*socaltech.com <http://socaltech.com> TechNews - Tuesday, April 28, 2020* Edited by Benjamin F. Kuo ISSN: 1524-6736 http://www.socaltech.com/News <https://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 * - Radicle Growth, Syngenta Dangle $1.25M In Investments To Startups <#0079797> - Embodied Rolls Out Companion Robot, Moxie <#0079794> - Denovo Biopharma Acquires Tocagen's Replicating Gene Therapy Platform <#0079793> - HyperX Links With Music's HIT COMMAND <#0079796> - Medata Launches New Medical Pricing Tool <#0079795> - Evofem Biosciences Gains $25M In Convertible Note <#0079792> *Marketplace* - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Facilitated Off-Site Planning for Growth Companies and Venture Firms <#ad753> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pacific Western Bank, Venture Banking Group <#ad749> *Tuesday, April 28, 2020* *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) *Radicle Growth, Syngenta Dangle $1.25M In Investments To Startups* <https://www.socaltech.com/fullstory/0079797.html> San Diego-based Radicle Growth, a venture acceleration fund focused on agtech and food startups, and seed giant Syngenta announced this morning that they have launched a new effort to invest $1.25M in startups. According to the two, they will work together to identify two companies with "novel solutions to support the future of protein", where it will invest $1.25M between the two companies. (More... <https://www.socaltech.com/fullstory/0079797.html>) *Embodied Rolls Out Companion Robot, Moxie* <https://www.socaltech.com/fullstory/0079794.html> Pasadena-based robotics developer Embodied, led by Paolo Pirjanian, the former CTO of iRobot, said this morning that it has launched Moxie, the company's first product. The company said Moxie is an "animate companion" aimed at helping to promote social, emotional, and cognitive learning for children. (More... <https://www.socaltech.com/fullstory/0079794.html>) *Denovo Biopharma Acquires Tocagen's Replicating Gene Therapy Platform* <https://www.socaltech.com/fullstory/0079793.html> San Diego-based Denovo Biopharma said this morning that it has acquired the entire replicating gene therapy platform from Tocagen. Financial details of the acquisition were not announced. (More... <https://www.socaltech.com/fullstory/0079793.html>) *HyperX Links With Music's HIT COMMAND* <https://www.socaltech.com/fullstory/0079796.html> Fountain Valley-based gaming products brand HyperX says it is in a collaboration with HIT COMMAND, a subsidiary of Red Light Management, to bring music and entertainment celebrities from HIT COMMAND to the world of gaming and esports. According to the two companies, they are "creating a new experience that merges entertainment and gaming." The two said that HyperX will become the "Preferred Peripherals Partner" for several live and online events in development between the two companies. (More... <https://www.socaltech.com/fullstory/0079796.html>) *Medata Launches New Medical Pricing Tool* <https://www.socaltech.com/fullstory/0079795.html> Irvine-based Medata, which develops bill review software for group health, workers' compensation and auto liability companies, says it has rolled out a new tool for medical services pricing called Lookup. The company said the new service--which starts at $25 for individual users--is aimed at smaller insurance carriers, Medicare Set-Aside companies, life care planners, law offices, nurse case managers, hospitals and doctors' offices. (More... <https://www.socaltech.com/fullstory/0079795.html>) *Evofem Biosciences Gains $25M In Convertible Note* <https://www.socaltech.com/fullstory/0079792.html> San Diego-based biopharmaceuticals developer Evofem Biosciences, a publicly held developer of biopharmaceuticals aimed at contraception, says it has received $25M in a convertible note financing. The company says it has received $15M of that amount, with remaining $10M to be funded at its investor's discretion. Source of the funding was not announced. The company said the funding will go towards its efforts to commercialize Phexxi, a hormone-free, contraceptive gel candidate. (More... <https://www.socaltech.com/fullstory/0079792.html>) *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]. *Facilitated Off-Site Planning for Growth Companies and Venture Firms <http://www.collective-genius.com>* Peak is a facilitated team off-site that empowers growth companies and venture firms to build a Three Year Vision, One Year Plan, and Quarterly OKRs. With the vision and plan set, we provide additional tools to keep the team aligned, accountable and on track. Peak is a collection of best practices Jeff Martin founder of Collective Genius has derived from twenty plus years of experience in founding and operating technology growth companies and venture firms. We are partnered with local and national venture firms and provide portfolio partner discounts. Schedule a Pre-Camp Meeting to Learn More: [email protected] Collective Genius - Off-Site Planning and Recruiting for Growth Companies and Venture Firms - collective-genius.com *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 *IP Protection for Technology and Business - SoCal IP Law Group LLP <http://www.socalip.com>* Patents. Trademarks. Copyrights. Trade Secrets. IP Filings. IP Strategy. IP Litigation. IP Transactions. US and Worldwide. Offices in Westlake Village and Santa Barbara. [email protected] www.socalip.com *Pacific Western Bank, Venture Banking Group <http://www.pacwest.com/lending-solutions/venture-lending>* 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 [email protected] ------------------------------ *Recent Funding <#funding>* 4/20/20 Faze Clan <https://www.socaltech.com/intelligence/?action=showdeal&id=100003> Los Angeles $40.00 M 4/17/20 Movandi Corp <https://www.socaltech.com/intelligence/?action=showdeal&id=100002> Irvine $27.00 M 4/16/20 Coconut Collaborative <https://www.socaltech.com/intelligence/?action=showdeal&id=99984> Los Angeles $7.00 M 4/16/20 Greenbits <https://www.socaltech.com/intelligence/?action=showdeal&id=99985> San Jose $23.00 M 4/14/20 Source Photonics <https://www.socaltech.com/intelligence/?action=showdeal&id=99983> West Hills $40.00 M 4/07/20 eResonate <https://www.socaltech.com/intelligence/?action=showdeal&id=99965> Playa Vista $1.00 M 4/02/20 SteadyMD, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=99938> Westlake Village $6.00 M 3/31/20 AristaMD, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=99937> La Jolla $18.00 M 3/20/20 Robin Games <https://www.socaltech.com/intelligence/?action=showdeal&id=99861> Venice $7.00 M 3/03/20 TaleSpin LLC <https://www.socaltech.com/intelligence/?action=showdeal&id=99860> Culver City $15.00 M 2/27/20 Dray Alliance <https://www.socaltech.com/intelligence/?action=showdeal&id=99854> Lakewood $10.20 M 2/26/20 Flock Freight <https://www.socaltech.com/intelligence/?action=showdeal&id=99853> Solana beach $50.00 M 2/21/20 Brace <https://www.socaltech.com/intelligence/?action=showdeal&id=99803> Santa Monica $10.00 M 2/20/20 Cloudbreak Health, LLC <https://www.socaltech.com/intelligence/?action=showdeal&id=99732> El Segundo $10.00 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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