*socaltech.com <http://socaltech.com> TechNews - Thursday, February 18, 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 * - talkshoplive Takes $3M For Shopping App <#0080941> - ABL Space Systems Sets Demo Flight For Q2 2021 <#0080940> - Pitaya Entertainment Aims At Latino Podcasting Market <#0080939> - Ensysce Biosciences Sets CFO <#0080942> - Westlake Village BioPartners Taps Former SVB Leerink Exec As COO <#0080938> - SpaceX Lands $850M, Now Worth $74 Billion <#0080937> - Micronoma Snags $3.5M In Convertible Note For Cancer Detection <#0080936> *Marketplace* - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - 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> - Become a Socaltech Supporter! <#ad724> *Thursday, February 18, 2021* *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]. *talkshoplive Takes $3M For Shopping App* <https://www.socaltech.com/fullstory/0080941.html> Los Angeles-based talkshoplive, a startup which operates a livestreaming shopping network and app, has raised $3M in a seed funding round. According to the company, the funding round came from Spero Ventures LLC. Talkshoplive says it livestreams e-commerce, allowing viewers to make purchases from within an embeddable video player. The company was foudned by brother and sister Bryan and Tina Moore. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showco&id=63300>)( More... <https://www.socaltech.com/fullstory/0080941.html>) *ABL Space Systems Sets Demo Flight For Q2 2021* <https://www.socaltech.com/fullstory/0080940.html> El Segundo-based ABL Space Systems, which is developing low cost launch vehicles and launch systems, says it has signed up customer for its first launch. The company says it is targeting its first demonstration flight of its RS1 rocket in Q2 of 2021. ABL Space Systems said that L2 Aerospace will launch two spacecraft on ABL's demonstration flight. Financial details of the launch agreement were not announced. (More... <https://www.socaltech.com/fullstory/0080940.html>) *Pitaya Entertainment Aims At Latino Podcasting Market* <https://www.socaltech.com/fullstory/0080939.html> Los Angeles-based Pitaya Entertainment announced this week that it has launched a new podcasting venture, which will create podcasts for U.S. Latinos. According to the company, the Latino podcast audience is underserved and underdeveloped, and Latino voices are seriously underrepresented in podcasting. The new startup is being led by Manging Partner and Co-Foudner Zach Horowitz. (More... <https://www.socaltech.com/fullstory/0080939.html>) *Ensysce Biosciences Sets CFO* <https://www.socaltech.com/fullstory/0080942.html> San Diego-based Ensysce Biosciences, a biopharmaceuticals company developing medicines for severe pain relief to reduce fear of addiction, opioid misuse, abuse and overdose, says it has appointed David Humphrey as its new Chief Financial Officer. The company--which is in the midst of being acquired by Leisure Acquisition Corp., a special purpose acquisition company (SPAC)--said Humphrey was previously CFO of Senomyx, where he had been when it was acquired by Firmenich SA. (More... <https://www.socaltech.com/fullstory/0080942.html>) *Westlake Village BioPartners Taps Former SVB Leerink Exec As COO* <https://www.socaltech.com/fullstory/0080938.html> Los Angeles-based venture capital investor Westlake Village BioPartners said on Wednesday that it has named Peter Calveley, previously Managing Director in the Investment Banking Group at SVB Leerink, as its Chief Operating Officer. According to the firm, Calveley will help power its portfolio of promising life sciences companies, and also aid in its expansion of its Los Angeles Biotech Hub. (More... <https://www.socaltech.com/fullstory/0080938.html>) *SpaceX Lands $850M, Now Worth $74 Billion* <https://www.socaltech.com/fullstory/0080937.html> Hawthorne, California-based SpaceX has completed raising $850M in new funding, boosting the valuation of the company to an astounding $74 billion, according to CNBC. The funding--which has not been announced by SpaceX--apparently valued SpaceX at $419.99 per share, and is a steep rise from its previous round in August, which valued SpaceX at $46 billion. CNBC cited "people familiar with the financing" in reporting the funding effort. (More... <https://www.socaltech.com/fullstory/0080937.html>) *Micronoma Snags $3.5M In Convertible Note For Cancer Detection* <https://www.socaltech.com/fullstory/0080936.html> San Diego-based Micronoma, a biotech startup developing cancer detection technology, has raised $3.5M in a convertible note financing, the company said this morning. The company said funding came from SymBiosis LLC, an existing investor, as well as new investor The Seerave Foundation. The company says it has now raised $6.5M in total since a seed round six months ago. (More... <https://www.socaltech.com/fullstory/0080936.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 *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] *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. ------------------------------ *Recent Funding <#funding>* 2/18/21 talkshoplive <https://www.socaltech.com/intelligence/?action=showdeal&id=101941> Los Angeles $3.00 M 2/12/21 Pipeline Therapeutics <https://www.socaltech.com/intelligence/?action=showdeal&id=101930> San Diego $80.00 M 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 ------------------------------ *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. All rights reserved. socalTECH.com - Dedicated to High Tech in Southern California http://www.socaltech.com/ SOCALTECH LLC 4607 Lakeview Canyon Road, Suite 290, Westlake Village, CA 91361
_______________________________________________ Socaltech mailing list [email protected] http://listserv.socaltech.com/mailman/listinfo/socaltech
