Funding rounds of all sizes washed up on the West Coast last week. With new developments underway in fields like space robotics and healthcare, check out what these Tinseltown techies are building. This is the Built In LA Weekly Refresh.
Restaurant365 raised $135M. Securing unicorn status with its latest raise, Restaurant365 will enhance its suite of software products. The company offers tools to help restaurant owners make their businesses more efficient. Its latest round of funding was co-led by KKR and L Catterton and brings Restaurant365’s valuation to more than $1 billion. [Built In LA]
GITAI got $30M. Torrance-based space robotics company GITAI announced a Series B extension round that will help expand its business and technology development in the U.S. The Japanese-based company wants to provide safe and affordable labor in space and reduce operational costs. Its latest round will go toward hiring in the U.S., expanding its manufacturing facilities and furthering its product development. [PR Newswire]
LA Tech Quote of the Week
“We built Lifeforce to empower people who want to know what’s happening in their bodies and have the peace of mind that they are functioning at their best now and are on track for a long life in the future.” — Dugal Bain-Kim Lifeforce’s co-founder and CEO
Lifeforce secured $12M. Lifeforce offers a subscription service for midlife patients looking to take preventative care into their own hands. The company’s virtual care model lets patients measure their health baselines and track their progress with custom-built health plans. Co-led by Peterson Ventures and M13, Lifeforce said its Series A funding round will go toward developing tech to improve its efficacy and reduce the cost of the platform. [Built In LA]
Steno pulled in $15M. The company provides legal support services via its tech-enabled solution, including its videoconferencing tool and deferred-payment option. Steno announced a round of Series B funding from lead investor Left Lane Capital. The money will help Steno expand its footprint in new U.S. markets, develop new service channels for its clients and add to its tech team. [PR Newswire]
Checkmate raised $15M. Operating an automated savings platform for online consumers, Checkmate announced a Series A funding round led by Google Ventures to expand its operations and business reach. The platform finds the best deals from emails and across the web and applies them once an online shopper checkouts. [FinSMEs]
