*socaltech.com <http://socaltech.com> TechNews - Thursday, April 7, 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 * - SpaceX Expansion Effort In Texas Sees Hiccup <#0082370> - Emmeline Ventures Launches Female Led Venture Fund <#0082367> - Camino Financial Raises $150M In Debt <#0082366> - Zest AI Signs Big Credit Union <#0082368> - Docupace Wins Michigan Wealth Manager <#0082369> *Marketplace* - Tech vs Media Episode 7: From Audio to Video to Movies and More <#ad787> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Pacific Western Bank, Venture Banking Group <#ad749> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> *Thursday, April 7, 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 *SpaceX Expansion Effort In Texas Sees Hiccup* <https://www.socaltech.com/fullstory/0082370.html> An effort by Hawthorne, California-based SpaceX to expand its Starbase operations has seen a major hiccup, after the U.S. Army Corps of Engineers withdrew the company's application to expand. The withdrawal apparently was a result of a failure by SpaceX to provide environmental information requested by the agency. (More... <https://www.socaltech.com/fullstory/0082370.html>) *Emmeline Ventures Launches Female Led Venture Fund* <https://www.socaltech.com/fullstory/0082367.html> Los Angeles-based Emmeline Ventures said this morning that it has launched a new, all-female led venture fund, which will focus on seed and early stage, female-founded companies. The new firm said it is in the midst of raising $5 to $8M in its initial fund, which it says it plans to invest in up to 20 businesses. The new firm is led by General Partners Azin Radsan van Alebeek, Naseem Sayani, and La Keisha Landrum Pierre. (More... <https://www.socaltech.com/fullstory/0082367.html>) *Camino Financial Raises $150M In Debt* <https://www.socaltech.com/fullstory/0082366.html> Los Angeles-based *Camino Financial <https://www.caminofinancial.com>*, which develops artificial intelligence lending software, says it has raised $150M in a debt funding round. According to the company, the debt came from Community Investment Management (CIM). The company said that debt will go towards its loan origination efforts. Camino Financial is led by CEO Sean Salas.(More... <https://www.socaltech.com/fullstory/0082366.html>) *Zest AI Signs Big Credit Union* <https://www.socaltech.com/fullstory/0082368.html> Los Angeles-based artificial intelligence-driven lending software developer *Zest AI <https://www.zest.ai>* said today that it has signed Redstone Federal Credit Union, a Huntsville, Alabama-based credit union, as a customer. The company said Redstone is one of the 20 largest federal credit unions in the US, with more than $8 billion in assets. Financial impact of the win was not annoucned. Zest AI's software will be used for auto and personal loan approvals.(More... <https://www.socaltech.com/fullstory/0082368.html>) *Docupace Wins Michigan Wealth Manager* <https://www.socaltech.com/fullstory/0082369.html> Los Angeles-based fintech operations software developer *Docupace <https://www.docupace.com>* said this morning that its has been selected by Farmington, Michigan-based GLP Financial Group, a provider of wealth management services to non-profit professionals, public education employees, and their families. Financial details of the win were not announced.(More... <https://www.socaltech.com/fullstory/0082369.html>) *Tech vs Media Episode 7: From Audio to Video to Movies and More <https://link.chtbl.com/aKC6DpJG>* Tech vs Media Episode 7: From Audio to Video to Movies and More: the Past, Present, and Future of All Content Streaming with Rob Glaser Rob Glaser, the founder/inventor of streaming audio and video on the internet, shares what it was like taking this powerful technology to the music and movie industries, and discusses the past, present, and future of AI. Listen on: href="https://podcasts.apple.com/us/podcast/tech-vs-media/id1606444841 ">Apple Spotify <https://open.spotify.com/show/3oiHCYLkLqPpr2aO7GlkEt>, or wherever <https://link.chtbl.com/aKC6DpJG> you get your podcasts *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 $40 billion in assets and 69 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. For more information, visit http://www.pacwest.com/lending-solutions/venture-lending, or reach out 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 *Pixelgate.net - Internet Access, Web Hosting, Network Services <http://www.pixelgate.net>* We put the "Service" back into Internet Service Provider. http://www.pixelgate.net ------------------------------ *Recent Funding <#funding>* 3/23/22 Gamefam <https://www.socaltech.com/intelligence/?action=showdeal&id=103212> Los Angeles $25.00 M 3/23/22 Subject <https://www.socaltech.com/intelligence/?action=showdeal&id=103213> Los Angeles $29.40 M 3/10/22 Slingshot Aerospace <https://www.socaltech.com/intelligence/?action=showdeal&id=103210> El Segundo $25.00 M 3/10/22 Menlo Microsystems, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103211> Irvine $150.00 M 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 ------------------------------ *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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