LA Tech Cares Raises $200K for Back-to-School Fund

Bernard Mendez
Bernard Mendez is an editorial intern at dot.LA. He attends UCLA, where he is pursuing a bachelor’s degree in applied mathematics. Mendez was previously an editor at the Daily Bruin, the student newspaper at UCLA.
LA Tech Cares Raises $200K for Back-to-School Fund

Most of Los Angeles' youth spent a year learning online with little interaction with their teachers or their peers. As students ready to return to the classroom, one Los Angeles nonprofit — backed by some big names including director Stephen Spielberg, the Ballmer Group and the Broad Foundation along with local venture capitalists — is helping kids transition back into in-person learning.


The L.A. Education Recovery Fund is a philanthropic organization that has funded summer programs and will back after school programs run by dozens of L.A.-based nonprofits, including Woodcraft Rangers, LA's Best, the YMCA and the Boys and Girls Club.

Over 30,000 children — largely from low-income neighborhoods — have participated in the summer school programs, which are held at around 500 LAUSD school sites that were reopened over the summer for the programs.

So far, the Fund has raised $10 million and is aiming to add additional programs in the fall. There are a number of players in the L.A. tech scene who are involved with the fund, thanks to a separate initiative, LA Tech Cares.

Run by a trio of VC partners, LA Tech Cares has raised $200,000 to donate to the L.A. Education Recovery Fund for summer school programs. LA Tech Cares 2021 is ultimately aiming to donate around $300,000.

Brett Brewer, the managing director of Crosscut Ventures and one of LA Tech Cares' founders, said he was inspired by the stark disparity in how local venture capitalists — which last quarter alone invested $8.5 billion — and vulnerable communities fared during the pandemic. The county has among the highest poverty rates in the state, data from the Public Policy Institute of California shows.

"Would it have been as easy to get LA Tech Cares off the ground if venture capitalists were struggling, if tech companies were struggling? The answer is probably no," he said. "I think because the venture capital community realizes that it has essentially benefited from a pandemic … It's made it much easier."

LA Tech Cares 2021 is also headed by Kwanza Jones, a co-founder of Supercharged, and Brian Lee, a co-founder of BAM Ventures.

The initiative started in 2020 after most schools transitioned to virtual education because of the COVID-19 pandemic, when it raised money to provide tablets to children at L.A. charter schools, where Brewer serves on the board.

"Last year was about connecting to technology," said Brewer. "This year is actually in some ways about the opposite — It's that these kids have been too removed, and it's almost a code red to get them together in person."

The Recovery Fund's programs, meanwhile, are aimed to help students transition back to in-person school after over a year of remote and hybrid learning, particularly for low-income students hardest hit by the pandemic.

"Our low income-kids depend on schools and nonprofit organizations for access to music and art and sports and creativity," said Marshall Tuck, the head of the recovery fund. "All those things got shut down over the last year."

"We think of recovery as it's not just about one summer or one year, this is several years to make up for what our kids lost," said Tuck.

For the nonprofits, the fund helped them return to in-person programs faster than they expected.

Woodcraft Rangers, a nonprofit that hosts summer day camps and afterschool programs for low income schools in Los Angeles, was one of dozens nonprofits that returned to in-person programs this summer thanks to funding from the L.A. Education Recovery Fund.

The program spent over a year in the pandemic providing mostly online services after shutting its programs down at the start of the pandemic. This summer, it hosted thousands of children at 28 sites.

"Kids are learning how to be kids again, they're learning how to be with their peers, they're learning how to be in our learning environment again," said Julee Brooks, the CEO of Woodcraft Rangers, which received around $100,000 from the fund. "For us, the most important thing this summer was to get kids back together."

"We are serving some of the communities that have been hardest hit during the pandemic, and our kids have been through a lot," Brooks said. "To bring them back with exciting programs and a chance to just play and find joy again was the absolute goal."

