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Pacific Western Bank, Venture Banking Group

Pacific Western Bank is a commercial bank with over $26 billion in assets
and 76 branches primarily located in California, with one in Denver,
Colorado and another in Durham, North Carolina. Our Venture Banking Group
offers a comprehensive suite of financial services focused on
entrepreneurial businesses and their venture capital and private equity
investors. We also offer Community Banking and National Lending services.

For more information about the Venture Banking Group, visit
www.pacwest.com/lending-solutions/venture-lending, or send an email to
Brian Weber at bweber@pacwest.com


Monday, June 15, 2020

Tech Coast Angels Los Angeles Launches New Members Only Fund

Monday, June 15, 2020

The Tech Coast Angels says it has launched a new, annual fund, and is continuing to invest--despite the pandemic. According to the group's Los Angeles chapter, the Tech Coast Angeles-Los Angeles (TCA-LA), it is launching a new annual fund which will provide "new and diverse opportunities for investors and an additional source of startup capital for entrepreneurs." The angel group, the largest in the nation, said it invested over $19M in 2019, in part due to a similar fund created by its San Diego chapter, the TCA-San Diego, last year. The Tech Coast Angels said the total now through all of its chapter funds pledges $6M ready for deployment in 2020, and the group says it expects to invest that entire fund in 2020 in seed investments in start-up and early stage companies. According to the TCA, it has now invested in eleven companies this year, six of them after the beginning of the coronavirus outbreak, including investments in Fitplan, Grolens, Hawthorne Effect, Nevados, Neural Analytics, Noria Water TechnologiesRazbery Technologies, Ready, Set Food!, Recess, Somabar, and Turn Technologies.

 
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Bhavuk Kaul, How Gift a Plate Is Trying To Help Local Restaurants, Hungry

Monday, June 15, 2020

Recently, A new, nonprofit organization, Gift A Plate (www.giftaplate,org), launched effrts in Los Angeles, to allow people to donate to help both restaurants and families in need. The organization said it is looking to help aid restaurants and families who have been greatly impacted by COVID-19 in LA. The new nonprofit is was created by software company PlateIQ (www.plateiq.com), and is led by Bhavuk Kaul, who who chatted with about the new effort.

What is PlateIQ, and how did you come up with Gift a Plate?

Bhavuk Kaul: We are an accounts payable payments platform for the restaurant industry, and we are transitioning to serve other industries, such as the hospitality industry. We work with over 10,000 restaursnts, a lot of them in Southern California. When COVID happened, our industry was the first one to be hit, and we're now trying to recover from COVID. People are only now starting to eat out, and there is a lot of employment, and from that perspective, we wanted to see how we could help. What we are good at, is building technology and technology platforms. People want to help, but don't know what to do. Our goal, was to create a platform where individuals can donate money to cook food for people who don't have access to good, healthy meals. We started in San Francisco, where we are based, and recently launched in Los Angeles with our restaurant platform....

 
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Arena Pharmaceuticals Adds To Board

Monday, June 15, 2020

San Diego-based Arena Pharmaceuticals says it has added Dr. Katharine Knobil, MD, to its board of directors. Knobil is the current Chief Medical Officer and Head of Research and Development at Kaleido Biosciences. She also spent more than 20 years at GlaxoSmithKline (GSK), most recently as Chief Medical Officer. The company says Knobil has more than 20 years of experience in a wide range of areas, including global clinical development, health outcomes, and medical affairs.

 
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The Bouqs Company Names New CEO

Monday, June 15, 2020

Marina Del Rey-based online, floral delivery retailer The Bouqs Company announced today that it has named a new CEO, Alejandro Bethlen. The company said that founder and former CEO John Tabis will become Chairman of the Board. The Bouqs--which is a direct-to-consumer floral delivery brand which runs its own, vertically integrated floral supply chain--says Bethlen was most recently General Manager for Amazon Flex Europe and Asia Pacific, and had been at Amazon for eight years; he also had served at Procter & Gamble. The Bouqs said it raised $30M in funding earlier this year.

 
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LegalZoom Names General Counsel

Monday, June 15, 2020

Los Angeles-based LegalZoom, which provides online legal help and documents, says it has named Nicole Miller as the company's General Counsel. Miller was most recently General Counsel at The Honest Company, and also had previously served at Cooley and Gibson Dunn & Crutcher. LegalZoom said Miller will lead the company's legal organization and provide strategic guidance on compliance, risk management, and corporate governance. LegalZoom offers up legal help to individuals, families, and small businesses.

 
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Qualcomm Launches Small Business Accelerator

Monday, June 15, 2020

San Diego-based Qualcomm Technologies has launched a new program to help small businesses move towards the "mobile-first" world, the company said last week. According to Qualcomm, its Qualcomm Small Business Accelerator Program will offer up products powered by Qualcomm Technologies solutions, plus collaboration tools and technical and integration support, so they can continue to maintain operations throughout the current global pandemic and beyond. The company said the program--being run with the support of Best Buy Business, Microsoft, Verizon Business, and others--will provide up to $25,000 in products and technical support to approximately 25 small businesses. The company said the products will include cellular-connected laptops, Wi-Fi systems, mobile phones, Bluetooth enabled headsets and active mobile hotspots, along with technical / device integration and support.

