Acorns Names Chief Investment Officer

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Irvine-based investment app developer Acorns said this morning that it has appointed its first Chief Investment Officer. Wunder previously was at black-and-white Capital, and also served at Contour Asset Management, and got his start at Morgan Stanley Investment Management. acorns chief investment officer financial fintech seth wunder softwareAccording to the company, it has named Seth Wunder, CFA, to the position, ahead of its expected public listing.

Invest 100

K1 Invests $21 Million in Eltropy

L.A. Business Journal

Manhattan Beach-based private equity firm K1 Investment Management is making a $21 million investment in software company Eltropy Inc

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Motive Companies Backs GenXComm In Strategic Investment

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Fountain Valley-based Motive Companies, which provides renewable energy and infrastructure products, says it has made a strategic investment in GenXComm, a developer of dynamic filtering and Radio Frequency (RF)-photonics systems. motive companies genxcomm venture capital strategic investment radio frequency cleantech

Patron Picks Up $90M For Games, Consumer, Web Investments

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According to Patron, its first fund, Patron Fund I, will go to investments into Web 3 (P2E/NFTs) and consumer categories such as education, fitness, personal finance, and more. patron venture capital investment investor riotgames videogameA new, early-stage venture firm, Patron--which has one of its General Partners based in Los Angeles--said on Tuesday that it has raised $90M in a new venture capital fund.

ChowNow Names IPO Investment Banker As CFO

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Mancl was previously an investment banker, having previously been at Credit Suisse, where he served as the Global co-head of Internet Investment Banking. Los Angeles-based ChowNow, which develops software to manage online ordering and marketing for restaurants, has named a new CFO. According to ChowNow, it has appointed Andre Mancl to the position of Chief Financial Officer.

Venture Investments Hit Record Highs

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billion was invested across and estimated 4,302 deals in the second quarter, with a total of $150 billion invested across 8,406 deals for the first half of the year. According to the NVCA, in addition to the investments, near-record level of distributions from venture funds--driven by a robust exit market--has continued to drive cash flow back to LPs. venture capital investment nvca financing growth

Invest 109

Scopely Invests $50 Million in European Gaming Studios

L.A. Business Journal

invested a combined $50 million in three boutique European game studios, the company announced July 19 Culver City-based mobile gaming company Scopely Inc.

That’s No Moon Launches With $100 Million Investment

L.A. Business Journal

launched July 28 with a $100 million investment from Smilegate Entertainment, a global game development company based in Seoul, South Korea Sawtelle-based gaming studio That’s No Moon Entertainment Inc.

Community Lands $40 Million Investment

L.A. Business Journal

a messaging platform that enables celebrities and brands to communicate directly with fans, has received a $40 million investment Community.com Inc.,

Invest 141

Former Rubicon Project Founder Launches Startup Investment Fund

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The former CEO and founder of Los Angeles-based advertising exchange Rubicon Project, Frank Addante, has launched a new, startup investment fund, he announced on Wednesday, saying that after a brief foray into retirement he decided to launch TinkerBarn Ventures, a new startup studio and early stage investment fund. rubicon project frank addante venture capital investment startup

Invest 109

Take only “smart money” investments

Berkonomics

Often, that money is worth more than the cash invested, because the investors who often become members of the board, bring a wealth of experience, insight, relationships and deeper pockets to the table. I have served on the boards of several companies with just such VC talent at the table, partners in firms that made subsequent investments in companies where I either made early investments or led a group of fellow investors in early rounds of finance. Close.

Invest 202

imre Gets Investment From RLH Equity Partners

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imre, a provider of strategic and creative marketing services to enterprise clients to clients in the life sciences and healthcare and consumer products and services areas, has received a private equity investment from Los Angeles-based RLH Equity Partners. Financial details of the investment were not announced.

Equity 109

What use is an investment banker?

Berkonomics

Many CEOs have asked me if I felt an investment banker adds value if the buyer has already been identified. How investment bankers behave. For small deals, an investment banker will ask as much as ten percent, although the average is slightly above half that.

Invest 156

esVolta Gets Investment From Macquarie

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Aliso Viejo-based utility-scale energy storage project developer esVolta has received an investment from Macquarie's Green Investment Group (GIG), Macquarie announced this morning. Size of the investment was not announced. According to Macquarie, the investment will support the continued North American expansion of esVolta and finance its portfolio of over 600 MWh of contracted energy storage projects, plus an additional pipeline of more than 2 GWh of projects.

Invest 109

SurePrep Gets Growth Investment

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Irvine-based SurePrep , a developer of tax automation software and services for the professional tax return preparation market, has received what it calls a "significant" minority growth investment. The investment came from private equity investor Bregal Sagemount. According to SurePrep, the new investment will help it accelerate its development roadmap, plus strengthen its technology and processes, grow its client base, and expand into new product categories.

