*socaltech.com <http://socaltech.com> TechNews - Tuesday, February 9, 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 * - C-Zero Scores $11.5M For Decarbonization Technology <#0080903> - TikTok, Universal Music Group Expand Alliance <#0080902> - Nanome Picks Up $3M <#0080904> - MeridianLink Eyes IPO, Says Report <#0080905> - Jurny Reports Record Growth, Despite Pandemic <#0080901> - Elon Musk's $100M Carbon Removal Prize Launched On XPRIZE <#0080900> - Fifth Wall Raises $300M In SPAC IPO <#0080899> *Marketplace* - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pacific Western Bank, Venture Banking Group <#ad749> - Become a Socaltech Supporter! <#ad724> - Stradling <#ad608> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> *Tuesday, February 9, 2021* *Sponsor Message: Stubbs Alderton & Markiles Adds IP Attorney Adrian Cyhan <https://stubbsalderton.com/sam-adds-adrian-cyhan-to-ip-and-technology-transactions-practice/>* Stubbs Alderton & Markiles, LLP, Southern California’s leading business law firm, has announced that nationally recognized intellectual property attorney Adrian Cyhan has joined the firm as a partner in its Intellectual Property & Technology Transactions practice. Adrian is a registered patent attorney whose practice is focused on identifying, protecting and leveraging intellectual property assets and providing related counsel and advice. His practice also involves managing intellectual property portfolios and handling intellectual property-related transactions such as joint ventures, acquisitions, and divestitures. In addition, Mr. Cyhan has extensive experience in trademark filing and prosecution and related counseling. He has negotiated hundreds of transactions and prosecuted patents for technologies such as wireless communications, software, clean technology and vehicles, social media, mechanical, electrical, and medical device technologies. Read more about Adryan Cyhan's appointment here: https://stubbsalderton.com/sam-adds-adrian-cyhan-to-ip-and-technology-transactions-practice/ *C-Zero Scores $11.5M For Decarbonization Technology* <https://www.socaltech.com/fullstory/0080903.html> Santa Barbara-based C-Zero, a startup developing natural gas decarbonization technology--based on research out of UCSB--has raised $11.5M in a Series A funding, the company said this morning. According to the company, the Series A funding was co-led by Breakthrough Energy Ventures and Eni Next, and also included Mitsubishi Heavy Industries (MHI) and AP Ventures. The company said the funding will go towards accelerating its first commercial-scale deployment of its technology. (More... <https://www.socaltech.com/fullstory/0080903.html>) *TikTok, Universal Music Group Expand Alliance* <https://www.socaltech.com/fullstory/0080902.html> TikTok and Universal Music Group said on Monday that the two are in an "expanded global alliance", which allows TikTok users to continue to use tracks from Universal Music Group artists on their social media creations. The announcement comes as Universal Music Group pulled its artists from TikTok's rival social media service Triller. (More... <https://www.socaltech.com/fullstory/0080902.html>) *Nanome Picks Up $3M* <https://www.socaltech.com/fullstory/0080904.html> San Diego-based virtual reality startup Nanome, which is developing technology to help researchers explore the interaction of molecules and molecular compounds using VR, has raised $3M in a funding round, the company disclosed today. The company said the funding was led by Bullpen Capital, as well as Formic Ventures, the venture capital investment firm of Oculus co-founder Michael Antonov. (More... <https://www.socaltech.com/fullstory/0080904.html>) *MeridianLink Eyes IPO, Says Report* <https://www.socaltech.com/fullstory/0080905.html> Costa Mesa-based MeridianLink, a developer of loan origination, digital lending, and digital banking software, is in the midst of an IPO effort, according to a report. The report, from Reuters, said that MeridianLink is looking to go public via a SPAC, rather than a traditional IPO filing. The company has reportedly hired investment bankers for the deal; those bankers have not been announced or disclosed. The company is owned by private equity investor Thoma Bravo. (More... <https://www.socaltech.com/fullstory/0080905.html>) *Jurny Reports Record Growth, Despite Pandemic* <https://www.socaltech.com/fullstory/0080901.html> Los Angeles-based hospitality technology startup Jurny--which is backed by Okapi Venture Capital and Mucker Capital--says it has seen record growth, despite the pandemic and the way it has impacted the hospitality industry. According to the startup, it saw 400% year-over-year growth in 2020, spurred by interest in its contactless check-in and entry technology. Jurny connects consumers with high-end branded suites and apartments owned by independent property and hotel owners for short-term stays. (More... <https://www.socaltech.com/fullstory/0080901.html>) *Elon Musk's $100M Carbon Removal Prize Launched On XPRIZE* <https://www.socaltech.com/fullstory/0080900.html> A competition to come up with a way to rapidly remove excess carbon dioxide from the Earth's atmosphere--with a prize of $100M--has just gone live with the XPRIZE Foundation. The $100M Gigaton Scale Carbon Removal Prize just went live on the XPRIZE site, the largest incentive prize ever offered in history for a competition. (More... <https://www.socaltech.com/fullstory/0080900.html>) *Fifth Wall Raises $300M In SPAC IPO* <https://www.socaltech.com/fullstory/0080899.html> Los Angeles-based property technology investor Fifth Wall has raised $300M in a Special Purpose Acquisition Company (SPAC) last week, Fifth Wall Acquisition I. Fifth Wall's SPAC offering was run by Goldman Sachs & Co and Deutsche Bank Securities. Fifth Wall Acquisition I said it had not yet selected any business combination target for the SPAC. The SPAC is Fifth Wall's first; the firm has been a very active investor in the region in technology companies. (More... <https://www.socaltech.com/fullstory/0080899.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 *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] *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. *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>* 2/03/21 LeaseLock <https://www.socaltech.com/intelligence/?action=showdeal&id=101670> Marina Del Rey $52.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html February 9, Los Angeles -- *An Entrepreneur's Guide to IP* An Entrepreneur's Guide to IP. w/ Kevin DeBre and Heather Antoine of Stubbs, Alderton & Markiles, LLP. An overview of copyrights, patents, trademarks and trade secrets, as well as some of the important strategic business topics related to IP. Kevin DeBré, Chair of the Intellectual Property and Technology Transactions practice and Heather Antoine, Chair of the Trademark and Brand Protection practice at Stubbs Alderton & Markiles will give an interactive overview of copyrights, patents, trademarks and trade secrets. In addition, other important key topics will include: What should an entrepreneur consider when choosing a name for their venture? What are Terms of Service and Privacy Policies and why are they important? How should an entrepreneur respond when a potential investor asks if they have any intellectual property? Do you need a lawyer to obtain a trademark or file a patent application? Should you try to patent your idea? Are NDAs (nondisclosure agreements) necessary and what if somebody refuses to sign one? What are some key takeaways about IP entrepreneurs should keep in mind. See http://www.socaltech.com/calendar/eventid/26706 ------------------------------ *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. 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