 
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Kyriba Expands In EMEA

Monday, June 15, 2020

San Diego-based fintech provider Kyriba, which provides cash and liquidity management for cross border firms, says it is expanding its efforts in the Middle East, Central Europe, and Africa, with a new partnership. The company said it has partnered with Midis Group, to provide localized services and support in those regions. Kyriba offers up its products for managing payments, cash and liquidity management, supply chain finance, and foreign exchange risk management. The company offers up its products to the banking, finance, and government market.

 
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Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries

Are the great ideas stacking up faster than your engineering resources can
handle? Your company needs a reliable resource of analog/digital and
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many in the medical, scientific, military and aerospace industries, allow
us to offer engineering services that result in deliverable, production
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From Idea to IPO - KPMG’s Emerging Growth Practice

KPMG provides Bookkeeping, Audit, Tax, and Advisory services to assist you
at any stage of your life cycle. Whether you are starting your business,
strengthening your business, expanding into new markets, or pursuing an
exit, we have a global network of experienced resources that can take you
to the next level.

For more information, please contact Ryan Youhan at ryouhan@KPMG.com.


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Technology Management and Operational Outsourcing – PulseOne

PulseOne is a business services company specialized in delivering
IT-enabled solutions to emerging and high growth companies. Bringing
together the world's best technologies, renowned engineering design, and
proven implementation, PulseOne is uniquely positioned for Central and
South Coast based businesses to plan, build and manage your technology
infrastructure - from strategy to ongoing support. Our scalable model
allows companies to utilize the services they need as they grow, making
high value outsourced IT management cost effective for your growing
business. Staffed with technology specialists and lead by business
veterans, PulseOne is designed to support your business needs. For more
information on what we can do for you, contact us via
https://pulseone.com/sct/ or email us at sct@pulseone.com.


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IP Protection for Technology and Business - SoCal IP Law Group LLP

Patents. Trademarks. Copyrights. Trade Secrets.
IP Filings. IP Strategy. IP Litigation. IP Transactions.
US and Worldwide.

Offices in Westlake Village and Santa Barbara.

info@socalip.com www.socalip.com


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Early Stage Commercial Insurance - Pacific Unified Insurance Agency

We are a commercial insurance broker working with startup and early
stage technology and E-Commerce companies to implement cost effective
strategies for their insurance and risk management programs. We
provide guidance and strategic planning during various phases and also
advise regarding employee benefit structures to assist in employee
recruiting and retention. Coverage placements include D&O;, Property,
Liability, Workers Comp, E&O;, Cyber/Network Security and Employee
Benefit Programs.

Contact:

John Huttinger, CIC, CRM
Vice President
Ph#310-370-5000 Ext 3025 w Fx 310-370-5454
johnhuttinger@pacificunified.com


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Stradling

Stradling, Attorneys At Law (http://www.sycr.com" rel="nofollow">http://www.sycr.com)

Stradling Yocca Carlson & Rauth (“Stradling”) is a premier business law
firm with over 125 attorneys and 10 offices in the western US. The offices
are: Newport Beach, Santa Barbara, Santa Monica, San Diego, San Francisco -
SOMA, San Francisco - Financial District, Sacramento, Reno, Denver,
Seattle. The Firm’s corporate, litigation and public law practices are well
known for their expertise and depth. Stradling's clients include emerging
and high growth public and private companies as well as private equity
funds, venture capital groups and their respective portfolio companies.
Widely recognized for its expertise, responsiveness and outstanding client
service, the Firm's size, structure, and culture allow it to provide the
highest quality representation while maintaining the responsiveness and
relationships commonly associated with smaller firms.


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IP Protection for Technology and Business - SoCal IP Law Group LLP

Patents. Trademarks. Copyrights. Trade Secrets.
IP Filings. IP Strategy. IP Litigation. IP Transactions.
US and Worldwide.

Offices in Westlake Village and Santa Barbara.

info@socalip.com www.socalip.com


Friday, June 12, 2020

Avidity Biosciences Prices IPO

Friday, June 12, 2020

San Diego-based Avidity Bio, a biopharmaceuticals company working on oligonucleotide-based therapies, priced its IPO last night, saying that it will offer up 14,400,000 shares of its common stock at $18.00 per share. The company priced above its initial estimated offering range of $14.00 to $16.00 per share. The company said it will begin trading on the Nasdaq Global Market today, June 12th, under the ticker symbol RNA. Avidity Biosciences is venture backed by RTW Investments, Cormorant Asset Management, Eli Lilly and Company, ALETHEA Capital Management, and EcoR1 Capital.

