*socaltech.com <http://socaltech.com> TechNews - Tuesday, April 12, 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 * - Studio Scores $50M For Creative Classes <#0082384> - TrueCar: Fuel Prices Spurring Unprecedented Interest In Electric Vehicles <#0082382> - Miso Robotics Rolls Out Robotic Coffee Product <#0082381> - Fisker Sets Up Shop In India <#0082385> - Tealium Bolsters Board <#0082383> - Report: US Funding Starlink Shipments To Ukraine <#0082379> - Revive Selected For Real Estate Accelerator Run <#0082378> - Clearlake-backed Perforce Buys Puppet <#0082377> - Newegg Gets Into E-Bike Sales <#0082376> - Evofem Names Bizdev Head <#0082380> *Marketplace* - Accelerating Growth For Early Stage Innovation. <#ad764> - Pacific Western Bank, Venture Banking Group <#ad749> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Stradling <#ad608> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> *Tuesday, April 12, 2022* *Tech vs Media Episode 8: The First Lady of Crypto <https://link.chtbl.com/aKC6DpJG>* 'The First Lady of Crypto' Crystal Rose Pierce Forecasts Her Top Crypto Picks and the Legitimacy of NFTs How did an anonymous 11 year old in an AOL chatroom become the 'First Lady of Crypto'? Crystal Rose Pierce discusses her inspiring rise in the technology industry, breaks down what NFTs are - and why they are here to stay - and shares her predictions for the next big crypto coin. https://link.chtbl.com/aKC6DpJG *Studio Scores $50M For Creative Classes* <https://www.socaltech.com/fullstory/0082384.html> Los Angeles-based Studio, which operates an online service which lets people take classes to bolster their creative skills, says it has raised $50M in a Series B funding. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showdeal&id=103214> )(More... <https://www.socaltech.com/fullstory/0082384.html>) *TrueCar: Fuel Prices Spurring Unprecedented Interest In Electric Vehicles* <https://www.socaltech.com/fullstory/0082382.html> Santa Monica-based online car selling marketplace TrueCar said today that it has run a study of 1,000 U.S. adults about their attitudes and shopping behaviors in regards to electric vehicles, and has found--unsurprisingly--that the recent rise in fuel prices has spurred "unprecedented" interest in electric vehicles. The company said survey found that the proportion of consumers who say they are "extremely likely" to purchase an EV increased by 50% from July 2021 (from 14% to 21%). ( More... <https://www.socaltech.com/fullstory/0082382.html>) *Miso Robotics Rolls Out Robotic Coffee Product* <https://www.socaltech.com/fullstory/0082381.html> Pasadena-based cooking robot developer Miso Robotics has rolled out a new line of robots, this time, an automated coffee system. According to the company, it is rolling out its CookRight Coffee System with Panera Bread, which will evaluate and test the company's system. (More... <https://www.socaltech.com/fullstory/0082381.html>) *Fisker Sets Up Shop In India* <https://www.socaltech.com/fullstory/0082385.html> Los Angeles-based electric vehicle developer Fisker says it has set up shop in India, and has opened up a new headquarters for operations in India in Hyderabad. The company said it will open up an operating entity called Fisker Vigyan India Pvt Ltd, which will focus on software development and embedded electronics, virtual vehicle development support functions, data analytics, and machine learning. Fisker says it plans to create up to 200 jobs in the new location. (More... <https://www.socaltech.com/fullstory/0082385.html>) *Tealium Bolsters Board* <https://www.socaltech.com/fullstory/0082383.html> San Diego-based tag management software developer Tealium said today that it has added a new board member to its board of directors. The company said that it has added Tonya Bradford, Associate Professor, Marketing and Inclusive Excellence Term Chair Professor at the University of California Irvine's Paul Merage School of Business, to its board. Bradford has 15 years of teaching experience, and has a Ph.D. (More... <https://www.socaltech.com/fullstory/0082383.html>) *Report: US Funding Starlink Shipments To Ukraine* <https://www.socaltech.com/fullstory/0082379.html> Shipments of Starlink terminals to Ukraine by Hawthorne-based SpaceX were quietly funded by the US Agency for International Development (USAID), according to a report from the Washington Post. The report said USAID paid $1500 each for 1,333 terminals to be sent to Ukraine, to help the company stay connected to the Internet, even as it has been attacked by Russian troops. (More... <https://www.socaltech.com/fullstory/0082379.html>) *Revive Selected For Real Estate Accelerator Run* <https://www.socaltech.com/fullstory/0082378.html> Irvine-based Revive, a real estate fintech startup which offers up interest-free loans to people looking to fix up their homes before sale, says it has selected for the 2022 US REACH growth accelerator program. That startup accelerator is run by Second Century Ventures, the strategic investment arm of the National Association of Realtors. Revive was founded by Dalip Jaggi and Michael Alladawi. (More... <https://www.socaltech.com/fullstory/0082378.html>) *Clearlake-backed Perforce Buys Puppet* <https://www.socaltech.com/fullstory/0082377.html> Perforce Software, which develops enterprise source code and other tools, and which is backed by Santa Monica-based private equity investor Clearlake Capital Group, plus Francisco Partners, has signed a deal to acquire Puppet, a developer of infrastructure automation software. Financial details of the deal were not announced. Puppet's software is used to deploy software into the cloud, and is available both as open source and commercial software. (More... <https://www.socaltech.com/fullstory/0082377.html>) *Newegg Gets Into E-Bike Sales* <https://www.socaltech.com/fullstory/0082376.html> City of Industry-based online e-commerce retailer *Newegg <https://www.newegg.com>* has launched into the e-bike sales area, according to the company. The company said it is offering up a large assortment of electric bikes. The company is now offering up an educational video and other features to help consumers find e-bikes. E-bikes have been increasingly popular both for recreation as well as commuting.(More... <https://www.socaltech.com/fullstory/0082376.html>) *Evofem Names Bizdev Head* <https://www.socaltech.com/fullstory/0082380.html> San Diego-based *Evofem <https://www.evofem.com>*, which is developing a hormone-free contraceptive, said today that it has named Karina Fedasz as its new Head of Business Development. The company did not say where Fedasz has been recently, but spent her early career at JP Morgan. The company said Fedasz will oversee the company's business development, product and pipeline portfolios, new business ventures, and the advancement of access partnerships around the world.(More... <https://www.socaltech.com/fullstory/0082380.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 $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 *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. *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]. ------------------------------ *Recent Funding <#funding>* 4/12/22 Studio <https://www.socaltech.com/intelligence/?action=showdeal&id=103214> Los Angeles $50.00 M 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 ------------------------------ *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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