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Now, the most profitable arm of Beast Industries is its commerce division, led by the chocolate brand Feastables. As well as Feastables, Beast Industries is also a shareholder in the snack brand Lunchly and owns Viewstats , a software firm that sells digital tools to fellow content creators.
Four years and hundreds of long lines later, the truck is still there, but the company is taking on what co-founder Nile Dreiling calls “a stale $40 billion donut industry ” by expanding its presence into brick-and-mortar locations in LosAngeles after raising $9 million in financing.
The deadly LosAngeles wildfires had just begun when Comic Relief U.S.’s The six weeks since LosAngeles’ most destructive wildfires have proven no different. FireAid raised an estimated $100 million with performances from dozens of popular musical acts. And now its our turn to show up for L.A.
Boulevard , a spa management and payment platform, has raised $27 million in a new round of funding despite a business slowdown caused by the COVID0-19 pandemic. The two spent months pounding the pavement in LosAngeles pretending to be college students doing research on the industry. million in funding.
The New York-based company raised a $20 million Series A in a round of funding led by Sonoma Brands and including Global Founders Capital, Monogram Capital, Lakehouse Ventures and Brand Foundry. He met Kim, a user experience expert, whose family owns a pharmacy, and wanted to bring technology into the industry.
The oversubscribed round — which features Regal, Aware Super, Perennial, Argo and Greencape — follows a $30 million raise last August , bringing the LosAngeles company’s total funding to north of $100 million. Music licensing marketplace Songtradr this morning announced a $50 million Series D.
Aero , a startup backed by Garrett Camp’s startup studio Expa, has raised $20 million in Series A funding — right as CEO Uma Subramanian said demand for air travel is returning “with a vengeance.” Aero currently offers a single route between LosAngeles and Aspen, with one-way tickets costing $1,250.
This year’s top auctioneers are driving impactful change, raising crucial funds and leveraging their expertise to make a difference for great causes worldwide. In fact, she will often offer a surprise song during fundraising to encourage more donations – her songs have raised up to an additional $10,000 for her beloved clients!
As concerts and live events return to the physical world stateside, many in the tech industry have wondered whether some of the pandemic-era opportunities around virtualizing these events are lost for the time being. The virtual concert industry didn’t have as big of a lockdown moment as some hoped for.
LosAngeles delivery robot startup Coco this week has announced $36 million in funding. “I strongly believe the delivery service industry in its current state is massively under-serving merchants. It brings the company’s total funding up to around $43 million.
LosAngeles-based incubator Science is at it again, having launched a brand new company called TopFloor designed to change the way we shop online. predicting the social commerce industry will top $14 billion by 2015, illustrate that consumers are heavily interested in finding new ways to shop and share with their friends and network.
Upscribe founder and CEO Dileepan Siva watched the retail industry make a massive shift to subscription e-commerce for physical products over the past decade, and decided to get in it himself in 2019.
The following day, the Producers Guild of America Awards (PGA) was held at the Fairmont Century Plaza in LosAngeles and the Directors Guild of America Awards (DGA) was presented at the Beverly Hilton in Beverly Hills. It had already raised $450,000 and attendees were encouraged to keep donating throughout the evening.
Starting in 2022, TuSimple says it will connect the East Coast with the West by offering service between LosAngeles and Jacksonville, Florida. Last week, TechCrunch reported that TuSimple hired investment bank Morgan Stanley to help it raise an additional $250 million from investors. coast-to-coast autonomous trucking network.
In a move to shore up institutional support in what’s likely to be it’s last fundraising as a private company, the LosAngeles-based mobile gaming behemoth Scopely has raised $340 million in its latest eye-popping round of funding. ” LA-based gaming studio Scopely raises $200M at a $1.7B valuation. .
Proceeds benefit Heal the Bay, a nonprofit dedicated to making the coastal waters and watersheds of Greater LosAngeles safe, healthy, and clean. Proceeds aid musicians and music industry workers who are struggling with illness, disease, and age-related problems. 12) Heal the Bay :: shop.healthebay.org.
And with live events drawing to a close comes a good deal of collateral damage for all of the many facets of the industry such performances directly and indirectly support. ” Today, the company announced that it has raised a $24 million Series B. The raise, led by Fortress Investment, follows a 2019 $10.7 million A round.
Papaya is a LosAngeles-based startup with a mission to do just that. It also claims to help businesses of all sizes in all industries as well as governments and municipalities get paid faster and more often. The financing brings the previously under-the-radar company’s total raised to $65 million since its 2016 inception.
The startup, which launched in late 2018 and operates in Boston, LosAngeles and San Francisco, has caught the attention of capital of investors. The startup said Tuesday it has raised $9 million in funding from DN Capital and Amplo VC.
MarketerHire , a LosAngeles-based startup backed by a slew of executives from some of the city’s hottest startups, launched its new service matching freelance marketing experts with open jobs listed on its platform. . And the industry it’s tackling accounts for some $248.9 billion in business spending.
Just over three months after its last funding round, European fintech giant Klarna is announcing today that it has raised another $639 million at a staggering post-money valuation of $45.6 Rumors swirled in recent weeks that Klarna had raised more money at a valuation north of $40 billion. in markets such as New York and LosAngeles.
Digital fitness and wellness company FitOn has raised $40 million in Series C funding led by Delta-v Capital, the company announced on Tuesday. The funding comes as the LosAngeles-based company hit 10 million users last year for its app, which offers personalized fitness and wellness programs.
Zoomo, the Australian startup with a mission to electrify delivery fleets through e-bike subscriptions, announced a $12 million interim capital raise on Monday. It currently operates in New York City, San Francisco, LosAngeles and Philadelphia. billion in 2025 at a compound annual growth rate of 11%. .
