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Fun for Funds Festival (Image c/o AI LA)

A Custom Home Built in 33 Days

In the suburbs of Silver Lake, Cover — a technology company that builds custom backyard homes is showcasing their latest, life-size lego abode. Their latest $270,000 accessory dwelling unit (ADU) is built atop a garage on a slanted hill that required some standard contracting work. But other than laying the concrete foundation every other part of this home was built in Cover’s new 80,000 square feet factory in Gardena.

If Tesla was in the home-building business, this is what it would look like.

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Courtesy of TRIPP

Tripp, the virtual reality meditation startup that simulates psychedelic experiences, has raised $11.2 million in new Series A funding, the Los Angeles-based company announced Wednesday.

San Francisco-based BITKRAFT Ventures led the round and was joined by the Amazon Alexa Fund, Qualcomm, HTC, “Pokémon Go” developer Niantic and existing investor Mayfield. The new funding is an extension on Tripp’s initial $11 million Series A round last year and brings the startup’s total capital raised to more than $26 million.

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