Meet Lumi, the Los Angeles startup that just raised $9 million for a packaging business

TechCrunch LA

Alongside co-founder and longtime partner Stephan Ango, Jesse Genet has built a business with Lumi that’s already been profitable, and has just raised $9 million in venture funding to boost its growth.

India’s Haptik acqui-hires Los Angeles startup Convrg in international expansion push

TechCrunch LA

On Tuesday, Haptik announced it has acqui-hired Convrg, a Los Angeles-based startup that develops chatbots, to serve customers in North America. Mumbai-based Haptik, which operates a conversational AI platform , has already won several high profile clients in India.

Elementary Robotics raises cash to expand in Los Angeles’ growing robotics hub

TechCrunch LA

million in seed funding to begin building a manufacturing facility and expand its presence in Los Angeles as the city continues to grow as a hub for robotics and automation. . ” Recent Funding Robotics Startups TC Elementary Robotics Los Angeles

Los Angeles-based BuildOps, subcontracting software for real estate, raises $5.8 million

TechCrunch LA

Software development companies tackling services for niche industries, like commercial real estate subcontracting, continue to find Los Angeles to be fertile ground for development. The latest company to raise funding from a clutch of investors is BuildOps , which raised $5.8

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.

Los Angeles investors and entrepreneurs launch PledgeLA, a diversity and inclusion program

TechCrunch LA

Demographics at funds and startups will also be under the microscope, since signatories have agreed to report on their composition by race, gender, age, sexual orientation, disability status, immigration status, veteran status, educational attainment, socioeconomic origin, tenure at a firm.

Los Angeles is using ride-hailing startup Via to shuttle people to public transit

TechCrunch LA

Los Angeles is partnering with on-demand shuttle-based service Via as part of a pilot program that will give people rides to three busy public transit stations. million, which is funded in part by a $1.35

With $12 million more in the bag, the furniture subscription service Feather heads to Los Angeles

TechCrunch LA

Furniture subscription rental service, Feather , is heading to Los Angeles and Orange County, California with $12 million in new funding and “thousands” of customers in New York and San Francisco.

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.

Los Angeles Venture Investors Launch New Podcast

socalTECH

Are you an entrepreneur who'd like to get to know local venture capital and other investors in Los Angeles? TenOneTen, which is an early stage venture fund, says the new podcast provides an orientation and opinion on the rapidly growing LA tech scene through informal conversations with fellow investors and other key players the LA startup ecosystem. angeles venture capital podcast tenoneten ventures investment entrepreneur startup

Bird investor Upfront Ventures eyes $250M growth fund

TechCrunch LA

Upfront Ventures , a Los Angeles-based venture capital firm, has filed paperwork with the U.S. Securities and Exchange Commission to raise its third growth-stage investment fund. Funding Startups TC Venture Capital gwyneth paltrow Los Angeles Mark Suster Travis VanderZanden U.S.

With its third fund, Revolution Ventures stays true to its mission

TechCrunch LA

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.

Los Angeles VC Panel and LAVA Annual Membership Meeting

SoCal Tech Calendar

Tuesday, August 20, 2019 -- Los Angeles VC Panel and LAVA Annual Membership Meeting. Come meet three of the most active Venture Capital funds in Los Angeles. Panel includes: Evan Richter, Smash Ventures; Adam Corey, Global Village; Chris Wadden , Pasadena Angels. Meet the top VCs who are investing in Southern California. Find out what they are looking to invest in. Find out what does it take to secure Venture Capital for your company.

