8% of global emissions arising from human activity comes from the cement industry. Cement along with sand and gravel are the primary components of concrete. Most concrete formulations have been overdesigned with excess cement for their intended applications. Concrete-AI uses data science machine learning to help cement and concrete manufacturers develop the ideal formulations, leading to cost efficiencies and improvement in carbon emissions. The company is already in pilot with some of the largest companies in the space and initial results have shown cost savings of up to 10% and carbon footprint reductions of up to 50%. Offered as a SaaS solution, Concrete-AI targets the $652B global cement and concrete market that’s expected to exceed $1T by 2030. LA TechWatch caught up with Concrete-AI CEO Alex Hall to learn more about the concrete and cement industry and its impact on the environment, the company’s strategic plans, recent round of funding, and much, much more…
Jaanuu Raises $75M for its Medical Apparel Brand That’s Modernized Scrubs
For years, the medical apparel market consisted of sterile, ill-fitting scrubs that lack any hint of style. Over the last ten years, a number of new entrants prioritized fashion, aesthetics, and form-fitting apparel for this market. Jaanuu is a direct-to-consumer and manufacturer of performance-oriented, premium scrubs. Founded by a brother and sister duo consisting of a former private equity investor and a physician, Jaanuu offers a line of functional, form-fitting, and comfortable medical apparel and accessories that healthcare professionals are raving about. They’re not the only ones; President Obama was photographed sporting a Jaanuu mask. LA TechWatch caught up with Jaanuu CEO and Cofounder Shaan Sethi to learn more about the company’s start, impressive growth, latest round of funding, which brings the total funding raised to $97.6M, and much, much more.
The LA TechWatch Startup Daily Funding Report: 1/20/2022
4 new deals and $350M+ in new funding! The latest venture capital, seed, pre-seed, and angel deals for LA startups for 1/20/2022 featuring funding details for Autograph, Filmhub, and much more.
Fan Controlled Football Raises $40M to Transform the Fan Experience Like Never Before
Back in 2007, 50,000+ soccer enthusiasts, organized by the startup MyFootballClub, banded together to purchase an English football club, which ended up being Ebbsfleet United FC. The community was responsible for all decisions related to the club. Last fall, an internet collective come together to raise $40M to buy a copy of the US Constitution through a DAO. Advancements in decentralized and streaming technology are fostering a new wave of innovation and engagement based on collective control that was previously not possible. Fan Controlled Football is a professional football league that allows fans to be involved in the gameplay and management of their favorite teams. Fans have a say in branding, personnel decisions, and even play-calling in real-time as if they are playing a real-life video game. The league plays all its games in a state-of-the-art arena based in Atlanta using modified rules that drive interest, excitement, and action with games broadcasted live on Twitch. Fan Controlled Football quickly recognized the concept was ideal for Web3 and blockchain and is now making integrating 4 new NFT-powered teams into the league, doubling the number of teams to eight for the upcoming season (the league’s second) that will start in mid-April. LA TechWatch caught up with Fan Controlled Football Cofounder and Chief Growth Officer Grant Cohen to learn more about how FCF blends technology, sports, gaming, and decentralization into a professional sports league, the company’s strategic plans, upcoming season, latest round of funding from investors that include Animoca Brands and Delphi Digital, Gemini Frontier Fund, 6th Man Ventures, Jump Crypto, Red Beard Ventures, Spartan Capital, NGC Ventures, Lightspeed Venture Partners, Talis Capital, Verizon Ventures, Correlation Ventures, and Basecamp Fund.
The LA TechWatch Startup Daily Funding Report: 1/18/2022
The latest venture capital, seed, pre-seed, and angel deals for LA startups for 1/18/2022 featuring funding details for Mustard, Varda, and much more.
LA Tech Week in Review: 1/9/22-1/15/22
11 deals; $150M+ in new funding for LA startups. LA Tech news for the week ending 1/15 featuring news for Brella, Masters, and much, much more.
HeyRenee Raises Another $4.4M for its Digital Platform for Care Coordination
Care coordination is one of the pillars of establishing a healthcare model that’s increasingly moving towards value-based care. The market is poised for digital adoption and large-scale innovation; the digital care coordination software market alone is expected to top $3.1B in 2022. Challenges remain in the market as there’s traditionally been a lack of interoperability between payers and providers as well as confusion when care transitions from team to team and across institutions. HeyRenee is a digital healthcare concierge platform that’s focused on centralizing all aspects of a patient’s care into a single platform that’s easy to use and navigate. There are 100M+ Americans that suffer from 2 or more chronic conditions and the startup plans to focus on this segment, allowing them to interact through voice, text, and touch. The platform focuses on all aspects of the healthcare journey from diagnosis to ongoing monitoring to post-care follow up aligning the interest of payers, providers, and patients to ensure better outcomes for patients. LA TechWatch caught up with Founder, serial entrepreneur, and CEO Nick Desai (cofounded Heal) to learn more about the care coordination market and the benefits it brings in an era of increasing costs, how the founding team’s experience dealing with a parent’s illness led to the inspiration for the business, the company’s future plans, recent round of funding from investors that include Quiet Capital, City Light Capital, Fika Ventures, Global Founders Capital, Mucker Capital, SaaS Ventures, and Tau Ventures.
The LA TechWatch Startup Daily Funding Report: 1/13/2022
4 new deals including two that you will not read about elsewhere. The latest venture capital, seed, pre-seed, and angel deals for LA startups for 1/13/2022 featuring funding details for Concrete-AI, Masters, and much more.
The LA TechWatch Startup Daily Funding Report: 1/12/2022
The latest venture capital, seed, pre-seed, and angel deals for LA startups for 1/12/2022 featuring funding details for Fan Controlled Football, Jaanuu, and much more. This page will be updated throughout the day to reflect any new fundings.
The LA TechWatch Startup Daily Funding Report: 1/11/2022
The latest venture capital, seed, pre-seed, and angel deals for LA startups for 1/11/2022 featuring funding details for Polycarbin, Brella, and much more.
LA Tech Week in Review: 1/2/22-1/8/22
4 deals; $127M+ in new funding for LA startups for the first full week of 2022. LA Tech news for the week ending 1/8 featuring news for Ambercycle, Liquid Death, and much, much more.