Graphene Stands to Revolutionize Audio, but First It Has to Get Past Industry Inertia

Sam Blake

Sam primarily covers entertainment and media for dot.LA. Previously he was Marjorie Deane Fellow at The Economist, where he wrote for the business and finance sections of the print edition. He has also worked at the XPRIZE Foundation, U.S. Government Accountability Office, KCRW, and MLB Advanced Media (now Disney Streaming Services). He holds an MBA from UCLA Anderson, an MPP from UCLA Luskin and a BA in History from University of Michigan. Email him at samblake@dot.LA and find him on Twitter @hisamblake

Graphene Audio

When you put on headphones or listen to loudspeakers today, you are likely tapping into the same underlying technology that was invented in the late 19th century to convert electrical energy into sound.

That's not to say that audio technology isn't slimmer and sleeker, but there hasn't been nearly as much innovation as in video. That's at least the view of GraphAudio, a four-year old startup whose product is based on Nobel Prize-winning technology, which it hopes will bring about the next frontier in audio.

"We want to bring an audiophile experience to the mass market," said chief executive Ramesh Ramchandani, "and become the 'Intel Inside' of audio."


The headphones market has nearly doubled over the past two years. In 2019, Apple's Airpods yielded more revenue alone than Twitter, Snapchat and Spotify combined.

The Beverly Hills-based company is hoping to penetrate that market and capture a sizable chunk with tech that enables a superbly crisp listening experience, made from a miraculously efficient and effective material, which can ultimately be offered to end-consumers at a competitive price.

For 30 years, Ramchandani has worked in tech, primarily in semiconductors, first as a design engineer and later as head of several startups with successful exits. Along the way, he helped GoogleX set up its artificial intelligence strategy.

Two years ago, GraphAudio cofounders Fred Goldring, an L.A.-based entrepreneur, and materials scientist Lonnie Wilson, who'd previously worked out of the California Nanosystems Institute at UCLA, recruited him to lead the company.

Ramesh RamchandaniRamesh Ramchandani is the CEO of GraphAudio, a four-year old startup whose product is based on Nobel Prize-winning technology.

What convinced Ramchandani to saddle up was the opportunity to mass-market a new technology that vastly improves sound and could be used in everything from smartphones to televisions.

The company has perpetual, exclusive licenses to several patents developed out of the Lawrence Berkeley National Laboratory for audio components made from graphene, and $4 million in seed funding from investors including will.i.am and Herbie Hancock.

But so far GraphAudio can produce only a few hundred units per month of its technology out of its lab in Austin. That's because its process to manufacture at scale, which uses a technique called chemical vapor deposition, requires a more robust facility, and the company has yet to sign on a big-name customer. It also needs to shrink its brick-sized prototype amplifier, which provides the extra voltage needed by its electrostatic speaker system, to the size of a microchip.

Ramchandani thinks the company can smoothly overcome these engineering challenges and enable its technology components to fit into the headphones, televisions and smartphones of the customers GraphAudio is targeting. And he's chasing that vision so that he can bring to a mass market what he sees as the gold standard of audio, at or below prices that consumers already pay. But what he really needs to do is sell his technology to the companies that make those products.

GraphAudio's Challenges Ahead

Graphene audioassets.rebelmouse.io

Ramchandani said he is in "active discussions" with at least two companies, though would not say which ones specifically, citing non-disclosure agreements. But he said the companies were equivalent in size and stature to players such as Sony, Sennheiser, Samsung or Bose.

Jim Rondinelli, an audio expert and chief operating officer of audio-tech company Immersion Networks, sees a compelling case for GraphAudio to make to its target customers.

For an ideal loudspeaker or headphone, he said, "there's no better material than graphene."

For example, whereas Apple's earbuds convert only about 8% of their power source into sound, GraphAudio's transducer converts 99%. That's according to Alex Zettl, a physicist whose work formed the basis of the company's technology and who now sits on its advisory board. Those efficiency gains have several knock-on effects, such as improving battery life and reducing the amount of heat that gets dissipated across devices, which can damage other components.

