This Week in ‘Raises’: Spotter and Epirus Haul $200M Each, Fifth Wall Launches Euro 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 Molly Wright.
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Venture Capital
Spotter, an L.A.-based startup that licenses YouTube creators’ back catalogs, raised a $200 million Series D round led by SoftBank.
Torrance-based defense contractor Epirusraised $200 million in Series C funding led by T. Rowe Price Associates.
Pasadena-based drug discovery biotech firm Terray Therapeuticsraised $60 million in Series A funding led by Madrona Venture Group.
Equip, a San Diego-based telehealth platform focused on treating eating disorders, raised $58 million in funding led by The Chernin Group.
FitOn, a West Hollywood-based at-home fitness app, raised $40 million in Series C funding led by Delta-v Capital.
Cann, an L.A.-based cannabis-infused beverage brand, raised a $27 million Series A round from investors including Imaginary Ventures and celebrities like Nina Dobrev, Adam Devine and Rosario Dawson.
Talespin, a Culver City-based startup providing virtual reality workplace training programs, raised $20 million in Series C funding co-led by SEEK Investments and Allomer Capital.
PatientFi, an Irvine-based patient financing startup, raised a $15 million equity round led by Patriot Financial Partners.
KOS, a Santa Barbara-based plant-based nutrition brand, raised a $12 million Series A round led by Clayton Christopher and Brian Goldberg.
Venice-based Clix, a multi-platform streamer, raised $10 million in Series A funding from private investors.
Encore, an L.A-based live performance app co-founded by Kid Cudi, raised $9 million in seed funding led by Battery Ventures.
Avenda Health, Culver City-based medical device and software company, raised $6.4 million in funding, according to SEC filings.
Profi, an L.A.-based software platform for service providers, raised $6 million in seed funding from private investors.
Voilà!, an L.A.-based social commerce platform, raised a $6 million Series A round led by Sinovation Ventures.
Santa Monica-based digital health company Lifeforce Digitalraised $5.5 million in funding, according to an SEC filing.
Portals, an L.A.-based metaverse platform, raised $5 million in seed funding led by Greylock Partners.
L.A.-based Web3 music licensing marketplace Dequencyraised a $4.5 million investment round led by Borderless Capital.
Uni, a L.A-based body care line, raised $4 million in seed funding led by Ashton Kutcher’s SOUNDWaves fund.
Northridge-based cloud communications startup Telgorithmraised a $3.8 million seed round led by Bonfire Ventures.
Venice-based online optical brand Lensablraised $3 million in funding, according to an SEC filing.
Slope, an L.A.-based marketing agency, raised $3 million in funding, according to an SEC filing.
L.A.-based HERE Studioraised $2.5 million from private equity firm KarpReilly to launch its prebiotic soda brand, VINA.
Santa Monica-based sustainable beauty brand Common Heirraised $2.5 million in funding from investors including Trousdale Ventures and Mucker Capital.
L.A.-based performance beverage company Barcode raised $2.2 million in funding from investors including Erewhon Market, Trousdale Ventures, Kelly Rowland and Maurice Harkless.
Funds
L.A.-based short-term hospitality startup AvantStayraised a $500 million propco fund in partnership with real estate investment firm Saluda Grade.
Marina Del Rey-based proptech venture capital firm Fifth Wallraised $159 million for its first European fund.
L.A.-based investment firm The Chernin Group is reportedly partnering with Austin, Texas-based talent agency Night Media on a growth equity fund called NightCap.
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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.
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