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Elijah Chiland

Stories by Elijah

MaC Venture Capital Raises $103 Million Fund

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.

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FaZe Clan Is Changing the Game for Esports

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.

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SpaceX Launches Fourth Starlink Mission This Month

SpaceX completed its fourth mission in March, launching 60 Starlink satellites from the Cape Canaveral Space Force Station.

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Second-Home Marketplace Pacaso Valued at $1 Billion

Real estate technology startup Pacaso has raised $75 million in funding at a $1 billion valuation.

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Rocket Lab Launches 100th Satellite

Long Beach-based aerospace company Rocket Lab USA Inc. launched six satellites in its second mission of 2021.

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Urb-E Raises $5 Million for E-Bike Deliveries

With ecommerce on the rise and millions of consumers now expecting same-day shipping options when shopping online.

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Ecommerce Logistics Company Flowspace Raises $31 Million

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.

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Openpath Helps Offices Reopen Safely

Culver City-based startup Openpath Security Inc. has been developing mobile-based door lock systems since 2016.

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Bird to Invest $150 Million in European Expansion

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.

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Magnite Sells $350 Million in Notes to Fund SpotX Deal

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.

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Pledge Gets $3 Million for Video Fundraising Platform

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.

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Snap Acquires Fashion Tech Startup Fit Analytics

Santa Monica-based social media giant Snap picks up Berlin-based startup Fit Analytics.

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Super League Acquires Mobcrush Streaming

The Santa Monica-based amateur esports broadcaster says the merger will help it reach 85 million monthly viewers.

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These 4 Programs Fuel SpaceX’s Ambitions

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.

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Heal Names New CEO

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.

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SpaceX Wins Military Contracts Worth $160 Million

Space Exploration Technologies Corp. has landed a pair of federal launch contracts worth a total of nearly $160 million.

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NuOrder Raises $45 Million for Wholesale Ecommerce Platform

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.

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MediaAlpha Brings Innovation to Staid Insurance Industry

MediaAlpha Inc., which generates customer acquisition leads for insurance carriers through a digital platform, is far from a typical tech startup.

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Belkin Announces Move to El Segundo

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.

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LinearB Raises $16 Million for Software Developer Management Platform

LinearB Inc., which creates project management tools for software developers, has raised $16 million in Series A funding.

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Maestro Raises $15 Million for Video Streaming Platform

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 App to Allow Betting Among Friends

Blok Sports founder and Chief Executive Mitchell Chun was consulting for a company working with blockchain technology.

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New Techstars LA Director Looks to Big Problems

Since launching its first Los Angeles-based startup accelerator in 2014, Boulder, Colo.-headquartered company Techstars Central has worked with dozens of local entrepreneurs.

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SpaceX Test Rocket Explodes After Landing

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.

New Game Studio Theorycraft Announces $37.5 Million in Funding

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.

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EVgo Is Ready to Help Drive EV Revolution

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.

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Dispo Gets $20 Million for Trendy Photo App

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.

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Fisker to Partner With Foxconn for New Vehicle

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.

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Are Virtual Concerts the Future of Live Entertainment?

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.

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Relativity Plans Larger, Reusable Rocket

Long Beach-based rocket manufacturer Relativity Space Inc. will begin development on a fully reusable launch vehicle.

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Archer Aviation Plans Electric Air Taxis in LA by 2024

Bay Area company Archer Aviation is developing electric aircraft for L.A.'s Urban Air Mobility Partnership.

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NXCR Raises $30 Million for Vehicle Subscription Service

Scott Painter, founder and chief executive of NXCR, said the company had raised $30 million in seed funding for its vehicle subscription platform.

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Software Developer Nobl9 Raises $21 Million, Releases Signature Product

It’s not every day that a startup attracts more than $20 million from investors without having released a product.

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Metropolis Raises $41 Million to Automate Parking Garages

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.

SpaceX Raises $850 Million in New Funding Round

Fresh off an enormous funding round completed over the summer, Space Exploration Technologies Corp. has reportedly raised another $850 million.

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Snap Drives Growth of LA’s AR Industry

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.

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Mahmee’s Digital App Connects New Moms and Physicians

Black Entrepreneurs Month Special Report

MCH Ventures Inc., doing business as Mahmee, is a family-run business in the business of supporting families.

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Dr. Squatch Cleans Up With Super Bowl Ad

Familiar beer brands and automakers weren’t the only ones competing for the attention of Americans during commercial breaks in Super Bowl LV.

HyreCar Completes $29.7 Million Public Offering

Downtown-based HyreCar Inc. has completed a public offering that netted $29.7 million.

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TikTok Sale to Oracle, Walmart in Limbo

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.

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Universal Music Group, TikTok Reach Music Agreement

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

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MuckerLab Marks a Decade of Driving Top LA Startups

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.

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Aerojet Rocketdyne Wins Contract for Deep Space Power Systems

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.

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Slingshot Aerospace Names Stricklan as CEO

Startup Slingshot Aerospace Inc. announced that co-founder Melanie Stricklan has taken over as chief executive.

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Starburst, UCLA Launch Aerospace Accelerator

Starburst Aerospace and UCLA announced the launch of SCALE Aerospace Ventures, a startup accelerator and “innovation hub.”

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SpaceX Continues to Aim High Despite Setbacks

Space Exploration Technologies Corp. continues to make bold plans for the future of human space travel, even as it faces setbacks here on Earth.

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BloomNation Adds Pizza, Liquor Delivery Businesses

With the pandemic accelerating ecommerce sales nationwide, the founders of online flower marketplace BloomNation are broadening their business.

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ServiceTitan Acquires Software Developer ServicePro

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.

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LeaseLock Raises $52 Million in Bid to Eliminate Security Deposits

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.

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SatCom: LinQuest Lands $500 Million Contract With US Space Force

Ladera Heights-based defense contractor LinQuest Corp. received a five-year contract from U.S. Space Force worth $500 million.

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