This Week in ‘Raises’: LootMogul Secures $200M, Hackman Capital Lands $1.6B

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’: LootMogul Secures $200M, Hackman Capital Lands $1.6B
Modified by Joshua Letona

Santa Monica-based LootMogul received fresh funding for its sports metaverse platform, while Hackman Capital Partners closed its HCP Studio Fund, half of which has already been put towards seven investments.


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Venture Capital

Santa Monica-based sports metaverse platform LootMogul received a $200 million investment commitment from Gem Global Yield LLC SCS.

Eyenuk, a Los Angeles-based medical equipment manufacturing company, raised a $26 million Series A funding round led by AXA IM Alts.

Kudos, a Woodland Hills-based developer of the mobile wallet, raised a $7 million seed funding round led by Patron.

Los Angeles-based creators of decentralized application program services (dAPIs) that provide web3 infrastructure and utility New Computer Corporation (NCC), raised $2.5 million in seed funding led by Borderless Capital.

Upkeep, a Los Angeles-based spa booking app, raised a $2 million seed funding round co-led by The Anthemis Female Innovators Lab Fund and 1517 Fund.

Funds

Hackman Capital Partners, a Culver City-based venture capital firm, closed its $1.6 billion HCP Studio Fund to invest in studios and media assets with in-place income and growth potential.

Santa Monica-based venture capital firm Fusion, raised a $12.6 million fund, according to an SEC filing.

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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How Women’s Purchasing Power Is Creating a New Wave of Economic Opportunities In Sports

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Samson Amore is a reporter for dot.LA. He holds a degree in journalism from Emerson College. Send tips or pitches to samsonamore@dot.la and find him on Twitter @Samsonamore.

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https://twitter.com/samsonamore
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Samson Amore is a reporter for dot.LA. He holds a degree in journalism from Emerson College. Send tips or pitches to samsonamore@dot.la and find him on Twitter @Samsonamore.

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