LA Tech Updates: TikTok pays Creators as Rivals Dig In, Amazon Reportedly Eyes Sears, J.C. Penny Stores

Taylor Soper, GeekWire
Taylor Soper is GeekWire's managing editor, responsible for coordinating the newsroom, planning coverage, and editing stories. A native of Portland, Ore., and graduate of the University of Washington, he was previously a GeekWire staff reporter, covering beats including startups and sports technology. Follow him @taylor_soper and email taylor@geekwire.com.
LA Tech Updates: TikTok pays Creators as Rivals Dig In, Amazon Reportedly Eyes Sears, J.C. Penny Stores
Photo by Bryan Angelo on Unsplash

Here are the latest updates on news affecting Los Angeles' startup and tech communities. Sign up for our newsletter and follow dot.LA on Twitter for more.

Today:

  • TikTok Pays Creators as Rivals Dig In
  • Amazon Wants to Use Sears and J.C. Penny Stores as Fulfillment Centers: WSJ

          TikTok Doles Out Money to Creators, Batting Away Rivals

          Tiktok announced today the first receipts of a $200 million creator fund including several Los Angeles-based app stars. It comes as the social app faces increased competition from those trying to lure away talent and the threat of an outright ban.

          The company has promised to up their funds for rising U.S. creators to $1 billion over the coming three years.

          Among the 19 selected so far is Los Angeles-based Alex Stemplewski, a photographer who shares the impromptu photo shoots he has with strangers in public with his 9.6M followers.

          There's also Justice Alexander, one of the top Latino creators on the app, who captures quick video of the many pranks he plays on his girlfriend and daughter with his 5.4M followers.

          Well-known TikTok-er David Dobrik recently gave away a Tesla to one of his more than 20M followers as part of a sweepstakes for the most heartfelt story.

          The Creator Fund will open their applications in the middle of the month for anyone 18 years or older looking to expand their work on Tiktok. To be considered, creators must have 10,000 followers or at least 10,000 video views in the last 30 days and follow community guidelines.

          President Trump recently signed an executive order that will ban the Chinese-owned company by September 20th unless it's sold to an American company before that date. TikTok has responded by threatening legal action.

          Amazon Wants to Use Sears and J.C. Penny Stores as Fulfillment Centers: WSJ

          live.staticflickr.com

          Amazon is in talks with mall operator giant Simon Property Group to convert Sears and J.C. Penney department stores into package distribution centers, according to a report from The Wall Street Journal.

          The discussions come as Amazon continues to grow its e-commerce empire which has helped contribute to the downfall of brick-and-mortar retailers including Sears and J.C. Penney, which both filed for Chapter 11 bankruptcy protection. That trend accelerated with the pandemic as malls closed and millions of consumers rely on Amazon for online shopping.

          Shares of Simon Property Group, which has 21 malls in California including the Del Amo Fashion Center, Brea Mall and Ontario Mills, jumped on the news. The company is set to report earnings after Monday's market close.

          Adding more warehouses would help Amazon speed up deliveries as the company plans to offer its Prime members 1-day delivery of their orders. Amazon posted $5.2 billion in profits in the second quarter, doubling its bottom line from the same quarter a year ago, despite spending more than $4 billion on COVID-19 initiatives.

          This story was originally appeared on GeekWire.

          How to Navigate LA Tech Week 2026

          🔦 Spotlight

          Happy Friday, Los Angeles.

          Next week, hundreds of tech events will take over the city, bringing founders, investors, engineers and creators together from October 12 through 18.

          Calling LA Tech Week a conference does not quite capture the experience.

          Presented by Andreessen Horowitz, Tech Week is a decentralized collection of panels, workshops, demonstrations and gatherings hosted independently by startups, venture firms and technology companies. There is no convention center or central stage. The programming stretches from Santa Monica and Venice to Culver City, Downtown, El Segundo and beyond.

          In other words, the city is the venue.

          AI remains the dominant theme for 2026, appearing across enterprise software, healthcare, finance, media and the creator economy. The schedule also reflects industries where Los Angeles has built a particular advantage, including aerospace, defense, robotics, advanced manufacturing, entertainment and consumer technology.

          That range is what makes LA Tech Week distinct. It brings together the software companies shaping what comes next with the industries that already define Southern California.

          The challenge is deciding where to show up.

          Our advice: apply early and organize your schedule by neighborhood. Crossing from Santa Monica to Downtown may look manageable on a calendar created by someone who has never driven in Los Angeles.

