*socaltech.com <http://socaltech.com> TechNews - Thursday, December 10, 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 * - Nuvve Demonstrates Use of Buses For Electricity Storage <#0080699> - Petco Teams With DoorDash For Free Same Day Delivery <#0080697> - Recover Scores Funding For Cotton Recycling <#0080696> - Debt Logic Becomes Pay Ready <#0080698> - Alliance for SoCal Innovation, Verizon Media In Partnership <#0080695> - SpaceX Starship Explodes After Attempted Landing <#0080694> - Virgin Galactic Eyes Rocket Powered Flight On Friday <#0080693> - Aglet Picks Up $4.5M For Pokemon Go For Sneakers <#0080691> *Marketplace* - UK Government's Department for International Trade (DIT) <#ad756> - 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> - Stradling <#ad608> *Thursday, December 10, 2020* *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]. *Nuvve Demonstrates Use of Buses For Electricity Storage* <https://www.socaltech.com/fullstory/0080699.html> San Diego-based green technology developer Nuvve says that it has demonstrated the use of its technology in an installation in New York, where five school electric school buses have been used to provide power to Con Edison's grid. According to the company, the install of its chargers and platform connected the five, Lion Electric school buses to Con Edison's grid in White Plains, New York. (More... <https://www.socaltech.com/fullstory/0080699.html>) *Petco Teams With DoorDash For Free Same Day Delivery* <https://www.socaltech.com/fullstory/0080697.html> San Diego-based pet products retailer Petco has partnered with delivery provider DoorDash, to offer up same day delivery of its products, the company said today. Petco said the same day delivery will be offered through both its website and its app. Petco said the same day delivery service will be available nationwide, and there is no fee or membership required; delivery is free with any eligible purchase over $35.00. (More... <https://www.socaltech.com/fullstory/0080697.html>) *Recover Scores Funding For Cotton Recycling* <https://www.socaltech.com/fullstory/0080696.html> Recover, a company which is producing recycled cotton fiber and cotton fiber blends, says it has received new funding from Los Angeles-based STORY3 Capital. The amount of the funding was not announced. Recover says it develops sustainable recycled cotton, and will use the new funding to scale its operations. The company says it is recovering industrial and pre- and post-consumer cotton waste, and has a 70-year long history in the textile business as a family owned company. (More... <https://www.socaltech.com/fullstory/0080696.html>) *Debt Logic Becomes Pay Ready* <https://www.socaltech.com/fullstory/0080698.html> Huntington Beach-based *Debt Logic*, a developer of cloud-based software for property managers, says it has renamed itself *Pay Ready <http://www.payready.com>*. The company says its software is aimed at helping property managers manage collections, once a file is determined to be delinquent. The company is led by CEO and founder Lynn Musil. The company said it was founded to address "post-resident receivables".(More... <https://www.socaltech.com/fullstory/0080698.html>) *Alliance for SoCal Innovation, Verizon Media In Partnership* <https://www.socaltech.com/fullstory/0080695.html> The Alliance for SoCal Innovation, a nonprofit looking to help connect Southern California's innovation ecosystem, has partnered with Verizon Media to help launch microsites to connect the local technology community, and grow the ecosystem, Verizon said on Wednesday. (More... <https://www.socaltech.com/fullstory/0080695.html>) *SpaceX Starship Explodes After Attempted Landing* <https://www.socaltech.com/fullstory/0080694.html> Hawthorne, California-based rocket developer SpaceX conducted a high-altitude, suborbital flight of its Starship spacecraft on Wednesday, successfully launching the vehicle to high altitudes--but ending with a spectacular explosion of the Starship just as it reached the ground. ( More... <https://www.socaltech.com/fullstory/0080694.html>) *Virgin Galactic Eyes Rocket Powered Flight On Friday* <https://www.socaltech.com/fullstory/0080693.html> Virgin Galactic, the commercial space tourism venture backed by Sir Richard Branson, is hoping to launch a powered rocket flight as early as Friday, December 11th, as part of its efforts to begin providing its rides to space to the public. (More... <https://www.socaltech.com/fullstory/0080693.html>) *Aglet Picks Up $4.5M For Pokemon Go For Sneakers* <https://www.socaltech.com/fullstory/0080691.html> Los Angeles-based Aglet, which is developing a mobile game centered around "Sneakerhead" culture--the buying and trading of popular sneaker models--has raised $4.5M in a seed funding round. The funding was led by Sapphire Sports, and also included Lakestar Ventures, Forecast Ventures, as well as angels att Miesnieks (6D.ai, Niantic Labs), Nate Mitchell (co-founder Oculus, Mountaintop Studios) and Greg Castle (Anorak Ventures). (More... <https://www.socaltech.com/fullstory/0080691.html>) *UK Government's Department for International Trade (DIT) <https://www.events.great.gov.uk/ehome/200195057>* The UK is one of the world's fastest-growing tech hubs with more than 60,000 tech companies, 30 industry clusters, and over $14 billion in investment over the last five years. The UK Government's Department for International Trade (DIT) team provides local 1:1 support to companies expanding internationally, helping de-risk market entry with free support services. DIT can provide tailored set-up information, including market research, legal and accounting introductions, recruitment support, policy insight, and partnership-building opportunities. As the #1 destination in Europe for inward investment and tech talent, and home to more fast-growth companies than any other European country, the UK has a lot to offer to US companies. We work with all companies, from start-ups/scale-ups through to the Fortune 500. To find out more about "Why UK," and to work with DIT's LA team, contact us at: https://www.events.great.gov.uk/ehome/200195057 *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] *Stradling <http://www.sycr.com>* Stradling, Attorneys At Law ( href="http://www.sycr.com";>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. ------------------------------ *Recent Funding <#funding>* 12/03/20 Esports One <https://www.socaltech.com/intelligence/?action=showdeal&id=101261> Santa Monica $4.00 M 12/02/20 Flock Freight <https://www.socaltech.com/intelligence/?action=showdeal&id=101260> Solana beach $113.50 M 12/01/20 GoSecure <https://www.socaltech.com/intelligence/?action=showdeal&id=101251> La Jolla $35.00 M 11/24/20 Credit Key <https://www.socaltech.com/intelligence/?action=showdeal&id=101176> Los Angeles $33.85 M 11/23/20 Relativity <https://www.socaltech.com/intelligence/?action=showdeal&id=101175> Los Angeles $500.00 M 11/18/20 Everytable <https://www.socaltech.com/intelligence/?action=showdeal&id=101174> Los Angeles $16.00 M 11/17/20 Trust & Will <https://www.socaltech.com/intelligence/?action=showdeal&id=101173> San Diego $15.00 M 11/17/20 A-Frame <https://www.socaltech.com/intelligence/?action=showdeal&id=101151> Venice $2.00 M 11/13/20 Applied Data Finance, LLC <https://www.socaltech.com/intelligence/?action=showdeal&id=101150> San Diego $14.20 M 11/13/20 Shred <https://www.socaltech.com/intelligence/?action=showdeal&id=101149> Hollywood $4.00 M 11/10/20 Ambrx <https://www.socaltech.com/intelligence/?action=showdeal&id=101040> La Jolla $200.00 M 11/05/20 Protomer Technologies <https://www.socaltech.com/intelligence/?action=showdeal&id=101039> Pasadena $0.00 M 10/29/20 Slingshot Aerospace <https://www.socaltech.com/intelligence/?action=showdeal&id=101038> El Segundo $8.00 M 10/28/20 Scopely <https://www.socaltech.com/intelligence/?action=showdeal&id=101037> Culver City $340.00 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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