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.

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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).

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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

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

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

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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.

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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

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

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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. TC investment finance greycroft partners upfront ventures crosscut ventures Los Angeles

ServiceNow Eyes San Diego Investments As Part Of $100M Fund

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ServiceNow, the digital workflow and service management software developer which has operations in San Diego, said today that it has launched a new $100M investment fund, part of which will look at investments in San Diego. The company said the new fund is managed by RBC Global Asset Management, and specifically will look at investments in San Diego, as well as other markets were ServiceNow has a presence. servicenow diego venture capital investment fund black

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.

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

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Illumina Accelerator Makes Investments In Nine Startups

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San Diego-based life sciences equipment giant Illumina said today that it has made investments in nine new genomics companies, as part of the company's startup accelerator, the Illumina Accelerator. The company said it made investments in four companies for its effort in the UK, and five companies at its accelerator in the Bay Area.

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8 Keys To That First Investment From People You Know

Startup Professionals Musings

In fact, most investors “require” that you already have some investment from friends and family before they will even step up to the plate. You see, investors invest in people, before they invest in ideas or products.

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.

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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. TC crosscut ventures finance greycroft partners investment Los Angeles upfront venturesIn that time they’ve seen the city’s technology scene evolve in fits and starts, […].

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.

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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

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.

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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.

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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

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

AlphaTrAI Applies AI To Investment Management

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alphatrai investment management machine learning fintech financialSan Diego-based AlphaTrAI , a fintech startup which is backed by venture capital investor Analytics Ventures, says it is launching its own, extrenal fund, and is expanding its leadership team.

Invest 100

Humana partners with Heal and invests $100 million in the company’s doctor-on-demand service

TechCrunch LA

“The doctor’s office is dead.” ” That’s the way Nick Desai, the co-founder and chief executive of the Los Angeles-based startup Heal describes the future of traditional healthcare delivery.

Demand 209

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. Yellow investment SketchAR. Another investment from this batch, Mogul Millennial, is building a media brand around connecting Black professionals with professional resources. Earlier Yellow bets skewed more toward content investments as Snapchat was scaling Discover.

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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.

Arqlite Lands Investment From CEMEX Ventures

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Santa Ana-based Arqlite SPC , a company which has developed a way to processes unrecyclable plastic waste into artificial gravel, has received an investment from CEMEX Ventures , the corporate venturing arm of the building materials giant. Size of the investment were not announced. arqlite cemex ventures plastic recycling aggregate materials venture capital strategic gravel investment

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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.

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Clearlake Boosts Investment In Diligent

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as well as funds from Blackstone Tactical Opportunities, have increased their investment in New York-based Diligent , a developer of portal software for corporate boards. Financial details of that investment were not announced. Santa Monica-based private equity investor Clearlake Capital Group, L.P. , Diligent's biggest investor is Insight Partners. According to Diligent, it now has more than 19,000 clients.

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Wave Gets Investment From Tencent Holdings

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Los Angeles-based virtual reality startup Wave has scoreds an investment from Chinese company Tencent Holdings , as part of a partnership to bring Wave's animated concert technology to companies in China, the two said on Thursday. Financial details of the minority investment were not announced.

Invest 116

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".

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Faraday Future Gets Investment From China's Geely

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Los Angeles-based electric vehicle manufacturer Faraday Future said last week that it has linked a deal with China's largest privately owned automotive group, Zhejian Geely Holdings Group. According to the two, Geely Holdings Group will become a minority investor in Faraday Future, as part of Faraday's merge with Property Solutions Acquisition Corp. PSAC), the special purpose acquisition company (SPAC) which is being used to deliver Faraday Future into the public markets.

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Clearlake's NetDocuments Gets New Investment

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According to NetDocuments, it has received a "significant" new equity investment from another private equity investor, Cove Hill Partners. Size and terms of that investment was not announced by the companies. netdocuments private equity clearlake capital cove hill strategic venture investment document management software saas cloud

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Moonshots Capital Ramps Investment Pace With Lead On Two Investments

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Los Angeles- and Austin-based Moonshots Capital , the venture capital fund led by serial entrepreneur Kelly Perdew, is ramping its investment pace, with the first two formal investments out of its new fund. The two investments, both announced in January, were cyber-defense firm Threatcare , and bot detection developer New Knowledge. Moonshots also led the investment in New Knowledge. moonshots capital kelly perdew cybersecurity security venture investment

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Newport Beach Investment

SoCal Tech Calendar

Thursday, March 7, 2019 -- Newport Beach Investment Networking Expo. Evening of investment networking at Fashion Island's Mariposa Restaurant as we bring together Southern California's top investment professionals to form new connections and discuss opportunities. See [link] (more

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Think ahead when raising your early investments

Berkonomics

Sooner or later you may need to seek venture capital and accommodate the needs of the venture community in negotiating the terms of an investment. First, VC’s in general cannot invest in ‘S’ corporations or limited liability companies (LLC’s). More importantly, VC’s will worry over several issues when looking at a company and deciding about an investment. Some businesses just can’t fit within the angel capital or friends and family model for raising funds.

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Calibrate Ventures Raises $80M Investment Fund

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The firm said it is targeting initial investment of $5 million in companies generating revenue between $1 million and $5 million, and already has made investments in five companies, including Alpha, Broadly, Built Robotics, Embodied, and Soft Robotics. The firm's founders have previously made investments in such companies as Chegg, Dollar Shave Club, Ring, ServiceMax, and SolarCity, according to the venture firm.

CerraCap Ventures Gets Investment From Mexico Ventures

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cerracap ventures venture capital investment fintech orange county mexico internationalCosta Mesa-based CerraCap Ventures READ MORE>>.

Invest 116

Hyundai Invests In Netradyne

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According to Hyundai CRADLE, Hyundai Motor Company's corporate venturing organization, it made an investment in Netradyne, but did not disclose how much it invested in the startup. Hyundai said the investment deal also included support for further development of Level 3+ Advanced Driver Assistance Systems (L3+ ADAS) and Autonomous Driving (AD) features that may launch over the next few years for Hyundai.

Invest 100

SpaceX Gets Investment From Legendary Ventures

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Hawthorne, California-based rocket and spacecraft developer SpaceX has just closed a Series N funding round, according to investor Legendary Ventures, which invested in the round. Amount of the Series N funding round was not announced, and Legendary Ventures did not say how much it invested in SpaceX through the round, and whether is was a major or minor investor in the round. The investment firm's General Partner is Jayson Kim.

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PeerStreet Drops Investment Minimums To $100

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Los Angeles-based PeerStreet , the startup which offers up investment opportunities in real estate backed loans, says it has dropped investment minimums on its service to just $100, when used with automated investments. peerstreet investment investing real estate realestate loans fintech finance

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iHerb To Invest $100M In Russia

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Pasadena-based online vitamin seller iHerb says it plans to invest $100M in Russia, as a part of an effort to serve the Russian community. The company said the investment will include exporting Russian products, partnerships with Russian logistics companies, expansion of our technology development center, and the building of robotic fulfillment centers.

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Acorns Gets Investment From TPG

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Irvine-based micro-investing app developer Acorns said this morning that it has received an investment from private equity investor TPG, via TPG's The Rise Fund, which is focused on companies in the social and environmental area. According to Acorns, the investment by TPG's Rise Fund is the first in a fintech company. Size of the investment was not announced by the company. risefund finance investing fintech capital venture equity private investment acorns

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