Invest 125

K1 Investment Management Backs ComplySci With $120M

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Los Angeles-basd private equity investor K1 Investment Management has made a $120M investment in New York- and London-based >ComplySci, the two companies said this morning. ComplySci's software is used to identify and mitigate employee regulatory and compliance risks, and serves broker-dealers, registered investment advisers (RIAs), hedge funds, private equity firms, investment advisors, venture capital firms and other businesses across the financial services sector.

Invest 109

CerraCap Cares Invests In Aquagenuity

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Costa Mesa-based impact-focused venture capital investor CerraCap Cares announced this morning that it has made an investment in Aquagenuity, a startup that provides real time information about water quality. Size of the investment was not announced. CerraCap Cares, which says it is a women-led impact fund, said Aquagenity offers up an accessible database and a water scoring tool which provides details on how much lead is in drinking water.

Invest 126

Wavemaker Three-Sixty Health Hits 25 Investments

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Los Angeles-based Wavemaker Three-Sixty Health , the venture investment fund focused on healthcare, which is led by John Nackel, Jay Goss, Eric Marton and Kwame Ulmer, says it has just completed its 25th investment--all made in the last 18 months. According to the firm, it believes its pace of investments makes it one of the most active healthcare venture investors in the country. wavemaker health healthcare venture capital fund investment investor lifescience

Invest 166

Should An Entrepreneur Seek Out An Investment Bank?

Startup Professionals Musings

The name “investment bank” somehow always sounded like a place where I could deposit my investments, and maybe even earn a little interest. Many investment banks even call themselves “boutiques.” Investment banks normally charge fees consisting of three components.

Invest 109

Bird Plans To Invest $150M In Europe

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Santa Monica-based on-demand electric scooter provider Bird says it is planning a major investment in Europe, saying it will invest $150M in the continent in 2021. Bird said the investment is part of an effort to support European cities as they reopen and recover. micromobility investment expansion europe bird

Invest 109

GOAT Group Gets Strategic Investment

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Los Angeles-based GOAT, best known for its online marketplace for sneakers, but which now also has expanded into apparel and accessories, has received a strategic investment from Groupe Artemis. Size of the investment was not announced. GOAT said the strategic investment follows its Series E funding announcned in September of 2020, which was worth $100M, valuing GOAT at $1.75

Invest 126

Kayne Anderson Expands Renewable Investments

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Los Angeles-based private equity investor Kayne Anderson Capital Advisors LP is ramping up its investments in renewables, saying today that it has made a number of solar investments, and has named co-heads of renewable investment for the company. kayne anderson renewable investment solar cleantech executive finance venture capital private equity

Invest 109

The Trade Desk Launches Venture Capital Arm, Makes First Investment

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Ventura-based advertising technology developer The Trade Desk is launching its own venture capital arm, and has made its first investment, the company said this morning. The company said that the new investment fund, TD7, will invest in open Internet startups. The first investment made by the fund is Chalice, a developer of algorithmic ad optimization software. tradedesk thetradedesk adtech advertising venture capital investment

How I Invest

Both Sides of the Table

During the Q&A I was asked about how I make investment decisions in early-stage businesses. I know that sounds trite but it’s the best way I can describe my early-stage investments. If I don’t do both then it’s highly unlikely I will invest. I know now that investments will consume many hours including late nights / early mornings and weekends. Often as I describe to people privately why I invested the first reaction is not to immediately get it.

Invest 227

Hawke Ventures Raises $5.6M Investment Fund

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hawke ventures investment fund funding marketing market paigecraigHawke Ventures, a new, venture capital fund that is part of marketing company Hawke Media, said Friday that it has raised $5.6M for its first, venture capital fund. The new fund is being managed by Erik Huberman, Tony Delmercado, and Managing Partner Drew Leahy, along with angel investor Paige Craig. The company said it plans to write checks of between $100,000 and $250,000 in digital marketing startups.

Invest 109

H Code Snags New Investment Round

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Santa Monica-based H Code, which provides digital advertising services to the Hispanic market, said Monday afternoon that the company has received a new, capital investment. The funding came from private equity investor Falfurrias Capital Partners (FCP), which invests in growth-oriented, middle-market companies. Size of the investment round was not announced.

Invest 109

Bonfire Ventures Extends Network With Angel, Seed Investment Effort

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Los Angeles-based venture capital investment fund Bonfire Ventures is looking to extend its network--and make more angel, pre-seed, and seed investments--through a new program is is calling Bonfire Firestarters. According to Bonfire, it has partnered with six individuals and five early-stage fund managers who the firm will be using to make investments for the fund. capital venture firestarters seed investment angel ventures bonfire

Invest 109

AutoVitals Gets Private Equity Investment

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According to AutoVitals, the strategic growth investment will go to expand and enhance its offerings. As part of the investment, the company said it named a new CEO, Jon Belmonte, to lead the company. autovitals private equity investment auto automotive software saas growth strategic belmonte executive

Equity 126

Therabody Lands Celebrity Packed Investment

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Los Angeles-based Therabody, a developer of devices which use massage therapy to relieve muscle tension, said it has received a strategic investment round from more than 100 people, including many celebrities, in the professional sports, culture, and entertainment area. The size of the equity investment was not announced.

