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The LA TechWatch Startup Daily Funding Report: 3/8/2023

LA TechWatch by LA TechWatch
The LA TechWatch Startup Daily Funding Report: 3/8/2022
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The latest venture capital, seed, pre-seed, and angel deals for LA startups for 3/8/2023 featuring funding details for Fly By Jing, The Believer Company, and much more. This page will be updated throughout the day to reflect any new fundings.


Fly By Jing – $12M

Fly By Jing, a Chinese food brand, has raised $12M in Series B funding from investors that include Pendulum Holdings and Prelude Growth Partners. Fly By Jing was founded by Jing Gao in 2019.


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The Believer Company – $55M

The Believer Company, a new gaming studio focused on multiplayer open world games, has raised $55M in Series A funding from investors that include Andreessen Horowitz, Lightspeed Venture Partners, BITKRAFT Ventures, 1Up Ventures, Cleveland Avenue, Riot Games, and The Tornante Company. Founded by Michael Chow, Shankar Gupta-Harrison, and Steven Snow in 2022, The Believer Company has now raised a total of $80M in reported equity funding.


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Ocean Drive Studio – $500K

Ocean Drive Studio, an El Segundo-based video game development studio, has raised $500K in funding according to a recent SEC filing funding from investors that include The filing indicates that the round comes from a sole investor. Ocean Drive Studio was founded by Jungso Lee and Heejae Kim in 2019.

Tags: 1Up VenturesAndreessen HorowitzBITKRAFT VenturesCleveland AvenueFly By JingHeejae KimJing GaoJungso LeeLightspeed Venture PartnersMichael ChowOcean Drive StudioPendulum HoldingsPrelude Growth PartnersRiot GamesShankar Gupta-HarrisonSteven SnowThe Believer CompanyThe Tornante Company
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