Armed with some data from our friends at CrunchBase, I broke down the largest LA startup funding rounds during December 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) 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.
5. Jiant $6.0M
Round: Series A
Description: Jiant is a producer of alcoholic beverages that provides kombucha, hard teas, and non-alcoholic kombucha. Founded by Aaron Telch and Larry Haertel Jr. in 2019, Jiant has now raised a total of $8.3M in total equity funding and is backed by Brown Angel Group, Sage Venture Partners, Semillero Partners, Natureza, and Air Ventures.
Investors in the round: Air Ventures, Brown Angel Group, G5 Capital, Michael Silverstein, Natureza, Sage Venture Partners, Semillero Partners
Industry: Food and Beverage
Founders: Aaron Telch, Larry Haertel Jr.
Founding year: 2019
Total equity funding raised: $8.3M
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) 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. Sona $6.9M
Round: Seed
Description: Sona is a web3 streaming protocol that employs DeFi primitives. Founded by Lauren Jaramillo and Jennifer Lee in 2022, Sona has now raised a total of $6.9M in total equity funding and is backed by Polychain, Rogue Capital, and Haun Ventures.
Investors in the round: Haun Ventures, Polychain, Rogue Capital
Industry: Media and Entertainment, Music, Music Streaming
Founders: Lauren Jaramillo, Jennifer Lee
Founding year: 2022
Total equity funding raised: $6.9M
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) 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. OurSky $9.5M
Round: Seed
Description: OurSky is a developer platform for space applications that provides observational data and analysis of objects and activities in space. Founded by Alex Hawkinson and Dan Roelker in 2022, OurSky has now raised a total of $16.0M in total equity funding and is backed by Venrex, Oceans, Upfront Ventures, Embedded Ventures, and Marlinspike Capital.
Investors in the round: Embedded Ventures, Marlinspike Capital, Oceans, Upfront Ventures, Venrex
Industry: Analytics, Developer APIs, Software
Founders: Alex Hawkinson, Dan Roelker
Founding year: 2022
Total equity funding raised: $16.0M
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) 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. rabbit $10.0M
Round: Series A
Description: Rabbit is a tech company specializing in creating a customized operating system using a natural language interface. Founded by Carlos Virella, Cheng Lu, and Justin Oren in 2021, rabbit has now raised a total of $30.0M in total equity funding and is backed by Khosla Ventures, Collab+Currency, Kakao Investment, and Synergis Capital.
Investors in the round: Khosla Ventures
Industry: Artificial Intelligence (AI), Hardware, Operating Systems
Founders: Carlos Virella, Cheng Lu, Justin Oren
Founding year: 2021
Total equity funding raised: $30.0M
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) 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. Atomic Industries $17.0M
Round: Seed
Description: Atomic Industries is a computational manufacturing company building an AI-powered tool and die maker. Founded by Aaron Slodov, Austin Bishop, and Lou Young Jr. in 2019, Atomic Industries has now raised a total of $20.2M in total equity funding and is backed by 8VC, Y Combinator, Acequia Capital (AceCap), Toyota Ventures, and Narya Capital.
Investors in the round: 8090 Industries, Acequia Capital (AceCap), Blue Gentian Capital, Impatient Ventures, Narya Capital, Porsche Ventures, Toyota Ventures, Yamaha Motor Ventures
Industry: Artificial Intelligence (AI), Industrial, Industrial Automation, Industrial Manufacturing, Machine Learning, Machinery Manufacturing, Manufacturing
Founders: Aaron Slodov, Austin Bishop, Lou Young Jr.
Founding year: 2019
Total equity funding raised: $20.2M
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) 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.
