socalTECH

JANUARY 19, 2015

Hawthorne-based rocketship developer SpaceX is close to getting $1 billion from Google , according to reports Monday, as Google seeks to get into the space business. The investment reportedly values SpaceX at more than $10 billion. READ MORE>>.

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SpaceX Google Report Invest 100

socalTECH

JUNE 30, 2017

Vector , a developer of micro-satellite launch systems and rocket technology whose founders came from SpaceX, said on Thursday that it has raised $21‌M in a Series A funding. The funding was led by Sequoia Capital, and also included Shasta Ventures and Lightspeed.

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SpaceX Funding Los Angeles Capital 133

TechCrunch LA

JANUARY 25, 2022

Now it’s picking up some funding along with an endorsement Europe to further its growth. The startup has received €50 million (just under $57 million at today’s rates) from the European Investment Bank, the funding arm of the European Union. The funding from the EIB ticks a couple of different boxes for the EU.

Invest 233

Invest Technology Startup Los Angeles 233

socalTECH

JANUARY 20, 2015

Hawthorne, California-based SpaceX , the Los Angeles area commercial rocket and spacecraft developer led by Elon Musk, announced Tuesday afternoon that it has raised a billion dollars in a financing round. SpaceX said the deal gives Google and Fidelity just under 10 percent ownership of the company. READ MORE>>.

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SpaceX Google Draper Hawthorne 100

Both Sides of the Table

SEPTEMBER 10, 2021

On the one hand, you’re over paying for every investment and valuations aren’t rational. They might be ideas they hatch internally (via a Foundry) or a founder who just left SpaceX and raises money to search for an idea. That used to be called A-round investing. 1 billion fund and therefore a $20 million is still just 2–2.5%

Venture Capital 471

Venture Capital Writing Invest Pricing 471

socalTECH

APRIL 26, 2016

A new, microsatellite launch firm--founded by veterans of SpaceX--said today that it has raised more than $1M to launch the startup. Vector Space Systems led by former SpaceX executive Jim Cantrell, said it raised $1M in an angel funding to develop a mirosatellite launch company. READ MORE>>.

SpaceX 100

SpaceX Los Angeles Funding Angel 100

TechCrunch LA

MARCH 25, 2021

The partners at MaC Venture Capital , the Los Angeles-based investment firm that has just closed on $103 million for its inaugural fund, have spent the bulk of their careers breaking barriers. “Our LPs invested in us… for lots of different reasons but at the top of the list was that we are a diverse team in so many ways.

Venture Capital 225

Venture Capital Capital Los Angeles Invest 225

socalTECH

AUGUST 12, 2019

Vector Launch , a small satellite launch firm founded in Huntington Beach by ex-SpaceX employees, has "suspended operations" and lost its CEO, as part of what the company called a "major change in financing". The company--now headquartered in Tucson, Arizona--had been developing small satellite launch rockets. READ MORE>>.

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SpaceX Invest Funding Develop 113

socalTECH

MAY 29, 2015

more--part of an ongoing $650M funding round--as the instant messaging app developer continues to break Southern California records in both total funding and valuation. According to a regulatory filing, the latest funding round had its first funds committed in February, and so far has 35 investors. billion).

Snapchat 100

Snapchat Southern California Funding Venice 100

L.A. Business Journal

FEBRUARY 22, 2018

billion off Snap's market value; investment fund Vision Esports raises $38 million; and SpaceX successfully launches, but narrowly misses catching $6 million nose cone. Kylie Jenner’s tweet cuts $1.3

SpaceX 100

SpaceX Marketing Report Invest 100

Both Sides of the Table

FEBRUARY 15, 2017

Upfront Ventures was created 20 years ago as one of the original VC funds in Los Angeles. Back then only 15% of our dollars were invested locally whereas today 50% of our dollars are invested in LA. Candidly all three were on our short list of VCs that we secretly wanted to poach (seriously, they were!)

Dollar Shave Club 321

Dollar Shave Club Cornerstone OnDemand Riot Games Venture Capital 321

socalTECH

MARCH 5, 2014

Auction.com said this morning that it has raised $50M in a funding from Google Capital, at a $1.2 Auction.com joins SpaceX, Snapchat, and Beats Electronics in the short list of $1 billion plus valuation, venture backed startups here. Add another, Southern California company to the exclusive list of billion-dollar plus startups here.

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Southern California SoCal Snapchat Startup 154

socalTECH

APRIL 30, 2018

Los Angeles-based NI0 , a new startup in the sports and nutrition vertical, is gearing up for launch, backed by $500,000 in seed funding from a number of tech investors. NI0 is led by Braven Greenelsh, and says it is currently in another seed funding effort. Riot Games). READ MORE>>.

