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.
Santa Monica-based EV manufacturer Battle Motors raised a $150 million Series B investment round from an unnamed global institutional investor.
Bitwarden , a Santa Barbara-based open-source password manager, raised a $100 million Series B funding round led by growth equity firm PSG.
San Diego-based software as a service (SaaS) transportation company Netradyne raised $65 million in debt financing from Silicon Valley Bank.
Pathway Power , a renewable energy and battery storage developer based in San Diego, raised a $36 million commitment from Forest Road Renewables.
Open Raven , a data security company based in Marina Del Rey, raised a $20 million Series B funding round led by Pelion Ventures.
Irvine-based billing and integrated payments platform Chargezoom raised a $10 million Series A funding round co-led by Panoramic Ventures.
Serial entrepreneur Brian Lee and baseball star Derek Jeter co-founded Arena Club , a Los Angeles-based sports card collecting platform. The startup raised $9 million in funding from Lightspeed Venture Partners, Defy.vc, and BAM Ventures.
D’Amelio Brands , the Los Angeles-based business venture of the D’Amelio family, raised $6 million in seed funding . Investors include Richard Rosenblatt, entrepreneur, and business executive Michael Rubin, Apple's senior vice president of services Eddy Cue, and Lions Gate Entertainment CEO Jon Feltheimer.
Los Angeles-based storytelling app Remento raised $3 million in seed funding led by Upfront Ventures.
PowerPlant Partners , a Hermosa Beach-based venture capital and private equity firm, closed $330 million for its third fund to invest in consumer-facing brands and focus on growth-stage companies.
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 ( firstname.lastname@example.org ).