Tuesday, May 2, 2023
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Gigs Gains $2.7M For Hourly Job Search Service
Los Angeles-based Gigs announced this morning that it has raised $2.7M in a pre-seed funding round, to go towards its platform that helps connect companies with job seekers looking for hourly jobs. According to the company, the funding was led by Slauson & Co and also included Wonder Ventures, as well as angels. The company said it is focusing on helping retailers, food and beverage, logistics, and hospitality companies with their full-time and part-time hiring needs.
posted on Tuesday, May 2, 2023(Full story)
Sound Ventures Raises $240M Generative AI Fund
Los Angeles-based Sound Ventures, the venture capital fund run by Effie Epstein, Ashton Kutcher and Guy Oseary, says it has raised a $240M venture capital fund specifically to invest in generative artificial intelligence (AI). According to the firm, the new fund, Sound Ventures AI Fund, was oversubscribed, and brings the firm's total under management to over $1 billion. The fund has already invested in OpenAI, Anthropic, and StabilityAI. Sound Ventures said that the new fund will invest in "cate (More info...)
posted on Tuesday, May 2, 2023(Full story)
Tinder Decides To Finally Leave Russia
Los Angeles-based dating app developer Tinder and its parent company, Match Group, have finally decided to leave the Russian market, a year after most US companies started cutting ties with the country when Russia invaded Ukraine. According to Match Group, it will withdraw from the Russian market completely by June 30th. Interestingly enough, due to Tinder's continued business in Russia, the service has become part of the information warfare between Russia and Ukraine, with some users using the (More info...)
posted on Tuesday, May 2, 2023(Full story)
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