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Relativity, a new star in the space race, raises $140 million for its 3-D printed rockets

TechCrunch LA

Manufacturing can be done within 60 days, according to the company’s claims, and its vehicles have a payload capacity of up to 1250 kilograms ( SpaceX’s largest rockets will have roughly 100 times that payload capacity). space industry. “We’re really really truly focused on the rockets for now,” says Ellis.

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As Groupon Files For IPO, What SoCal Firms Might Be Next?

socalTECH

Southern California has had its own share of IPOs over the last year, including Demand Media, Active Network, and Boingo Wireless. Backers: Fayez Sarofim & Co, Sequoia Capital, and Technology Crossover Ventures. SpaceX [ profile ]. Those firms are: 1. eHarmony [ profile ]. Business: Online matchmaking/dating. READ MORE>>.

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LA's Innovators Get Spotlight, But Investors Cautious

socalTECH

For some, it seemed like they--like the investing public--are burnt out on too many bubbles over the past decade, and are determined not to create or participate in another one. Local angel and venture investors seemed determined to avoid a repeat of the past, by being more selective on their investments, and not following the crowd.

Ventura 182
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All The Questions You Wanted Answered about Bird Scooters and Their Recent $300 Million Funding

Both Sides of the Table

Until recently it was headquartered 2 blocks from our offices in Santa Monica so we literally saw it emerge under our feet and we proudly invested in the last 3 rounds of financing. Today the company officially announced its most recent round of capital ?—?having having raised $300 million?—?less Is Bird really defensible? Not really.

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Announcing The Socaltech 50: Southern California's Up-and-Comers

socalTECH

Internap , PricewaterhouseCoopers , Demand Media , Stubbs, Alderton & Markiles LLP , Oracle , Cresa Partners , UK Trade & Investment , PIXT , and many others. You can register for the event at Digital Family Reunion. event socaltech50 awards entrepreneur entrepreneurship feature dfr2013'

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

” I hear it when I visit LPs (the people who invest in VCs) all across the country, “Yeah, I haven’t been out there for a few years but I keep hearing that something is going on there.” Given how efficient markets are when a large market like LA starts to blossom it attracts capital pretty quickly.