A portion of the ticket sales will benefit The Actors Fund, which supports performers and workers in the entertainment industry. You raised over $1 million to benefit @TheActorsFund ! You did it! But we aren’t done yet. Tickets are still on sale all weekend long on @TodayTix. Ratatouille: The TikTok Musical.
AmazeVR , a LosAngeles-based virtual concert platform, said Tuesday it has raised a $17 million funding round to create immersive music experiences through virtual reality (VR) concerts. Like other industries, the entertainment sector was affected by the coronavirus lockdown. Are virtual concerts here to stay?
The company plans to end 2021 with eight locations, in particular eyeing the Denver, Seattle and LosAngeles markets. If you are in the market looking for 10,000 square feet of industrial warehouse space, you are effectively pushed to the fringes of the real estate ecosystem and then the entrepreneurial ecosystem at large.
The networking opportunities stemming from these events have enabled us to raise three times more than in any period in the school’s history.”— Tatiana Tuccio, LosAngeles Jewish Health Play Affinity Matchmaker “Research donor’s philanthropic interests and tailor your asks to the micro-campaigns that match.”—
million Series A round by Universal Hydrogen , a LosAngeles-based startup aiming to develop hydrogen storage solutions and conversion kits for commercial aircraft. The race to decarbonize aviation got a boost this Earth Day with the announcement of a $20.5 gallery ids="2141963,2141959,2141962"].
Less than a year after assuming the role , All Raise CEO Mandela SH Dixon has stepped down from her position at the nonprofit. This is the second chief executive to leave All Raise since it was first founded in 2017. It is unclear if All Raise is immediately kicking off a permanent CEO search. firms by 2028.
million in new financing, HMBradley is making moves as the LosAngeles-based entrant into the challenger bank competition. With climbing numbers on the back of limited marketing, Bruhnke said raising the company’s latest round of financing was a breeze. . With $90 million in deposits and $18.25
PearPop a new LosAngeles-based company, is on its way to racking up nearly 25,000 users in less than a month, and has already landed seed funding from the firm Rocket One Capital. Mason thinks the company can rack up 100,000 users over the next three months and will head out to raise a seed round once he reaches that milestone.
As the Ubers of the world continue to scale, a smaller on-demand transportation startup has raised some funding in Germany, underscoring the opportunities that remain for startups in the space targeting specific service niches. The reason that Blacklane has managed to raise at an up round tells another side of the story, however.
AmazeVR has raised a total of $30.8 million since its inception in 2015 and plans to raise a Series B in early 2022 to drive its rapid growth, the company said. We’ve been able to attract top talent from the [music, entertainment, tech and gaming] industries we touch,” Lee said.
The startup — based in Oslo but with a significant presence also in LosAngeles — plans to use the funding to continue building out its platform and operations en route to its first commercial launch: PortalOne Arcade, a journey into a retro “arcade” featuring multiple games.
Mr Yum , a Melbourne-based mobile ordering and payments platform that was founded in 2018, announced today it has raised a $65 million USD Series A round, led by Tiger Global. and Strings of Life in LosAngeles, and Magic Mike Live Las Vegas and Sahara Las Vegas. Sunday raises $100 million for its fast restaurant checkout flow.
Uber has raised the minimum age requirement for new rides-hailing drivers in California to 25 years old due to what it described as “baselessly higher” commercial insurance costs in the state. The new policy will only apply to new drivers planning to use the rideshare platform.
The LosAngeles and Taipei-based startup has raised $23 million in Series A funding, co-led by Flex Capital and Headline. During that time, one of his co-founders was living in LosAngeles, working as an importer for a family business. When I was in the States, I knew a lot of people in this industry as well.
Q-CTRL , a Sydney-based startup that provides quantum control engineering solutions, announced today it has raised a $25 million Series B led by Airbus Ventures with participation from Ridgeline Partners, Main Sequence Ventures, Horizons Ventures, SquarePeg Capital, Sierra Ventures, DCVC, Sequoia Capital China and InQTel. .
We believe Ordermark’s leading technology platform and innovative virtual restaurant concepts are transforming the restaurant industry,” said Jeff Housenbold, Managing Partner at SoftBank Investment Advisers, in a statement. Canters restaurant royalty raises $9.5 million for Ordermark, a takeout order management service.
However, “when you see other companies raising hundreds of millions of dollars, it can be easy to think no one will be interested in hearing about your startup’s much smaller round,” writes Hum Capital CMO Scott Brown. To infinity and beyond : Aria has your look at the space industry trends for 2023.
In the trucking industry, “dwell and detention” times are the enemies of efficiency, profits and drivers. The company raised its first $3.3 Baton raised $10.5 Self-driving trucks startup TuSimple raises $350M from US rail, retail and freight giants.
Today, the company announced that it has raised another $27.4 The Series B extension comes nearly 14 months after the startup raised its $25 million Series B in November 2021. CEO of Q-CTRL, Michael Biercuk, told TechCrunch the startup made major discoveries and demonstrations of its technology almost immediately after its last raise.
and Karma Automotive, two electric vehicle startups with a long shared history, each announced this week that they’ve raised millions of dollars. Fisker has taken in $50 million of fresh capital from “hedge fund king” Louis Bacon and Karma Automotive has raised $100 million from undisclosed “outside investors.”. Fisker Inc.
Serial entrepreneur and seasoned investor Vinod Khosla has some strong, contrarian advice for the venture capital industry: don’t sit on your founders’ boards. Khosla, who spoke onstage at the Upfront Summit in LosAngeles this week, spoke about the culture of capital. The outfit plans to raise $1.5
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