Several LA tech companies made headlines last week with startups raising venture capital and some rebranding. This is the Built In LA weekly refresh.
Here are the top 5 LA tech sectors to watch. It’s no secret LA is a major tech hub. From SpaceX to Snap Inc., companies are popping up in all sectors to change the way the world interacts. The five tech sectors to keep your eye on include gaming, e-commerce, fitness tech, electric vehicles and NFTs. [Built In LA]
Ember gained $23.5M. Ember Technologies raised $23.5 million in a Series E round led by GOLDTek Technology. Ember, a temperature control brand and technology platform, will use its fresh funding to develop new product categories for consumer and healthcare verticals, as well as expand the brand internationally. [PR Newswire]
LA TECH QUOTE OF THE WEEK
Groundswell gained $15M. Groundswell is an app backed by Google that gives employees the option of having charitable giving as part of their benefits package. Groundswell CEO Jake Wood, a former Marine, created the app so corporate America could give back. The recent funding will be used to hire engineers and product staff. [dot.LA]
Coco released a new model. The robot-based delivery service launched the new delivery model, COCO 1. Thousands of the new models are being launched to work with businesses in multiple cities. COCO 1 features increased carrying capacity and will deliver larger orders for a wider range of businesses. [PR Newswire]
WAVE.tv rebranded. The sports and entertainment company rebranded as Wave Sports + Entertainment (WSE). The rebrand comes as the company experiences rapid growth. WSE also announced its new, 8,500-square-foot headquarters in Santa Monica’s Silicon Beach. [Business Wire]
