Weekly Refresh: PayPal Acquires Honey and Jinx Raises $5.65M

by Anna Holmquist
November 25, 2019
los angeles
image via shutterstock.

PayPal acquired Honey. The electronic payment giant paid $4B, its biggest acquisition to date. Honey, an online deals and coupons company, will add another dimension to PayPal’s offerings. [Built In LA]

Jinx gained $5.65M. Its goal is to disrupt dog food by creating food formulas based on the dog’s lifestyle. Their product is set to launch in January 2020. [Built In LA]

Mythical Games raised $19M. The funding will go toward the launch of its new MMORPG Blankos Block Party and also toward an in-game economy built on blockchain. [Built In LA]

Cloud-based point-of-sale platform Appetize appointed a new SVP of product. The company announced it tapped Robbie Knutson-Ratto, who previously served as global VP of product and general manager of software company Xero, as its SVP of product. [Press Release]

Builder Now launched. Builder, which allows people to create apps without coding, launched its new prototyping tool. The free tool will allow any user to quickly try out an app idea before moving forward with it. [Press Release]

Tyvak Nano-Satellite selected for NASA program. The company, one of 14 participants in the program, specializes in spacecraft development and delivering small satellites for missions. The NASA program’s aim is to deliver payloads to the moon [socalTECH]

Seriously released Best Fiends STARS. The mobile entertainment company focuses its business on free-to-play gaming. The new release is a follow-up to its game Best Fiends. [Press Release]

EatOS raised $1M. The restaurant management company was founded in 2017. The company is currently hiring about 10 people. [LA TechWatch]

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