Los Angeles is known for its booming entertainment industry, so it should come as no surprise that the city’s largest tech funding round went to a company in the gaming space. Learn what other sectors are growing with the month’s largest capital sums.
LA’s Top Tech Funding Rounds, June 2023
- Mythical Games
- Everytable
- Apex
- AHARA
- Galvanick
#5. $10 million, June 1
Working to help industrial companies and manufacturers protect their computer-operated equipment, Galvanick is furthering its cybersecurity platform with a new round of funding. The company announced a seed round from investors including MaC Venture Capital and Founders Fund, which will go toward making core hires and expanding the use of its platform into more facilities.
#4. $10.25 million, June 6
AHARA uses research, users’ personal data and a proprietary algorithm to give consumers individualized health recommendations for food and supplements. The solution announced its beta launch alongside a round of Greycroft-led funding.
#3. $16 million, June 22
Backed by Andreessen Horowitz as the lead investor for its Series A round, Apex is doubling down on its production capabilities. The company mass manufactures spacecraft, including its Aries satellite bus. With its fresh capital, Apex will open a 50,000-square-foot serial bus production facility in LA to increase its production rate and reduce lead times for customers.
#2. $25 million, June 27
Food company Everytable announced $25 million in Series C-2 preferred stock financing. The company operates a fresh food business that incorporates stores, subscriptions, delivery and SmartFridges for consumers. Everytable currently operates in Southern California, the Bay Area and New York, and has plans to expand stores and delivery into more regions soon.
#1. $37 million, June 27
Video game studio Mythical Games is gearing up to release a new title, Nitro National World Tour, later in the year. Ahead of launching its third game, Mythical announced a round of C1 funding led by Scytale Digital. It plans to add up to $30 million more to this round in the coming months. The money will help Mythical develop an in-game marketplace for its title NFL Rivals.