But companies like Apple that are already succeeding in the audio market may be disinclined to change what they are doing. Rondinelli said, for instance, that Apple may have "some resistance to change because they already carry a lot of power and negotiating leverage."

Other companies prefer to stick to technologies they develop. A representative from Sennheiser, a German audio hardware company, said it continuously evaluates new technologies to improve listener experience. "However, as an audio specialist with a 75-year heritage, we utilize proprietary transducers for the majority of our headphones."

Is Graphene the Next Big Thing in Audio?

The key to delivering any sound to a listener's ear through speakers or headphones is a transducer: the basic technology that converts electrical energy into sound. It makes beats thump and voices soar.

In 2016, GraphAudio acquired an exclusive license from the University of California, Berkeley's Lawrence Berkeley National Laboratory to monetize patents that describe a transducer made out of graphene: an ultra-lightweight, stronger-than-diamonds carbon-based material that in its purest form is the only two-dimensional material on Earth.

Those patents were filed on the heels of a landmark paper written by UC-Berkeley physicists Zettl and Qin Zhou, which highlighted graphene's unique usefulness as a transducer for an electrostatic speaker.

Wilson, who would go on to co-found GraphAudio and is now its chief technology officer, had long been interested in graphene by the time that paper was published. The remarkable material had existed mainly as an intriguing theoretical concept until Andre Geim and Konstantin Novoselov won a Nobel Prize for their experimental work on graphene in 2010.

"I was looking for the next big thing and I really thought graphene, although it had been out there and they'd been trying to find a good application for it, was looking for a good home," Wilson said. "What really caught my eye was this graphene work that Zettl was working on up at Berkeley."

Competition for Graphene Speakers

GraphAudio's biggest competitor so far is Montreal-based ORA Graphene Audio. The company develops graphene-based speaker and headphone components, and has earned some revenue through joint-development partnerships with brands it describes as "well known."

ORA has sold headphones directly to consumers through a Kickstarter campaign, but ran into some production delays along the way. It is now only pursuing a B2B strategy, like GraphAudio.

The two companies' products are not identical. GraphAudio uses stacked layers of 100% pure graphene. By contrast, ORA's "graphene oxide" includes oxygen, in addition to what co-founder Ari Pinkas called a "magic formula" of materials that enable ORA to mold its components into a variety of shapes depending on its customers' needs.

That difference matters, Pinkas said, because at this point graphene oxide is easier to produce at high volumes. Novoselov, the Nobel Prize winner, has praised the company for offering "one of the first consumer products to feature a high-content graphene technology."

Another key difference between ORA and GraphAudio is that ORA does not rely on an electrostatic speaker design but rather the more common electrodynamic coil (see below section). Pinkas said this has helped his company forge partnerships with brands that are testing the product.

GraphAudio's transducer, however, can dual-function as a highly sensitive microphone – for which the company also holds a patent. That could help Ramchandani's sales pitch, as reducing the number of parts in a consumer device by combining a speaker and microphone would open up valuable real estate on those devices.

This microphone capability is key to GraphAudio's longer-term plans. Since it can detect frequencies beyond the normal range of human perception – it has registered ultrasonic wild bat calls, for instance – it holds potential for applications well beyond consumer audio. Wilson noted that autonomous cars could use it to communicate with each other, and that it could also be used for medical and military purposes, among others.

So, while Ramchandani, Wilson and team have a product with plenty of promise, there's still a long road ahead.

"We're on the 1-yard line in terms of our development cycle," Ramchandani said.

Still, he expects his company will advance down the field rather quickly, predicting that products with GraphAudio inside will be available to consumers by 2022. A big payout could await.

"We recognize we have challenges," Goldring said, "but we see ourselves disrupting audio in much the same way flatscreens revolutionized video."

If GraphAudio overcomes its hurdles, Rondinelli concurs. "It's easy to imagine a scenario where these guys are shipping hundreds of millions of devices," he said.

