This Week in ‘Raises’: Nativo Lands $25M, Epic Sciences Gains $24M
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 company developing diagnostic tests raised fresh funding to commercialize the three component tests of DefineMBC, which together provide a comprehensive blood-based biopsy result for patients with metastatic breast cancer, while a climate tech company will use its funds to expand services throughout California and additional markets and aims to build 100,000 installations by 2028.
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Venture Capital
Per an SEC filing, Irvine-based alcohol beverage company Casa Azul Spirits raised $45 million in funding.
Nativo, an El Segundo-based content technology platform raised $25 million of structured capital from Capital IP.
San Diego-based developer of diagnostic tests technology Epic Sciences raised a $24 million Series G funding round co-led by Deerfield Management and Arsenal Capital Partners.
Tarzana-based fintech application software company Tapcheck Inc. raised $18 million in funding, per an SEC filing.
Rock The Bells, a Los Angeles-based platform, raised a $15 million Series B funding round led by Raine Ventures, Irving Azoff of Iconic Artists Group and Paramount Global.
Los Angeles-based climate technology company Haven Energy raised $4.2 million in a seed funding round led by Lerer Hippeau and Giant Ventures.
Third Way Health, a Los Angeles-based medical technology platform, raised a $1.55 million pre seed funding round led by Apollo Medical Holdings.
Miscellaneous
XPrize, a Culver City-based company that arranges competitions designed to create industry-changing technology, has raised $11 million in funding for its multi-year competition which aims to spur innovation of wildfire detection and rapid response technologies.
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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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.