Los Angeles

100 Thieves' $35 million financing tops recent funding news in Los Angeles

Los Angeles-based esports and PC games company 100 Thieves has secured $35 million in Series B funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced July 16 and led by Artist Capital Management.

According to its Crunchbase profile, "100 Thieves, is an American esports, lifestyle and apparel brand located in Los Angeles in California. It began operation in 2017."

The four-year-old startup also raised a $25 million Series A round in 2018.

The round brings total funding raised by Los Angeles companies in gaming over the past 90 days to $76 million, an increase of $69 million from the previous three-month period. The local gaming industry has seen 19 funding rounds over the past year, capturing a total of $254 million in venture funding.

In other local funding news, women's and mhealth company Mahmee announced a $3 million seed funding round on July 15.

According to Crunchbase, "They are a growing community of maternal and child healthcare providers and healthcare technology professionals united by their shared goals to enhance the experience of new motherhood with ongoing professional support and to help infants grow, gain and thrive throughout the first year of life. Mahmee was founded on the radically inclusive belief that every woman deserves compassion and respect for her individual experience of new motherhood, and thoughtful, proactive professional support to become the mother she wants to be."

The company has raised two previous rounds, including a seed round in 2017.

This story was created automatically using local investment data, then reviewed by an editor. Click here for more about what we're doing. Got thoughts? Go here to share your feedback.