 
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Google Sues Sonos Over Patents

Friday, June 12, 2020

Sonos, with a patent infringement lawsuit, saying that Sonos has illegally used a number of Google patents in the development of its wireless audio technology. The lawsuit, Google LLC v. Sonos, Inc., was filed in the US District Court for the Northern District of California on Thursday. Google accused Sonos of violating at least three patents-- 7,899,187 Domain-based digital-rights management system with easy and secure device enrollment; 8,583,489 Generating a media content availability notification; and 7,065,206 Method and apparatus for adaptive echo and noise control. The patent infringement lawsuit is in response to another, patent infringement lawsuit filed by Sonos against Google January, where Sonos sought both financial damages and a ban on the sale of Google's speakers, smartphones, and laptops in the United States.

 
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VetPro Offers Up Software For Free

Friday, June 12, 2020

Irvine-based Panoramic-VetPro, a developer of software for state and county governments used to manage disability claims, said it will offer up its software to free to veteran service organizations. According to the company, it will offer up its disability claim management system, VetPro, to any organization that works to support disabled Veterans apply for benefits from the Department of Veterans Affairs during the COVID crisis. The company's software-as-a-service system helps agencies meet virtually with Veterans, fill out VA forms, digitally sign documents and electronically submit claim packages to the VA.

 
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Pacific Western Bank, Venture Banking Group

Pacific Western Bank is a commercial bank with over $26 billion in assets
and 76 branches primarily located in California, with one in Denver,
Colorado and another in Durham, North Carolina. Our Venture Banking Group
offers a comprehensive suite of financial services focused on
entrepreneurial businesses and their venture capital and private equity
investors. We also offer Community Banking and National Lending services.

For more information about the Venture Banking Group, visit
www.pacwest.com/lending-solutions/venture-lending, or send an email to
Brian Weber at bweber@pacwest.com


Advertisement

From Idea to IPO - KPMG’s Emerging Growth Practice

KPMG provides Bookkeeping, Audit, Tax, and Advisory services to assist you
at any stage of your life cycle. Whether you are starting your business,
strengthening your business, expanding into new markets, or pursuing an
exit, we have a global network of experienced resources that can take you
to the next level.

For more information, please contact Ryan Youhan at ryouhan@KPMG.com.


Advertisement

Accelerating Growth For Early Stage Innovation.

The Preccelerator® Program is an accelerator for early-stage startups
offered to select companies out of the Santa Monica office of Stubbs
Alderton & Markiles, LLP that provides initial capital, sophisticated legal
services, interim office space, mentorship, a targeted curriculum,
investment strategy counseling and access to a strategic perks portfolio
with the objective of helping you grow your idea from business concept to
funded startup.

www.preccelerator.com


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Technology Management and Operational Outsourcing – PulseOne

PulseOne is a business services company specialized in delivering
IT-enabled solutions to emerging and high growth companies. Bringing
together the world's best technologies, renowned engineering design, and
proven implementation, PulseOne is uniquely positioned for Central and
South Coast based businesses to plan, build and manage your technology
infrastructure - from strategy to ongoing support. Our scalable model
allows companies to utilize the services they need as they grow, making
high value outsourced IT management cost effective for your growing
business. Staffed with technology specialists and lead by business
veterans, PulseOne is designed to support your business needs. For more
information on what we can do for you, contact us via
https://pulseone.com/sct/ or email us at sct@pulseone.com.


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Early Stage Commercial Insurance - Pacific Unified Insurance Agency

We are a commercial insurance broker working with startup and early
stage technology and E-Commerce companies to implement cost effective
strategies for their insurance and risk management programs. We
provide guidance and strategic planning during various phases and also
advise regarding employee benefit structures to assist in employee
recruiting and retention. Coverage placements include D&O;, Property,
Liability, Workers Comp, E&O;, Cyber/Network Security and Employee
Benefit Programs.

Contact:

John Huttinger, CIC, CRM
Vice President
Ph#310-370-5000 Ext 3025 w Fx 310-370-5454
johnhuttinger@pacificunified.com


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Stradling

Stradling, Attorneys At Law (http://www.sycr.com" rel="nofollow">http://www.sycr.com)

Stradling Yocca Carlson & Rauth (“Stradling”) is a premier business law
firm with over 125 attorneys and 10 offices in the western US. The offices
are: Newport Beach, Santa Barbara, Santa Monica, San Diego, San Francisco -
SOMA, San Francisco - Financial District, Sacramento, Reno, Denver,
Seattle. The Firm’s corporate, litigation and public law practices are well
known for their expertise and depth. Stradling's clients include emerging
and high growth public and private companies as well as private equity
funds, venture capital groups and their respective portfolio companies.
Widely recognized for its expertise, responsiveness and outstanding client
service, the Firm's size, structure, and culture allow it to provide the
highest quality representation while maintaining the responsiveness and
relationships commonly associated with smaller firms.


