A variety of industries are undergoing innovation thanks to these West Coast startups. From robotics to gaming and wine, check out what these companies are working on with their fresh funding. This is the Built In LA weekly refresh.
Dibbs secured $13M. The company operates a real-time marketplace platform for collectors of sports cards. Dibbs aims to make collectibles more accessible and enables fans to buy and sell fractions of sports cards. Having just announced the close of its Series A round, the startup is looking to invest in hiring new talent to its team, adding new product verticals and fueling international expansion. [Business Wire]
That’s No Moon got $100M. Working with developers from the studios behind games like “The Last of Us” and “Call of Duty: Modern Warfare,” That’s No Moon is aiming to create a new triple-A, story-based game. The investment came from Smilegate as the firm aims to take on a lengthier and more challenging endeavor than it would with free-to-play multiplayer games. [VentureBeat]
LA Tech Quote of the Week
inVia Robotics pulled in $30M. Aiming to increase warehouse productivity, the company provides customers with its AI-powered machines that work to optimize the flow across shipping and fulfillment centers. With its Series C funding co-led by Qualcomm Technologies and M12 Ventures, inVia is planning to invest in its strategic partnerships. To date, the startup has raised a total of $56 million in funding. [Built In LA]
Replicated raises $50M. This company’s platform works to reduce the amount of work involved for software developers looking to adapt their applications to run on on-premises servers. With its Series C funding round led by Owl Rock, Replicated is continuing to develop its enterprise software solution, fueling company growth and pursuing expansion into new markets. [SiliconAngle]
Varda Space Industries raised $42M. The Torrance-based startup is eight months old and already has its eyes on establishing a microgravity manufacturing facility in space by 2023. Its Series A round, co-led by Khosla Ventures and Caffeinated Capital, brings its total funding raise to date to more than $50 million. [TechCrunch]
Avaline got $9.5M. Co-founded by actress and author Cameron Diaz and fashion entrepreneur Katherine Power, Avaline is a one-year-old, digitally-native wine brand that’s undergoing steady growth. The company just closed on a Greycroft Ventures-led Series A that it plans to invest in expanding its team, growing in the retail space, furthering its D2C platform and expanding its presence across the globe and into new categories. [Business Wire]
