Tue.Jun 29, 2021

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Tripp Raises $11 Million for Psychedelic Wellness Platform

L.A. Business Journal

Tripp Inc., a virtual reality wellness startup, has raised $11 million in a Series A funding round.

Platform 147
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FutureProof Gets $3M For Climate Risk Management

socalTECH

San Diego-based fintech startup FutureProof, a new startup whic says it is developing financial technology to enable asset managers, banks, and insurance-sector institutions to quantify and manage the financial impacts of climate change, has raised $3M in a funding round. The funding was led by Innovation Endeavors, and also included MS&AD Ventures and Blackhorn Ventures.

San Diego 113
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Meeting Software Company Oblong Raises $12 Million

L.A. Business Journal

Remote meeting technology developer Oblong has raised $12 million in a direct offering with institutional investors.

Company 130
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TOCA Football Scores $40M

socalTECH

Costa Mesa-based TOCA Football, which operates 14 sports centers focused on soccer training, has raised $40M in its Series E funding. According to TOCA Football, the Series E funding was led by current investors WestRiver Group, RNS TOCA Partners LLC, and D2 Futbol Investors, LLC, and also included new investors, including angel investor Jared Smith, the co-founder and former COO of Qualtrics.

Training 113
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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.

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Tech Startup Culture May Have Changed For Good

Tech.Co

You know what a startup is, right? Or at least you have an idea of what a startup is like to work in? Long hours in co-working offices with CEOs fresh from university with big ideas and a lot of vague, nebulous chat about platforms. Don't forget the pizza parties and deskside beers funded by a seemingly endless stream of venture capitalist money, either.

Startup 178
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Mapped Snags Second Seed Funding

socalTECH

Los Angeles-based Mapped, a developer of artificial intelligence-powered software used for industrial Internet-of-Things (IoT), has raised $6.5M a second seed funding. The funding came from MetaProp and Allegion Ventures, plus Singtel Innov8, Greycroft, and ANIMO Ventures. The company said the seed II fund brings its total raised to $9.5M, including a $3M funding round in February of 2020.