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Home›App Funding›A Roundup of LA Startup Funding News

A Roundup of LA Startup Funding News

By Margaret J. Beltran
February 12, 2022
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Raises is dot.LA’s weekly article that highlights venture capital funding news in the Southern California tech and startup ecosystem. Please send fundraising news to Molly Wright ([email protected]).


Capital risk

San Diego-based biotechnology company Endeavor BioMedicines raised $101 million in Series B funding led by Ally Bridge Group and Avidity Partners.

Tustin-based fintech lending platform happy money raised $50 million in Series D-1 capital led by Anthemis Group and CMFG Ventures.

San Diego-based biotech startup 1859 raised a $40 million Series A funding round led by Northpond Ventures and OMX Ventures.

beat Breada music funding platform with offices in LA, raised $34 million seed round led by Deciens Capital.

Los Angeles-based travel rewards company FlyCoin raised $33 million in a funding round led by investor Josh Jones.

based in LA End of Gamea product-driven software sales platform, raised $30 million in Series B funding led by EQT Ventures.

San Diego-based biotechnology company Therapeutic Ucello raised a $25 million Series A round led by Matrix Partners China.

Open Nodean LA-based bitcoin payments processor, raised $20 million in Series A funding led by Kingsway Capital.

LA-based NFT and blockchain platform eternity raised $20 million seed round from investors such as Thomas Vu of Riot Games, Michael Rubin of Fanatics and former Google CEO Eric Schmidt.

Century City-based event management software startup Swoogo raised $20 million in Series B funding led by Bain Capital.

Santa Monica-based gaming startup Delphi Interactive raised nearly $17 million in fundingaccording to documents filed with the SEC.

Aeronautical start-up based in Long Beach Odys Aviation raised $12.4 million in seed funding from investors such as Giant Ventures, Soma Capital, 11.2 Capital, Countdown Capital, Nikhil Goel and Kyle Vogt.

Web3 start-up based in Venice Artema Laboratories raised nearly $10 million in fundingaccording to documents filed with the SEC.

Santa Monica-based e-commerce platform joy of space raised a $4 million pre-Series A round led by Accel Partners.

Newport Beach-based health technology wearables company body matter raised nearly $3 million in seed funding.

Los Angeles-based kombucha brand Better Booch raised $2.5 million in seed round led by Crush Ventures.

San Diego-based travel app Sekr raised a seed round of $2.25 million led by storyteller Overland.

SwayBranda Los Angeles-based multicultural influencer platform, received an undisclosed investment of the Accenture Ventures Black Founder Development Program.

Funds

Sherman Oaks-based venture capital firm Morpheus Ventures raised $200 million for his second fund.

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