*socaltech.com <http://socaltech.com> TechNews - Friday, August 13, 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 * - Temasek Funds New AI Effort In San Diego, Aicadium <#0081597> - Kareo Acquires PatientlySpeaking <#0081596> - ENVOY Network Raises $2.5M For NFT Effort <#0081598> - Citadel Defense Scores $6M From DoD <#0081595> - Jukin Media Acquired By Trusted Media Brands <#0081594> - Slingshot Aerospace Rolls Out Satellite Collision Avoidance Effort <#0081593> *Marketplace* - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Accelerating Growth For Early Stage Innovation. <#ad764> - Network Thinking Solutions - DevOps and Managed Services <#ad774> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> *Friday, August 13, 2021* *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 *Temasek Funds New AI Effort In San Diego, Aicadium* <https://www.socaltech.com/fullstory/0081597.html> Singapore-based investment firm b>Temasek says it is funding and has launched a new, artificial intelligence startup that is headquartered in San Diego and Singapore, called Aicadium. The new startup will focus on developing a common machine learning platform to deliver AI-as-a-Service from discovery to deployment. Financial details of the investment in the new company were not announced. (More... <https://www.socaltech.com/fullstory/0081597.html>) *Kareo Acquires PatientlySpeaking* <https://www.socaltech.com/fullstory/0081596.html> Irvine-based cloud-based healthcare practice management software developer Kareo said on Thursday afternoon that it has acquired PatientlySpeaking, a developer of process automation technology for billing companies and medical practices. Financial terms of that acquisition were not announced. PatientlySpeaking was founded in 2011. According to Kareo, it will use the acquisition to expand its offerings to increase automation and efficiency. ( More... <https://www.socaltech.com/fullstory/0081596.html>) *ENVOY Network Raises $2.5M For NFT Effort* <https://www.socaltech.com/fullstory/0081598.html> Los Angeles-based ENVOY Network, a new startup focused on Non-Fungible Tokens (NFTs), says it has raised $2.5M in a funding round. The funding came from 3comma, Prometheus Labs, Solidity Ventures, Spark Digital Capital, Paribus, Kyros Ventures, Stakely.vc and Maven Capital. According to the company, it is launching a "curated digital billboard" which displays NFTs in Times Square, New York. (More... <https://www.socaltech.com/fullstory/0081598.html>) *Citadel Defense Scores $6M From DoD* <https://www.socaltech.com/fullstory/0081595.html> San Diego-based Citadel Defense, which develops counter-drone technology, reported on Thursday that it has scored a $6M contract from an un-named, U.S. Department of Defense customer. According to the company, the contract covers its AI-enabled solution to detect, classify, track, and defeat drones. The company said the exact customer at the DoD was classified. ( More... <https://www.socaltech.com/fullstory/0081595.html>) *Jukin Media Acquired By Trusted Media Brands* <https://www.socaltech.com/fullstory/0081594.html> Los Angeles-based viral video licensing company Jukin Media has been acquired by Trusted Media Brands, the parent company of Reader's Digest, the companies said on Thursday. Financial terms of the cash deal were not annoucned. Jukin Media specializes in finding viral video clips, and then working with the creators of those videos to handle licensing of those clips to media companies. Trusted Media Brands owns Reader's Digest, Taste of Home, Family Handyman, and many other publications. (More... <https://www.socaltech.com/fullstory/0081594.html>) *Slingshot Aerospace Rolls Out Satellite Collision Avoidance Effort* <https://www.socaltech.com/fullstory/0081593.html> El Segundo, California- and Austin, Texas-based Slingshot Aerospace says it is rolling out a new collision avoidance and communications platform for space, which it says will help spacecraft owners and operators communicate and collaborate. According to the company, its new product, Slingshot Beacon, will be piloted by OneWeb, Spire Global Inc., Orbit Fab, and others, which aaccount for 53 percent of the satellite constellations in low earth orbit (LEO). (More... <https://www.socaltech.com/fullstory/0081593.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 *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]. *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 *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. *Pixelgate.net - Internet Access, Web Hosting, Network Services <http://www.pixelgate.net>* We put the "Service" back into Internet Service Provider. http://www.pixelgate.net ------------------------------ *Recent Funding <#funding>* 8/11/21 HopSkipDrive <https://www.socaltech.com/intelligence/?action=showdeal&id=103136> South Pasadena $25.00 M 8/11/21 JUNO Live <https://www.socaltech.com/intelligence/?action=showdeal&id=103137> San Diego $3.50 M 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 Quizizz <https://www.socaltech.com/intelligence/?action=showdeal&id=102972> Santa Monica $31.50 M 6/30/21 ServiceTitan <https://www.socaltech.com/intelligence/?action=showdeal&id=102971> Glendale $200.00 M 6/29/21 TOCA Football, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=102954> Costa Mesa $40.00 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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