La Jolla-based molecular dermatology startup DermTech announced today that it has raised $10M in its Series C funding round, part of an ongoing $15M financing effort by the company. The startup, which is developing precision medicine technology for the diagnosis and treatment of skin cancers, inflammatory diseases, and other skin diseases, said the funding included investments by RTW Investments, along with other private investors. MORE

Illumina Ventures , the early-stage venture capital investor which was founded by San Diego-based life sciences equipment maker Illumina , says it has raised $230M for its first fund. The venture capital investment fund said it is focused on genomics, and will invest in companies in the areas of life science research, clinical diagnostics, novel therapeutic platforms, and other technologies impacting human health. The fund launched in summer of 2016 with $100M from Illumina. MORE

It's turning out to be a great time for entrepreneurs looking for funding in the region, with not only high profile exits of such companies as Snap Inc., but a bunch of new, early stage investors looking to seed or fund the next big tech success story. Fund size: $40M. MORE

million in series A funding. Underwriting for this round of funding was provided by Companion Fund, a $100 million pet-centered venture capital fund, as well as Struck Capital, TTV Capital and SWS Venture Capital Eagle Rock’s Scratch Financial Inc., doing business as Scratchpay, announced June 19 that it received $6.4 MORE

In the latest fund in an unprecedented boom in local investment funds, Los Angeles-based Pontifax AgTech Management announced this morning that it has closed on its first fund, a $105M fund calld the Pontifax Global Food and Agriculture Technology Fund. Pontifax AgTech said LPs in the new fund included financial institutions, university endowments, investment firms, large-scale growers and family offices. MORE

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. The new investment fund's Managing Director is Tomoya Ogawa, who is CFO of Akatsuki. MORE

BlueCart said this week that it raised $5M in its Series B-1 funding, bringing its total raised to $22M. Greycroft Ventures , which has a big presence in Los Angeles, has backed Silicon Valley-based BlueCart , a developer of machine learning software and other tools for the hospitality industry, to the tune of $5M. MORE

The equity funding was led by Longitude Capital, and also included Gilde Healthcare. According to Axonics, Juliet Bakker of Longitude joins the company's board with the funding. Irvine-based Axonics Modulation Technologies , which is developing medical devices for treating urinary and bowel dysfunction, said today that it has raised $40.1M in financing, split between $20.1M in equity and $20M in a credit facility. MORE

Murrieta-based Forentis Partners , a new venture capital investment fund, said Monday that it has launched the Forentis Fund , a new, $50M special purpose venture fund specifically focused on bringing personalized medical solutions to market. forentis venture capital fund personalized medicine biotech biotechnology pharmaceutical diagnostics lifescience MORE

in a Series C funding. SiFive said the funding round came from Sutter Hill Ventures, Spark Capital and Osage University Partners plus Chengwei Capital, Huami, SK Telecom and Western Digital. riscv capital venture developer processor risc funding sifive digital westernWestern Digital , which has major operations in Irvine, is one of the backers in a new round for RISC processor developer SiFive , which announced on Monday morning that it has raised $50.6M MORE

Los Angeles-based Funraise , the Los Angeles startup which develops customer relationship management (CRM) and other technology for nonprofits, says it has created a new, $600,000 fund to provide grants to nonprofits. Funraise said its new "Future Fund" --registered as a 501(c)3--will support nonprofit organizations and activists, and is supported by grants from Apple, WeWork, Funraise, and others. funraise nonprofit funding grant software MORE

The funding came from private equity investor Primus Capital. Certona said the funding will go towards growing market share, product development, and expanding services and support. certona venture capital growth funding private equity recap personalization software saas ecommerceSan Diego-based Certona , a developer of personalization software which uses machine learning and predictive algorithms, has raised $30M in a combined growth investment and minority recapitalization. MORE

trillion spending bill to fund federal agencies for the rest of the fiscal year and avert another government shutdown. The 2,232-page legislation included a $3 billion funding increase for the National Institutes of Health (NIH), the second largest in the health agency’s history. MORE

As the firm looks ahead to its own future, Suster and the firm he’s helped grow remain committed to the future of Los Angeles. MORE

Aliso Viejo-based Visionary Venture Fund , a new venture capital firm specifically focused on only investing in opthalmology companies, has closed its first round of funding for a targeted $30M venture fund, the company announced on Tuesday. Visionary Venture Fund is partnered with technology and life sciences accelerator OCTANe. Jeffry Weinhuff is Managing Partner of the new fund. visionary venture capital fund opthalmology opthalmologic octane MORE

Los Angeles-based CarLabs , a new startup developing conversational "bots" to guide users through car shopping, has scored an angel funding, the company said late last week. The ange funding came from Mitch Glub (former founder of Cars.com); Tom McAlear (former COO of DaimlerChrysler Services); and Kevin Keegan (former President, InsWeb, and SVP at JD Power). Size of the funding round was not announced. MORE