City of Los Angeles, Goren Holm To Invest In Blockchain Startup

socalTECH

The City of Los Angeles and investment firm Goren Holm Ventures --the new Blockchain investment firm of Alon Goren and Josef Holm--said they will be funding a blockchain pitch contest at the upcoming CIS blockchain conference. angeles goren ventures blockchain

Galvanize Plans Expansion To Los Angeles

socalTECH

Galvanize , a company which operates a network of locations teaching software engineering skills--and which often serve as hubs of startup activity nationwide, offering up coworking for technology startups, events, and more--is planning to expand its efforts in Los Angeles, after raising $32M and buying another "coding bootcamp" operator, Hack Reactor. galvanize angeles expansion venture capital coding bootcamp hack reactor

Los Angeles’s Secret to Startup Success

Tech.Co

When Los Angeles, CA was listed as the fastest-growing tech startup region in 2014, many guesses were raised about the root cause of its success. No, to see the strength of Los Angeles’ startup scene, you must look at the whole story. While the initiative is still new and growing, it’s a symbol of why Los Angeles’s startup scene is poised for long-term, sustainable growth. Money: In 2014, Los Angeles startups received more than $3 billion in funding.

Minkonet Raises $1M, Sets Up Headquarters In Los Angeles

socalTECH

Minkonet , a South Korean startup which is developing 3D video game capture technology, said this morning that it has raised $1M in a "Pre-Series A" investment round, and has set up a brand new headquarters in Los Angeles. The funding came from Evergreen Investment Partners, along with existing investors Bluepoint Partners and Kite Foundation. According to Minkonet, the funding specifically goes towards its operations in Los Angeles, and expansion into North America.

Arianna Huffington’s Thrive Global is buying a startup that uses neuroscience to boost app usage

TechCrunch LA

Now, Thrive Global is adding a tech tool to its arsenal of cognitive behavioral therapies with the acquisition of the Los Angeles-based startup, Boundless Mind.

The Riveter Takes $15M To Expand Beyond Los Angeles, Seattle

socalTECH

Female co-working space operator The Riveter --which operates coworking space both in West Los Angeles and Marina Del Rey--said this week that it has raise $15M in a Series A funding round. The funding came from Alpha Edison, and Madrona Venture Group, plus such angels as Annie-Marie Slaughter (New America), Liz Lange (fashion designer), and Blake Mycoskie (TOMS Shoes).

FiveStars Expands In Los Angeles

socalTECH

Customer loyalty and marketing automation software developer FiveStars said this week that it is "aggressively" expanding in the Los Angeles market, after recently receiving a $26M funding round from Menlo Ventures, Lightspeed, DCM, Rogers and Y-Combinator. According to the company, it is aggressively hiring employees in Los Angeles, as it grows out its sales force. jobs expansion marketing retailer rewards loyalty customer angeles fivestars

Startup Boost Targets Los Angeles With Pre-Accelerator Program

socalTECH

Do you have a startup idea, and a team, but no seed funding, and are even too early for an early stage startup accelerator? A new program in Los Angeles, Startup Boost / Los Angeles , says it is launching a "pre-accelerator" program which aims to help bridge the gap between a team with an "evolved" idea and seed investors and accelerator programs. Los Angeles is one of four cities the group is starting programs in: the others are Toronto, London, and New York.

Fika Ventures raises $76M to fund the growing LA tech ecosystem

TechCrunch LA

The Los Angeles ecosystem is $76 million stronger today as Fika Ventures , a seed-stage venture capital firm, announces its sophomore investment fund. The timing is ripe for a fund like ours to capitalize on the opportunity.”

Upstart banking company Dave is now worth $1 billion, as Norwest puts in $50 million

TechCrunch LA

Two years after the Los Angeles-based fintech startup Dave launched with a suite of money management tools to save consumers from overdraft fees , the company is now worth $1 billion thanks to a nascent banking practice that had investors lining up.

Los Angeles Ranked Top Metro Area for Tech Funding and Exits

L.A. Business Journal

Los Angeles raised more than $100 million, beating Boston in total mega financing rounds, according to a recent report from CB Information Services Inc

Greycroft Bolsters Los Angeles Team

socalTECH

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. Despite the amount of venture capital investment activity in the Los Angeles area, there has actually been a dearth of locally based venture capitalists able to make investments in companies. greycroft partners venture capital fund executive mark terbeek mkcapital

OfferPad Plans Launch In Los Angeles After $260M Funding

socalTECH

OfferPad , a startup which operates an online service which provides instant home buying offers to homeowners, is planning to launch its service in Los Angeles, after raising $260M funding. OfferPad, which is based in Arizona, said the funding came from LL Funds LLC. The funding is split between $30M in equity and $230M in debt. The company says it is launching in Los Angeles this month.

