*socaltech.com <http://socaltech.com> TechNews - Thursday, April 21, 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 * - Chipotle Launches $50M Venture Fund, Cultivate Next <#0082417> - Vinohead Targets Millennials, Gen-Z Through Wine Drops <#0082415> - Peeq Names CFO <#0082414> - Nuuve In MOU With DOE On Vehicle-to-Grid Efforts <#0082416> - Foreclosures Hit Post Pandemic Highs <#0082418> - Superjoi Takes $2.5M For Crowdfunding Creators <#0082413> *Marketplace* - Tech vs Media Episode 09: From MTV To NPR To Riot Games, Learning From Jarl Mohn <#ad789> - Accelerating Growth For Early Stage Innovation. <#ad764> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> *Thursday, April 21, 2022* *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]. *Chipotle Launches $50M Venture Fund, Cultivate Next* <https://www.socaltech.com/fullstory/0082417.html> Newport Beach-based Chipotle has launched a new, $50M venture capital fund, which it says will make early-stage investments in seed to Series-B companies. The fast casual restaurant chain said the new "Cultivate Next" venture fund will be funded entirely by the restaurant chain, and initially focus on startups who are developing technology and innovation for its restaurants. The new venture unit was announced by Chipotle Chief Technology Officer Curt Garner. (More... <https://www.socaltech.com/fullstory/0082417.html>) *Vinohead Targets Millennials, Gen-Z Through Wine Drops* <https://www.socaltech.com/fullstory/0082415.html> A new, Los Angeles startup, Vinohead, said on Wednesday that it has launched a new service which allows Millenials and Gen-Z to buy wine, direct, from single wineries through sales "drops". The startup said it has launched a beta for something it calls its "X-Drop", where it will offer up exclusive wines to consumers. The company said its first "drop" started yesterday, in a partnership with Chosen Family Wine to release its 2019 Willamette Valley Pinot Noir. (More... <https://www.socaltech.com/fullstory/0082415.html>) *Peeq Names CFO* <https://www.socaltech.com/fullstory/0082414.html> Los Angeles-based *Peeq <https://www.joinpeeq.com>*, a startup which helps creators and celebrities engage with their fans through one-on-one sessions with those celebrities, special content, and other experiences, says it has named Ommid Bavarian as the company's CFO. Bavarian previously was at such companies as Raytheon, Dover Corporation, Amcor, Orora, and Ernst & Young, as well as seven years in the private equity business. Peeq is led by CEO Pete Hayes.(More... <https://www.socaltech.com/fullstory/0082414.html>) *Nuuve In MOU With DOE On Vehicle-to-Grid Efforts* <https://www.socaltech.com/fullstory/0082416.html> San Diego-based cleantech developer Nuvve Holding Corp., which is working on vehicle-to-grid (V2G) technology to store energy in things like bus fleets to help supply the grid in overnight hours with clean energy, said it has signed a Memorandum of Understanding (MOU) with the U.S. Department of Energy (DOE). (More... <https://www.socaltech.com/fullstory/0082416.html> ) *Foreclosures Hit Post Pandemic Highs* <https://www.socaltech.com/fullstory/0082418.html> Irvine-based ATTOM, which provides foreclosure data and also runs RealtyTrac, says that U.S. foreclosure activity has set a new, post-pandemic high. According to the company, there were a total of 78,271 U.S. properties with a foreclosure filing during the first quarter of 2022, up 39 percent from the previous quarter and up 132 percent from a year ago. (More... <https://www.socaltech.com/fullstory/0082418.html>) *Superjoi Takes $2.5M For Crowdfunding Creators* <https://www.socaltech.com/fullstory/0082413.html> West Hollywood-based *Superjoi <https://superjoi.com>*, a new startup which operates a service to help creators raise money from their fans for projects, disclosed today that it has raised $2.5M in a pre-seed funding round. The funding included Ascension Ventures, QED Investors, Systema VC, Tomahawk and Modern Venture Partners. The startup is led by co-founder and CEO Chris Knight.(More... <https://www.socaltech.com/fullstory/0082413.html> ) *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 *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 *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>* 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 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 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 Voila <https://www.socaltech.com/intelligence/?action=showdeal&id=103207> Los Angeles $6.00 M 2/17/22 Spotter, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103208> Beverly Hills $200.00 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). 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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