Electric charging gets more juice as Soros Fund Management makes a bet on Amply Power

TechCrunch LA

Soros Fund Management, the financial investment vehicle led by famed investor George Soros, is placing a small, $13.2

Funding in the Time of Coronavirus

Both Sides of the Table

I had originally signed up to talk about the “VC Market Trends” overall but it seemed inauthentic to speak about VC funding without addressing the virus in the room. So I wrote a brand new deck outlining some Upfront views on what we may see in the funding markets ahead.

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Bird investor Upfront Ventures eyes $250M growth fund

TechCrunch LA

Securities and Exchange Commission to raise its third growth-stage investment fund. One of the oldest VCs rooted in LA, Upfront previously closed on $400 million for its sixth flagship early-stage fund in 2017.

With its third fund, Revolution Ventures stays true to its mission

TechCrunch LA

AOL co-founder and former chief executive officer Steve Case’s venture capital fund, Revolution , deploys capital to companies “outside of the hotbeds.” Today, Washington, DC-based Revolution is announcing its latest fund.

Wavemaker Three-Sixty Health Launches New Fund

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Pasadena-based Wavemaker Three-Sixty Health , a healthcare innovation fund led by Jay Goss and Dr. John Nackel, says it has launched a new venture capital fund, Wavemaker Three-Sixty Health Fund II. Size of the new fund was not announced. According to Wavemaker 360, the fund focuses on healthcare start-ups seeking seed-stage investment, and importantly avoids biotech.

Amplyx Pharmaceuticals Adds $53M In Funding

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San Diego-based Amplyx Pharmaceuticals has raised $53M in a Series C extension funding, bringing its Series C funding to over $90M, the comapny announced this morning. the company said the funding will go towards advancing clinical development of two innovative product candidates for the treatment of life-threatening diseases affecting patients with compromised immune systems. immune lifescience biotech funding capital venture pharmaceuticals amplyx

UpKeep Technologies Hits $49 Million in Funding

L.A. Business Journal

the Westwood-based work-order management software developer, said it has raised $36 million in a Series B, bringing the company’s total funding to $48.8 UpKeep Technologies Inc.,

eTailPet Finds $800K Seed Funding

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Los Angeles-based eTailPet , a new startup which helps pet store owners create online e-commerce sites, has received a round of seed funding, the company said this week. The seed funding was worth $800K, and led by Moonshots Capital, and also included individual angels from the pet industry. According to eTailPet, the funding will go to accelerate its business. moonshot ecommerce petstore funding seed capital venture etailpet

eTailPet Finds Seed Funding

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Los Angeles-based eTailPet , a new startup which helps pet store owners create online e-commerce sites, has received a round of seed funding, the company said this week. Size of the funding was not announced. The funding was led by Moonshots Capital. etailpet venture capital seed funding petstore ecommerce moonshot

Apeel Sciences Snags Massive $250M Funding

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Goleta-based Apeel Sciencs , a startup developing technology which coats fresh fruit and vegetables with what it calls an "extra peel" to help preserve fruit for longer, has raised a huge, $250M funding round, the company said on Tuesday. The funding was led by GIC. The funding--which values the company at over one billion dollars--adds the company to Southern California's list of "unicorn" companies.

Thin Line Capital Launches New Energy, Sustainability Fund

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Pasadena-based Thin Line Capital announced this morning that it has launched a brand new, energey and sustainability fund, which will invest in cleantech investing. The new firm, led by serial entrepnd investor Aaron Fyke, said its seed stage fund has had its first close of over $5 million. Thin Line Capital is linked with venture capital firm Wavemaker, which is partnering with Thin Line Capital to establish the new fund.

5 Keys To Vetting Investors Before You Accept Funding

Startup Professionals Musings

Struggling entrepreneurs are often so happy to get a funding offer that they neglect the recommended reverse due diligence on the investors. Taking on equity investors to fund your company is much like getting married – it is a long-term relationship that has to work at all levels.

JenaValve Finds $50M Funding

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The funding was led by Bain Capital Life Sciences, and also included existing investors Andera Partners, Gimv, Legend Capital, NeoMed Management, RMM, Valiance Life Sciences and VI Partners. As part of the funding, Bain Capital's Andrew Hack, MD, Ph.D., The company said the new funding will supports it ongoing clinical program. Irvine-based JenaValve Technology , which develops aortic valve replacements, said last week that it has raised $50M in a financing round.

Vid Gets Strategic Funding

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capital venture social platform video funding strategicLos Angeles-based Vid , a startup developing a social video platform, announced late Monday that it has received a strategic investment from Ontology, a developer of blockchain technology. Financial terms of the investment were not announced. Vid--which has yet to launch its product--says it is developing a video journaling application, where data is secured through "zero-knowledge" encryption and which is powered by Blockchain.

