*socaltech.com <http://socaltech.com> TechNews - Thursday, February 24, 2022* Edited by Benjamin F. Kuo ISSN: 1524-6736 http://www.socaltech.com/News <https://www.socaltech.com/News> ------------------------------
*Sponsored By * Tech vs. Media Podcast (https://link.chtbl.com/aKC6DpJG) 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 * - Good Culture Gets $65M For Food Brand <#0082225> - Amionx Signs Deal With Chinese Manufacturer <#0082223> - Virgin Hyperloop One Cuts Half Of Staff, Pivots To Cargo <#0082221> - PatientPop Ties With American Academy of Dermatology <#0082224> - Austin Capital Aims At Fintech Companies <#0082222> - Starburst Aerospace Launches New Accelerator <#0082218> *Marketplace* - Accelerating Growth For Early Stage Innovation. <#ad764> - KPMG QuantumShift Program: Join an exclusive group of elite entrepreneurs <#ad778> - Pacific Western Bank, Venture Banking Group <#ad749> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> *Thursday, February 24, 2022* *Tech vs Media Episode 3: Pioneering Diversity in Asset Management <https://www.curtco.com/tvm-03-mellody-hobson>* CurtCo Media Launches its Newest Podcast: Tech vs Media, Hosted by Longtime Tech and Entertainment Veteran, Richard Wolpert (Apple, Disney, RealNetworks, 4x CEO). On Tech vs Media , Richard shares the amazing lessons learned on past, present, and predictions of the future of media and technology, and how these two categories have and will continue to converge or clash. Tech vs Media Episode 3: Pioneering Diversity in Asset Management with Mellody Hobson, the Co-CEO and President of Ariel Capital, Board Director of JP Morgan and Starbucks, and former Chairman of Dreamworks. Mellody shares her perspective on the past, current, and future of the entertainment industry, as well as her perspectives on race, diversity, mental health and gender in America today. Listen here: https://www.curtco.com/tvm-03-mellody-hobson *Good Culture Gets $65M For Food Brand* <https://www.socaltech.com/fullstory/0082225.html> Irvine-based Good Culture, best known for its cottage cheese brand, said on Wednesday that it has raised $64M in its Series C funding round. The funding was led by Manna Tree, and also included SEMCAP Food & Nutrition, pluls celebrity Kristen Bell. The company said it will use the funding to scale its business. The company is led by co-founder and CEO Jesse Merrill. Good Culture says it is on a "mission to create foods that are healing for people and the planet. (More... <https://www.socaltech.com/fullstory/0082225.html>) *Amionx Signs Deal With Chinese Manufacturer* <https://www.socaltech.com/fullstory/0082223.html> Carlsbad-based battery technology developer Amionx, a developer of lithium-ion battery technology, says it has signed a deal with Chinese battery manufacturer Li-Fun. According to the two, the deal enables Li-Fun to produce batteries that include SafeCore by Amionx, the safer Lithium battery technology that is being developed by Amionx. Financial details of the deal were not announced. Amionx says its technology helps prevent batteries from being the source of explosion or fire. (More... <https://www.socaltech.com/fullstory/0082223.html>) *Virgin Hyperloop One Cuts Half Of Staff, Pivots To Cargo* <https://www.socaltech.com/fullstory/0082221.html> Los Angeles-based "hyperloop" technology developer Virgin Hyperloop One has cut approximately half of its staff, and pivoted to work on cargo--rather than passenger--transportation. The high flying company laid off approximately 111 staffers, according to the Financial Times. Virgin Hyperloop One has yet to deliver a system, based on an idea tossed out to the world by Elon Musk of transporting people via giant pneumatic tubes. The company showed off a fancy "user experience" video back in 2021. ( More... <https://www.socaltech.com/fullstory/0082221.html>) *PatientPop Ties With American Academy of Dermatology* <https://www.socaltech.com/fullstory/0082224.html> Santa Monica-based PatientPop--which is backed by Leerink