With so much going on in the thriving LA tech and startup ecosystem, it is easy to miss some of the news in the space. We keep you abreast of the things that you may have missed in LA Tech news for the week ending 2/10 featuring news forSuma Wealth, Stoke Games, and much, much more.
ProducePay – $38M
ProducePay, a financing and supply chain management platform for produce farmers, has raised $38M in Series D funding led by Syngenta Ventures. Founded by Ben Dusastre and Pablo Schwarzbeck in 2014, ProducePay has now raised a total of $105.9M in reported equity funding.
Avnos – $36M
Avnos, a carbon removal platform, has raised $36M in Series A funding led by NextEra Energy Resources. Founded by Will Kain in 2021, Avnos has now raised a total of $116M in reported equity funding.
Perelel – $6M
Perelel, a pre and postnatal supplement brand, has raised $6M in Series A funding led by Unilever Ventures, Willow Growth Partners, and Selva Ventures. Founded by Alex Taylor and Victoria Thain Gioia in 2018, Perelel has now raised a total of $10.7M in reported equity funding. LA TechWatch first flagged the SEC filing for this round back in December – The LA TechWatch Startup Daily Funding Report: 12/20/2023
Stoke Games – $5.5M
Stoke Games, an independent gaming studio forcused on multiplayer games, has raised $5.5M in Venture funding led by BITKRAFT Ventures. Stoke Games was founded by Veigar Bouius and Jon Diesta in 2023.
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Eggscape Entertainment – $4.25M
Eggscape Entertainment, a gaming studio focused on mixed reality, has raised $4.25M in Seed funding led by Transcend Fund. Eggscape Entertainment was founded by German Heller, Federico Heller, Brandon Maseda, and Jorge Tereso in 2023.
Suma Wealth – $2.2M
Suma Wealth, a financial platform focused on wealth creation for Latinos in the US, has raised $2.2M in Venture funding led by Radicle Impact. Founded by Beatriz Acevedo, Xavier Gutierrez, and Mary Fernandez in 2020, Suma Wealth has now raised a total of $8.8M in reported equity funding.
Mogul – $1.9M
Mogul, a royalty tracking and rights management platform for artists, has raised $1.9M in Seed funding led by UTA.VC. Mogul was founded by Joey Mason and Jeff Ponchick in 2023.
Zoodiker – $722K
Zoodiker, an AI-powered platform for authors to test their screenplays before shooting, has raised $722K in funding according to a recent SEC filing. The filing indicates that the total offering is for $975K and there were five investors in this close. Zoodiker was founded by Leilah Franklin and Bob Tzudiker in 2020.