How an Electrostatic Speaker Works

The more common dynamic speaker system compared to an electrostatic system, in this case with a graphene membrane

The most popular way to transduce electricity into sound has long been the dynamic coil speaker. It works by using a coil of wire and a magnetic current to nudge a magnet that physically pushes air through an open chamber, usually shaped like a cone; this creates vibrations that ultimately move the tiny hairs inside our ears, which our brains perceive as sound.

Electrostatic speakers work differently. Rather than using a transducer that relies on a magnetic field, coil and chamber to propel sound waves, they use an electric field to vibrate a round, flat and super-thin membrane which emits the pressure waves that we hear as sound.

Though still relatively rare, their development accelerated with World War II-era materials advances. Today the super-thin membrane is most commonly made from mylar, a type of plastic. MartinLogan sells electrostatic loudspeakers and Stax has a headphone version.

The speakers are typically more efficient at converting electrical energy into high-quality sound and tend to be more resistant to the deterioration that causes sound distortion.

But bass notes aren't traditionally as rich on electrostatic speakers, and they require relatively high levels of power. That usually means users must also buy an external amplifier, making them more expensive. GraphAudio believes that by replacing mylar with graphene, however, and pairing it with an amplifier that fits inside consumer hardware, it can overcome the shortcomings of electrostatics and make them ubiquitous, while improving battery life and even speeding up manufacturing.

---

Sam Blake primarily covers media and entertainment for dot.LA. Find him on Twitter @hisamblake and email him at samblake@dot.LA

https://twitter.com/hisamblake
samblake@dot.la
Arc’s $50M Push Into Commercial Maritime

🔦 Spotlight

Hey LA,

As the city pushes through a record-breaking March heat wave, one of the week’s most interesting LA startup stories came with a reminder that climate tech gets a lot more real when it leaves the pitch deck and hits the water. In Arc’s case, that means tugboats.

LA based Arc, founded in 2021 by a team of SpaceX alumni, announced a $50M Series C this week, led by Eclipse, a16z, Menlo Ventures, Lowercarbon, Necessary Ventures, and Offline Ventures, as it pushes deeper into commercial maritime. The raise follows Arc’s $160M contract with Curtin Maritime to deliver eight hybrid-electric tugboats beginning at the Port of Los Angeles, with the first expected to hit the water this year.

Imsage Source: Arc

That feels notable not just because of the funding, but because it marks a clear evolution in Arc’s business. What started as a premium electric boat company is now making a serious push into the industrial side of maritime transportation, with ambitions spanning tugboats, ferries, and defense vessels.

There is also something fitting about this story happening in Los Angeles. This is a city known for spectacle, but Arc is building in a category where performance actually has to perform. No amount of branding can fake a working tugboat, and that is exactly why this moment feels worth paying attention to.

Now, onto this week’s LA venture deals, fund announcements and acquisitions.

🤝 Venture Deals

      LA Companies

      • Talino closed a $7.5M Series A led by Chemonics International, with participation from Mt Sinai Capital and Gulf Blvd, as it shifts from a venture studio into what it calls a global fintech foundry. The company said the new funding will help build an API-first cross-border payments infrastructure layer connecting the U.S. with emerging markets, starting with the Philippines, where it is targeting faster, more compliant financial product launches and modernizing legacy rails with stablecoin and real-time payment capabilities. - learn more
      • PADO AI raised a $6M seed round led by NovaWave Capital to expand its AI-powered orchestration software for mid-market colocation data centers. The company said the funding will support product delivery and global growth as it helps operators better manage power, compute, cooling, and distributed energy resources to increase GPU utilization and maximize “compute per megawatt” without requiring major new infrastructure buildouts. - learn more
      • Meadow Memorials raised a $9M Series A led by Lachy Groom and Haystack to expand its software-enabled funeral planning platform, which lets families arrange services online or by phone. Founded in 2024 by former Stripe executive Sam Gerstenzang and Emma Gilsanz, the company says it is using a real-estate-light model to offer lower-cost funerals as it expands beyond California into states including Texas, Washington, and Arizona. - learn more

