Several SoCal tech companies are looking for ways to keep our planet healthy. One greentech company is expanding its capabilities with a new partnership. Find out what other industries are seeing growth after last week’s moves. This is the Built In LA Weekly Refresh.
Bobsled raised $17M. Developing a cross-cloud data-sharing solution, Bobsled wants to help companies connect their various data sources in a more native way. The platform pulled in a round of Series A funding from Greycroft and Madrona Venture Group that it plans to put toward expanding its platform to support more data sources. [TechCrunch]
Third Way Health raised $1.55M. Third Way Health develops front-office solutions for medical practices. It offers tools for virtual practice management, in-and-outbound multilingual contact and marketing and branding. Backed with seed funding from lead investor Apollo Medical Holdings, Third Way Health will establish its operations in the U.S. and Colombia. The company will also launch the pilot of its software solution with two practices in New York and California. [PR Newswire]
LA Tech Quote of the Week
“The decision to leave the Ethereum ecosystem is a combination of issues surrounding relatively slow transaction speeds … that would ultimately hinder Mythical’s scaling plans with our new games this year. Polkadot’s commitment to innovation, security and governance provides the most value for our community. We believe this new technology will not only support our growth efforts but also enable other Mythos partners to utilize this technology for their own high-scale projects.” — John Linden, founder and CEO of Mythical Games
Mythical Games joined forces with Polkadot. The Web3 game studio will migrate its blockchain for gaming transactions, called the Mythical Chain, onto the Polkadot ecosystem. Formerly, the Mythical Chain was a private Ethereum chain. The move will expand Mythical’s ecosystem to millions of users. The company will also launch a “Superchain” for the Mythos ecosystem that leverages Polkadot’s multichain tech to enable the development of new Web3 experiences. [Business Wire]
Biofriendly partnered with Eagle Point. The environmental tech company develops solutions to improve Earth’s air quality. Biofriendly teamed up with Eagle Point Funding to expand its business and gain R&D federal grants. Currently, Biofriendly offers Green Plus, a smog-reducing solution that has cleaned more than 17.5 billion gallons of fuel from the atmosphere to date, according to the company. [PR Newswire]