Riot Games 140

Riot Games Seed Funding OCTANE Training 140

socalTECH

NOVEMBER 9, 2017

Santa Monica-based Troy Capital Partners , a new venture investment firm led by Josh Berman, Brian Sullivan, and Samit Varma, has backed a veteran of TrueCar for a new startup called Rollick Outdoor. Rollick Outdoor is based in Austin, where Brenner was based while at Santa Moinca-based TrueCar. READ MORE>>.

Truecar 113

Truecar Capital Santa Monica Seed Funding 113

socalTECH

JANUARY 20, 2011

Southern California venture capital investments total $497.8M, according to the latest numbers from the MoneyTree Report by PricewaterhouseCoopers LLP and the National Venture Capital Association, which were released this evening, based on data from Thomson Reuters. in a funding round. in a funding round. in investments.

Venture Capital 154

Venture Capital Southern California Invest Capital 154

socalTECH

APRIL 17, 2015

billion in investments in Q1 of 2015, according to the latest numbers from the PricewaterhouseCoopers/National Venture Capital Association. MoneyTree report, which was released this evening, The quarter was the biggest, investment quarter for Southern California since the dot com era. invested in SmartDrive Systems. READ MORE>>.

Southern California 100

Southern California Orange County SpaceX Statistics 100

TechCrunch LA

OCTOBER 22, 2018

Demographics at funds and startups will also be under the microscope, since signatories have agreed to report on their composition by race, gender, age, sexual orientation, disability status, immigration status, veteran status, educational attainment, socioeconomic origin, tenure at a firm. for technology investment and corporate development.

Los Angeles 249

Los Angeles Angel Entrepreneur Orange County 249

TechCrunch LA

FEBRUARY 3, 2021

base of operations and SpaceX’s significant presence has born a number of talented hardware and engineering startups. Techstars LA plays a critical role in the Los Angeles tech ecosystem as the premier startup accelerator, providing valuable mentorship and funding for dozens of companies a year,” said Spencer Rascoff, Chair of dot.LA

Los Angeles 191

Los Angeles Angel Southern California Social Media 191

Tech.Co

DECEMBER 29, 2023

As investors continue pouring funding into artificial intelligence and consumer habits shift, many AI and subscription model startups have been enjoying rapid growth. Source: runwayml.com In June, Runway raised $141 million in funding, nudging its market valuation to an envy-inducing $1.5 Organic milk formula product Bobbie.

Startup 196

Startup Generative AI Newsletter Tool 196

Both Sides of the Table

JUNE 28, 2018

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. This is why so many great LA funds like Upfront, Greycroft and B Capital Global have all backed Bird. having raised $300 million?—?less

Santa Monica 256

Santa Monica Funding Startup Course 256

TechCrunch LA

OCTOBER 1, 2019

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.

Chief Technology Officer 168

Chief Technology Officer SpaceX Los Angeles Venture Capital 168

socalTECH

MARCH 26, 2014

Sequoia Capital''s Douglas Leone, was placed at number six for his role in funding San Diego''s ServiceNow ; Bessemer''s Byron Deeter was ranked #36 due to his role in funding Santa Monica''s Cornerstone OnDemand ; Stephen Jurveston, of Draper Fisher Jurvetson, was ranked at #59 for his investment in Hawthorne-based SpaceX.

Southern California 159

Southern California Cornerstone OnDemand SoCal San Diego 159

socalTECH

OCTOBER 20, 2009

was invested in 65 Southern California deals in Q3, compared to $773.3M billion invested in 637 deals in Q3, up 17 percent quarter-to-quarter, but down three percent in deals. round; San Diego-based Zogenix with a nearly $36M funding round; and Hawthorne-based Space Exploration Technology (SpaceX) , which raised $30.4M.

Southern California 100

Southern California Invest Orange County Palomar 100

socalTECH

JUNE 2, 2011

SpaceX [ profile ]. Backers: Elon Musk, Founders Fund. Backers: A123 Systems, Ace Investments, Eco-Drive (Capital) Partners, Kleiner Perkins Caufield and Byers, New Enterprise Associates, Palo Alto Investors, Qatar Investment Authority. Why: Rumored to be very profitable, waiting on market. Fisker Automotive [ profile ].

Southern California 171

Southern California Legalzoom eHarmony SoCal 171

socalTECH

FEBRUARY 1, 2013

More than one attendee expressed worries about seed level startups having issues getting more funding; seeing too many "me-too" startups; and the importance of proving out viable business models. but also speculated on if there's enough capital to fund follow on investments for graduates of those accelerators.

