The virtual reality gaming market is expected to reach $45B/yr by 2027. The increased affordability of VR sets like Oculus’s Quest 2 will contribute to this massive growth. ForeVR, founded by two ex-Zynga employees, is seeking to capitalize on this trend with its VR-focused gaming studio. Emerging recently from stealth, the company’s first title, launching in early 2021, is focused on bowling and ForeVR plans to build new games that are based on popular games in real life. LA TechWatch caught up with CEO and Cofounder Marcus Segal to learn more about the genesis of the company, its future product pipeline, first institutional round of funding from investors that include Galaxy Interactive Fund, Presence Capital, Emmett Shear, Justin Kan, Mark Pincus, and Justin Waldron.
The LA TechWatch Startup Daily Funding Report: 12/18/2020
The latest venture capital, seed, pre-seed, and angel deals for LA startups for 12/18/2020 featuring funding details for Whatnot, Plink, and much more.
Finli Raises Another $1M to be the Payment Solution for Neighborhood Schools and Studios
Small businesses have been devastated by the pandemic and neighborhood schools and studios are no different. There has been a wave of innovation that empowers these small businesses to rapidly digitize to address changing customer preferences. Finli is the small business management platform and payment solution for these family-centric businesses that have been traditionally reliant on paper and pencil models. On the platform, parents and caretakers connect their bank accounts or credits to schedule and process payments for their children’s education, while schools and studios can invoice, streamline payments, and service their customer bases. LA TechWatch caught up with CEO and Founder Lori Shao to learn more about the critical service the platform provides to family businesses, the company’s future plans, and recent seed extension round from investors that include MaC Venture Capital, TechStars Los Angeles, Core Innovation Capital, and Muse Capital.
The LA Venture Capital News Digest: 12/15/20
This bi-weekly column covers the latest news from venture capital firms in LA for the first half of December 2020 including must-know news for LGF and much more.
The LA TechWatch Startup Daily Funding Report: 12/15/2020
The latest venture capital, seed, pre-seed, and angel deals for LA startups for 12/15/2020 featuring funding details for ConsejoSano, Finli, and much more.
LA Tech Week in Review: 12/6/20-12/12/20
The LA TechWatch Startup Daily Funding Report: 12/14/2020
The latest venture capital, seed, pre-seed, and angel deals for LA startups for 12/14/2020 featuring funding details for Mate Fertility and much more.
FanFlex Strengthens the Relationship Between Venues and Musicians Through its Booking Platform
For independent musicians, finding and securing a venue for your next performance is difficult and time-consuming, and there is no guarantee that you’ll leave at the end of the night with a pocket of cash. FanFlex is the do-it-yourself booking platform that allows venues to list their space and availability dates, allowing musicians to easily book venues and sell tickets directly to fans through the FanFlex platform. The two-sided marketplace lets venues shift their focus from selling tickets to maximizing food and beverage revenue, while the musician controls the ticket sales. LA TechWatch caught up with Cofounder Erik Nelson to learn more about FanFlex and how his background in the entertainment industry served as the genesis for the platform.
The LA TechWatch Startup Daily Funding Report: 12/9/2020
The latest venture capital, seed, pre-seed, and angel deals for LA startups for 12/9/2020 featuring funding details for Homelister and much more.
The LA TechWatch Startup Daily Funding Report: 12/8/2020
The latest venture capital, seed, pre-seed, and angel deals for LA startups for 12/8/2020 featuring funding details for Orca Security, Aglet, and much more.