*socaltech.com <http://socaltech.com> TechNews - Thursday, March 3, 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 * - M13 Raises $400M Fund <#0082247> - H2U Technologies Picks Up $11M For Green Hydrogen Effort <#0082245> - Global Clean Energy Holdings Finds $145M From ExxonMobil <#0082248> - Yardi Wins Texas Agency <#0082246> - OpenGate Capital Invests In Annex Cloud <#0082243> *Marketplace* - Tech vs Media Episode 4: Crypto Billionaire Brock Pierce <#ad784> - Pacific Western Bank, Venture Banking Group <#ad749> - Stradling <#ad608> - KPMG QuantumShift Program: Join an exclusive group of elite entrepreneurs <#ad778> *Thursday, March 3, 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 *M13 Raises $400M Fund* <https://www.socaltech.com/fullstory/0082247.html> Los Angeles-based venture capital investor M13 announced this morning that it has raised $400M in its third venture capital fund. The company said the fund was oversubscribed, and exceeded its initial $275M target. The company says it is investing in early-stage founding teams, and targeting companies working on the "future of consumer behavior in work, commerce, health, and money. (More... <https://www.socaltech.com/fullstory/0082247.html>) *H2U Technologies Picks Up $11M For Green Hydrogen Effort* <https://www.socaltech.com/fullstory/0082245.html> Los Angeles-based H2 Technologies, which is developing energy technology to produce green hydrogen, says it has raised $11M in a Series A funding round. The funding was led by Jerico Energy Ventures, Freeflow Ventures, VoLo Earth Ventures, and Hess Corporation. The company said it raised the first $7M of its Series A in 2021, from Jericho, Hess, Dolby Family Ventures and Motus Ventures. H2U Technologies is led by President and CEO Mark McGough. (More... <https://www.socaltech.com/fullstory/0082245.html>) *Global Clean Energy Holdings Finds $145M From ExxonMobil* <https://www.socaltech.com/fullstory/0082248.html> Los Angeles-based renewable fuels company Global Clean Energy Holdings, a publicly traded company which trades OTC, said it has raised $145M from ExxonMobil. The company said it is working on a Bakersfield biorefinery, which will convert camelina (false flax) oil into biofuels and biomaterials. The company said the funding came in the form of a non-convertible Series C Preferred Stock investment. As part of the funding, two ExxonMobile employees have joined its board of directors, Amy K. (More... <https://www.socaltech.com/fullstory/0082248.html>) *Yardi Wins Texas Agency* <https://www.socaltech.com/fullstory/0082246.html> S (More... <https://www.socaltech.com/fullstory/0082246.html>) *OpenGate Capital Invests In Annex Cloud* <https://www.socaltech.com/fullstory/0082243.html> Los Angeles-based private equity investor OpenGate Capital said on Tuesday that it is making a strategic investment in Annex Cloud, a developer of software-as-a-service used for customer retention and loyalty management. Financial details of that strategic investment were not announced. OpenGate Capital said that the founder of CEO of Annex Cloud, Mr. Al Lalani, will continue to lead the company. (More... <https://www.socaltech.com/fullstory/0082243.html>) *Tech vs Media Episode 4: Crypto Billionaire Brock Pierce <https://link.chtbl.com/aKC6DpJG>* 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. Episode 4: Crypto Billionaire Brock Pierce Walks Us Through Blockchain, Crypto, and NFTs Brock Pierce is one of the most well respected investors in Crypto and he gives us a great bottoms-up explanation of it all, which is a great refresher for experts and even better for those trying to figure out what in the world is Crypto, NFT’s, BlockChain, and more. Link: https://link.chtbl.com/aKC6DpJG *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]. *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. *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 ------------------------------ *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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