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Mave Finds Seed Funding For Personal Concierge Startup

socalTECH

Santa Monica-based Mave has raised seed funding, for a yet-to-be-launched personal concierge startup, according to Fortune this morning. The new startup was founded by Emily White, a former executive of Snapchat and Instagram. White was previously COO of Snapchat. READ MORE>>.

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Disney Accelerator Shows Off First Class Of Startups

socalTECH

in its seed funding round. Disney offered up up to $120K in investment capital, access to entrepreneurs and executives at Disney, and other resources to its startups. disney startup accelerator walt angeles entertainment consumer funding venture capital techstars' READ MORE>>.

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Understanding What’s Going on in #LATech

Both Sides of the Table

It’s not just Snapchat, although there’s that. I wrote this overview of the LA Tech Ecosystem in December and on page 15 you’ll see a host of amazing VC firms at all stages from pre-seed through to early-B rounds. Back then only 15% of our dollars were invested locally whereas today 50% of our dollars are invested in LA.

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The Changing Structure of the VC Industry

Both Sides of the Table

There has been much discussion in the past few years of the changing structure of the venture capital industry. The rise of “micro VCs” or seed-stage funds. The rise of alternative sources of capital (crowd funding and the like). ” Stated simply – if you seed funded Uber at $4.5m

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Givingli Picks Up $4M For Virtual Gifting

socalTECH

Los Angeles-based Givingli, a developer of a gifting app, said Tuesday afternoon that it has raised $4M in its seed funding round. The funding was led by Alexis Ohanian's Seven Seven Six, Snap's Yellow Accelerator and angel investor Harry Hurs (Co-CEO and Co-Founder, of Pipe). The company has now raised $5M in total.

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Forge Platform Finds $1M For Ethereum SDK

socalTECH

Santa Monica-based Forge Platform , which is developing software development kits used for Ethereum, has raised $1M in a seed funding, the company disclosed on Wednesday. The funding came from Manta Ray Ventures and Upfront Ventures. The company was founded by Chris Lorenz, Geoffrey Anderson, and James Borow.

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More investors are betting on virtual influencers like Lil Miquela

TechCrunch LA

Last year the company scored at least $6 million from investors, including Sequoia Capital , BoxGroup and other, undisclosed, investors. The NBA star and studio analyst also committed capital to Toonstar’s recent seed funding, a round led by Founders Fund partner Cyan Banister. Its show, the Danogs, has 4.5