*socaltech.com <http://socaltech.com> TechNews - Friday, February 25, 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 * - Wave Sports + Entertainment Snags $27M More <#0082230> - WellPaid Launches Household Bill Management Tool <#0082227> - GreenPark Sports Partners With MLS <#0082228> - Stratolaunch Completes Another Flight Test <#0082226> - Elon Musk Still Under Investigation By SEC <#0082229> - Good Culture Gets $65M For Food Brand <#0082225> *Marketplace* - Tech vs Media Episode 3: Pioneering Diversity in Asset Management <#ad783> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pacific Western Bank, Venture Banking Group <#ad749> *Friday, February 25, 2022* *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 *Wave Sports + Entertainment Snags $27M More* <https://www.socaltech.com/fullstory/0082230.html> Los Angeles-based Wave Sports + Entertainment (WSE), which provides sports content to Snap, TikTok, Facebook, Instagram, and YouTube, says it has raised $27M more in a Series B funding round. The funding was led by TZP Group, and also included Crossbeam Venture Partners and GPS Investment Partners, plus Verance Capital, Nimble Ventures, NBA player Giannis Antetokounmpo, Golden Ventures, Sweet Capital, Henrik Kraft, the NFL's Baker Mayfield, and sports personality Jay Williams. (More... <https://www.socaltech.com/fullstory/0082230.html>) *WellPaid Launches Household Bill Management Tool* <https://www.socaltech.com/fullstory/0082227.html> San Diego-based WellPaid says it ha launched a new, household bill management tool aimed at people with roommates, friends, or unmarried adults living together. According to the company, it has created an automated ubscription and bill manager for households, which connects together cards and banks to monitor ubsription payments and split bills. ( More... <https://www.socaltech.com/fullstory/0082227.html>) *GreenPark Sports Partners With MLS* <https://www.socaltech.com/fullstory/0082228.html> Los Angeles-based social gaming developer GreenPark Sports says it has partnered with Major League Soccer, which will bring the ML and MLSPA to the "sport metaverse" in GreenPark's virtual fan world. Greenpark says it is developing a mo bile app which lets fan engage with their favorite sports teams and athletes, which it launched in early access last year. Financial details of the partnership were not announced. (More... <https://www.socaltech.com/fullstory/0082228.html>) *Stratolaunch Completes Another Flight Test* <https://www.socaltech.com/fullstory/0082226.html> Mojave-based Stratolaunch, the space startup which was developing an aerial rocket launch platform, but which has since shifted to provide a platform for launching hypersonic vehicles, says it has had a successful completion of its fourth flight test. According to Stratolaunch, the vehicle--the "Roc"--flew for 1 hour, 43 minutes over the Mojave Desert and reached an altitude of 15,000 feet. (More... <https://www.socaltech.com/fullstory/0082226.html>) *Elon Musk Still Under Investigation By SEC* <https://www.socaltech.com/fullstory/0082229.html> The Securities and Exchange Commission (SEC) is still investigating Elon Musk, according to the WSJ, over the sale of 88,500 shares of Tesla stock by Musk's brother Kimbal right before a November tweet Elon Musk made asking his Twitter followers if he should sell his Tesla stock. According to the report, Kimbal Musk sold those shares immediately before Elon Musk's tweet, in a move which might have violated a rule that bars Tesla employees from trading on undisclosed information. (More... <https://www.socaltech.com/fullstory/0082229.html>) *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>) *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 *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]. *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]. ------------------------------ *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 Happy Money <https://www.socaltech.com/intelligence/?action=showdeal&id=103203> Tustin $50.00 M 2/09/22 Complyant <https://www.socaltech.com/intelligence/?action=showdeal&id=103204> Los Angeles $5.50 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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