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🤠Musk Picks Texas and 🔥Tinder AI Picks Your Profile Pictures
Image Source: Tinder

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Tinder is altering dating profile creation with its new AI-powered Photo Selector feature, designed to help users choose their most appealing dating profile pictures. This innovative tool employs facial recognition technology to curate a set of up to 10 photos from the user's device, streamlining the often time-consuming process of profile setup. To use the feature, users simply take a selfie within the Tinder app and grant access to their camera roll. The AI then analyzes the photos based on factors like lighting and composition, drawing from Tinder's research on what makes an effective profile picture.

The selection process occurs entirely on the user's device, ensuring privacy and data security. Tinder doesn't collect or store any biometric data or photos beyond those chosen for the profile, and the facial recognition data is deleted once the user exits the feature. This new tool addresses a common pain point for users, as Tinder's research shows that young singles typically spend about 25 to 33 minutes selecting a profile picture. By automating this process, Tinder aims to reduce profile creation time and allow users to focus more on making meaningful connections.

In wholly unrelated news, Elon Musk has announced plans to relocate the headquarters of X (formerly Twitter) and SpaceX from California to Texas. SpaceX will move from Hawthorne to Starbase, while X will shift from San Francisco to Austin. Musk cited concerns about aggressive drug users near X's current headquarters and a new California law regarding gender identity notification in schools as reasons for the move. This decision follows Musk's previous relocation of Tesla's headquarters to Texas in 2021.

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  • Penguin Random House agreed to acquire comic book publisher Boom! Studios from backers like Walt Disney Co. - learn more

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Top LA Accelerators that Entrepreneurs Should Know About

Los Angeles, has a thriving startup ecosystem with numerous accelerators, incubators, and programs designed to support and nurture new businesses. These programs provide a range of services, including funding, mentorship, workspace, networking opportunities, and strategic guidance to help entrepreneurs develop their ideas and scale their companies.


Techstars Los Angeles

Techstars is a global outfit with a chapter in Los Angeles that opened in 2017. It prioritizes local companies but will fund some firms based outside of LA.

Location: Culver City

Type of Funding: Pre-seed, early stage

Focus: Industry Agnostic

Notable Past Companies: StokedPlastic, Zeno Power


Grid110

Grid110 offers no-cost, no-equity programs for entrepreneurs in Los Angeles, including a 12-week Residency accelerator for early-stage startups, an Idea to Launch Bootcamp for pre-launch entrepreneurs, and specialized programs like the PledgeLA Founders Fund and Friends & Family program, all aimed at providing essential skills, resources, and support to help founders develop and grow their businesses.

Location: DTLA

Type of Funding: Seed, early stage

Focus: Industry Agnostic

Notable Past Companies: Casetify, Flavors From Afar


Idealab

Idealab is a renowned startup studio and incubator based in Pasadena, California. Founded in 1996 by entrepreneur Bill Gross, Idealab has a long history of nurturing innovative technology companies, with over 150 startups launched and 45 successful IPOs and acquisitions, including notable successes like Coinbase and Tenor.

Location: Pasadena

Type of Funding: Stage agnostic

Focus: Industry Agnostic, AI/Robotics, Consumer, Clean Energy

Notable Past Companies: Lumin, Coinbase, Tenor


Plug In South LA

Plug In South LA is a tech accelerator program focused on supporting and empowering Black and Latinx entrepreneurs in the Los Angeles area. The 12-week intensive program provides early-stage founders with mentorship, workshops, strategic guidance, potential pilot partnerships, grant funding, and networking opportunities to help them scale their businesses and secure investment.

Location: Los Angeles

Type of Funding: Pre-seed, seed

Focus: Industry Agnostic, Connection to South LA and related communities

Notable Past Companies: ChargerHelp, Peadbo


Cedars-Sinai Accelerator

The Cedars-Sinai Accelerator is a three-month program based in Los Angeles that provides healthcare startups with $100,000 in funding, mentorship from over 300 leading clinicians and executives, and access to Cedars-Sinai's clinical expertise and resources. The program aims to transform healthcare quality, efficiency, and care delivery by helping entrepreneurs bring their innovative technology products to market, offering participants dedicated office space, exposure to a broad network of healthcare entrepreneurs and investors, and the opportunity to pitch their companies at a Demo Day.

