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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. We’re going to show them a set of companies that they would not have seen from any [other] VC fund,” said Fenty.

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Who's In Southern California's Unicorn Club?

socalTECH

and no, there aren't any entertainment-technology companies anywhere in sight). SpaceX (www.spacex.com). SpaceX, based in Hawthorne, California, is now worth between $12 billion and $15 billion, according to multiple reports. The company's founders are veterans of SpaceX. The company is based in Huntington Beach.

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LA's Innovators Get Spotlight, But Investors Cautious

socalTECH

More than one attendee expressed worries about seed level startups having issues getting more funding; seeing too many "me-too" startups; and the importance of proving out viable business models.

Ventura 182
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Reflections on 2018: Clinton Foy, CrossCut Ventures

socalTECH

When I first joined Crosscut Ventures five years ago, the firm had $20 million under management and was just starting to invest out of its second fund. We now have $250 million under management, are investing out of our fourth fund and have made more than 80 investments.

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Everything You Need to Know About Hyperloop

Tech.Co

million in Series A financing from Sherpa Capital along with three other funds. Former SpaceX rocket designer Brogan BamBrogan was one of the initial cofounders of Hyperloop One. The SpaceX competition succeeded in opening up the Hyperloop market to new and innovative companies. Hardt Global Mobility.

SpaceX 100
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Milken’s Global Conference | Inspiring, Surreal and Transformative

Tech Zulu Event

Joining him on the panel was Kimbal Musk, CEO of The Kitchen Community and co-founder of PayPal and SpaceX. For example, the entrepreneurs they have funded under their strict social impact criteria are solving problems in bilingual education, disrupting payday lending or even finding low cost solutions to prison phone calls.