Former Snap employees are launching Forge Platform for Ethereum devs

Chris Lorenz, Geoffrey Anderson, and James Borow may have spent their days over the past few years working at Snap, but on nights and weekends Anderson and Lorenz were laboring on a different project — improving Ethereum development tools.  Now the three men are finally ready to take the covers off of the labor of love […]

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Techstars and Starburst Aerospace are launching a space industry accelerator in Los Angeles

With the help of NASA’s Jet Propulsion Lab, the U.S. Air Force, Lockheed Martin, Maxar Technologies, SAIC and the Israel Aerospace Industries company, Techstars and Starburst Aerospace are launching an accelerator focused on the space industry in Los Angeles. Already a major hub for the space and aerospace startup industry, with companies like SpaceX, Relativity […]

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Business travel survival guide: How and why this entrepreneur refuses to settle

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Stacy Garcia, founder of Stacy Garcia Inc., a licensing and design company, travels frequently as part of her job as an entrepreneur and business owner. Her company, which focuses on interior design products, has roots in hospitality design, and today includes a collection of global lifestyle brands and product lines including textiles, carpeting, furniture, and lighting.

Part of Garcia’s success is due to her “never settle” attitude. “When I believe in something, I never settle until I’ve accomplished it,” she says. “I don’t stop just because I’ve heard a few ‘no’s.’ I’ve trained myself to hear ‘not yet’ instead of ‘no.’ This challenge is what has made my journey so meaningful, and so much sweeter when I finally get the ‘yes’ I deserve.” Read more…

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With its Greenlots acquisition, Shell is moving from gas stations to charging stations

In a bid to show that it’s getting ready for the electrification of American roads, Royal Dutch Shell is buying Greenlots, a Los Angeles-based developer of electric vehicle charging and energy management technologies. Shell, which is making the acquisition through its Shell New Energies US subsidiary, snatched the company from Energy Impact Partners, a cleantech-focused […]

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FabFitFun raises $80 million for its growing lifestyle brand

Nine years after launching its online magazine, and three years after diversifying into the subscription box business, FabFitFun has raised $80 million in a growth round of funding led by Kleiner Perkins with participation from its previous investors Upfront Ventures and NEA.  The Los Angeles-based company has steadily expanded its retail and lifestyle empire through […]

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Los Angeles is using ride-hailing startup Via to shuttle people to public transit

Los Angeles is partnering with on-demand shuttle-based service Via as part of a pilot program that will give people rides to three busy public transit stations. The pilot program, which launched Monday, aims to solve the first- and last-mile problem that makes it challenging for people to get to and from public transit stations. Under […]

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As it raises new cash, Recharge adds homes to its supply of on-demand spaces

Recharge, the business which got its start pitching pay-as-you-go rentals of unused hotel rooms, is adding private homes to its inventory of spaces — offering the first 100 signups in cities where the plan is available a guaranteed income of $1,000 per month. “To celebrate the launch and continue to expand our community early Recharge […]

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Going long on LA, India, AI, and tech infrastructure March Capital raises $300 million

March Capital Partners, the Los Angeles-based venture capital firm, has raised $300 million for its latest fund. It’s another indicator that the Los Angeles technology ecosystem is coming of age, but also a sign that March’s core investment strategies — to invest in companies applying artificial intelligence to business use cases and investing in the […]

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Google partners with Sony Pictures Imageworks to launch an open source VFX render manager

Google today announced that it has partnered with Sony Pictures Imageworks, Sony’s visual effects and animation studio, to launch OpenCue, an open source render manager. OpenCue doesn’t handle any of the actual rendering processes but it provides all the tools to break down those different steps and then schedule and manage the different rendering jobs across […]

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Backing Culture Genesis, T.I. launches Tech Cypha, an investment syndicate for tech deals

With an inaugural investment into the Los Angeles-based entertainment startup Culture Genesis, Clifford Harris Jr., who’s better known as “T.I.”, has launched a new syndicated investment vehicle called Tech Cypha. Launched by the music and cultural impresario with more hustle than hustle and his business partner Jason Geter, the new collaborative investment strategy focused on tech startups will […]

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Dreaming of Mars, the startup Relativity Space gets its first launch site on Earth

3D-printing the first rocket on Mars. That’s the goal Tim Ellis and Jordan Noone set for themselves when they founded Los Angeles-based Relativity Space in 2015. At the time they were working from a WeWork in Seattle, during the darkest winter in Seattle history, where Ellis was wrapping up a stint at Blue Origin . The […]

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Consolidation is coming to gaming, and Jam City raises $145 million to capitalize on it

A slew of banks are coming together to back a new roll-up strategy for the Los Angeles-based mobile gaming studio, Jam City and giving the company $145 million in new funding to carry that out. There’s no word on whether the new money is in equity or debt, but what is certain is that JPMorgan Chase […]

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