                      LA Venture Funds

                      • Anthos Capital participated in Bluesky’s $100M Series B, which was led by Bain Capital Crypto and also included Alumni Ventures, Bloomberg Beta, Knight Foundation, and True Ventures. The company said the round gave it the resources to scale both the Bluesky app and the broader AT Protocol ecosystem, which it says has grown to more than 43 million users and now supports a fast-expanding network of third-party apps and developers. - learn more
                      • Navigate Ventures participated in VerbaFlo’s oversubscribed $7M seed round, which was led by Pi Labs and also included Haatch and Old College Capital. VerbaFlo said it plans to use the funding to scale its conversational AI platform for real estate operators, building on traction across more than 200,000 units and expanding further into markets including the U.S., Middle East, and Australia. - learn more
                      • March Capital participated in Xage Security’s $15M equity financing round, which was led by Piva Capital as the company posted 81% year-over-year revenue growth and expanded its Zero Trust platform for AI and critical infrastructure. Xage said the funding, which closed in December 2025, will support go-to-market expansion and continued product innovation, including new AI security capabilities, as demand grows across sectors such as energy, manufacturing, utilities, transportation, and defense. - learn more
                      • B Capital led Knox Systems’ $25M Series A, backing the company’s push to scale what it says is the largest AI-managed federal cloud and dramatically shorten the FedRAMP authorization process for software vendors. Knox said the new funding will help accelerate growth after its June 2025 seed round, with the goal of helping customers achieve FedRAMP authorization in as little as 90 days at roughly 90% lower first-year cost, while expanding adoption across both government and commercial environments. - learn more
                      • WndrCo participated in Tenkara’s $7M round, which was led by True Ventures as the company builds AI-powered operations agents for American manufacturers. Tenkara said it is creating tooling to help factories handle sourcing and operational work more efficiently at a time of rising supply-chain pressure, with backing from a broader investor group that also included Articulate Capital, Night Capital, HF0, SF1, and Transpose Platform. - learn more
                      • Aurora Capital participated in Niv-AI’s $12M seed round, backing the startup alongside Glilot Capital, Grove Ventures, Arc VC, Encoded VC, and Leap Forward as it emerged from stealth. Niv-AI is building sensors and software to measure millisecond-scale GPU power surges and help data centers use electricity more efficiently, with plans to deploy its system in a handful of U.S. facilities within the next six to eight months. - learn more
                      • Clocktower Technology Ventures participated in Fuse’s $25M Series A, which TechCrunch reported was led by Footwork, Primary Venture Partners, NextView Ventures, and Commerce Ventures, with Fuse also naming Clocktower Ventures among its backers. The company said it plans to use the funding to expand its AI-native loan origination and account opening platform for credit unions, building on traction with more than 100 customers and a $5M “rescue fund” aimed at helping institutions switch off legacy systems. - learn more
                      • Kairos Ventures participated in Alomana’s €4M seed round, which was led by CDP Venture Capital and also included Founders Factory, Italian Angels for Growth, Club degli Investitori, and others. Alomana said it will use the funding to strengthen its enterprise AI platform, add more capabilities for autonomous workflow automation, and support larger deployments across Europe as demand grows in sectors like finance, manufacturing, and pharma. - learn more

                                        LA Exits

                                        • Optimal’s Entertainment Media division is being acquired by Capstone Point Holdings, with the business set to operate under its legacy name, Optimad Media, following the deal. The transaction keeps founder Kevin Weisberg in place to lead the company from Los Angeles, while giving Optimad more backing to expand its entertainment media planning, buying, and prints-and-advertising investment capabilities across theatrical, streaming, and broadcast campaigns. - learn more

                                                                  Download the dot.LA App

                                                                  Inside Tinder’s Biggest Product Shift in Years

                                                                  🔦 Spotlight

                                                                  Hello Los Angeles,

                                                                  Despite headlines about swipe fatigue and dating app burnout, Tinder believes the problem isn’t that people are tired of dating. They’re tired of bad dating experiences.

