Weekly Refresh: LA Tech Companies Raised $285M+ Last Week

Read our weekly refresh for trending LA tech news.

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Published on Jun. 01, 2020
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Apeel Sciences raised $250M. The Santa Barbara company wants to reduce food waste by adding an additional protective layer of peel to fresh produce to slow its decay. GIC led the funding round, which brought its valuation to $1 billion. [Built In LA]

Fernish made $15M. The furniture rental startup saw a 300 percent increase in orders for office items over the past two months due to the pandemic. Khosla Ventures led the Series A. [Built In LA]

Stackin’ gained $12.6M. The financial literacy company wants to help Millennials manage their finances. Octopus Ventures led the Series B round. [Built In LA]

Datch secured $3.2M. It created an intelligent voice AI for industrial environments. Blue Bear Capital led the seed funding. [PRNewswire]

Warehouse Exchange made $2.2M. The AI-powered warehouse platform connects buyers and sellers to find flexible, on-demand space. With the funds, it plans to hire, build out its AI and invest in sales and marketing. [PRNewswire]

Kippo raised $2M. It created a dating and social app specifically for gamers. Primer Sazze Partners led the funding round. [Built In LA]

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