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Tuesday, March 26, 2024

Picogrid Gets $12M for Defense Systems

El Segundo-based defense startup Picogrid announced on Tuesday that it has raised $12M in a funding round. The funding was led by Initialized Capital, and also included Starburst Ventures, Credo Ventures, Giant Step Capital, Domino Venture...

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Thursday, March 21, 2024

Firestorm Labs Lands $12.5M In Seed Funding From Lockheed Martin, Others

San Diego-based Firestorm Labs, a developer of unmanned aerial systems (UAS), says it has received $12.5M in a seed funding round. The funding came from Lockheed Martin Ventures, as well as Decisive Point, Silent Ventures, 645 Ventures, Ove...

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Wednesday, March 20, 2024

Foxy.ai Gets $1.5M For AI Girlfriends

Los Angeles-based Foxy.ai, which develops "hyper-realistic AI girlfriends" based on celebrities and influencers, says it has raised $1.5M in funding. Source of the funding was not disclosed, however, the company said the funding came from "...

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Monday, March 18, 2024

Bitbrand Gets $500K For Blockchain Apple Watch Graphics

Los Angeles-based Bitbrand announced this morning that it has raised $500K in its first funding round. The company said the funding came from Hustle Fund, Side Door Ventures, GFR Fund and others, including others blockchain and luxury inves...

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Tuesday, March 12, 2024

Liquid Death Gets $67M, Joins Unicorns

Los Angeles-based Liquid Death, the maker of a heavily branded, flavored sparkling water, has raised $67M in a financing round, the company said this week. The company said the funding came from strategic partners, plus new investors, inclu...

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Thursday, March 7, 2024

Rakuten Medical Gets $119M In Series E

Rakuten medical, a company developing precision therapies for treating cancer, has raised $119M in a Series E funding round. The company said the new funding came from Hikma, a global pharmaceutical company, and Mizuho Bank and Dai-ichi Lif...

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Monday, March 4, 2024

A Look At Plug In South LA

What is Plug In South LA? Techcrunch looks at the accelerator program, which is aimed at helping accelerate startups based in South Los Angeles, and bolsters "Black & Brown early-stage entrepreneurs", who have historically had a very diffic...

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Tuesday, February 27, 2024

SimpleClosure Sees $4M Seed To Automate Business Shutdowns

Santa Monica-based SimpleClosure, a startup which says it has created an automated platform to help people shut down their businesses, has raised $4M in a seed funding round. According to the company, the new funding was led by Infinite Ven...

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Monday, February 26, 2024

mTab Snags $15M In Credit

Yorba Linda-based mTab, a developer of technology used for market insights and survey data, has raised $15M in a credit financing. According to the company, the credit financing came from Kayne Anderson Growth Capital. Terms of the financin...

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Friday, February 23, 2024

Santa Barbara Venture Partners Gets Exit At Jackpocket

Santa Barbara Venture Partners, the venture fund run by Dan Engel, has scored the second exit in its first fund, SBVP Fund I, in the acquisition of Jackpocket earlier this month. SBVP did not say how much of Jackpocket it owned. DraftKings ...

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Thursday, February 22, 2024

NTWRK Acquires Complex

Financial terms of the acquisition were not announced. NTWRK said that the venture is being backed by Main Street Advisors, Jimmy Iovine, Universal Music Group, and Goldman Sachs, with a strategic partnership with Universal Music Group. Th...

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Wednesday, February 21, 2024

Thin Line Capital Raises Fund II

Pasadena-based cleantech investor Thin Line Capital has completed its second fund, Thin Line Capital Fund II, according to the firm. Size of the new fund was not announced. According to the firm--run by founder and managing partner Aaron Fy...

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Wednesday, February 21, 2024

Blacksmith Medicines Gets $3.3M Via NIH Funding

San Diego-based Blacksmith Medicines, a developer of biopharmaceuticals, says it has received $3.3M in funding from the National Institute of Allergy and Infectious Diseases (NIAID), part of the National Institutes of Health (NIH). Accordin...

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Tuesday, February 20, 2024

Northwood Space Raises $6.3M For Space Backhaul

El Segundo-based Northwood Space said Tuesday morning that it has raised $6.3M in a funding round, to "build a data highway between earth and space". The startup said the funding--a seed round--came from Founders Fund ...

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Wednesday, February 14, 2024

Latigo Biotherapeutics Finds $135M

Thousand Oaks-based Latigo Biotherapeutics, a biotherapeutics company developing non-opioid pain medications, says it has raised $135M in a Series A funding round. The funding was led by Westlake Village BioPartners, which originally incuba...