Transformation Partners, Toba Capital, and Silicon Valley Bank--said this morning that it has become a "preferred provider" for the American Academy of Dermatology (AAD). PatientPop is a developer of medical practice management software. According to PatientPop, it will offer up special rates and benefits to AAD members. Financial details of the deal were not announced. (More... <https://www.socaltech.com/fullstory/0082224.html>) *Austin Capital Aims At Fintech Companies* <https://www.socaltech.com/fullstory/0082222.html> Irvine-based *Austin Capital <https://www.AustinCapital.Partners>*--not to be confused with venerable Texas-based Austin Ventures <https://www.austinventures.com>--said today that it is making fintech investments from a $125M fund, venture studio, and "digital alternative investment platform". The company's founder is David J. Park. The new fund specifically says it is looking at fintech automation companies.(More... <https://www.socaltech.com/fullstory/0082222.html>) *Starburst Aerospace Launches New Accelerator* <https://www.socaltech.com/fullstory/0082218.html> El Segundo-based aerospace and defense accelerator Starburst Aerospace says it is launching a new startup accelerator effort, called the Minority Serving Institutions Space Accelerator. The new accelerator is being run as part of a partnership between Starburst and NASA's Science Mission Directorate (SMD), its Minority University Research Education Project within the Office of STEM Engagement, and NASA's Jet Propulsion Laboratory. (More... <https://www.socaltech.com/fullstory/0082218.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 *KPMG QuantumShift Program: Join an exclusive group of elite entrepreneurs <https://info.kpmg.us/quantumshift.html>* SHIFT TO A NEW LEVEL OF SUCCESS Welcoming America’s most innovative and promising CEOs to the University of Michigan’s campus in Ann Arbor for a five-day (May 1-6, 2022) learning and peer-to-peer networking experience. QuantumShift is led by faculty from the Stephen M. Ross School of Business and aims to help entrepreneurs improve their leadership approach, inspire their people, and maximize their growth opportunities. Interested in joining the class of 2022? Please apply here: https://info.kpmg.us/quantumshift.html *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]. *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 ------------------------------ *Recent Funding <#funding>* 2/22/22 Fama Technologies, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103209> Los Angeles $10.00 M 2/17/22 Spotter, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103208> Beverly Hills $200.00 M 2/17/22 Voila <https://www.socaltech.com/intelligence/?action=showdeal&id=103207> Los Angeles $6.00 M 2/15/22 Telgorithm <https://www.socaltech.com/intelligence/?action=showdeal&id=103206> Northridge $3.80 M 2/11/22 Sekr <https://www.socaltech.com/intelligence/?action=showdeal&id=103205> San Diego $2.25 M 2/09/22 Complyant <https://www.socaltech.com/intelligence/?action=showdeal&id=103204> Los Angeles $5.50 M 2/09/22 Happy Money <https://www.socaltech.com/intelligence/?action=showdeal&id=103203> Tustin $50.00 M 2/03/22 Platform Science, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103202> San Diego $115.00 M 1/27/22 Matters Lab <https://www.socaltech.com/intelligence/?action=showdeal&id=103201> Los Angeles $2.00 M 1/13/22 Masters <https://www.socaltech.com/intelligence/?action=showdeal&id=103199> Los Angeles $2.70 M 1/13/22 HeyRenee <https://www.socaltech.com/intelligence/?action=showdeal&id=103200> Los Angeles $4.40 M 1/12/22 Jaanuu <https://www.socaltech.com/intelligence/?action=showdeal&id=103198> El Segundo $75.00 M 1/04/22 Liquid Death <https://www.socaltech.com/intelligence/?action=showdeal&id=103197> Santa Monica $75.00 M 12/17/21 Elementary Robotics <https://www.socaltech.com/intelligence/?action=showdeal&id=103196> Los Angeles $30.00 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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