socalTECH

JUNE 30, 2017

Vector , a developer of micro-satellite launch systems and rocket technology whose founders came from SpaceX, said on Thursday that it has raised $21‌M in a Series A funding. The company is based in Arizona, but the majority of its founders are from Los Angeles. The company says it has now raised $31M in total.

SpaceX 133

SpaceX Funding Los Angeles Capital 133

TechCrunch LA

JANUARY 25, 2022

The startup has received €50 million (just under $57 million at today’s rates) from the European Investment Bank, the funding arm of the European Union. It is not disclosing its valuation with this investment, but Alastair Westgarth said that this doesn’t rule out raising further funding from investors.

Invest 233

Invest Technology Startup Los Angeles 233

L.A. Business Journal

DECEMBER 1, 2016

SpaceX aims to resume flights on Dec. 16, Breitbart hits back against boycotting advertisers, and 21st Century Fox invests in augmented and virtual reality glasses company.

SpaceX 100

SpaceX Advertising Report Invest 100

socalTECH

APRIL 26, 2016

A new, microsatellite launch firm--founded by veterans of SpaceX--said today that it has raised more than $1M to launch the startup. Vector Space Systems led by former SpaceX executive Jim Cantrell, said it raised $1M in an angel funding to develop a mirosatellite launch company. READ MORE>>.

SpaceX 100

SpaceX Los Angeles Funding Angel 100

Both Sides of the Table

SEPTEMBER 10, 2021

I’m over-paying for every check I write into the VC ecosystem and valuations are being pushed up to absurd levels and many of these valuations and companies won’t hold in the long term. On the one hand, you’re over paying for every investment and valuations aren’t rational. dot-com bonanza. The legends of Silicon Valley?—?two

Venture Capital 471

Venture Capital Writing Invest Pricing 471

TechCrunch LA

MARCH 25, 2021

The partners at MaC Venture Capital , the Los Angeles-based investment firm that has just closed on $103 million for its inaugural fund, have spent the bulk of their careers breaking barriers. We’re going to show them a set of companies that they would not have seen from any [other] VC fund,” said Fenty.

Venture Capital 225

Venture Capital Capital Los Angeles Invest 225

socalTECH

AUGUST 12, 2019

Vector Launch , a small satellite launch firm founded in Huntington Beach by ex-SpaceX employees, has "suspended operations" and lost its CEO, as part of what the company called a "major change in financing". The company--now headquartered in Tucson, Arizona--had been developing small satellite launch rockets. READ MORE>>.

SpaceX 113

SpaceX Invest Funding Develop 113

TechCrunch LA

FEBRUARY 12, 2019

Air Force, Lockheed Martin, Maxar Technologies, SAIC and the Israel Aerospace Industries company, Techstars and Starburst Aerospace are launching an accelerator focused on the space industry in Los Angeles. billion over the last year. Applications for the accelerator are open today and the program will begin in July.

Los Angeles 275

Los Angeles Angel SpaceX Entrepreneur 275

socalTECH

DECEMBER 16, 2019

The company also has laid off most of its 150 or so staff. The company had raised more than $100M in venture financing, from such investors as Kodem Growth Partners, Morgan Stanley Alternative Investment Partners, Sequoia, Lightspeed Venture Partners and Shasta Ventures. READ MORE>>.

SpaceX 154

SpaceX Invest Startup Develop 154

socalTECH

JULY 23, 2019

El Segundo-based ABL Space Systems , which is developing small rocket launch vehicles, has received a strategic investment from Lockheed Martin Ventures, the company announced this morning. Size of the investment was not announced. The company is hoping to launch its first rocket sometime in 2020. READ MORE>>.

El Segundo 113

El Segundo SpaceX Funding Invest 113

TechCrunch LA

JANUARY 13, 2020

Every radical turn in technology history has its great entrepreneur, and for space that person is SpaceX founder Elon Musk. In 2018 alone, venture investments in space topped $2 billion for the first time, and 187 investors wrote checks to 90 startups, according to Bryce Space and Technology. Air Force and, of course, SpaceX. .

SpaceX 150

SpaceX Los Angeles Tips Pricing 150

socalTECH

MARCH 5, 2014

Add another, Southern California company to the exclusive list of billion-dollar plus startups here. Auction.com joins SpaceX, Snapchat, and Beats Electronics in the short list of $1 billion plus valuation, venture backed startups here. Auction.com said this morning that it has raised $50M in a funding from Google Capital, at a $1.2

Southern California 154

Southern California SoCal Snapchat Startup 154

TechCrunch LA

OCTOBER 22, 2018

for technology investment and corporate development. It’s one of the fastest growing tech hubs in the country with the 100 largest tech companies in L.A. We know companies with a diverse workforce are more successful, which, in turn, increases community engagement and provides opportunities for the community-at-large. “We

Los Angeles 249

Los Angeles Angel Entrepreneur Orange County 249

Both Sides of the Table

JUNE 28, 2021

The thesis is that before investing in an early-stage startup it is close to impossible to know which of the deals you did will break out to the upside. In the current market it’s not that hard to find executives leaving: Facebook, Google, Airbnb, Netflix, Snap, Salesforce.com, SpaceX … you name it?—?to to start their next company.

