*socaltech.com <http://socaltech.com> TechNews - Thursday, January 21, 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 * - Decipher Biosciences Files For $100M IPO <#0080822> - Plexium Finds $35M More For Biotech Efforts <#0080821> - Cloudbreak Health Partners with Extended Care <#0080824> - OncoSec Medical Raises $42M In Public Offering <#0080823> - Semtech Gets LoRaWAN Win In Australia <#0080825> - Happy Returns Partners With Port Logistics Group <#0080819> *Marketplace* - UK Government's Department for International Trade (DIT) <#ad756> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - Stradling <#ad608> - Accelerating Growth For Early Stage Innovation. <#ad764> *Thursday, January 21, 2021* *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. *Decipher Biosciences Files For $100M IPO* <https://www.socaltech.com/fullstory/0080822.html> San Diego-based Decipher Biosciences, a provider of genomic testing for urological cancer, has filed for an IPO, saying it is looking to raise up to $100M in an offering on the Nasdaq Global Market. The IPO is being underwritten by Evercore ISI, Wells Fargo Securities, Canaccord Genuity, and BTIG. The company has received funing from Yonghua International, CRG Partners, Tekla Capital, and UnitedHealth Group. The company has applied to list as DECI on the Nasdaq Global Market. (More... <https://www.socaltech.com/fullstory/0080822.html>) *Plexium Finds $35M More For Biotech Efforts* <https://www.socaltech.com/fullstory/0080821.html> San Diego-based Plexium, a biotech startup focused on discovering and developing protein degrading therapeutics directed towards historically challenging drug targets, announced this morning that it has raised $35M in a financing round. The funding is an extension of the company's October 2019 Series A round. The funding was led by Lux Capital and Pivotal BioVentures, and also The Column Group, DCVC Bio and other curren tinvestors. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showdeal&id=101426> )(More... <https://www.socaltech.com/fullstory/0080821.html>) *Cloudbreak Health Partners with Extended Care* <https://www.socaltech.com/fullstory/0080824.html> Los Angeles-based Cloudbreak Health, a provider of telehealth and video remote interpretation for the healthcare market, said Wednesday that it has partnered with Extended Care LLC, a healthcare technology software provider. According to the two companies, they will integrate Martti, Cloudbreak's video remote interpretation (VRI) service, and the ExtendedCare Telehealth virtual care platform. Financial details of the partnership were not announced. (More... <https://www.socaltech.com/fullstory/0080824.html>) *OncoSec Medical Raises $42M In Public Offering* <https://www.socaltech.com/fullstory/0080823.html> San Diego- and New Jersey-based OncoSec Medical, a publicly traded biotechnology company focused on treatment of cancer, said today that it is raising $42.0M in a public offering of its common stock. The company said it is offering of 7,711,284 shares of its common stock at a price of $5.45, with an expected close on January 25th. (More... <https://www.socaltech.com/fullstory/0080823.html>) *Semtech Gets LoRaWAN Win In Australia* <https://www.socaltech.com/fullstory/0080825.html> Camarillo-based semiconductor developer Semtech announced another win for its LoRaWAN low power networking technology, this time in Australia, saying that Meshed Pty Ltd (Meshed IoT Integrators), an Australian provider of Internet of Things (IoT) solutions for smart cities, environment, water, energy, agriculture, and asset management, has adopted its technology for monitoring city public health. (More... <https://www.socaltech.com/fullstory/0080825.html>) *Happy Returns Partners With Port Logistics Group* <https://www.socaltech.com/fullstory/0080819.html> Santa Monica-based Happy Returns, a startup which helps e-commerce companies manage their returns process, has partnered with omnichannel logistics services company Port Logistics Group, the two announced this morning. The two said that Happy Returns has become part of Port Logistics Group's Whiplash partner integration network. (More... <https://www.socaltech.com/fullstory/0080819.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 *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. *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 ------------------------------ *Recent Funding <#funding>* 1/21/21 Plexium <https://www.socaltech.com/intelligence/?action=showdeal&id=101426> San Diego $35.00 M 1/12/21 Genalyte <https://www.socaltech.com/intelligence/?action=showdeal&id=101379> San Diego $50.00 M 1/12/21 Vesica <https://www.socaltech.com/intelligence/?action=showdeal&id=101380> Los Angeles $2.10 M 1/05/21 HG Insights <https://www.socaltech.com/intelligence/?action=showdeal&id=101349> Santa Barbara $0.00 M 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 ------------------------------ *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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