This Week in ‘Raises’: Measurabl Snags $93M, Selva Ventures Grabs $34M
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 local data management platform company lands fresh funding to help commercial real estate owners reduce carbon footprint, while one Los Angeles-based venture firm closes its second fund to accelerate the growth of emerging companies across health, wellness, beauty and personal care.
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Venture Capital
Measurabl, a San Diego-based data management platform raised $93 million in its fourth round of funding co-led by Energy Impact Partners and Sway Ventures.
El Segundo-based developer of hyperspectral earth-imaging technology Pixxel raised $36 million in a Series B funding round from new investors such as Google, along with existing investors Radical Ventures, Lightspeed, Blume Ventures, growx, Sparta and Athera.
Galvanick, a Los Angeles-based cybersecurity platform, raised a $10 million seed funding round. Major investors included MaC Venture Capital, Founders Fund, Countdown Capital and Hanover Technology Investment Management among others.
Chamberlain Coffee, a Los Angeles-based coffee company founded by YouTube star Emma Chamberlain, raised $7 million in funding led by existing investors including Blazar Capital and United Talent Agency.
Dropstat, a Los Angeles-based health care platform closed a $5.5M seed funding round led by Panoramic Ventures.
Per an SEC filing, San Diego-based real estate platform Urbanum, Inc. raised $1.7 million in funding.
Funds
Selva Ventures, a Los Angeles-based venture firm closed its second fund of $34 million backed by Unilever Ventures, PagsGroup and Obelysk.
Miscellaneous
Los Angeles-based (EV) fast-charging network operator EVCS has been awarded $1.9 million from the California Energy Commission (CEC) Rural Electric Vehicle (REV) program to support the installation of 30 DC fast chargers and 8 Level 2 chargers in Northern and Central California.
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).- Jadu Raises $36M To Build An Augmented Reality Web3 Gaming Platform ›
- This Week in ‘Raises’: Zest AI Snags $50M, Kingswood Capital Collects $500M ›
- ‘Raises’: LinearB Lands $50M, Magnify Ventures Launches $52M Fund ›
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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