LegalMation Lands Funding Round

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Los Angeles-based LegalMation , a startup which develops artificial intelligence and machine learning-based software for litigation and law practices, has raised a round of funding, according to the company. Size of the funding was not announced. litigation legal software learning machine intelligence artificial funding capital venture legalmation

M13 Raises $175M for Second Fund

L.A. Business Journal

Virgin Group Richard Branson invests in M13’s $175 million fund

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Miramar Digital Ventures Targets New $100M Fund

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Corona Del Mar-based Miramar Digital Ventures is in the midst of raising a new, $100M venture capital fund, according to a filing from the firm this week. According to the regulatory filing, the firm has raised $68.75M from 14 investors as part of an ongoing fundraising for the firm's second fund, Miramar Digital Ventures II, L.P. , in what appears to be the first close on the fund. No details on the fund have yet been released by the venture capital investment firm.

Clarify Medical Gets $18M Funding

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San Diego-based Clarify Medical , a developer of light-based systems for treating chronic skin conditions, has raised $18M in a new funding, according to investor H.I.G. Biohealth Partners said it was the co-lead on the funding, which it called a "commercialization round" for Clarify Medical. therapy light home commercialization funding capital venture medical clarify

Robin Games Gets $7M In Seed Funding For Women's Games

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Venice, California-based Robin Games , a startup that is developing mobile games aimed at women, has raised $7M in a seed funding round, the company said on Thursday. The funding was led by LVP, and also included 1Up Ventures, Alpha Edison, Everblue Management, firstminute Capital, Greycroft Tracker Fund, Hearst Ventures and Third Kind Venture Capital. lifestyle capital venture funding seed mobile women games robin

Chatmeter Finds Private Equity Funding

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Providence Strategic Growth is the growth equity fund of Providence Equity Partners. chatmeter private equity funding venture capital local search marketing reputation managementSan Diego-based Chatmeter , a provider of local search marketing and reputation management services for multi-location businesses, has raised a round of investment from private equity investor Providence Strategic Growth (PSG). Financial details of the investment were not announced.

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Aspiration Draws $135M More In Funding

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Los Angeles-based Aspiration , which offers up financial services, no-fee checking accounts, and a debit card focused on socially conscious spending, has raised $135M in funding, the company said Thursday. The Series C funding came from Alpha Edison led, along with UBS O'Connor Capital Solutions, DNS Capital, Radicle Impact, Sutter Rock, Jeff Skoll, Joseph Sanberg, Social Impact Finance, the Pohlad Companies, and AGO Partners.

Source Photonics Finds $40M Funding

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West Hills-based optical transceiver developer Source Photonics announced late last night that it has raised $40M in a new equity funding round, to support its data center and 5G business. The company--whose components are used for optical networking--did not disclose the name of the investors in the new equity funding round. The company said the new funds came from both new financial as well as strategic investors.

BURST Oral Care Finds New Funding

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Los Angeles-based BURST Oral Care , a manufacturer of electric toothbrushes, has raised a Series C funding round. Size of the funding was not announced. BURST Oral Care said the new funding was led by Goldman Sachs Growth Equity (GS Growth), and comes on top of an earlier $20M in funding from Volition Capital and angels.

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Reveleer Finds New Funding

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The company said the funding was led by Boston Millenia Partners, and also included existing investor Upfront Ventures. Glendale-based Reveleer , a developer of cloud-based software used for managing medical data, has raised a Series C found of financing, the company said this week. Reveleer provides its software to healthcare payers, such as health plans and Managed Care Organizations (MCOs), helping them to manage their risk quality and quality improvement programs.

Pathnostics Finds Strategic Funding

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healthcare lifescience testing diagnostic urology strategic equity private funding capital venture pathnosticsIrvine-based Pathnostics , which offers up diagnostics tests and services in for urology, women's health, gastroenterology and cancer, has received a strategic investment from Chicago-based private equity investor Water Street Healthcare Ventures, the companies said on Wednesday. Financial details of that investment were not announced.

Upfront Ventures Raised New $280 Million Fund

Both Sides of the Table

We’ve been dying to tell you all for a while that we had raised a new venture capital fund and of course given SEC filing requirements the story was somewhat already scooped by the always-in-the-know Dan Primack a few weeks ago. Wait, didn’t you just raise a fund?

Kairos Venture Partners Raising New, $250M Fund

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Beverly Hills-based Kairos Venture Partners , which is led by General Manager James Demetriades, is looking to raise $250M in its third fund, Kairos Venture Partners III, L.P. According to the filing, the fund has yet to make its first sale in the new fund. kairos ventures venture capital fund technology transfer scientific advancement

AristaMD Finds $18M In Series B Funding

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San Diego-based AristaMD , a developer of telehealth software, which allows primary care providers to conduct and document electronic medical consultations, has raised $18M in a Series B funding round. The funding was led by Cigna Ventures and MemorialCare Innovation Fund (MCIF), and also included Avalon Ventures, CU Healthcare Innovation Fund and Stanford Health Care.

