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Casa Verde Capital Raises $45M Investment Fund

socalTECH

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.

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Report: Dominate Fund Retreats From Hollywood

socalTECH

An effort to raise an investment fund from Hollywood, to specifically invest in technology companies, looks to have pulled back its effort to court celebrities and actors, according to a report this week. financial investment celebrity capital venture hollywood fund dominate' READ MORE>>.

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YouTube's New Investments Aimed At Hollywood Creators

socalTECH

A new effort by YouTube to fund individual content creators-- announcd last week --might further fuel that fire. YouTube said that its earlier effort to fund multi-channel networks have resulted in eighty-six of those channels among the top 1 percent of its most popular content. Image: YouTube Space LA. READ MORE>>.

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5th Kind Scores Private Equity Investment

socalTECH

5th Kind, a developer of workflow management software for Hollywood studios, has scored an investment from private equity investor HCAP Partners. Size of the investment was not announced. According to HCAP, the investment capital will go to fund growth initiatives for 5th Kind.

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Music Platform Stem Secures $10 Million in Funding

L.A. Business Journal

West Hollywood-based Stem Disintermedia Inc. has raised $10 million in a funding round led by Slow Ventures with follow on investment from Santa Monica-based Upfront Ventures and Aspect Ventures.

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Akatsuki Lauches $50M Entertainment Investment Fund

socalTECH

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.

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ConsejoSano Gets Impact Funding

socalTECH

North Hollywood-based ConsejoSano , a developer of patient experience and engagement software, aimed at payers, providers, and health care systems, has scored a round of "impact" funding, the company said this week. According to the company, it received an equity investment from the Bernard J.