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🌎🏛️ 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.
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...
💻 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!
⛳️ 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,...
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