Funding 301

Funding UCSD Netflix CalTech 301

TechCrunch LA

OCTOBER 1, 2019

The new financing will give Relativity the cash to fully build its “Stargate” factory, a semi-autonomous, full-scale production facility that will house the company’s massive 3-D printers and produce its first rocket, the Terran 1. space industry.

Chief Technology Officer 168

Chief Technology Officer SpaceX Los Angeles Venture Capital 168

socalTECH

MAY 11, 2017

Roofstock , a startup which operates an online marketplace that lets investors purchase homes online as investments, has launched in Los Angeles, the company said on Thursday. The company said Los Angeles is its 14th market. Roofstock called the Los Angeles metropolitan area an "increasingly important U.S. READ MORE>>.

Los Angeles 133

Los Angeles Angel Riverside Hulu 133

socalTECH

APRIL 30, 2018

NI0 says its seed investors include Tim Chen of HTC, Trill Ventures (which has invested in Jarvish and 23 and Me); Eddy Chan (an investor in PayPal and SpaceX), Charles Huang (founder of Red Octane, the company behind Guitar Hero), and Chris Cobb, Sr. Riot Games).

Riot Games 140

Riot Games Seed Funding OCTANE Training 140

Both Sides of the Table

FEBRUARY 15, 2017

Back then only 15% of our dollars were invested locally whereas today 50% of our dollars are invested in LA. And I constantly have to remind people that the largest tech startup employer in LA is actually SpaceX and that, yes, Elon Musk does live in LA.

Dollar Shave Club 321

Dollar Shave Club Cornerstone OnDemand Riot Games Venture Capital 321

TechCrunch LA

FEBRUARY 3, 2021

“As I begin this new role, my goal is to continue to leverage my experience to help generate opportunities for future Techstars LA companies to make meaningful, long-term impact.” base of operations and SpaceX’s significant presence has born a number of talented hardware and engineering startups.

Los Angeles 191

Los Angeles Angel Southern California Social Media 191

socalTECH

APRIL 17, 2015

billion in investments in Q1 of 2015, according to the latest numbers from the PricewaterhouseCoopers/National Venture Capital Association. MoneyTree report, which was released this evening, The quarter was the biggest, investment quarter for Southern California since the dot com era. invested in SmartDrive Systems. READ MORE>>.

Southern California 100

Southern California Orange County SpaceX Statistics 100

socalTECH

JANUARY 2, 2013

It looks like Elon Musk , the tech mogul behind Hawthorne-based SpaceX , is settling further into Los Angeles, and has purchased a $17M mansion in Bel Air. Musk--who has been splitting his time between Los Angeles and Silicon Valley--is also head of electric car company Tesla Motors, and solar leasing firm SolarCity. READ MORE>>.

Malibu 159

Malibu SpaceX Southern California Hawthorne 159

Xconomy

JULY 10, 2019

More than a third of the companies that went public in the first half of this year were backed by venture capital. That, plus robust merger and acquisition activity, set a record for venture-backed exit value—$165.2 That, plus robust merger and acquisition activity, set a record for venture-backed exit value—$165.2 Those returns.

Venture Capital 86

Venture Capital Invest Startup Activity 86

Tech.Co

DECEMBER 29, 2023

Source: hibobbie.com The company also raised an impressive $70 million in funding in June to acquire the legacy pediatric nutrition brand Nature’s One, bringing its total kitty up to $142 million and helping to secure its competitive advantage in the industry going forward. Organic milk formula product Bobbie.

Startup 210

Startup Generative AI Newsletter Tool 210

socalTECH

MARCH 26, 2014

The list has been short on local investors for the last few years , even as many Southern California companies have helped place other, Silicon Valley venture capitalists high up on the investor ranking. Despite the cold shoulder to local investors, a number of investors on the list did have companies here to thank for their position.

Southern California 159

Southern California Cornerstone OnDemand SoCal San Diego 159

socalTECH

JULY 22, 2019

The Techstars Starburst Space Accelerator just announced ten companies that have joined its program last week. We brought together Starburst, along with the US Air Force, NASA's Jet Propulation Laboratory, Lockheed Martin, Maxar, SAIC, and other companies in the aerospace industry in North America. What's changed in the last few years?

