Calibrate Ventures Raises $80M Investment Fund

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Pasadena-based Calibrate Ventures , a brand new venture capital firm founded by Kevin Dunlap and Jason Schoettler, announced on Tuesday morning that it has raised $80M in its very first venture capital fund, Calibrate Ventures, L.P. The firm said it is targeting initial investment of $5 million in companies generating revenue between $1 million and $5 million, and already has made investments in five companies, including Alpha, Broadly, Built Robotics, Embodied, and Soft Robotics.

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. The venture capital firm--whose founders include Calvin Broadus (aka Snoop Dogg)--said it will specifically invest in agtech, health & wellness, financial services, technology, media, compliance and laboratory technology related to the legal cannabis industry.

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Qualcomm Sets Up New, $100M AI Investment Fund

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San Diego-based Qualcomm announced on Wednesday that it has launched a brand new, venture capital investment fund, which will focus only an artificial intelligence. Qualcomm said the new Qualcomm Ventures AI Fund , which is worth $100M, will go towards startups who are working around "AI becoming more powerful and widespread" on devices, with an emphasis on autonomous cars, robotics and machine learning.

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AECOM Forms Investment Fund

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Los Angeles-based AECOM Technology , which provides professional, technical, and other support services to companies, reported that it has created a new $150M investment fund. AECOM said the new fund, AECOM Global FUnd I, L.P.,

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Akatsuki Lauches $50M Entertainment Investment Fund

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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.

Maco.la Targets Blockchain With New Investment Fund

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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. According to Maco.la, it is looking to invest in enterprises seeking to optimize and accelerate their business with the use of blockchain technology. The fund's CEO is Ron Reed. Los Angeles-based Maco.la

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Watertower Ventures Raises $5M Investment Fund

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Los Angeles-based Watertower Ventures has raised a new, $5M investment fund, which will focus on companies in the Internet infrastructure, next-generation e-commerce, digital media, gaming, augmented reality and artificial intelligenec, and consumer Internet areas. The fund, led by longtime technology advisor Derek Norton , is backed by a long list of local LPs from the digital media, entertainment, and technology areas.

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Investment Fund Vision Esports Raises $38 Million

L.A. Business Journal

Investment fund Vision Esports announced on Feb. 22 that it raised $38 million in a round led by Evolution Media, the investment firm backed by Creative Artists Agency and private equity fund TPG Growth

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With the Los Angeles tech scene exploding, CrossCut Ventures raises $125 million to invest

TechCrunch LA

CrossCut Ventures, a Los Angeles-based seed investment firm has just closed its fourth (and largest) fund with $125 million in new cash. It’s been a long road for the firm’s three co-founders, who have been investing in Los Angeles since 1997.

Visionary Venture Fund Raises Funding For Opthalmic Investment Fund

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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. The company said it expects to invest up to $30M in approximately a dozen companies over the next 18 months, investing between $500K to $5M in each company. Jeffry Weinhuff is Managing Partner of the new fund.

PriceSpider Receives Growth Investment

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Irvine-based PriceSpider , which develops software to help retailers and brands understand consumer buying behavior, has received a round of growth investment from Frontier Capital, the firms said this morning. Size of the investment was not announced. PriceSpider will use the funding for growth capital, market expansion, and growth acceleration, according to the two. Frontier said it made the investment out of a $700M fund, the Frontier Fund V.

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First Access Entertainment Launches New Seed Investment Fund For Youth

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Los Angeles-based First Access Entertainment , and entertainment firm which provides music recording management and publishing, film and TV development, and acting and model management, said this morning that it has launched a new investment fund, called The Fund by First Access Entertainment. According to First Access, the new fund will invest in companies started by "creative young people". The new fund will be led by Sarah Stennett and Simon Tikham.

Pontifax AgTech Launches $105M Venture Investment Fund

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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 it will invest in revenue-generating businesses with proven technologies that improve the productivity, sustainability and efficiency of the agriculture supply chain.