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Tuesday, February 13, 2024

Rimere Gets $10M For Clean Hydrogen

Newport Beach-based Rimere, a company that says it is developing "plasma technology" to produce clean hydrogen and graphene, says it has raised $10M in a strategic investment. The investment came from Clean Energy Fuels Corp. According to t...

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Wednesday, February 7, 2024

SUMA Wealth Collects $2.2M

Los Angeles-based SUMA Wealth, a fintech company led by Beatriz Acevedo, says it has raised $2.2M in a funding round. The funding was led by Radicle Impact, and also included Vamos Ventures, OVO fund and American Heart Association Impact fu...

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Tuesday, February 6, 2024

Rain Raises $300M

Los Angeles-based Rain, a developer of financial services provided to employees to allow them to access a line of credit before they are paid, says it has raised $300M in a financing round. The funding came in the form of a credit facility ...

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Friday, February 2, 2024

Tyra Bioscienes Scores $200M In PIPE

Carlsbad-based Tyra Biosciences ,a company developing precision medicines for targeting Fibroblast Growth Factor Receptor (FGFR) biology, has raised $200M in a private placement (PIPE). The publicly listed company said the funding was led b...

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Tuesday, January 30, 2024

Haven Energy Gets $7M For Virtual Power Plants

Los Angeles-based Haven Energy, a company which focuses on selling home battery storage systems for "virtual power plants", has raised $7M in a Series A funding. The funding was led by Giant Ventures, and also included Lerer Hippeau and Rav...

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Monday, January 29, 2024

Compa Collects $10M

Newport Beach-based Compa, a provider of compensation market data, has raised $10M in a Series A funding round, the company said Monday. The funding was led by Storm Ventures, and also included Penny Jar Capital, HR Tech Investments (an aff...

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Thursday, January 18, 2024

Tech Coast Angels Becomes The TCA Venture Group

The Tech Coast Angels angel investment group, which has long organized angel investments in Southern California companies, says it has changed its name to the TCA Venture Group (TCA VG). According to the 28-year old angel group, the name ch...

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Thursday, January 18, 2024

Act One Ventures Raises $73M Third Fund

Los Angeles-based venture capital investor Act One Ventures said this morning that it has raised a $73M, third fund. The firm--led by General Partners Alejandro Guerrero and Michael Silton--said it now has $148M under management. Guerrero a...

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Thursday, January 18, 2024

Two SoCal Companies Join Climate Startup Program

The Uptake Alliance, a venture development program which focuses on climate technology, says it has selected 15 climate-tech startups for its program--including two based in Southern California. The program said it has included Los Angeles-...

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Wednesday, January 17, 2024

Tr1X Gets $75M In Series A

San Diego-based biotech developer Tr1X, a company developing therapies to treat autoimmune disease, announced this morning that it has raised $75M in a Series A financing round. The funding was led by The Column Group, and also included NEV...

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Wednesday, January 3, 2024

Radionetics Oncology Snags $52.5M

San Diego-based Radionetics Oncology, a company that is working on cancer treatments, said this morning that it has raised $52.5M in a Series A funding. The funding was led by Frazier Life Sciences, 5AM Ventures and DCVC Bio. According to R...

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Wednesday, January 3, 2024

Vasa Therapeutics Snags Seed Funding

Encinitas-based Vasa Therapeutics, a preclinical stage biopharmaceutical company developing therapies for cardiovascular aging, says it has raised $6M in a seed funding round. The funding was led by Orphinic Scientific SA, and also NuFund V...

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Tuesday, January 2, 2024

Shield AI Gets $300M More

San Diego-based Shield AI, which is developing autonomous, AI-driven military piloting systems for drones, has raised $300M in equity and debt, as part of its Series F funding, according to a report. the debt came from Hercules Capital, but...

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Thursday, December 14, 2023

Rypplzz Rounds Up $3M

Los Angeles-based Rypplzz, a new startup focused on technology aimed at enabling augmented reality, said today that it has raised $3M in a seed funding found. The funding was led by KB Partners, and also included Triptyq Capital. According ...

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Monday, December 11, 2023

Report: LA Investors Regretting Move To Texas

In a report from TechCrunch, at least a couple of Los Angeles area angel and venture investors are publicly regretting their move to Austin, Texas during the pandemic. There has been a longtime rivalry between the regions over attracting an...

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