*socaltech.com <http://socaltech.com> TechNews - Tuesday, December 22, 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 * - Reflections on 2020: Kelly Perdew, Moonshots Capital <#0080737> - Neomorph Finds $109M <#0080738> - Bel Air Internet Acquired By Private Equity Investor <#0080739> - 8minute Solar Energy Ups Credit To $350M <#0080740> - Sensei Ag, Backed by Oracle's Ellison, Names Advisory Board <#0080742> - EDF Renewables North America In Power Deal In Texas <#0080741> *Marketplace* - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - UK Government's Department for International Trade (DIT) <#ad756> - Accelerating Growth For Early Stage Innovation. <#ad764> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> *Tuesday, December 22, 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]. *Reflections on 2020: Kelly Perdew, Moonshots Capital* <https://www.socaltech.com/fullstory/0080737.html> Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's high tech community. We'll be posting these throughout the next two weeks. Today, we have Kelly Perdew, Co-founder and General Partner of Moonshots Capital. You will be able to get to all of these posts on our 2020 reflections here. Are you a founder, CEO, or investor who would like to participate? Contact our editors for details. (More... <https://www.socaltech.com/fullstory/0080737.html>) *Neomorph Finds $109M* <https://www.socaltech.com/fullstory/0080738.html> San Diego-based Neomorph, a biotech startup focused on protein degradation, said today that it has raised $109M in a Series A funding. The funding came from Deerfield Management. The company said its targeted protein degradation technology is aimed at developing novel therapeutics across a broad range of disease areas, including oncology. The company's scientific founders are Phil Chamberlain, DPhil; Eric Fischer, PhD; Benjamin Ebert, MD, PhD; and Scott Armstrong, MD, PhD. (More... <https://www.socaltech.com/fullstory/0080738.html>) *Bel Air Internet Acquired By Private Equity Investor* <https://www.socaltech.com/fullstory/0080739.html> Los Angeles-based Bel Air Internet, an Internet Services Provider (ISP) which serves over 800 buildings with multi-family and commercial services in Los Angeles, has been acquired by Boston-based private equity investor M/C Partners. Financial terms of the acquisition were not announced. According to M/C Partners, Bel Air Internet will be combined with two other ISPs, AerioConnect and Metro Fiber. (More... <https://www.socaltech.com/fullstory/0080739.html>) *8minute Solar Energy Ups Credit To $350M* <https://www.socaltech.com/fullstory/0080740.html> Los Angeles-based solar power project developer 8minute Solar Energy said today that it has upsized a letter of credit it received, upping the originally $225M letter of credit and revolving credit facility to $350M. The company said the additional $125M in the facility comes from includes new lenders Deutsche Bank, Landesbank Hessen-Thuringen (Helaba), and Norddeutsche Landesbank (NORD/LB). (More... <https://www.socaltech.com/fullstory/0080740.html>) *Sensei Ag, Backed by Oracle's Ellison, Names Advisory Board* <https://www.socaltech.com/fullstory/0080742.html> Santa Monica-based Sensei Ag, the Larry Ellison-backed startup focused on food supply and agricultural technology, has named a new advisory board. The startup said its Advisory Board now includes Amy Povich Agus, Dr. Leslie H. Fuchigami and Dr. Mary K. Wagner, who it says are executives in the agricultural, food, consumer, and scientific industries. (More... <https://www.socaltech.com/fullstory/0080742.html>) *EDF Renewables North America In Power Deal In Texas* <https://www.socaltech.com/fullstory/0080741.html> San Diego-based clean energy developer EDF Renewables North America said on Monday that it has signed a power purchase agreement (PPA) for part of a new solar energy project in Texas. The company said that it has signed a 55 megawatt PPA with BASF for the new project, which is located in Wharton County, Texas. EDF Renewables said its new Space City Solar project is expected to start construction in summer of 2021, and will have a capacity of up to 345 MW. (More... <https://www.socaltech.com/fullstory/0080741.html> ) *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 *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 *Accelerating Growth For Early Stage Innovation. <http://www.preccelerator.com>* 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 *Pixelgate.net - Internet Access, Web Hosting, Network Services <http://www.pixelgate.net>* We put the "Service" back into Internet Service Provider. http://www.pixelgate.net ------------------------------ *Recent Funding <#funding>* 12/15/20 Eta Compute <https://www.socaltech.com/intelligence/?action=showdeal&id=101339> Thousand Oaks $12.50 M 12/15/20 Cosemi <https://www.socaltech.com/intelligence/?action=showdeal&id=101340> Irvine $8.00 M 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 ------------------------------ *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. All rights reserved. socalTECH.com - Dedicated to High Tech in Southern California http://www.socaltech.com/ SOCALTECH LLC 4607 Lakeview Canyon Road, Suite 290, Westlake Village, CA 91361
_______________________________________________ Socaltech mailing list [email protected] http://listserv.socaltech.com/mailman/listinfo/socaltech
