MedMen has received $37 million in gross cash proceeds for the sale of various businesses since Nov. 26.
Glendale-based ProducePay Inc. raised a $205 million debt financing round Dec. 10.
Tech: Deal with SM firm creates Draper Goren Holm
Timothy Draper has a history of funding some of the technology sector’s most prolific startups and now the venture capitalist is bringing his money to Los Angeles.
Engineering: Company secures work on rail tunnel, airport
Century City-based engineering and infrastructure firm AECOM is taking on two new European construction projects, including what will be the longest rail tunnel in the world.
Riot Games announced the launch of Riot Forge, a third-party developer publishing label.
Pasadena medical software developer Deep 6 AI raised a $17 million Series A.
Glendale-based software firm ServiceTitan acquired water treatment software developer WaterSoftWare for an undisclosed sum.
Wag Labs Inc. said product head Garrett Smallwood has replaced Hilary Schneider as the company's chief executive.
ENERGY: Company attracts backing of Soon-Shiong, Gates
For decades, solar technology experts have sought to generate electricity. But Pasadena-based Heliogen has a new technology that swaps fossil fuels for solar energy in industrial applications.
Tech: Video firm raises $50M for Hollywood location
New York-based video editing software developer Frame.io Inc. has raised a $50 million Series C round and will use part of the funding to gain a foothold in the L.A. market.
Charging station company, automaker add more perks
Sawtelle-based EVgo Services has expanded its existing relationship with Japanese automaker Nissan Motor Co. Ltd., offering free charges to Nissan drivers at any of its charging locations.
Venice-based startup Altruist Corp. raised an $8.5 million Series A round.
PayPal Holdings Inc. paid $4 billion to acquire Mid-Wilshire-based ecommerce software developer Honey Science Corp.
Esports organization Immortals Gaming Club finalized the sale of an esports team to Naples, Fla.-based Beasley Broadcast Group Inc. on Nov. 15.
GAMING: Company seeks to balance mobile, console
Activision Blizzard announces better-than-expected third-quarter earnings and a loss of 3 million users.