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Cornerstone OnDemand Opens Up Incubator, Investment Fund

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Santa Monica-based Cornerstone OnDemand , the developer of talent management and human resources management software, is boosting its efforts to support the Los Angeles technology ecosystem, through the launch of its own incubator and investment fund. According to the company, it has launched the Cornerstone Innovation Fund , which will invest $250,000 to $1M in cloud-based startups, and will also offer up young companies space within its Santa Monica headquarters.

Axiom Materials Gets Funding, Investment

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Santa Ana-based Axiom Materials , a developer of advanced composites for the aerospace, defense, automobile, energy, and other industries, is in a recapitalization and investment deal with private equity investor Sorenson Capital. Financial details of the investment and recap were not announced by the companies. The two son Friday that the deal involves a "significant" investment from Sorenson Capital, along with Yukon Partners.

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Wavemaker Genesis Aims At Blockchain, Crypto Investments With New Fund

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Pacific Palisades-based Wavemaker Genesis , a new, venture capital investment fund aimed at Blockchain and cryptocurrency investments, has quietly been making the round of limited partners, according to a regulatory filing by the fund. The new fund--led by Wavemaker Partners co-founder David Seimer and Scott Walker, the founder and CEO of Atrinsic and Bitcoin mining guru.

Arrowroot Capital Aims To Raise $175M In Third Investment Fund

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Santa Monica-based Arrowroot Capital , an investment firm focused on investing growth equity in growing software-as-a-service and internet-based businesses, has launched an effort to raise $175M in its third fund, Arrowroot Capital III, LP. Safaii, has made investments in such companies as 4tell, Agilence, EiQ, Embotics, Evergage, Icix, MedNet, ServiceAide, and ZiftSolutions. The firm's second fund closed at the end of 2015, and was worth $50M.

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Correlation Ventures Raises $200M In New Investment Fund

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Correlation Ventures , a venture capital investment firm with offices in San Diego, Palo Alto, and New York City, said this week that it has raised $200M in a new investment fund. The company said the second fund was oversubscribed, and brings its total assets under management to $366M. Limited partners in the new fund included endowments, pensions, funds of funds and family offices, according to the firm.

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Several more real costs of taking outsider investments.

Berkonomics

Once a company founder has tapped the funds available from his or her resources and from friends and family, if the company needs more cash for growth, the most obvious next step is to look for money from angel investors and venture capitalists, typically in the $300,000 TO $3,000,000 range.

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Arrowroot Capital Raising $50M Investment Fund

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Santa Monica-based Arrowroot Capital , an investment firm which invests in software-as-a-service and Internet-based businesses, said in a regulatory filing that it is raising a $50M fund. No details on the fund have been announced by Arrowroot Capital, which did not indicate any limited partners yet committed to the fund. Arrowroot lists such portfolio investments as Zift Solutions, EiQ Networks, 4Tell, and MedNet Solutions. The fund is led by Matthew J.

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Arrowroot Capital Raises $177M Fund For Software Investments

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Santa Monica-based Arrowroot Capital Management announced today that it has raised a $177M, third fund, Arrowroot Capital II, L.P. , to invest in growth equity for enterprise software companies. The company says it makes investments of between $5 million to $25 million in companies, and is looking to fill the "funding gap" between early stage venture capital and larger traditional growth equity firms looking to make larger investments.

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Can VC’s Invest Across Two Funds?

Both Sides of the Table

In one of the posts I spoke about how the size and vintage of funds might affect you when you’re raising money. This led Roy Rodenstein (whose company Going.com was sold to AOL ) and others to discuss , what happens when VC’s need to invest across multiple funds.

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Wavemaker Raises $66M In New Southeast Asia Investment Fund

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Santa Monica-based Wavemaker Ventures has raised a new, $66M venture capital investment fund, for its Southeast Asia efforts, the company said this week. According to Wavemaker, the fund exceeded what had been an initial $50M initial target for its investment fund. Limited Partners in the new fund include Temasek Holdings, Tim Draper, and the World Bank's International Finance Corp.

