Archer Aviation, the electric aircraft startup that recently announced a deal to go public via a merger with a blank-check company, plans to launch a network of its urban air taxis in Los Angeles by 2024. The announcement comes two months after the formation of the Urban Air Mobility Partnership, a...
Los Angeles
Auto Added by WPeMatico
Techstars Los Angeles, the local Los Angeles-focused branch of the global accelerator network, has named Matt Kozlov as its new managing director. Kozlov, a longtime Techstars network fixture, has previously served as the head of the organization’s healthcare accelerator through a partnership...
Grocery delivery startup Good Eggs is announcing that it has raised $100 million in new funding, and that it’s planning to launch in Southern California in either the summer or fall of this year. Parts of this story might sound familiar to readers familiar with Good Eggs — when the startup...
After pulling in around $80 million last year in revenue, LA’s StackCommerce is acquired by TPG’s Integrated Media Company

The Los Angeles-based commerce and content platform StackCommerce has been acquired by the Integrated Media Company, a holding company set up by the massive private equity fund, TPG, to acquire new media businesses. StackCommerce’s affiliate buying platform has distributed more than $175 million...
Google is shifting away from making its own games for Stadia. It’s shutting down studios in Montreal and Los Angeles, and industry veteran Jade Raymond, who Google tapped to lead the game development division, is leaving the company. Stadia vice...
American football has been part of the Fortnite experience for years. But what about the other kind of football? The one that trades sacks and touchdowns for gegenpressing and panenka penalties? Well, the game already has skins inspired by the FIFA...
Healthvana’s digital COVID-19 vaccination records are about communication, not passports for the immune

As the vaccination campaign to counter COVID-19 gets underway (albeit with a rocky start), a number of companies are attempting to support its rollout in a variety of ways. Healthvana, a health tech startup that began with a specific focus on providing patient information digitally for individuals...
Sunny Midha, Principal, Principia Ventures – Los Angeles based late-stage VC firm focusing on enterprise technologies

Bookmark(0) Please login to bookmark Username or Email Address Password Remember Me No account yet? RegisterSunny Midha is a Los Angeles, USA based venture capitalist, a Principal at Principia Growth, a VC fund that focuses on B2B /enterprise...
We take a thesis driven approach to startup investment as we look to the trends and shifts that are occuring in consumption – Sunny Midha, Principal at VC Firm Principia Growth

Bookmark(0) Please login to bookmark Username or Email Address Password Remember Me No account yet? RegisterSunny Midha is a Los Angeles, USA based venture capitalist, a Principal at Principia Growth, a VC fund that focuses on B2B /enterprise...
At the corner of West Pico Blvd. and South Genesee Ave. in west Los Angeles sits a tan, six-story building. It’s nothing much to look at: It’s set back from the street by a manicured lawn, lined by a row of trees on each side. An American flag flies out front.Read...
After seeing record COVID-19 deaths and hospitalizations, Los Angeles County will use technology to help residents track and prove their vaccination records, Bloomberg reports. The public health department has teamed with startup Healthvana on an...
A pilot in Southern California has captured video of what appears to be a person flying a jetpack, the first visual evidence of an unexplained flying object that seems similar to a reported jetpack sighting near the Los Angeles airport in August. But we still have a lot of questions about what...
With Bambee, Allan Jones wants to give small businesses HR services their employees can trust

Allan Jones’s first startup was Fourth and Grand, a Trunk Club-like service backed by the venture studio and accelerator, Science, out of Santa Monica. While the business didn’t work out, it put the budding young entrepreneur (and college dropout) on a path that would lead him to launch the Los...
The budding venture studio being built inside M13 has signed PepsiCo as its first new corporate partner. Through the deal, PepsiCo has agreed to bankroll the first founder-in-residence program from the New York and Los Angeles-based firm, which poached former Techstars Los Angeles managing director...
Fifth Wall adds new partner as it seeks at least $200 million for a new climate impact fund

When it first launched nearly three years ago, Fifth Wall had a vision of leveraging capital limited partners from across the real estate development and construction business to back the technologies the industry needed most. That early vision resonated so well, that the firm has grown from...
Residential renewable energy developer Swell is raising $450 million for distributed power projects in three states

