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Draper Goren Holm Raises $25M Blockchain Fund

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Los Angeles-based Draper Goren Holm , a new venture capital fund founded by Tim Draper, Alon Goren, and Josef Holm, announced on Tuesday that it has raised $25M in its very first fund. According to the firm, its Fund 1 will make seed and Series A investments in the fintech and blockchain startup world. READ MORE>>.

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Calacanis Takes On Keiretsu Forum On Fees

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Jason Calacanis , CEO of Santa Monica-based Mahalo.com and co-producer of the TechCrunch50 conference--not known for pulling his punches--publicly targeted angel group The Keiretsu Forum today for their presentation fees. In Calacanis' personal blog, he called for bloggers to launch a public campaign against Keiretsu.

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Calacanis/Keiretsu Tiff Heats Up With Lawsuit

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A personal campaign by Santa Monica-based Mahalo.com 's CEO, Jason Calacanis, to put pressure on for-profit angel investment firms to stop charging entrepreneurs to pitch, has ramped up, as Calacanis said Tuesday that he has been informed that Keiretsu Forum is filing a lawsuit against him.

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Tech Coast Angels, Rady Venture Fund Back Savara Pharmaceuticals

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Two, Southern California investment groups have backed a developer of treatments for infections in cystic fibrosis patients, Savara Pharmaceuticals , they announced today. According to the Tech Coast Angels , it contributed $3M to the funding, the largest single funding ever raised by the group.

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Calacanis: First Angels In New Angel Group

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Calacanis--who started the group as an outgrowth of his crusade against pay-to-pitch angel groups like The Keiretsu Forum--said in his blog today that he has signed up Matt Coffin , Sky Dayton , and Bill Woodward as members of his group.

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Tech Coast Angels, Pasadena Angels Among Top Angel Groups In New Report

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The Keiretsu Forum was ranked number one in the nation in terms of deal activity in 2016 overall. The rankings were released in the Angel Resource Insitute's 2016 ARI HALO Report. The ARI did not release individual deal counts for the various angel groups. READ MORE>>.

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Tech Coast Angels Fund Cadence Biomedical

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The funding was led by HealthTech Capital, and also included the Sand Hill Angels, Tech Coast Angels, ACE Fund, Frontier Angel Fund, WINGS, Alliance of Angels, and Keiretsu Forum Northwest. Cadence Biomedical is based in Seattle.