TechCrunch LA

OCTOBER 29, 2021

Salted , a Los Angeles-based startup creating digitally native quick-service restaurant brands, brought in a new round of $16 million in Series A funding to continue its nationwide expansion. The new investment joins with a $4 million seed round raised in May. Riley Financial. million in annual sales, he added.

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socalTECH

JANUARY 25, 2021

Los Angeles-based Perch, a startup which operates a service that lets users build their credit by paying for Netflix, Spotify, Hulu, and other services on credit, has scored an investment from financial giant Citi, via Citi's new Citi Impact Fund. Size of the investment was not announced.

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TechCrunch LA

AUGUST 9, 2022

The funding, a Series C, will be used to continue expanding Boulevard’s product and engineering teams and to build out more tools targeting an ever-wider set of users in the bigger wellness and beauty sector (those product additions are typically big — it most recently added a whole new payments feature). Focusing on the U.S.

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TechCrunch LA

JANUARY 25, 2022

Now it’s picking up some funding along with an endorsement Europe to further its growth. The startup has received €50 million (just under $57 million at today’s rates) from the European Investment Bank, the funding arm of the European Union. The funding from the EIB ticks a couple of different boxes for the EU.

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socalTECH

FEBRUARY 8, 2018

Los Angeles- and Austin-based Moonshots Capital , the venture capital fund led by serial entrepreneur Kelly Perdew, is ramping its investment pace, with the first two formal investments out of its new fund. seed funding in that firm. Moonshots also led the investment in New Knowledge.

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TechCrunch LA

OCTOBER 19, 2021

In addition to San Francisco, the company is now operating in Los Angeles. The new capital comes as Locale expands farther into San Francisco and Marin County this month and adds a new “locale” in Los Angeles in November. Other investors include Goodwater Capital and Esas Ventures.

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socalTECH

JUNE 25, 2020

In a move to help make Black professionals easier to connect, Los Angeles-based Valence said on Thursday that it has launched a new, social networking service, with backing from investments from Upfront Ventures, Sequoia Capital, and Accel. READ MORE>>.

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socalTECH

MAY 19, 2020

Los Angeles-based Assembly , a developer of e-commerce tools and software, has received what it says is a "significant investment" from private equity investor Providence Strategic Growth. Financial terms of the investment were not announced. Assembly is led by co-founder and CEO Sandeep Kella.

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TechCrunch LA

AUGUST 16, 2020

Over their longtime personal and professional relationship, the two Los Angeles-based serial entrepreneurs have invested in each other’s companies and investment firms, but never worked together until now. The plan, even at the time, was always to raise a larger fund. “I see two things happen.

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socalTECH

SEPTEMBER 23, 2021

Los Angeles-based Perch Mobility, a startup that is developing portable charging "pods" aimed at helping professional chargers and scooter operators to bulk-charge scooters and e-bikes, says it has scored seed funding for its efforts. The company said the funding came from Lorentzen Investments.

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socalTECH

MARCH 20, 2013

In what can only be good news for local startups, venture capital investment firm Greycroft Partners said this morning that it has named Mark Terbeek as a new Partner in its Los Angeles office. Terbeek will help current LA partner Dana Settle in vetting deals for the firm. READ MORE>>.

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TechCrunch LA

MARCH 23, 2019

According to Business Insider , it has worked with Uber in the past to help deep-pocketed Coachella attendees fly to and from the Van Nuys Airport to Palm Springs, renting out six-seat helicopters for more than $4,000 a pop. Called UberAIR, Uber will offer short-term shareable flights to commuters as soon as 2023.

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TechCrunch LA

DECEMBER 15, 2020

That early vision resonated so well, that the firm has grown from managing one fund of $212 million to holding roughly $1.2 It has also come to the realization that the investment vehicles they’re currently managing have one huge blind spot — climate-related technologies. billion in assets under management.

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socalTECH

APRIL 14, 2020

Los Angeles-based Q-CTRL , a company that is developing quantum computing and control technology, has received a strategic investment from In-Q-Tel (IQT), the investment arm of the U.S. Size of the funding was not announced. Size of the funding was not announced. intelligence community.

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TechCrunch LA

MAY 23, 2019

The Los Angeles ecosystem is $76 million stronger today as Fika Ventures , a seed-stage venture capital firm, announces its sophomore investment fund. Fika invests roughly half of its capital exclusively in startups headquartered in LA, with a particular fondness for B2B, enterprise and fintech companies.

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TechCrunch LA

JULY 2, 2020

When it comes to venture capital, Los Angeles is a city on the rise. While Los Angeles has a lot going for it, that also means it potentially has a lot to lose in the current economic downturn. How much is Upfront focused on investing in the local LA ecosystem versus less geographically focused? .

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socalTECH

JUNE 3, 2014

Fresh Nation , a startup operating an online marketplace for farmers, said this morning that it has raised $1M in a seed funding round, to help it expand into Los Angeles. According to the startup, the investment came from Lightspeed Venture Partners and Lerer Venture. READ MORE>>.

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TechCrunch LA

OCTOBER 27, 2020

The 29 year-old CEO has, indeed, built a decentralized ghost kitchen — and managed to convince Softbank’s latest Vision Fund to invest in a $120 million round for that the company announced today. “Nextbite is a portfolio of delivery-only restaurant brands that exist only on UberEats, DoorDash, and Postmates.”

