Malibu
The breakdown
8 startups on file in Malibu, spanning B2B, Robotics, Fintech, 7 of 8 have disclosed funding, $44.6M combined, founding dates span 2019-2023.
- Horizon Surgical Systems — Robotics, Series A, $30.0M raised.
- NGF Holdings, LLC — Fintech, $8.0M raised, founded 2023.
- Oscar Wilde Spirits, Inc. — B2B, $2.7M raised, founded 2019.
- Storyline AI Inc — B2B, $2.0M raised, founded 2022.
- CubaVision LLC — B2B, $1.5M raised.
- Radicai LLC — B2B, $338K raised.
- Sunnyday Co. LLC — B2B, $155K raised, founded 2023.
- PADO — B2B.
A bit of history
Frederick Hastings Rindge, a Harvard-educated East Coast transplant, bought the Malibu property in 1892 for about $10 an acre, and he and his wife May became the last owners of the Malibu Spanish Land Grant. Their daughter Rhoda and her husband Merritt Adamson built the Adamson House in 1929, using clay found on the property (while May was actually searching for oil) to found Malibu Potteries, a short-lived tile company whose work is now considered historically significant. The Rindge family held the land under tight private control for decades, and Malibu didn't incorporate as its own city until 1991.
Series A$30.0MHorizon Surgical Systems develops AI-driven; imaging-guided surgical robotics for microsurgery.
PADO offers AI orchestration solutions for data centers that optimize power usage, cut operational costs, and ensure scalable performance for mission-critical workloads.