*socaltech.com <http://socaltech.com> TechNews - Wednesday, January 13, 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 * - CookUnity Picks Up $15.5M, Eyes Los Angeles <#0080795> - Virginia Company Expands Data Center In Los Angeles <#0080796> - Everytable, National Health Foundation Feeding Homeless <#0080797> - will.i.am, Zynga Partners On $5M Fund For STEAM Education <#0080798> - Cardea Bio Takes In $6.5M More In Series A <#0080794> - Champions Round Finds $1M <#0080793> - Vesica Snags $2.1M Seed Funding For Trading Tools <#0080790> *Marketplace* - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - Pacific Western Bank, Venture Banking Group <#ad749> - Become a Socaltech Supporter! <#ad724> - Stradling <#ad608> *Wednesday, January 13, 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 *CookUnity Picks Up $15.5M, Eyes Los Angeles* <https://www.socaltech.com/fullstory/0080795.html> CookUnity, a startup which connects up and coming chefs with consumers with fully cooked and prepared meals delivered via weekly subscription, says it is opening up a new kitchen in Los Angeles, after raising $15.5M in a Series A funding round. The startup--based in New York--said the funding will allow it to open up two new kitchens, including the ones in Los Angeles, and one in Texas. The funding was led by Fuel Venture Capital, and also included IDC Ventures and other existing investors. (More... <https://www.socaltech.com/fullstory/0080795.html>) *Virginia Company Expands Data Center In Los Angeles* <https://www.socaltech.com/fullstory/0080796.html> INAP, a data center and hybrid computing provider based in Reston, Virginia, says it is expanding its data center in Los Angeles, due to supply constraints in the Los Angeles market. The company said it recently completed 12,000 square feet and 2.5 MW transformer to its data center in Redondo Beach, along Redondo Beach Ave., and is now upgrading the data center's total power capacity to 3.2 MW. (More... <https://www.socaltech.com/fullstory/0080796.html>) *Everytable, National Health Foundation Feeding Homeless* <https://www.socaltech.com/fullstory/0080797.html> Los Angeles-based meal subscription company Evertable and the National Health Foundation, a nonprofit which operates recuperative health care centers for the homeless population, says they are working together to provide healthy meals to those experiencing homelessness. According to the two, the National health Foundation (NHF) signed a contract to bring Everytable's food to its guests experiencing homeless, at the National Health Foudnation's Pico-Union and Mid-City Recuperative Care sites. ( More... <https://www.socaltech.com/fullstory/0080797.html>) *will.i.am, Zynga Partners On $5M Fund For STEAM Education* <https://www.socaltech.com/fullstory/0080798.html> Los Angeles-based musician will.i.am, of the Black Eyed Peas, has partnered with mobile gaming developer ,a href="http://www.zynga.com";>Zynga on a new, $5 million effort to fund STEAM education for students. (More... <https://www.socaltech.com/fullstory/0080798.html>) *Cardea Bio Takes In $6.5M More In Series A* <https://www.socaltech.com/fullstory/0080794.html> San Diego-based Cardea Bio, a startup that is developing molecular biology equipment which uses semiconductors to analyze samples, said on Tuesday that it has raised $6.5M more in its Series A funding. The company said the new funding was led by 3E Bioventures Capital, and also included existing investors. The company has now raised $20M in its Series A. According to the company, it will use the funding to further develop its platform, to expand mass manufacturing, and grow its partnerships. (More... <https://www.socaltech.com/fullstory/0080794.html>) *Champions Round Finds $1M* <https://www.socaltech.com/fullstory/0080793.html> Los Angeles-based Champions Round, a startup which operates a fantasy sports site, recently disclosed that it has raised $1M in a seed funding round. The funding was led by Quest Venture Partners, and had been announced during the holidays. The startup is led by Co-Founder and CEO Carter Russ. The company's fantasy sports app is centered around specific sports events, like playoffs or the NFL draft. The company's app runs both on iOS and Android. (More... <https://www.socaltech.com/fullstory/0080793.html>) *Vesica Snags $2.1M Seed Funding For Trading Tools* <https://www.socaltech.com/fullstory/0080790.html> Los Angeles-based fintech startup Vesica Technologies, a developer of a product which provides information on financial markets, including daily market movements, volatility, and major trades, has raised $2.1M in a seed funding. The funding came from Mercury Digital Assets and Miami International Holdings, Inc. (MIH), the parent holding company of the MIAX Exchange Group. Vesica's founder and CEO is Saad Hussain. The company targets financial traders with its software. (More... <https://www.socaltech.com/fullstory/0080790.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]. *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 *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] *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. *Stradling <http://www.sycr.com>* Stradling, Attorneys At Law ( href="http://www.sycr.com";>http://www.sycr.com ) For more than 40 years top companies and municipalities have counted on Stradling to have the right team and skills to meet their toughest challenges 24/7, 365 days a year. ------------------------------ *Recent Funding <#funding>* 1/12/21 Vesica <https://www.socaltech.com/intelligence/?action=showdeal&id=101380> Los Angeles $2.10 M 1/12/21 Genalyte <https://www.socaltech.com/intelligence/?action=showdeal&id=101379> San Diego $50.00 M 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 ------------------------------ *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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