*socaltech.com <http://socaltech.com> TechNews - Friday, March 12, 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 * - Sidecar Health Expands To Utah <#0081028> - Belkin Plans Move To El Segundo <#0081026> - Procore Names Diversity VP <#0081027> - AeroVironment Wins $5.9M Contract For Unmanned Aircraft <#0081029> - Canoo Teases Electric Pickup Truck <#0081025> *Marketplace* - Accelerating Growth For Early Stage Innovation. <#ad764> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - UK Government's Department for International Trade (DIT) <#ad756> - Stradling <#ad608> *Friday, March 12, 2021* *Get Counted in the Inclusion Impact Indexes Project <https://bit.ly/2NUvJ8P>* We’re excited about teaming up with Socos Labs and StartOut and extending an invitation to our U.S. founders to get counted in the Inclusion Impact Indexes survey. Entrepreneurs help create many jobs and make an enormous contribution and the study looks at entrepreneurs' economic impact in terms of job creation, patents, financings, and exits. Data from this important Diversity & Inclusion survey provides important insights on contributions and unrealized potential. Please join us and get counted TODAY by taking this confidential 2-4 minute survey: http://bit.ly/2NUvJ8P *Sidecar Health Expands To Utah* <https://www.socaltech.com/fullstory/0081028.html> El Segundo-based online health insurance company Sidecar Health--which is backed by $175M in funding from from Drive Capital, BOND, Menlo Ventures, Tiger Global, Cathay Innovation, GreatPoint Ventures and Morpheus Ventures--said on Thursday that it is now available to consumers in Utah, bringing the total number of states it is operating in to 16. (More... <https://www.socaltech.com/fullstory/0081028.html>) *Belkin Plans Move To El Segundo* <https://www.socaltech.com/fullstory/0081026.html> Los Angeles-based consumer electronic giant Belkin announced on Thursday that it is planning to move its headquarters from Playa Vista to El Segundo, in Q4, as part of what it called a move to a "hybrid, flexible" workspace. Belkin said the new headquarters, at 555 Aviation, also will help it reach a corporate goal of becoming carbon neutral in scope 2 emissions by 2025. (More... <https://www.socaltech.com/fullstory/0081026.html>) *Procore Names Diversity VP* <https://www.socaltech.com/fullstory/0081027.html> Carpinteria-based construction management giant *Procore Technologies <http://www.procore.com>*--which just launched an IPO effort--said this week that it has named *Sandy Hoffman* as the company's VP of Diversity, Inclusion, and Belonging. The firms said that Hoffman is responsible for developing, implementing, and monitoring diversity and inclusion initiatives. Hoffman has served as similar roles at ServiceNow, LinkedIn, and Cisco.(More... <https://www.socaltech.com/fullstory/0081027.html>) *AeroVironment Wins $5.9M Contract For Unmanned Aircraft* <https://www.socaltech.com/fullstory/0081029.html> Simi Valley-based unmanned aircraft systems developer Aerovironment reported a $5.9M contract win this week, saying it signed a deal to deliver its Puma 3 AE aircraft systems to a European allied nation. According to the company, the contact came in the form of a U.S. Department of Defense Foreign Military Sales (FMS) contract award. The unmanned aircraft are expected to be delivered by April of 2021. AeroVironment says its Puma 3 AE has a wingspan of 9. (More... <https://www.socaltech.com/fullstory/0081029.html>) *Canoo Teases Electric Pickup Truck* <https://www.socaltech.com/fullstory/0081025.html> Los Angeles-based Canoo, the now public developer of electric vehicles, has rolled out plans for an electric pickup truck, which it promises to deliver as early as 2023. The company said its new pickup truck--shown in a rendering--will include workbenches, tool storage, and a modular expandable bed. The company said a production version of the truck will open for preorders in Q2 of 2021. (More... <https://www.socaltech.com/fullstory/0081025.html>) *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 *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 *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 *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>* 3/11/21 Cheese <https://www.socaltech.com/intelligence/?action=showdeal&id=102234> Pasadena $3.60 M 3/08/21 TheoryCraft Games <https://www.socaltech.com/intelligence/?action=showdeal&id=102123> Los Angeles $37.50 M 3/04/21 Whatnot <https://www.socaltech.com/intelligence/?action=showdeal&id=102122> Los Angeles $20.00 M 2/24/21 Emotive <https://www.socaltech.com/intelligence/?action=showdeal&id=102079> Los Angeles $50.00 M 2/24/21 BeSmartee <https://www.socaltech.com/intelligence/?action=showdeal&id=102080> Huntington Beach $0.00 M 2/23/21 SpaceX <https://www.socaltech.com/intelligence/?action=showdeal&id=102053> Hawthorne $850.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html March 25, Los Angeles -- *Preccelerator Program Virtual Demo Day* Preccelerator Program Virtual Demo Day + Special Guest Speaker. The Preccelerator ® Program Virtual Demo Day kicks off on March 25th @ 3:30 pm, and you're invited to take part in the festivities. Preccelerator cohort companies are early stage, and we work hand in hand with them throughout their term to know their market and users, foster their leadership skills, build and test their product, avoid legal pitfalls, ensure the defensibility of their products, acquire users and partnerships and prepare them for the fundraising process. Now it's time to showcase their efforts. See http://www.socaltech.com/calendar/eventid/26707 March 31, Los Angeles -- *Pepperdine University Most Fundable Companies Competition* Pepperdine University Most Fundable Companies® competition. Winners earn a spot on the annual Most Fundable Companies List, with national publicity and recognition. The free program informs US startups with less than $10 million in revenue about investor diligence. See http://www.socaltech.com/calendar/eventid/26711 ------------------------------ *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
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