Stories by Elijah
MaC Venture Capital, a seed-stage venture capital firm launched in 2019, announced March 25 that it had raised an inaugural $103 million fund for investments in early stage startups.
Describing esports to those unfamiliar with the concept can be tricky, and FaZe Clan Inc. Chief Executive Lee Trink said it’s even harder to sum up what his company does.
SpaceX completed its fourth mission in March, launching 60 Starlink satellites from the Cape Canaveral Space Force Station.
Real estate technology startup Pacaso has raised $75 million in funding at a $1 billion valuation.
Long Beach-based aerospace company Rocket Lab USA Inc. launched six satellites in its second mission of 2021.
With ecommerce on the rise and millions of consumers now expecting same-day shipping options when shopping online.
Flowspace Inc., the Del Rey-based developer of a software platform built to manage warehouse and shipping logistics, announced March 17 that it had raised $31 million in a Series B funding.
Culver City-based startup Openpath Security Inc. has been developing mobile-based door lock systems since 2016.
With the fledgling U.S. market for electric scooters hit hard by the Covid-19 pandemic, Santa Monica-based scooter startup Bird Rides Inc. is expanding in Europe.
Advertising technology company Magnite Inc. announced that it plans to raise $350 million in a private debt offering that will partially fund its acquisition of SpotX.
Online fundraising startup Pledge announced that it had raised $3 million in new seed funding to finance the launch of a new virtual fundraising platform.
Santa Monica-based social media giant Snap picks up Berlin-based startup Fit Analytics.
The Santa Monica-based amateur esports broadcaster says the merger will help it reach 85 million monthly viewers.
It has been nearly 20 years since Space Exploration Technologies Corp. was founded with the relatively humble goal of bringing down the cost of launching small satellites into orbit.
Sawtelle-based health care technology company Get Heal Inc., doing business as Heal, announced March 3 that co-founder and Chief Executive Nick Desai had stepped down.
Space Exploration Technologies Corp. has landed a pair of federal launch contracts worth a total of nearly $160 million.
NuOrder Inc., the Century City-based developer of a wholesale ecommerce platform for brands and retailers, announced March 10 that it had raised $45 million in a new round of funding.
MediaAlpha Inc., which generates customer acquisition leads for insurance carriers through a digital platform, is far from a typical tech startup.
Computer accessories manufacturer Belkin International Inc. announced March 11 that it plans to move from its current headquarters in Playa Vista to a new office space in El Segundo.
LinearB Inc., which creates project management tools for software developers, has raised $16 million in Series A funding.
Streaming video exploded in popularity during the last year, and few companies were better positioned to take advantage of that than Maestro Interactive Inc.
Blok Sports founder and Chief Executive Mitchell Chun was consulting for a company working with blockchain technology.
Since launching its first Los Angeles-based startup accelerator in 2014, Boulder, Colo.-headquartered company Techstars Central has worked with dozens of local entrepreneurs.
Space Exploration Technologies Corp. successfully landed a prototype of its enormous new Starship spacecraft in a high-altitude test flight conducted March 3, but the rocket exploded shortly after touching down.
Fledgling video game studio Theorycraft Games Inc. announced March 4 that it had hauled in an impressive $37.5 million to fund development of its first title.
From the perspective of Jonathan Levy, chief commercial officer for EVgo Services, it’s only a matter of time before EVs phase out the gas-guzzling cars and trucks.
Dispo Inc., the company behind one of the hottest apps of the new year, has reportedly raised $20 million in new funding at a hefty $200 million valuation.
Manhattan Beach-based electric vehicle maker Fisker Inc. plans to partner with electronics manufacturing giant Foxconn Technology Group on a new vehicle that could enter production by the end of 2023.
In a year in which massive music festivals like Coachella and Lollapalooza were called off, it’s not surprising that the biggest concert of 2020 took place inside a video game.
Long Beach-based rocket manufacturer Relativity Space Inc. will begin development on a fully reusable launch vehicle.
Bay Area company Archer Aviation is developing electric aircraft for L.A.'s Urban Air Mobility Partnership.
Scott Painter, founder and chief executive of NXCR, said the company had raised $30 million in seed funding for its vehicle subscription platform.
It’s not every day that a startup attracts more than $20 million from investors without having released a product.
Alex Israel, co-founder and chief executive of Venice-based startup Metropolis Technologies Inc., said it’s time for a shakeup in Los Angeles’ parking industry.
Fresh off an enormous funding round completed over the summer, Space Exploration Technologies Corp. has reportedly raised another $850 million.
Visual artist Clay Weishaar said he was incredulous when someone from Snap Inc. contacted him in 2018 to let him know one of his lenses was trending.
Black Entrepreneurs Month Special Report
MCH Ventures Inc., doing business as Mahmee, is a family-run business in the business of supporting families.
Familiar beer brands and automakers weren’t the only ones competing for the attention of Americans during commercial breaks in Super Bowl LV.
Downtown-based HyreCar Inc. has completed a public offering that netted $29.7 million.
Plans for the sale of TikTok’s U.S. business to Oracle Corp. and Walmart Inc. have reportedly stalled as the Biden administration eases pressure on the social media company’s Beijing-based parent company.
Santa Monica-based Universal Music Group announced a “global alliance” on Feb. 8 that gives TikTok users access to music by artists like Drake, Taylor Swift and Ariana Grande
It’s been nearly a decade since Santa Monica-based venture capital firm Glenmont Mucker Management, doing business as Mucker Capital, launched its startup accelerator for fledgling tech companies.
Aerojet Rocketdyne Holdings Inc. received a contract from the Department of Energy to build and test power systems for future NASA missions into deep space.
Startup Slingshot Aerospace Inc. announced that co-founder Melanie Stricklan has taken over as chief executive.
Starburst Aerospace and UCLA announced the launch of SCALE Aerospace Ventures, a startup accelerator and “innovation hub.”
Space Exploration Technologies Corp. continues to make bold plans for the future of human space travel, even as it faces setbacks here on Earth.
With the pandemic accelerating ecommerce sales nationwide, the founders of online flower marketplace BloomNation are broadening their business.
ServiceTitan Inc., the Glendale-based developer of management software for the home services industry, announced Feb. 2 that it had acquired Service Pro.Net Inc.
Insurance technology startup LeaseLock Inc. has ambitious plans to make security deposits irrelevant, and the Marina del Rey-based business now has significantly more funding to make that happen.
Ladera Heights-based defense contractor LinQuest Corp. received a five-year contract from U.S. Space Force worth $500 million.