*socaltech.com <http://socaltech.com> TechNews - Wednesday, August 25, 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 * - Rocket Lab Hits The Nasdaq <#0081637> - Energy Vault Scores $100M For Gravity-Based Energy Storage <#0081636> - Shield AI Finds $210M <#0081635> - involve.ai Gets $16M <#0081638> - Greenfly Gets $8.4M For Influencer Marketing Software <#0081634> *Marketplace* - Accelerating Growth For Early Stage Innovation. <#ad764> - 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> - Pacific Western Bank, Venture Banking Group <#ad749> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> *Wednesday, August 25, 2021* *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 Zero Trust Policies. Please reach us at [email protected] to start a conversation or visit our website https://networkthinking.com/devops/ *Rocket Lab Hits The Nasdaq* <https://www.socaltech.com/fullstory/0081637.html> Long Beach-based Rocket Lab is the region's newest, public company, after completing a deal with a special purpose acquisition company (SPAC) this morning. The company--which rang the Nasdaq opening bell this morning--merged with Vector Acquisition Corp., which had been trading as VACQ on the Nasdaq. The company is now trading this morning as RKLB and RKLBW. The new, combined company has been renamed Rocket Lab USA, Inc. ( More... <https://www.socaltech.com/fullstory/0081637.html>) *Energy Vault Scores $100M For Gravity-Based Energy Storage* <https://www.socaltech.com/fullstory/0081636.html> Westlake Village-based Energy Vault, which is developing gravity-based, grid-scale energy storage systems, has raised $100M in its Series C funding round, the company announced this morning. The funding was led by Prime Movers Lab, and also included SoftBank Vision Fund, Saudi Aramco Energy Ventures, Helena, and Idealab X plus new investors, including Pickering Energy Partners through its Energy Equity Opportunity Fund, SailingStone Global Energy Transition, A.T. (More... <https://www.socaltech.com/fullstory/0081636.html>) *Shield AI Finds $210M* <https://www.socaltech.com/fullstory/0081635.html> San Diego-based Shield AI, a startup developing AI and self driving technologies for aircraft, has raised $210M in a Series D investment round, according to the company. The funding was led by Disruptive, and also included Point72 Ventures, Breyer Capital, and Andreessen Horowitz. Shield AI says it is focused on the defense market. The company said the new funding round will go towards accelerate its plans for growth across both the defense and commercial industries. (Funding Details <https://www.socaltech.com/intelligence/?action=showco&id=49348>)(More... <https://www.socaltech.com/fullstory/0081635.html>) *involve.ai Gets $16M* <https://www.socaltech.com/fullstory/0081638.html> Los Angeles-based involve.ai, a startup developing artificial intelligence-based customer retention software, said today that it has raised $16M in its Series A funding round. The funding was led by Sapphire Ventures, and also included Bonfire Ventures, Greycroft, Launch Capital, BDMI plus new investors GTMfund, Fenwick, Gokul Rajaram, Stanford University and Michael Whitmire. The company said the new funding will go to scale product development. (More... <https://www.socaltech.com/fullstory/0081638.html>) *Greenfly Gets $8.4M For Influencer Marketing Software* <https://www.socaltech.com/fullstory/0081634.html> Los Angeles-based Greenfly, a developer of marketing software for brand ambassadors, athletes, and sponsors, said on Tuesday that it has raised $8.4M in a strategic growth round. The funding included NBA player Chris Paul, as well as Verance Capital, Higher Ground Labs, DD Venture Capital, SW19 Ventures, LinkinFirm and Allievo Capital plus previous investors Go4it Capital, Elysian Park Ventures, Alpha Edison and Iconica Partners. (Funding Details <https://www.socaltech.com/intelligence/?action=showdeal&id=103141> )(More... <https://www.socaltech.com/fullstory/0081634.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 *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 *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]. *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>* 8/25/21 Shield AI Inc <https://www.socaltech.com/intelligence/?action=showdeal&id=103142> San Diego $210.00 M 8/25/21 Energy Vault <https://www.socaltech.com/intelligence/?action=showdeal&id=103143> Westlake Village $100.00 M 8/24/21 Greenfly <https://www.socaltech.com/intelligence/?action=showdeal&id=103141> Santa Monica $8.40 M 8/19/21 Apeel Sciences <https://www.socaltech.com/intelligence/?action=showdeal&id=103140> Goleta $250.00 M 8/19/21 RepairSmith <https://www.socaltech.com/intelligence/?action=showdeal&id=103139> El Segundo $42.00 M 8/16/21 Seismic <https://www.socaltech.com/intelligence/?action=showdeal&id=103138> Solana Beach $170.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html August 25, Los Angeles -- *Breaking the Series A Barrier: From Seed to Series A* Viterbi Startup Garage: Oceanside Chat: Breaking the Series A Barrier: From Seed to Series A. Who: Raychel Espiritu (Venture Outreach Manager at The Alliance for Southern California Innovation). What: Southern California has the right mix of talent and opportunity to produce the next major unicorns. The one ingredient that’s missing is venture capital. Join Raychel Espiritu at the next Oceanside Chat at USC Viterbi Startup Garage to learn what it takes to make it from Seed to Series A funding. She’ll share learnings from the SoCal Venture Pipeline program, a compelling solution that enables great SoCal startups to achieve success through strategic matchmaking to Series A investors. Learn about key metrics, key financials, and what’s necessary for an investor-ready pitch deck.. See http://www.socaltech.com/calendar/eventid/26734 ------------------------------ *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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