Rock the Bells President James Cuthbert on Building Hip Hop's Legacy

Sarah Favot

Favot is an award-winning journalist and adjunct instructor at USC's Annenberg School for Communication and Journalism. She previously was an investigative and data reporter at national education news site The 74 and local news site LA School Report. She's also worked at the Los Angeles Daily News. She was a Livingston Award finalist in 2011 and holds a Master's degree in journalism from Boston University and BA from the University of Windsor in Ontario, Canada.

James Cuthbert
Image courtesy of Rock the Bells

More than 30 years ago, a young LL Cool J debuted the first single off his "Rock The Bells" album.

At the time, hip hop was still a new cultural force, and few young rappers were thinking about preserving its traditions. Now, many of those who helped build the global culture are gone – from the Wu Tang Clan's Ol' Dirty Bastard to Tribe Called Quest's Phife Dawg to, most recently, Shock G – and LL Cool J is trying to build a brand for classic hip hop, one that pays back some of its artists.

Named Rock The Bells after the song of the same name, the Los Angeles-based company sees itself as a content and commerce brand dedicated to the OG's of hip hop, some of whom have an ownership stake in the company.


Its website offers a curated mix of classic hip hop merchandise like Kangol bucket hats, Timberland boots and Gucci and Louis Vuitton accessories, as well as stories and video content. The brand also includes a SiriusXM Radio channel, which launched in 2018.

Former BET and Coca Cola executive James Cuthbert sits at its helm, helping LL Cool J steer the company.

The startup recently raised $8 million through a recent Series A funding round led by Raine Ventures. Cuthbert has big plans for that new cash infusion including a documentary series and live experiences, even a Rock The Bells music festival.

Cuthbert, 39, joined Rock The Bells in October, leaving his job as senior vice president of brand strategy and marketing at BET. He sat down with dot.LA to discuss his role, the new funding, Rock The Bells' mission and how it is uplifting classic hip hop artists for those who grew up with their music as well as those just discovering it.

One thing that LL Cool J has said is that Rock The Bells was intended to uplift classic hip hop artists, many who didn't make the money off their music that some feel they should have. Big Daddy Kane, Run DMC, Eric B, Salt-N-Pepa, Fab 5 Freddy, Risk, Crazy Legs, Roxanne Shanté and Jonathan Mannion all have ownership in the Rock The Bells brand. How does that change what you do and how you carry out your mission?

JC: If you think about it, we're the only brand that's literally owned and operated by a culture that they created. Hip hop evolved to be, literally, the biggest influence on global popular culture. We want to call ourselves the preeminent brand of classic and timeless hip hop and really build the bridges from today to tomorrow. By having these icons that own part of Rock The Bells, not only does that allow us to honor them, but more importantly that allows us to make sure that we shepherd this culture forward in the most authentic way.

Why is it important to honor the OGs of hip hop?

JC: They built what we stood upon. Cultures that survive and thrive and continue and push forward are the ones that continue to tell the stories and have the mythology that it sits under. When you lose your past you can be destined to become defined by what's happening now. When I think about honoring the past, there's an opportunity for us to really just carry the torch, but most importantly ensure that this culture continues to thrive.

It's no different than any other genre you think about, like films. If you only looked at the films that came out in the last three years and said, "hey man I want to make movies now." Or should you go back and say "hey I'm gonna go all the way back and look at what John Singleton or Hitchcock are like, and I want to look at some of these others"? This is a whole level of creativity. There's value in what's happened in the past and the creativity of what was done. And I think it's easy to see that in almost every other facet of our life and hip hop culture is no different.

You talked about honoring the past and then carrying the mission into tomorrow. What are some of the things you've learned that are important to what people are doing today?

JC: One of the things we've learned is this idea of building bridges. This is not just about honoring the past. This is about connecting the culture to the future. So we talk about this idea of sparking intergenerational conversations between fathers and sons, mothers and daughters, where they can speak about the elements of hip hop, what music they like and how that connects to today or even fashion, we think about different retro trends that allow people to connect. There are these natural cultural connections and bridges. Hip hop didn't start because a bunch of people said, "let's make some money and let's come up with a business model". It started to give a voice to the voiceless. It was born out of: "I have a voice, I have something to say and I want to share it with the world."

