*socaltech.com <http://socaltech.com> TechNews - Wednesday, November 17, 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 * - Workiz Snags $40M In Series C <#0081937> - Mavenlink Merging With Kimble Applications <#0081936> - Cognixion Connects With $12M For Brain-Computer Interface <#0081935> - Novoron Biosciences Picks Up $3M <#0081934> - CATCH'N Ice Cream Snags $1.5M Seed Funding <#0081933> - Inversion Snags $10M For Space Cargo Efforts <#0081932> *Marketplace* - Accelerating Growth For Early Stage Innovation. <#ad764> - Pacific Western Bank, Venture Banking Group <#ad749> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Stradling <#ad608> *Wednesday, November 17, 2021* *Support Our News Coverage - Become A Member Today! <https://www.socaltech.com/Membership>* We often get asked--how do we pay for our news coverage and our publishing efforts? That's simple -- it's a combination of our sponsors and YOU. How can YOU make sure you continue to get news on Southern California's technology industry? By becoming a member of socaltech! Not only do you get to support our news coverage, but you also get access to our big database of Southern California companies, venture investors, service providers, and deal information, and many other resources. We are relying on YOU! Join today at http://www.socaltech.com/Membership *Workiz Snags $40M In Series C* <https://www.socaltech.com/fullstory/0081937.html> S (More... <https://www.socaltech.com/fullstory/0081937.html>) *Mavenlink Merging With Kimble Applications* <https://www.socaltech.com/fullstory/0081936.html> Irvine-based Mavenlink, which develops cloud-based software for the professional services market, and London-based Kimble Applications, said the two are merging in an effort backed by private equity investor Accel-KKR. Financial details of the business combination were not announced. (More... <https://www.socaltech.com/fullstory/0081936.html>) *Cognixion Connects With $12M For Brain-Computer Interface* <https://www.socaltech.com/fullstory/0081935.html> Santa Barbara-based Cognixion, a startup which says it is developing a non-invasive, wireless brain-computer interface with augmented reality display--aimed at helping those with communications and physical disabilities--has raised $12M in a funding round. The company said the seed funding was led by Prime Movers Lab, and also included Northwell Health, Amazon Alexa Fund and Volta Circle. The company said its system enables hands-free, voice-free control of AR/XR applications in the headset. ( More... <https://www.socaltech.com/fullstory/0081935.html>) *Novoron Biosciences Picks Up $3M* <https://www.socaltech.com/fullstory/0081934.html> San Diego-based Novoron Biosciences, a biotech company that is developing therapies aimed at reversing central nervous system (CNS) damage due to spinal cord injuries, has raised $3M in a seed fudning round. The company came from Two Bear Capital. According to Novoron, the funding will go towards develping its lead drug candidate, which has the potential to both promote axonal regeneration and repair of the myelin sheath. (More... <https://www.socaltech.com/fullstory/0081934.html>) *CATCH'N Ice Cream Snags $1.5M Seed Funding* <https://www.socaltech.com/fullstory/0081933.html> Los Angeles-based TikTok influencer Dylan Lemay, who bills himself an "ice cream influencer", said on Tuesday that has has raised $1.5 million in a pre-seed funding round for a new venture called CATCH'N Ie Cream. The influener said the new company will open an "experiential" ice cream store in New York City with the funding, which came from Chris Camillo (co-foudner of Dumb Money), Joanne Molinaro (The Korean Vegan), Milad Mirg, and Anthony Baroud, among others. (More... <https://www.socaltech.com/fullstory/0081933.html>) *Inversion Snags $10M For Space Cargo Efforts* <https://www.socaltech.com/fullstory/0081932.html> Los Angeles-based Inversion, a company which says it is developing space capsules aimed at making it easier to return cargo to Earth from space, has raised $10M in a seed funding round. The funding was led by Spark Capital, and also included Y Combinator, Embedded Ventures, Funders Club, Liquid 2 Ventures, plus angels Kyle Vogt (Cruise) and David Hodge. According to the company it is developing "space capsules" for re-entry from space. The company's CEO and co-founder is Justin Fiaschetti. (More... <https://www.socaltech.com/fullstory/0081932.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 *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]. *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]. *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. ------------------------------ *Recent Funding <#funding>* 11/15/21 MingSight Pharmaceuticals <https://www.socaltech.com/intelligence/?action=showdeal&id=103191> San Diego $20.00 M 11/15/21 Intelligo <https://www.socaltech.com/intelligence/?action=showdeal&id=103189> Los Angeles $22.00 M 11/04/21 Biolinq Inc <https://www.socaltech.com/intelligence/?action=showdeal&id=103187> San Diego $100.00 M 11/04/21 Huckleberry Labs <https://www.socaltech.com/intelligence/?action=showdeal&id=103186> Irvine $12.50 M 11/03/21 Hone <https://www.socaltech.com/intelligence/?action=showdeal&id=103185> Encinitas $16.00 M 11/02/21 Shoreline Biosciences, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103183> La Jolla $140.00 M 11/01/21 Type:A Brands <https://www.socaltech.com/intelligence/?action=showdeal&id=103182> Los Angeles $0.00 M 10/28/21 SKYRYSE, INC. <https://www.socaltech.com/intelligence/?action=showdeal&id=103181> Ann Arbor $200.00 M 10/21/21 Flock Freight <https://www.socaltech.com/intelligence/?action=showdeal&id=103179> Solana beach $215.00 M 10/21/21 VideoAmp <https://www.socaltech.com/intelligence/?action=showdeal&id=103180> Santa Monica $275.00 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html November 18, Los Angeles -- *Digital Bridges: Why the Future of Tech Depends on Older Adults* *NEW* . See http://www.socaltech.com/calendar/eventid/26745 December 1, Los Angeles -- *USC Viterbi Startup Garage Presents: AWS Workshop* *NEW* . See http://www.socaltech.com/calendar/eventid/26744 ------------------------------ *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. 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