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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

” in 2014 the data seems pretty conclusive because LA has now become the fastest growing tech startup region by numbers of companies being started and those of us here have noticed this pace accelerating. 36% of all apparel jobs in the US are in Los Angeles. Use any you want. Tell a friend. Forward the data.

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Free Money for Student Tech Founders

David Teten VC

We have collected a wide range of freebies, contests, accelerators, online communities, and VCs designed for student tech founders. We use Asana at Versatile VC for managing tasks and projects with other collaborators in our teams. Use their software for interactive data visualization and modern business intelligence.

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Acorns acquires UK’s GoHenry, a fintech focused on 6- to 18-year-olds

TechCrunch

Previous TechCrunch coverage helps us break down the mix, but also points to either or both having lost some users in recent times. GoHenry (named after its first child-customer, according to the company) has raised a total of $125 million since it was founded in 2012. This allows us to accelerate that path.”

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Celonis secures another $1B to find and fix process problems in enterprise systems

TechCrunch

Lest there be any doubt some startups are riding high even amid the macroeconomic uncertainty, process mining software vendor Celonis today announced that it secured a whopping $1 billion in additional capital at a $13 billion post-money valuation, a mix of equity ($400 million) and debt (a five-year $600 million credit line).

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Penpot inks $8M as signups for its open source spin on Figma jump 5600% after Adobe’s $20B acquisition move

TechCrunch

Now, a Spanish startup called Penpot — which is taking a new approach to design collaboration through an open source platform that brings designers and developers into the mix simultaneously — says that it’s been seeing a huge amount of adoption since the Figma deal.

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Medical simulation platform FundamentalVR raises $20M to help surgeons learn through VR

TechCrunch

FundamentalVR , an immersive simulation platform for medical and health care professions, has raised $20 million in a round of funding to “accelerate skill-transfer and surgical proficiency” through virtual reality (VR) and mixed reality (MR) applications. Other clients include Mayo Clinic, NYU Langone, and UCLA in the U.S.;

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Acorns squirrels away $300M Series F after scrapping SPAC, now worth nearly $2B

TechCrunch

Alex also determined that Acorns’ pace of revenue expansion accelerated from 54% in 2019 to 61% in 2020. Acorns’ SPAC listing depicts a consumer fintech business with a SaaSy revenue mix. Alex reported that from 2019 to 2020, Acorns grew 61%, from $44 million in revenue to $71 million. ” .