Invest 109

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.

Invest 186

Diversis Capital Partners Invests In Adlib

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Los Angeles-based private equity investor Diversis Capital Partners has made a "significant" growth investment in Toronto-based Adlib, a developer of software used for structuring data. Size of that investment was not announced. Diversis invests in software and technology companies, investing in lower middle-market companies.

5th Kind Scores Private Equity Investment

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5th Kind, a developer of workflow management software for Hollywood studios, has scored an investment from private equity investor HCAP Partners. Size of the investment was not announced. According to HCAP, the investment capital will go to fund growth initiatives for 5th Kind. As part of the funding, Tim Bubnack, Managing Partner at HCAP, has been appointed to the board of 5th Kind.

Equity 109

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. Frontier said it made the investment out of a $700M fund, the Frontier Fund V. Houlihan Lokey advised PriceSpider on the growth investment effort.

Invest 109

Seqster Gets Investment From Takeda

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San Diego-based Seqster , which develops software used f[link] health data management, said today that it has received an investment from Takeda Pharmaceuticals. Size of the investment was not announced. According to Seqster, it will use the new funding to accelerate adoption of its technology, which is used for managing clinical trials and patient engagement. Seqster is led by Ardy Arianpour.

Invest 146

Fisker Makes Investment In European Charging Network

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says it will be making a $10M investment in a European electric vehicle charging network operator, Allego B.V., According to Fisker, it will invest $10M in the PIPE. Los Angeles-based electric vehicle maker Fisker Inc. as part of a special purpose acquisition company (SPAC) merger between Allego and Spartan Acquisition Corp. Allego operates more than 26,000 public EV charging ports across 12,000 public and private locations in 12 European countries.

Assembly Gets Investment Round

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Los Angeles-based Assembly , a developer of e-commerce tools and software, has received what it says is a "significant investment" from private equity investor Providence Strategic Growth. Financial terms of the investment were not announced. According to Assembly, the new funding will go to both build and acquire e-commerce software and services.

Invest 109

The 22 Fund Finds Funding, Targets Impact Investments

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Los Angeles-based The 22 Fund, a new startup investment fund which says it focuses on the "impact investing" sector--investing with a racial, gender, climate and social justice lens--says it has received an investment from The Clio Fund and ImpactAssets. The size of that investment was not announced. According to the new investment fund, it is investing in companies led by women, Black, Indigenous and People Of Color (BIPOC).

Invest 109

Qualcomm Invests $97M In India's Jio

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Qualcomm said its investment gives it a 0.15% equity stake in Jio Platforms. Qualcomm said the investment will go towards the buildout of 5G infrastructure and services for Jio's customers in India. semiconductor investment strategic telecommunications telecom indian qualcommSan Diego-based Qualcomm has just taken a $97M stake in Indian telecom provider Jio , via its Qualcomm Ventures venture arm, Qualcomm said on Sunday.

Invest 116

Mighty Oak Entertainment Gets Investment

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Los Angeles- and Atlanta-based Mighty Oak Entertainment , which produces sports clips for traditional, digital, and streaming, has received an investment from former MGM Television President John Bryan and entrepreneur and KDOCTV (Los Angeles) owner Bert Ellis, Jr., Financial details of the acquisition and investment were not announced, however, Mighty Oak Entertainment said Bryan and Ellis have purchased 50 percent of the company from founder Mark O'Brien.

CerraCap Ventures Gets Strategic Investment

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Costa Mesa-based CerraCap Ventures , a venture capital firm which invests in early stage technology companies, announced this morning that it has received a strategic investment, from a unit of IIFL Wealth Management Limited (IIFL Wealth), a large Indian private wealth management company. The investment went into CerraCap's second fund, CerraCap Ventures Fund II. Size of the investment was not announced.

Invest 109

Creative Artists Agency, NEA Launch Investment Partnership

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The Creative Artists Agency and venture investor New Enterprise Associates (NEA) have launched a new, investment partnership to invest in early-stage, consumer focused businesses, the two said on Thursday. enterprise associates investment investor venture capital partnershipAccording to the companies, the new venture-- Connect Ventures Spire Animation Studios , which was co-founded by Brad Lewis, the producer of Ratatouille.

Invest 109

Electrify America to Invest $25 Million in Ports Area

L.A. Business Journal

EV infrastructure company Electrify America will invest $200 million into charging stations and zero-emission vehicle education campaigns in California

Originate Gets Strategic Investment

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Los Angeles-based "software innovation studio" Originate announced late Tuesday that it has received a strategic investment, from Pacific Growth Investors. Size of the investment were not announced. originate strategic investment software innovationconsulting labs venture capitalOriginate, which is led by CEo Brent Cohen, says it works with global brands and large enterprises to help them build new products or "reimagine legacy systems".

Invest 109