In this week’s edition of “Raises”: a local fintech startup raised $167 million to make it much easier to pay for parking spots, while software startups in Santa Barbara and Irvine also landed large funding rounds.
Metropolis Technologies, an L.A.-based fintech and “mobility commerce” platform, raised a $167 million Series B funding round co-led by 3L Capital and Assembly Ventures.
Overair, a Santa Ana-based electric vertical take-off and landing (eVTOL) aircraft startup, raised a $145 million investment from Hanwha Group.
Invoca, a Santa Barbara-based AI software platform, raised an $83 million Series F funding round led by Silver Lake Waterman.
Performio, an Irvine-based sales commission software company, raised a $75 million growth investment led by JMI Equity.
Moleaer, a Carson-based agriculture technology startup, raised a $40 million Series C financing round led by Apollo Global Management.
C-Zero, a Santa Barbara-based clean energy company focused on natural gas decarbonization, raised a $34 million financing round led by SK Gas.
Tango, an L.A.-based platform that streamlines process documentation, raised a $14 million Series A funding round led by Tiger Global Management.
XENDEE, a San Diego-based software provider for distributed energy resources planning and operation, raised $12 million in Series A financing led by Anzu Partners.
Tellie, an L.A.-based sitebuilder for Web3creators, raised a $10 million Series A funding round from investors including Malibu Point Capital, Galaxy Digital, Osage Venture Partners, Dapper Labs, SXSW Innovation Fund and Gaingels.
Saysh, Olympic track and field athlete Allyson Felix’s L.A.-based lifestyle brand, raised an $8 million Series A funding round led by IRIS Ventures and Athleta.
Alpha Edison, a Westwood-based venture capital firm, is looking to raise $340 million for its third fund, per an SEC filing.
Kairos Ventures, a Beverly Hills-based early-stage venture capital firm investing in life sciences startups, raised $58 million for its third fund.
Raises is dot.LA’s weekly feature highlighting venture capital funding news across Southern California’s tech and startup ecosystem. Please send fundraising news to Decerry Donato (firstname.lastname@example.org).