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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 had said last year that it would be establishing its venture funding efforts in Los Angeles.

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VertueLab Launches Climate Impact Fund With Donation From LA Philanthropists

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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. The Woka Foundation was co-founded by Barbara Karplus and her husband Rob Womer, two philanthropists from Ventura County.

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Interview with Alex Schneider, Ventura Ventures Technology Center

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On Thursday, the City of Ventura is formally launching a new incubator, the Ventura Ventures Technology Center (www.v2tc.com), targeted at high tech businesses. What is the Ventura incubator? It's about 10,000 square feet of space in downtown Ventura, in a city owned office building. We ended up selecting DFJ Frontier.

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Beanfields Gets Series B Round For Snack Brand

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Los Angeles-based food brand Beanfields , a manufacturer of vegan, gluten-free, non-GMO, kosher chips, said this week that it has raised a Series B funding round. The funding was led by PowerPlant Ventures, and also included NRV and Western Technology Investment. Size of the funding was not announced.

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KYTHERA, Amgen Vet Takes Helm At UNITY Biotechnology After $116M Funding

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A local, Ventura County biotechnology executive, Keith Leonard , has taken the helm of UNITY Biotechnology , a heavily backed San Francisco biotech startup focused on curing diseases of aging, as a result of a big $116M funding round at the company. He's also Executive CHairman at Sienna Biopharmaceuticals. READ MORE>>.

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Southern California VC Totals Drop To $810.5M In Q1

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Los Angeles had $399.1M in funds invested, across 47 deals; Orange County had $158M invested across 15 deals; and San Diego had $253.5M invested across 21 deals. Among the bigger deals were an investment in smart doorbell company Ring, with a $61.2M was invested. READ MORE>>.

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MoneyTree Report: Southern California Q3 Venture Totals Drop To $663.27M

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in funding, according to the latest numbers from the PricewaterhouseCoopers MoneyTree report, based on data from Thomson Reuters. in funding in Q3, down from the much larger, $2.5 billion in funding received in the region in Q2. Q2 fundings in Southern California were much higher, due to a giant $1.27 READ MORE>>.