Silicon Beach Report March 14: Jam City Acquires Assets of Brainz

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Jam City acquires assets of Brainz; SpaceX lands contract with DigitalGlobe; and Snoop Dogg’s Casa Verde Capital closes debut fund.

Jam City Acquires Assets of Brainz

Jam City, the Culver City- based mobile gaming company, announced that it has acquired the assets of Brainz, a Bogota, Colombia-based mobile game developer, according to Businesswire. Brainz’s creative team will join Jam City and carry out the development of the new game, World War Doh. This is Jam City’s sixth acquisition, but the financial details were not disclosed. Jam City has $157 million in funding to date, according to Crunchbase.

SpaceX Lands Contract with DigitalGlobe

Hawthorne-based SpaceX has added another satellite customer, DigitalGlobe, to its queue of launch contracts, the two companies announced on March 14, Socaltech reports. According to the two companies, DigitalGlobe, which operates a network of earth imaging satellites, will use SpaceX to launch the next generation of its WorldView satellite imaging constellation. The two said that the first block of satellites for DigitalGlobe’s WorldView Legion satellites will be launched in two separate flights in 2021, on SpaceX’s Falcon 9 rockets.

Snoop Dogg’s Casa Verde Capital Closes Debut Fund

Casa Verde Capital, the venture firm that rapper Snoop Dogg co-founded, has closed its debut fund with $45 million, Techcrunch reports. The firm will invest in agtech, health and wellness, financial services, technology, media, compliance and laboratory technology related to the legal cannabis industry. Karan Wadhera, an alumnus of both Goldman Sachs and Nomura Securities who joined the outfit in the summer of 2016 to take over the process of securing capital, is the managing partner and will work alongside managing director Evan Eneman.

Technology reporter Eli Horowitz can be reached at [email protected]. Follow him on Twitter @coachhorowitz13 for the latest in L.A. tech news.

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