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

LA Venture Podcast: Omar Hamoui on Raising Early Capital Outside the Bay Area

On this week's episode of the L.A. Venture podcast, meet Omar Hamoui, a partner at Mucker Capital. Hamoui is the founder of AdMob, a cornerstone of modern mobile advertising. He discusses being one of the first apps in the app store, and early negotiations with Steve Jobs. Hamoui also talks about how entering the venture world was difficult both then and now, despite his early success selling AdMob to Google for $750 million.

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cannabis

West Hollywood-Based LEUNE Aims to Be the Socially Conscious Cannabis Company

NBA players, talent agents and Snoop Dogg's venture firm are among the investors behind LEUNE, a California cannabis brand eying new U.S. markets.

The company closed a $5 million round on Thursday from big name athletes like Carmelo Anthony, John Wall, Lebron James' agent Rich Paul and Anthony Saleh, who manages artists like Nas and Future.

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space

SpaceX Raised $1.2B, Amended Filings Show

Elon Musk's SpaceX just secured another $314 million, bringing its most recent round to nearly $1.2 billion, according to paperwork filed on Wednesday.

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