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Report: SpaceX Raising New Funding At Near $10 Billion Valuation

socalTECH

A new report this morning says that Hawthorne-based spaceship and rocket developer Space Exploration Technologies is in the midst of raising a new round of investment, which values the company at around $10 billion. The report came from TechCrunch. Amount of funding, and the investors involved, have not been disclosed.

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SpaceX Lands $850M, Now Worth $74 Billion

socalTECH

Hawthorne, California-based SpaceX has completed raising $850M in new funding, boosting the valuation of the company to an astounding $74 billion, according to CNBC. The funding--which has not been announced by SpaceX--apparently valued SpaceX at $419.99

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SpaceX Gets Investment From Legendary Ventures

socalTECH

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. A report in August said SpaceX was raising $1.9 The investment firm's General Partner is Jayson Kim. READ MORE>>.

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SoCal Venture Capital Investments Total $497.8M In Q4

socalTECH

Southern California venture capital investments total $497.8M, according to the latest numbers from the MoneyTree Report by PricewaterhouseCoopers LLP and the National Venture Capital Association, which were released this evening, based on data from Thomson Reuters. in a funding round.

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Los Angeles investors and entrepreneurs launch PledgeLA, a diversity and inclusion program

TechCrunch LA

In an attempt to boost diversity and inclusion efforts and civic engagement between the growing technology industry in Los Angeles and the community that surrounds it, over 80 venture capitalists and entrepreneurs joined the city’s mayor, Eric Garcetti, and the non-profit Annenberg Foundation to announce PledgeLA. The landmark.

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Who's In Southern California's Unicorn Club?

socalTECH

The list of technology startups in Southern California who are "unicorns"--valued at more than $1 billion--surprisingly, might not be who you think, and in the sectors you might expect. and no, there aren't any entertainment-technology companies anywhere in sight). SpaceX (www.spacex.com). Razer (www.razerzone.com).

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Venture Capitalists Invest $475.5M In Southern California In Q3, Says MoneyTree

socalTECH

PricewaterhouseCoopers and the National Venture Capital Association have weighed in on Q3 venture capital totals, saying that $475.5M Nationally, the MoneyTree report from PricewaterhouseCoopers and the National Venture Capital Association based on data from Thomson Reuters, found that there was $4.8