Mira, the augmented-reality startup based in Los Angeles, announced last week it raised $10 million in funding led by Sequoia, Happiness Ventures and Blue Bear Capital.
The company has been developing software that aims to streamline workflow and connect supervisors and workers remotely.
Co-founders Ben Taft, Matt Stern and Montana Reed began work on their prototype as students at USC's Jimmy Iovine and Andre Young Academy for Innovation. At the time, Taft worked at Daqri, an L.A. startup building an expensive AR-enabled hardhat helmet for industrial workers. Stern and Matt had previously helped build Sony's first Playstation VR.
Valence, a tech platform and professional network launched last year that connects Black founders, announced its inaugural funding network Thursday. The list includes investors at top firms including Sequoia Capital, Accel and Upfront Ventures.
"For years, Black entrepreneurs have been told that Silicon Valley is a meritocracy, but at the same time most haven't had access to the top networks, the warm introductions, and the mentorship that underpin lasting success in tech. Valence is upending this completely by bringing the top VCs to compete for the best Black entrepreneurs." said Valence co-founder and general partner at Upfront Ventures, Kobie Fuller. "We want to even the playing field with the goal of exponentially growing the number of Black-owned startups that get funded."
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