Matt is a finance reporter covering venture capital and private equity.
Investment: Science incubated Dollar Shave Club and participated in the online razor club’s $1 million seed round in March 2012. Dollar Shave Club has since become one of L.A.’s hottest startups.
It began with a viral video. As soon as Mike Jones saw Michael Dubin swinging a tennis racket and riding a forklift through Dollar Shave Club’s downtown L.A. warehouse, he was intrigued.
PUBLISHING: Investors shed Research Solutions over plan for reverse stock split.
Document-finding company Research Solutions at a loss with investors after planning a reverse stock split.
Investment: Upfront Ventures provided $500,000 in seed funding last April to downtown L.A.’s DailyLook, an online fashion retailer. Upfront followed that up by investing in DailyLook’s Series A round
Yves Sisteron didn’t get caught up in analysis paralysis when he decided to invest in DailyLook.
Investment: Karlin Ventures invested in Santa Monica mobile advertising company NearWoo’s $1.2 million seed round last August.
About half of Karlin Ventures’ portfolio companies are found through incubators.
Investment: Mucker participated in online tuxedo rental company Black Tux’s $2.6 million February seed round.
Everyone loves a wedding.
Investment: Canyon Creek put a total of $530,000 in retail services tech company Bridg in April and October funding rounds.
Buck Jordan, managing partner at Canyon Creek Capital, says his firm is a “bridge fund” that targets companies between the seed and Series A stages.
West Los Angeles private equity firm Gores Group announced Tuesday that it has made an equity investment in Clinton Township, Mich. automotive publishing company Tweddle Group Inc.
Daniel Singer is the 14-year-old creator of Backchat, an anonymous messaging application.
BIOTECH: MannKind stock rises after its device receives FDA panel’s OK.
Shares of MannKind climb after its inhalable insulin device receives FDA panel’s approval.
INVESTMENT: Incubator Imprint Venture Lab forgoes tech scene to find and power up apparel, appliance businesses.
The incubator Imprint Venture Lab eyes new brands in the hope of repeating its success with Knockaround Sunglasses.