Advertisement

Technology Management and Operational Outsourcing – PulseOne

PulseOne is a business services company specialized in delivering
IT-enabled solutions to emerging and high growth companies. Bringing
together the world's best technologies, renowned engineering design, and
proven implementation, PulseOne is uniquely positioned for Central and
South Coast based businesses to plan, build and manage your technology
infrastructure - from strategy to ongoing support. Our scalable model
allows companies to utilize the services they need as they grow, making
high value outsourced IT management cost effective for your growing
business. Staffed with technology specialists and lead by business
veterans, PulseOne is designed to support your business needs. For more
information on what we can do for you, contact us via
https://pulseone.com/sct/ or email us at sct@pulseone.com.


Thursday, June 11, 2020

Headspace Raises $47.7M

Thursday, June 11, 2020

Santa Monica-based meditation app provider Headspace has raised $47.7M in an equity funding round, according to a regulatory filing by the company, filed this week. The funding--an extension of its Series C funding--was announced at the Snap Partner Summit. According to the filing, the funding came from 10 different investors. The funding comes on top of an earlier, $53M in equity the company announced in February from such investors as blisce/, Waverly Capital, Times Bridge, The Chernin Group, Spectrum Equity and Advancit Capital. Mindspace develops mindfulness and meditation software, used to help users reduce stress. Headspace and Snap said today that they would be bringing Headspace's mindfulness tools directly to Snaps users. The company said it now has raised $100.7M in its Series C funding.

 
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SpaceX Planning New Launch From Vandenberg

Thursday, June 11, 2020

Hawthorne-based SpaceX is planning a new launch of a payload from Vandenberg Air Force Base, just north of Lompoc, the first since June of 2019. According to NASA, it will be launching a new, international ocean measurement satellite, Sentinel-6. NASA said that Sentinel-6 will collect data on ea level, a key indicator of how Earth's warming climate affects weather and coastlines. SpaceX's last launch in Vandenberg was a set of three earth observation satellites for the Government of Canada.

 
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Cue Health Connects With $100M

Thursday, June 11, 2020

San Diego-based Cue Health, a developer of rapid molecular testing products, has raised $100M in a Series C funding round, the company said this week. The funding came from Decheng Capital, Foresite Capital, Madrone Capital Partners, Johnson & Johnson Innovation - JJDC, Inc., ACME Capital and other investment firms, according to the company. Cue Health develops rapid molecular testing products, aimed at use in nursing homes, emergency departments, and community health clinics. The company said financing will go towards complete development, validation, and scale-up of manufacturing of the Cue Health Monitoring System and Cue Test Cartridges. The company's products include a molecular test for COVID-19, which is currently under review by the FDA for an Emergency Use Authorization. The company is led by co-founder and CEO Ayub Khattak.

 
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RocketLab Delays Launch To June 13th

Thursday, June 11, 2020

Huntington Beach-based rocket launch provider Rocket Lab is again delaying its launch for this week, to June 13th. According to Rocket Lab, the delay--the second for the DontStopMeNow mission--is due to high winds at its LC-1 launch site. The company says the launch is now targeted for no earlier than 04:43 UTC on June 13th. The company's Electron rocket carries three payloads designed by the U.S. National Reconnaissance Office (NRO), which provides imagery and other information to U.S. intelligence agencies. Rocket Lab's rockets are designed to put up small satellites (Cubesats) into space.

 
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Slingshot Aerospace Creates Online Mapping Tool For Food Help

Thursday, June 11, 2020

Los Angeles-based Slingshot Aerospace, a startup which normally develops situational intelligence software, is helping to address some of the major issues to emerge out of the global COVID-19 pandemic, by helping to create an online mapping tool for finding food help. The company said it has partnered with 211 Los Angeles County, the official information and referral source for health and human services in LA County, to launch an online mapping tool helping LA county residents in need locate over 2,000 free or low-cost food resources. The tool--211 LA FoodFinder--lets residents of LA County find child food resources, meal services, grocery and food pantries, senior food programs, and also government food benefit programs. The company said it used a customized version of its Slingshot Earth mapping tool to provide all of those resources.

 
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inVia Robotics Expands Into Asia

Thursday, June 11, 2020

Westlake Village-based inVia Robotics, which develops warehouse automation robots, is in an expansion into Asia, with its first deployment in Osaka, Japan. According to inVia Robotics, it will supply its autonomous mobile robots to automate fulfillment operations in the primary distribution center of Kantsu, a provider of logistics and warehousing services to the e-commerce industry. Financial details of the deal were not announced. inVia said it will provide a fleet of 200 autonomous mobile robots, which will help automate the picking process at Kantsu's warehouse, overcoming limitations of manual picking. inVia Robotics--led by Lior Elazary--offers up its robots in a service-based model, monitoring the operations of its robots remotely at its own monitoring center, proactively replacing and repairing robots as they run into issues.