James Cuthbert

Rock the Bells President James Cuthbert

Image courtesy of Rock the Bells

What are you going to be doing with the new funding?

JC: A lot of what we'll be spending the money on is building out a world-class team that can work across all three pillars. The way that we think about marketing is content, commerce and experiences. The future of content is commerce, the future of commerce is content. Those two are integrated. When you do an experience, of course there's going to be a commerce element. And if you do an experience, you should be creating content, maybe a documentary around it.

How are you expanding your direct-to-consumer business?

JC: From a content perspective, you're going to start seeing custom content being created. You'll see episodic content that ties back to classic hip hop. We're going to see that start to roll out at the tail end of this month and early into May. You'll start to see long-form docuseries and content currently in development, some really cool, big ideas and some amazing talent that we're beginning to partner with to create that. When this culture is elevated, there's such amazing stories and given the care that it deserves, it wins in the marketplace.

LL Cool J

Hip hop icon and Rock the Bells CEO LL Cool J

Photo by Peter Yang

How does being in L.A. influence what you're doing?

JC: We're positioning ourselves to be global, but hip hop is also hyperlocal. There's amazing talent and a hip hop culture that lives in L.A. Obviously, there's some amazing things that happen on the film side in L.A. so being there especially when you think about content or long-form content, is kind of being on the tip of the spear of new technologies that allow us to really engage our audience.

Some of hip hop's most iconic rappers have been lost in recent years. Thinking about everyone from Phife Dawg to Ol Dirty Bastard and most recently the death of DMX. What is the impact on your audience?

JC: DMX had such a powerful story, ODB as well, but when you really dive in, these people highly impacted our lives. Their sincerity, their authenticity, their ability to overcome, their voice, their uniqueness. And as you listen to the music over and over again and watch the interviews, they impact your journey. When somebody passes away that lives within the lexicon of classic hip hop, oftentimes you don't realize the impact until they're gone. You're like," I have never met this person but feel like somebody punched me in the stomach," so how can we honor them and lift them up and make sure their stories continue to get elevated?

How has the death of George Floyd, Duante Wright and so many others along with the wave of protests and national conversations about racial injustice altered the way you look at your work?

JC: As a Black-owned company and a culture-first company, when I look at the employees, you're still coming into work, but you're dealing with so much weight. Racial injustice is something that's been a cancer on American society for a long time and when it percolates it kind of comes into the zeitgeist and you think about how that's vocalized in a very unapologetic way through hip hop.

It first affects the human beings that are working at Rock The Bells, but most importantly there's a responsibility for us to amplify those voices and make sure that we're pushing towards justice. What is some of the good work that needs to be done? What's our role in doing that good work for the community to make sure that that doesn't happen again?

Have you seen an influx of support as a Black-owned business? You're elevating Black brands?

JC: In some respects, we've seen some of that. LL Cool J put out a really impactful freestyle today that's still one of the highest performing pieces of content we put out because it was honest and it was true, talking about injustice. What I have seen is different companies and brands and potential partnerships where people are starting to unveil and not be afraid to say what's true, which is always good to hear. You're seeing some behavior changes and some actual sweat from some of these different partners in the community. For us, we kind of live it everyday. We're not necessarily looking for incremental support, but what we're looking for is positive change.

Rock The Bells launched during the pandemic. There's been a decline in global retail sales of licensed products because of the cancellation of live music events during the pandemic. How has this affected you?

JC: I would say we're a little bit early on as we start to license some of our products out. I'll say that we're actually doing pretty good. I think we're going to exceed our plan on our commerce business this year. There's a lot of new trends and things that are happening, live commerce is one of them, which has kind of exploded in places like Asia. How are you entertaining people? How do you also allow them incremental opportunities to buy? How is that commerce integrated in the content in a way that doesn't feel forced? People will continue to purchase if you're driving significant value and they believe in what your brand stands for.

What is the most profitable part of the company? What do you see growing?

JC: Some of the "experiences" stuff is fairly profitable. The business model for virtual events has been rejiggered, but there's an opportunity to share a really meaningful, impactful and engaging experience online. Rock The Bells merch has been incredibly profitable for us. We have rocked it with our SIRIUS XM channel. Rock The Bells [channel] has been working very well for us and it's really allowing us to speak out our brand proposition on radio and creating a meaningful, highly curated listening experience for fans of classic hip hop.