Southern California 124

Southern California Startup Entrepreneur Los Angeles 124

Startup Professionals Musings

AUGUST 21, 2021

When you see startups like SpaceX and Pinterest grow from a low valuation to a billion dollars in just a few years, it’s easy to assume that if you just keep doing what you are doing, you can get there as well. Then there is the pressure to go public ( IPO ), and open your investment to thousands, maybe millions, of small investors.

Startup 151

Startup Course Sales Entrepreneur 151

Startup Professionals Musings

DECEMBER 30, 2022

Every business owner and entrepreneur I meet in my consulting rounds dreams of finding that “ disruptive ” innovation that will supercharge their business and move it into the ranks of business unicorns (billion-dollar valuations), such as SpaceX and Apple. Invest in communication skills and use all platforms.

Technical Review 101

Technical Review Metrics Resource Software Review 101

socalTECH

DECEMBER 27, 2018

What was the biggest news for your company in 2018? When I first joined Crosscut Ventures five years ago, the firm had $20 million under management and was just starting to invest out of its second fund. We now have $250 million under management, are investing out of our fourth fund and have made more than 80 investments.

Riot Games 133

Riot Games Southern California Startup Santa Monica 133

Startup Professionals Musings

APRIL 16, 2021

Elon Musk with Tesla and SpaceX may be the most current example of this phenomenon, but others often mentioned include Richard Branson (Virgin Group), Joe Costello (Cadence Design), and Howard Schultz (Starbucks). Joe Costello was known to dress up as Frankenstein and the Riddler for company functions, and wasn’t afraid to laugh at himself.

Marketing 157

Marketing Design Entrepreneur Ideas 157

socalTECH

MAY 29, 2015

The new investors reportedly include Alibaba, Fidelity, York Capital, and Glade Brook Capital, and the funding has widely been reported at valuing the company at around $16 billion. Southern California has seen less than a handful of companies to raise such a large total of money, including now defunct Fisker Automotive ($1.4

Snapchat 100

Snapchat Southern California Funding Venice 100

Tech.Co

OCTOBER 26, 2017

Since 2013, when Elon Musk released his white paper for an emerging mode of transportation using low air pressure within a tube, companies around the world have answered the call to build the next generation of futuristic transportation. This has caused much confusion both in the public and the media. Hyperloop Transportation Technologies.

SpaceX 100

SpaceX Design Technology Competition 100

socalTECH

NOVEMBER 19, 2013

Internap , PricewaterhouseCoopers , Demand Media , Stubbs, Alderton & Markiles LLP , Oracle , Cresa Partners , UK Trade & Investment , PIXT , and many others. You can register for the event at Digital Family Reunion. event socaltech50 awards entrepreneur entrepreneurship feature dfr2013'

Southern California 279

Southern California SoCalTech Dollar Shave Club Santa Monica 279

LATechDigest

JUNE 13, 2016

SPACEX to Reuse Rockets for First Time ( link ). Daqri, Snapchat, SpaceX Make CNBC ‘s Disruptor 50 ( link ). crosscutvc and a few other VCs talk investment opportunity and challenges in the video space #stream16 pic.twitter.com/L92fjfDEjk. Midroll / Scripps Purchases STITCHER for $4.5M ( link ).

Snapchat 40

Snapchat SpaceX Santa Monica Journal 40

Both Sides of the Table

JUNE 28, 2018

My friend Michael Broukhim, founder & co-CEO of FabFitFun and I recently had a catch-up meeting for 3-miles on the Santa Monica “Bird Trail” No company has ever elicited so many questions by friends, colleagues, entrepreneurs, fellow VCs and journalists as has Bird, the company that pioneered the electronic scooter as a service market.

Santa Monica 256

Santa Monica Funding Startup Course 256

Startup Professionals Musings

JANUARY 17, 2020

He used his expertise on rocket ships to sell the future potential in interviews, blogs, and public speaking opportunities, long before he started SpaceX as a company. Leadership dissent in the team is the quickest way to kill an investment, and customers will tell you it is the quickest way to kill a brand.

Entrepreneur 129

Entrepreneur Examples Blogging Customer 129

InfoChachkie

SEPTEMBER 27, 2018

MBA programs don’t teach people how to create companies … our position is that we hire someone in spite of an MBA, not because of one.” ” – Elon Musk, Founder Tesla Motors and SpaceX. . “As much as possible, avoid hiring MBA’s. MBA’s are an easy target for entrepreneurs’ scorn.

Entrepreneur 113

Entrepreneur Allegis Startup Competition 113

Startup Professionals Musings

DECEMBER 31, 2018

Just ask former big brand companies, like Blockbuster, Kodak, Lehman Brothers, and Sears, what happened to them. Since these usually require a large investment, and more time, including customer education, they need to be started while your current business is still healthy. He entertains no sense of a static business.

Examples 99

Examples IP Acquisition Social Media 99