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MaC Venture Capital Launches $103M Seed Fund

socalTECH

Los Angeles- and Palo Alto-based MaC Venture Capital has launched a new, $103M seed stage investment fund today, saying it plans to invest in technology startups across the fintech, e-commerce and marketplaces, interactive media, connectivity, enterprise SaaS, space and aerospace, logistics, and other sectors.

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Here is How to Make Sense of Conflicting Startup Advice

Both Sides of the Table

Draw from Frameworks. The most helpful type of advice in my mind are frameworks for how to solve a problem. On market segmentation I often recite my “ Elephants, Deer & Rabbits ” framework. Fund raising ? Each is a framework for thinking about a problem. For example: 1. Triangulate.

Startup 407
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Mythical Games raises $75M to build an NFT game engine

TechCrunch LA

Even as NFT sales dip below their most speculative highs, startups aiming to tap into their potential are still scoring big funding rounds from investors who believe there’s much more to crypto collectibles than the past few months of hype. The round was led by WestCap. The startup has raised a whopping $120 million to date.

Platform 308
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Brian Garrett, Crosscut Ventures, On Mental Health And Investing In Founders

socalTECH

We want to change the culture and framework of the I'm killing it culture of early stage entrepreneurship, where you're expected to hold everything inside, even if you're struggling, and where you don't feel like you have an outlet for the feelings you are experience as you build your business.

Invest 113
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Qualcomm Backs MapR's Hadoop Technology

socalTECH

San Diego-based Qualcomm Ventures , the venture capital arm of Qualcomm, has put its funding behind MapR , the company behind the big data software framework called Hadoop. MapR said today that it has raised $110M in a giant funding round, which was led by Google Capital, and also included Qualcomm Ventures.

Redpoint 147
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Movio wants to make your marketing videos with generative AI

TechCrunch LA

One of them is Movio , a two-year-old startup leveraging generative AI along with other machine learning frameworks like GAN to make videos featuring talking human avatars. It has so far raised around $9 million in funding from investors including IDG, Sequoia Capital China and, most recently, Baidu Ventures.

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Realtime Raises $100M, Opens Office In Santa Monica

socalTECH

The new funding came from BRTech Holding, a Sao Paulo-based technology investment firm. The firm said its technology framework works with NODE.JS, Javascript, ASP.net, Java, PHP, iOS, Android, and Windows Phone, and revolves around providing a many-to-many, cloud-hosted messaging system for web applications.