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.

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.

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. Close. This statement could be considered controversial.

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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.

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.

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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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Qualcomm Sets Up New, $100M AI Investment Fund

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San Diego-based Qualcomm announced on Wednesday that it has launched a brand new, venture capital investment fund, which will focus only an artificial intelligence. The first investment out of the fund is in AnyVision , a startup working on face, body, and object recognition. learning machine finance investment capital venture intelligence artificial qualcomm

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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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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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Michael Jordan, Declaration Capital Invest in Axiomatic

L.A. Business Journal

Former Chicago Bulls star and owner of NBA team the Charlotte Hornets Michael Jordan invested in Axiomatic E-sports alongside Declaration Capital, the investing office of Washington, D.C.-based based Carlyle Group co-founder David Rubenstein

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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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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Upfront Ventures Leads Investment In MetaCX

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Los Angeles-based venture investor Upfront Ventures is the lead investor in a MetacX , a startup developing collaboration software for suppliers and buyers of enterprise software. According to MetaCX, it raised over $14M in the funding round, which was led by Upfront Ventures. Upfront's participation was led by Kobie Fuller, who joins MetaCX's board of directors as part of the funding.

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Soon-Shiong’s NantWorks Invests in Daybreak Games

L.A. Business Journal

6 it invested an undisclosed sum into Daybreak Game Co., creating through the investment a joint venture titled NantG Mobile Wilshire-based NantWorks, a diversified holding company run by Patrick Soon-Shiong, announced Sept.

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Several more real costs of taking outsider investments.

Berkonomics

The investor organization is granted the seat as long as the investment remains, and the documents often name the first representative assigned by the investor group to the position. Close. Let’s talk about the reality of taking money from professional investors.

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Edlio Snags Investment for K-12 Education Software Acquisition

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Los Angeles-based Edlio , has received a growth capital investment this morning, for its K-12 education and "community engagement" software, and in particular, acquisitions of other companies. The funding came from private equity investment provider LLR Partners. Size of the investment was not announced. According to LLR Partners, its investment will be used by Edlio to support its market expansion, via organic growth and acquisitions.

Where is the best source of early stage investment?

Berkonomics

If you have been following our recent insights, you’ll be up to speed knowing that professional investors negotiate tough terms, from provisions of control over asset acquisition, eventual sale of the company, future investments, forced co-sale when others attempt to sell their shares and more.

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Shamrock Leads Sport Video AI Investment

L.A. Business Journal

Shamrock Capital Advisors led a $30 million investment round in artificial intelligence and sports video production firm Pixellot

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Cred Launches Micro-Investing App For Cryptocurrency

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said this morning that it has launched a new mobile app to help consumer invest and learn about cryptocurrency. The startup, led by Brendon McQueen, says its mobile app let users invest in cryptocurrency like Bitcoin, Ethereum, and others for as little as $10--and even lets users purchase cryptocurrency with the change they have from their everyday purchases. The "micro-investing" part of the app rounds everyday purchases--for example, rounding up a $3.55

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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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OncoSec Finds $15M In Investment

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San Diego-based cancer immunotherapy developer OncoSec Medical announced this morning that it has raised $15M in an investment in the publicly held company. OncoSec, which is publicly traded on the NASDAQ as ONCS, said it secure the $15M investment from Alpha Holdings, via a strategic investment. Although publicly traded, OncoSec--like many public biopharmaceuticals firms--has taken a number of other private investments in its publicly traded stock (PIPEs).

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Invest in Lines, not Dots

Both Sides of the Table

In normal times investors will look for “traction&# before investing. I spoke about this more in depth in these two posts: 4 things I look for in an investment & how to manage VC relationships. I didn’t invest in Orgoo but by the time he launched Ad.ly

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Disney Invests $15M In Kahoot, Maker Of Learning Games

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Burbank-based Disney has made a $15M investment in Norwegian educational and learning games developer Kahoot , Kahoot said Friday, in a deal which grows Disney's stake in the company. Kahoot--which was part of the Disney Accelerator in Burbank back in 2017--revolves around user-created quizzes, which people set up and share with other users. READ MORE>>. kahoot disney venture capital educaitonal learning software game games

Preccelerator Program Targets $25K Investments In Startups

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Los Angeles-based, early stage startup accelerator The Precellerator Program , which is associated with legal firm Stubbs Alderton & Markiles, LLP, says this morning that it will start investing $25,000 in unrestricted cash in the startups which join its program, in addition to the $25,000 in legal services it already provides to participants. The move is the first for the program to providing cash investments in startups. invested in those firms.

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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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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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Greycroft Invests $20M In Freight Marketplace

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Los Angeles- and New York-based venture capital investment firm Greycroft Ventures is the lead investor in a new, online marketplace for the freight and trucking industry. According to Scottsdale, Arizona-based startup Emerge , it has raised $20M in a seed funding round, which was led by Greycroft, as well as other existing investors.

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LegalZoom Valued at $2 Billion Following Investment

L.A. Business Journal

With this investment, LegalZoom’s estimated value totals roughly $2 billion Glendale online legal technology company LegalZoom.com Inc. announced June 30 it completed a $500 million financing round from four total investors, its second since the firm’s founding in 2001.

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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Why @UpfrontVC invested in Disruptive Rental Car Startup @Skurt

Both Sides of the Table

But it wasn’t until I met the team from Skurt that I felt compelled to invest. Rental cars.

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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

Upfront, WndrCo Back Rally Rd. For Classic Car Investments

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Los Angeles-based Upfront Ventures , along with Jeffrey Katzenberg's investment fund, WndrCo and rapper Nas , are the lead investors in a new startup, Rally Rd. which lets individuals invest in fractional shares of blue chip, classic cars. said it is building a network of showrooms where users can see collectible cars, and lets them invest in fractional shares of ownership of those vehicles--where they can then buy and sell at will in a secondary marketplace.

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AECOM Forms Investment Fund

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Los Angeles-based AECOM Technology , which provides professional, technical, and other support services to companies, reported that it has created a new $150M investment fund. has offices in both New York City and Los Angeles, and will invest in real estate and public-private projects.

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Meg Whitman Invests in Immortals; Joins Board

L.A. Business Journal

Westwood-based Immortals, an e-sports competition league with worldwide reach, announced today an investment from Meg Whitman, who also joined the company’s board of directors

Crypto Invest Summit

SoCal Tech Calendar

Wednesday, May 2, 2018 --.

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