*socaltech.com <http://socaltech.com> TechNews - Monday, July 26, 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* - Rivian Pulls In Another $2.5 Billion <#0081525> - Jam City Abandons SPAC Effort <#0081521> - HyperX Extends Deal With JuJu Smith-Schuster <#0081522> - Cubic Wins USAF Contract <#0081523> - iHerb Files For IPO <#0081524> - Zevia Hits Market Via IPO <#0081517> *Marketplace* - UK Government's Department for International Trade (DIT) <#ad756> - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Accelerating Growth For Early Stage Innovation. <#ad764> - Stradling <#ad608> *Monday, July 26, 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]. *Rivian Pulls In Another $2.5 Billion* <https://www.socaltech.com/fullstory/0081525.html> Electric car maker Rivian, which has significant operations in Orange County, has raised another $2.5 billion in funding, the company said on Friday. The funding brings the company's total raised to an astounding $10.5 billion. The new funding came from Amazon's Climate Pledge Fund, D1 Capital Partners, Ford Motor and T. Rowe Price Associates Inc., along with Third Point, Fidelity Management and Research Company, Dragoneer Investment Group and Coatue. Rivian is led by CEO RJ Scaringe. (More... <https://www.socaltech.com/fullstory/0081525.html>) *Jam City Abandons SPAC Effort* <https://www.socaltech.com/fullstory/0081521.html> Los Angeles-based mobile game developer Jam City and special purpose acquisition company (SPAC) DPCM Capital said late Friday that the two comapnies are terminating their efforts, where DPCM Capital would acquire Jam City in a SPAC deal. The two companies cited "current market conditions" for calling off the deal. The two said calaling off the deal is the "best path forward for the parties and their respective stockholders. ( More... <https://www.socaltech.com/fullstory/0081521.html>) *HyperX Extends Deal With JuJu Smith-Schuster* <https://www.socaltech.com/fullstory/0081522.html> Fountain Valley-based gaming peripherals maker HyperX--now part of HP Inc.--says it has extended its ambassadorship deal with football star JuJu Smith-Schuster. Financial details of the deal were not announced. According to HyperX, the multi-year renewal deal calls for HyperX to continue to be the Official Gaming and Audio Partner of Smith-Schuster and is now also the Official Peripheral Partner of his esports organization, Team Diverge. ( More... <https://www.socaltech.com/fullstory/0081522.html>) *Cubic Wins USAF Contract* <https://www.socaltech.com/fullstory/0081523.html> San Diego-based defense contractor Cubic says this morning it has scored a new, U.S. Air Force contract, focused on Software Defined Radio (SDR). Cubic said the deal is worth over $10M. The Small Form Factor (SFF) Radio Phase 2 award is part of the United States Air Force (USAF) Data Links Enterprise (DLE) project. (More... <https://www.socaltech.com/fullstory/0081523.html>) *iHerb Files For IPO* <https://www.socaltech.com/fullstory/0081524.html> Pasadena-based online vitamins, minerals, and supplements seller iHerb said last week that it has submitted a a draft registration statement on Form S-1 with the Securities and Exchange Commission, ahead of an initial public offering (IPO). The size of the IPO, pricing, and other details of the IPO were not announced. iHerb operates an online e-commerce business which sells vitamins, minerals, and supplements. (More... <https://www.socaltech.com/fullstory/0081524.html>) *Zevia Hits Market Via IPO* <https://www.socaltech.com/fullstory/0081517.html> Los Angeles-based soda company Zevia has its IPO on Thursday, launching itself onto the public markets on the New York Stock Exchange at ZVIA. The company priced at $14.00 per share on Wednesday night, offering up 10,700,000 shares to buyers. The price was at the midpoint of its originally estimated $13.00 to $15.00 range. Zevia sells zero calorie soda to the consumer market, and uses stevia instead of sugar as a sweetener. The company is backed by Caisse de depot et placement du Quebec (CDPQ). ( More... <https://www.socaltech.com/fullstory/0081517.html>) *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 *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 *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 *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>* 7/21/21 FloQast <https://www.socaltech.com/intelligence/?action=showdeal&id=103068> Los Angeles $110.00 M 7/20/21 QMerit, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103067> Irvine $0.00 M 7/16/21 NetraDyne, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103034> San Diego $150.00 M 7/14/21 