This Week in ‘Raises’: Surf Air Mobility Lands $450M, Skydance Media Collects $400M

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’: Surf Air Mobility Lands $450M, Skydance Media Collects $400M
Modified by Joshua Letona

Hawthorne-based Surf Air Mobility inked a deal with Jetstream Aviation Capital that committed to purchase up to 250 hybrid and fully-electric powertrains, while Santa Monica-based Skydance Media landed fresh funding to accelerate growth in sports, interactive entertainment and animation.


Venture Capital

Surf Air Mobility, a Hawthorne-based electric aviation and air travel company, raised $450 million in financing from Jetstream Aviation Capital.

Skydance Media, a Santa Monica-based provider of film production services raised a $400 million strategic investment round led by KKR.

Santa Cruz-based electric aircraft startup Joby Aviation raised $60 million in fresh funding from Delta Airlines.

Pleno, a San Diego-based developer of a multi-omic instrument platform designed for biological target detection for clinical testing and biomedical research, raised a $40 million series A funding round led by Deerfield Management.

West Hollywood-based financial wellness and benefits platform Northstar raised $24.4 million in new funding led by GGV Capital.

VUZ, a Los Angeles and Dubai-based social app that offers virtual reality-based entertainment experiences, raised $20 million in series B investment. Investors include Caruso Ventures, Vision VC Fund, e& capital, Dubai Future District Fund, Webit Investment Network, SRMG, Elbert Capital, Yasta Partners, Faith Capital and Panthera Capital.

Newport Beach-based automated artificial intelligence and machine learning platform NumberOne AI raised $13 million in funding from Art Coviello, Aidan Kehoe, Alex Weiss, Ray ZadjNmool, Drumwright Investments, B5 Capital and Miramar Digital Ventures.

Arro, a Los Angeles-based fintech company, raised a $10 million seed funding round led by Crosslink Capital.

Santa Monica-based digital entertainment studio Muus Collective raised a $5 million seed round led by Griffin Gaming Partners.

Talespin, a Culver City-based virtual learning platform, raised new funding from the WestRiver Group (WRG), but the financial details of the investment were not disclosed.

Funds

Hackman Capital Partners, a Culver City-based real estate investment and operating company, raised a $1.4 billion fund.

FP Solutions, a Los Angeles-based venture capital firm raised $3 million in seed funding to develop the hardware ecosystem in Los Angeles.

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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