Los Angeles

Backing Culture Genesis, T.I. launches Tech Cypha, an investment syndicate for tech deals

With an inaugural investment into the Los Angeles-based entertainment startup Culture Genesis, Clifford Harris Jr., who’s better known as “T.I.”, has launched a new syndicated inve

Dreaming of Mars, the startup Relativity Space gets its first launch site on Earth

3D-printing the first rocket on Mars. That’s the goal Tim Ellis and Jordan Noone set for themselves when they founded Los Angeles-based Relativity Space in 2015. At the time they were working f

Consolidation is coming to gaming, and Jam City raises $145 million to capitalize on it

A slew of banks are coming together to back a new roll-up strategy for the Los Angeles-based mobile gaming studio Jam City and giving the company $145 million in new funding to carry that out. There

More investors are betting on virtual influencers like Lil Miquela

Brud, the company behind the virtual celebrity Lil Miquela, is now worth at least $125 million thanks to a new round of financing the company is currently closing. Meanwhile, new venture-backed compan

Elementary Robotics raises cash to expand in Los Angeles’ growing robotics hub

Elementary Robotics has raised $3.6 million in seed funding to begin building a manufacturing facility and expand its presence in Los Angeles as the city continues to grow as a hub for robotics and a

Virtual reality gaming and the pursuit of ‘flow state’

What if getting into flow state could be as easy as playing a video game?

Lyft is becoming a one-stop transportation app in these 3 cities

Lyft is turning its app into a one-stop multimodal transportation app in a few U.S. cities, the latest illustration of its transformation from ridesharing startup to a company that wants to own, or at

Apple plans major US expansion, including a new $1 billion campus in Austin

Apple has announced a major expansion that will see it open a new campus in North Austin and new offices in Seattle, San Diego and Los Angeles as it bids to increase its workforce in the U.S. The firm

Volvo Trucks teases the all-electric semi truck it’s bringing to California in 2019

Volvo Trucks released teaser images Wednesday of the electric trucks it plans to bring to California next year as part of a demonstration project, the latest truck manufacturer to publicize its electr

AppOnboard raises $15 million to let Android users try before they buy apps on Google Play

Pitching app developers with a new way to convert app browsers into actual customers, AppOnboard has raised $15 million in a new round of funding, the company said. Based in Los Angeles, AppOnboard se

Putting the band back together, ExactTarget execs reunite to launch MetaCX

Scott McCorkle has spent most of his professional career thinking about business to business software and how to improve it for a company’s customers. The former president of ExactTarget and lat

Freeletics raises $45M for its AI-powered mobile fitness coach

The German startup has raised its first round of venture backing from FitLab, Causeway Media Partners and JAZZ Venture Partners.

Jam City is setting up a Toronto shop by buying Bingo Pop from Uken Games

The Los Angeles game development studio Jam City is setting up a shop in Toronto with the acquisition of Bingo Pop from Uken Games. Terms of the deal weren’t disclosed. The deal is part of a b

Live streaming studio, Culture Genesis, launches its first show, the quiz-based Trivia Mob

A new generation of entrepreneurs is emerging to refashion the Los Angeles studio system for the digital age, forming companies that combine live-streamed video, podcasts and the newfound social media

The top 10 cities for $100M VC rounds in 2018 so far

Crunchbase News recently profiled a selection of U.S. companies’ largest VC raised in 2018, and no surprise here: the 10 largest rounds all topped out well north of $100 million.

How to get to the polls for free at the 2018 midterm elections

In case you haven’t heard, polls will open Tuesday morning across the U.S. for the 2018 midterm elections. It’s a big deal, so go vote. And this year, there are more free ways to get to th

FabFitFun surpasses $200 million in revenue as it hits million-subscriber milestone

At least one million people will be receiving the next FabFitFun box as the Los Angeles company surpasses $200 million in revenue and continues its run as one of the startups to watch in the Los Angel

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

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

Lime will open brick-and-mortar scooter ‘lifestyle stores’

How can Lime differentiate its scooters and bikes from the piles of Birds and Spins filling Los Angeles sidewalks? Apparently with a physical storefront where it can convince customers of the wonders

Investors see an opportunity framed in Lensabl’s prescription lens fulfillment business

Lensabl, the company that has built a business putting prescription lenses into any style of glasses frame, has raised $3.7 million in a new round of funding.  Lensabl makes it easy to put new lenses
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