Endgame <https://www.socaltech.com/intelligence/?action=showdeal&id=103033> Los Angeles $12.25 M 7/13/21 Specright <https://www.socaltech.com/intelligence/?action=showdeal&id=103032> Tustin $30.00 M 6/30/21 ServiceTitan <https://www.socaltech.com/intelligence/?action=showdeal&id=102971> Glendale $200.00 M 6/30/21 Quizizz <https://www.socaltech.com/intelligence/?action=showdeal&id=102972> Santa Monica $31.50 M 6/29/21 TOCA Football, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=102954> Costa Mesa $40.00 M 6/29/21 FutureProof <https://www.socaltech.com/intelligence/?action=showdeal&id=102955> San Diego $3.00 M 6/28/21 Tapcart <https://www.socaltech.com/intelligence/?action=showdeal&id=102953> Santa Monica $50.00 M 6/24/21 GOAT <https://www.socaltech.com/intelligence/?action=showdeal&id=102952> Los Angeles $195.00 M 6/16/21 RayzeBio, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=102909> San Diego $108.00 M 6/14/21 EcoATM <https://www.socaltech.com/intelligence/?action=showdeal&id=102908> San Diego $75.00 M 6/10/21 Mythical Games <https://www.socaltech.com/intelligence/?action=showdeal&id=102893> Sherman Oaks $75.00 M ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html July 29, San Diego -- *Virtual Rocket Pitch + Power Networking* Virtual Rocket Pitch + Power Networking. CONNECTpreneur Investor Network presents Virtual Rocket Pitch + Power Networking. Come learn, connect with others, and be inspired! “Rocket Pitch + Power Networking” by CONNECTpreneur features virtual networking sessions and a Rocket Pitch segment with exciting early stage companies. See http://www.socaltech.com/calendar/eventid/26729 July 30, Los Angeles -- *Datacon LA Startup Showcase Deadline* Datacon LA Startup Showcase Deadline. Data Con LA, in partnership with TenOneTen Ventures, invites you to submit your startup pitch at our 2021 virtual Startup Showcase. Prizes awarded! The deadline for submission is July 30th. See http://www.socaltech.com/calendar/eventid/26730 August 1, Los Angeles -- *SIGGRAPH 2021* SIGGRAPH 2021. ACM SIGGRAPH is a special interest group within ACM that serves as an interdisciplinary community for members in research, technology, and applications in computer graphics and interactive techniques. SIGGRAPH conferences, held in North America and Asia, are the world’s leading annual interdisciplinary educational experiences showcasing the latest in computer graphics and interactive techniques. See http://www.socaltech.com/calendar/eventid/26333 August 2, Los Angeles -- *SIGGRAPH 2021* SIGGRAPH 2021. ACM SIGGRAPH is a special interest group within ACM that serves as an interdisciplinary community for members in research, technology, and applications in computer graphics and interactive techniques. SIGGRAPH conferences, held in North America and Asia, are the world’s leading annual interdisciplinary educational experiences showcasing the latest in computer graphics and interactive techniques. See http://www.socaltech.com/calendar/eventid/26334 August 3, Los Angeles -- *SIGGRAPH 2021* SIGGRAPH 2021. ACM SIGGRAPH is a special interest group within ACM that serves as an interdisciplinary community for members in research, technology, and applications in computer graphics and interactive techniques. SIGGRAPH conferences, held in North America and Asia, are the world’s leading annual interdisciplinary educational experiences showcasing the latest in computer graphics and interactive techniques. See http://www.socaltech.com/calendar/eventid/26335 August 4, Los Angeles -- *SIGGRAPH 2021* SIGGRAPH 2021. ACM SIGGRAPH is a special interest group within ACM that serves as an interdisciplinary community for members in research, technology, and applications in computer graphics and interactive techniques. SIGGRAPH conferences, held in North America and Asia, are the world’s leading annual interdisciplinary educational experiences showcasing the latest in computer graphics and interactive techniques. See http://www.socaltech.com/calendar/eventid/26336 August 5, Los Angeles -- *SIGGRAPH 2021* SIGGRAPH 2021. ACM SIGGRAPH is a special interest group within ACM that serves as an interdisciplinary community for members in research, technology, and applications in computer graphics and interactive techniques. SIGGRAPH conferences, held in North America and Asia, are the world’s leading annual interdisciplinary educational experiences showcasing the latest in computer graphics and interactive techniques. See http://www.socaltech.com/calendar/eventid/26337 ------------------------------ *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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