Venture Capital
The latest news about venture capital in Southern California from dot.LA.

JAM Fund, the venture capital firm launched by former Tinder chief marketing officer Justin Mateen, secured nearly a quarter of a billion dollars over the summer for a new fund.

A prolific angel investor, Mateen told Business Insider earlier this year he had a preference for founders who have a "chip on their shoulder."

Mateen, who co-founded the dating app that brought the world "swipe right" and countless unwelcome sexual solicitations, locked down his first investment for the recent fund on July 16. Since then he's raised at least $247.5 million from 15 undisclosed limited partners, a recent regulatory filing reveals.

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Fifth Wall, the fast-growing real estate tech venture firm, revealed Monday that it has scored $140 million for its Early-Stage Climate Technology Fund. That's up from $116.8 million earlier this month, when the firm last disclosed its fundraising efforts for the climate investment vehicle in an amended SEC filing.

In December, Fifth Wall announced it had brought in prolific clean-tech investor Greg Smithies to head its efforts to "decarbonize the built world." That's when the firm went public about its plan to raise at least $200 million to invest in climate tech. The firm said today that it has brought in another partner to co-lead its climate team: Peter Gajdoš, the San Francisco-based former head of venture investments for wealth management group IPM.

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On this episode of LA Venture, Chirag Chotalia talks about his journey from Pritzker Group to DFJ to Threshold Ventures.

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