LA-Tokyo entertainment tech fund hires VC; EVgo reduces charging station prices; and Scalefast raises $8 million in Series A funding.

LA-Tokyo Entertainment Tech Fund Hires VC

Akatsuki Entertainment Technology Fund (AET Fund), a $50 million investment vehicle launched last year by Los Angeles and Tokyo-based Akatsuki Inc., announced the hiring of Mark Linao as principal, Screendaily reports. Linao currently serves as a venture partner at Candela Partners, an angel and pre-seed fund focused on mixed reality, computer vision and mapping.

EVgo Reduces Charging Station Prices

EVgo, the nation's largest network of public electric vehicle (EV) DC fast-charging stations, announced price drops that go into effect immediately, PR Newswire reports. The new pricing includes two options: a Pay As You Go rate with a lower per-minute rate and no additional session fees, as well as a $9.99/month membership option.

Scalefast Raises $8 Million in Series A Funding

Scalefast, a digital commerce platform for lifestyle brands, secured $8 million in Series A funding, Finsmes reports.The round was led by Benhamou Global Ventures with participation from Adara Ventures, B&Y, French Partners and CIC Capital.