What's on the horizon for Rock The Bells? You already talked about the docu-series. Is there anything else we should be looking out for?

JC: In general, when you think about Rock The Bells, you should always see classic hip hop through a modern lens, which is classic hip hop elevated. What you'll continue to see is us taking this culture, and doing the best that we can do to elevate it. I'm going to do something that won't just appeal to the people that are kind of like raised with it, but the whole next generation is going to be able to enjoy these stories, enjoy the commerce items and the really cool merch and eventually come to some experiences that will be able to see it come to life.

PledgeLA’s Next Chapter Starts Now with Noramay Cadena

🔦 Spotlight

Happy Friday, Los Angeles! As we wrap up another busy week in LA’s tech scene, there’s big news on the leadership front. PledgeLA has a new chair, and it’s someone who knows what it takes to break barriers and build lasting impact. Noramay Cadena, a San Fernando High grad turned triple-degree MIT engineer, has spent her career defying expectations. She started in aerospace engineering, leading operations before pivoting to venture capital, where she’s invested in 90+ companies across industries. She co-founded Latinas in STEM in 2013 and later launched MiLA Capital, a seed-stage VC firm investing in hardware and manufacturing innovations. As Managing Partner of Supply Change Capital, she has focused on technology transforming the food system, raising a $40M fund and deploying over $20M into 23 companies, including eight in California. Stepping into her new role as chair of PledgeLA, she’s setting her sights on an even bigger challenge: making LA’s tech and VC ecosystem more inclusive, accessible, and globally competitive.

Noramay Cadena (left, with her son) incoming chair of PledgeLA, receives a Catalyst Award for Emerging Manager in December. (With Qiana Patterson, PledgeLA Chair 2020-22 and Managing Partner of NAYAH)

She follows in the footsteps of Anna Barber of M13, whose leadership transformed PledgeLA into a driving force for change, launching the VC Fellowship to elevate diverse investors and spearheading the GP + LP Connections Series, which facilitated over 80 investor meetings last year. She also played a key role in the Venture Capital Data Report with UCLA Luskin and introduced the PledgeLA Catalyst Awards, honoring leaders driving capital access and innovation.

Now as Chair Emerita, Barber will continue supporting PledgeLA as it enters its next phase under Cadena’s leadership.

Cadena recognizes the strength of the foundation she’s inheriting. “Anna has been instrumental in making PledgeLA a force for inclusion in LA tech and venture. I’m honored to build on that work as we take the next big leap forward,” she said. “We’re at a critical moment for LA tech. We’ve built momentum, but now is the time to turn that into real, lasting change. I’m focused on forging new partnerships, increasing capital access, and ensuring that LA’s innovation economy works for everyone—not just the few.”

Her first priorities? Expanding PledgeLA’s VC Fellowship to create more pathways into venture, strengthening connections between emerging fund managers and investors, and doubling down on community-driven initiatives. Earlier this year, PledgeLA members, including Wonder Ventures, raised $1.1M for wildfire relief efforts—a testament to the power of LA’s tech community when it mobilizes.

With Cadena at the helm, PledgeLA isn’t just continuing its mission—it’s accelerating it. Thanks to Barber’s legacy and Cadena’s vision, the future of LA tech is poised for even greater impact. For more details on the transition and what’s ahead, read the official announcement here.

And speaking of momentum, if you’re heading out this weekend, be sure to check for road closures—the LA Marathon is set to take over the streets this Sunday! Whether you’re running, cheering, or just navigating around town, it’s another reminder that LA is always on the move.

