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The Trade Desk Launches Venture Capital Arm, Makes First Investment

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Ventura-based advertising technology developer The Trade Desk is launching its own venture capital arm, and has made its first investment, the company said this morning. The company said that the new investment fund, TD7, will invest in open Internet startups.

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LA's AET Fund Raises $50M For Entertainment Technology Investment

socalTECH

A new, Los Angeles venture capital fund, AET Fund said on Wednesday that it has raised $50M to make investments in entertainment technology, and hired someone to head up its U.S. investment efforts. AET Fund had said last year that it would be establishing its venture funding efforts in Los Angeles.

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VertueLab Launches Climate Impact Fund With Donation From LA Philanthropists

socalTECH

A new, climate-focused investment fund--the VertueLab Climate Impact Fund --said it launched yesterday afternoon, fueled by a donation from a couple of Los Angeles area philanthropists. The Woka Foundation was co-founded by Barbara Karplus and her husband Rob Womer, two philanthropists from Ventura County.

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Interview with Alex Schneider, Ventura Ventures Technology Center

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On Thursday, the City of Ventura is formally launching a new incubator, the Ventura Ventures Technology Center (www.v2tc.com), targeted at high tech businesses. What is the Ventura incubator? It's about 10,000 square feet of space in downtown Ventura, in a city owned office building. We ended up selecting DFJ Frontier.

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Beanfields Gets Series B Round For Snack Brand

socalTECH

Los Angeles-based food brand Beanfields , a manufacturer of vegan, gluten-free, non-GMO, kosher chips, said this week that it has raised a Series B funding round. The funding was led by PowerPlant Ventures, and also included NRV and Western Technology Investment. Size of the funding was not announced. READ MORE>>.

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KYTHERA, Amgen Vet Takes Helm At UNITY Biotechnology After $116M Funding

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A local, Ventura County biotechnology executive, Keith Leonard , has taken the helm of UNITY Biotechnology , a heavily backed San Francisco biotech startup focused on curing diseases of aging, as a result of a big $116M funding round at the company.

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NetPlenish Gets Funding From 500Startups

socalTECH

Ventura-based NetPlenish , a startup which is developing a service which will provide automated replenishment of items, combined with an automatic price comparison engine, has quietly raised funding from 500 Startups. Size of the investment was not disclosed. NetPlenish is part of the Ventura Ventures Technology Center.

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