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Six companies started by students at the University of Southern California's Lloyd Greif Center for Entrepreneurial Studies at USC Marshall have been awarded a total of $50,000 in seedfunding, after competing in the center's New Venture Seed Competition held this week.
Los Angeles-based SightCine , a developer of digital overlay projection technology, told socalTECH today that the firm has raised an initial round of seedfunding. Amount of the funding and source was not disclosed.
Irvine-based Mica Energies announced Wednesday afternoon that it has received a seedfunding, and says it is working on a "proof of concept" for ite technology, focused on harvesting radio frequencies from the environment. Source and amount of that seedfunding was not announced.
Burbank-based Network Optix , a startup developing video transport, management, and display technology, said this morning that it has raised $750,000 in a seedfunding. The firm said the convertible debt round came from Jor Law, Veracity, HauteSpot Networks, Kenneth Lu, and other angel investors.
Pasadena-based SeqOnce Biosciences , which is developing next generation sequencing technology, has raised $1M in a seedfunding round, according to the company. According to SeqOnce, it will use the new funding for commercialization of a library construction kit for whole genome next generation sequencing (NGS).
Culver City-based Indi Molecular , a developer of synthetic replacements for antibodies, announced Tuesday that it has raised $300,000 more in its seedfunding, bringing the total raised in the round to $1.8M. The new funding was led by InterWest Partners, and also included several un-named, angel investors. READ MORE>>.
in seedfunding in Q1, which was up 2.5 The most active area for LA area seed investments was in media, entertainment, and gaming, with software-as-a-service businesses also bringing in significant seedfunding. According to the report from Amplify, 23 LA startups raised a total of $52.9M percent from Q1 of 2017.
San Diego-based Independa , a startup developing products to help senior citizens live independently longer via technology, said this week that it has received a second round of seedfunding, and launched its products. Amount and source of the funding was not disclosed.
Santa Monica-based Luxury Travel Hackers said today that it has launched a new company, focused on helping the "mobile millennial" book "influencer-curated" trips via social media, with a seedfunding. Size of the funding was not announced.
GroGuru , a startup developing irrigation automation technology for the agriculture industry, has raise $250,000 in a seedfunding from Western Growers and Radicle Growth. According to Western Growers and Radicle Growth, the new funding will help GroGuru advance its automation technology.
San Diego-based Chalk Digital , a provider of location-based, mobile advertising technology aimed at local businesses, said today that it has raised a seedfunding round. Size of the funding was not announced. The funding came from Composite Capital Partners, Kernal Capital Inc., READ MORE>>.
Los Angeles-based Nativo , the online advertising technology firm led by Justin Choi, has raised $3.5M in a Series A funding round, the firm announced Tuesday. The funding was led by Greycroft Partners, and also included e.ventures and Signia Venture Partners. in seedfunding from Signia and angels.
San Diego-based GrollTex , a new startup spinning out of the University of California, San Diego, has scored a seedfunding round. The funding came from The Triton Fund and the Tech Coast Angels. Size of the funding was not disclosed. READ MORE>>.
There''s so much technology growing, there''s those five or six kids who are really smart and creating the next WhatsApp, or the next game, or the next item which becomes the Internet of you, the Internet of things. Why not Los Angeles? Why not Silicon Beach? Why not bring investment into the community.
Los Angeles-based fintech startup Vesica Technologies, a developer of a product which provides information on financial markets, including daily market movements, volatility, and major trades, has raised $2.1M in a seedfunding. The funding came from Mercury Digital Assets and Miami International Holdings, Inc.
According to ventureLab, it will provide seedfunding, along with product, marketing, and opertional support to its companies. The company did not say how much funding it intends to provide to startups. ventureLab is currently targeting companies in the area of advertising technology, social/gaming media, content and community.
Los Angeles-based Geenee , a company developing mobile software that allows physical objects to trigger mobile, augmented reality (AR) experiences, has raised $7M in a seedfunding round, the company said on Tuesday morning. The company said the funding was led by IDI Partners.
Los Angeles-based NXCR, a new, subscription car startup led by automotive startup veteran Scott Painter, has raised $30M in a seedfunding, based on an internal employee email obtained by socaltech. According to the email from Painter, the funding is the company's first external equity financing.
Camarillo-based Connexity , a new Internet advertising firm headed by former Fastclick CEO Dave Gross, said today that it has raised a seedfunding round. The funding round came from Persistence Partners, which is also headed by Gross. Amount of the round was not announced.
San Diego-based Independa , a startup developing products to help senior citizens live independently longer via technology, said this week that it has received a second round of seedfunding, and launched its products. Amount and source of the funding was not disclosed.
You might like to think that a bunch of savvy venture capitalists saw a market niche for raising smaller funds or perhaps there was a generational shift where disgruntled junior partners spun out of bigger firms to start their own gigs. As you can see below the number of seedfunds shot up dramatically between 2006 and 2014.
San Diego-based Deckard Technologies , a new startup founded by serial entrepreneur Neil Senturia, said on Monday that it has raised $4M in funding and launched a new company focused on using artificial intelligence (AI) to identify property tax scofflaws. The company said its latest funding was worth $500,000.
