This Week in 'Raises': Leo DiCaprio Helps Launch a New Sustainable VC Fund

Decerry Donato

Decerry Donato is dot.LA's Editorial Fellow. Prior to that, she was an editorial intern 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': Leo DiCaprio Helps Launch a New Sustainable VC Fund
Photo by Andrea Raffin/ Shutterstock
This week in “Raises,” Hadrian Automation lands Silicon Valley backing for a new automated factory in Torrance, while a new sustainable venture capital fund launches with the help of Leo DiCaprio.

Venture Capital

Collectors, a Santa Ana-based collectibles marketplace, raised $100 million in funding led by investors Nat Turner, D1 Capital Partners, Cohen Private Ventures and TCG Capital Management.

Hadrian Automation, a Hawthorne-based automated manufacturing startup, raised $90 million in funding co-led by Andreessen Horowitz and Lux Capital.

Yami, an L.A.-based online store selling Asian goods, raised a $50 million Series B round co-led by Altos Ventures and Balsam Bay Partners.

Newport Beach-based biometric data company VivoSense raised a $25 million Series A round co-led by Perceptive Xontogeny Venture Fund and the Debiopharm Innovation Fund.

San Diego-based finance platform Mosaic raised a $25 million Series B round led by Founders Fund.

Impulse Space Propulsion, an El Segundo-based space transportation services company, raised a $20 million seed round led by Founders Fund.

SimWin, an L.A.-based NFT fantasy sports startup, raised $6.2 million in funding, per an SEC filing.

Crypto Raiders, an L.A.-based NFT marketplace, raised $6 million in funding co-led by DeFiance Capital and Delphi Digital.

L.A.-based digital fashion tech company BODS raised a $5.6 million seed round led by Peter Boyce II at Stellation Capital.

Leaf Agriculture, an L.A.-based agriculture data company, raised $5 million in seed funding led by S2G Ventures.

Irvine-based remote work platform Wing Assistant raised a $2.1 million seed round from Surface Ventures, Brookstone Venture Capital and UC Berkeley SkyDeck.

Funds

Wave Financial, an L.A.-based digital asset investent management firm, launched its $100 million Wave ADA Yield Fund to invest in decentralized finance (DeFi) platforms using the Cardano blockchain.

Regeneration.VC, an L.A.-based venture capital firm, raised a $45 million fund to invest in “circular and regenerative” consumer materials, technologies and brands. The fund’s investors include actor Leonardo DiCaprio and musician Martin Gore, as well as San Francisco venture firm Tribe Capital.

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).

Subscribe to our newsletter to catch every headline.

Cadence

Riot Games Doubles Down on Mobile With ‘Aim Lab’ Investment

Samson Amore

Samson Amore is a reporter for dot.LA. He previously covered technology and entertainment for TheWrap and reported on the SoCal startup scene for the Los Angeles Business Journal. Samson is also a proud member of the Transgender Journalists Association. Send tips or pitches to samsonamore@dot.la and find him on Twitter at @Samsonamore. Pronouns: he/him

Riot Games Doubles Down on Mobile With ‘Aim Lab’ Investment
Image from Aim Lab

Riot Games has invested in virtual shooting range developer Statespace, accelerating the Los Angeles video game developer’s efforts to dominate the mobile gaming space.

Read more Show less
https://twitter.com/samsonamore
samsonamore@dot.la

Meet Surf Air Mobility, the Startup Trying To Electrify Air Travel

Samson Amore

Samson Amore is a reporter for dot.LA. He previously covered technology and entertainment for TheWrap and reported on the SoCal startup scene for the Los Angeles Business Journal. Samson is also a proud member of the Transgender Journalists Association. Send tips or pitches to samsonamore@dot.la and find him on Twitter at @Samsonamore. Pronouns: he/him

Meet Surf Air Mobility, the Startup Trying To Electrify Air Travel
Courtesy of Surf Air Mobility

The airline industry is a notoriously terrible polluter, with large carriers struggling to find ways to limit the more than 915 million tons of carbon emissions produced by their industry each year.

Read more Show less
https://twitter.com/samsonamore
samsonamore@dot.la

Ranavat’s Founder on How Pregnancy and Ayurveda Inspired Her to Start Her Skincare Company

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.

Michelle Ranavat
Photo credit: Grey and Elle

On this episode of Behind Her Empire, Michelle Ranavat talks about how pregnancy and traditional ayurvedic remedies inspired her to start her skincare company, and how she grew it without relying on outside funding.

Read more Show less
RELATEDEDITOR'S PICKS
LA TECH JOBS
interchangeLA
Trending