Armed with some data from our friends at CrunchBase, I broke down the largest LA startup funding rounds during August 2023. I have included some additional information as well such as industry and brief funding description, to further the analysis of the state of venture capital in LA. For the purposes of this analysis, only equity funding rounds were considered.
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (LA Tech, NYC Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the Los Angeles business community and beyond. Find out how to run a digital campaign that will return your investment here.
6. Reeplayer $10.0M
Round: Venture
Description: Reeplayer powers sports and empowers the next generation of athletes. Founded by Achraf Ben-Hamadou, Amanda Sanchez, Kuba Waligorski, Mehmet Ege Babaoglu, and Orhan Basak Ajredinovski in 2021, Reeplayer has now raised a total of $10.0M in total equity funding and is backed by Keiretsu Forum Turkey.
Investors in the round: Keiretsu Forum Turkey
Industry: Apps, Artificial Intelligence, Hardware, Soccer, Software, Sports
Founders: Achraf Ben-Hamadou, Amanda Sanchez, Kuba Waligorski, Mehmet Ege Babaoglu, Orhan Basak Ajredinovski
Founding year: 2021
Total equity funding raised: $10.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (LA Tech, NYC Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the Los Angeles business community and beyond. Find out how to run a digital campaign that will return your investment here.
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5. Caelux $12.0M
Round: Series A
Description: Caelux is a renewable energy company that develops perovskite-on-glass technology for the terrestrial solar and commercial space industries. Founded by John Iannelli in 2014, Caelux has now raised a total of $24.0M in total equity funding and is backed by Temasek Holdings, Khosla Ventures, Global Brain Corporation, Fine Structure Venture, and Mitsui Fudosan.
Investors in the round: Fine Structure Venture, Global Brain Corporation, Khosla Ventures, Mitsui Fudosan, Reliance New Energy Solar, Temasek Holdings
Industry: Energy Efficiency, Product Research, Renewable Energy, Semiconductor, Solar
Founders: John Iannelli
Founding year: 2014
Total equity funding raised: $24.0M
LA TechWatch’s exclusive coverage of this round: Caelux Raises $12M for its Use of Perovskites to Make Solar Energy Generation More Efficient
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (LA Tech, NYC Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the Los Angeles business community and beyond. Find out how to run a digital campaign that will return your investment here.
4. Trellis Research $15.0M
Round: Series B
Description: Trellis Research is a state trial court legal research and analytics platform with AI-based insights on judges. Founded by Al E., Alon Shwartz, Drew Thaler, and Nicole Clark in 2017, Trellis Research has now raised a total of $35.6M in total equity funding and is backed by Techstars, Headline, Craft Ventures, Okapi Venture Capital, and Calibrate Ventures.
Investors in the round: Calibrate Ventures, Craft Ventures, Headline, Okapi Venture Capital, Revel Partners, Sky Dayton, Top Tier Capital Partners
Industry: Analytics, Information Technology, Legal, Legal Tech
Founders: Al E., Alon Shwartz, Drew Thaler, Nicole Clark
Founding year: 2017
Total equity funding raised: $35.6M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (LA Tech, NYC Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the Los Angeles business community and beyond. Find out how to run a digital campaign that will return your investment here.
3. Jinx $17.9M
Round: Series B
Description: Jinx is a dog wellness brand that primarily sells dog foods online. Founded by Sameer Mehta and Terri Rockovich in 2019, Jinx has now raised a total of $51.5M in total equity funding and is backed by Initialized Capital, AF Ventures, Align Ventures, Brand Foundry Ventures, and Era Ventures.
Investors in the round: AF Ventures, Align Ventures, Era Ventures, Range Group, The Merchant Club
Industry: Consumer Goods, E-Commerce, Nutrition, Wellness
Founders: Sameer Mehta, Terri Rockovich
Founding year: 2019
Total equity funding raised: $51.5M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (LA Tech, NYC Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the Los Angeles business community and beyond. Find out how to run a digital campaign that will return your investment here.
2. Luxury Presence $19.2M
Round: Series B
Description: Luxury Presence is a website and marketing system used by the world’s leading real estate agents and brokers. Founded by Malte Kramer in 2014, Luxury Presence has now raised a total of $50.5M in total equity funding and is backed by Bessemer Venture Partners, 75 & Sunny, Scribble Ventures, Toba Capital, and Switch Ventures.
Investors in the round: Bessemer Venture Partners, Scribble Ventures, Switch Ventures, Toba Capital
Industry: Advertising, Real Estate
Founders: Malte Kramer
Founding year: 2014
Total equity funding raised: $50.5M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (LA Tech, NYC Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the Los Angeles business community and beyond. Find out how to run a digital campaign that will return your investment here.
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1. Ghost $30.0M
Round: Series B
Description: Ghost combines real-time data with intelligent solutions to help brands monetize their excess inventory discreetly and sustainably. Founded by Dee Murthy and Josh Kaplan in 2021, Ghost has now raised a total of $48.0M in total equity funding and is backed by Flexport, Union Square Ventures, Human Capital, Eniac Ventures, and Cathay Innovation.
Investors in the round: Cathay Innovation, Eniac Ventures, Equal Ventures, Union Square Ventures
Industry: Marketplace, Retail Technology, Software
Founders: Dee Murthy, Josh Kaplan
Founding year: 2021
Total equity funding raised: $48.0M
LA TechWatch’s exclusive coverage of this round: Ghost Raises Another $30M for its Marketplace for Excess Retail Inventory
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (LA Tech, NYC Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the Los Angeles business community and beyond. Find out how to run a digital campaign that will return your investment here.
1. Serve Robotics $30.0M
Round: Venture
Description: Serve Robotics develops self-driving robots to deliver food and supplies. Founded by Ali Kashani and Dmitry Demeshchuk in 2021, Serve Robotics has now raised a total of $53.0M in total equity funding and is backed by NVIDIA, Uber, Delivery Hero, Bossanova Investimentos, and Neo.
Investors in the round: Mark Tompkins, NVIDIA, Republic Deal Room, Uber, Wavemaker Partners
Industry: Food Delivery, Logistics, Robotics
Founders: Ali Kashani, Dmitry Demeshchuk
Founding year: 2021
Total equity funding raised: $53.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (LA Tech, NYC Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the Los Angeles business community and beyond. Find out how to run a digital campaign that will return your investment here.
