outpost space

outpost space

Modified by Joshua Letona

A Sherman Oaks-based rental platform raised fresh funding for its software system, while Yotta Energy received a $1.23 million award from the California Energy Commission (CEC) to examine reduction in greenhouse gas emissions.

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Venture Capital

RentSpree, a Sherman Oaks-based rental management software provider, raised $17.3 million in Series B financing led by Green Visor Capital to help facilitate new partnerships and expand their software offerings.

San Diego’s Learnsoft, a SaaS-based learning technology platform raised a $16.7 million Series A round of growth financing led by Elsewhere Partners.

Culver City-based Manufactured, a supply-chain finance and distribution company, raised $13 million in debt and equity from Tenacity Venture Capital and TriplePoint Capital.

Los Angeles-based live streaming app Stacked raised $12.9 million in Series A funding led by Pantera Capital.

Santa Monica-based sustainable space company Outpost Space raised a $7.1 million seed funding round led by Moonshots Capital.

Warren James, a Los Angeles-based creator merch startup, raised $6 million in Series A funding led by Crossbeam Venture Partners.

Los Angeles-based Web3 company Koop raised a $5 million funding round co-led by 1confirmation and Variant Fund to help companies launch NFT-based membership passes while fundraising.

Miscellaneous

Yotta Energy, a Santa Ana-based company that develops energy storage technology received a $1.23 million award from the California Energy Commission (CEC).

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).

Image courtesy of Outpost.Space

Los Angeles’ reusable rocket scene is blowing up, with firms like Rocket Lab, Relativity Space, Varda and Masten Space Systems taking SpaceX’s lead and developing spacecraft that can be launched multiple times. But until recently, there weren’t many firms focused on recycling satellites.

Enter Outpost, a Santa Monica-based maker that’s trying to make the small satellite market more sustainable. Outpost announced Tuesday it has raised $7.1 million in a seed round led by Moonshots Capital. The company will use the funding to continue building its technology and hire more talent both locally and remotely.

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