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Closing on $103M, MaC VC is changing the face of venture capital

TechCrunch LA

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. MaC Venture Capital co-founders Marlon Nichols, Michael Palank, Charles King, and Adrian Fenty.

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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

At our mid-year offsite our partnership at Upfront Ventures was discussing what the future of venture capital and the startup ecosystem looked like. Should SaaS companies trade at a 24x Enterprise Value (EV) to Next Twelve Month (NTM) Revenue multiple as they did in November 2021? And reset they must.

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London and SF have become Impact Tech hubs, with 280% increase in VC in 5 years

TechCrunch LA

New research has found that San Francisco and London have become two of the world’s leading hubs for VC investment into tech solutions that address one or more of the 17 UN’s Sustainable Development Goals (SDG), more commonly referred to as “Impact Tech” They are followed by Paris, Berlin, Stockholm, Shanghai and Beijing.

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CookUnity Picks Up $15.5M, Eyes Los Angeles

socalTECH

CookUnity, a startup which connects up and coming chefs with consumers with fully cooked and prepared meals delivered via weekly subscription, says it is opening up a new kitchen in Los Angeles, after raising $15.5M The company says its meals start at $10.49 in a Series A funding round. per meal.

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Los Angeles Startup Community

SoCal CTO

I was just talking with someone who's new to Los Angeles and wanting to connect into the Los Angeles Startup Community. I will do my best to keep this up to date. Los Angeles Startup Community Posts/Articles Here are some interesting articles and posts on the ecosystem around startups in Los Angeles.

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Los Angeles Startup Community

SoCal CTO

I was just talking with someone who's new to Los Angeles and wanting to connect into the Los Angeles Startup Community. I will do my best to keep this up to date. Los Angeles Startup Community Posts/Articles Here are some interesting articles and posts on the ecosystem around startups in Los Angeles.

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MaC Venture Capital Launches $103M Seed Fund

socalTECH

Los Angeles- and Palo Alto-based MaC Venture Capital has launched a new, $103M seed stage investment fund today, saying it plans to invest in technology startups across the fintech, e-commerce and marketplaces, interactive media, connectivity, enterprise SaaS, space and aerospace, logistics, and other sectors.