Connected TV advertising, hybrid games and protective eyeglasses to wear while watching and playing them raised tens of millions of dollars in venture capital this week.
Meanwhile, companies working in the hot industries of EV charging and NFTs added to their coffers too.
Check out what Los Angeles-area tech companies have been up to recently:
- MNTN, a Culver City-based marketing software platform for connected TV advertising, has raised $119 million in Series D financing co-led by funds and accounts managed by BlackRock and Fidelity Management and Research Company.
- PortalOne, a Norwegian hybrid games platform with U.S. operations in Los Angeles, has landed $60 million in an oversubscribed Series A funding round led by Tiger Global.
Stoggles aims to offer a stylish, yet highly effective eyewear made of prescription-friendly, lightweight and durable polycarbonate lenses with anti-fog coating.
Stoggles
- Duarte-based Stoggles has raised secured $40 million in growth funding led by The Chernin Group for its fashionable protective eyewear.
- Santa Monica-based InCharge Energy has sold a majority stake in its fleet electrification services business to early investor ABB, which has upped its stake to 60%. Terms were not disclosed.
- Los Angeles-based Launch House has secured $12 million in Series A funding led by Andrew Chen of a16z for its one-month digital and physical residency program for entrepreneurs.
- Unblocked, also known as The Non Fungible Token Company (NFTCo), has finalized a $10 million seed round led by Tiger Global and Penske Media Corp. to help music artists create customized digital music collectibles as NFTs.
- Santa Monica-based NVISIONx, a data risk intelligence (DRI) platform that fuses business data analytics with cyber intel to optimize data protection controls, has closed a $4.6 million seed funding round led by Companyon Ventures.
