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 (molly@dot.la).


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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 H2scanraised $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 + Entertainmentraised $27 million in Series B funding led by private equity firm TZP Group.

Marina Del Rey-based child care platform WeeCareraised $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 Warpraised 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.

Funds

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

mollywright@dot.la

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Office Hours: Former Lawyer Turned CEO Diankha Linear on Cultivating Community

Spencer Rascoff

Spencer Rascoff serves as executive chairman of dot.LA. He is an entrepreneur and company leader who co-founded Zillow, Hotwire, dot.LA, Pacaso and Supernova, and who served as Zillow's CEO for a decade. During Spencer's time as CEO, Zillow won dozens of "best places to work" awards as it grew to over 4,500 employees, $3 billion in revenue, and $10 billion in market capitalization. Prior to Zillow, Spencer co-founded and was VP Corporate Development of Hotwire, which was sold to Expedia for $685 million in 2003. Through his startup studio and venture capital firm, 75 & Sunny, Spencer is an active angel investor in over 100 companies and is incubating several more.

​Diankha Linear
Diankha Linear

On this episode of Office Hours, Community CEO Diankha Linear joins host Spencer Rascoff to discuss her foray into the startup world and the strategic approaching to scaling up.

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LA Tech ‘Moves’: Dreamscape, LinQuest and PetDX Gain New CEOs

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’: Dreamscape, LinQuest and PetDX Gain New CEOs

“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’: ADARx Pharmaceuticals Lands $46M, PLAI Labs Scores $32M

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’: ADARx Pharmaceuticals Lands $46M, PLAI Labs Scores $32M
This Week in ‘Raises’: ContractSafe Inks $27.5M, Deal Box Collects $125M

A local RNA base-editing platform raised fresh funding to advance its drug development pipeline, while a local Web3 company founded by former MySpace and Jam City founders Chris DeWolfe and Aber Whitcomb scored funding to build out an artificial intelligence backed by generative AI that allows users to create and upload their own digital assets to the game.

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