*socaltech.com <http://socaltech.com> TechNews - Friday, January 8, 2021* 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 * - Belkin's Chet Pipkin Shifts To Board <#0080777> - Monoprice Debuts New 3D Printer <#0080778> - Airgain Buys Nimblelink <#0080781> - Deluxe Buys Sundog Media Toolkit <#0080779> - Blacksmith Medicines Gets Seed Funding <#0080780> - Umbra Lab Finds $32.37M <#0080776> - Ultrahuman Launches Meditation, Workout, Sleep App, With $8M Funding <#0080772> *Marketplace* - UK Government's Department for International Trade (DIT) <#ad756> - Stradling <#ad608> - Become a Socaltech Supporter! <#ad724> - Pacific Western Bank, Venture Banking Group <#ad749> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> *Friday, January 8, 2021* *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 *Belkin's Chet Pipkin Shifts To Board* <https://www.socaltech.com/fullstory/0080777.html> Los Angeles-based consumer electronics giant Belkin announced on Thursday that founder and CEO Chet Pipkin is shifting his attention to the board, taking on the role of Executive Chairman. As a part of the move, the company has appointed Steve Malony, the company's former SVP and General Manager, to the CEO position. Pipkin has been CEO of Belkin for thirty seven years. Malony has been at Belkin for fifteen years. (More... <https://www.socaltech.com/fullstory/0080777.html>) *Monoprice Debuts New 3D Printer* <https://www.socaltech.com/fullstory/0080778.html> Brea-based consumer electronics product company Monoprice--known for its low price but higher quality, generic products--says it has debuted a new, 3D printer, aimed at hobbyists, makers, podcasters, and others. The company said its new desktop Delta Mini V2 3D Printer will cost $199.99. (More... <https://www.socaltech.com/fullstory/0080778.html>) *Airgain Buys Nimblelink* <https://www.socaltech.com/fullstory/0080781.html> San Diego-based antenna technology provider Airgain said Thursday that it has acquired NimbleLink, a provider of cellular industrial Internet-of-Things (IoT) products and services. Airgain said it acquired all of the outstanding stock of NimbleLink for $15M in cash, subject to adjustments, with $8M in cash earnout based on revenue targets. Airgain financed the deal from its existing cash. NimbleLink was headquartered in Plymouth, MN, and founded in 2013. (More... <https://www.socaltech.com/fullstory/0080781.html>) *Deluxe Buys Sundog Media Toolkit* <https://www.socaltech.com/fullstory/0080779.html> Los Angeles-based Deluxe, which provides digital services to the motion picture, television, and digital media industry, said yesterday that it has acquired Sundog Media Toolkit, Ltd., a UK-based provider of a cloud platform for the industry. Financial details of the buy were not announced. UK-based Sundog offers up an automated, cloud-based platform that creates specialized multi format, multi-language files for theatrical distribution and streaming platforms, and was founded in 2013. (More... <https://www.socaltech.com/fullstory/0080779.html>) *Blacksmith Medicines Gets Seed Funding* <https://www.socaltech.com/fullstory/0080780.html> San Diego-based Blacksmith Medicines, a new biotechnology company focused on creating medicines for immuno-oncology and inflammatory diseases by targeting human metalloenzymes, has raised a round of seed funding, and announced a research deal with Lilly. Financial details of that seed funding were not announced. The company--a spin-out of Forge Therapeutics--said the deal with Lilly potentially is worth up to $300M. The new funding comes on top of existing investments in Blacksmith by Evotec A. (More... <https://www.socaltech.com/fullstory/0080780.html>) *Umbra Lab Finds $32.37M* <https://www.socaltech.com/fullstory/0080776.html> Santa Barbara-based Umbra Lab, which is developing synthetic aperture radar (SAR) microsatellites, has raised $32.38M in funding, according to a regulatory filing by the company. Details on the funding have not yet been announced by the company. The company's founders include David Langan and Gabe Dominocielo. (More... <https://www.socaltech.com/fullstory/0080776.html>) *Ultrahuman Launches Meditation, Workout, Sleep App, With $8M Funding* <https://www.socaltech.com/fullstory/0080772.html> Los Angeles-based Ultrahuman, a startup developing an app focused on meditation, workouts, and sleep, said Wednesday that it has launched its first product, backed by $8M in funding. The company says the $8M, Series A funding round came from Nexus and Blume. (More... <https://www.socaltech.com/fullstory/0080772.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 *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. *Become a Socaltech Supporter!* Interested in letting Southern California's high tech community know you are here for them? Want to reach Southern California's movers and shakers? Become a SPONSOR or SOCALTECH SUPPORTER! Our sponsors and supporters are featured on our website, and online service provider directory, as well as in our newsletter multiple times per week. It's a great way to both get the word out about your services, as well as support our news coverage of local companies across the tech industry! Contact [email protected] for details. *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] *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 *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 ------------------------------ *Recent Funding <#funding>* 1/05/21 HG Insights <https://www.socaltech.com/intelligence/?action=showdeal&id=101349> Santa Barbara $0.00 M 12/15/20 Cosemi <https://www.socaltech.com/intelligence/?action=showdeal&id=101340> Irvine $8.00 M 12/15/20 Eta Compute <https://www.socaltech.com/intelligence/?action=showdeal&id=101339> Thousand Oaks $12.50 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 ------------------------------ *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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