*socaltech.com <http://socaltech.com> TechNews - Monday, January 25, 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 * - Perch Gets Funding From Citi Impact Fund <#0080831> - Yardi Expands Electronic Health Records To Vaccine Administration <#0080832> - GigCapital2 Raises $285M As Part Of Cloudbreak Health Merger <#0080833> - SpaceX Launches Satellite Ridesharing Mission <#0080834> - Leonardo247 Offers Up Free COVID-19 Vaccination Tracker <#0080835> - EVgo Goes Public Via SPAC <#0080827> *Marketplace* - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Accelerating Growth For Early Stage Innovation. <#ad764> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pacific Western Bank, Venture Banking Group <#ad749> *Monday, January 25, 2021* *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 *Perch Gets Funding From Citi Impact Fund* <https://www.socaltech.com/fullstory/0080831.html> Los Angeles-based Perch, a startup which operates a service that lets users build their credit by paying for Netflix, Spotify, Hulu, and other services on credit, has scored an investment from financial giant Citi, via Citi's new Citi Impact Fund. Size of the investment was not announced. Citi announced the investment this morning. Citi also announced funding in six other companies, including Clerkie, KETOS, MedHaul, Shift, Superpedestrian, and Vyv. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showco&id=62936>)( More... <https://www.socaltech.com/fullstory/0080831.html>) *Yardi Expands Electronic Health Records To Vaccine Administration* <https://www.socaltech.com/fullstory/0080832.html> Santa Barbara-based software developer Yardi, which develops a range of software for property management--including software for managing senior living communities--says it has expanded its electronic health records system to help manage vaccine administration. (More... <https://www.socaltech.com/fullstory/0080832.html>) *GigCapital2 Raises $285M As Part Of Cloudbreak Health Merger* <https://www.socaltech.com/fullstory/0080833.html> GigCapital2, the Special Purpose Acquisition Company (SPAC) which is merging with Los Angeles-based Cloudbreak Health, said it has raised $285M in capital, which is part of its business combination with UpHealth Holdings and Cloudbreak Health. According to the company, the funding will go to support the combined company's growth as a public company. GigCapital2 did not say where the funding came from, but said the capital raise included 3,000,000 shares of GigCapital2 common stock at $10. (More... <https://www.socaltech.com/fullstory/0080833.html>) *SpaceX Launches Satellite Ridesharing Mission* <https://www.socaltech.com/fullstory/0080834.html> Hawthorne, California-based SpaceX successfully launched its first, dedicated satellite ridesharing mission into space on Sunday, launching 133 commercial and government spacecraft--plus 10 Starlink satellites--into space in one fell swoop. SpaceX's Transporter-1 mission used a Falcon 9 rocket, and launched into space at 10:00 a.m. EST from Space Launch Complex 40 (SLC-40) at Cape Canaveral. (More... <https://www.socaltech.com/fullstory/0080834.html>) *Leonardo247 Offers Up Free COVID-19 Vaccination Tracker* <https://www.socaltech.com/fullstory/0080835.html> Los Angeles-based Leonardo247, a developer of software used for remote monitoring of onsite, multifamily operations, says it has rolled out a new, vaccination tracking platform for COVID-19 vaccination distribution and reporting. The company said the software--which is free--is available for no charge to both its commercial real estate building clients, as well as any other regional or national organizations seeking a more efficient way to coordinate, centralize and log vaccinations. (More... <https://www.socaltech.com/fullstory/0080835.html>) *EVgo Goes Public Via SPAC* <https://www.socaltech.com/fullstory/0080827.html> Los Angeles-based electric vehicle charging network operator EVgo said early on Friday morning that it will be going public, via an acquisition by a special-purpose acquisition company (SPAC). According to EVgo, it has entered into a definitive business combination agreement with Climate Change Crisis Real Impact I Acquisition Corporation, with the combined entity expected to trade under the new ticker symbol EVGO. (More... <https://www.socaltech.com/fullstory/0080827.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]. *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 *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] ------------------------------ *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 12/22/20 Perch <https://www.socaltech.com/intelligence/?action=showdeal&id=101427> Los Angeles $2.50 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 ------------------------------ *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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