This Week in ‘Raises’: SaveLive Lands $135M, Wilshire Lane Hauls $40M for Proptech Fund

Molly Wright

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.

This Week in ‘Raises’: SaveLive Lands $135M, Wilshire Lane Hauls $40M for Proptech Fund
Photo by Viacheslav Bublyk on Unsplash

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 (


Venture Capital

L.A.-based SaveLive, which looks to acquire small music venues that have been hurt by the pandemic, has raised $134.5 million in funding, according to an SEC filing.

Valencia-based hydrogen sensor maker H2scan raised $70 million in capital from U.K.-based investment group LetterOne and South Korean energy company GS Energy.

Good Culture, an Irvine-based cottage cheese brand, raised $64 Million in Series C funding led by nutrition-focused investment firm Manna Tree.

Santa Monica sports media startup Wave Sports + Entertainment raised $27 million in Series B funding led by private equity firm TZP Group.

Marina Del Rey-based child care platform WeeCare raised $17 million in new funding, according to an SEC filing.

L.A.-based Fama, which helps HR departments screen job applicants’ social media presence, raised $10 million in Series B funding led by Silverton Partners.

De La Calle, an L.A.-based beverage startup, raised a $7 million growth equity round led by private equity firm KarpReilly.

L.A.-based freight management platform Warp raised a $2.4 million seed round led by Bee Partners.

DishDivvy, a Glendale-based food marketplace app, raised $1.3 million in pre-seed funding led by 10X Venture.


L.A.-based, proptech-focused venture capital firm Wilshire Lane Capital raised $40 million for its first fund from investors including JPMorgan Asset Management, Nile Capital and Morgan Properties.

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Plus Capital Partner Amanda Groves on Celebrity Equity Investments

Minnie Ingersoll
Minnie Ingersoll is a partner at TenOneTen and host of the LA Venture podcast. Prior to TenOneTen, Minnie was the COO and co-founder of $100M+, an online marketplace for used cars. Minnie started her career as an early product manager at Google. Minnie studied Computer Science at Stanford and has an MBA from HBS. She recently moved back to L.A. after 20+ years in the Bay Area and is excited to be a part of the growing tech ecosystem of Southern California. In her space time, Minnie surfs baby waves and raises baby people.
PLUS Capital​’s Amanda Groves.
Courtesy of Amanda Groves.

On this episode of the L.A. Venture podcast, Amanda Groves talks about how PLUS Capital advises celebrity investors and why more high-profile individuals are choosing to invest instead of endorse.

As a partner at PLUS, Groves works with over 70 artists and athletes, helping to guide their investment strategies. PLUS advises their talent roster to combine their financial capital with their social capital and focus on five investment areas: the future of work, future of education, health and wellness, the conscious consumer and sustainability.

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Rivian Stock Roller Coaster Continues as Amazon Van Delivery Faces Delays

David Shultz

David Shultz is a freelance writer who lives in Santa Barbara, California. His writing has appeared in The Atlantic, Outside and Nautilus, among other publications.

Rivian Stock Roller Coaster Continues as Amazon Van Delivery Faces Delays
Courtesy of Rivian.

Rivian’s stock lost 7% yesterday on the back of news that the company could face delays in fulfilling Amazon’s order for a fleet of electric delivery vans due to legal issues with a supplier. The electric vehicle maker is suing Commercial Vehicle Group (CVG) over a pricing dispute related to the seats that the supplier promised, according to the Wall Street Journal.

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