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There's a new, startup incubator in town in West Los Angeles--this time, launching out of Loyola Marymount University and its College of Business. According to the school, it has launched the The LMU CBA Business Incubator , a brand new startup incubator focused on companies in the technology and consumer products area.
According to ventureLab, it will provide seed funding, along with product, marketing, and opertional support to its companies. The company did not say how much funding it intends to provide to startups. ventureLab is currently targeting companies in the area of advertising technology, social/gaming media, content and community.
Confused about the myriad of incubators and accelerators in the Los Angeles area? A new infographic, released this week, has summarized some of the local startup incubators and accelerators in Los Angeles, plus detailed some of the terms of their investments in companies. We''ve reprinted it below. READ MORE>>.
Venice, California-based startup incubator Amplify LA , the startup accelerator headed by Paul Bricault and Richard Wolpert, disclosed today that it has raised $8M in a second investment fund for its companies. The funding came from such companies as Accel, Greycroft, Siemer Ventures, Karlin Ventures, Deep Fork Capital, and others.
In recent months, a dozen accelerators and incubators have emerged in the Southern California area, looking to help take the new generation of technology startups to funding and beyond. However, with the proliferation of incubators, the difficulty in figuring out. Representative companies: Funding: No. Funding: Yes. Amount: TBD.
A few weeks ago, the University of Southern California announced a new startup incubator, the Viterbi Startup Garage ([link] backed by such notable investors as Kleiner Perkins Caufield & Byers and the United Talent Agency. What''s the mission behind the new startup incubator? How did the incubator come about?
Los Angeles-based technology investor Siemer Ventures has funded an investment firm in Southeast Asia, which is looking to invest in and create e-commerce and digital media companies in the Southeast Asia region. siemer ventures venture capital incubator accelerator hong kong southeast asia asian' READ MORE>>.
A couple of weeks ago, a brand new, startup incubator launched in town--with a slightly different focus, on biomedical technology. The incubator-- Greenwings Biomedical (www.greenwingsbiomedical.com), is led by Richard Koffler , a serial entrepreneur and angel investor in Los Angeles. What is Greenwings Biomedical? It was a failure.
Santa Monica-based Cornerstone OnDemand , the developer of talent management and human resources management software, is boosting its efforts to support the Los Angeles technology ecosystem, through the launch of its own incubator and investment fund. cornerstone ondemand enterprise software incubator accelerator investment fund'
The incubator effort looking to make Los Angeles a key part of the clean technology industry, the Los Angeles Cleantech Incubator (LACI) , announced this morning that it has received a $200,000 grant from the JPMorgan Chase Foundation, to help advance its program--and may even start its own investment fund. READ MORE>>.
The good news for entrepreneurs is that there have never been more office space options for early stage companies. Significant confusion exists when distinguishing between Accelerators and Incubators. We are actually giving the companies money, rather than taking money from them.
DatAllegro was one of the first companies in what is now the "big data" industry, and helped to pioneer the entire segment. Now, Frost has set up shop buildling out a whole series of companies in the industry, and we caught up with him to learn more about the companies (Predixion Software, Cirro, Lineage, Kumo, etc.)
The University of Southern California's Marshall Greif Incubator said on Wednesday that it is accepting application for its next class of startups, which must have at least one founder who is a student, alum, faculty or staff member of USC. The incubator said its deadline is May 1st for applications. READ MORE>>.
According to the three, they have created O Labs as an independent company specifically to create, grow, and operate portfolio companies focused on helping large and growing enterprises. The new company is led by Matthew Pierce, and will be managed by an "investment committee" from the respective companies. READ MORE>>.
San Diego-based startup incubator operator EvoNexus is launching a brand new, financial technology (Fintech) incubator, in a partnership with Royal Bank of Canada (RBC) and Franklin Templeton , the incubator announced this morning.
The Los Angeles Cleantech Incubator (LACI), the non-profit which encourages clean technology startups in the City of Los Angeles, said it has launched a new effort to accelerate the electricification of regional transportation, in an effort to reach zero emissions in the area's movement of goods. READ MORE>>.
More and more entrepreneurs are hearing about the successful graduates and investors queued behind a few well-known startup incubators, including Y Combinator, TechStars, and the Founder Institute. According to the National Business Incubator Association (NBIA) , there are currently over 1,200 members in 30 nations. Initial funding.
San Diego-based nonprofit startup and technology incubator operator EvoNexus announced this morning that it has launched a brand new, 5G startup incubator program, which is being sponsored by Qualcomm. According to the company, the new program will assist early-stage companies who are helping to build the wireless 5G ecosystem.
San Diego- and Irvine-based startup incubator EvoNexus announced today that it has started accepting applications to a new startup incubation effort it is running with high tech material company EMD Performance Materials. EMD is owned by Merck KGaA, Darmstadt, Germany.
In a move which adds some additional capital to the Los Angeles clean technology market, utility company Southern California Gas Company said Thursday that it has created a new, $1M innovation fund to help companies develop clean technology. socalgas company utility investment fund cleantech incubator accelerator laci'
The Los Angeles Cleantech Incubator (LACI) has just received $5M to fund a new initiative, called Energize California , to help boost clean technology startups. READ MORE>>.
.” With $10 million in financing from a slew of investors including Upfront Ventures, Alpha Edison, the general partners and founders of True Ventures, and a Korean family office, Share Ventures will look to launch between two and four companies per year. “We have aggregated tools into a company building stack,” says Watt.
