Venice-based Riot Ventures is officially aiming to raise $75 million for its second fund.
Other more broad-based funds, like downtown-based TenOneTen Ventures, have increased their focus on health care investments.
Gores Group, the Beverly Hills-based investment firm founded by billionaire Alec Gores, has announced plans to merge its fifth special purpose acquisition company, or SPAC, with mortgage lender United Shore Financial Services Inc.
Adam Struck, founder of Santa Monica-based venture firm Struck Capital, has always been bullish on Los Angeles’ startup ecosystem.
Culver City-based Boosted Ecommerce Inc. has raised $87 million to grow its portfolio of ecommerce businesses.
Culver City-based 1661 Inc., doing business as Goat Group, has raised $100 million in Series E funding from New York hedge fund D1 Capital Partners.
A partnership of PGIM Real Estate and Perlmutter Investment Co.’s IAC Properties has acquired a 30-property industrial portfolio.
Zwift Inc., the Long Beach-based maker of a popular at-home cycling and running app, has raised $450 million in Series C funding.
Special purpose acquisition companies, or SPACs, are in the midst of their biggest moment yet.
When the novel coronavirus pandemic first took hold in California, the state’s credit unions acted quickly.
Read L.A.'s leaders in special purpose acquisition companies and access the latest data in the Los Angeles Business Journal's Banking & Finance Quarterly Special Report.
L.A. County’s unemployment rate fell to 16.1% in August from a revised 17.9% in July.
Having survived one major recession and seen long-term growth in its wake, Mesa West Capital believes the aftermath of Covid-19 could create similar opportunities in their space.
Hancock Park-based Broadway Financial Corp. is set to become the largest Black-led bank in American history.
After months of webinars and Zoom meetings, Crypto Blockchain Plug Inc. is coming back to the physical world.