Billboard advertiser AdQuick raised $6 million in a Series A round as the company looks to expand its market and develop better analytics.

The round was led by Reddit co-founder Alexis Kerry Ohanian's Initialized Capital with WndrCo, Shrug Capital, The Todd & Rahul Angel Fund and Michael Kassan's MediaLink brings total funding to $9.49 million.

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Former BET Networks chief Debra Lee found it lonely at the top as one of the only women of color in the C-suite, so more than a decade ago she created Leading Women Defined.

After leaving the Viacom-run network in 2018, the executive leaned into her project. And she's looking to expand the invite-only gathering of powerful women that draws players like Michelle Obama and Hillary to a larger pool of founders, funders and others.

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Luxury electric carmaker Karma Automotive laid off 60 people mostly from its Irvine headquarters as its repositions itself from a retail auto seller to a designer for larger vehicle makers and technology companies. That's on top of another 200 workers cut three months ago, shrinking their workforce by about 25% since October.

Many of those pink slipped are engineers, according to filings with the California Employment Development Department earlier this month.

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