 
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Dimer In Deal With Partnership For Airplane Disinfection

Thursday, June 11, 2020

Los Angeles-based Dimer LLC, the maker of the "GermFalcon" germicidal lighting, has entered into a strategic partnership with Honeywell to the aviation market, the company said on Wednesday. According to Dimer, Honeywell will sell the GermFalcon as the Honeywell UV Cabin System for "airline recovery". Dimer's system uses ultraviolet light for disinfection of surfaces, something which has been used in the healthcare industry for years. UV light reduces various bacteria and viruses on exposed surfaces. Financial terms of the deal were not announced. Dimer says it has been working on its GermFalcon for six years; the company's technology has become very relevant in the era of COVID-19

 
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Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries

Are the great ideas stacking up faster than your engineering resources can
handle? Your company needs a reliable resource of analog/digital and
software engineers to understand your issues, define the problem
statements and lay out a course of action to output hardware products
ready for integration into your system. Our unique capabilities, used by
many in the medical, scientific, military and aerospace industries, allow
us to offer engineering services that result in deliverable, production
ready subsystems so you can concentrate on targeting your customer base
and not stressing about the right mix and numbers of engineering talent
needed to see your vision become reality.

Contact us at http://www.bestronics.com


Advertisement

IP Protection for Technology and Business - SoCal IP Law Group LLP

Patents. Trademarks. Copyrights. Trade Secrets.
IP Filings. IP Strategy. IP Litigation. IP Transactions.
US and Worldwide.

Offices in Westlake Village and Santa Barbara.

info@socalip.com www.socalip.com


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Resources For UK Companies and Investors Impacted By Coronavirus

If you are a UK company, or an investor in the UK, and the Coronavirus is
affecting your business:

https://www.businesssupport.gov.uk/coronavirus-business-support/

If you have a UK registered business this is the primary source of
information regarding the British Governments response and how to access
that support. This includes employee furlough support, the large business
loan scheme, corporate financing facility, HMRC’s ‘Time to Pay’ tax
service, and VAT deferral.

From UK Government's Department for International Trade (DIT)


Advertisement

Pacific Western Bank, Venture Banking Group

Pacific Western Bank is a commercial bank with over $26 billion in assets
and 76 branches primarily located in California, with one in Denver,
Colorado and another in Durham, North Carolina. Our Venture Banking Group
offers a comprehensive suite of financial services focused on
entrepreneurial businesses and their venture capital and private equity
investors. We also offer Community Banking and National Lending services.

For more information about the Venture Banking Group, visit
www.pacwest.com/lending-solutions/venture-lending, or send an email to
Brian Weber at bweber@pacwest.com


Advertisement

Stradling

Stradling, Attorneys At Law (http://www.sycr.com" rel="nofollow">http://www.sycr.com)

Stradling Yocca Carlson & Rauth (“Stradling”) is a premier business law
firm with over 125 attorneys and 10 offices in the western US. The offices
are: Newport Beach, Santa Barbara, Santa Monica, San Diego, San Francisco -
SOMA, San Francisco - Financial District, Sacramento, Reno, Denver,
Seattle. The Firm’s corporate, litigation and public law practices are well
known for their expertise and depth. Stradling's clients include emerging
and high growth public and private companies as well as private equity
funds, venture capital groups and their respective portfolio companies.
Widely recognized for its expertise, responsiveness and outstanding client
service, the Firm's size, structure, and culture allow it to provide the
highest quality representation while maintaining the responsiveness and
relationships commonly associated with smaller firms.


Advertisement

From Idea to IPO - KPMG’s Emerging Growth Practice

KPMG provides Bookkeeping, Audit, Tax, and Advisory services to assist you
at any stage of your life cycle. Whether you are starting your business,
strengthening your business, expanding into new markets, or pursuing an
exit, we have a global network of experienced resources that can take you
to the next level.

For more information, please contact Ryan Youhan at ryouhan@KPMG.com.


Wednesday, June 10, 2020

SpaceX Bails On Lease At Port Of Los Angeles, Again

Wednesday, June 10, 2020

Hawthorne-based SpaceX has bailed on a pending deal to lease space at the Port of Los Angeles, the second time it has done so in the last year. The withdrawal of SpaceX's lease comes after a massive scramble by the Los Angeles Board of Harbor Commissioners to approve a 10-year agreement with SpaceX in February. SpaceX did not give a reason for withdrawing from the lease, however, it comes after Elon Musk threatened to leave California because of the state's response to the coronavirus pandemic. The Port of Los Angeles location was supposed to be the manufacturing site for the Starship, which SpaceX eventually wants to take to Mars. SpaceX had rejected another, approved lease back in January of 2019, saying it would rather manufacture the spacecraft in Texas.

 
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Wheels Re-Launches Operations

Wednesday, June 10, 2020

Los Angeles-based Wheels, which provides on-demand, e-bike sharing services, has re-launched its operations, 3 months after pausing its operations due to the COVID-19 pandemic. According to the service, it is re-launching in Los Angeles, San Diego, Dallas, Austin, and Orlando this week, after re-launching its services in Stockholm and Madrid previously. As part of the re-launch, Wheels said it has introduced new "self-sanitizing" handlebars and brake levers, and also has added baskets to the front of its e-bikes, so that its users can use its vehicles to pick up essential items, go shopping, and run other errands, rather than use a car or public transportation. Wheels said the new "self-sanitizing" handlebars are through a partnership with NanoSeptic, whose coatings--according to Wheels--use "mineral nanocrystals" which continuously break down any organic contaminants on surfaces.

