Tue.May 04, 2021

Miso Robotics Releases Cooking Software for Restaurants

L.A. Business Journal

Miso Robotics Inc. will make the software behind its kitchen automation technology available to foodservice businesses as a standalone product

Genies Finds $65M For NFT Avatars


Los Angeles-based Genies, a startup that helps people create their own avatars--which they can decorate by buying special NFTs (non-fungible tokens)--has raised $65M in a Series B funding, the company said this week. The funding was led by Bond Capital, and also included NEA, Breyer Capital, Tull Investment Group, NetEase, Dapper Labs and Coinbase Ventures. Genies' website lets you create avatars, and adorn them with characteristics, accessories, and features driven by celebrity NFTS.

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Activision Blizzard Posts Strong Q1 Results

L.A. Business Journal

Activision Blizzard's share price shot up 4% in after-hours trading as the company reported $2.28 billion in first-quarter revenue

Dodgers' Investment Arm Backs Oura In $100M Fundraising


Elysian Park, the investment arm of the Los Angeles Dodgers, is one of the lead investors in fitness ring maker Oura, Oura said on Tuesday. According to Oura, it raised $100M in its Series C funding round, which was led by The Chernin Group and Elysian Park, and also included Temasek, JAZZ Venture Partners and Eisai, Forerunner Ventures, Square, MSD Capital, Marc Benioff, Lifeline Ventures, Metaplanet Holdings and Next Ventures.

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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

Accel Robotics Debuts Automated Market in San Diego


San Diego-based artificial intelligence and computer vision startup Accel Robotics says it has launched a new, automated 1,500 square foot market in San Diego. According to the company, its new retail space is within Brookfield's luxury high-rise community, Vantage Point, in San Diego's East Village. The market features produce, baked goods, dairy, and convenience items.

Bitvore Sets New CEO


Irvine-based Bitvore, which develops artificial intelligence software for financial institutions, says it has named Elizabeth Pritchard as its Chief Executive Officer. Pritchard was most recently providing advisory services to alternative data and data infrastructure providers through White Rock Data Solutions, and previously was Global Head of Market Data at Goldman Sachs and COO of the Global Data Science Group at AIG, and co-founded Crux Informatics.

More Trending

Kajabi Collects Massive $550M Round


Irvine-based e-commerce software developer Kajabi said this morning that it has raised a massive, $550M funding round, which values the company at over $2 billion. The company said the round was led by Tiger Global Management and included TPG, Tidemark, Owl Rock Capital and Meritech Capital, along with existing investor Spectrum Equity. The investment round firmly vaunts the company into unicorn territory.

Bright Takes On Live, Celebrity Driven Video Chat


A new, Los Angeles-based video chat platform--backed by talent-mogul-and-tech-investor Guy Oseary, and with such celebrity partners as Madonna, Shawn Mendes, D'Amelio Sisters, Judd Apatow and others--says it has launched a new service to let people learn from their favorite creators, icons and experts. The startup--founded by Guy Oseary and Michael Powers--is entering into a space which is seeing a huge interest from investors, ever since the rise of streaming audio-meets-celebrity app Clubhouse.