This Week in ‘Raises’: Thatgamecompany Lands $160M, M13 Launches $400M Fund
Molly Wright is an intern for dot.LA. She previously edited the London School of Economics' student newspaper in the United Kingdom, interned for The Hollywood Reporter and was the blogging editor for UCLA's Daily Bruin.
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).
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Venture Capital
Thatgamecompany, a Santa Monica-based video game developer, raised $160 million in funding from TPG and Sequoia Capital.
Counterpart, an L.A.-based insurtech startup, raised $30 million in Series B funding led by Vy Capital.
Emotive, an L.A.-based text marketing platform, raised $15.7 million in equity funding, according to an SEC filing.
H2U Technologies, a Chatsworth-based green hydrogen tech company, raised $11 million in Series A funding led by Jericho Energy Ventures, Freeflow Ventures, VoLo Earth Ventures, and Hess Corporation.
L.A.-based NFT platform DNABlockraised $7 million in seed funding led by Sfermion, Solana Ventures, Animoca Brands and Non-Fungible Labs.
L.A.-based Masienda, which produces non-GMO corn products, raised $6.45 million in funding, according to SEC filings.
ImmunoVec, a Santa Monica-based gene therapy startup, raised $4.3 million in funding, according to an SEC filing.
HearHere, a Santa Barbara-based road-trip storytelling app, raised $3.2 million in seed funding led by Camping World.
KYX, an Encino-based sneaker rental startup, raised $3 million in seed funding led by SeventySix Capital.
L.A.-based short-term rental marketplace The Host Co.raised $1.85 million in seed funding led by HearstLab.
Funds
M13, a Santa Monica-based venture capital firm focused on consumer-tech startups, raised $400 million for its third fund.
Hawke Ventures, the venture capital arm of L.A.-based marketing consultancy Hawke Media, raised $16.4 million for its second fund, according to an SEC filing.
Molly Wright is an intern for dot.LA. She previously edited the London School of Economics' student newspaper in the United Kingdom, interned for The Hollywood Reporter and was the blogging editor for UCLA's Daily Bruin.
Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.
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