This Week in ‘Raises’: Amplifica Lands $11.8M, Time BioVentures Secure $100M
Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.
Biopharmaceuticals firm Amplifica raised fresh funding to enable clinical development of its hair loss products. Venture capital firm TimeBio Ventures closed its first fund and has already invested in Elon Musk's brain-computer interface start-up,Kling Biotherapeutics and Neuralink.
Venture Capital
Amplifica, a San Diego-based biopharmaceuticals firm developing treatments for androgenic alopecia (hair loss), raised $11.8 million in a Series A funding round led by SternAegis Ventures.
Los Angeles-based co-parenting fintech platform Onward raised $9.7 million in Series A funding led by TTV Capital.
Apex Space, a Culver City-based spacecraft manufacturer, raised a $7.5 million seed funding round led by Andreessen Horowitz.
San Diego-based healthcare automation solutions platform Shadowbox raised $6 million Series A financing with Baleon Capital.
Funds
Time BioVentures, a venture capital firm based in Los Angeles closed its first fund of $100 million to finance game-changing innovations in medicine.
According to an SEC filing, El Segundo-based investment firm Griffin Capital raised $4.9 million for its third fund.
Raises is dot.LA’s weekly feature highlighting venture capital funding news across Southern California’s tech and startup ecosystem. Please send fundraising news to Decerry Donato (decerrydonato@dot.la).
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Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.