MiLA Capital (Make in LA)

MiLA Capital, also known as Make in LA, is a specialized venture capital firm based in Los Angeles, California, dedicated to investing in next-generation hardware startups. Established with a clear focus on the seed stage, the firm targets companies innovating across various sectors, including the Internet of Things (IoT), robotics, advanced manufacturing, and other deep technology hardware solutions. Their unique value proposition extends beyond capital, aiming to provide hands-on support and strategic guidance to founders navigating the complex challenges of hardware development, production, and supply chain management.

The firm's investment thesis centers on identifying promising early-stage companies that can benefit from their deep industry expertise and network. MiLA Capital seeks to partner with founders who are building tangible products and require not just funding, but also operational assistance in areas like prototyping, manufacturing scale-up, and distribution. This hands-on approach is designed to de-risk hardware ventures and accelerate their path to market, leveraging Los Angeles' growing ecosystem for technology and manufacturing innovation.

MiLA Capital typically deploys initial checks ranging from $250,000 to $500,000, positioning them as a key early-stage investor for hardware companies. The firm has demonstrated its commitment to the sector by raising significant capital, including a $10 million fund announced in 2017, specifically earmarked for hardware investments. This financial backing, combined with their strategic support, aims to foster the growth of companies that are poised to redefine physical industries through technological advancements.