Image Source: The McCourt Foundation


🤝 Venture Deals

LA Companies

  • Scrunch AI, a Los Angeles-based platform that helps businesses optimize their presence in AI-driven search results, has raised a $4M Seed funding round led by Mayfield. The company plans to use the funds to accelerate product development and expand its market reach, aiming to ensure brands remain visible and competitive as AI search becomes more prevalent. - learn more
  • Wolf Games, a Los Angeles-based generative gaming startup, has secured $4M in seed funding. The investment round includes prominent figures such as television producer Dick Wolf, music industry pioneer Jimmy Iovine, and Paul Wachter, Founder and CEO of Main Street Advisors. Wolf Games specializes in creating generative cinematic games that adapt to individual player choices, offering immersive and personalized storytelling experiences. The company plans to use the funds to develop its inaugural game, "Public Eye," set to launch in Summer 2025. "Public Eye" is a crime procedural game where players assist in solving murder investigations, guided by an AI-powered assistant that tailors the experience to each user's play style. - learn more
  • Fixated, a digital entertainment platform, has secured $12.8M in funding, led by Eldridge Industries. Fixated specializes in transforming creator representation and monetization, providing infrastructure, strategy, and expertise to help digital creators scale their content and diversify revenue streams. The investment will be used to expand Fixated's influence across talent management, content creation, gaming, and digital entertainment, aiming to empower creators and set higher industry standards. - learn more
  • Liminal, a user-generated content (UGC) gaming startup, has secured $5.8M in seed funding. The investment round included BITKRAFT Ventures, Riot Games, and OTK Media Group, with participation from angel investors including Marc Merrill, co-founder of Riot Games. Liminal is developing a platform that enables players to create immersive role-playing game (RPG) adventures without coding knowledge, aiming to make storytelling through gaming more accessible and engaging. The funds will be used to advance the development of this platform, with plans to launch publicly playable content in the coming year. - learn more
  • Pragma, a Los Angeles-based backend game engine developer, has secured $12.75M in strategic funding, bringing its total raised to over $50M. The investment round included participation from Square Enix, Upfront Ventures, Greylock Partners, and Insight Partners. Pragma specializes in providing scalable backend solutions for live-service games, powering features like matchmaking, analytics, and monetization. The new funds will be used to enhance their suite of live-service tools, support strategic acquisitions, and strengthen partnerships within the gaming industry. - learn more
  • Tetrous, a Sherman Oaks-based biotech company focused on bone-to-tendon healing, raised $6.5M in an oversubscribed Series A round. The funds will be used to expand market reach, generate clinical data, and broaden surgical applications of its technology. - learn more
  • Uthana, a generative AI company specializing in 3D character animation, has raised a $4.3M funding round led by IA Ventures. The company plans to use the funds to expand operations and development efforts, aiming to revolutionize the animation and game development industry by enabling real-time, lifelike animations that adapt dynamically to gameplay, thereby enhancing immersion and realism. - learn more
  • LiquidTrust, a Los Angeles-based fintech company, has raised a $4M Seed funding round led by Anthemis Female Innovators Lab Fund, Resolute Ventures, and Motivate Ventures. The company specializes in secure payment solutions for small and medium-sized businesses (SMBs) and has introduced Micro Escrow Pay, an instant escrow payment solution designed to embed trust directly into payment flows. The funds will be used to expand operations and development efforts, aiming to protect SMBs from fraud and nonpayment risks. - learn more
    LA Venture Funds
      • B Capital participated in a $4.5M funding round for Bizongo, a Mumbai-based B2B e-commerce platform focused on raw material procurement and distribution, bringing the company's valuation to $980M. The funds will be used to scale operations threefold by December, expand product categories, and position Bizongo for profitability by the last quarter of FY26. - learn more
      • UP.Partners led a $4M Seed funding round for SaySo, a New York City-based retail technology company that provides an interactive shopping platform designed to turn excess inventory into profit-driven opportunities. SaySo plans to use the funds to expand its partnerships and bring its interactive clearance platform to a broader retail audience. - learn more
      • March Capital participated in a $200M Seed funding round for Lila Sciences, a company developing an AI platform combined with autonomous laboratories to accelerate scientific discovery across life, chemical, and materials sciences. The funds will be used to further develop Lila's AI platform, build the first AI-driven science factories, and scale operations to enhance scientific research capabilities. - learn more
      • Animal Capital led a $1.6M pre-seed funding round for Platter, a New York-based ecommerce technology startup. Platter specializes in helping Shopify brands create high-converting storefronts that maximize profit. The funds will be used to further consolidate disparate tools into a unified product suite, empowering Shopify brands to build more profitable storefronts. - learn more