                                                                  So it felt fitting that Tinder chose the El Rey Theatre in Los Angeles, a venue known for reinvention, to make its case that the category is far from over.

                                                                  Walking into the El Rey, it was clear Tinder wanted this to feel less like a tech launch and more like a cultural moment. Music was bumping, the room buzzed with chatter and excited energy, red light beams cut through the room, and chandeliers glowed overhead.

                                                                  At Tinder Sparks 2026: Start Something New, Match Group and Tinder CEO Spencer Rascoff took the stage to outline what the company calls the biggest evolution of the app in years. Tinder remains the largest dating app in the world, used by tens of millions of people across more than 185 countries and responsible for billions of matches every year.

                                                                  Match Group and Tinder CEO Spencer Rascoff

                                                                  Rascoff framed the shift around a broader cultural reality. In a world where people increasingly interact with machines, technology and AI, the need for real human connection has not gone away. If anything, Tinder believes it has only grown stronger.

                                                                  To respond to that shift, Tinder says it’s focusing on what it calls “sparks,” the moments when a match actually turns into a real conversation.

                                                                  As Rascoff put it on stage:

                                                                  “We are not optimizing for swipes or likes. We are optimizing for sparks.”

                                                                  That philosophy is shaping a wave of new features discussed throughout the keynote by Tinder’s leadership team, including Mark Kantor, SVP and Head of Product, Yoel Roth, SVP of Trust & Safety, and product leaders Claire Watanabe and Hillary Paine.

                                                                  Image Source: Tinder

                                                                  Among the updates are Music Mode, which lets users connect through shared songs and artists, and a new Astrology Mode that highlights compatibility between zodiac signs. Tinder is also leaning further into social dating with Double Date, a feature that lets friends match with other pairs together. The feature is already gaining traction with Gen Z users, reflecting a broader shift toward more social and lower-pressure ways to meet people.

                                                                  Image Source: Tinder

                                                                  Tinder is also redesigning profiles to help users express more personality. New tools can surface stronger photos from a user’s camera roll, improve lighting, and highlight interests more visually, while integrations with platforms like Spotify, Duolingo and the restaurant app Belly bring more of a person’s real life into their profile.

                                                                  Image Source: Tinder

                                                                  But the most interesting experiment might be happening right here in LA. Tinder is launching IRL Events in the city, letting users browse and RSVP to real-world meetups directly through the app. Think coffee shop raves, trivia nights and pickleball tournaments. The idea is simple. Dating works better when it feels like a social activity instead of an interview.

                                                                  Image Source: Tinder

                                                                  Under the hood, Tinder is also leaning more heavily on AI to improve recommendations. New tools like Learning Mode and Chemistry aim to better understand what users are actually looking for and surface stronger matches faster. At the same time, the company is investing heavily in safety, expanding Face Check, a facial verification system designed to reduce bots and impersonation accounts.

                                                                  Closing out the presentation, Melissa Hobley, Tinder’s Chief Marketing Officer, zoomed out from the product roadmap to the brand’s cultural footprint, noting that Tinder is mentioned in billions of TikTok videos and has become shorthand for how younger generations talk about dating.

                                                                  Taken together, the updates represent Tinder’s most significant evolution in years. And judging by the energy inside the El Rey this week, the company believes the next chapter of dating will be more social, more expressive and more intentional. It’s a shift being shaped right here in Los Angeles, and one that could redefine how the next generation meets.

                                                                  Now onto this week’s LA venture deals, fund announcements and acquisitions.


