*socaltech.com <http://socaltech.com> TechNews - Wednesday, May 4, 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 * - Elevation Ventures Aims At $50M Fund For Climate Investments <#0082463> - Stratolaunch Plans Test Flight Today <#0082460> - OTOY Recreates Original Star Trek Set In VR <#0082461> - The Mighty Names President <#0082462> - Cardea Bio Gets $1.1M From Gates Foundation <#0082458> - Rocket Lab Successfully Snags Rocket Mid-Air <#0082455> *Marketplace* - Tech vs Media Episode 7: From Audio to Video to Movies and More <#ad787> - Network Thinking Solutions - DevOps and Managed Services <#ad774> - Accelerating Growth For Early Stage Innovation. <#ad764> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Stradling <#ad608> *Wednesday, May 4, 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]. *Elevation Ventures Aims At $50M Fund For Climate Investments* <https://www.socaltech.com/fullstory/0082463.html> Elevation Ventures, a new venture capital investment fund, disclosed today that it is looking to raised $50M for a new, climate investment fund. The new venture fund is led by Managing Partner Neal Rickner, with General Partners Bill Carpou and Scott Kitcher, plus Venture Partners Rachel Payne and Alex Shoer. The new fund is working with Octane and Sustan SoCal, and says it is looking at Orange County investments focused on "net zero transformation". (More... <https://www.socaltech.com/fullstory/0082463.html> ) *Stratolaunch Plans Test Flight Today* <https://www.socaltech.com/fullstory/0082460.html> Mojave-based rocket launch vehicle developer Stratolaunch said that it will run its fifth test flight today of its Roc carrier aircraft, which will carry and release a hypersonic test vehicle for NASA this morning around 7:15am. The company originally had developed its vehicle for launching satellites into space, but recently has pivoted to providing a testbed for hypersonic flight testing for NASA and others. (More... <https://www.socaltech.com/fullstory/0082460.html>) *OTOY Recreates Original Star Trek Set In VR* <https://www.socaltech.com/fullstory/0082461.html> Los Angeles-based OTOY and the estate of Gene Roddenberry (the Roddenberry Estate) said on Tuesday that the two are working together to take the original cast and crew of the first Star Trek pilot through the company's life-sized "holodeck simulation". OTOY has created a fully accurate, life-size virtual set, customers, characters, and props for the original Enterprise interior of the 1965 pilot for Star Trek, "The Cage". (More... <https://www.socaltech.com/fullstory/0082461.html>) *The Mighty Names President* <https://www.socaltech.com/fullstory/0082462.html> Los Angeles-based *The Mighty <https://www.themighty.com>*, which operates a health community and provides information to life sciences companies, said it has named Matthew Michelson, Ph.D., as President of the company. Michelson was previously President of Genesis AI at Genesis Research, and CEO of Evid Science, btoh companies working in artificial intelligence. The Mighty says it provides data to help healthcare providers better undrstand patient behavior and sentiment.(More... <https://www.socaltech.com/fullstory/0082462.html>) *Cardea Bio Gets $1.1M From Gates Foundation* <https://www.socaltech.com/fullstory/0082458.html> San Diego-based Cardea Bio, which is developing "electronic nose" technology, says it has received a $1.1M grant from the Bill & Melinda Gates Foundation. According to the company, it will use the funding to develop its electronic nose, which is being aimed at rapidly diagnosing infectious diseases. The company said it specifically is looking to develop the technology for use in rapidly diagnosing infectious diseases in developing countries. Michael Heltzen is CEO at Cardea Bio. (More... <https://www.socaltech.com/fullstory/0082458.html>) *Rocket Lab Successfully Snags Rocket Mid-Air* <https://www.socaltech.com/fullstory/0082455.html> Newport Beach-based Rocket Lab successfully snagged a rocket booster returning to earth using a helicopter on Monday, in the company's first recovery of one of its rockets for later re-use. The mission, which deployed 34 satellites to orbit, was named the "There And Back Again" mission, and is the 26th launch of a rocket for Rocket Lab. The company says it has now deployed a total of 146 satellites into orbit. This is what it looked like from the front seats. pic.twitter. (More... <https://www.socaltech.com/fullstory/0082455.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 *Network Thinking Solutions - DevOps and Managed Services <http://www.networkthinking.com>* Network Thinking Solutions provides DevOps and Managed Services for Los Angeles, Ventura and Santa Barbara counties. NTS helps development teams implement, manage and monitor CI/CD, Load Balancing, Docker and Auto Scaling technologies. NTS also provides Desktop Managed Services for your business team which includes Antivirus, Threat Protection, Ransomware Detection and Zero Trust Policies. Please reach us at [email protected] to start a conversation or visit our website https://networkthinking.com/devops/ *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 *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]. *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. ------------------------------ *Recent Funding <#funding>* 5/02/22 LinearB <https://www.socaltech.com/intelligence/?action=showdeal&id=103219> Santa Monica $50.00 M 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 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 ------------------------------ *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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