*socaltech.com <http://socaltech.com> TechNews - Tuesday, October 12, 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 * - SUMA Wealth Raises $2M For Financial Apps <#0081801> - Day-J Finds $2.1M Funding For Health, Wellness Coaching <#0081802> - Acorns Names Chief Investment Officer <#0081803> - Shoreline Biosciences Names Chief Business Officer <#0081805> - Citadel Defense Expands Products <#0081804> - Better Brand Chomps Down On $2.5M For Food Brand <#0081800> *Marketplace* - UK Government's Department for International Trade (DIT) <#ad756> - Pacific Western Bank, Venture Banking Group <#ad749> - 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> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> *Tuesday, October 12, 2021* *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. *SUMA Wealth Raises $2M For Financial Apps* <https://www.socaltech.com/fullstory/0081801.html> Los Angeles-based SUMA Wealth, a fintech startup which is aiming its apps and platform at U.S. Latino youth, is annoucning this morning that it has raised an additional $2M in pre-seed funding. The company says the new funding was led by Samara Hernández, founding partner at Chingona Ventures, with participation from Marcos Gonzalez at Vamos Ventures, the Kwanza Jones & José E. (More... <https://www.socaltech.com/fullstory/0081801.html>) *Day-J Finds $2.1M Funding For Health, Wellness Coaching* <https://www.socaltech.com/fullstory/0081802.html> Los Angeles-based Day-J, a new startup offering up health and wellness coaching from experts, said this morning that it has raised a pre-seed round of funding worth $2.1M. The funding came from Raine Ventures, Fuel Capital, and Watertower Ventures. According to the startup, it offers up its users access to a "personalized team of licensed coaches and health and wellness experts" through subscription. Day-J is led by co-founder and CEO Joe Perez. (Funding Details <https://www.socaltech.com/intelligence/?action=showdeal&id=103177>)(More... <https://www.socaltech.com/fullstory/0081802.html>) *Acorns Names Chief Investment Officer* <https://www.socaltech.com/fullstory/0081803.html> Irvine-based investment app developer Acorns said this morning that it has appointed its first Chief Investment Officer. According to the company, it has named Seth Wunder, CFA, to the position, ahead of its expected public listing. Wunder previously was at black-and-white Capital, and also served at Contour Asset Management, and got his start at Morgan Stanley Investment Management. (More... <https://www.socaltech.com/fullstory/0081803.html>) *Shoreline Biosciences Names Chief Business Officer* <https://www.socaltech.com/fullstory/0081805.html> San Diego-based biotechnology company Shoreline Biosciences said this morning that it has named Scott Forrest, Ph.D., as its Chief Business Officer. Forrest was most recently Chief Financial Officer at Autobahn Therapeutics, and also served at Inception Therapeutics, the Versant Ventures company building biotech companies. He also previously served at such companies at Lycia Therapeutics, Pipeline Therapeutics, Chinook Therapeutics and Ventus Therapeutics, among many others. (More... <https://www.socaltech.com/fullstory/0081805.html>) *Citadel Defense Expands Products* <https://www.socaltech.com/fullstory/0081804.html> San Diego-based Citadel Defense, which develops systems to defend against drones, said it has launched a new set of counter drone offerings. According to the company, the expanded set of products--which is is selling under the brand name "Titan"--will offer up solutions from emerging requirements from the U.S. Government. Citadel Defense says it uses artificial intelligence and machine learning for its products to deal with identifying, tracking, and defeating drone threats. (More... <https://www.socaltech.com/fullstory/0081804.html>) *Better Brand Chomps Down On $2.5M For Food Brand* <https://www.socaltech.com/fullstory/0081800.html> Los Angeles-based Better Brand Bakery, which is behind the "Better Bagel", said last week that it raised $2.5M in a funding round. The company said the funding was led by Seven Seven Six, the venture investment firm from Alexis Ohanian, and also included Soma Capital, VERSO Capital, Cruise founder Kyle Vogt, and actor Patrick Schwarzenegger. The company says it has now raised $4M in total. Better Brand is led by Aimee Yang. (More... <https://www.socaltech.com/fullstory/0081800.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 *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]. *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/ *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]. *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>* 10/12/21 Day-J <https://www.socaltech.com/intelligence/?action=showdeal&id=103177> Los Angeles $2.00 M 10/11/21 Audio Up <https://www.socaltech.com/intelligence/?action=showdeal&id=103176> Los Angeles $12.00 M 10/07/21 GrayMatter Robotics <https://www.socaltech.com/intelligence/?action=showdeal&id=103169> Los Angeles $4.10 M 10/06/21 Amionx <https://www.socaltech.com/intelligence/?action=showdeal&id=103168> Carlsbad $0.00 M 9/29/21 Sommetrics, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103166> San Diego $11.00 M 9/27/21 Dozuki <https://www.socaltech.com/intelligence/?action=showdeal&id=103164> San Luis Obispo $0.00 M 9/27/21 Thankful <https://www.socaltech.com/intelligence/?action=showdeal&id=103165> Venice $12.00 M 9/23/21 Clovers <https://www.socaltech.com/intelligence/?action=showdeal&id=103162> Los Angeles $15.00 M 9/22/21 Perch Mobility <https://www.socaltech.com/intelligence/?action=showdeal&id=103163> Los Angeles $0.00 M 9/21/21 Assembly <https://www.socaltech.com/intelligence/?action=showdeal&id=103161> Los Angeles $0.00 M 9/20/21 WurkNow <https://www.socaltech.com/intelligence/?action=showdeal&id=103158> Riverside $10.00 M 9/20/21 9am.health <https://www.socaltech.com/intelligence/?action=showdeal&id=103159> Encinitas $3.70 M 9/20/21 Omaze <https://www.socaltech.com/intelligence/?action=showdeal&id=103160> Venice $85.00 M 9/17/21 Outer <https://www.socaltech.com/intelligence/?action=showdeal&id=103157> 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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