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NXCR, Led By Scott Painter, Scores $30M In Seed Funding

socalTECH

Los Angeles-based NXCR, a new, subscription car startup led by automotive startup veteran Scott Painter, has raised $30M in a seed funding, based on an internal employee email obtained by socaltech. According to the email from Painter, the funding is the company's first external equity financing.

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Pipe Picks Up $60M For SaaS Financing

socalTECH

Los Angeles-based Pipe Technologies , which is developing a subscription financing platform to help software companies finance their businesses without debt or dilution, has raised $60M in a funding round, the company said on Wednesday.

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Startup Boost Targets Los Angeles With Pre-Accelerator Program

socalTECH

Do you have a startup idea, and a team, but no seed funding, and are even too early for an early stage startup accelerator? The program said it is free to companies who are participating, and also does not take any equity in companies who participate in the program--neither does it invest in those companies.

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Blast Picks Up $5M For Micro Savings Startup

socalTECH

According to Blast, the company's $5M seed funding came from Forbes and Roth families, Core Innovation Capital, Great Oaks Venture Capital, Snowmass Private Equity, Wilson Sonsini Goodrich & Rosati, and others.

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Fika Ventures raises $76M to fund the growing LA tech ecosystem

TechCrunch LA

So far this year, companies headquartered in the area have attracted roughly $25 billion in equity funding, according to data collected by PitchBook. The timing is ripe for a fund like ours to capitalize on the opportunity.” News of Fika’s second effort comes as investment in LA tech continues to reach record highs.

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10 Ways To Get The Capital You Need For Your Startup

Startup Professionals Musings

For example, professional investors put great priority on your previous experience in building a business, and they expect to own a portion of the business equity and control for the funds they do provide. Trade equity or services for startup help. Another common example is exchanging equity for legal and accounting support.

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Alternative Accelerators and Start-Up Resources

SoCal Tech Calendar

Today, start-ups have more choices for accessing business resources and seed funding than ever. The next Mobile LAVA will present some of these different equity partners available to start-ups in today’s rapidly evolving tech landscape.

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