      LA Exits

        • Tastemade, a media company known for its food, travel, and home design content, has been acquired by food delivery startup Wonder for $90M. The acquisition aims to integrate Tastemade’s content with Wonder’s services, including takeout, delivery, and meal kits, to create a comprehensive "mealtime super app." The deal is also expected to enhance Wonder’s advertising business and offer seamless access to meals featured on Tastemade’s platforms. - learn more
        • Jumpcut Media, a provider of AI-driven intellectual property management and audience analysis tools, has been acquired by Cinelytic, an AI-powered content intelligence platform. Jumpcut's platforms, such as ScriptSense and SocialSense, offer real-time insights into content development and market alignment, enhancing decision-making across the content lifecycle. This acquisition aims to integrate Jumpcut's capabilities into Cinelytic's services, optimizing decision-making in the entertainment industry. - learn more
        • FatTail, a Calabasas, California-based advertising technology company specializing in direct advertising solutions, has been acquired by Chartbeat, a media operations software platform backed by Cuadrilla Capital. This acquisition aims to integrate FatTail's advertising revenue management capabilities with Chartbeat's content analytics services, providing media companies with a unified platform to enhance both audience engagement and revenue generation. - learn more
        • Deep 6 AI, an AI-driven precision research platform specializing in accelerating patient recruitment for clinical trials, has been acquired by Tempus, a leader in AI-powered precision medicine. Deep 6 AI's platform analyzes both structured and unstructured electronic medical record (EMR) data to match patients with clinical trials, serving over 750 provider sites and encompassing more than 30 million patients. This acquisition aims to enhance Tempus' capabilities in clinical trial matching and real-world evidence generation, furthering its mission to advance precision medicine and patient care. - learn more

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              🛡️Meet the Defense Unicorn That Just Raised $250M to Stop Drone Swarms

              🔦 Spotlight

              Hello, Happy Friday!

              For this week's spotlight story, we're turning our attention to a monumental leap in defense technology achieved by Epirus, a dynamic startup based in Torrance that specializes in groundbreaking anti-drone systems. Recently, Epirus successfully secured a whopping $250 million in Series D funding, raising its total capital to over $550 million and solidifying its status as a unicorn in the defense tech sector.

              Image Source: Epirus

              At the heart of Epirus’s arsenal is Leonidas, a solid-state, directed energy system named after the fierce Spartan king. As formidable as its namesake suggests, Leonidas stands out by neutralizing unmanned systems and other electronic threats with unmatched precision—a vital capability in today’s digital battlefield where drones are increasingly common. Offering a high-tech shield against potential threats, Leonidas has established Epirus as a key player in modern warfare technology, underscored by significant contracts such as a notable $66 million deal with the U.S. Army in 2023.

              Founded in 2018 by a visionary team including Joe Lonsdale, Bo Marr, Max Mednik, Nathan Mintz, Grant Verstandig, and John Tenet, Epirus combines expertise across technology, strategy, and security to push the boundaries of defense innovation. The collective experience and strategic foresight of its founders have propelled the company's rapid growth and technological advancements.

              Looking to the future, Epirus plans to utilize this influx of capital to broaden its reach into international and commercial markets, enhance its team, fortify its supply chain, and establish a new training center in Oklahoma to further military preparedness.

              This latest round of funding was led by 8VC and Washington Harbour Partners LP, accompanied by a diverse group of new and returning investors, including strategic defense partner General Dynamics Land Systems and seasoned investors like StepStone Group and T. Rowe Price Investment Management, Inc. New stakeholders such as Oppenheimer's Private Market Opportunities Vista VI Fund, NightDragon, Manhattan Venture Partners, Centaurus Capital LP, and Center15 Capital also joined, reflecting robust market confidence in Epirus’s innovative approach and future potential.

              Keep an eye on Epirus as it navigates this exciting phase of growth and innovation. With its advanced technologies and strategic expansions, Epirus is not just responding to the challenges of today’s digital battlefield but is also setting the pace for tomorrow’s defense landscape.