Santa Monica-based GoCoin --one of the first BitCoin startups to emerge out of the Silicon Beach technology ecosystem--said today that it has raised $550,000 in a seedfunding round, to develop a platform to enable the purchasing of good and services around the world with Bitcoin.
But VC is an “illiquid asset&# so funds didn’t disappear quickly - In 2000/01 the stock market quickly adjusted punishing investors in the NASDAQ and in individual public technology stocks. It takes less to start a business these days – We all know that it takes less to start a technology company these days.
Los Angeles-based Red 6 Aerospace , a startup developing Augmented Reality software aimed at used in what it says are "high-speed, dynamic environments", has raised $2.35M in a seedfunding round. The funding was led by Moonshots Capital, and also included Irongate Capital Advisors, as well as angel investors.
San Diego-based IKIN said this morning that it has launched its company, backed by $5M in seedfunding, to bring personalized, 3D holograms to life. The startup--led by CEO Joe Ward--says it has created a new augmented reality technology it says will enable "immersive free-standing holograms" generated from a user's smartphone.
La Jolla-based Aira.IO , a developer of software tools which use Google Glass to help the blind and low-vision individuals, has raised $790,000 in a seedfunding round, the company said this morning. The funding came from Lux Capital and ARCH Venture Partners,a long with futurist Ray Kurzweil and blind adventurer Erik Weihenmayor.
Los Angeles- and Palo Alto-based MaC Venture Capital has launched a new, $103M seed stage investment fund today, saying it plans to invest in technology startups across the fintech, e-commerce and marketplaces, interactive media, connectivity, enterprise SaaS, space and aerospace, logistics, and other sectors.
Cover Technologies Inc., million in seedfunding, according to a statement released Tuesday. a prefab building company that designs and manufactures backyard studios, has raised $1.6
Fika Ventures , a new startup venture fund led by venture capitalists Tx Zhuo, Eva Ho, and Arteen Arabshahi, has officially launched this morning, saying that it is investing in startups focused on data, related AI-enabled technologies, and automation.
Gardena, California-based Cover , which develops technology which uses algorithms and software to build custom, prefab buildings, including backyard studios, has raised $1.6M in a seedfunding round. The funding was led by General Catalyst and Khosla Ventures, and also included Fifty Years, Hyperspeed Ventures, and angels.
Monrovia, California-based SiLC Technologies, a developer of machine vision tools, says it has raised $17M in a Series A funding round. The company says it has now raised $30M in total, including an earlier, $12M seedfunding last year.
Across more than 10 years we have kept the size of our Seed investments between $2–3.5 million, our SeedFunds mostly between $200–300 million and have delivered median ownerships of ~20% from the first check we write into a startup. We also focus heavily on geographies. How Does the Industry Really Work? So it’s about 20%.
in a seedfunding round. The funding round was led by the Tech Coast Angels, and the TCA's San Diego chapter. San Diego-based Atlazo , a startup developing systems-on-a-chip (SoC) semiconductors aimed at used in healthcare and Internet-of-Things (IoT) applications, has raised $3.4M in the round.
In some what-did-our-spam filter eat-recently funding news, Santa Monica-based Privlo recently raised $2.1M in a seedfunding round, for its online marketplace for private mortgage loans. Privlo, which was founded by Michael Slavin, said the new funding came from QED Ventures. READ MORE>>.
Los Angeles-based Entropix , which says it is developing super high resolution, video surveillance technology, has raised $1M in a seedfunding round. Names of the company's seed investors were not disclosed.
Saturday, March 12, 2011 -- Angel Investing and Technology Trends. He will also touch on the technology trends that angels are currently interested in funding. Bootstrap2+2. See [link] (more)
The accelerator said that it is aiming at helping entrepreneurs--particularly in the social and mobile technology space--in Los Angeles, San Diego, and Orange County with pre-seedfunding and mentoring.
in a seedfunding round, which included local high profile technology executives Ted Meisel, Gil Elbaz, Sean Moriarty, Jarl Mohn, along with Siemer Ventures. Rexter , a brand new, Pasadena startup looking to put business contact management on steroids, said today that it has raised $1.5M
in a seedfunding round. Pervical--who was previously at MySpace--is also known for founding LA technology blog Lalawag. Los Angeles-based WittleBee , the children's clothing site headed by Sean Percival, announced Wednesday afternoon that it has raised $2.5M The round was led by Rincon Ventures, and also included.
Los Angeles-based Sensay , a developer of chatbot technology, has raised $4.5M in a seedfunding round, according to the company. The funding was led by Norwest Venture Partners, and also included Greycroft Partners, Sweet Capital, NHN, Draper Associates and other.
in a seedfunding round. The funding was led by InterWest Partners, and also included a number of un-named angel investors. Indi Molecular''s technology is based on PCC (protein catalyzed capture) agent technology licensed from the California Institute of Technology. READ MORE>>.
Los Angeles-based DASH Systems , a developer of technology that allows for precision airdrop of deliveries from cargo aircraft, has raised $8M in a seedfunding round, the company said this morning. The funding was led by 8VC, and also included Tusk Venture Partners, Loup Ventures, Trust Ventures, Perot Jain, and MiLA Capital.
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