Swell Energy, an installer and manager of residential renewable energy, energy efficiency and storage technologies, is raising $450 million to finance the construction of four virtual power plants representing a massive amount of energy storage capacity paired with solar power generation. It’s a...
Cybersecurity insurance startup At-Bay has raised $34 million in its Series C round, the company announced Tuesday. The round was led by Qumra Capital, a new investor. Microsoft’s venture fund M12, also a new investor, participated in the round alongside Acrew Capital, Khosla Ventures,...
AWS today closed out its first re:Invent keynote with a focus on edge computing. The company launched two smaller appliances for its Outpost service, which originally brought AWS as a managed service and appliance right into its customers’ existing data centers in the form of a large rack. Now,...
HMBradley raises $18.25 million planting a flag as LA’s entrant into the challenger bank business

With $90 million in deposits and $18.25 million in new financing, HMBradley is making moves as the Los Angeles-based entrant into the challenger bank competition. LA is home to a growing community of financial services startups and HMBradley is quickly taking its place among the leaders with a...
Boulevard, a spa management and payment platform, has raised $27 million in a new round of funding despite a business slowdown caused by the COVID0-19 pandemic. Founded four years ago by Matt Danna and Sean Stavropoulos, Boulevard was inspired by Stavropoulos’ inability to book a haircut and...
The Los Angeles Police Department (LAPD) has reportedly banned the use of third-party facial recognition services including the controversial Clearview AI. Buzzfeed News reports that the ban was enacted on November 13th after reporters showed...
LA-based A-Frame, a developer of celebrity-led personal care brands, raises cash for its brand incubator

A-Frame, a Los Angeles-based developer of personal care brands supported by celebrities, has raised $2 million in a new round of funding led by Initialized Capital. Joining Initialized in the round is the serial entrepreneur Moise Emquies, whose previous clothing lines, Ella Moss and Splendid, were...
Beyond Meat has launched two new versions of its Beyond Burgers, the company announced today. The two new options will be available on store shelves in 2021, but will be on offer at a two-day pop up event in Los Angeles for folks to try. The new Beyond Burger patties are designed to mirror the...
Venture firm M13 names former Techstars LA managing director, Anna Barber, as its newest partner

The Los Angeles and New York-based venture firm M13 has managed to nab former Techstars LA managing director, Anna Barber, as its newest partner and the head of its internal venture studio, Launchpad. Designed to be a collaborative startup company incubator alongside corporate partners, Launchpad ...
Gwyneth Paltrow, Rebel Wilson, Darren Criss, and Baron Davis are backing an LA-based weed soda company

Celebrity investors including Gwyneth Paltrow, Rebel Wilson, Ruby Rose, Darren Criss, Baron Davis, Tove Lo, and Casey Neistat have come together to back the Los Angeles-based thc-infused drink company, Cann, the company said. It’s the latest in a string of deals that show the strength of the...
MarketerHire, a Los Angeles-based startup backed by a slew of executives from some of the city’s hottest startups, launched its new service matching freelance marketing experts with open jobs listed on its platform. “Today’s startup economy depends on the expertise of industry specialists...
Investors back Pacific Consolidated Holdings to merge leading LA-based liquor and weed delivery companies

There’s a new company that’s sitting on top of some of the fastest growing consumer-facing businesses in the world — liquor and marijuana delivery — and its name is Pacific Consolidated Holdings Group. The investment firms and executive teams behind the Los Angeles-based delivery liquor...
Scopely raises $340 million at a $3.3 billion valuation as gaming grabs investors’ interest

In a move to shore up institutional support in what’s likely to be it’s last fundraising as a private company, the Los Angeles-based mobile gaming behemoth Scopely has raised $340 million in its latest eye-popping round of funding. Acting as if there’s not still a global pandemic raging...
LA’s Replicated looks to increase R&D and hiring for its operations management software after raising $25 million

The Los Angeles-based operations and security management software service, Replicated has raised $25 million to ramp up its staffing and scale its sales and marketing efforts. The funding, which was led by Two Sigma Ventures and included existing investors like Plexo Capital, Amplify, and...
Spying a pivot to ghost kitchens, Softbank’s second Vision Fund pours $120 million into Ordermark

“We’re building a decentralized ghost kitchen,” is a sentence that could launch a thousand investor calls, and Alex Canter, the chief executive officer behind Ordermark, knows it. The 29 year-old CEO has, indeed, built a decentralized ghost kitchen — and managed to convince Softbank’s...