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The LA TechWatch Startup Daily Funding Report: 3/28/2023

LA TechWatch by LA TechWatch
The LA TechWatch Startup Daily Funding Report: 3/28/19
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The latest venture capital, seed, pre-seed, and angel deals for LA startups for 3/28/2023 featuring funding details for FedML, Mansa, and much more. This page will be updated throughout the day to reflect any new fundings.


FedML – $6M

FedML, an open-source library for federated machine learning, has raised $6M in venture funding from investors that include Acequia Capital (AceCap), LDV Partners, Plug N Play Ventures, Camford Capital, and Aimtop Ventures. FedML was founded by Chaoyang He and Salman Avestimehr in 2020.


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Mansa – $2M

Mansa, a streaming platform for Black culture, has raised $2M in funding according to a recent SEC filing. The filing indicates that the total offeirng is for $1M and this close comes from a sole investor. Founded by Zak Tanjeloff and Nate Parker in 2021, Mansa has now raised a total of $6.4M in reported equity funding.


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Electric Monster – $2.05M

Electric Monster, a digital media brand and holding company focused on video, has raised $2.05M in funding according to a recent SEC filing. The filing indicates that the total offeirng is for $2,.5M and this close comes from fifteen investors. Electric Monster was founded by Matt Gielen and Paul Hanson in 2020.


Tags: Acequia Capital (Acecap)Aimtop VenturesCamford CapitalChaoyang HeElectric MonsterFedMLLDV PartnersMansaMatt GielenNate ParkerPaul HansonPlug N Play VenturesSalman AvestimehrZak Tanjeloff
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