                                                                  🤝 Venture Deals

                                                                      LA Companies

                                                                      • Hurray’s GIRL BEER raised a $5M seed round led by Lakehouse Ventures, with participation from Spice Capital plus CPG insiders and entertainment executives, as it accelerates national expansion. The LA-based flavored light beer brand says it has already landed retail placements at Walmart, Kroger, Albertsons, and Whole Foods, and plans to use the new capital to deepen distribution, enter new markets, and ramp up marketing, alongside a rollout of seven new flavors. - learn more
                                                                      • Freestyle closed a $10M Series A led by Silas Capital, with significant participation from ECP Growth. The company also noted continued backing from existing investors including Mucker Capital, Adapt Ventures, and Superangel, as it scales its premium diapers and wipes business following nationwide launches at Walmart and Target. - learn more
                                                                      • MAX BioPharma announced a new investment and partnership with Technomark Life Sciences to advance Oxy210, its oxysterol-based, orally available drug candidate for MASH. Technomark is joining as a strategic lead investor by participating in MAX BioPharma’s $13M Series A to fund a Phase 1a/1b first-in-human study, and the companies say the collaboration will pair MAX’s therapeutic platform with Technomark’s drug development experience. - learn more

                                                                                      LA Venture Funds

                                                                                      • B Capital participated in ORO Labs’ $100M Series C, which was led by Brighton Park Capital and Growth Equity at Goldman Sachs Alternatives, as the company pushes deeper into what it calls agentic procurement orchestration. ORO said the new funding follows 300% revenue growth over the past year and will be used to speed up product development, expand go-to-market and customer teams globally, and broaden enterprise use cases across procurement, finance, legal, and supply chain workflows. - learn more
                                                                                      • Aliment Capital participated in Tropic’s oversubscribed $105M Series C, which was co-led by Forbion’s Bioeconomy Fund and Corteva as the company scales the commercial rollout of its gene-edited tropical crops. Tropic said the funding will help expand production of its banana portfolio, accelerate its banana and rice pipelines, and support entry into additional climate-resilient crops, following the 2025 launch of its first new banana varieties in more than 75 years and demand that is already outpacing supply. - learn more
                                                                                      • B Capital doubled down in Axiom’s $200M Series A, which valued the company at more than $1.6 billion and was led by Menlo Ventures. Axiom said the new funding will help it extend its lead from formal mathematics into what it calls “Verified AI,” with plans to apply its technology beyond mathematical discovery into software and hardware verification. - learn more
                                                                                      • WndrCo participated in Quince’s $500M Series E, a round led by ICONIQ that values the manufacturer-to-consumer retail platform at $10.1B post-money. Quince says it will use the fresh capital to accelerate growth and global expansion of its proprietary M2C operating system, which uses AI-driven demand forecasting and direct factory partnerships to cut traditional retail markups. Other investors in the round included Basis Set Ventures, Wellington Management, MarcyPen Capital Partners, Baillie Gifford, Notable Capital, and DST Global. - learn more
                                                                                      • Matter Venture Partners co-led Eridu’s oversubscribed Series A, part of $200M+ raised as the AI networking startup emerges from stealth to tackle what it calls the “network wall” bottleneck in AI data centers. - learn more
                                                                                      • Matter Venture Partners participated in Rhoda AI’s $450M Series A, backing the startup as it comes out of 18 months in stealth with FutureVision, a video-predictive control platform aimed at helping robots operate reliably in messy, real-world industrial environments. The round included a large syndicate of investors, including Capricorn Investment Group, Khosla Ventures, Leitmotif, Mayfield, Premji Invest, Prelude Ventures, Temasek, Xora, and John Doerr, and the company says the funding will accelerate development and industrial deployments. - learn more
                                                                                      • Halogen Ventures participated in Rasa Legal’s $5M late-seed round, backing the company’s push to scale its tech-enabled criminal record sealing and expungement service nationwide. The round was led by Rethink Education with participation from Social Finance and the Richard King Mellon Foundation, and Rasa says the funding will help it expand leadership, speed product development, and grow beyond its current footprint (Utah, Arizona, and Pennsylvania). - learn more
                                                                                      • Halogen Ventures participated in Nyad’s $1.3M oversubscribed pre-seed round, backing the Birmingham-based startup as it launches an AI decision-support tool for wastewater treatment operators. The round was led by Boost VC with participation from Draper Associates, Ollin Ventures, Apprentis, First Avenue Ventures, and strategic angel Troy Wallwork, and Nyad says it will use the funding to hire, grow customers, and keep building the product as retirements thin the wastewater workforce. - learn more
                                                                                      • MANTIS VC participated in Scanner’s $22M Series A, which was led by Sequoia Capital and also included CRV, as the company builds a high-speed security data layer for AI-driven threat investigation. Scanner said the funding comes as security teams at companies like Notion, Ramp, and BeyondTrust use its platform to search years of log data quickly and power agentic workflows that help hunt threats, triage alerts, and investigate incidents more efficiently. - learn more
                                                                                      • Chapter One participated in Zcash Open Development Lab’s $25M+ seed round, joining a syndicate that included Paradigm, a16z crypto, Winklevoss Capital, Coinbase Ventures, Cypherpunk Technologies, and Maelstrom. The new company, formed by former Electric Coin Company team members, said the funding will support continued development of privacy-focused infrastructure for the Zcash ecosystem, including its self-custodial wallet and broader shielded payments tooling. - learn more
                                                                                      • CIV participated in Isembard’s $50M Series A, which was led by Union Square Ventures and also included Tamarack Global, IQ Capital, and existing backer Notion Capital. Isembard said the new funding will help it open 25 AI-powered factories by the end of 2026, expand its engineering team, and enter Germany, France, and Ukraine as it scales software-driven component manufacturing for aerospace and defense customers. - learn more
                                                                                      • WndrCo participated in Crafting’s $5.5M seed round, which was led by Mischief as the startup launched general availability for Crafting for Agents. The company said the new capital will support its push to become core infrastructure for AI-driven engineering teams, giving agents secure access to production-like environments so they can validate, test, and ship code inside complex enterprise systems used by customers including Brex, Faire, and Webflow. - learn more

