open raven

open raven

Modified by Joshua Letona

Romeo Power founder Mike Patterson’s EV trucking company Battle Motors raised a new round of funding to expand production, and PowerPlant Ventures closed its third fund to inject $15 million to $40 million into growth stage companies.

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Illustration by Ian Hurley

In Los Angeles—like the startup environment at large—venture funding and valuations skyrocketed in 2021, even as the coronavirus pandemic continued to surge and supply chain issues rattled the economy. The result was a startup ecosystem that continued to build on its momentum, with no shortage of companies raising private capital at billion-dollar-plus unicorn valuations.

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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:

  • Open Raven Adds Three Cloud and Security Veterans to its Team
  • Tinder Tests Video Feature for Pandemic Dating
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