San Diego-based DNA sequencing giant Illumina, and venture capital investor Sequoia Capital via its Sequoia Capital China arm--said they are partnering to launch a new, genomics incubator based in China. The two did not say how much they are investing in the Chinese incubator.
San Diego-based nonprofit EvoNexus has launched a new class of companies to its startup incubator, the group said on Tuesday, for both its San Diego and Irvine locations. According to EvoNexus, it has added 16 new companies to its portfolio of startups, split between both locations. READ MORE>>.
The Los Angeles Cleantech Incubator (LACI), the nonprofit which has been working to boost the number of clean technology startups and companies in Los Angeles, said yesterday that it has named Matt Petersen--currently Chief Sustainability Officer (CSO) for the City of Los Angeles--as its next President and CEO.
There''s been a lot of activity over the past two years in the Southern California accelerator/incubator market, with numerous groups (Amplify, EvoNexus, K5, LaunchpadLA, MediaCamp, Science, StartEngine, and many, many others) looking to help entrepreneurs start and fund their companies. companies in the last year. Science Inc.
In the past year, the number of startup accelerators and incubators across the US has grown faster than expansion league baseball. ” I recently discussed the explosion of seed accelerators and incubators with Brad Feld, who, as the Co-Founder of acclaimed startup accelerator TechStars , is uniquely qualified to opine upon the subject.
Red Cell Partners, a newly formed investment and incubationcompany targeting healthcare and defense technology, announced it has launched the firm out of Washington and Los Angeles. The company said it will look to invest in companies and technologies in the areas of health care and defense.
The funding was led by Dram Incubator, Inc., Siemer Ventures has been an active investor in overseas companies, and even has its own, Singapore-based startup incubator , WaveMaker Labs. and also included Siemer Ventures and other investors. READ MORE>>.
. “There was an abandoned vehicle parked there and the station was surrounded by mud,” said Terry who is CEO and co-founded the company with Evette Ellis. The company said it has raised $2.75 The company only hires in cohorts, or groups, of employees. “I thought, if I can figure this stuff out, then anyone can.”
Joining Initialized in the round is the serial entrepreneur Moise Emquies, whose previous clothing lines, Ella Moss and Splendid, were acquired by the fashion holding company VFC in 2017. The company’s first product is a hand soap, Keeper. Emquies is also joining the company as its chief brand officer. The Honest Co.
The United Talent Agency is ramping up its outreach to early stage, digital media companies, with a new hire from the Los Angeles technology industry. Ward is a startup veteran, having been involved in such local companies as DocStoc, Betterworks, and GLossi. READ MORE>>.
The Los Angeles Cleantech Incubator (LACI) has officially opened up its La Kretz Innovation Campus , its own building at 5th and Hewitt Street, the incubator said on Friday. In addition to housing clean technology companies, it will also serve as the home of LADWP's customer service and engineering staff.
Hollywood-based io/LA , the high tech and creative incubator and coworking space, has shut down, the first loss of one of Southern California's new crop of high tech gathering spaces. A number of companies which were located in io/LA have now moved to coworking space CrossCampus in Santa Monica, according to those companies.
Further to the south are the legendary companies of Cisco, Apple, Intel, eBay, Yahoo!, Back in 2006/07 when I sold my company and then worked at Salesforce.com there were very few options in SF for technology folk to build their careers at big, growing companies. Many “tech companies” now have green screens.
We have significant VC commitments (listed below) – every entering company will get $50,000 in funding, mentorship from top VCs and successful entrepreneurs plus free office space. For any company interested in applying please visit the website. To show these companies that they can remain in LA. For the past 2.5
David Carter and Allen Hurff are two startup veterans, who believe they have a new formula to help create early stage, technology companies, through their new "startup studio", Zuma Ventures (www.zumavc.com). We sat down with David and Allen to learn more about how the company wants to change how startups are created.
A new, cross-border startup accelerator-- HardTech Labs --said yesterday that it has launched a new, startup accelerator aimed at helping hardware companies take their companies to full production. The new startup accelerator is led by Derek Footer, and said it plans to run three classes a year of up to 30 companies per class.
Irvine-based online advertising firm Adaptive Medias is announcing this morning that it has acquired Ember , one of the companiesincubated out of the StartEngine startup accelerator in Los Angeles. Adaptive Medias said this is the first exit of a companyincubated out of StartEngine. READ MORE>>.
One of the reasons that now is the time to be an entrepreneur is the explosion of startup assistance organizations, usually called incubators or accelerators. Common resources provided by most of the incubators and accelerators today include the following: Access to shared office facilities for multiple startup teams at a very low cost.
Los Angeles-based StartEngine , the equity crowdfunding service run by serial entrepeneur Howard Marks, has chalked up 25 companies raising money on its platform since the start of 2017, according to the company. READ MORE>>.
Westlake Village-based Pray.com , which develops social networking applications for religious communities, has raised $14M in a Series A funding, the company said this week. The funding was led by TPG Growth, and also included Science Inc. and Greylock Partners.
Oversee.net said the new site came about as part of an internal incubation effort at the company. The new site says it allows travelers to find short trips, based on distance from home, budget, and the kind of experience they''d like to have, and was specifically designed for tablet browsing. READ MORE>>.
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