*socaltech.com <http://socaltech.com> TechNews - Thursday, October 28, 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 * - Wavemaker Launches Climate, Sustainability Fund <#0081867> - Activision Blizzard's Kotick: Zero Tolerance, $250M For Diversity <#0081865> - Cadrilla Capital Acquires Agilence <#0081864> - Skyryse Finds $200M For Pilot Automation Software <#0081863> - Borrego Selected For Utility Scale Solar In Montana, South Dakota <#0081866> - ClickUp Collects $400M <#0081862> - Panda Express Expands Deal With Beyond Meat <#0081861> *Marketplace* - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Pacific Western Bank, Venture Banking Group <#ad749> - Network Thinking Solutions - DevOps and Managed Services <#ad774> - Accelerating Growth For Early Stage Innovation. <#ad764> - Become a Socaltech Supporter! <#ad724> *Thursday, October 28, 2021* *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 *Wavemaker Launches Climate, Sustainability Fund* <https://www.socaltech.com/fullstory/0081867.html> Wavemaker Partners, the investment firm which has oeprations both in Los Angeles as well as Singapore, has launched a new climate and sustainability fund, Wavemaker Impact. According to the new fund, it is currently raising $25M for its new fund, which will focus on startups which are looking at climate technology and sustainability. The new fund is based in Singapore, and is led by Quentin Vaquette, Doug Parker, Marie Cheong, Paul Santos, and Steve Melhuish. (More... <https://www.socaltech.com/fullstory/0081867.html>) *Activision Blizzard's Kotick: Zero Tolerance, $250M For Diversity* <https://www.socaltech.com/fullstory/0081865.html> Santa Monica-based Activision Blizzard is on the defensive after facing a number of lawsuits and investigations of the company for discrimination and sexual harassment, saying in a letter to employees released by the company to the public that it will have zero tolerance for harassment reported to the firm. (More... <https://www.socaltech.com/fullstory/0081865.html>) *Cadrilla Capital Acquires Agilence* <https://www.socaltech.com/fullstory/0081864.html> A new, Santa Barbara-based private equity investment company Cuadrilla Capital says it has acquired a Mt. Laurel Township, New Jersey-based company, Agilence. Financial details of the deal were not announced. Cuadrilla says that the acquisition is its first investment since its launched in April. (More... <https://www.socaltech.com/fullstory/0081864.html>) *Skyryse Finds $200M For Pilot Automation Software* <https://www.socaltech.com/fullstory/0081863.html> Los Angeles-based Skyryse, a startup which is developing software to automate piloting of aircraft, has raised $200M in a Series B funding round, according to the company. (Funding Details <https://www.socaltech.com/intelligence/?action=showdeal&id=103181>)(More... <https://www.socaltech.com/fullstory/0081863.html>) *Borrego Selected For Utility Scale Solar In Montana, South Dakota* <https://www.socaltech.com/fullstory/0081866.html> San Diego-based renewable energy developer Borrego Solar Systems reported this morning that it has been selected for two, utility-scale solar power projects in Montana and South Dakota. According to the company, it was selected by Greenbacker Renewable Energy Company LLC (GREC) for two projects, the first for the company in the two states. (More... <https://www.socaltech.com/fullstory/0081866.html>) *ClickUp Collects $400M* <https://www.socaltech.com/fullstory/0081862.html> San Diego-based productivity software developer ClickUp said this morning that it has raised a huge, $400M Series C funding round, which gives it a valuation of $4 billion. The Series C funding was co-led by co-led by Andreessen Horowitz and Tiger Global, with participation from Lightspeed Venture Partners and Meritech Capital Partners. ClickUp is led by Founder and CEO Zeb Evans. According to the company, it has tripled its revenue, and now counts such clients as McDonalds, Booking. (More... <https://www.socaltech.com/fullstory/0081862.html>) *Panda Express Expands Deal With Beyond Meat* <https://www.socaltech.com/fullstory/0081861.html> Rosemead, California-based Asian food chain Panda Express said this morning that it is expanding an effort it has with El Segundo-based Beyond Meat. According to Panda Express, it will expand its new Beyond The Original Orange Chicken across 70 locations nationwide, after a pilot in New York City and Southern California. The dish uses Beyond's meat alternatives, instead of chicken. Panda Express said the expanded availability of the disk will be for a "limited time". (More... <https://www.socaltech.com/fullstory/0081861.html>) *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]. *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 *Become a Socaltech Supporter!* Interested in letting Southern California's high tech community know you are here for them? Want to reach Southern California's movers and shakers? Become a SPONSOR or SOCALTECH SUPPORTER! Our sponsors and supporters are featured on our website, and online service provider directory, as well as in our newsletter multiple times per week. It's a great way to both get the word out about your services, as well as support our news coverage of local companies across the tech industry! Contact [email protected] for details. ------------------------------ *Recent Funding <#funding>* 10/28/21 SKYRYSE, INC. <https://www.socaltech.com/intelligence/?action=showdeal&id=103181> Ann Arbor $200.00 M 10/21/21 VideoAmp <https://www.socaltech.com/intelligence/?action=showdeal&id=103180> Santa Monica $275.00 M 10/21/21 Flock Freight <https://www.socaltech.com/intelligence/?action=showdeal&id=103179> Solana beach $215.00 M 10/20/21 Carbon Capture <https://www.socaltech.com/intelligence/?action=showdeal&id=103178> Pasadena $35.00 M 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 ------------------------------ *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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