This Week in 'Raises': Wildcat Discovery Lands $90M, Web3 Hang Secures $16M
Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.
A San Diego EV company raised new funding to develop a high energy density battery cell for electric vehicles, while a new Los Angeles web3 platform lands funding and attracts investments from Kevin Durant’s Thirty Five Ventures, and Mr. Beast’s Night Ventures.
Venture Capital
Wildcat Discovery Technologies, a San Diego-based EV battery developer, raised a $90 million Series D funding round led by Koch Strategic Platforms.
Hang, a Santa Monica-based web3 platform, raised a $16 million Series A funding round led by Paradigm to launch its NFT-powered loyalty program.
Arkive, a Santa Monica-based startup that aims to build a decentralized physical museum, raised $9.7 million in new funding co-led by Offline Ventures and TCG Crypto.
San Diego-based fitness studio management software Walla, raised an $8 million Series A funding round led by Industry Ventures.
Blockchain identity startup Quadrata, based in Marina Del Rey, raised $7.5 million in seed funding led by Dragonfly Capital.
Last Crumb, a Los Angeles-based cookie company that releases weekly online hype “drops” of its flavors, has raised a $3 million seed funding round led by Electric Feel Ventures.
Raises is dot.LA’s weekly feature highlighting venture capital funding news across Southern California’s tech and startup ecosystem. Please send fundraising news to Decerry Donato (decerrydonato@dot.la).
Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.
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