*socaltech.com <http://socaltech.com> TechNews - Thursday, September 8, 2022* Edited by Benjamin F. Kuo ISSN: 1524-6736 http://www.socaltech.com/News <https://www.socaltech.com/News> ------------------------------
*Sponsored By * 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 * - Mercedes-Benz, Rivian Team On Electric Van Production <#0082880> - Trailblazer Venture Studio, Backed By LA Dodgers, Launches Accelerator <#0082877> - Google Boosts Two LA Venture Capital Firms <#0082878> - Smooth Podcasting Acquires Outcomes Rocket <#0082879> - Sensate Finds $1M In Crowdfunding <#0082876> - Kim Kardashian Launches LA's Newest Celebrity Driven Investment Firm <#0082874> *Marketplace* - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pacific Western Bank, Venture Banking Group <#ad749> - Stradling <#ad608> *Thursday, September 8, 2022* *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 *Mercedes-Benz, Rivian Team On Electric Van Production* <https://www.socaltech.com/fullstory/0082880.html> Mercedes-Benz and Rivian are in a Memorandum of Understanding (MOU) to work together on production of Rivian's vans, Mercedes-Benz said this morning. According to Mercedes-Benz, the planned joint venture will produce bespoke large electric vans for Mercedes‑Benz and for Rivian. According to Mercedes-Benz, the companies will look to leverage shared investments, shared costs and will pursue "operational synergies" to rapidly scale electric van production. (More... <https://www.socaltech.com/fullstory/0082880.html>) *Trailblazer Venture Studio, Backed By LA Dodgers, Launches Accelerator* <https://www.socaltech.com/fullstory/0082877.html> The Trailblazer Venture Studio, a new startup studio/accelerator backed by the Los Angeles Dodgers, R/GA Ventures, Billie Jean King Enterprises, and Elysian Park Ventures, says it has launched a new "venture studio" focused on women and sports. (More... <https://www.socaltech.com/fullstory/0082877.html>) *Google Boosts Two LA Venture Capital Firms* <https://www.socaltech.com/fullstory/0082878.html> Google said today that it has backed two, Los Angeles area venture capital firms, as part of a bigger effort to invest in Black-led venture capital firms. According to Google, it has made investments in seven, Black-led venture capital firms, including two Los Angeles venture investors--Collide Capital and Share Ventures. (More... <https://www.socaltech.com/fullstory/0082878.html>) *Smooth Podcasting Acquires Outcomes Rocket* <https://www.socaltech.com/fullstory/0082879.html> San Diego-based *Outcomes Rocket <https://www.outcomesrocket.health>*, a podcasting company which focuses on healthcare content, said earlier this week that it has been acquired by *Smooth Podcasting*. Financial details of the acquisition were not announced. According to the companies, the move will expand Smooth Podcasting's healthcare podcast network and audience reach.(More... <https://www.socaltech.com/fullstory/0082879.html>) *Sensate Finds $1M In Crowdfunding* <https://www.socaltech.com/fullstory/0082876.html> Los Angeles-based *Sensate <https://www.getsensate.com/>*, a startup which says it is building a "relaxation device", says it has raised more than $1M via a crowdfunding effort on Wedfunder. The company says it has developed "infrasonic therapy to help the body's nervous system recover from daily stresses". The company's CEO is Anna Gudmundson, and the company says it also has raised traditional venture capital from TenOneTen, Unlock Venture Partners, and Expert Dojo.(More... <https://www.socaltech.com/fullstory/0082876.html>) *Kim Kardashian Launches LA's Newest Celebrity Driven Investment Firm* <https://www.socaltech.com/fullstory/0082874.html> In the long tradition of Los Angeles area celebrities launching themselves into venture capital and private equity, Kim Kardashian has launched a new, private equity firm, alongside a private equity investor, Jay Sammons. According to the new private equity firm, SKKY Partners, it will invest in "large scale consumer and media businesses", leveraging "Kardashian's global reach and unrivaled social influence". (More... <https://www.socaltech.com/fullstory/0082874.html>) *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 *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. ------------------------------ *Recent Funding <#funding>* 9/06/22 Bitwarden <https://www.socaltech.com/intelligence/?action=showdeal&id=103231> Santa Barbara $100.00 M 8/23/22 Chamberlain Coffee <https://www.socaltech.com/intelligence/?action=showdeal&id=103230> Beverly Hills $7.00 M 8/17/22 GrayMatter Robotics <https://www.socaltech.com/intelligence/?action=showdeal&id=103229> Los Angeles $20.00 M 8/10/22 Maximus <https://www.socaltech.com/intelligence/?action=showdeal&id=103228> Santa Monica $15.00 M 8/05/22 Everytable <https://www.socaltech.com/intelligence/?action=showdeal&id=103227> Los Angeles $55.00 M 8/04/22 Bounty App <https://www.socaltech.com/intelligence/?action=showdeal&id=103226> Los Angeles $5.00 M 7/19/22 FairPlay <https://www.socaltech.com/intelligence/?action=showdeal&id=103225> Los Angeles $10.00 M 6/30/22 Regard <https://www.socaltech.com/intelligence/?action=showdeal&id=103224> Los Angeles $15.30 M 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 ------------------------------ *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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