Ordermark, the online-delivery order management service for restaurants, raises $18 million

TechCrunch LA

Los Angeles-based Ordermark , the online delivery management service for restaurants founded by the scion of the famous, family-owned Canter’s Deli, said it has raised $18 million in a new round of funding.

Former Hulu exec Noah Heller launches new venture fund to focus on LA tech

TechCrunch LA

Primarily focused on backing Los Angeles-based technology startups, the new fund has already committed capital to three deals, Heller confirmed. TC Venture Capital 3Rodeo digital media Hulu internet television Los Angeles Noah Heller Vhoto Virtual reality

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The future of car ownership: Cars-as-a-service

TechCrunch LA

Car shoppers now have several new options to avoid long-term debt and commitments. Automakers and startups alike are increasingly offering services that give buyers new opportunities and greater flexibility around owning and using vehicles. Cars-as-a-Service.

Former Hulu exec Noah Heller launches new venture fund to focus on LA tech

TechCrunch LA

Primarily focused on backing Los Angeles-based technology startups, the new fund has already committed capital to three deals, Heller confirmed. TC Venture Capital digital media internet television Hulu Virtual reality Los Angeles Vhoto 3Rodeo Noah Heller

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Super League Gaming Plans Minecraft Event In Los Angeles

socalTECH

Santa Monica-based Super League Gaming , the newly funded startup which aims to bring videogames into movie theaters, says it is launching its first Super League National Championship, starting with a premier in Los Angeles on September 16th.

The Stage Fund Sets Partner In Los Angeles

socalTECH

The The Stage Fund , a investment and acquisition firm focused on acquiring turnaround companies, has tapped a longtime Southern California entrepreneur, Dan Tamkin , as a new Managing Partner in Los Angeles. According to the fund, Tamkin will be setting up a West Coast office for the fund, which is based in Denver, Colorado. stage fund tamkin unified dispatch angeles investment finance financial

Los Angeles Fundingpost VC and Angel Investor Conference

SoCal Tech Calendar

Thursday, March 28, 2019 -- Interested in meeting and pitching to early-stage Angel Investors and Venture Capitalists in Southern California? Location: Cross Campus 929 Colorado Ave Santa Monica, CA 90401 Date: Thursday March 28, 2019 Time: 5:30pm-8:30pm Speakers: Moderator: Joe Daniels, McCarter and English Robert Mai, Scopus Ventures Andrew Ly, Angel Investor Brandon Maier, Quake Capital Mark Linao, AET Fund Kelly Perdew, Moonshots Capital Richard Sussman, Nordic Eye VC.

Startup Game Changers Panel - Los Angeles 2017

SoCal Tech Calendar

Friday, August 4, 2017 -- Startup Game Changers Panel - Los Angeles 2017. Our team of VCs, financial consultants, bankers, and lawyers has collectively helped walk thousands of companies down the fundraising path — from identifying the best funding source to negotiating the best terms. Startup fundraising can be an arduous journey. Wouldn’t it be easier if you had your own team of guides to help you along your way? Team startup to the rescue!

Los Angeles Cleantech Incubator Gets $200,000 Grant, Eyes Investment Fund

socalTECH

The incubator effort looking to make Los Angeles a key part of the clean technology industry, the Los Angeles Cleantech Incubator (LACI) , announced this morning that it has received a $200,000 grant from the JPMorgan Chase Foundation, to help advance its program--and may even start its own investment fund. The incubator said the grant will help fund programs focused on advancing sustainable technology development and adoption in the Los Angeles region.