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socalTECH

JANUARY 17, 2018

Los Angeles-based "software innovation studio" Originate announced late Tuesday that it has received a strategic investment, from Pacific Growth Investors. Size of the investment were not announced. Originate said the new funding will go towards working capital and international expansion. READ MORE>>.

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TechCrunch LA

JANUARY 26, 2020

The Los Angeles startup community is joining the rest of the world in mourning the death of NBA superstar, entrepreneur and investor Kobe Bryant who was killed in a helicopter crash in Calabasas, Calif., Last year, the investment firm expanded with a $1.7 shortly before 10 a.m. You will be missed, @kobebryant.

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Both Sides of the Table

JUNE 29, 2017

I am so proud and humbled to be able to formally announce that Upfront Ventures has raised its 6th venture capital fund in the past 21 years. Upfront VI is our latest core fund and is $400 million to invest in early stage entrepreneurs. This brings our combined funds under management to nearly $2 billion.

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socalTECH

JULY 23, 2012

There's been a surge in startup accelerator activity in Los Angeles in the last year, as interest in starting a company in the region has grown, and a wide range of experienced entrepreneurs and investors have pitched in to help companies get to the next level. Of that, $97.47 Image courtesy Bigstock. READ MORE>>.

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socalTECH

OCTOBER 30, 2020

Los Angeles-based SUMA Wealth , a startup which operates an online platform designed to help U.S.-born, born, Millennial Latinos with financial literacy, has raised a round of funding, the company announced this week. According to the company, it received a pre-seed funding round from a number of female investors.

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socalTECH

SEPTEMBER 23, 2019

Raising capital for a female-led startup can be very diffiult--which is what Justine Lassoff and Melinda Moore found out when they started their own company, LovingEco, in Los Angeles. Justine Lassoff: Melinda and I founded TuesdayNights to help women connect and to impact change through networking events and infinite gatherings.

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socalTECH

FEBRUARY 26, 2020

Los Angeles-based venture investor Fifth Wall has raised a new, $100M venture capital fund, which it says will invest in "emerging brands and retail concepts". Fifth Wall said this new fund includes more than 50 corporate strategic investors. READ MORE>>.

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socalTECH

SEPTEMBER 10, 2020

A new, climate-focused investment fund--the VertueLab Climate Impact Fund --said it launched yesterday afternoon, fueled by a donation from a couple of Los Angeles area philanthropists. VertueLab said its new new fund allows participation by foundations, donor-advised funds, individuals and corporations.

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socalTECH

SEPTEMBER 21, 2015

Jaunt , a developer of cinematic, virtual reality hardware and software, said this morning that it has opened up a new, virtual reality studio in Los Angeles, after receiving $65M in a Series C funding. READ MORE>>.

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TechCrunch LA

APRIL 28, 2020

Soros Fund Management, the financial investment vehicle led by famed investor George Soros, is placing a small, $13.2 million bet, alongside Siemens and a host of other investors into the Los Angeles-based electric charging startup, Amply Power.

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Both Sides of the Table

DECEMBER 16, 2014

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? Was it hard to raise the fund?

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socalTECH

JULY 26, 2011

The Los Angeles area ranks among the top markets for activity on the angel investment service AngelList , according to new statistics released by the service Monday. According to AngelList, Los Angeles was third in the list of top five locations with activity on the service.

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socalTECH

MARCH 30, 2020

Los Angeles-based venture investor Moonshots Capital is the lead investor in Zabo , a developer of software which helps financial institutions link bank accounts to cryptocurrency wallets. Moonshots Capital frequently invests in startups founded by military veterans, and Brown is an Air Force veteran. READ MORE>>.

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TechCrunch LA

SEPTEMBER 18, 2019

Most of the venture capital firms covered in TechCrunch and other tech publications compete for a spot on the cap table of the hottest Bay Area, New York or Los Angeles companies of the moment. Today, Washington, DC-based Revolution is announcing its latest fund. Few seek out companies in Indianapolis, Milwaukee or Tampa.

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socalTECH

MAY 30, 2019

Los Angeles-based venture investor Moonshots Capital is the lead investor in a new startup, Backtracks , a developer of podcast analytics software. in a seed funding round, which was led by Moonshots Capital, and also included Capital Factory, Sputnik ATX, Next Coast Ventures, Bull Creek Capital, and BNSG Capital.

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socalTECH

SEPTEMBER 10, 2013

Los Angeles-based online ticket marketplace ScoreBig.com said today that it has raised $10M in a new funding round, and hired a new Chief Strategy Officer. ScoreBig.com said the new funding round came from Checketts Partners Investment Fund (CPIF), and is the first close of a Series C round of funding.

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socalTECH

SEPTEMBER 6, 2013

In a move which adds some additional capital to the Los Angeles clean technology market, utility company Southern California Gas Company said Thursday that it has created a new, $1M innovation fund to help companies develop clean technology. socalgas company utility investment fund cleantech incubator accelerator laci'

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TechCrunch LA

APRIL 23, 2019

Astound , a company selling automated employee help desk services, has raised a new round of $15.5 million from investors led by the Los Angeles investment firm March Capital Partners. It’s the seventh company that Turchin has been involved in around applying technology to help employees, he says.

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socalTECH

JUNE 7, 2018

Los Angeles-based The Honest Company , the online natural baby, personal care, and beauty products provider, said Wednesday that it has raised $200M in a strategic minority investment, which came from private equity investor L Catterton. The company has now raised more than $500M in total funding since inception.

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