Location: West Hollywood

Type of Funding: Seed, early stage, convertible note

Focus: Healthcare, Device, Life Sciences

Notable Past Companies: Regard, Hawthorne Effect


MedTech Innovator

MedTech Innovator is the world's largest accelerator for medical technology companies, based in Los Angeles, offering a four-month program that provides selected startups with unparalleled access to industry leaders, investors, and resources without taking equity. The accelerator culminates in showcase events and competitions where participating companies can win substantial non-dilutive funding, with the program having a strong track record of helping startups secure FDA approvals and significant follow-on funding.

Location: Westwood

Type of Funding: Seed, early stage

Focus: Health Care, Health Diagnostics, Medical Device

Notable Past Companies: Zeto, Genetesis


KidsX

The KidsX Accelerator in Los Angeles is a 10-week program that supports early-stage digital health companies focused on pediatric care, providing mentorship, resources, and access to a network of children's hospitals to help startups validate product-market fit and scale their solutions. The accelerator uses a reverse pitch model, where participating hospitals identify focus areas and work closely with selected startups to develop and pilot digital health solutions that address specific pediatric needs.

Location: East Hollywood

Type of Funding: Pre-seed, seed, early stage

Focus: Pediatric Health Care Innovation

Notable Past Companies: Smileyscope, Zocalo Health


Disney Accelerator

Disney Accelerator is a startup accelerator that provides early-stage companies in the consumer media, entertainment and technology sectors with mentorship, guidance, and investment from Disney executives. The program, now in its 10th year, aims to foster collaborations and partnerships between innovative technology companies and The Walt Disney Company to help them accelerate their growth and bring new experiences to Disney audiences.

Location: Burbank

Type of Funding: Growth stage

Focus: Technology and entertainment

Notable Past Companies: Epic Games, BRIT + CO, CAMP


Techstars Space Accelerator

Techstars Space Accelerator is a startup accelerator program focused on advancing the next generation of space technology companies. The three-month mentorship-driven program brings together founders from across the globe to work on big ideas in aerospace, including rapid launch services, precision-based imaging, operating systems for complex robotics, in-space servicing, and thermal protection.

Location: Los Angeles

Type of Funding: Growth stage

Focus: Aerospace

Notable Past Companies: Pixxel, Morpheus Space



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🚁 One Step Closer to Air Taxis in LA
Image Source: Joby Aviation

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Joby Aviation, a pioneering electric air taxi company, has achieved a significant milestone by successfully flying a hydrogen-electric aircraft demonstrator for 523 miles with only water as a byproduct. This groundbreaking flight showcases the potential for emissions-free regional travel using vertical take-off and landing (eVTOL) aircraft, eliminating the need for traditional runways. The company's innovative approach combines its existing battery-electric air taxi technology with hydrogen fuel cells, paving the way for longer-range, environmentally friendly air travel.

For LA residents, this development holds exciting implications for future transportation options. Joby's technology could potentially enable direct flights from LA to destinations like San Francisco or San Diego without the need to visit conventional airports, offering a cleaner and more convenient alternative to current travel methods. The company's progress in both battery-electric and hydrogen-electric aircraft positions it at the forefront of next-generation aviation, promising to revolutionize urban and regional mobility.

Notably, Joby Aviation has already made strides in Southern California by securing an agreement with John Wayne Airport earlier this year to install the region's first electric air taxi charger. This strategic move sets the stage for LA to be among the initial markets where Joby will launch its electric air taxi service. With plans to commence commercial operations as early as 2025 using its battery-electric air taxi, LA residents may soon have access to a fast, quiet, and environmentally friendly mode of transportation that could significantly reduce travel times and traffic congestion in the region. In the not too distant future, LA might find itself in an identity crisis without traffic and excess smog 🤞🤞.


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