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Akatsuki Lauches $50M Entertainment Investment Fund

socalTECH

Japanese entertainment firm Akatsuki has launched a brand new, Los Angeles-based entertainment fund, called the Akatsuki Entertainment Technology Fund (AET Fund) , which will invest in augmented reality and other entertainment technology, the Japanese company announced on Tuesday. READ MORE>>.

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LA's AET Fund Raises $50M For Entertainment Technology Investment

socalTECH

A new, Los Angeles venture capital fund, AET Fund said on Wednesday that it has raised $50M to make investments in entertainment technology, and hired someone to head up its U.S. AET Fund had said last year that it would be establishing its venture funding efforts in Los Angeles. investment efforts.

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VersusGame Scores $3M From Music, Entertainment Names

socalTECH

A number of Southern California music and entertainment names are backing a Silicon Valley prediction startup, VersusGame, in a $3M funding.

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Encantos Raises $2M For Family Education, Entertainment Service

socalTECH

Culver City-based Encantos , a developer of family entertainment and education titles, has raised $2M in a seed funding round, the company announced this morning. The startup said it will use funding for its subscription services, which revolve around hands-on craft activities for pre-school and primarly school age children.

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Glytch Finds Series A Funding

socalTECH

Los Angeles-based Glytch, a startup which says it is combining location-based entertainment with professional esports arenas, says it has raised a Series A funding round, led by Benevolent Capital. Glytch said that Benevolent Capital, led by Brett Johnson, has acquired the majority of its preferred Series A funding.

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Electric Monster Gobbles Up Funding And A Brand

socalTECH

Los Angeles-based Electric Monster, a new startup which focuses on digital entertainment, said on Thursday that it has raised a "major round" of funding, and acquired React Media. Size of the funding was not announced.

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Maestro nets $15 million for its interactive commerce, community and engagement tools for livestreams

TechCrunch LA

Making money on livestreams has never been easier thanks to a suite of tools from the Los Angeles-based startup Maestro , which just nabbed $15 million in financing to grow its business. But what started in the gaming world quickly spun out as the company slashed prices to $500 per month for its services.

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