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.

How Women’s Purchasing Power Is Creating a New Wave of Economic Opportunities In Sports

Samson Amore

Samson Amore is a reporter for dot.LA. He holds a degree in journalism from Emerson College. Send tips or pitches to samsonamore@dot.la and find him on Twitter @Samsonamore.

How Women’s Purchasing Power Is Creating a New Wave of Economic Opportunities In Sports
Samson Amore

According to a Forbes report last April, both the viewership and dollars behind women’s sports at a collegiate and professional level are growing.

Read moreShow less
https://twitter.com/samsonamore
samsonamore@dot.la
LA Tech Week Day 5: Social Highlights
Evan Xie

L.A. Tech Week has brought venture capitalists, founders and entrepreneurs from around the world to the California coast. With so many tech nerds in one place, it's easy to laugh, joke and reminisce about the future of tech in SoCal.

Here's what people are saying about the fifth day of L.A. Tech Week on social:

Read moreShow less

LA Tech Week: Six LA-Based Greentech Startups to Know

Samson Amore

Samson Amore is a reporter for dot.LA. He holds a degree in journalism from Emerson College. Send tips or pitches to samsonamore@dot.la and find him on Twitter @Samsonamore.

LA Tech Week: Six LA-Based Greentech Startups to Know
Samson Amore

At Lowercarbon Capital’s LA Tech Week event Thursday, the synergy between the region’s aerospace industry and greentech startups was clear.

The event sponsored by Lowercarbon, Climate Draft (and the defunct Silicon Valley Bank’s Climate Technology & Sustainability team) brought together a handful of local startups in Hawthorne not far from LAX, and many of the companies shared DNA with arguably the region’s most famous tech resident: SpaceX.

Read moreShow less
https://twitter.com/samsonamore
samsonamore@dot.la
RELATEDEDITOR'S PICKS
Trending