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Aclima sucks in $24M to scale its air quality mapping platform

TechCrunch LA

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.

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Entity Academy, an edtech startup that trains, mentors and places women in tech roles, secures $100M

TechCrunch LA

It’s coming from Leif , itself a startup that provides financing services to edtech platforms so that they can offer their students income share agreements (otherwise known as ISAs, arrangements where students are not required to pay back tuition loans until they find jobs). Entity’s own story fits into both of those story lines.

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Details of Upfront Ventures New $400 Million Fund

Both Sides of the Table

I am so proud and humbled to be able to formally announce that Upfront Ventures has raised its 6th venture capital fund in the past 21 years. Upfront VI is our latest core fund and is $400 million to invest in early stage entrepreneurs. This brings our combined funds under management to nearly $2 billion.

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Kensh?, ‘the antithesis of Goop,’ launches a research-based guide to natural medicine

TechCrunch LA

We are a holistic health platform that approaches things as more of a holistic health medical journal — everything is backed by science.”. launching today, is an invite-only subscription-based platform for holistic healthcare providers to list their services and share knowledge. The global wellness economy represented a $4.2

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Glossier just laid off one-third of its corporate employees, mostly in tech

TechCrunch LA

W]e are shifting our technology strategy to leverage external partners for parts of our platform that we’re currently maintaining internally,” Weiss wrote in the email announcing the layoffs to staff. The cuts, which amount to around one-third of Glossier’s corporate workforce, will primarily impact the company’s technology team. “[W]e

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The Changing Venture Landscape

Both Sides of the Table

We have global opportunities from these trends but of course also big challenges. Of course we can’t. There are of course many Seed VCs who take board seats, don’t over-commit to too many deals and try to help with “company building” activities to help at a company’s vulnerable foundations. of the fund.

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Upfront Ventures Raises > $650 Million for Startups and Returns > $600 Million to LPs

Both Sides of the Table

Considering that many of our funds are in the $200–300 million range, these returns were more meaningful than if we had raised billion dollar funds. Obviously the funding environment has changed considerably in 2022 but as early-stage investors our daily jobs stay largely unchanged. What do you do with a $650 million platform?

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