West Coast tech companies are flush with funding after last week. Canned water company Liquid Death pulled in the week’s largest round. Find out which other companies are furthering their solutions with new capital. This is the Built In LA Weekly Refresh.
Liquid Death secured $70M. Giving hydration a cool aesthetic, Liquid Death cans drinking water for sale in stores, online and at concerts. The beverage company also makes nonalcoholic flavored drinks. With new capital from Science Ventures, the brand will expand into new beverage categories and enter the European market. This latest round brings Liquid Death’s valuation to $700 million. [Bloomberg]
Los Angeles Tech Quote of the Week
Loop Global raised $60M. The company provides residential, commercial and public access properties with charging infrastructure for electric vehicles. Loop secured a fresh round of capital led by Fifth Wall Climate and Agility Ventures as well as a $20 million credit facility. The money will go toward expanding its U.S. operations, supporting the locations it already serves and scaling globally. [Built In LA]
RealDefense pulled in $30M. Pasadena-based RealDefense plans to pursue acquisitions within the privacy tech and cybersecurity space with a fresh round of funding. The company creates privacy, security and optimization software and services for mobile phones and PCs. Sunflower Bank led the raise, which brings RealDefense’s total venture capital to $50 million. [Business Wire]
WorkSpan pulled in $30M. Backed by Series C funding from Insight Partners, WorkSpan plans to fuel customer innovation and growth for its solution that helps companies grow their co-sell revenue. Its SaaS platform helps partnership and sales teams collaborate with partners on deals, exchange co-sell referrals from inside their CRM and more. WorkSpan is based in San Bernardino. [PR Newswire]
