This Week in ‘Raises’: Prism Lands $26M, Wellth Stacks Up $20M

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’: Prism Lands $26M, Wellth Stacks Up $20M
This Week in ‘Raises’:

A Los Angeles-based financial lending platform just raised some funding to help the employees of the pre-IPO companies they work with borrow against their company equity for personal use, while a local digital health company announced they completed an oversubscribed Series B fundraising round that will enable the company to further invest in the behavioral science engine behind the app and expand its team.

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Venture Capital

Believer Entertainment, a West Hollywood-based game development studio, raised $44 million in funding, per an SEC filing.

Prism, a Los Angeles-based lending platform tailored to startup tech companies and employees, raised a combined Seed and Series A fundraising round of $26 million co-led by Pantera Capital and Human Capital.

Wellth, a Los Angeles-based digital health company, raised a $20 million Series B fundraising round led by SignalFire.

Veloce Energy, Inc., a Los Angeles-based manufacturer of energy storage and infrastructure systems raised $12.5 million in funding, per an SEC filing.

Per an SEC filing, Calcimedia, a San Diego-based developer of therapeutic novel drugs designed to treat acute immune disorders raised $9 million in funding.

Profi, a Glendale-based operating platform designed for professional service providers like coaches, consultants, trainers, and therapists raised $8 million in a seed funding round led by an existing pool of investors.

Santa Fe Springs-based supply chain management platform Gori Co raised $6 million in funding, per an SEC filing.

Los Angeles-based drone delivery company Flyby Robotics raised $4 million in a pre-seed round led by MaC Venture 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).

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LA Tech Week: Technology and Storytelling for Social Good

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.

LA Tech Week: Technology and Storytelling for Social Good
Photo taken by Decerry Donato

On Monday, Los Angeles-based philanthropic organization Goldhirsh Foundation hosted the Technology and Storytelling For Social Good panel at Creative Visions studio to kick off LA Tech week.

Tara Roth, president of the foundation, moderated the panel and gathered nonprofit and tech leaders including Paul Lanctot, web developer of The Debt Collective; Alexis Cabrera, executive director of 9 Dots; Sabra Williams, co-founder of Creative Acts; and Laura Gonzalez, senior program manager of Los Angeles Cleantech Incubator (LACI).

Each of the panelists are grantees of Goldhirsh Foundation’s LA2050, an initiative launched in 2011 that is continuously trying to drive and track progress toward a shared vision for the future of Los Angeles. Goldhirsh’s vision is to make Los Angeles better for all and in order to achieve their goal, the foundation makes investments into organizations, creates partnerships and utilizes social capital through community events.

The panelists shared how the work they are doing in each of their respective sectors uses technology to solve some of society's most pressing challenges and highlight the importance of tech literacy across every community.

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Here’s What To Do At LA Tech Week

Kristin Snyder

Kristin Snyder is dot.LA's 2022/23 Editorial Fellow. She previously interned with Tiger Oak Media and led the arts section for UCLA's Daily Bruin.

Here’s What To Do At LA Tech Week
Evan Xie

This is the web version of dot.LA’s daily newsletter. Sign up to get the latest news on Southern California’s tech, startup and venture capital scene.


MONDAY

LA Hardtech: Local Talent Meets CEOs: Want to see robots in action? This hardtech event will showcase product demos and feature conversations about all things aircrafts, satellites, electric vehicles, robots and medical devices. June 5 from 5 p.m. to 8 p.m. in El Segundo.

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SUPERCHARGE LA: Access to Capital & Cocktails (LA TECH WEEK)

Are you excited for LA Tech Week's most anticipated event: SUPERCHARGE LA: Access to Capital & Cocktails? We can't wait to see you at 1212 Santa Monica on Wednesday, June 7th, from 6-10 p.m.

Get ready for an evening filled with networking, inspiration, and fun with special guests Grammy-winning singer and entrepreneur Miguel, Los Angeles Chargers running back Austin Ekeler, and more!

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