These 5 LA Tech Companies Raised a Combined $518M in August

Learn how these companies are investing last month’s largest venture capital raises.
Written by Ashley Bowden
September 1, 2022Updated: September 6, 2022
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Photo: Shutterstock

Tinseltown tech companies across a range of sectors pulled in fresh capital for their solutions last month, from the self-care industry to the entertainment scene. With a couple of nine-digit raises in the mix, check out what LA tech companies pulled in August’s largest rounds and what they’re doing with the money.

 

#5. $55 million, August 4

The company operates an e-commerce delivery service that brings fresh-prepared, ready-to-eat food to people across the country. Everytable currently serves the greater Los Angeles area as well as Orange and San Diego counties. Everytable’s Series C funding round co-led by Creadev, Desert Bloom Food Ventures and Gullspång Re:food will help grow the company beyond SoCal and into the Bay Area and New York City. Everytable plans to build new stores in these markets, expand its delivery service and increase its food service business.

 

 

#4. $70 million, August 10

Appointment-based businesses such as spas and salons are seeing an increase in business following the pandemic. As consumers re-focus on self-care, Boulevard offers these businesses software to help manage their operations. The platform encompasses scheduling, management and client experience tools. With its Series C funding led by led by Point72, Boulevard plans to build additional platform capabilities and expand its team.

 

 

#3. $93 million, August 1

Terapin Studios is a digital content producer that covers games, dramas and animations based on the intellectual property of online comics called webtoons. Terapin is building out its business after a recent acquisition. The company bought Korean webtoon platform Toomics with plans to increase its digital content value chain. This acquisition follows a $93 million investment from Affirma Capital and NPX Private Equity.

 

#2. $100 million, August 31

Serving patients with heart valve disease, the medical device company designs, develops and commercializes transcatheter heart valve solutions. JenaValve announced a Series C funding round led by Bain Capital Life Sciences. The fresh capital will help JenaValve complete a study required for FDA approval of its latest solution. Additionally, the company will further its data development initiatives in Europe and expand its manufacturing capabilities globally.

 

#1. $200 million, August 29

Video-sharing social network service Triller secured a $200 million funding round ahead of a $3 billion IPO. The company allows users to create and share short-form videos that they can sync to music using AI. Its latest round brings Triller’s total venture funding to $400 million to date. The company will trade under the NASDAQ ticker symbol “ILLR.”

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