*socaltech.com <http://socaltech.com> TechNews - Tuesday, April 19, 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 * - Trust Snags $30M In Equity, Debt <#0082407> - European EV Battery Startup Founder Plans Effort In Imperial Valley <#0082405> - Stem Finds $20M For Music Payments <#0082404> - Starburst Lauches $1M In Prizes For Space Health Challenge <#0082408> - Viasat Expands In The UK <#0082406> - Wavemaker 360 Adds New Venture Partner <#0082403> *Marketplace* - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pacific Western Bank, Venture Banking Group <#ad749> - Stradling <#ad608> - Accelerating Growth For Early Stage Innovation. <#ad764> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> *Tuesday, April 19, 2022* *Tech vs Media Episode 09: From MTV To NPR To Riot Games, Learning From Jarl Mohn <https://link.chtbl.com/aKC6DpJG>* Tech vs Media Episode 09: >From MTV, to running NPR, to investing in Riot Games, learn from the industry master Jarl Mohn Former NPR CEO Jarl Mohn recounts some of the most pivotable portions of his career which were in turn pivotal for all of us who are consumers of entertainment Listen here: https://link.chtbl.com/aKC6DpJG *Trust Snags $30M In Equity, Debt* <https://www.socaltech.com/fullstory/0082407.html> Los Angeles-based Trust, a fintech startup which helps emerging brands with extended payment terms and other services, said today that it has raised $30M, split between $25M in debt and $5M in equity. The $25M in debt funding came from Upper90, and the additional $5M in equity came from Sapphire Sport and Michael Vaughan (former COO of Venmo). Trust had previously raised equity from Lerer Hippeau, Lightspeed Venture Partners, Manta Ray, Sapphire Sport, Upfront Ventures, and Upper90. (More... <https://www.socaltech.com/fullstory/0082407.html>) *European EV Battery Startup Founder Plans Effort In Imperial Valley* <https://www.socaltech.com/fullstory/0082405.html> A founder of two, European electric vehicle battery startups, Lars Carlstrom, has announced a plan for a third, Lithium battery startup, this time located in the Imperial Valley. According to Carlstrom, who previously founded two EV battery companies--Britishvolt and Italvolt--he is launching a new startup called Statevolt, which plans to develop a 54GWh "gigafactory" to build Lithium batteries for the North American market. ( More... <https://www.socaltech.com/fullstory/0082405.html>) *Stem Finds $20M For Music Payments* <https://www.socaltech.com/fullstory/0082404.html> Los Angeles-based *Stem <https://stem.is>*, a startup which provides independent record labels with tools to help manage payments to music artists, has raised $20M in a new funding round, the company disclosed late Monday. The funding was led by QED Investors, and also included Block, Slow Ventures, and Quality Control. The company says it has now raised around $40M. The startup is led by co-founder and CEO Milana Lewis.(More... <https://www.socaltech.com/fullstory/0082404.html>) *Starburst Lauches $1M In Prizes For Space Health Challenge* <https://www.socaltech.com/fullstory/0082408.html> El Segundo-base aerospace accelerator Starburst, along with partners Boryung and Axiom said they have launched a new challenge, which will offer up $1M in total prizes to be split between 10 startups working on technology to "optimize human health for space travel and habitation" or are manufactured in space to advance healthcare here on Earth. (More... <https://www.socaltech.com/fullstory/0082408.html>) *Viasat Expands In The UK* <https://www.socaltech.com/fullstory/0082406.html> Carlsbad, California-based satellite communications provider Viasat says it is expanding in the United Kingdom, saying this morning that it has joined the Space Cluster on the Harwell Science and Innovation Campus in Farnborough, UK. According to Viasat, its new office will help it support new technology and research partnerships in the UK. Harwell is known as a location for aerospace companies, and is the home of the UK Space Agency and the European Space Agency. (More... <https://www.socaltech.com/fullstory/0082406.html>) *Wavemaker 360 Adds New Venture Partner* <https://www.socaltech.com/fullstory/0082403.html> Pasadena-based healthcare venture fund Wavemaker Three-Sixty Health says it has named a new venture partner to the firm. According to Wavemaker 360, it has added Monica Jain, M.D., as a venture partner, to add clinical expertise to its ranks. Jain is a surgeon and the Surgical Innovation Officer at Cedars-Sinai Medical Center. Wavemaker 360 invests in startups across the areas of health-tech, digital health, medical device, telehealth, pharma-tech, science and marketplaces. (More... <https://www.socaltech.com/fullstory/0082403.html>) *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 $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]. *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. *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 *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>* 4/15/22 Obsidian Security <https://www.socaltech.com/intelligence/?action=showdeal&id=103217> Newport Beach $90.00 M 4/14/22 Welcome Tech <https://www.socaltech.com/intelligence/?action=showdeal&id=103216> Los Angeles $30.00 M 4/12/22 Studio <https://www.socaltech.com/intelligence/?action=showdeal&id=103214> Los Angeles $50.00 M 3/23/22 Subject <https://www.socaltech.com/intelligence/?action=showdeal&id=103213> Los Angeles $29.40 M 3/23/22 Gamefam <https://www.socaltech.com/intelligence/?action=showdeal&id=103212> Los Angeles $25.00 M 3/10/22 Menlo Microsystems, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103211> Irvine $150.00 M 3/10/22 Slingshot Aerospace <https://www.socaltech.com/intelligence/?action=showdeal&id=103210> El Segundo $25.00 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 ------------------------------ *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). 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