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Swell Launches Social Impact Investing Platform

socalTECH

Newport Beach-based Swell , a new fintech startup, said on Tuesday that it has launched a new online platform which lets consumers invest in specific portfolios focused on social impact. Swell said it was incubated by Pacific Life, with creative help from IDEO, and software development from Carbon Five. READ MORE>>.

Platform 124
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Next 10 Ventures is launching an incubator for YouTube personalities

TechCrunch LA

Los Angeles-based Next 10 Ventures , a $50 million fund focused on the creator economy, is launching an incubator program to support YouTubers. “At YouTube, I saw over 5x growth in watch time, commercialization and really, globalization of the platform,” Grubbs told TechCrunch.

Incubator 197
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Snap’s Yellow accelerator debuts its third batch of investments

TechCrunch LA

The group occupies some familiar spaces for past investments, with a focus on niche social communities, mobile media tools and augmented reality. Snap investment Hardworkers. The 10 startups in Yellow’s third batch include: Brightly : a media platform and community that promotes ethical and sustainable brands.

Invest 237
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StartEngine Launches Crowdfunding Platform

socalTECH

Los Angeles-based StartEngine , which was launched back in 2013 as a startup incubator, has pivoted its model, and has become an online equity crowdfunding platform called StartEngine Crowdfunding. READ MORE>>.

Platform 100
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O Labs Launched To Incubate, Accelerate Enterprise Software In LA

socalTECH

The new company is led by Matthew Pierce, and will be managed by an "investment committee" from the respective companies. O Labs said its first portfolio company is Versus, which is developing a platform for legal, real-money video game tournaments. Sarah Chambless of Manatt is an advisor. READ MORE>>.

Incubator 194
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Launch Factory Finds $2.5M For Venture Studio

socalTECH

The funding came from a number of angels, including Broadway Angels, San Diego Venture Partners, and TI Platform Management. According to the startup studio it plans to use the funding to launch four new startups in San Diego, investing $300K in seed capital in each of those companies. in funding, according to the group.

San Diego 145
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After pulling in around $80 million last year in revenue, LA’s StackCommerce is acquired by TPG’s Integrated Media Company

TechCrunch LA

The Los Angeles-based commerce and content platform StackCommerce has been acquired by the Integrated Media Company, a holding company set up by the massive private equity fund, TPG, to acquire new media businesses. Through its platform publishers can make between 15% to 20% of gross compared with 5% on an affiliate marketing site.

Media 134