                                                                                                        LA Exits

                                                                                                        • Hireguide has been acquired by HireVue, which is buying Hireguide’s underlying technology and bringing the Hireguide team into HireVue’s product org. HireVue says the deal accelerates its agentic AI roadmap, starting with a voice-based AI interviewer designed to help employers qualify candidates earlier and run smarter, more conversational hiring workflows. - learn more
                                                                                                        • Ultracor has been acquired by Applied Aerospace & Defense, bringing the California-based maker of specialized honeycomb core materials into Applied’s advanced composites platform. Applied says the deal supports its selective vertical integration strategy by strengthening supply chain control and boosting speed and capacity for space and defense programs, from satellites and missiles to antennas, radomes, and next-gen aircraft. - learn more

                                                                                                                                  Download the dot.LA App

                                                                                                                                  Montgomery Summit Is Back at the Fairmont Miramar

                                                                                                                                  🔦 Spotlight

                                                                                                                                  Hey Los Angeles,

                                                                                                                                  If you’re looking to stack your March with the right rooms and the right people, The Montgomery Summit, presented by March Capital, is coming back to Santa Monica (March 10–11, 2026) at the Fairmont Miramar. It’s been running since 2004, founded by March Capital co-founder Jamie Montgomery, and it consistently draws a tight mix of founders, investors, and execs who show up to have real conversations, not just do the conference lap.

                                                                                                                                  This year’s program is shaping up to be a big one: 1,200+ attendees, 180+ speakers, and CEOs from 120+ carefully selected private tech companies. In other words, if you want early looks at breakout companies and the context you can’t get from a headline scroll, this is one of LA’s most high-signal two-day events.

                                                                                                                                  What I like about Montgomery is the vibe. It’s less “conference chaos” and more “high-signal collisions,” with structured ways to connect, including 1:1 meeting scheduling through the Summit app for eligible attendees. The agenda doesn’t stop when the panels do, there’s a Getty Villa reception and a closing reception, so the Summit keeps moving well past the main stage hours.

                                                                                                                                  It’s invitation-only, but you can request an invitation here.

                                                                                                                                  Keep scrolling for the latest LA venture rounds, fund news and acquisitions.