 
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Wave Adds $30M For Virtual Concerts

Wednesday, June 10, 2020

Los Angeles-based Wave, which develops software and hardware to enable live, virtual reality concerts, has raised $30M in a Series B funding round, the company said on Wednesday. The funding was led by Maveron Ventures and Griffin Gaming Partners, and also included angels Alex Rodriguez and Scooter Braun. Wave is led by CEO Adam Arrigo. The company uses motion capture to power virtual, interactive concerts for music artists.

 
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Gift A Plate Lets Users Donate Meals To Families In Need

Wednesday, June 10, 2020

A new, nonprofit organization, Gift A Plate, is working with local restaurants in Los Angeles, to allow people to donate to help both restaurants and families in need. The organization--launched by Silicon Valley startup Plate IQ, HotSchedules, and others--said it is looking to help aid restaurants and families who have been greatly impacted by COVID-19 in LA. The organization said that local Los Angeles restaurants, including Pink Taco, Barcade, Solita, Tocaya, El Torito, Acapulco, The Stand, Holy Cow, Bacari and Sol will use those donations to produce meals for local shelters and food banks that are partnered with Gift A Plate. Gift A Plate says it is working with local restaurants, shelters and food banks in NYC, LA and San Francisco, with plans to expand to additional cities soon.

 
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DelMar Pharmaceuticals Acquires Adgero Biopharmaceuticals

Wednesday, June 10, 2020

San Diego-based DelMar Pharmaceuticals announced this morning that it has acquired Adgero Pharmaceuticals. Financial details of the all equity deal were not announced. According to DelMar, it will change its name to Kintara Therapeutics, and change its NASDAQ symbol to KTRA. Adgero is a developer of late stage photodynamic therapy platform for the treatment of serious cutaneous oncology indications. DelMar said that current DelMar stockholders will own 50.5% of the company, and Adgero stockholders will own 49.5% of the total voting power of the combined company.

 
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LiveXLive Links With Baeble Music

Wednesday, June 10, 2020

Los Angeles-based live streaming audio and video provider LiveXLive said this mornign that it has linked with music streaming provider Baeble Music, to distribute its content across Baeble's platform. Financial details of the content, distribution, and revenue share agreement were not announced. LiveXLive said the addition of Baeble expands its reach to a total of 35 platforms. The addition of Baeble is on top of existing deals with such providers as Apple TV, Android TV, Comcast X1, Roku, Samsung TV, XUMO, and XBox.

 
Continue →

Advertisement

Technology Management and Operational Outsourcing – PulseOne

PulseOne is a business services company specialized in delivering
IT-enabled solutions to emerging and high growth companies. Bringing
together the world's best technologies, renowned engineering design, and
proven implementation, PulseOne is uniquely positioned for Central and
South Coast based businesses to plan, build and manage your technology
infrastructure - from strategy to ongoing support. Our scalable model
allows companies to utilize the services they need as they grow, making
high value outsourced IT management cost effective for your growing
business. Staffed with technology specialists and lead by business
veterans, PulseOne is designed to support your business needs. For more
information on what we can do for you, contact us via
https://pulseone.com/sct/ or email us at sct@pulseone.com.


Advertisement

Accelerating Growth For Early Stage Innovation.

The Preccelerator® Program is an accelerator for early-stage startups
offered to select companies out of the Santa Monica office of Stubbs
Alderton & Markiles, LLP that provides initial capital, sophisticated legal
services, interim office space, mentorship, a targeted curriculum,
investment strategy counseling and access to a strategic perks portfolio
with the objective of helping you grow your idea from business concept to
funded startup.

www.preccelerator.com


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Pixelgate.net - Internet Access, Web Hosting, Network Services

We put the "Service" back into Internet Service Provider.
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Early Stage Commercial Insurance - Pacific Unified Insurance Agency

We are a commercial insurance broker working with startup and early
stage technology and E-Commerce companies to implement cost effective
strategies for their insurance and risk management programs. We
provide guidance and strategic planning during various phases and also
advise regarding employee benefit structures to assist in employee
recruiting and retention. Coverage placements include D&O;, Property,
Liability, Workers Comp, E&O;, Cyber/Network Security and Employee
Benefit Programs.

