Weekly Refresh: Hyperice Raised $48M, Dave Names New CMO, and More

October 12, 2020
los angeles
Photo: Shutterstock

SpaceX landed $149M contract. The Space Development Agency awarded the contract. SpaceX will set up a network of satellites in orbit that can spot missile launches. [Built In LA]

Hyperice raised $48M. The performance technology startup just closed on a Series A round bringing its valuation to a reported $700 million. Investors include NBA star Anthony Davis and tennis champion Naomi Osaka. [CNBC]

Oxigen raised $15M. The startup sells pH balanced water with electrolytes. Brett Eldredge, Steph Curry, Kevin Love and more participated in the Series B. [Built In LA]

Romeo Power Technology to list on NYSE through merger. The energy technology company entered into a definitive merger agreement with RMG Acquisition Corp. It will be listed on the NYSE and trade under the new ticker symbol “RMO.” [Businesswire]

Dispo made $4M. The app co-founded by social media star David Dobrik wants to “restore joy and authenticity to social media.” Alexis Ohanian’s SevenSevenSix led the seed round. [Built In LA]

Banking startup Dave added new chief marketing officer. The financial services company caters to people who have not had bank accounts. The new CMO Jonathan Mildenhall previously held senior marketing roles at Airbnb and Coca-Cola. [Wall Street Journal]

Los Angeles startup guides

Best Companies to Work for in Los Angeles
Coolest Tech Offices in Los Angeles
Best Perks at Los Angeles Tech Companies
Women in Los Angeles Tech