              🤝 Venture Deals

              LA Companies

              • Zeitview, a Los Angeles-based leader in AI-powered infrastructure inspections, has raised a $60M funding round led by Climate Investment, with participation from Upfront Ventures and others. The funds will be used to accelerate the development of its Visual AI technology and enhance its Insights software platform, supporting infrastructure sectors such as solar, wind, utilities, properties, and telecom throughout the asset lifecycle. - learn more
              • Nervonik, a medical device company specializing in peripheral nerve stimulation for chronic pain relief, has raised a $13M Series A funding round led by U.S. Venture Partners (USVP). The funds will be used to advance the development of its next-generation nerve stimulation technology, aiming to provide effective, non-opioid pain management solutions. - learn more
              • Mote, a company specializing in carbon-negative energy production, has secured $7M in the initial close of its Series A funding round. The investment was co-led by Nella Next and Preston-Werner Ventures. Mote converts agricultural and forestry waste into clean hydrogen through its Biomass Carbon Removal and Storage (BiCRS) technology, which also sequesters carbon dioxide. The funds will be used to advance its first commercial-scale facility, expand engineering capabilities, and accelerate strategic partnerships in the hydrogen and energy sectors. - learn more
              • FastLane Labs, a developer of Maximal Extractable Value (MEV) infrastructure, has raised a $6M funding round led by Figment Capital and DBA. The funds will be used to develop a comprehensive liquid staking token on the Monad blockchain, aiming to build a sustainable MEV ecosystem that benefits users, decentralized applications (dApps), and stakers. - learn more
              • Supergut, a company specializing in gut health products like powders, bars, and shakes containing resistant starches and prebiotic fibers, has secured a significant growth equity investment led by Full Frame Growth Partners, with participation from Alpha Edison, Rocana Venture Partners, Strand Equity Partners, and others. The funds will support new product innovation, retail expansion, and new hires. Additionally, Supergut has appointed Tracey Warner Halama, former CEO of Vital Proteins, as its new CEO to lead this next phase of growth. The company has experienced a 172% sales increase in 2024, driven by its 'GLP-1 booster' product. - learn more
              • FairPlay, a Fairness-as-a-Service company, has raised a $10M funding round from Infinity Ventures, JPMorgan Chase, and Nyca Partners. FairPlay specializes in developing tools that help organizations identify and correct biases in their AI-driven decision-making processes, aiming to promote fairness and compliance in sectors like financial services and insurance. The company plans to use the funds to expand its operations and enhance its product offerings, furthering its mission to build fairness infrastructure for the internet and ensure safer AI adoption. - learn more
              • ACID Labs, a leader in instant social gaming on messaging platforms, has raised $8M in funding led by a16z GAMES Speedrun and NFX, with participation from Fusion. The funds will be used to accelerate its mission of building viral instant games where people already connect, focusing on creating seamless, social-first gaming experiences. - learn more
              • MelodAI, a company specializing in AI-generated content (AIGC) and multimodal AI agent services, has secured a new round of funding led by LF Labs. The funds will be used to advance product development and expand market presence in the Web3 and AI entertainment sectors, enhancing MelodAI's competitiveness in the global AIGC and AI agent service industries. - learn more
                LA Venture Funds
                  • Fika Ventures led a $4.7M Seed funding round for Outmarket AI, a San Francisco-based intelligence platform designed to transform commercial insurance through AI-powered insights and automation. The funds will be used to accelerate platform innovation, expand the team, and establish strategic partnerships with leading brokers and carriers. - learn more
                  • FirstLook Partners participated in a $25M equity funding round for Flex, a Miami-based fintech company that provides an all-in-one finance platform for business owners. Flex offers services such as business banking, expense management, credit cards, and accounts payable automation. The company plans to use the funds to enhance its AI-driven accounts payable automation and expand its personal finance management services for business owners. - learn more
                  • B Capital led a $96M equity investment in Odeko, a New York-based all-in-one operations and technology partner for local coffee shops, cafes, and other food and beverage businesses. Including a $30M credit facility from Banc of California, the total funding amounts to $126M. Odeko plans to use the funds to fuel growth through new services and cost savings for customers, acquire businesses to extend its market reach and product offerings, and build out its leadership team. - learn more
                  • Presight Capital participated in a $2.2M Seed funding round for Needle, an AI-powered search and agent development platform based in San Francisco and Berlin. Needle enables organizations to access and manage data across various internal systems, integrating with tools like Confluence, Slack, Gmail, and Dropbox. The funds will be used to expand the engineering team, enhance core technology, and accelerate go-to-market initiatives. - learn more
                  • Village Global participated in a $2.8M Pre-seed funding round for Orpheus Ocean, a New Bedford, Massachusetts-based company specializing in deep-sea robotics. Orpheus Ocean develops autonomous underwater vehicles (AUVs) designed to enhance deep ocean and seafloor data collection. The funds will be used to conduct the first commercial demonstrations of their AUV technology, expand their technical team, and grow their fleet to support increased deployments in the coming year. - learn more

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                        The AI Arms Race Heats Up — Who’s Really Winning?

