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Closing on $103M, MaC VC is changing the face of venture capital

TechCrunch LA

The partners at MaC Venture Capital , the Los Angeles-based investment firm that has just closed on $103 million for its inaugural fund, have spent the bulk of their careers breaking barriers. “Our LPs invested in us… for lots of different reasons but at the top of the list was that we are a diverse team in so many ways.

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Understanding What’s Going on in #LATech

Both Sides of the Table

Back then only 15% of our dollars were invested locally whereas today 50% of our dollars are invested in LA. And I constantly have to remind people that the largest tech startup employer in LA is actually SpaceX and that, yes, Elon Musk does live in LA.

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Techstars Los Angeles names Matt Kozlov as its new managing director

TechCrunch LA

Beyond Southern California’s coastal appeal is a vibrant technology ecosystem that encompasses enterprise software, financial services, healthcare, aerospace and defense, robotics, ecommerce and social media. base of operations and SpaceX’s significant presence has born a number of talented hardware and engineering startups.

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Relativity, a new star in the space race, raises $140 million for its 3-D printed rockets

TechCrunch LA

Tagging along for the ride are a motley assortment of millionaires and billionaires, movie stars and media moguls that are providing the money the rocket launch services provider and manufacturer of large-scale, 3-D printers needs to achieve its goals. “We’re really really truly focused on the rockets for now,” says Ellis.

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Disrupting Space: A new event from TechCrunch

TechCrunch LA

Every radical turn in technology history has its great entrepreneur, and for space that person is SpaceX founder Elon Musk. In 2018 alone, venture investments in space topped $2 billion for the first time, and 187 investors wrote checks to 90 startups, according to Bryce Space and Technology. Air Force and, of course, SpaceX. .

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As Groupon Files For IPO, What SoCal Firms Might Be Next?

socalTECH

Southern California has had its own share of IPOs over the last year, including Demand Media, Active Network, and Boingo Wireless. SpaceX [ profile ]. Backers: A123 Systems, Ace Investments, Eco-Drive (Capital) Partners, Kleiner Perkins Caufield and Byers, New Enterprise Associates, Palo Alto Investors, Qatar Investment Authority.

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9 Innovative Startups To Watch For in 2024

Tech.Co

RunwayML Runway is an applied AI tool artists can use to create AI-generated media, like video, audio and text. The startup was listed in TIME100 Most Influential Companies 2023 too, alongside industry heavyweights like Nvidia and SpaceX. Vibrant Planet's Land Tender tool. Brightwheel’s successes aren’t going on unnoticed, either.

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