This Week in ‘Raises’: Triller Grabs $310M, GordonMD Lands $83M

Decerry Donato

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.

This Week in ‘Raises’: Triller Grabs $310M, GordonMD Lands $83M
Modified by Joshua Letona

Los Angeles-based social video app Triller received an equity capital infusion to aid its plans to go public, while West Hollywood-based AmazeVR received fresh funding to further expand its VR concert experience.


Venture Capital

Social video app Triller raised $310 million in equity capital from Global Emerging Markets (GEM).

AmazeVR, a West Hollywood-based virtual concert platform, raised $17 million in a Series B funding round led by Mirae Asset Capital.

Qnovia, a Los Angeles-based pharmaceutical company, raised $17 million in a Series A funding round led by Blue Ledge Capital.

GrayMeta Inc., a database management platform, raised $14 million in equity, per an SEC filing.

Sexual wellness brand Cake, based in Inglewood, raised $8 million in a Series A funding round led by Silas Capital.

Pulp Culture, a Los Angeles-based fermented juice company, raised a $7 million Series A funding round. Investors include The Kale Fund; Vibrant Ventures; Roger Lienhard of Blue Horizon; biotech entrepreneur Marc Lustig; tech entrepreneur Kyle Vogt; fashion entrepreneurs Michael Mente and Raissa Gerona, and Alexis Ohanian.

San Diego-based e-bike manufacturer Ride1Up, raised a $6.5 million Series A funding round led by Ecosystem Integrity Fund.

Chubby Snacks, a Los Angeles-based startup known for its cloud-shaped peanut butter and jelly sandwiches, raised $3.25 million in capital from CPG founders and institutions. The investors include MVMT’s cofounder Jake Kassan; founder of The Angel Group Adam Spriggs; Patrick Schwarzenegger, co-founder of MOSH; Jeff Weisberg, CEO of J.W. Sales & Marketing; as well as the D’Amelio family’s 444 Capital; and Villam Ventures, the family office of RXBar’s cofounder Jared Smith.

Los Angeles-based media company Jubilee raised a $1.1 million seed-plus round led by Strong Ventures with participation from other tech execs, including YouTube co-founder Steve Chen and Patreon co-founder Sam Yam.

Funds

An SEC filing shows GordonMD, a Beverly Hills-based private equity firm, raised $83 million for its Long Biased Fund.

According to an SEC filing, Venice-based private venture capital and private equity firm Riot Ventures closed a $6.8 million opportunity fund.

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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10 Viral TikTok Tech Gadgets To Buy This Holiday Season

Decerry Donato

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.

10 Viral TikTok Tech Gadgets To Buy This Holiday Season

Part of TikTok’s evolution over the years includes becoming another outlet for consumers to purchase popular gadgets. The app generated $821 million in global consumer spending across the App Store and Google Play in the first quarter of 2022 alone.

And since the holiday season is among us, it’s time to get some gifts checked off your list. So here’s 10 tech gadgets that went viral on TikTok that you can buy for your loved ones.

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LA Tech ‘Moves’: Disney Taps Bob Iger for CEO, Former Meta Exec Joins DeSo

Decerry Donato

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.

LA Tech ‘Moves’: Disney Taps Bob Iger for CEO, Former Meta Exec Joins DeSo
LA Tech ‘Moves’:

“Moves,” our roundup of job changes in L.A. tech, is presented by Interchange.LA, dot.LA's recruiting and career platform connecting Southern California's most exciting companies with top tech talent. Create a free Interchange.LA profile here—and if you're looking for ways to supercharge your recruiting efforts, find out more about Interchange.LA's white-glove recruiting service by emailing Sharmineh O’Farrill Lewis (sharmineh@dot.la). Please send job changes and personnel moves to moves@dot.la.

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This Week in ‘Raises’: Swell Energy Lands $120M, Modyfi Draws in $8M

Decerry Donato

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.

This Week in ‘Raises’: Swell Energy Lands $120M, Modyfi Draws in $8M
This Week in ‘Raises’:

As funding in Los Angeles continues to slow down, Swell Energy still managed to raise fresh funding to accelerate the company's mission to deploy 26,000 energy storage systems in homes and businesses across the United States.

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