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BitAngels Sets Up Formal Investment Fund Worth Around $4.1M

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BitAngels , the angel investment group which invests in BitCoin related startups, has launched a new, 10,000 BTC structured fund--approximately $4.1 million US dollars at press time--the first, dedicated fund for its BitCoin investments. The angel investment group, whose members include such local Los Angeles investors as Michael Terpin and Brock Pierce, said the new fund is aimed at helping to grow the Bitcoin ecosystem, and is being run with actual Bitcoin.

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TealTech Capital Gets $60M For Medtech Fund, Makes First Investment

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San Diego-based TealTech Capital , a new, $60M venture investment fund backed by Torrey Pines Investment, has launched its new investment fund, and made its first investment. TealTech said today that it has made is first investment, in TealNet Mobile Medical Office (MMO) , a startup focused on point-of-care diagnostics and telemedicine. Size of the investment in TealNet MMO was not announced.

Where is the best source of early stage investment?

Berkonomics

If you have been following our recent insights, you’ll be up to speed knowing that professional investors negotiate tough terms, from provisions of control over asset acquisition, eventual sale of the company, future investments, forced co-sale when others attempt to sell their shares and more.

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Amplify Closes $10M Fund For More Startup Investments

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Venice-based Amplify recently close a third, early stage investment fund of $10M, as part of its efforts to accelerate startups in the Los Angeles area. Amplify, which operates its own startup accelerator in Venice, had previously been investing $12.6M raised in its prior two funds. Most of those funds have been invested in companies that have joined the company's accelerator in Venice.

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GC VR Gaming Tracker Fund Raises $15.6M For VR, AR, E-Sports Investments

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It's been a record year for new venture funds in the Los Angeles area, and the growth in funds continued this morning, with the announcement of Los Angeles-based GC VR Gaming Tracker Fund LP , led by Greycroft Venture Partner Jon Goldman. Goldman announced on Tuesday morning that the fund will make investments in VR, AR, video games and e-sports, and has already made more than 20 investments.

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Report: Crosscut Ventures Launching Fourth Venture Investment Fund

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Los Angeles-based venture capital investor Crosscut Ventures has reportedly started approaching limited partners (LPs) for investments in a new fund, its fourth. Crosscut's last fund, Crosscut Ventures 3, was worth $75M. The report, from the Pro Rata newsletter, said there's "a chance" that the new fund will be double in size of the last fund. Crosscut has not yet filed regulatory details on the new fund.

Bonfire Ventures closes $60 million to invest in SoCal B2B startups

TechCrunch LA

New funds are launching in Los Angeles at a pretty feverish clip, and the latest to plant its flag in the […].

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Originate Gets Strategic Investment

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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. originate strategic investment software innovationconsulting labs venture capital

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Bitcoin IRA Aims At Making Bitcoin Investments Part Of Your Retirement Fund

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BitcoinIRA.com , a new Los Angeles startup, said it has launched a new service which will let individuals to make investments in such cryptocurrencies as Litecoin (LTC), Ethereum Classic (ETC), and Bitcoin Cash (BCH), as part of an IRS-approved retirement account. bitcoin investment cryptocurrency blockchain retirement fund financial fintech investor crypto

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Lowercase Capital Boots Up New LA Investment Fund

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Another, Silicon Valley investor-- Chris Sacca --has his eyes on investments in Los Angeles, saying that his super angel fund, Lowercase Capital , has just hired a full time director in Los Angeles to make investments in local startups.

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Levine Leichtman Capital Partners Announces $1.65B Investment Fund

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billion in capital commitments for its latest fund, Levine Leichtman Capital Partners Fund V, L.P. The firm said the fund exceeded a target of $1.5 billion, and came from public and private pension funds, sovereign wealth funds, endowments and foundations, insurance companies, fund of funds and family offices. Levine Leichtman is led by Lauren Leichtman, and primarily invests in U.S.,

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Acorns Gets Investment From TPG

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Irvine-based micro-investing app developer Acorns said this morning that it has received an investment from private equity investor TPG, via TPG's The Rise Fund, which is focused on companies in the social and environmental area. According to Acorns, the investment by TPG's Rise Fund is the first in a fintech company. Size of the investment was not announced by the company.

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