                        🔦 Spotlight

                        Hello, LA!

                        In the ever-evolving landscape of artificial intelligence, tech giants are racing to outdo each other, unveiling innovations that promise to redefine our interaction with technology. This week, the spotlight shines on three major developments: Amazon's introduction of Alexa+, OpenAI's release of GPT-4.5, and Meta's announcement of a standalone AI app.

                        Amazon's Alexa+: Your New AI Companion

                        Image Source: Amazon

                        Amazon has unveiled Alexa+, a next-generation AI assistant powered by generative AI.According to Amazon, Alexa+ is designed to be more conversational, smarter, and highly personalized. It can manage tasks ranging from controlling smart home devices to making reservations and providing personalized recommendations. With the ability to understand colloquial expressions and complex queries, Alexa+ aims to make interactions feel less like commands to a machine and more like conversations with a trusted friend.

                        Alexa+ will be free for Amazon Prime members and available for $19.99 per month for non-members, adding a new premium tier to Amazon’s ecosystem. For more details,Amazon's official release covers the top features.

                        OpenAI's GPT-4.5: A Leap Towards Emotional Intelligence

                        Image Source: OpenAI

                        Meanwhile, OpenAI has launched GPT-4.5, its largest and most advanced AI language model to date.In OpenAI’s announcement, the company highlights how this upgrade enhances pattern recognition, connection drawing, and creative insight generation. Early testing indicates that interactions with GPT-4.5 feel more natural and intuitive, thanks to its broader knowledge base and refined personality.

                        This model is particularly adept at writing, programming, and practical problem-solving. However, OpenAI has clarified that GPT-4.5 is not a "frontier model", meaning it may not outperform highly specialized AI in certain areas. Still, it marks a significant step forward in AI’s capabilities.

                        Meta's Standalone AI App: Expanding the AI Ecosystem

                        Not to be left behind, Meta is set to launch a standalone AI app in the second quarter of 2025.As reported by CNBC, this move aligns with Mark Zuckerberg’s vision to position Meta as a leader in AI by the end of the year. The app aims to complement existing platforms like Facebook and Instagram, offering users a dedicated space to interact with Meta’s AI technologies.

                        This initiative is part of Meta’s broader strategy to enhance user engagement and stay competitive in the rapidly evolving AI landscape. With rivals like Amazon and OpenAI pushing forward, Meta is making its move to claim a seat at the AI table.

                        The Bigger Picture

                        These developments underscore a significant trend: AI is becoming increasingly integrated into our daily lives, with major tech companies striving to create more intuitive, personalized, and human-like interactions. As AI continues to evolve, users can anticipate more seamless and natural engagements with technology, blurring the lines between human and machine interactions.

                        In this high-stakes race, the real winners will be those who deliver AI that doesn’t just talk back—but truly understands.


