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🤖🚕 Waymo Gets LA Green Light, Apex Launches Its First Satellite
Good news for those of us who hate driving LA’s congested freeways or making awkward conversation with Uber drivers:. 🤖🚕 Waymo is officially approved for robotaxi service in LA County!. You’ve probably already seen the fleet of white Jaguar SUVs with futuristic sensor arrays cruising around your...
🤩 Upfront 2024: The stars were out at venture's glitziest event of the year
Every year, stars from Silicon Valley and Hollywood descend on LA-based Upfront Ventures’ annual Upfront Summit. This year was no exception. For the last two days, Upfront hosted over 1,000 attendees and dozens of speakers at the Lot at Formosa in West Hollywood, bringing together the who’s who of entertainment and technology for networking and panel discussions.
🌎🏛️ Overture raises $60M debut fund to help climate startups navigate bureaucracy
Picture a VC who just successfully raised a $60M fund in the icy funding environment of 2023-2024. What do you see?. You might imagine a former investor from Sequoia or a16z with a stellar track record. Maybe you imagine a former venture backed founder. Maybe a senior PM at Google who got their start at Goldman Sachs.
Venture Waves, Climate Tech Wins, and Silicon Beach's Ongoing Evolution
Defense company Anduril Industries Inc., based in Costa Mesa and founded by Palmer Luckey, is seeking to raise $1.5 billion in fresh funds to boost its valuation to $12.5 billion or more, according to sources quoted by The Information. This fundraising effort, if successful, would mark one of the largest venture capital rounds of the year.
🔋 Haven Energy wants to solve California's duck curve problem
Does it feel like your power goes out more and more these days?. You’re not crazy - it actually does. Incidence of power outages has increased almost 20% in the years 2013 to 2021, from about 1.2 per household per year to over 1.4. While that might not be...
🎮 Riot Games Cuts 500+ Jobs for a Sustainable Future
LA-based Riot Games, celebrated for its popular League of Legends game and the award-winning animated series Arcane, has announced a significant workforce reduction, laying off approximately 11% of its global staff, totaling 530 employees. While CEO Dylan Jadeja described this difficult decision as a necessity, there is a recognition that the broader video game industry has faced challenges with over 10,000 global layoffs since January 2023.
🎓💸 USC is spending big on research. Will it translate to more LA startups?
University of Southern California has long been known for big spending parents, but the university is now also attracting big investment in the form of research grants from agencies and institutions. In 2023, USC’s annual research expenditures reached $1.04B, driven by federal grants supporting health protections for children against air...
Adam Miller's First Act
If you don’t know Adam Miller, he is almost certainly the most important person in LA tech you’ve never heard of. If you know Adam, congrats! You’re a lucky individual. Read on anyway because I’m sure you’ll learn something new about one of the godfathers of tech in Los Angeles.
Adam Miller's Second Act
This is Part II of our deep dive on Adam Miller, one of LA’s most successful (and philanthropic) tech entrepreneurs. When we left off Adam’s story last week, he had just sold his Santa Monica-based HR tech company Cornerstone OnDemand for $5.2B in 2021. After 20 years of...
Adam Miller's First Act
If you don’t know Adam Miller, he is almost certainly the most important person in LA tech you’ve never heard of. If you know Adam, congrats! You’re a lucky individual. Read on anyway because I’m sure you’ll learn something new about one of the godfathers of tech in Los Angeles.
🤖 CyberFilm AI: The Filmmaking Assistant Hollywood Didn't Know It Needed
We’re kicking off the new year with a profile of an early stage startup right at the intersection of Hollywood and Silicon Valley: CyberFilm AI. Read on to learn about how Russell Palmer (an AI engineer and product manager) and his brother Andrew (a computer science major turned filmmaker) are building a company to lead Hollywood into the AI era.
🛰 Apex Opens a New Satellite Factory; LA's Active Raises; and AI LA Supports Tech + Community
As most people are winding down for the holidays, LA’s tech scene keeps on ripping! Read on for a new local satellite factory, LA startups raising capital, and more. Apex founders Max Benassi (left) and Ian Cinnamon outside Factory One. As most of you, our loyal readers, know, LA...
⭐️ Founders shine at Techstars LA & Space demo day and celebration
This Wednesday, Techstars hosted a fantastic in-person expo for the Fall 2023 Los Angeles cohort and the Fall 2023 Space cohort at the Peterson Automotive Museum. 💼🤝💡. The in-person expo followed the virtual demo days for both cohorts, letting founders mix with mentors, investors, and community members. It was a celebration after three months of hard work, marking a significant step forward for the companies.
🧬 XPRIZE's $100M+ Competition to Revolutionize Human Aging
Culver City-based XPRIZE, an organization known for orchestrating large-scale incentive competitions aimed at resolving humanity's most significant challenges, just launched a new 7-year global competition, XPRIZE Healthspan. The prize comprises a total of $111 million, including both the prize purse ($101M) and a bonus award. 🕰️🧬🏆. Image...
🚙 DotLA's Experience in Waymo's Self-Driving Car
Waymo: Independent self-driving cars, that don’t need no (hu)man! We took a ride in one of Waymo’s self-driving cars and want to let you know what it was like. 🤖🚦🚗. Image Source: Waymo. Waymo One, is an autonomous ride-hailing service owned by Alphabet, Google’s parent company....
💻 Want the inside scoop on founders and VCs' favorite LA co-working spots?
Here’s your monthly dose of LA gems, which this week happens to be co-working spots frequented by VCs, entrepreneurs, and everyone in-between. Help us as we shine a spotlight on Los Angeles' unique establishments that contribute to the city's charm and indirectly enrich its thriving tech ecosystem. This week we are featuring six of the best co-working spaces on the Westside voted on by influential VCs and founders alike. Our list flows least expensive and exclusive to… well, aspirational. Let us know if we’ve missed any of your favorites!
Revolutionizing Job Hunting: How WeApply Puts You Ahead of the Pack
If you've been job hunting recently, you've likely experienced the soul crushing challenge of navigating numerous job application platforms, often competing with hundreds of other applicants for a single position. WeApply’s data-driven, user-centric approach is seeking to change that. 😓💼🔍. WeApply, an LA-based job application automation platform,...
⛳️ Weather Guarantee for Golfers
After announcing its partnership with the PGA of America earlier this year, LA-based Sensible Weather, a climate finance platform, has now introduced its Weather Guarantee program in collaboration with 23 distinguished golf facilities in Myrtle Beach, managed by Founders Group International, Caledonia Golf & Fish Club, and True Blue Golf Club. ⛈️⛳️
🏛️ Brilliant Designs or Billion-Dollar Liabilities? How This LA Ruling May Disrupt Big Tech!
Ever suspected your go-to black hole of time, I mean social media app, might have a secret plan to keep you hooked? Well, a judge in Los Angeles seems to think so! 📱👀⚖️. A Los Angeles judge has rejected the dismissal of significant lawsuits against Meta, TikTok,...
☕️ Top Cafes For Running into LA's Tech Leaders
We’re are releasing a new edition – a heartfelt homage to Los Angeles. In the hustle and bustle of work and family life, its easy to forget what makes this city truly magical. Take these 2 minutes to pause with us and explore the LA gems in this vibrant, diverse, and utterly unique parking lot we call home. Every other week we will release a list of some type of establishments loved by Los Angeles VCs, entrepreneurs, your best friend’s cousin and everyone in-between.
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