*socaltech.com <http://socaltech.com> TechNews - Tuesday, June 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 * - SteadyMD Acquires BlocHealth <#0082621> - Supply Change Capital Gets Backing From Bank Of America <#0082620> - TuSimple Shuffles Exec Staff, CFO Leaves <#0082617> - Amgen Commits $30M For Virtual Science Education <#0082619> - Helio Health Becomes Helio Genomics <#0082618> *Marketplace* - Apply For KPMG's 2nd Annual Global Tech Innovator Competition <#ad793> - 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> *Tuesday, June 21, 2022* *Recurring Revenue Conference - June 23, 2022 <https://bit.ly/3LLZhhG>* Recurring Revenue Conference Scaling SaaS & Subscription Businesses June 23, 2022 Culver City or virtually Join 500+ entrepreneurs, executives, and investors June 23 at the Culver City Hilton. Whether you are a SaaS or subscription business, or if customer retention is critical for your success, this is the premier Southern California event to learn from the tech pioneers. Hear from experts who are successfully growing their industry leading companies, as well as from the investors backing them. Can’t make the in-person event? Join us virtually. Enter the Promo Code below to save 10% on your ticket! Register at https://bit.ly/3LLZhhG Promo Code: SoCalTech10 Enter Promo Code before registration details *SteadyMD Acquires BlocHealth* <https://www.socaltech.com/fullstory/0082621.html> Los Angeles-based SteadyMD, which provides B2B telehealth infrastructure, says it has acquired BlockHealth, a clinician licensing, credentialing, and payer enrollment platform. Financial details of the acquisition were not announced. SteadyMD is backed by Lux Capital, Pelion Venture Partners, NEXT VENTŪRES, Acrew Capital, Draper Associates, Sound Ventures, and Anne Wojcicki. (More... <https://www.socaltech.com/fullstory/0082621.html>) *Supply Change Capital Gets Backing From Bank Of America* <https://www.socaltech.com/fullstory/0082620.html> A new, venture capital investment firm focused on early-stage food technology businesses, Supply Change Capital, announced that it has received an equity investment from Bank of America. The new venture capital firm--led by Noramay Cadena and Shayna Harris--said the commitment will go towards its $40M fund goal. Supply Change Capital said its fund is investing in diverse founders across the supply chain in technology, sustainable ingredients, and culture-first brands. (More... <https://www.socaltech.com/fullstory/0082620.html>) *TuSimple Shuffles Exec Staff, CFO Leaves* <https://www.socaltech.com/fullstory/0082617.html> San Diego-based autonomous trucking company TuSimple said this morning that its CFO has left the company, and it has promoted two of its executives. According to TuSimple, its Chief Financial Officer, Patrick Dillon, has left the company to "pursue other opportunities". Eric Tapia, the company's Global Controller and Principal Accounting Officer, will temporarily serve as CFO while the company searches for a new CFO. In addition, TuSimple said it has promoted Dr. (More... <https://www.socaltech.com/fullstory/0082617.html>) *Amgen Commits $30M For Virtual Science Education* <https://www.socaltech.com/fullstory/0082619.html> Thousand Oaks-based The Amgen Foundation, the charitable arm of Amgen, said Monday that it has committed $30M to LabXChange, an online science education platform. According to Amgen, it is the founding and lead sponsor of the effort, which it is a collaboration with Harvard's Vice Provost of Advances in Learning. Amgen had previously donated $13M to the effort. ( More... <https://www.socaltech.com/fullstory/0082619.html>) *Helio Health Becomes Helio Genomics* <https://www.socaltech.com/fullstory/0082618.html> Irvine-based *Helio HealthHelio Genomics <https://heliogenomics.com>*. The company said the name change reflects its "commitment to advancing the technology that supports personalized early cancer detection and surveillance in order to save lives." The company is led by CEO Justin Chen Li.(More... <https://www.socaltech.com/fullstory/0082618.html>) *Apply For KPMG's 2nd Annual Global Tech Innovator Competition <https://www.meridianwest.eu.com/jfe/form/SV_bdbdMpeNgxOQUqa>* KPMG's 2nd Annual Global Tech Innovator Competition Requirements to participate: US based tech or a tech-enabled business that has been actively operating for 5 years or less (in current form) Revenue generating between $1-15M; or have raised at least $500k in equity Available to virtually pitch at a regional and national final event (if selected) Available to pitch at the global final at Web Summit in Lisbon, Portugal in November 2022 (if selected) There is no cost! We recognize that innovative technology companies in the U.S. are introducing tech breakthroughs that are transforming businesses and disrupting entire industries. It’s why we’re so excited to be introducing the second annual KPMG Private Enterprise Tech Innovator competition in the U.S. to recognize the fastest‑growing tech innovators across the country. If you know a business that has what it takes to be the next KPMG Private Enterprise Tech Innovator in the U.S.—encourage them to submit an application now. *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 ------------------------------ *Recent Funding <#funding>* 6/16/22 Metropolis Technologies, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103223> Venice $167.00 M 6/14/22 Overair <https://www.socaltech.com/intelligence/?action=showdeal&id=103222> Santa Ana $145.00 M 5/11/22 PrismPop <https://www.socaltech.com/intelligence/?action=showdeal&id=103221> Pasadena $5.00 M 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 ------------------------------ *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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