*socaltech.com <http://socaltech.com> TechNews - Monday, May 9, 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 * - AskGene Limited Raises $20M <#0082475> - Aspen Neuroscience Scores $147.5M More <#0082474> - Los Angeles Cleantech Incubator Backs EV Car Sharing Effort <#0082476> - Lytx Sees Sales Increase In Q1 <#0082477> - Romeo Power Selected For Delivery Vehicle <#0082478> - BloomNation Becomes Promenade, Offers Up Systems To Others <#0082473> *Marketplace* - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Network Thinking Solutions - DevOps and Managed Services <#ad774> - Accelerating Growth For Early Stage Innovation. <#ad764> - Tech vs. Media: From Working in a Small Apartment to Selling Your Company for Over $100M <#ad786> *Monday, May 9, 2022* *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. *AskGene Limited Raises $20M* <https://www.socaltech.com/fullstory/0082475.html> Camarillo, California and Nanjing, China-based *AskGene Limited <https://www.ask-gene.com>*, a startup biopharmaceuticals company, said today that it has raised $20M in a Series A financing round. The funding was led by Qiming Venture Partners and TF Capital. According to the company, it is working on cytokines for immunotherapy. AskGene is led by CEO Jeff Lu. The company said the funds will go to advance clinical development of its pipeline. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showco&id=64183>)( More... <https://www.socaltech.com/fullstory/0082475.html>) *Aspen Neuroscience Scores $147.5M More* <https://www.socaltech.com/fullstory/0082474.html> San Diego-based biotech startup Aspen Neuroscience said this morning that it has raised $147.5M in a Series B funding round. (More... <https://www.socaltech.com/fullstory/0082474.html>) *Los Angeles Cleantech Incubator Backs EV Car Sharing Effort* <https://www.socaltech.com/fullstory/0082476.html> The Los Angeles Cleantech Incubator is putting its support behind an effort to provide residents of 50 public housing projects nationwide with access to electric car charging and sharing. Congresswoman Nanette Díaz Barragán (CA-44) and LACI CEO Matt Petersen urged the passage of the EVs for All Act, H.R. (More... <https://www.socaltech.com/fullstory/0082476.html>) *Lytx Sees Sales Increase In Q1* <https://www.socaltech.com/fullstory/0082477.html> San Diego-based fleet management systems developer Lytx said today that it has seen a 65 percent, year-over-year increase in its subscription sales during its first quarter of 2022. Financials behind those increases were not announced, however, the company said it is seeing "unprecedented demand" from enterprise fleets and its third party resellers. Lytx said it saw record growth and revenues in 2021. Lytx said it sold more than 100,000 subscriptions to its services in the first quarter. (More... <https://www.socaltech.com/fullstory/0082477.html>) *Romeo Power Selected For Delivery Vehicle* <https://www.socaltech.com/fullstory/0082478.html> Los Angeles-based battery developer *Romeo Power <https://www.romeopower.com>*, which develops lithium batteries and related technology, said last week that it has been selected by a U.S. manufacturer of Low-Speed Electric Vehicles (LSEVs) being used for delivering food, packages on campuses and for the last-mile. Size and terms of the deal were not announced. The company said it will be the sole provider of the lithium-ion batteries for the un-named manufacturer.(More... <https://www.socaltech.com/fullstory/0082478.html>) *BloomNation Becomes Promenade, Offers Up Systems To Others* <https://www.socaltech.com/fullstory/0082473.html> Santa Monica-based online floral marketplace BloomNation has made a pivot to its business, saying that it has become Promenade Group, and is now offering up its online e-commerce website and delivery platform to other markets. According to the company, it is offering up its e-commerce systems to other industries, starting with restaurants and beverage stores. (More... <https://www.socaltech.com/fullstory/0082473.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 *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 *Tech vs. Media: From Working in a Small Apartment to Selling Your Company for Over $100M <https://www.curtco.com/tvm-06-jon-skogmo>* How to go from $10,000 and Working in a Small Apartment to Selling Your Company for Over $100,000,000 with Junkin Media Founder and Former CEO, Jon Skogmo The ultimate content creator: the “King of Viral Video,” founder and former CEO of Junkin Media Jon Skogmo, discusses how licensing and monetizing video clips on digital platforms and being an early adopter of YouTube helped him sell his company for over 100 million dollars. Listen to the episode here: href="https://www.curtco.com/tvm-06-jon-skogmo ------------------------------ *Recent Funding <#funding>* 5/09/22 AskGene <https://www.socaltech.com/intelligence/?action=showdeal&id=103220> Camarillo $20.00 M 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 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 ------------------------------ *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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