*socaltech.com <http://socaltech.com> TechNews - Thursday, April 16, 2020* Edited by Benjamin F. Kuo ISSN: 1524-6736 http://www.socaltech.com/News ------------------------------
*Sponsored By * Pacific Western Bank, Venture Banking Group (http://www.pacwest.com/lending-solutions/venture-lending) Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com). Business. Technology. Law. Vision. KPMG (http://home.kpmg/us/en/home/about/offices/los-angeles-1.html) Level up with KPMG ------------------------------ *Headlines * - Wavemaker Three-Sixty Health Launches New Fund <#0079754> - The Collaborative Collects $7M For Plant-based Yogurt <#0079755> - Casa Verde Leads $23M Series B For Greenbits <#0079756> - Stamps.com Waives Monthly Fee For Senior Citizens Due To Pandemic <#0079757> - Headspace Teams With Sesame Street On Mindfulness <#0079753> - ResMed Gets Ventilator Contract Worth $32M <#0079752> *Marketplace* - Stubbs Alderton & Markiles Preccelerator <#ad694> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Resources For UK Companies and Investors Impacted By Coronavirus <#ad762> *Thursday, April 16, 2020* *Early Stage Commercial Insurance - Pacific Unified Insurance Agency < [email protected]>* 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 [email protected] *Wavemaker Three-Sixty Health Launches New Fund* <http://www.socaltech.com/fullstory/0079754.html> Pasadena-based Wavemaker Three-Sixty Health, a healthcare innovation fund led by Jay Goss and Dr. John Nackel, says it has launched a new venture capital fund, Wavemaker Three-Sixty Health Fund II. Size of the new fund was not announced. According to Wavemaker 360, the fund focuses on healthcare start-ups seeking seed-stage investment, and importantly avoids biotech. (More... <http://www.socaltech.com/fullstory/0079754.html>) *The Collaborative Collects $7M For Plant-based Yogurt* <http://www.socaltech.com/fullstory/0079755.html> Los Angeles-based The Collaborative, a plant-based yogurt and dessert brand, said late Wednesday that it has raised $7M in a Series A investment, from PowerPlant Ventures. According to the company, it also has named Meiky Tollman as its new CEO. Tollman was most recently GM, COO, and EVP International for 15 years at Sabra Dipping Company. (More... <http://www.socaltech.com/fullstory/0079755.html>) *Casa Verde Leads $23M Series B For Greenbits* <http://www.socaltech.com/fullstory/0079756.html> Los Angeles-based venture investor Casa Verde Capital--the cannabis investment fund founded by Snoop Dogg--has co-led a $23M, Series B funding round for San Jose-based Greenbits, which develops software for managing cannabis businesses. According to Greenbits, its Series B funding was co-led by Tiger Global and Casa Verde, and also included DNS Capital, along with others. DNS Capital is the family office for Gigi Pritzker Pucker, Michael Pucker and their other immediate family. (More... <http://www.socaltech.com/fullstory/0079756.html>) *Stamps.com Waives Monthly Fee For Senior Citizens Due To Pandemic* <http://www.socaltech.com/fullstory/0079757.html> El Segundo-based Stamps.com, which allows people to print their own postage at home--but mostly focuses on businesses--says it is waiving its normal monthly fee for U.S. senior citizens, age 65 or over. The online postage service provider normally charges $17.99 a month to use its tools. According to Stamps.com, it hopes the waived fee will allow senior citizens to ship letters and packages without leaving their own homes. Stamps said its Stamps. (More... <http://www.socaltech.com/fullstory/0079757.html>) *Headspace Teams With Sesame Street On Mindfulness* <http://www.socaltech.com/fullstory/0079753.html> Santa Monica-based Headspace, which provides online mindfulness and meditation software, has teamed up with Sesame Street, to create a series of animated shorts designed to help children learn about mindfulness, and help manage their emotions. According to Sesame Street and Headspace, the new series, "Monster Meditations", six animated shorts will be released biweekly, and will begin today on YouTube and youTube Kids. (More... <http://www.socaltech.com/fullstory/0079753.html>) *ResMed Gets Ventilator Contract Worth $32M* <http://www.socaltech.com/fullstory/0079752.html> San Diego-based medical equipment manufacturer ResMed has received a contract with