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Los Angeles-based InfinitForm emerged from stealth today, saying it is developing an AI-copilot for mechanical engineers. The company says it received seed funding in December 2023 from Schematic Ventures. Amount of that seed funding was no... San Diego-based Aardvark Therapeutics announced today that it has raised $85M in a Series C funding round. The funding was led by Decheng Capital and also included Cormorant Asset Management, Surveyor Capital, SymBiosis, Tetragon Financial ... Los Angeles-based Elementary, a developer of AI-powered machine vision software, says it has received a round of strategic investment from Rockwell Automation. Size of that funding was not disclosed. The company says it is developing AI-pow... La Jolla-based Enlaza Therapeutics, which is working on protein drugs, says it has raised $100M in a Series A financing round. The funding was led by Life Sciences Group of J.P. Morgan Private Capital, and also included existing investors F... Monrovia-based LiNova Energy said this morning that it has raised $15.8M in a Series A financing round. The funding was led by Catalus Capital, and also include Saft, a subsidiary of TotalEnergies, Chevron Technology Ventures and a syndicat... San Diego-based biotechnology company Endeavor BioMedicine said this morning that it has raised $132.5M in the company's Series C financing. The company said the funding was led by AyurMaya, an affiliate of Matrix Capital Management, plus n... A former executive of SpaceX appears to have set up a new venture capital firm in El Segundo, according to a regulatory filing. The new venture firm is apparently named Interlagos Capital. According to reports, the new company is led by for... Irvine-based Ecotrak, the developer of software used for facility management, has raised $30M in a funding round, the company said this morning. The funding was led by Respida Capital, and also included Carver Road Capital, plus Gala Capita... Los Angeles-based finance and accounting software developer FloQast said on Wednesday that it has raised $100M in a Series E funding round, which valued the company at $1.6 billion. The funding was led by ICONIQ Growth, and also included BD... San Diego-based Platform Science says it has raised $125M in new funding in a growth capital round, for the company's fleet and transportation software. The company said the funding came from C.R. England, Cummins, Daimler Truck, PACCAR, Ry... San Diego- and London-based Bench Talent says it has formed out of the merger of two companies, Fulcrum, and the Future of Work consulting arm of Open Assembly. Financial details of the merger and investment were not announced. According to... 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... 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... 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 "... 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... 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... 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... 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... 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... 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... 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 ... 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... 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... 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... 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 ... 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... 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... 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... 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 ... 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...
InfinitForm, Backed By VC, Applies AI To Mechanical Engineering
Aardvark Therapeutics Raises $85M
Elementary Gets Funding For AI Vision
Enlaza Therapeutics Finds $100M
LiNova Energy Gets $15.8M
Endeavor BioMedicines Gets $132.5M
Report: Former SpaceX Exec Launches New VC Firm
Ecotrak Gets $30M
FloQast Gets $100M, Valued At $1.6 Billion
Platform Science Gets $125M
Bench Talent In Merger, Funding Deal
Picogrid Gets $12M for Defense Systems
Firestorm Labs Lands $12.5M In Seed Funding From Lockheed Martin, Others
Foxy.ai Gets $1.5M For AI Girlfriends
Bitbrand Gets $500K For Blockchain Apple Watch Graphics
Liquid Death Gets $67M, Joins Unicorns
Rakuten Medical Gets $119M In Series E
A Look At Plug In South LA
SimpleClosure Sees $4M Seed To Automate Business Shutdowns
mTab Snags $15M In Credit
Santa Barbara Venture Partners Gets Exit At Jackpocket
NTWRK Acquires Complex
Thin Line Capital Raises Fund II
Blacksmith Medicines Gets $3.3M Via NIH Funding
Northwood Space Raises $6.3M For Space Backhaul
Latigo Biotherapeutics Finds $135M
Rimere Gets $10M For Clean Hydrogen
SUMA Wealth Collects $2.2M
Rain Raises $300M
Tyra Bioscienes Scores $200M In PIPE