*socaltech.com <http://socaltech.com> TechNews - Friday, September 16, 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 * - Rocket Lab Launches 30th Mission <#0082902> - Rocket Lab Launches 30th Mission <#0082901> - Renova Energy Gets Investment From SunPower <#0082900> - Activision Acquisition By Microsoft To Get UK Scrutiny <#0082899> - Snapchat Rolls Out Web Version To All <#0082898> - DroneBase Adds Solar Power Plant Assessment <#0082897> - FaZe Clan Partners With The Sandbox <#0082896> - Morpheus Space Finds $28M In Series A <#0082895> *Marketplace* - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Accelerating Growth For Early Stage Innovation. <#ad764> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Stradling <#ad608> *Friday, September 16, 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]. *Rocket Lab Launches 30th Mission* <https://www.socaltech.com/fullstory/0082902.html> Long Beach-based Rocket Lab successfully launched its 30th mission, and delivered its 150th satellite to space on Thursday. The company's latest mission, "The Owl Spreads Its Wings", was a dedicated mission for Synspective, a Japanese company developing Earth observation satelites. The company said it successfully launched one of its Electron rockets at 20:38 UTC, September 15, 2022, deploying a single spacecraft, the StriX-1 satellite, to a 563km circular Earth orbit. (More... <https://www.socaltech.com/fullstory/0082902.html>) *Rocket Lab Launches 30th Mission* <https://www.socaltech.com/fullstory/0082901.html> Long Beach-based Rocket Lab successfully launched its 30th mission, and delivered its 150th satellite to space on Thursday. The company's latest mission, "The Owl Spreads Its Wings", was a dedicated mission for Synspective, a Japanese company developing Earth observation satelites. The company said it successfully launched one of its Electron rockets at 20:38 UTC, September 15, 2022, deploying a single spacecraft, the StriX-1 satellite, to a 563km circular Earth orbit. (More... <https://www.socaltech.com/fullstory/0082901.html>) *Renova Energy Gets Investment From SunPower* <https://www.socaltech.com/fullstory/0082900.html> Coachella Valley-based Renova Energy, a regional solar power installer with over 300 employees, has received a minority investment from solar panel manufacturer SunPower. Size of the investment was not disclosed. The funding was announced by SunPower, which said the funding is part of its Dealer Accelerator Program. SunPower also made an investmnt in another solar power installer, EmPower Solar, which is based in New York. (More... <https://www.socaltech.com/fullstory/0082900.html>) *Activision Acquisition By Microsoft To Get UK Scrutiny* <https://www.socaltech.com/fullstory/0082899.html> Any hopes of seeing a rapid acquisition of Santa Monica-based game publisher Activision by Microsoft may have gone out the door today. The United Kingdom says that it is launching an investigation into the merger, saying that the merger "may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom". The investigation may significantly delay the merger, in addition to requiring some concessions on Microsoft's part to ease regular concerns. ( More... <https://www.socaltech.com/fullstory/0082899.html>) *Snapchat Rolls Out Web Version To All* <https://www.socaltech.com/fullstory/0082898.html> Venice, California-based Snap, the parent company of Snapchat, said today that it has rolled out the web-based version of it service to everyone. The availability was announced along with a number of other features. Snapchat's web version is more limited than its apps, but does allow users to get the basic functionality of the social networking service. (More... <https://www.socaltech.com/fullstory/0082898.html>) *DroneBase Adds Solar Power Plant Assessment* <https://www.socaltech.com/fullstory/0082897.html> Santa Monica-based DroneBase, a provider of aerial imaging, says it is launching a specific product that rates the status of solar plant assets. According to the company, it has rolled out a new "Solar Scan" system which provides a three-letter asset rating system to solar assets. The company said that its surveys use aerial photography and thermal scans to provide a three-letter asset rating to solar site condition, by assessing power loss, module condition and cell temperature. (More... <https://www.socaltech.com/fullstory/0082897.html>) *FaZe Clan Partners With The Sandbox* <https://www.socaltech.com/fullstory/0082896.html> Los Angeles-based e-sports brand *FaZe Clan <http://fazeclan.com>* said this morning it is in a strategic partnership with *The Sandbox*, a decentralized gaming irtual world, which is owned by Animoca Brands. FaZe Clan said the partnership revolves around a 12 x 12 plot of LAND named "FaZe World", a virtual land encompassing the lifestyle and culture of FaZe Clan. Financial details of the partnership were not announced.(More... <https://www.socaltech.com/fullstory/0082896.html>) *Morpheus Space Finds $28M In Series A* <https://www.socaltech.com/fullstory/0082895.html> Los Angeles-based Morpheus Space, which is developing space propulsion technology, says it has raised $28M in a Series A funding round. The funding was led by Alpine Space Ventures, and also included Morpheus Ventures, Vsquared Ventures, Lavrock Ventures, Airbus Ventures, In-Q-Tel, Pallas Ventures, and Techstars Ventures. The company said the new funding will towards a manufacturing and a factory in Dresden, Germany. Morpheus Space is led by CEO and co-founder Daniel Bock. (More... <https://www.socaltech.com/fullstory/0082895.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]. *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 *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>* 9/09/22 Arena Club <https://www.socaltech.com/intelligence/?action=showdeal&id=103232> Los Angeles $9.00 M 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 ------------------------------ *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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