Ventura 182

Ventura Santa Monica Idealab Los Angeles 182

Both Sides of the Table

MARCH 6, 2017

It’s hard to remember that in 2012 it was still hard for LA VCs to persuade investors into funds that LA was a viable market for great venture capital funds or convince many VCs that LA was a market worth investing dollars into startups. But this post is about the broader context of LA. Are you kidding me? And this is true.

Riot Games 191

Riot Games Los Angeles Technical Review Venture Capital 191

socalTECH

DECEMBER 27, 2018

When I first joined Crosscut Ventures five years ago, the firm had $20 million under management and was just starting to invest out of its second fund. We now have $250 million under management, are investing out of our fourth fund and have made more than 80 investments.

Riot Games 133

Riot Games Southern California Startup Santa Monica 133

Startup Professionals Musings

DECEMBER 30, 2022

Every business owner and entrepreneur I meet in my consulting rounds dreams of finding that “ disruptive ” innovation that will supercharge their business and move it into the ranks of business unicorns (billion-dollar valuations), such as SpaceX and Apple. Invest in communication skills and use all platforms.

Technical Review 101

Technical Review Metrics Resource Software Review 101

InfoChachkie

SEPTEMBER 27, 2018

” – Elon Musk, Founder Tesla Motors and SpaceX. Given the general consensus that Business School is essentially a farm system for investment banks and consulting firms, I was initially concerned when one of my star entrepreneurial students, Sieva Kozinsky , told me of his plans to attend my alma mater, Wharton.

Entrepreneur 113

Entrepreneur Allegis Startup Competition 113

Tech.Co

OCTOBER 26, 2017

million in Series A financing from Sherpa Capital along with three other funds. On October 12, 2017, Hyperloop One announced that Richard Branson and Virgin Group had invested into Hyperloop One. Former SpaceX rocket designer Brogan BamBrogan was one of the initial cofounders of Hyperloop One. Hardt Global Mobility.

SpaceX 91

SpaceX Design Technology Competition 91

Both Sides of the Table

OCTOBER 8, 2014

” 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.” Both are massively funding other LA tech companies through what Fred Wilson once defined as “recycled capital.”

Entrepreneur 376

Entrepreneur Snapchat Startup Google 376

Both Sides of the Table

MAY 17, 2017

You begin to think about how hard it will be to fund raise, sign customers, hire employees, etc. ADT invested in a startup called Zonoff, which was to be acquired by Honeywell for a modest sum. The first instinct is fear, then dread, then panic. with the cloud of a lawsuit hanging over you. That’s what bullies want.

Riot Games 254

Riot Games Pricing Startup Venture Capital 254

Startup Professionals Musings

OCTOBER 21, 2019

Indeed, internal innovators usually don’t have the risk tolerance of entrepreneurs like Elon Musk, who invested nearly everything into SpaceX. While entrepreneurs may shop their idea to, on average, forty investors before getting funding, internal innovators really have only one option – their employer.

IBM 53

IBM IBM Java Google 53

Both Sides of the Table

NOVEMBER 5, 2014

” When Elon Musk set out to build SpaceX he wasn’t greeted with enthusiasm from the space community not used to having a private enterprise challenge the government funded space exploration of NASA. But “what is wrong with tech investing today?” And that is what we’ll do.” Time will tell.

Technical Review 417

Technical Review Startup Software Review Course 417

Startup Professionals Musings

AUGUST 27, 2018

Other champions of innovation, including Elon Musk with SpaceX and Hyperloop, always seem to be building future opportunities from trends and technology turns. Allocate funds for intrapreneurship and acquisitions. He didn’t wait for competitors to prove current products obsolete.

Metrics 58

Metrics IBM IBM Competition 58

socalTECH

JULY 23, 2019

El Segundo-based ABL Space Systems , which is developing small rocket launch vehicles, has received a strategic investment from Lockheed Martin Ventures, the company announced this morning. Size of the investment was not announced. ABL is led by CEO Harry O'Hanley, and the company was founded by former SpaceX engineers.

El Segundo 113

El Segundo SpaceX Funding Invest 113

Tech Zulu Event

MAY 12, 2014

Joining him on the panel was Kimbal Musk, CEO of The Kitchen Community and co-founder of PayPal and SpaceX. According to Adam Nordin, Global Head of Education Services and Technology of Barclays Capital, “More and investments are being raised for education technology, it has now finally become mainstream.”

Conference 88

Conference Technical Review Education Startup 88