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What I’ve Learned About Venture Funding

Both Sides of the Table

VC funding. We love capital efficiency until we love land grabs until we abhor over funding until we get huge payouts and ring the bell for more funding until we attract every non-VC on the planet to invest in startups until it crashes and we start the cycle all over again none the wiser.

6 Keys To Managing Funding From People Close To You

Startup Professionals Musings

The only way an entrepreneur can really dodge this issue is to totally fund the startup with personal funds (bootstrapping). For entrepreneurs, friends and family money usually represents the smallest increment of funding, yet requires the most time to manage.

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

TechCrunch LA

The Los Angeles ecosystem is $76 million stronger today as Fika Ventures , a seed-stage venture capital firm, announces its sophomore investment fund. The timing is ripe for a fund like ours to capitalize on the opportunity.”

Avidity Biosciences Finds $100M In New Funding

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La Jolla-based biotechnology developer Avidity Biosciences , which is developing treatments for rare muscle disorders and other diseases, has raised $100M in a Series C funding, according to the company this morning. Avidity Biosciences said that Eli Lilly and Company also particpated in the funding, contributing $15M in connection with a research collaboration between the two companies. As part of the funding, RTW Investments managing partner Roderick T.

Casa Verde Capital Raises $45M Investment Fund

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West Hollywood-based Casa Verde Capital said this week that it has raised $45M in its debut, investment fund, which will specifically invest in the "ancillary cannabis" industry. broadus calvin rapper snoop fund agtech cannabis investment venture capital verde casa

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HeyTutor Raises $1.0M In Funding

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in what looks like a convertible note funding, based on a regulatory filing by the company. Details on the funding round, which is likely a bridge into a full equity funding, have not been announced. The funding was disclosed on Friday in a publicly available filing. According to the filing, the funding came from a single investor. heytutor venture capital convertible note funding investment scop market marketplace seed

6 Insights To Current Funding Trends For Your Startup

Startup Professionals Musings

Venture capitalists (VCs) have long been seen as the top of the pyramid for startup funding sources, but in fact angel investors now fund over twice as many companies, according the Crunchbase. funding sources super angels trends venture capital

Centercode Finds $4M In Ongoing Funding

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Laguna Hills-based Centercode , a developer of software used for managing product and customer testing efforts, has raised $4M as part of an ongoing, $6M funding round, according to a regulatory filing by the company this week. Details on the funding have not yet been announced. hggc parallax capital venture testing customer product funding centercode

Tech Coast Angels Orange County Launches The TCA OC Fund 20

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The Orange County arm of Southern California's largest, angel investment group--the Tech Coast Angels --said today that it has opened up a new fund, the TCA OC Fund 20 , the first in a set of annual funds which will go to invest in startups in the region. According to the Tech Coast Angels Orange County (TCA OC), the fund will be replenished each year. The new fund will take investments from the TCA's accredited members only.

Retina.AI Finds $2.5M In Funding

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more in funding, the company announced on Tuesday. The funding came from prior investor Crosscut Ventures. The company said the new funding will go towards expanding its services. Los Angeles-based Retina has raised $2.5M Retina develops customer lifetime value software which companies used to determine how much their customers are worth to them, helping them to optimize their cost-per-acquisition. The company's CEO is Michael Greenberg.

Myosana Therapeutics Finds $1M In Funding

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Newport Beach-based Myosana Therapeutics , a biotech company which is working on technology for non-viral gene delivery, has raised $1M in its seed funding round, the company said this morning. The funding came from CureDuchenne Ventures. The company said the new funding will go towards development of its non-viral gene therapy, for delivering a treatment for Duchenne muscular dystrophy (DMD).

Should Startups Announce Their Funding?

Both Sides of the Table

Understanding “The Funding Angle” I sit at enough board meetings to hear conflicting advice given to entrepreneurs about how to handle PR and announcements at startups. Is Funding a Worthy Announcement? ” Funding IS the story. Funding is news.

Changes in the Venture Capital Funding Environment

Both Sides of the Table

The funding environment for tech startups is an ever shifting ground as we go through predictable shifts that go hand-in-hand with the slowing of the overall market. Explosion in Seed Funds. Now seed funding is conventional wisdom.

SGI-DNA Finds $25M In Funding

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San Diego-based SGI-DNA , a biotech company which is developing synthetic genomics and dna data storage technology, announced this morning that it has raised $25M in its Series A funding round. The funding was led by Northpond Ventures, and also included Oxford Finance and BroadOak Capital partners. funding venture capital synthetic genomics syntheticgenomics analysis lifescience biotech biotechnology sequencing

Halla AI Platform for Ecommerce Raises $1.4M Seed Funding

L.A. Business Journal

million in seed funding led by New York-based E&A Venture Capital Burbank-based Shag Enterprises Inc, an artificial intelligence company that’s created a predictive platform for online ordering, announced on May 15 it raised $1.4