*socaltech.com <http://socaltech.com> TechNews - Tuesday, August 10, 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 * - UNest Acquires Kidfund <#0081583> - SensibleIoT Acquired By Montrose Environmental Group <#0081582> - AdviserSource Acquires Advisory Equity <#0081581> - Nanotech Energy Snags $65M In Series D For Battery Tech <#0081580> - SpaceX Buys Swarm Technologies <#0081579> *Marketplace* - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - UK Government's Department for International Trade (DIT) <#ad756> - Network Thinking Solutions - DevOps and Managed Services <#ad774> - Accelerating Growth For Early Stage Innovation. <#ad764> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> *Tuesday, August 10, 2021* *Pacific Western Bank, Venture Banking Group <http://www.pacwest.com/lending-solutions/venture-lending>* Pacific Western Bank is a commercial bank with over $29 billion in assets and 70 full-service branches primarily located in California, with one in Durham, NC and another in Denver, CO. Our Venture Banking Group offers a comprehensive suite of financial services focused on entrepreneurial and venture-backed businesses and their 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 Britt Nelson at [email protected]. *UNest Acquires Kidfund* <https://www.socaltech.com/fullstory/0081583.html> North Hollywood-based UNest, a fintech startup backed by Anthos Capital, Draper Dragon, The Artemis Fund, Northwestern Mutual Future Ventures, NBA All Star Baron Davis, and Band of Angels, says this morning that it has acquired Kidfund, the developer of an app which helps parents save money for their kids and which teaches good financial habits. Financial terms of the acquisition were not announced. (More... <https://www.socaltech.com/fullstory/0081583.html>) *SensibleIoT Acquired By Montrose Environmental Group* <https://www.socaltech.com/fullstory/0081582.html> Paso Robles-based SensibleIoT, a software developer which develops Internet-of-Things (IoT) software, has been acquired by Montrose Environmental Group, an environmental services company with more than 2,000 employees. Financial terms of the acquisition were not announced. According to Montrose Environmental Group, it will use the acquisition to offer further integrated services and data analytics. SensibleIoT was founded in 2018 by Charles Beach. (More... <https://www.socaltech.com/fullstory/0081582.html>) *AdviserSource Acquires Advisory Equity* <https://www.socaltech.com/fullstory/0081581.html> Los Angeles-based financial advisory consulting provider AdviserSource.com says it has acquired Advisory Equity, a developer of a financial marketplace app developer. Financial terms of the acquisition were not announced. According to AdviserSource, the deal was funded by additional growth capital provided by Fintech Fund II, LLLP. (More... <https://www.socaltech.com/fullstory/0081581.html>) *Nanotech Energy Snags $65M In Series D For Battery Tech* <https://www.socaltech.com/fullstory/0081580.html> Los Angeles-based Nanotech Energy, a developer of graphene-based battery technology, says it has raised $64M in a Series D funding round. The company said the funding was led by Fubon Financial Holding Co., Taiwan's largest financial services company. The company said the latest round gave it a $550M post-Series D valuation, and brings its total raised to $94.9M. ( More... <https://www.socaltech.com/fullstory/0081580.html>) *SpaceX Buys Swarm Technologies* <https://www.socaltech.com/fullstory/0081579.html> Los Angeles-based rocket and spacecraft developer SpaceX has acquired Swarm Technologies, a developer of "smallsat" (small satellite) technology. Financial terms of the buy were not announced, and no details of the acquisition were announced. The deal was uncovered via a series of filings with the FCC. Swarm has a network of 120 cubesats"-- small satellites in orbit, which are providing Internet-of-Things services. Swarm had raised about $25M in total funding. ( More... <https://www.socaltech.com/fullstory/0081579.html>) *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 *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 *Network Thinking Solutions - DevOps and Managed Services <http://www.networkthinking.com>* Network Thinking Solutions provides DevOps and Managed Services for Los Angeles, Ventura and Santa Barbara counties. NTS helps development teams implement, manage and monitor CI/CD, Load Balancing, Docker and Auto Scaling technologies. NTS also provides Desktop Managed Services for your business team which includes antivirus, threat protection, ransomware detection, and inventory management. Please reach us at [email protected] to start a conversation. *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 *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]. ------------------------------ *Recent Funding <#funding>* 8/05/21 Aardvark Therapeutics, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103135> San Diego $29.00 M 7/28/21 inVia Robotics <https://www.socaltech.com/intelligence/?action=showdeal&id=103108> Westlake Village $30.00 M 7/27/21 Replicated <https://www.socaltech.com/intelligence/?action=showdeal&id=103097> Los Angeles $50.00 M 7/26/21 SPINN <https://www.socaltech.com/intelligence/?action=showdeal&id=103096> Los Angeles $20.00 M 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 ------------------------------ *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. 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