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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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.

LA's AET Fund Raises $50M For Entertainment Technology Investment

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A new, Los Angeles venture capital fund, AET Fund said on Wednesday that it has raised $50M to make investments in entertainment technology, and hired someone to head up its U.S. investment efforts. AET Fund--short for Akatsuki Entertainment Technology Fund--said it has hired Mark Linao as Principal, responsible for managing the company's $50M fund and its operations in United States.

Core Innovation Capital Plans $100M, Third Fund For Fintech Investments

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Los Angeles-based fintech venture capital investor Core Innovation Capital is out looking for new investors in its third fund, with a target of $100M, according to regulatory filing by the firm on Friday. The fund--managed by Arjan Schutte and Kathleen Utecht--invests in financial technology companies, and counts such portfolio companise as Fair , Honest Dollar (acquired), CoverHound , Mirador (acquired), Nerdwallet , Ripple , Tio (acquired), and many others.

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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.

Wave Financial Group Finds Funding From Fineqia, Aims At Blockchain Investing

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Los Angeles-based Wave Financial Group , a new, Blockchain investment company led by former Wavemaker Partners co-founder David Siemer, has received a round of funding from London, UK-based Finequia Investments Limited , according to the two companies. Size of the equity investment was not announced. Fineqia said its investments in Wave Financial Group represents less than 5 percent of its market capitalization.

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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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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.

Think ahead when raising your early investments

Berkonomics

Some businesses just can’t fit within the angel capital or friends and family model for raising funds. Sooner or later you may need to seek venture capital and accommodate the needs of the venture community in negotiating the terms of an investment.

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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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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.

Why Has Seed Investing Declined? And What Does this Mean for the Future?

Both Sides of the Table

Seed investments are down by any measure (funds, deals, dollars) over the past 3 years in deals < $1 million AND in deals between $1–5 million. As you can see below the number of seed funds shot up dramatically between 2006 and 2014. thus the rise of “pre seed” investing).

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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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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.

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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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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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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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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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.

Early-stage investment firm Defy updates the venture partner model

TechCrunch LA

Defy , the early-stage venture investment firm founded by Neil Sequeira and Trae Vassallo, is putting a new twist on the venture partner model as it brings Brian Lee and Sujal Patel on board to help out with investing and guiding companies in the firm’s portfolio.

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Angel Investing 101 Workshop

SoCal Tech Calendar

Wednesday, April 3, 2019 -- Angel Investing 101. It turns out that angel investing is more than art - it's also very much a science. On April 3rd, 2019 we're pleased to offer you another round of the popular "Angel Investing 101" workshop. This year will also include a segment focused on the TCA due diligence and funding process and TCA's new $2M+ Annual Fund. Tech Coast Angels. How do we know?

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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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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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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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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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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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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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Amplify LA Backs Investment Startup Alto

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Los Angeles-based startup accelerator Amplify LA is one of the backers of a new startup Alto , which is allowing investors to invest in nontraditional assets--such as startups, real estate, and more. in its seed funding round, which it received from such investors as Foundation Capital, Sequoia Capital's Scout Fund, Amplify.LA, First Check Fund, Green D Funds, and Jack Gibson, the co-founder of NerdWallet.

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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

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.