Watch: Venture Capital in Southern California & Asia
Over the last decade, Los Angeles has developed one of the leading startup ecosystems in the world. Venture capital investment in the city's startups has grown dramatically, and an increasing share is coming from Asia.
Major Chinese companies including Baidu, Tencent, Alibaba and Wanda Group have invested in local startups, many of which want to gain a toehold in key Asian markets. Wavemaker Partners, which is co-headquartered in Santa Monica and Singapore, recently announced the close of its third and largest fund focused on Southeast Asia.
Will this trend continue in spite of rising political tensions and economic uncertainty fueled by the ongoing COVID-19 fallout? What does the future hold for VC-funded start-ups on both sides of the Pacific?
Join us for an wide-ranging discussion with venture capitalists Seamon Chan, co-founder and managing partner at Palm Drive Capital and an advisory board member of Asia Society Southern California; Eric Manlunas, founder and managing partner of Wavemaker Partners and Yida Gao, general partner at Struck Capital, as they explore cross-border VC investments and opportunities between Southern California and Asia. Ben Bergman, senior reporter at dot.LA, will moderate.
- LA Seed Investment is Down, But Better Than Expected - dot.LA ›
- How the WeChat Ban Could Ripple Through California Tech - dot.LA ›
- Pandemic, Strained U.S. China Relations Force Investors to Pivot - dot.LA ›
Subscribe to our newsletter to catch every headline.
Twenty Years Ago Susan Helms Became the First Woman to Reach the International Space Station. Now, She’s Paving the Way for New Firsts
Twenty years ago today Lt. Gen. Susan Helms arrived at the International Space Station where she would go on to carry out a historic mission.
During a five-month stint at the station, she emerged to take a spacewalk with fellow astronaut Jim Voss that spanned nearly nine hours, breaking world records for both the longest spacewalk ever and the longest completed by a woman.
Since then, she's been on another mission to inspire a new generation of aerospace pioneers and help them build their own legacy.
- Slingshot Aerospace, The Third Floor Work with Space Force - dot.LA ›
- Slingshot Aerospace's Melanie Stricklan on 'Female Founders ... ›
- Slingshot Aerospace Melanie Stricklan on Aerospace's Future - dot.LA ›
On this week's episode of the L.A. Venture podcast, Taj Eldridge talks about his newly-launched $250 million fund, Include Ventures aimed at Black and Brown founders and investors. The fund is part of VC Include, a platform that aims to accelerate investment into women, Black, Latinx, Indigenous and LGBTQ people.
"Some of the founders I talked to have said they don't want to get funding just because they're Black, said Taj. "And my thing is, well, I've seen the opposite side of it. I've seen not getting money because I'm Black. So, you know, right now, let's just move things forward."
Taj is passionate about reducing the wealth gap through Black and Brown ownership and continuing the work he does with Los Angeles Cleantech Incubator (LACI), where he's the senior director for investment.
"Don't invest in clean tech just because it is a moralistic issue or its future-proofing," he said. "As we've seen in what's happening in Texas now with the grid and everything else, It's a public health issue. It's an economic issue. It's a social issue."
- Halogen Ventures Launches Diversity Fellowship - dot.LA ›
- Ten Venture Capital Firms Commit to 'Diversity' Rider' - dot.LA ›
A 24-year-old unemployed college graduate frustrated by the tedious process of finding his grandmother a vaccine appointment created a new site to make it easier.
Find My Vax LA translates appointment information to any language, searches for open slots by zip code and on Friday released a Twitter bot that alerts followers of availability.
Andrew Friedman was hit with the same idea software engineers across the country have chased since public officials started distributing the COVID-19 shot.
- Coronavirus Vaccines and Test Startups Are Being Supported by ... ›
- How Los Angeles is helping track COVID vaccinations - dot.LA ›
- Curative Will Help Administer Vaccines at Dodger Stadium - dot.LA ›
- Why Is It so Hard to Book a COVID Vaccine Appointment? - dot.LA ›
- Three COVID-19 Vaccines Being Developed in Los Angeles - dot.LA ›