Contact:

John Huttinger, CIC, CRM
Vice President
Ph#310-370-5000 Ext 3025 w Fx 310-370-5454
johnhuttinger@pacificunified.com


Advertisement

Stradling

Stradling, Attorneys At Law (http://www.sycr.com" rel="nofollow">http://www.sycr.com)

Stradling Yocca Carlson & Rauth (“Stradling”) is a premier business law
firm with over 125 attorneys and 10 offices in the western US. The offices
are: Newport Beach, Santa Barbara, Santa Monica, San Diego, San Francisco -
SOMA, San Francisco - Financial District, Sacramento, Reno, Denver,
Seattle. The Firm’s corporate, litigation and public law practices are well
known for their expertise and depth. Stradling's clients include emerging
and high growth public and private companies as well as private equity
funds, venture capital groups and their respective portfolio companies.
Widely recognized for its expertise, responsiveness and outstanding client
service, the Firm's size, structure, and culture allow it to provide the
highest quality representation while maintaining the responsiveness and
relationships commonly associated with smaller firms.


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Tuesday, June 9, 2020

Grow Credit Gets $2M In Seed Funding

Tuesday, June 9, 2020

Santa Monica-based Grow Credit, a startup which helps people establish credit by paying for subscriptions to services such as Netflix, Disney Plus, and Spotify, has raised $2M in a seed funding round, the company said on Tuesday. The funding came from Mucker Labs. The startup, led by Joe Bayen, has a virtual Mastercard which lets users pay for services and establish a credit record using those payments. The company said that the funding also included angels Jason Robins (DraftKings), Ronnie Lott (former NFL player), and Sebastien Deguy (Adobe).

 
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Los Angeles Sued By ACLU Over Scooter Tracking

Tuesday, June 9, 2020

On-demand scooter companies in the City of Los Angeles have gained a new ally in their efforts to keep the data about their scooters private, after the American Civil Liberties Union (ACLU) sued the Los Angeles Department of Transportation (LADOT) over its collection of anonymized electric scooter data. According to the complaint filed by the ACLU, the ACLU says that the collection of trip data by Los Angeles is "violation of their right to be free from unreasonable searches and seizures in contravention of the United States and California Constitutions" and also says that data collection violates the California Electronic Communications Private Act (CalEPCA). Among other demanDs, the lawsuit seeks to stop the collection of that data by Los Angeles, to delete all "precise and identifiable location data" and alsO is looking for damages.

 
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Flowly Launches Virtual Reality, Relaxation App

Tuesday, June 9, 2020

Los Angeles-based Flowly, a startup developing mobile apps to help manage chronic pain and anxiety, said today that it has launched a new app to help people relax using virtual reality. According to the company, its app offers up "beautiful and peaceful virtual reality and 360 degree worlds" which are tied into biofeedback for relaxation training. The company said that either a user's phone or a VR headset can be used to monitor and adjust how they breathe, focus, and learn how to better regulate their own nervous systems. Flowly is led by co-founder and CEO Celine Tien.

 
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Versant Ventures Launches New Company, Lycia Therapeutics, With $50M

Tuesday, June 9, 2020

San Diego-based venture investor Versant Ventures has launched a brand new company out of its Inception Discovery Engine incubator in San Diego, saying this morning it has invested $50M in Lycia Therapeutics. According to Versant Ventures, Lycia Therapeutics will use the funding to develop lysosomal targeting chimeras, or LYTACs, as therapeutics for a broad set of currently intractable cell surface targets. Versant said it started Lycia in 2019 within its Inception Labs effort in San Diego, in a collaboration with Carolyn Bertozzi, Ph.D., professor of chemistry and HHMI investigator at Stanford University. As part of the funding and announcement of the company, Versant said it has named Aetna Wun Trombley as CEO of Lycia Therapeutics, which will be based in San Francisco.

 
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Fralock Acquires Career Technologies USA

Tuesday, June 9, 2020

Valencia-based Fralock, which designs and manufactures specialty components for the aerospace, electronics, industrial life science, medical, satellite, and semiconductor equipment manufacturing industries, has acquired Chatsworth-based Career Technologies USA 

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Vacos Launches AI Powered Security Camera

Tuesday, June 9, 2020

City of Industry-based Vacos announced last week that it has launched a new, artificial intelligence (AI) powered video camera, which it says is now available in the US, UK, Germany, France, Italy, Spain, and the Netherlands. The company said the camera is aimed at smart home applications, and is battery powered. The company said the new camera features WiFi, a spotlight, and "siren alarms", and was funded through campaigns on Indiegogo and Kickstarter back in November of 2019.

 
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Stradling

Stradling, Attorneys At Law (http://www.sycr.com" rel="nofollow">http://www.sycr.com)

Stradling Yocca Carlson & Rauth (“Stradling”) is a premier business law
firm with over 125 attorneys and 10 offices in the western US. The offices
are: Newport Beach, Santa Barbara, Santa Monica, San Diego, San Francisco -
SOMA, San Francisco - Financial District, Sacramento, Reno, Denver,
Seattle. The Firm’s corporate, litigation and public law practices are well
known for their expertise and depth. Stradling's clients include emerging
and high growth public and private companies as well as private equity
funds, venture capital groups and their respective portfolio companies.
Widely recognized for its expertise, responsiveness and outstanding client
service, the Firm's size, structure, and culture allow it to provide the
highest quality representation while maintaining the responsiveness and
relationships commonly associated with smaller firms.


