From high-flying drone tech to grounded 3D printing infrastructure, Los Angeles tech innovators are busy building out the solutions of the future. A number of these businesses received capital from investors to expand their ideas and grow their offerings. The largest of these February rounds totaled more than $168 million. Read up on how these platforms are growing with the new cash.
Los Angeles Top Tech Funding Rounds, February 2023
- Zeitview (formerly DroneBase)
- Freeform
- Pagos
- ChargerHelp!
- Spartan
#5. $17 million, February 1
Spartan develops sensor software used to increase the performance of radar designs. It aims to enhance vehicle safety, reliability and autonomy through the deployment of its solution. The company secured Series B funding led by 8VC to bring its product Ago to market, as well as expand its product team and commercial vehicle division in Michigan.
#4. $17.5 million, February 14
Backed by Series A funding from lead investor Blue Bear Capital, ChargerHelp! plans to further its commitment to providing EV charging infrastructure. The company provides EV businesses with an app-based dispatch and deployment system for local workforces to perform on-demand repairs and maintenance on charging stations.
#3. $34 million, February 27
Offering API and low-code solutions, Pagos equips online businesses with data about their payment infrastructure. It raised new capital to further its platform. Arbor Ventures led the Series A funding round that will help Pagos grow its engineering team. It also plans to fuel product developments for its suite of payment tools.
#2. $45 million, February 1
Headquartered in Hawthorne, Freeform provides metal 3D printing services to enable manufacturing at scale across any industry. The company launched out of stealth with $45 million in total funding to continue establishing its autonomous printing facilities. Two Sigma Ventures, Founders Fund and Threashold Ventures participated in the company’s latest capital injection.
#1. $55 million, February 7
Drone developer DroneBase rebranded to Zeitview and announced a $55 million investment. The capital round, led by Valor Equity Partners, will help Zeitview expand its product, acquire new customers and fuel ongoing hiring efforts. The company’s drones capture images and thermal readings to alert customers of anomalies in wind turbines, solar panels and similar infrastructure.