the U.S. Department of Health and Human Services (HHS), worth $31.98 million, to produce thousands of ventilators to meet possible needs across the United States as the COVID-19 pandemic continues. According to the U.S. HHS, Resmed's contract calls for 2,550 ventilators produced by July 13, with 400 by May 4 and 1,150 by June 1. (More... <http://www.socaltech.com/fullstory/0079752.html>) *Stubbs Alderton & Markiles Preccelerator <http://stubbsalderton.com/preccelerator/>* Accelerating Growth for Early Stage Innovation The Preccelerator® Program is a platform offered to select start-up companies out of the Santa Monica office of Stubbs Alderton & Markiles, LLP that provides interim office space, sophisticated legal services, mentorship and access to a strategic perks portfolio with the objective of helping you grow your idea from business concept to funded startup. The Preccelerator® Program provides these benefits to as many as 10 promising young startups in separate growth tracks. http://stubbsalderton.com/preccelerator/ *Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <https://www.bestronics.com>* 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 *From Idea to IPO - KPMG’s Emerging Growth Practice < [email protected]>* 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 [email protected]. *Resources For UK Companies and Investors Impacted By Coronavirus <https://www.businesssupport.gov.uk/coronavirus-business-support/>* 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) ------------------------------ *Recent Funding <#funding>* 4/16/20 Coconut Collaborative <http://www.socaltech.com/intelligence/?action=showdeal&id=99984> Los Angeles $7.00 M 4/16/20 Greenbits <http://www.socaltech.com/intelligence/?action=showdeal&id=99985> San Jose $23.00 M 4/14/20 Source Photonics <http://www.socaltech.com/intelligence/?action=showdeal&id=99983> West Hills $40.00 M 4/07/20 eResonate <http://www.socaltech.com/intelligence/?action=showdeal&id=99965> Playa Vista $1.00 M 4/02/20 SteadyMD, Inc. <http://www.socaltech.com/intelligence/?action=showdeal&id=99938> Westlake Village $6.00 M 3/31/20 AristaMD, Inc. <http://www.socaltech.com/intelligence/?action=showdeal&id=99937> La Jolla $18.00 M 3/20/20 Robin Games <http://www.socaltech.com/intelligence/?action=showdeal&id=99861> Venice $7.00 M 3/03/20 TaleSpin LLC <http://www.socaltech.com/intelligence/?action=showdeal&id=99860> Culver City $15.00 M 2/27/20 Dray Alliance <http://www.socaltech.com/intelligence/?action=showdeal&id=99854> Lakewood $10.20 M 2/26/20 Flock Freight <http://www.socaltech.com/intelligence/?action=showdeal&id=99853> Solana beach $50.00 M 2/21/20 Brace <http://www.socaltech.com/intelligence/?action=showdeal&id=99803> Santa Monica $10.00 M 2/20/20 Cloudbreak Health, LLC <http://www.socaltech.com/intelligence/?action=showdeal&id=99732> El Segundo $10.00 M 2/20/20 SmartBug Media <http://www.socaltech.com/intelligence/?action=showdeal&id=99733> Irvine $0.00 M 2/20/20 Liquid Death <http://www.socaltech.com/intelligence/?action=showdeal&id=99802> Santa Monica $9.00 M ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html ------------------------------ *Recent Job Postings * More jobs at http://www.socaltech.com/Jobs ------------------------------ ------------------------------ *Sponsored By * Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com). Business. Technology. Law. Vision. KPMG (http://home.kpmg/us/en/home/about/offices/los-angeles-1.html) Level up with KPMG Email [email protected] for more information about sponsoring this newsletter. ------------------------------ You are receiving this email because you subscribed to the socalTECH.com TechNews from our web site, or otherwise requested a subscription. If you do not want to receive this newsletter go to: http://listserv.socaltech.com/mailman/listinfo/socaltech or email us at [email protected] ------------------------------ Legal Notices ---- While SOCALTECH LLC has used its best efforts in collecting and preparing the information published herein, SOCALTECH LLC does not assume, and hereby disclaims, any liability for any loss or damage caused by errors or omissions, whether such errors or omissions resulted from negligence, accident or other causes. All contents Copyright (c) 2017 SOCALTECH LLC. 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