Startup Studio Alive Ventures raised $12 million to fund entrepreneurs designing products for a graying population and it's enlisting the help of people like famed Apple designer Don Norman to rethink the golden years.

Seniors have often been an afterthought for designers, who often focus their products on youth. But the growing spending power of Baby Boomers, along with their more active lifestyles and longer lives have altered how entrepreneurs are viewing those in their retirement years.

Read more Show less

Here are the latest updates on news affecting Los Angeles' startup and tech communities. Sign up for our newsletter and follow dot.LA on Twitter for more.

Today:

  • Disney Plus Surpasses 60 Million Subscribers
  • Rocket Lab Boosts Payload Capacity
  • Microsoft Backs Maker of Voice-Activated Chip, Syntiant, in $35M Round
Read more Show less

ABL Space Systems, a startup building low-cost launch vehicles for small satellites, announced that it raised over $90 million and plans to launch its first orbital mission by the first quarter of next year.

The El Segundo-based company secured $44.5 million in Air Force contracts and another $49 million in private funds led by Ethan Batraski at Venrock with participation from New Science Ventures, Lynett Capital, and Lockheed Martin Ventures.

Read more Show less

Trending