This Week in ‘Raises’: Kneron Gains $48M, Loop Lands $40M

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’: Kneron Gains $48M, Loop Lands $40M
Modified by Joshua Letona

San Diego-based Kneron, a developer of application-specific integrated circuits designed to offer AI-based tools raised fresh capital to create the next generation of innovative edge AI chips, while Loop Global will allocate its new funding to continue expanding operations across the U.S.


Venture Capital

Kneron, a San Diego-based AI company, raised $48 million in a Series B funding round led by Horizons Ventures.

Loop Global Inc., an El-Segundo-based provider of EV charging stations raised a $40 million Series A-1 funding round co-led by Fifth Wall Climate and Agility Ventures.

San Diego-based developer of voice analytics Clearspeed raised a $27 million Series C financing round co-led by Ian McKinnon, founder of Sandia Holdings, LLC and Thomas O’Malley Jr., founder of PilotRock Investments.

Los Angeles-based health care startup that helps patients get cost-effective medical assistance, Renee, raised an $8.2 million seed round. Investors include AARP, Quiet Capital, Tau Ventures, Mucker Capital, Fika Ventures, SaaS Ventures, Global Founders Capital and Citylight Ventures.

Yummers, a San Diego-based pet food startup, raised a $6.3 million seed round led by L Catterton.

Los Angeles-based augmented reality platform Fabric, raised $4 million in fresh funding led by Sapir Venture Partners.

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

10 TikTok Gadgets That Went Viral In 2022

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.

10 TikTok Gadgets That Went Viral In 2022

Part of TikTok’s evolution over the years includes becoming another outlet for consumers to purchase popular gadgets. The app generated $821 million in global consumer spending across the App Store and Google Play in the first quarter of 2022 alone.

And since the holiday season is among us, it’s time to get some gifts checked off your list. So here’s 10 tech gadgets that went viral on TikTok that you can buy for your loved ones.

Read moreShow less

LA Tech ‘Moves’: Disney Taps Bob Iger for CEO, Former Meta Exec Joins DeSo

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 ‘Moves’: Disney Taps Bob Iger for CEO, Former Meta Exec Joins DeSo
LA Tech ‘Moves’:

“Moves,” our roundup of job changes in L.A. tech, is presented by Interchange.LA, dot.LA's recruiting and career platform connecting Southern California's most exciting companies with top tech talent. Create a free Interchange.LA profile here—and if you're looking for ways to supercharge your recruiting efforts, find out more about Interchange.LA's white-glove recruiting service by emailing Sharmineh O’Farrill Lewis (sharmineh@dot.la). Please send job changes and personnel moves to moves@dot.la.

Read moreShow less

This Week in ‘Raises’: Swell Energy Lands $120M, Modyfi Draws in $8M

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’: Swell Energy Lands $120M, Modyfi Draws in $8M
This Week in ‘Raises’:

As funding in Los Angeles continues to slow down, Swell Energy still managed to raise fresh funding to accelerate the company's mission to deploy 26,000 energy storage systems in homes and businesses across the United States.

Read moreShow less
RELATEDEDITOR'S PICKS
LA TECH JOBS
interchangeLA
Trending