Weekly Refresh: Celebrities Back THC-Beverage Brand, and More

Here’s what you missed in LA tech news this week.

Written by Anna Holmquist
Published on Nov. 03, 2020
Weekly Refresh: Celebrities Back THC-Beverage Brand, and More
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Photo: Shutterstock

Replicated brought in $25M. The company’s platform helps businesses deploy their software on-premises. Two Sigma Ventures led the Series B round. [Built In LA]

Ordermark raised $120M. The ghost-kitchen startup helps restaurants simplify their online ordering. SoftBank Vision Fund 2 led the Series C round. [Built In LA]

Scopely gained $340M. The mobile gaming company has a large portfolio of successful titles. This Series E raise brought its valuation to about $3.3 billion. [Built In LA]

Alternative intoxicant’ brand Cann announced new funding. Celebrities like Rebel Wilson, Ruby Rose, Darren Criss and Gwyneth Paltrow backed the company, which sells THC-infused drinks. [TechCrunch]

SUMA Wealth launched its platform. The platform will offer financial health education and resources for U.S.-born Millennial members of the Latinx community. Samara Hernández, founding partner at Chingona Ventures, led SUMA Wealth’s first funding round. [PRNewswire]

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