An exceptional month for LA startup funding with over $700M raised in September! Aggregate statistics for all LA funding deals by stage of funding (Early, Series A, Series B, & Late) including mention of notable rounds for September 2020.
Much of the focus of AI has been on data-intensive applications and consumer-facing implementations. Beyond Limits’ cognitive AI platform unleashes the power of AI for some of the most demanding verticals like energy, utilities, and healthcare. The company’s solutions are used to boost operational insights, improve operating conditions, enhance performance, and ultimately, increase profits. The company’s technology originated at Caltech’s Jet Propulsion Laboratory for NASA space missions and is now being leveraged to help some of the largest industrial enterprises and companies address their most pressing challenges with a combination of machine learning and human knowledge. LA TechWatch caught up with CEO and Founder AJ Abdallat to learn more about the state of the enterprise and industrial AI market, the company’s future plans, and recent funding round.
The latest news from venture capital firms in LA for the first half of September 2020 including must-know news for Time BioVentures, Bonfire Ventures, and much more.
Technology allows us to instantly message or video chat with people halfway across the world, and now companies like Science 37 makes it possible to participate in clinical trials from the comfort of your own homes. Science 37 partners with pharmaceutical companies and academic institutions to design flexible, decentralized clinical trials. By making the barrier to participate lower, organizations can recruit participants faster, increase retention rates, include a representative patient population, drastically reduce the cost of trials, and accelerate the speed to market. CPO Christopher Ceppi shares more about Science37 and its plans to expand to 30+ countries, the company’s response to the pandemic, and recent funding round from investors that include PPD, Novartis, Amgen, Sanofi Ventures, GV, Glynn Capital, LifeSci Ventures, Mubadala Ventures, Lux Capital, and Redmile Group
The latest news from venture capital firms in LA for the second half of July 2020 including must-know news for Smash Ventures, UTA Ventures, and much more.
COVID-19 is exacerbating the loneliness and isolation and this is even more true among seniors. Uniper Care is the startup that helps older adults age in place, while simultaneously reducing feelings of social isolation through technology. Uniper Care’s multi-modular platform transforms any TV or mobile device into a social assistant that enables older adults to video chat with family and friends, access remote health care, participate in interactive programs, browse photo albums, connect with peer-led groups, and meet new people. CEO and Cofounder Rami Kirshblum shares more insight about how his cofounder’s experience with his aging mother led to the founding of Uniper, how the company is growing rapidly and alleviating loneliness for seniors during the pandemic, and the company’s latest funding round led by Zeev Ventures.
Esports revenues are expected to exceed a billion dollars per year for the first time and expected to increase rapidly as the industry continues to attract players, teams, and fans at an explosive pace. Competitive video gaming is a serious business with lucrative rewards for those that are the most skilled. Seeking a way to finetune their gaming skills, Amine Issa and his cofounders founded Mobalytics, the gaming analytics platform for competitive gamers to master their trade through player development, strategy, and tracking. Issa shares some insight on the state of the esports industry, the company’s future plans, and recent round of funding from investors that include HP Tech Ventures, General Catalyst, GGV Capital, RRE Ventures, Axiomatic, and T1 Esports.
Witnessing the stress and worry severe food allergies caused young children and their parents, Daniel Zakowski founded Ready, Set, Food! a daily supplement that protects infants from developing peanut, egg, and milk allergies. The company just closed $3M in funding from Danone Manifesto Ventures, Mark Cuban, AF Ventures (formerly AccelFoods), and other investors. Zakowski shares more about how the company is making food allergies preventable, the company’s giving partnership with Cuban, and much more…
DMarket is an in-game item trading platform and a monetization technology for game developers, content creators, brands, and players. DMarket technology is an engine to power platforms and digital worlds, creating a virtual economy. CEO and Founder Vlad Panchenko shares more on how the company is using blockchain to make gaming profitable for brands, creators, players, and developers.