                                                                                                                                  🤝 Venture Deals

                                                                                                                                      LA Companies

                                                                                                                                      • Vast secured $500M in new financing, made up of $300M in Series A equity and $200M in debt, to accelerate production of its Haven commercial space stations and expand its facilities and team. The round was led by Balerion Space Ventures with participation from IQT, Qatar Investment Authority, Mitsui & Co., MUFG, Nikon, Stellar Ventures, Space Capital, Earthrise Ventures, and founder/first investor Jed McCaleb, as Vast pushes toward Haven-1 and its longer-term successor vision. - learn more
                                                                                                                                      • PartsPulse has raised $3M from UP.Partners and used the momentum to officially launch its unified AI platform at CONEXPO in Las Vegas. The startup says its “command center” combines inventory planning, pricing optimization, and sales intelligence into one system for OEMs, dealers, and fleet managers, and it was built with UP.Labs and co-developed with Wabash to help parts businesses spot revenue opportunities and stock the right parts at the right time. - learn more
                                                                                                                                      • Procode AI launched out of stealth with $4M in venture funding and acquired The Auctus Group, a major revenue cycle management (RCM) firm that bills for 300+ plastic surgery and dermatology providers. The company says the combination will bring AI into private-practice surgical billing, using its “Coding Copilot” to translate operative reports into billing codes faster and reduce denials, while Auctus continues operating under CEO John Gwin. - learn more
                                                                                                                                      • Smack has raised $32M across Seed and Series A to scale what it calls the first “frontier AI lab” built specifically for national security, after landing contracts with multiple branches of the U.S. military in 2025. The Series A was led by Geodesic Capital and Costanoa Ventures, with participation from Point72 Ventures, Felicis, First In, Scribble Ventures, Bloomberg Beta, Washington Harbour Partners, Palumni VC, Fulcrum Venture Group, Anomaly Fund, and Fortitude Ventures. - learn more

                                                                                                                                                      LA Venture Funds

                                                                                                                                                      • BOLD Capital Partners participated in KeyCare’s $27.4M financing round, backing the Epic-native virtual care company as it scales an AI-enabled model designed to extend health systems’ capacity with 24/7 virtual urgent, preventive, chronic, and virtual-first primary care. The round was led by HealthX Ventures and also included 8VC, LRVHealth, and Ikigai Venture Partners, plus strategic investors such as WellSpan Health, Allina Health, University of Chicago Ventures, Edge Ventures, and Exact Sciences, bringing KeyCare’s total funding to $55M+. - learn more
                                                                                                                                                      • Fifth Wall led RenoFi’s $22M Series B, backing the Philadelphia startup’s push to make renovation financing simpler through an AI-enabled platform that underwrites loans based on a home’s after-renovation value. The round also included meaningful participation from Progressive Insurance and additional support from investors such as HighSage Ventures, Alumni Ventures, Flintlock Capital, and Gaingels, plus continued backing from Canaan, First Round Capital, Curql, TruStage Ventures, and several credit union partners. - learn more
                                                                                                                                                      • B Capital co-led Bounce’s $5M internal round alongside existing backers Accel and Qualcomm Ventures, extending fresh capital without bringing in new investors. Bounce founder Vivekananda Hallekere told The Economic Times the round underscores continued support from its current investors as the electric mobility startup pushes forward in the EV space. - learn more

                                                                                                                                                                      LA Exits

                                                                                                                                                                      • Silent House Group has been acquired by concert staging and live-experiences giant TAIT, formalizing a long-running partnership between the two companies. The deal pairs Silent House’s LA-born creative and production chops, behind major tours and live experiences including Taylor Swift’s The Eras Tour and Kendrick Lamar’s Grand National Tour, with TAIT’s engineering, staging, and global delivery capabilities to build touring, experiential, and broadcast productions at any scale. - learn more

                                                                                                                                                                                                Download the dot.LA App

                                                                                                                                                                                                RELATEDEDITOR'S PICKS
                                                                                                                                                                                                Trending