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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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.

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.

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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Crypto Invest Summit

SoCal Tech Calendar

Tuesday, May 1, 2018 --.

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Crypto Invest Summit

SoCal Tech Calendar

Monday, April 30, 2018 --.

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Trace3 Gets Strategic Investment

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Irvine-based Trace3 , an IT solutions provider which focuses on medium- and large- enterprise clients, has scored a strategic investment from H.I.G Size of the investment round was not announced. trace3 strategic investment venture capital consultingCapital, H.I.G. said on Thursday morning. Trace3 was founded in 2002, and has around 250 engineers providing IT consulting services. Trace3 founder Hayes Drumright will continue to serve on the company's board, according to H.I.G.

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Wavemaker Genesis Aims At Blockchain, Crypto Investments With New Fund

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Pacific Palisades-based Wavemaker Genesis , a new, venture capital investment fund aimed at Blockchain and cryptocurrency investments, has quietly been making the round of limited partners, according to a regulatory filing by the fund. Alon Goren, founder of the Crypto Invest Summit, is a Principal at the firm, with Jennifer Anderson serving as COO and Lee Borsai as Partner in Wavemaker Genesis Labs.

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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Wpromote Gets Investment From Shamrock Capital

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Los Angeles-based digital marketing agency Wpromote has received a private equity investment from Shamrock Capital , the two announced today--the first ever outside investment received by Wpromote, ever. Financial terms of the investment were not announced. marketing agency digital private acquisition merger investment venture capital shamrock wpromote

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Maco.la Targets Blockchain With New Investment Fund

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Management , a new investment fund, said it its targeting the blockchain market, with a new $6M fund. The new investment fund is led by Mark Strome. According to Maco.la, it is looking to invest in enterprises seeking to optimize and accelerate their business with the use of blockchain technology. macola blockchain investment fund venture capitalLos Angeles-based Maco.la

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CalAmp Invests In ThinxNet

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Irvine-based CalAmp has made an minority investment in German connected car company ThinxNext GmbH , the two said this week. Financial details of the investment were not announced. The two said that CalAmp has been providing telematics devices for ThinxNet's solutions since 2015. According to CalAmp, ThinxNet's automotive Internet-of-Things applications enables smartphone-based fuel payments in Germany. READ MORE>>.

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Champion Technology Gets Investment From R9B

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Santa Monica-based Champion Technology , which develops an artificial intelligence-powered software product for the cybersecurity area, to help improve cyber security analysis, has received a strategic investment from R9B (root9B, LLC), a provider of cybersecurity products and services. Size of the investment was not announced. According to the two, the investment deal came as a result of a strategic partnership and alliance between the companies.

NVCA: Venture Investments Drop In Q1

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Venture capital investments in the U.S. have dropped to the lowest rate of activity since Q4 of 2011, as venture capital investors continue to be shy about investing in startups, according to the latest PitchBook-NVCA Venture Monitor report. The NVCA said that is the fewest companies to receive investment since Q4 of 2011. Despite the investment slowdown, the NVCA said that venture firms have "plenty of cash to deploy" to startup across the United States, with $7.9

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Arrowroot Capital Invests $38M In ClickFox

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Santa Monica-based private equity investor Arrowroot Capital has invested $38M in big data and analytics software developer ClickFox , according to a regulatory filing from ClickFox this week. Arrowroot Capital is led by Founder and Managing Partner Matthew Safaii; Arrowroot says it invests in business-to-business software companies.

ImmunoCellular Therapeutics Seeks Buyer, Hires Investment Banker

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Los Angeles-based biotechnology developer ImmunoCellular Therapeutics said this morning that it has launched a "review of strategic alternatives", and has hired an investment banking firm, Ladenburg Thalmann & Co. immunocellular therapeutics investment banker banking biotech lifescience merger acquisition imuc cancer treatment stem cells

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Akatsuki Lauches $50M Entertainment Investment Fund

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Japanese entertainment firm Akatsuki has launched a brand new, Los Angeles-based entertainment fund, called the Akatsuki Entertainment Technology Fund (AET Fund) , which will invest in augmented reality and other entertainment technology, the Japanese company announced on Tuesday. The new investment fund's Managing Director is Tomoya Ogawa, who is CFO of Akatsuki.

Swell Launches Social Impact Investing Platform

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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 lets users invest as little as $500 into such themed investments in the areas of green technology, renewable energy, zero waste, clean water, healthy living, and disease eradication. swell social impact investing financial fintech investment

Brentwood Associates Invests In Credentials Solutions

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Los Angeles-based private equity investor Brentwood Associates announced this morning that it has made an investment in Credentials Solutions , a provider of software-enabled transcript, verification and parking services to the higher education market. Size of the investment was not announced. software parking investment equity private capital venture solutions credentials

Investment Fund Vision Esports Raises $38 Million

L.A. Business Journal

Investment fund Vision Esports announced on Feb. 22 that it raised $38 million in a round led by Evolution Media, the investment firm backed by Creative Artists Agency and private equity fund TPG Growth

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Pasadena Angels invest over $1M in iKizmet

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Pasadena, California (September 22, 2016) – The Pasadena Angels (PA) today announced the second investment from their PA Fund 1 (The Fund). The Fund invested an additional $75K in iKizmet, a business intelligence platform specifically created for small businesses operating fitness, wellness studios, and gyms. The Fund was formed in May of this year with a total investment of $1.3 Members have invested over $65 million in over 175 companies.

