Squid Game S1

Netflx Revenues Hit $7.5 Billion Thanks in Part to 'Squid Game'

Netflix released its third-quarter earnings on Oct. 19, reporting strong gains ascribed to series like “Squid Game.”
Blending one of Winc’s core wine brands, Summer Water.

Winc Plans $92 Million IPO to Expand Wine Business

Santa Monica-based Winc Inc., which produces and distributes wine in the United States, has filed with the Securities and Exchange Commission to raise up to $92 million in an initial public offering.

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Adrian Corless, new chief executive for Pasadena-based CarbonCapture Inc., which is developing technology to extract carbon dioxide from the air.

Pasadena Startup CarbonCapture Raises $35M, Hires CEO

Pasadena startup CarbonCapture Inc. secured $35 million in Series A financing and named veteran cleantech industry executive Adrian Corless chief executive.
LeBron James’ SpringHill Co. has secured an estimated $100 million in backing.

LeBron James’ SpringHill Sets $725 Million Valuation With Minority Stake Investments

The SpringHill Company sold a minority stake to investors that brings its valuation to $725 million.


Tala’s app monitors merchant transactions and other financial behavioral data to create a credit profile.

Microloan Company Tala Lands $145M Raise, Moving It Closer to Unicorn Status

Tala, a Santa Monica-based company that makes microloans between $10 and $500 to people in emerging markets who lack a credit profile, has landed a $145 million Series E funding round — its biggest fundraise since its founding a decade ago.
Rocket Lab founder and Chief Executive Peter Beck

Rocket Lab Acquires Advanced Solutions for $40 Million

The acquisition will strengthen Rocket Lab’s space systems portfolio and gives it a presence in Colorado, which has a large aerospace economy.

Companies On The Move
People On The Move


Reader Poll

READER POLL: Do you advertise with or sponsor a local sports team of any level?

In This Week's Issue


Tease photo

Advanced Air Seeks to Be One-Stop Shop for Private Aviation

In the world of private aviation, there are charter flight operators, a growing cadre of scheduled flight services, crew and maintenance suppliers, and operators of fuel depots at general aviation airports.


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China, India Could Lead Major Edtech Consolidation in LA

The education technology sector in Los Angeles has seen a surge in major investors from a disparate group ranging from corporations headquartered in China and India to private equity looking to capitalize on a pandemic that reinvigorated online learning.


Tease photo

How SpaceX Can Live Up to Its $100B Valuation

Less than a month after sending four civilians on a historic three-day journey around the Earth, Space Exploration Technologies Corp. reached another milestone: a valuation of more than $100 billion.


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Developer Blatteis & Schnur Bets Big on Mixed-Use Space in High-Street Areas

Sawtelle-based real estate firm Blatteis & Schnur Inc. has a long history, dating back almost 100 years to co-founder Samuel Blatteis, who started the company as Blatteis Realty Co.


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LA's Pumpkin Patches Scare Up New Business

It would scarcely be Halloween without glowing jack-o’-lanterns and decorative munchkin pumpkins on display, and every year, an array of Los Angeles businesses engineer festive pumpkin patches where families come to buy a pumpkin and kick off the holiday season.


Latest Local News

Squid Game S1

Netflx Revenues Hit $7.5 Billion Thanks in Part to 'Squid Game'

Netflix released its third-quarter earnings on Oct. 19, reporting strong gains ascribed to series like “Squid Game.”
Blending one of Winc’s core wine brands, Summer Water.

Winc Plans $92 Million IPO to Expand Wine Business

Santa Monica-based Winc Inc., which produces and distributes wine in the United States, has filed with the Securities and Exchange Commission to raise up to $92 million in an initial public offering.

People On The Move
Adrian Corless, new chief executive for Pasadena-based CarbonCapture Inc., which is developing technology to extract carbon dioxide from the air.

Pasadena Startup CarbonCapture Raises $35M, Hires CEO

Pasadena startup CarbonCapture Inc. secured $35 million in Series A financing and named veteran cleantech industry executive Adrian Corless chief executive.
Events
The Los Angeles Business Journal is excited to host our inaugural 2021 International Business Forum and Awards. This event will bring together and celebrate the International Business Community and those outstanding corporate leaders who are leading the way in global trade, investment, technology, and innovation.
LeBron James’ SpringHill Co. has secured an estimated $100 million in backing.

LeBron James’ SpringHill Sets $725 Million Valuation With Minority Stake Investments

The SpringHill Company sold a minority stake to investors that brings its valuation to $725 million.
Reader Poll
READER POLL: Do you advertise with or sponsor a local sports team of any level?
Companies On The Move
Tala’s app monitors merchant transactions and other financial behavioral data to create a credit profile.

Microloan Company Tala Lands $145M Raise, Moving It Closer to Unicorn Status

Tala, a Santa Monica-based company that makes microloans between $10 and $500 to people in emerging markets who lack a credit profile, has landed a $145 million Series E funding round — its biggest fundraise since its founding a decade ago.

Events

The Los Angeles Business Journal is excited to host our inaugural 2021 International Business Forum and Awards. This event will bring together and celebrate the International Business Community and those outstanding corporate leaders who are leading the way in global trade, investment, technology, and innovation.

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