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On Friday, we provided a glimpse into two obscure new startups: Delphi Interactive and Artema Labs, which operate in the red-hot realms of Web 3 and gaming, respectively. Both companies revealed multimillion-dollar funding rounds this month, but neither would comment publicly on their goals. Reporters Samson Amore and Keerthi Vedantam report on what we know about these ventures thus far.
Here’s what else we’re reading in the news:
- Electric truckmaker Nikola is showing off its hydrogen-fueled trucks by ferrying beer around this weekend’s Super Bowl.
- Elon Musk says the first orbital Starship flight could happen next month.
- McDonald’s is opening up new locations–in the metaverse.
- Amazon is easing its mask mandates, letting fully vaccinated employees go maskless on the factory floor.
The Santa Monica-based startup, which works with independent gaming studios to publish their video games, has raised nearly $17 million in funding.
Beyond a scarcely detailed website and several online job postings, little has been publicly disclosed about the company known as Artema Labs.
On this episode of Office Hours, AnnenbergTech’s Calvin Selth talks about his efforts to bring greater awareness and accountability to L.A. tech companies' stated diversity and inclusivity goals.
This week, in our regular feature highlighting venture capital funding news across SoCal: Sherman Oaks-based VC Morpheus Ventures raised $200 million. San Diego-based biotech company Endeavor BioMedicines raised $101 million.
In this week's roundup of job changes in L.A. tech,: Aerospace startup Universal Hydrogen has a new chief operating officer, vice president of people and interim chief financial officer. Meanwhile, United Talent Agency has named Paul Yoo as its senior vice president of ventures.