Management , a new investment fund, said it its targeting the blockchain market, with a new $6M fund. According to Maco.la, it has a target of raising a total of $40M for its fund. The new investment fund is led by Mark Strome. The fund's CEO is Ron Reed. macola blockchain investment fund venture capitalLos Angeles-based Maco.la MORE

Science closes $75 million fund; Elon Musk’s Boring Co. sells all its flamethrowers; and Snapchat is selling hats and sweatshirts inside its app MORE

A successful start-up requires funding, mentoring, and smart connections. Thursday, March 15, 2018 -- Join us for an evening celebrating entrepreneurship at Expert Dojo, Santa Monica CA. Presented by the Pasadena Angels in partnership with LAVA and Expert Dojo Launching a successful start-up requires more than grit, caffeine and an innovative idea. MORE

The new $250 million funding round was co-led by Coatue Management and DST Global. DoorDash has upped its valuation to $4 billion with a new $250 million financing round, five months after it raised $535 million to gain its “unicorn” status. CEO Tony Xu told Axios’ Dan Primack that the company hadn’t been actively seeking new financing. MORE

Los Angeles-based Appetize , which develops modern, point-of-sale systems that use tablets and handheld devices to replace antiquated POS systems, has raised $23M in a Series B funding, the company said this week. The funding came from 32 equity, the NFL's investment arm. Appetize says it has now raised more than $50M in funding. MORE

15 it completed a funding round of $5 million in total, comprised of investments from six venture capital firms Marina del Rey advertising blockchain firm Lucidity (an affiliate of KR8OS Inc.) announced Aug. MORE

Aliso Viejo-based Tagnos , a developer of clinical logistics automation software for the hospital and clinic market, announced on Thursday that it has received a funding from Cisco Investments. Tagnos said the funding came through the the Cisco Webex Innovation Fund. The funding comes on top of an earlier, Series A funding from Benhamou Global Ventures, Morpheus Ventures and Zebra Ventures, which was worth $5M. MORE

Los Angeles- and London-based MTech Capital , a brand new venture capital fund focused on the insurance technology, or "InsureTech" market, says it has raised a new, $75M venture capital fund. According to MTech Capital, the new fund has three anchor investors, including CNA Financial Corporation, NN Group, and a top-3 global insurance company. mtech capital insurance technology insuretech investment fintech venture fund finance MORE

Primarily focused on backing Los Angeles-based technology startups, the new fund has already committed capital to three deals, Heller confirmed. MORE

Marina Del Rey-based Moving Analytics , a developer of software and programs to help cardiac patients complete their rehab at home, has raised a funding round from OCA Ventures. Size of the funding was not announced. moving analytics venture capital software funding ventures lifescience healthcare health cardiac rehab rehabilitation program MORE

Lindora said the funding came from Montage Capital, along with Solis Capital Partners and Innovate Partners. According to Lindora, the new funding will go towards expansion of clinic locations and extend its line of naturally flavored, gluten free, clean-label food products. lindora growth funding medical weight loss wellness venture capital lifescience MORE

Primarily focused on backing Los Angeles-based technology startups, the new fund has already committed capital to three deals, Heller confirmed. MORE

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 MORE

GroGuru , a startup developing irrigation automation technology for the agriculture industry, has raise $250,000 in a seed funding from Western Growers and Radicle Growth. The funding was part of the Radicle Automation Challenge, a competition which focused on technology to improve on-farm efficiencies in the light of a severe labor shortage in the agricultural market. groguru agriculture agtech venture captial seed angel funding farm farming evonexus MORE

Los Angeles-based ENTITY , a new media company focused on women, has raised a seed funding round, the company said this week. The funding was led by Susan Rockefeller. entity seed funding venture capital media content women genz millennial nextgen female mentorshipAccording to ENTITY, it is creating a new "experiential media" company focused on "empowering and educating NextGen women". MORE

Los Angeles-based Villiger , a startup developing a mobile app to help parents book tutors, baby sitters, and other services, has raised a seed round of funding, the company said this week. Size of that funding round was not announced. The company said the funding came from Mangrove Capital, Nir Zohar (President and COO, WIX), and Stephen Stokols (CEO, FreedomPop). villiger venture capital mobile mangrove seed funding smartphone parents parenting children kids MORE

As the firm looks ahead to its own future, Suster and the firm he's helped grow remain committed to the future of Los Angeles. MORE

I was recently with an entrepreneur and talking with him about his fund raising process. She had emailed with a partner at a big VC fund and he had passed the request to a junior associate. But confidence is CRITICAL in fund raising. MORE

According to ThereOx, the proceeds of the funding will go towards the U.S. lifescience biotech capital venture kasei asahi zoll infarction myocardial acute device medical funding debt theroxIrvine-based medical device company TherOx , which is developing medical devices to treat acute myocardial infarction (AMI), recently announced it has received a debt financing. The financing came from its existing investors, ZOLL Medical Corporation, which is owned by Asahi Kasei Group. MORE

in seed funding. The company intends to use the funds for continued platform expansion and sales & marketing efforts. Blog Fundraising Mobile News Funding Internet Slider Yapert, a San Diego, CA-based interactive mobile magazine, raised $1.2m MORE