                        🤝 Venture Deals

                        LA Companies

                        • Mitico, a Pasadena-based carbon capture technology company, has raised a $4.3M Seed funding round led by Exergon with participation from Freeflow Ventures, Alliance for Southern California Innovation, and others. The funds will be used to accelerate pilot testing and scale its technology, which captures over 95% of CO₂ emissions from industrial sources like gas-fired power plants and waste-to-energy facilities. - learn more
                          LA Venture Funds
                          • Alexandria Venture Investments participated in Eikon Therapeutics' $351M Series D funding round to support the company's advancements in live-cell imaging and protein movement analysis for drug discovery. Based in Hayward, California, Eikon is leveraging its proprietary technology to develop new treatments, with a focus on melanoma and other cancers. The funds will be used to accelerate drug discovery programs and expand clinical research efforts. - learn more
                          • MTech Capital participated in a €14.4M Series B funding round for Napo, a London-based InsurTech startup specializing in comprehensive pet insurance solutions. The funds will be used to enhance Napo's AI and automation capabilities, aiming to provide more efficient and customer-focused services to pet owners. - learn more
                          • Mantis VC participated in a $15M Series A funding round for Edera, a Seattle-based company specializing in workload isolation technology. Edera's solutions enhance cloud and AI infrastructure security by providing strong workload isolation, enabling developers to build rapidly without compromising security. The funds will be used to expand Edera's product offerings, including support for AI infrastructure, and to accelerate the adoption of their technology in securing cloud-native environments. - learn more
                          • B Capital participated in a $13.4M Seed funding round for Goose, a Chicago-based technology company developing a next-generation operating system for pet care providers. Goose's platform integrates services such as boarding, day care, grooming, training, and retail, aiming to streamline operations and enhance customer interactions for pet care businesses. The newly raised funds will be used to accelerate product development, expand partnerships, and meet the growing demand for their enterprise-ready platform. - learn more
                          • 75 & Sunny Ventures participated in a $6.7M Seed funding round for HouseWhisper, a Seattle-based company developing an AI-powered assistant designed to enhance real estate agents' productivity by automating administrative tasks. The funds will be used to advance product development, expand the team, and enhance AI capabilities, aiming to transform agent workflows and improve client engagement. - learn more
                          • Dangerous Ventures participated in an $18.5M Series A funding round for Cambium, a Baltimore-based supply chain technology company specializing in sustainable wood products. Cambium leverages AI to transform salvaged wood into Carbon Smart™ Wood and mass timber products, aiming to modernize the $788 billion wood products industry. The funds will be used to deploy AI technology, strengthen their wood supply network, expand into mass timber offerings, and scale operations to meet the growing demand for sustainable building materials. - learn more
                          • Nomad Ventures led a $1.7M Pre-seed funding round for WilsonAI, a London-based company developing the world's first AI-powered paralegal designed to integrate directly into in-house legal teams. Founded in August 2024 by Gus Neate and Alex Wang, WilsonAI aims to automate repetitive legal tasks, such as handling routine requests and reviewing contracts, thereby streamlining workflows. The funds will be used to enhance WilsonAI's AI capabilities, expand integrations with existing legal tech systems, and accelerate customer onboarding across various industries. - learn more
                          • Bill Silva Ventures participated in an €800,000 funding round for Solid IO, a Helsinki-based medtech company specializing in patient-specific organ-on-chip technology. Solid IO's platform replicates individual tumor microenvironments to provide real-time, accurate data on cancer responses to immunotherapies and combination treatments. The funds will be used to advance their tumor-on-chip platform, aiming to enhance personalized cancer treatment and improve patient outcomes. - learn more

                                LA Exits

                                • Loki Solutions, a company specializing in advanced cyber operations and intelligence analysis, has been acquired by VTG to expand its capabilities within the intelligence community. The acquisition strengthens VTG’s offerings in national security and cyber defense, integrating Loki Solutions’ expertise to support critical missions. - learn more
                                • Dave's Hot Chicken, a Pasadena, California-based chain renowned for its Nashville-style hot chicken, has been acquired by private equity firm Roark Capital in a deal valued at approximately $1 billion. Founded in 2017, Dave's Hot Chicken has rapidly expanded to over 250 locations worldwide, generating around $1 billion in annual sales. The company is majority-owned by its founders—Dave Kopushyan, Arman Oganesyan, Tommy Rubenyan, and Gary Rubenyan—and counts rapper Drake among its investors. Roark Capital, based in Atlanta, manages $38 billion in assets and owns a portfolio of major restaurant brands, including Arby's, Culver's, and Subway. - learn more
                                • Mob Scene, a premier Hollywood marketing agency specializing in film studios, television networks, and streaming services, has been acquired by Connekkt Media, one of Asia's largest media and entertainment-technology companies. This strategic acquisition aims to combine Mob Scene's creative marketing expertise with Connekkt Media's technological capabilities, enhancing their global reach and service offerings. Under the new agreement, Mob Scene's co-founder and CEO, Tom Grane, will continue to lead the company. - learn more
                                • Curious Refuge, a platform dedicated to supporting generative AI storytellers, has been acquired by Promise, a pioneering film and media company. This acquisition aims to empower and discover AI-driven storytellers worldwide, fostering a vibrant creative community that connects artists, filmmakers, and technologists. By integrating Curious Refuge's resources and community with Promise's innovative approach, the collaboration seeks to revolutionize the landscape of AI-generated storytelling. - learn more

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