"Investor confidence is booming and beginning to outpace the supply of startups seeking fundraising."
Investors have been pouring money into tech companies at staggering levels, new data from PitchBook and the National Venture Capital Association show. In Los Angeles, more than 300 startups raised a total of $6.7 billion in the first quarter. Senior Reporter Ben Bergman breaks down the figures.
TikTok funds its first episodic public health series, 'VIRAL.'
Amazon will examine its employee review system after claims of racial bias.
Apple might have found someone to build the Apple Car.
Bird, Lime and VeoRide are selected for NYC e-scooter pilot.
Coinbase's public listing is a cryptocurrency coming-out party.
USC Games Expo will highlight 70 student games on May 15.
Q1 Data Show 2021 Is Off to a Blazing Start
It is a great time to be a founder, with soaring valuations and investors tripping over themselves to get a piece of startups. As hot as the startup scene was last year, it has gotten even hotter this year. Read more>>
Triller Makes Two Acquisitions and Gets a New CEO
The startup acquired Palo Alto-based AI chatbot Amplify.ai and live-stream events sports platform FITE. It is putting Amplify's CEO Mahi de Silva at the helm as it further expands its reach. Read more>>
SpaceX Raised $1.2B, Amended Filings Show
Elon Musk's SpaceX just secured another $314 million, bringing its most recent equity round to nearly $1.2 billion. The rush of funds comes as investors pour money into late-stage companies. Read more>>
Nominate a Startup for Our Upcoming Intersect LA Pitch Showcase!
We're looking for Southern California startups in the media, entertainment and gaming industries that have a product on the market and have raised less than $1 million in funding. We want your thoughts on the most promising, innovative, forward-thinking startups in these sectors to pitch at dot.LA's inaugural media summit.
Guest judges and advisors from the venture capital community will be announced soon. Contact Annie@dot.LA with any questions.
Apply to Attend dot.LA's 2021 'Intersect' Summit
From the heart of the convergence between tech, media and entertainment in Los Angeles, dot.LA is pleased to announce "Intersect," a first-of-its-kind summit convening this new super-sector, held live virtually on Wednesday April 28. Apply to attend!