          To help you spend more time meeting people and less time crossing the city, we have organized each day’s events by location:

          You can also browse the complete official LA Tech Week calendar.

          Plan carefully, but do not fill every minute. The best conversation of the week may be the one that was never on your calendar.

          More from this week’s LA startup and venture scene below.

          🤝 Venture Deals

            LA Companies

            • El Segundo-based Gallatin AI raised a $50M Series A from new and existing investors including 8VC and Silent Ventures, bringing its total funding to $70M. The defense technology startup will expand its engineering team and advance Navigator, an AI platform that helps U.S. military units coordinate vehicle readiness, supplies, medical logistics and other mission-support operations. - learn more
            • Pasadena-based quantum computing startup Oratomic raised a $475M Series B at a $5.4B valuation, just three months after its Series A. ARCH Venture Partners, Spark Capital, Khosla Ventures, Index Ventures, General Catalyst and Bezos Expeditions co-led the round, bringing Oratomic’s total funding to $775M as it works toward a commercially viable, fault-tolerant quantum computer by 2030. - learn more
            • Torrance-based Fortastra raised a $30M Series A led by First In, with participation from Upfront Ventures, Space Capital, Rsquared, Side Door Ventures, ATX Ventures and existing investors. The company will use the capital to develop its next-generation maneuverable spacecraft, expand its engineering and operations teams and scale production of systems designed to protect critical assets in orbit. - learn more
            • Parallel Systems raised a $100M Series C led by AVP, with participation from Hillspire, Agility Global, Cobalt Capital, Anthos Capital, Congruent Ventures, Riot Ventures and Collaborative Fund. Founded by former SpaceX engineers, the company will use the funding to scale production and commercial deployment of its autonomous, battery-electric Panther rail vehicles, which are designed to make short-haul freight more competitive with trucking. - learn more
            • Gaming studio Gardens Interactive secured more than $35M in a Series B led by Lightspeed, with participation from Sequoia Capital, Index Ventures, Accel, Innovation Endeavors, Zenith Capital and other investors. The company will use the funding to launch and operate its debut social role-playing “strandbox” game, an evolving multiplayer world shaped by players’ actions and interactions. - learn more
            • Outer Spaces raised an $8M pre-seed round led by Upfront Ventures, with participation from Unlock Venture Partners, Mucker Capital and Genius Ventures. The startup is developing outdoor furnishings with integrated solar panels and batteries, turning backyards into sources of clean energy and backup power. - learn more
            • Furientis raised a $25M seed round led by Benchmark at a reported $125M valuation, following a $5M pre-seed announced in May. The defense startup will use the capital to scale production of lower-cost missile interceptors designed to be assembled quickly with readily available components, with a long-term goal of producing 1,000 systems annually at each factory. - learn more
            • Hiyo raised a $20.8M Series B led by Constellation Brands, with returning investor Live Nation also participating. The nonalcoholic beverage company will use the funding to expand its adaptogen- and nootropic-infused social tonics across more than 13,000 retail locations while growing its presence at hospitality venues and live events. - learn more
            LA Venture Funds
            • Navitas Capital participated in Vesta’s $30M Series B, which was led by Conversion Capital and included backing from several major mortgage lenders and financial institutions. The company will use the funding to scale its AI agents across mortgage origination, automating tasks such as application reviews, underwriting decisions and closing-document checks. - learn more
            • MTech Capital led Nettle’s oversubscribed $4.8M seed round, with participation from Project A Ventures, Sure Valley Ventures, Portfolio Ventures and Ventures Together. The insurtech startup will use the funding to expand across the U.S. and Europe while growing its AI platform, which helps commercial insurers identify property risks, accelerate inspections and generate reports. - learn more
            • Bonfire Ventures doubled down on Santé by participating in the company’s $15M Series A, which was led by FINTOP and included other returning investors. The New York startup will use the funding to expand its AI-powered operating system for independent wine and liquor stores, which combines point-of-sale, e-commerce, payments, inventory and marketing tools in one platform. - learn more

            LA Exits

            • Winnow Solutions was acquired by Marina del Rey-based Spring Labs, with financial terms undisclosed. Winnow’s attorney-built library of more than 100,000 state and federal regulatory requirements will become a core part of SpringGRC, helping financial institutions connect changing laws directly to their compliance policies, controls and workflows. - learn more

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              LA Tech Week 2026: Sunday’s Event Lineup

              🔦 Spotlight

              LA Tech Week 2026 closes Sunday with one final day of events across Los Angeles. We have organized the remaining lineup by neighborhood so you can finish the week with a few last conversations before everyone returns to their regularly scheduled inboxes.

