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The LA TechWatch Startup Daily Funding Report: 10/5/2023

LA TechWatch by LA TechWatch
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The latest venture capital, seed, pre-seed, and angel deals for LA startups for 10/5/2023 featuring funding details for Machina Labs, Cove, and much more. This page will be updated throughout the day to reflect any new fundings.


Machina Labs – $32M

Machina Labs, an advanced manufacturing company that integrates AI and robotics to brings unprecendented flexibility and modularization to manufacturing, has raised $32M in Series B funding from investors that include Innovation Endeavors and NVentures. Founded by Babak Raeisinia and Edward Mehr in 2019, Machina Labs has now raised a total of $45M in reported equity funding.


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Cove – $6.6M

Cove, a sustainable packaging company, has raised $6.6M in venture funding from investors that include Valor Siren Ventures, Lupa Systems, and Litani Ventures. Founded by Alex Totterman in 2017, Cove has now raised a total of $11.2M in reported equity funding.


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Tags: Alex TottermanBabak RaeisiniaCoveEdward MehrInnovation EndeavorsLitani VenturesLupa SystemsMachina LabsNVenturesValor Siren Ventures
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