socalTECH

JANUARY 19, 2021

Los Angeles-based GOAT, best known for its online marketplace for sneakers, but which now also has expanded into apparel and accessories, has received a strategic investment from Groupe Artemis. Groupe Artemis is owner of the Kering luxury fashion brand. Size of the investment was not announced. GOAT said the strategic investment follows its Series E funding announcned in September of 2020, which was worth $100M, valuing GOAT at $1.75 billion.

Invest 140

Invest Los Angeles Funding Angel 140

socalTECH

JANUARY 19, 2021

San Diego-based Mosaic, a fintech startup developing software to help CFOs make financial decisions, said last week that it has raised $18.5M in its Series A funding. The funding was led by General Catalyst, and also included Felicis Ventures, Village Global and XYZ Ventures. The startup said the new funding brings its total raised to $21M. The company said it will use the funding to accelerate product development and for growing its team.

San Diego 113

San Diego Funding Software Startup 113

socalTECH

JANUARY 19, 2021

Los Angeles-based electric vehicle developer Canoo says it has named a new VP of Investor Relations. The company--which recently went public via a reverse merger--said it has named former Cars.com Director of Investor Relations, Kamal Hamid, to the post. Hamid has previously also served at Solera Holdings, in addition to experience in the sell-side equity research and corporate finance areas.

Equity 113

Equity Research Los Angeles Angel 113

socalTECH

JANUARY 19, 2021

Mojave-based Virgin Orbit, which is developing space launch technology which uses a modified 747 to launch rocket payloads into space, successfully launched its first rocket into space from the Southern California coast on Sunday. The company's LauncherDemo2 mission--which took off from Mojave, before launching a rocket off the coast of Santa Cruz Island--carried 9 CubeSat satellites into Low Earth Orbit.

Southern California 113

Southern California SpaceX Technology Develop 113

Advertiser: Aggregage

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.

Company

socalTECH

JANUARY 19, 2021

Aliso Viejo-based utility-scale energy storage project developer esVolta has received an investment from Macquarie's Green Investment Group (GIG), Macquarie announced this morning. Size of the investment was not announced. According to Macquarie, the investment will support the continued North American expansion of esVolta and finance its portfolio of over 600 MWh of contracted energy storage projects, plus an additional pipeline of more than 2 GWh of projects.

Invest 113

Invest Outsource Development Help Develop 113