downtown la

downtown la

Silicon Valley-based Plug and Play is coming to downtown L.A.

The organization, known for its accelerator programs and status as a VC firm, held an event announcing the news on Tuesday at 1010 Wilshire Blvd, where its newest cohort will be based.

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The Los Angeles-based disposable camera app Dispo, whose co-founder stepped down after one of his crew members was accused of sexual assault, confirmed it closed a Series A.

The boost for an undisclosed amount is a comeback for the startup marred by the scandal. Alexis Ohanian's Seven Seven Six, Unshackled Ventures, Endeavor, 35 Ventures and F9 Strategies led the round.

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Sashee Chandran made brewing tea as instant as dissolving a heart-shaped tablet into boiling water.

The founder and CEO of Tea Drops calls her product the "bath bomb of tea." With a line of bagless blends like chocolate Earl Grey and pineapple chamomile, Chandran is eying the "legacy-driven industry" she said hasn't changed in years.

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