              ARTS DISTRICT

              12:00 PM

              CARSON

              12:00 PM

              CULVER CITY

              9:00 AM

              • Women in Cleantech & Sustainability Hike and Network: See Details Here
                Women in Cleantech & Sustainability

              6:00 PM

              • Founders pitch competition: See Details Here
                Biomorphix solutions, Nightingale regenerative

              HOLLYWOOD

              10:00 AM

              4:00 PM

              • AI International: Film, Music Video & Micro-Drama: See Details Here
                AI International Film Festivals

              MID CITY

              1:00 PM

              OTHER

              12:00 PM

              • ORGANIC LIFE LABS™ PRESENTS THE ALIGNMENT LAB: The Science of human performance: See Details Here
                The Blue Room Collective

              SANTA MONICA

              8:00 AM

              1:00 PM

              6:00 PM

              SOUTH LA

              2:00 PM

              • Future Builders : Family STEM Day: See Details Here
                Black L.A. Tech Week (Community Collective)

              VENICE

              10:00 AM

              12:00 PM

              • How to Raise Funds to Fund Any Business Using Digital Products.: See Details Here
                DN Events

              VIRTUAL

              5:00 PM

              WEST HOLLYWOOD

              3:00 PM

              Each session provides unique opportunities to gain insights, network, and explore various fields of tech innovation. For updates or more event information, visit the official Tech Week calendar.

              Download the dot.LA App

              LA Tech Week 2026: Saturday’s Event Lineup

              🔦 Spotlight

              LA Tech Week 2026 heads into the weekend Saturday with more opportunities to learn, meet fellow builders and explore what is being created across the region. Browse the day’s events by neighborhood below and find the gatherings worth leaving the house for.

              ARTS DISTRICT

              5:30 PM

              BEL AIR

              5:00 PM

              CULVER CITY

              10:00 AM

              1:00 PM

              4:00 PM

              DOWNTOWN

              11:00 AM

              2:00 PM

              • South Asians in Space, Physical AI: See Details Here
                american south asian network

              5:00 PM

              7:00 PM

              HOLLYWOOD

              8:00 PM

              INGLEWOOD

              10:00 PM

              LONG BEACH

              10:00 AM

              12:00 PM

              LOS FELIZ

              8:30 AM

              • Griffith Observatory Hike with Longevity Cities & Don't Die LA: See Details Here
                Longevity Cities

              MALIBU

              5:00 PM

              MARINA DEL RAY

              9:30 AM

              • The Brazen Capital Walk: Connecting Women, Capital & Opportunity: See Details Here
                BrazenEra

              6:00 PM

              • Build an AI workflow editor, natively in Angular: See Details Here
                Workflow Builder

              SANTA MONICA

              7:00 AM

              • Founders Running Club Run in Santa Monica: See Details Here
                Founders Running Club, MongoDb

              9:00 AM

              • MOLTEN - Spatial hackathon (ElevenLabs, AssemblyAI, Rokoko, Datafeel...): See Details Here
                Field Lab

              2:00 PM

              3:30 PM

              6:00 PM

              7:00 PM

              SOUTH LA

              7:00 PM

              THE VALLEY

              7:30 PM

              UCLA

              11:00 AM

              USC

              9:00 AM

              10:00 AM

              10:30 AM

              VENICE

              8:00 AM

              • Open Air Health Tech: See Details Here
                Open Air Health Tech, Bowshock, Govitamins App

              10:00 AM

              10:30 AM

              11:00 AM

              12:00 PM

              6:00 PM

              • Bots, Bytes & Bubbles Benefit: See Details Here
                Distinguished Minds Institute dba thinqueBytes®

              VIRTUAL

              9:00 AM

              • Ask a VP of Sales: Live GTM Office Hours for Early-Stage B2B Founders: See Details Here
                Kat Rucker Consulting Group

              11:00 AM

              WEST HOLLYWOOD

              11:00 AM

              • The 10x Engineer Showed Up. The 10x Organization Didn't.: See Details Here
                Workflow Builder, Tentaro

              3:00 PM

              WESTSIDE

              11:00 AM

              2:00 PM

              • Graphic Design & Digital Printing Meetup: See Details Here
                Big Frog Custom T-Shirts & More of West LA

              7:00 PM

              WESTWOOD

              12:00 PM

              Each session provides unique opportunities to gain insights, network, and explore various fields of tech innovation. For updates or more event information, visit the official Tech Week calendar.

              Download the dot.LA App

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