makers of the virtual influencer, Lil Miquela, snag real money from Silicon Valley.
The Series C round from late stage and growth capital investment firm, The Riverside Company , caps a busy first quarter for the massage service. It also relocated from Los Angeles to Las Vegas; named a new chief executive; and announced new geographies where its massage booking platform is now available. .
Plantible says it has developed a verticall integrated agricultural platform to produce proteins from Lemna, to emulate the functional characteristics of widely used animal-based proteins and enables food companies to match the taste and texture of animal-based products with more sustainable plant-based ingredients.
Earlier this week, Good Growth Capital (www.goodgrowthvc.com) announced it has started looking at investments in Southern California, adding Krisztina Holly as West Coast Venture Partner for the firm. We could easily use 4x to 5x the amount of capital we are getting now. So what else are you working on?
The Los Angeles ecosystem is $76 million stronger today as Fika Ventures , a seed-stage venture capital firm, announces its sophomore investment fund. Fika invests roughly half of its capital exclusively in startups headquartered in LA, with a particular fondness for B2B, enterprise and fintech companies.
The company developed an additive manufacturing platform designed to make it easier and faster to design and build new cars at a fraction of the cost — all while reducing the environmental impact that traditional factories have. Divergent 3D made Blade — which was on the auto show circuit in 2016 — to demonstrate the technology platform.
Previous backers include Sequoia Capital, SilverLake, Dragoneer and Ant Group, among others. and plans to use its new capital in part to continue to grow there and globally. Overall, Klarna is live in 20 markets, has more than 90 million global active users and more than 2 million transactions a day conducted on its platform.
I have the utmost respect for the tech produced by our northern colleagues and acknowledge it is the tech capital of the world and that won’t change. And they were allegedly acquired (or so TechMeme says) by Apple in order to absorb the great engineers that built the leading iOS testing platform TestFlight. FullScreen.
GOAT now counts retailers like Alexander McQueen, Nike, and others among the brands that sell their wares directly on the platform. “As GOAT continues to grow its core business and expand into new categories, it is rapidly emerging as one of the best positioned next generation global e-commerce platforms.”
Both self-leadership and business leadership require a solid platform for decisions, based on moral and personal values. Build positive psychological capital to sustain your business. Without a store of this psychological capital, your performance and leadership will wane, and your satisfaction will dwindle. Marty Zwilling.
The Facebook parent-company saw its stock price get bludgeoned after a bad earnings report showcased that Apple’s ad-blocking changes are shaving billions off its books and the company’s crown jewel — the Facebook platform — has stopped growing and actually shrank this quarter.
The funding, which was led by Two Sigma Ventures and included existing investors like Plexo Capital, Amplify, and BoldStart values the company at over $100 million. ” Replicated now counts 85 customers who pay for access to the platform and for every on-premise deployment that customers develop through the platform.
When Stackin initially pitched itself as part of Techstars Los Angeles accelerator program two years ago, the company was a video platform for financial advice targeting a millennial audience too savvy for traditional advisory services. It turns out that consumers didn’t want another video platform.
The funding came from JDRF T1D Fund, Aphelion Capital and LifeSci Venture Partners. Prior investors in the round include M Ventures and Hikma Ventures, the corporate venture capital arm of Hikma Pharmaceuticals. The company said the new funding will go towards its technology platform, and to fund additional clinical studies.
Sometimes that’s venture capital generally (like last year’s conversation with Reid Hoffman ) and sometimes it’s in a space where I’ve invested (like mobility and city innovation with Bird’s Travis VanderZanden , one of our portfolio founders.) That includes things like: Structure of the “turnstile” content?
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content