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Ian Hurley
Netflix and Snap Inc. released their quarterly earnings. Seed raised $40 million. LiveXLive partnered with the L.A. gamers of Queens Gaming Collective, and we released our new survey of Los Angeles female founders to watch. Here's a look at this week's top L.A. tech and startup stories:
LA's Female Founders to Watch
From helping save beehives to healing the human body, some of L.A.'s most innovative companies are helmed by female founders. Who stands above the pack? We asked the region's top VCs to weigh in.
Moving Analytics Sees Telehealth Making a Dent in Heart Disease
More than six million Americans suffer from heart disease, and in-person cardiac rehab is plagued by poor attendance. Moving Analytics is aiming to change that by providing accessible telehealth options for treatment. And they just nabbed $6 million in seed funding to do it.
Netflix Sees YouTube, Not Disney, as Its Biggest Threat
Netflix has never been better off financially—it's set to break even in 2021. But its subscriber numbers have been slowing. Can it keep up its furious pace as its staggering debt comes due? Reporter Sam Blake looked at this week's earnings report for clues.
A New Approach to Women’s Health Care Lands in Silver Lake
New York startup Tia is aiming to redesign women's health care. It opened its first West Coast clinic this week, putting gynecology, primary care, acupuncture and mental health appointments all under one roof.
Concert Streamer LiveXLive Gets Into Gaming
Beverly Hills-based Livestreaming platform LiveXLive found success during the pandemic with its virtual concerts. Now, they're jumping in to the gaming industry, partnering with Queens Gaming Collective, a consortium of women gamers.
Startup of the Week: Seed
Known for its popular Goop-approved daily probiotic "Daily Synbiotic," Venice-based Seed Health closed a $40 million Series A round this week that it will use to ramp up clinical research and launch new skin care products later this year.
Getting Hydrogen Planes Off the Ground Quickly
Hawthorne-based Universal Hydrogen is planning to retrofit hydrogen power into aircraft aiming to get commercial flights powered by renewable energy in four years. This week, it announced a $20.5 million raise to help it get there.
Weekly Graphic: Snap's Quarterly User Growth
Snap reported this week that its daily active user count grew to 280 million, up 22% year-over-year. What could it mean for the company's quest to reach profitability? Reporter Sam Blake looked at how it's growing the adoption of augmented reality and its own creative community to reimagine how advertising is done online.
Our Intersect Summit Kicks Off Wednesday
"Intersect," a first-of-its-kind summit covering the tech and entertainment super-sector, will be held live virtually on Wednesday April 28. Hear from a diverse group of leaders -- including top executives, entrepreneurs, and investors -- share ideas and perspectives on this new frontier. This is a can't-miss event. Register here!
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