Weekly Refresh: Relativity Space Added a New Launch Pad, and More

June 29, 2020
los angeles
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SpringHill raised $100M. LeBron James and Maverick Carter run the media company. They’re working on Space Jam: A New Legacy, which will be in theaters in 2021. [Built In LA]

Relativity Space added new launch pad. Its aim is to create the first fully 3D-printed rocket. The rocket startup has a lease for a launch site in Cape Canaveral and just added one at Vandenberg Air Force Base in Southern California. [The Verge]

Valence launched venture capital network for Black founders. Valence Funding Network includes 27 venture firms with more than $60 billion in combined assets. The startup connects over 8,000 Black professionals. [Built In LA]

XPRIZE launched $5M competition. Called Rapid Reskilling, it will crowdsource ideas about how to reinvent the job training process for those laid off due to the changing tech climate. The competition will take place over the next 30 months. [Built In LA]

Pipe made $60M. Its platform helps SaaS companies get access to their money faster. It’s an extension to their seed funding round, which initially raised $6 million. [Built In LA]

Realife Tech raised $7.2M. It also launched a hub for safe live events after restrictions are lifted. It offers attendees info about how to avoid congested areas and get food or beverages in a contact-free way. [Built In LA]

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