Venture Capital

The latest news about venture capital in Southern California from dot.LA.
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THC-infused savory snacks are getting a boost from Snoop Dogg.

TSUMo Snacks—a cannabis brand offering tortilla chips and cheese puffs infused with a 10-milligram dose of THC per bag—has raised a $4 million seed funding round led by Los Angeles venture capital firm Casa Verde, the companies announced Thursday.

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Image courtesy of Vertex Ventures

Vertex Ventures U.S. has a new $200 million fund devoted to early-stage business-to-business startups, with a focus on digital infrastructure. L.A.-based partner Dom Perri joined this episode of LA Venture to talk about the new fund, and offer insights from his career in corporate and business development.

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Image courtesy of Shutterstock

A coalition of Latino venture capitalists and business advocacy organizations have voiced their frustration with new data indicating that Latino startup founders continue to have a disproportionately hard time raising money to fund their ventures, and have called for investors to “commit to meaningfully moving the needle” to address inequities.

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