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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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StartEngine Launches Crowdfunding Platform

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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

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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>>.

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Launch Factory Finds $2.5M For Venture Studio

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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.

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StartEngine Chalks Up 25 Companies Raising Funding Since Start Of 2017

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Los Angeles-based StartEngine , the equity crowdfunding service run by serial entrepeneur Howard Marks, has chalked up 25 companies raising money on its platform since the start of 2017, according to the company. READ MORE>>.

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Science Inc. Gets $20M In Debt Funding, Grows To 150 People

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Los Angeles based startup incubator/studio Science --which is behind such local startups as Dollar Shave Club and DogVacay--has quietly raised $20M in a debt financing round, according to the companies. Science said that it will use the new growth funding to enhance its technology platform. READ MORE>>.

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Interview with Dave Eastman, Viterbi Startup Garage

socalTECH

For today's interview, we spoke to Dave Eastman, the Director of the Viterbi Startup Garage, a startup incubator that is run by the University of Southern California, out of its location in Marina Del Rey. How are you different from other startup incubators, etc? It's not entirely exclusive, however.