LA Tech news for the week ending 7/3 including the LA startup fundings, exits, and events including news for Elementary Robotics, Scalefast, and much, much more.
LATechTalk
The LA TechWatch June 2020 LA Venture Capital Funding Report
The 6 Largest LA Tech Startup Funding Rounds of June 2020
The LA Venture Capital News Digest: 7/1/20
The latest news from venture capital firms in LA for the second half of June 2020 including must-know news for Upfront Ventures, B Capital, Group, and much more
The LA TechWatch Startup Daily Funding Report: 7/1/2020
The latest venture capital, seed, pre-seed, and angel deals for LA startups for 7/1/2020 featuring funding details for Willa, Just Auto Insurance, and much more.
Scalefast Raises $22M to be the Shopify for Brands
The most common mistake brands make is believing that running an online store simply equals having an e-commerce platform. However, successful brands know that building, operating, and scaling a direct-to-consumer channel requires so much more than that. Multiple departments need to align with the right infrastructure, expertise, tools, and operations – something that, traditionally, retailers were bringing to the table, not brands. Scalefast is the all-in-one e-commerce solution that enables brands to launch, manage, and maintain their own direct-to-consumer platform. CEO Nicolas Stehle walks us through the company’s inspiration, traction, and funding round from investors that include FJ Labs, Xplorer Capital, Benhamou Global Ventures, Stereo Capital, and Adara Ventures
The LA TechWatch Startup Daily Funding Report: 6/30/2020
The latest venture capital, seed, pre-seed, and angel deals for LA startups for 6/30/2020 featuring funding details for Scalefast, Elementary Robotics, and much more.
LA Tech Week in Review: 6/21/20-6/27/20
Datch Raises $3.2M for its Voice Assistant Technology Platform for Industry
No more canary in a coal mine. Datch is the AI-powered voice assistant for the mining, manufacturing, and utility sectors. Mark Fosdike, a first-time founder and CEO of Datch, walks us through the practical application of Datch’s technology in industry, raising as a first-time founder in a new country, and the company’s recent funding round from investors that include Plug and Play Ventures, Stage Venture Partners, Acceleprise, Tuhua Ventures, and Predictive Venture Partners.
Outer Raises $4.3M to Bring Style and Sustainability to Outdoor Furniture
With COVID-19 spreading rapidly throughout the nation, summer travel plans have been halted and people are planning to spend more time at home and in their backyards. The demand for outdoor furniture, grills, and patio heaters is surging. Outer is an innovative direct-to-consumer outdoor furniture brand that’s meeting this demand. CEO and Cofounder Jiake Liu walks us through how the brand is adapting to the pandemic, the company’s plan to expand its line, and latest funding round from prominent LA investors and operators that include Mucker Capital, Wavemaker, George Ruan, Eddy Lu, Nick Green, Ariel Kaye, and Mark Geller.
UNest Raises Another $9M to Make 529s and College Savings Accessible to the Masses
While working at the largest 529 provider in the United States, Ksenia Yudina saw firsthand the inefficiencies with the process of setting up college savings plans. She launched UNest to make it more accessible for parents to start saving for college without complex paperwork and exorbitant cost. With UNest, parents can set up 529 plans in less than 5 minutes and it only costs $3M per month. Yudina shares more about the UNest’s mission, the company’s impressive growth, and recent funding round from investors that include Anthos Capital, Baron Davis, Northwestern Mutual Ventures, Artemis Fund, Draper Dragon, and Unlock Ventures.