CommanderAI, an AI-powered sales platform for waste haulers, raised a $5 million seed round to accelerate its go-to-market strategy and bring tech-driven prospecting to the traditionally overlooked waste management industry.
Online marketplace Whatnot secured a $225 million Series F funding round, co-led by DST Global and CapitalG, more than doubling its valuation to $11.5 billion based on $6 billion in year-to-date sales of collectibles via live video auctions.
Metropolis, the LA-based parking technology provider, secured $1.6 billion in financing—including a $500 million Series D led by LionTree, valuing the company at $5 billion—to accelerate its infrastructure and mobility expansion.
Los Angeles-based Nashville hot chicken chain Angry Chickz raised debt capital from Saratoga Investment Corp. to accelerate its national expansion plans, aiming to grow from 33 to over 50 locations within the next year.
El Segundo AI robotics firm Launchpad raised an $11-million Series A round, co-led by Lavrock and Squadra Ventures, to accelerate the deployment of its AI and robotics-powered assembly automation technology across manufacturing.
Pasadena health tech startup IO Health Technologies secured a $2-million seed round led by Nina Capital to scale its AI platform for compliant documentation in home health and hospice care.
Irvine-based Planyear secures a $12 million seed round led by True Ventures to accelerate its AI platform, Beacon, which automates up to 70% of administrative tasks for benefits consultants.
Los Angeles Firm Pelage Pharmaceuticals Raises $120 Million Series B Round for Hair Growth Treatment
Los Angeles biotech firm Pelage Pharmaceuticals raises a $120 million Series B round co-led by ARCH Venture Partners and Google Ventures to advance PP405, its potential first-in-class topical treatment for hair loss.
Wave Function Ventures, a Los Angeles-based firm founded by former SpaceX engineer Jamie Gull, launches its $15 million Fund I to partner with and invest in early-stage deep tech hardware solutions across aerospace, defense, and robotics.
Draper Goren Blockchain, a Westlake Village venture studio, expands its operations by opening a second office in the Detroit area to capitalize on the region’s talent and focus on its successful PropTech portfolio.