Michelson 20MM Invests In AdmitHub

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Michelson and his wife, Alya Michelson, said it has made an investment in Boston-based AdmitHub. Financial terms of the investment were not announced. The Michelson 20MM Foundation said it invests in leading edge entrepreneurs, technologies, and initiatives with the potential to improve postsecondary access, affordability, and efficacy. Los Angeles-based Michelson 20MM Foundation , a private foundation created by spinal surgeon Dr. Gary K.

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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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Newegg Gets Investment From Hangzhao Liaison Interactive

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Los Angeles-based online technology retailer Newegg announced late Thursday that it has received a "significant" investment from Chinese company Hangzhao Liaison Interactive Information Technology Co., Size of the investment was not announced. newegg hangzhao liaison interactive china international venture capital strategic investment

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CBRE Invests In Energy Services Startup Redaptive

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Los Angeles-based real estate services and investment firm CBRE Group has made a strategic investment in San Francisco-based energy services startup Redaptive , CBRE announced this morning. As part of the investment, Matt Werner, Global President, Facilities Management at CBRE, will join Redaptive's board of directors.

Fifth Wall Backs Opendoor In $135M Investment Round

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Venice, California-based venture capital investor Fifth Wall says it has made a $135M investment in San Francisco-based real estate sales startup Opendoor , as part of a combined equity and debt funding. According to Fifth Wall, it provided $100M in debt financing, along with its anchor LP, Lennar Corporation, in addition to investing $35M in equity from its Fifth Wall Fund. fifth wall opendoor venture capital investment investing realestate real estate sales listing

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Watertower Ventures Raises $5M Investment Fund

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Los Angeles-based Watertower Ventures has raised a new, $5M investment fund, which will focus on companies in the Internet infrastructure, next-generation e-commerce, digital media, gaming, augmented reality and artificial intelligenec, and consumer Internet areas. Norton said the fund will invest $100,000 to $500,000 in startups, and will invest in what it calls "first insitutional capital" fundings, right after friends and family investments.

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Acacia Research Makes Move Into Blockchain, Invests In Bitzumi

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Newport Beach-based patent licensing firm Acacia Research has made its first move into the blockchain and cryptocurrency market, saying this morning that it has made an investment in New York-based Bitzumi. According to Acacia, it invested $1M in equity in Bitzumi in a joint venture, with the option to invest up to an additional $9M in the company. acaciaresearch bitzumi bitcoin marketplace cryptocurrency venture capital strategic investment blockchain

Bonfire Ventures closes $60 million to invest in SoCal B2B startups

TechCrunch LA

Los Angeles is becoming one of the more interesting destinations for startups and the investors that provide money for venture capital firms to place bets on young companies are increasingly starting to take notice.

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Axiom Materials Gets Funding, Investment

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Santa Ana-based Axiom Materials , a developer of advanced composites for the aerospace, defense, automobile, energy, and other industries, is in a recapitalization and investment deal with private equity investor Sorenson Capital. Financial details of the investment and recap were not announced by the companies. The two son Friday that the deal involves a "significant" investment from Sorenson Capital, along with Yukon Partners.

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First Access Entertainment Launches New Seed Investment Fund For Youth

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Los Angeles-based First Access Entertainment , and entertainment firm which provides music recording management and publishing, film and TV development, and acting and model management, said this morning that it has launched a new investment fund, called The Fund by First Access Entertainment. According to First Access, the new fund will invest in companies started by "creative young people". Size of the new investment fund was not announced.

Pasadena Angels Invest Over $4M in 2014

Ask the Angels

Pasadena Angels for the 3rd consecutive year invested over $4 million in an array of exciting start-up companies. April 6, 2015 — Pasadena Angels (PA) today announced that the group has invested a total of $4,163,000 in 17 deals during the year of 2014, making it the third consecutive year with over $4 million invested in deals. Since the inception of the Pasadena Angels in 2000, members have invested over $50 million in over 120 companies.

Global Eagle Entertainment Investment Deal Collapses

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Los Angeles-based Global Eagle Entertainment , a developer of in-flight entertainment products and provider of broadband Internet services, has called off a $416M majority investment deal from Chinese company HNA Group , after the U.S. The two companies failed to gain approval from the Committee on Foreign Investment in the United States (CFIUS). overseas international investment china group iseego cfius acquisition merger wireless inflight entertainment eagle global