Last week, several startups in LA secured new funding. With new capital to help them pursue their goals, read on to learn what’s coming to the LA tech scene. This is the Built In LA weekly refresh.
DASH Systems got $8M. This startup aims to eliminate 30 percent of the cost of delivering goods to small airports by never landing the plane at all. As it works to engineer a way to efficiently deliver airmail by dropping packages out of planes, the seed funding led by 8VC will allow it to enhance its delivery technology and expand into more rural areas. [Built In LA]
Epirus secured $70M. This company that develops smart power apps just closed on a Series B round led by Bedrock Capital. Its solid-state platform allows it to create high-powered products using microwave technology. With the new funding, the startup will be able to conduct a hiring push and add 100 new team members in the coming year. Epirus has raised more than $87 million in funding to date. [Crunchbase News]
LA Tech Quote of the Week
ConsejoSano raised $17M. Minorities and individuals from underserved communities have been hit hardest by the COVID-19 pandemic. In an effort to bring more accessibility to the healthcare industry, this startup’s platform currently operates in 25 languages to provide healthcare to patients across various cultural and socioeconomic backgrounds. The Series B was led by Magnetic Ventures and will help the startup develop its tech. [Built In LA]
Bambee got $15M. The consulting startup provides small and medium-sized businesses with HR managers. Its goal is to reduce the strained workplace relationships that exist at companies operating without HR expertise and strategy. The new capital from its Series B led by QED Investors will help Bambee to expand its offerings and client base. To date, the company has secured $32 million in funding. [Business Wire]
Whatnot pulled in $4M. The seed funding round for the company came from investors including Scribble Ventures. Whatnot’s marketplace platform for collectibles allows users to live-stream as a means of creating a trustworthy community where members can connect with each other in real time. With the new capital, the startup plans to grow its team, scale its operations and expand its platform into new categories. [PR Newswire]
