This Week in 'Raises': Wildcat Discovery Lands $90M, Web3 Hang Secures $16M

Decerry Donato

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.

This Week in 'Raises': Wildcat Discovery Lands $90M, Web3 Hang Secures $16M
Image by Joshua Letona

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).

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Cadence

Online Schooling Set U.S. Kids Back. But LA EdTech Companies See Solutions

Decerry Donato

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.

kid looking at computer screen for online school
Andria Moore

Nationally, kids whose schools met online in the 2020-2021 year performed 13% lower in math and 8% lower in reading compared with kids who had in-person schooling.

Nhon Ma, co-founder of online tutoring platform Numerade believes that this issue will continue to persist unless more students gain access to tutoring outside the classroom.

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Kroma Wellness Founder Lisa Odenweller on Breaking Into the Nutrition Industry

Yasmin Nouri

Yasmin is the host of the "Behind Her Empire" podcast, focused on highlighting self-made women leaders and entrepreneurs and how they tackle their career, money, family and life.

Each episode covers their unique hero's journey and what it really takes to build an empire with key lessons learned along the way. The goal of the series is to empower you to see what's possible & inspire you to create financial freedom in your own life.

Kroma Wellness Founder Lisa Odenweller
Image courtesy of Kroma Wellness

On this episode of Behind Her Empire, Lisa Odenweller opens up about her superfood nutrition company, Kroma Wellness, and the difficulties of breaking into the wellness industry.

Odenweller began her career in the wellness space in 2011 when she opened a chain of superfood cafes around Southern California called Beaming Wellness.

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