Wednesday, April 11, 2018

Q1 Seed Funding Deals Up From Last Year, Says Amplify LA

Seed stage investments in Los Angeles area startups was up, year-to-year, according to the Q1 2018 LA Seed Deal Report from investor Amplify LA. According to the report from Amplify, 23 LA startups raised a total of $52.9M in seed funding in Q1, which was up 2.5 percent from Q1 of 2017. That said, the quarter-to-quarter results were down 21 percent from what had been an extremely robust Q4. 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 seed funding.