Advertisement

Accelerating Growth For Early Stage Innovation.

The Preccelerator® Program is an accelerator for early-stage startups
offered to select companies out of the Santa Monica office of Stubbs
Alderton & Markiles, LLP that provides initial capital, sophisticated legal
services, interim office space, mentorship, a targeted curriculum,
investment strategy counseling and access to a strategic perks portfolio
with the objective of helping you grow your idea from business concept to
funded startup.

www.preccelerator.com


Monday, June 8, 2020

Avidity Biosciences Sets IPO Pricing Range

Monday, June 8, 2020

La Jolla-based Avidity Biosciences, which is developing oligonucleotide-based therapies for rare and serious diseases, has set the pricing range for its IPO, saying it is looking to sell 10 million shares at between $14.00 and $16.00 per share. The company said it has applied to list on the Nasdaq Global Market as RNA. Avidity Biosciences is venture backed by RTW Investments, Cormorant Asset Management, Eli Lilly and Company, ALETHEA Capital Management, and EcoR1 Capital.

 
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Pandemic Hits In Person VR Firm Spaces

Monday, June 8, 2020

Santa Monica-based Spaces, led by CEO Shiraz Akmal, has had to shut down all of its VR rides and experiences worldwide due to the ongoing coronavirus pandemic, and has pivoted to building VR applications, acording to a report. The company--which had been building out a network of in-person, virtual reality (VR) rides in the U.S., China, and Japan--is a spinoff of Dreamworks Animation. The company's current focus in a VR users that lets users join Zoom video calls as an avatar.

 
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Riot Games Commits $10M To Minority Owned Game Studio Investments

Monday, June 8, 2020

Los Angeles-based Riot Games is looking to help patch up rocky race relationships in the United States, saying over the weekend that it will invest $10M in minority-owned game studios, in addition to providing $1M to the Innocence Project and the ACLU (American Civil Liberties Union), via is Social Impact Fund. The donations are among a number being made by video game companies, including $1M from Zynga and $1M from Electronic Arts to a number of organizations supporting minority causes. Riot Games' said "Providing opportunities to those who otherwise may not have access involves ensuring we are supporting and championing the growth of minorities in the gaming and tech industries."

 
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Interview with Scott Grimes, Stackin

Monday, June 8, 2020

Our interview today is with Scott Grimes, the CEO of Los Angeles-based Stackin', which operates a text-based, financial messaging platform. Stackin recentlyraised $12.6M in a funding round led by Octopus Ventures, and also which also included Experian Ventures, Cherry Tree Investments, Dig Ventures, Mucker Capital, Unlock Venture Partners, TechStars and Wavemaker Partners.


What is Stackin'?

Scott Grimes: We are the simplest entry point into finance. We try to make it very easy for the average consumer to get more financial information, content, and ultimately, product, in the financial industry.

How did the company start?

Scott Grimes: The goal was always to make it simpler for people to engage with their finances. It's tough to navigate the system for people who don't have a lot of money, and there are less entry points, generally, making it relevant and accessible to those people. Our goal, from the beginning, 3 years ago, was to create the simplest entry point into finance we could. We wanted to make the topics, information, and content relevant to people as they came into the ecosystem. Ultimately, we wanted to create a simpler way, a place for people to not be judged, and ultimately allow them to engage in financ in a much more, personalized way.

We see a lot of this is based on text messaging?

Scott Grimes: Ultimately, we are a text messaging platform build on top of Twilio....

 
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Amplyx Pharmaceuticals Names VPs

Monday, June 8, 2020

San Diego-based biopharmaceuticals developer Amplyx Pharmaceuticals announced today that it has named Chris LeMasters as Chief Operating Officer and Carlos Sattler, M.D., as Senior Vice President, Clinical Development. LeMasters was most recently Chief Business Officer of Mirati Therapeutics, with Sattler previously serving at Halozyme, Sandoz, and Merck. Amplyx is developing therapies for patients with compromised immune systems. The company recently raised $53M more in funding, from Sofinnova Investments, New Enterprise Associates, Lundbeckfonden Ventures, Arix Bioscience, Pappas Capital, RiverVest Venture Partners, 3×5 Partners, BioMed Ventures, Pfizer Inc. and Adage Capital Management

 
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Karma Automotive Sets Chief Strategy Officer

Monday, June 8, 2020

Irvine-based electric car developer Karma Automotive announced this morning that it has named Greg Tarr as the company's new Chief Strategy Officer (CSO). According to Karma, Tarr has previously served at such companies at Vvodafone China, Singel's Globe Telecom, Axiata Group and Rogers Communitions, Gympse, Sirius XM, Networks in Motion, as well as a number of other companies. Karma says Tarr will head up strategy, corporate development, business development, product planning, and new ventures for the company.

 
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