A local RNA base-editing platform raised fresh funding to advance its drug development pipeline, while a local Web3 company founded by former MySpace and Jam City founders Chris DeWolfe and Aber Whitcomb scored funding to build out an artificial intelligence backed by generative AI that allows users to create and upload their own digital assets to the game.
***
Venture Capital
ADARx Pharmaceuticals, a San Diego-based RNA base-editing platform, raised a $46 million Series B-1 funding round led by Ascenta Capital.
Los Angeles-based Web3 company PLAI Labs, raised a $32 million seed funding round led by a16z (formerly Andreessen Horowitz).
Spatial LABS, a Los Angeles-based Web3 and hardware company raised a $10 million seed funding round led by Blockchain Capital.
San Diego-based e-commerce and fulfillment platform Speakeasy Co. raised $6.8 million for its third seed round led by InvestBev.
StoryCo, a Los Angeles-based company that is focused on allowing fans to help collaborate and generate content based on established Hollywood properties, raised $6 million in funding led by Collab + Currency and Patron.
Los Angeles-based direct to consumer scientific research company People Science raised $5.3 million in a second seed round of funding led by Acre Venture Partners.
Per an SEC filing, Los Angeles-based car-sharing marketplace HyreCar Inc. raised $3.7 million in funding.
Monrovia-based water management service VivoAquatics Inc. raised $2 million in funding, per an SEC filing.
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).