*socaltech.com <http://socaltech.com> TechNews - Monday, March 15, 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 * - AxleHire Plans Zero Emissions Delivery In Santa Monica <#0081033> - TrueCar Makes Donation To Disabled Veteran Group <#0081032> - Faraday Future Completes Winter Testing <#0081031> - Doodeo Launches Virtual DJ Booking, Livestreaming Service <#0081034> - Longboard Pharmaceuticals Raises $80M In IPO <#0081035> - Insights: 3 Steps to Software Market Entry Success <#0081030> - Sidecar Health Expands To Utah <#0081028> *Marketplace* - Get Counted in the Inclusion Impact Indexes Project <#ad773> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Stradling <#ad608> - Tech Coast Map & Calendar – Put Your Company On The Map! <#ad717> *Monday, March 15, 2021* *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 *AxleHire Plans Zero Emissions Delivery In Santa Monica* <https://www.socaltech.com/fullstory/0081033.html> A last-mile delivery company, AxleHire, says it plans to start offering up zero emissions delivery in Santa Monica, as part of Santa Monica's effort to create a voluntary zero emissions delivery zone in the city. According to AxleHire, the Los Angeles Cleantech Incubator (LACI) worked with AxleHire, LA County, LA Metro, ROUSH CleanTech, Nissan Motor Corporation, Shopify, and others to develop the voluntary zero emissions delivery zone in the commercial activity fcore of Santa Monica. (More... <https://www.socaltech.com/fullstory/0081033.html>) *TrueCar Makes Donation To Disabled Veteran Group* <https://www.socaltech.com/fullstory/0081032.html> Santa Monica-based TrueCar says it has donated $11,000 to Disabled American Veterans, and will provide $2,500 each to four winning dealerships for donation to the nonprofit of their choice. The company said the donations were part of an promotion where it promised to donate $100, up to $11,000 to Disabled American Veterans for meeting set up with the company with dealers at the NADA (National Automobile Dealers Association) show this year. The show was virtual this year. (More... <https://www.socaltech.com/fullstory/0081032.html>) *Faraday Future Completes Winter Testing* <https://www.socaltech.com/fullstory/0081031.html> Los Angeles-based electric vehicle developer Faraday Future says that it has just completed winter testing of its FF 91 vehicle. According to Faraday Future, the FF 91--its first production vehicle--has completed testing activities in Michigan and Minnesota, to validate stability control, ABS, traction, torque vectoring, four wheel steering, and electric propulsion controls, among other systems. (More... <https://www.socaltech.com/fullstory/0081031.html>) *Doodeo Launches Virtual DJ Booking, Livestreaming Service* <https://www.socaltech.com/fullstory/0081034.html> A new, Los Angeles-based startup Doodeo, says it has launched a new service which allows users to book a DJ from anywhere in the world. The company says it is launching a new livestreaming service, which both allows entertainers to host online concerts, as well as allow for things like booking a DJ. The company, led by CEO Rony Hage, said its platform will allow entertainers to host online concerts and fundraisers through its platform, while producing an income through a virtual audience. (More... <https://www.socaltech.com/fullstory/0081034.html>) *Longboard Pharmaceuticals Raises $80M In IPO* <https://www.socaltech.com/fullstory/0081035.html> San Diego-based Longboard Pharmaceuticals, which is developing medicines for neurological diseases, raised $80M in its IPO last week, selling 5,000,000 shares of its common stock at a price of $16.00 per share. The company is now trading on the Nasdaq Global Market as LBPH. (More... <https://www.socaltech.com/fullstory/0081035.html>) *Insights: 3 Steps to Software Market Entry Success* <https://www.socaltech.com/fullstory/0081030.html> For our Insights and Opinions section today, we have an article from Tony Cristiano of Pivotal Arc, talking about 3 Steps to Software Market Entry Success. Do you have an article that would be useful to the SoCal startup and technology community? Let us know! There is much money to be made in software and tech. AI and innovative paradigms are booming! So, you want to leverage your software or tech offerings to expand in an adjacent market. (More... <https://www.socaltech.com/fullstory/0081030.html>) *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>) *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 *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]. *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 *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. *Tech Coast Map & Calendar – Put Your Company On The Map! <https://www.siliconmaps.com/tech-coast/>* Include your company on the Tech Coast Map and be part of the iconic industry symbol of Technology Innovation in Southern California. The map is promoted through Print, Digital, and web with an online interactive version of the map. Take part in the effective map campaign to support your region, brand and location(s) while promoting your company as an industry leader. The custom imprinted Poster/Calendars make the perfect promotional year-end gift for stakeholders. View the large interactive map at https://www.siliconmaps.com/tech-coast/ Contact [email protected] for more information and mention Socal Tech for special industry rates. ------------------------------ *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 April 13, Santa Monica -- *Preccelerator U: Startup Guide to Financial Modeling w/ Mark Wald* Preccelerato® U: Startup Guide to Financial Modeling w/ Mark Wald. Raising money? Investors want to maximize their return and minimize their risk, so you need to demonstrate to investors that you understand business and your business model, that you know how to make money, and that you can be trusted. Learn how to build and understand your financial model so you can demonstrate credibility by presenting it to investors and win their confidence in you. Featuring: Mark Wald, Managing Director, Supporting Strategies - Santa Monica. See http://www.socaltech.com/calendar/eventid/26710 ------------------------------ *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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