*socaltech.com <http://socaltech.com> TechNews - Monday, September 19, 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 * - Beyond Meat COO Reportedly Arrested Over Biting Incident <#0082906> - Spotter Claims $600M In YouTube Investments <#0082905> - Viasat, Inmarsat Get Merger Nod From UK <#0082903> - Banc of California Acquires Deepstack Technologies <#0082904> - Avantus Claims 50 Gigawatt Pipeline <#0082902> - Rocket Lab Launches 30th Mission <#0082901> - Renova Energy Gets Investment From SunPower <#0082900> *Marketplace* - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Accelerating Growth For Early Stage Innovation. <#ad764> - Pacific Western Bank, Venture Banking Group <#ad749> - Stradling <#ad608> *Monday, September 19, 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 *Beyond Meat COO Reportedly Arrested Over Biting Incident* <https://www.socaltech.com/fullstory/0082906.html> The Chief Operating Officer (COO) of El Segundo, California-based Beyond Meat has reportedly been arrested for biting a man's nose, according to Arkansas news reports. Doug Ramsey, was appointed COO of Beyond Meat in December of 2021, and previously had been an executive at Tyson Foods. ( More... <https://www.socaltech.com/fullstory/0082906.html>) *Spotter Claims $600M In YouTube Investments* <https://www.socaltech.com/fullstory/0082905.html> Los Angeles-based Spotter, a company which provides cash payouts to YouTube creators for rights to existing and future content, claims it has deployed $600M in capital to YouTube creators. The company says it pays cash to creators for their catalogs, through licensing their existing videos or future video uploads, allowing those creators to spend, invest, or spend those funds any way they wish; the company said its payments are not a loan and it does not take equity for those payments. (More... <https://www.socaltech.com/fullstory/0082905.html>) *Viasat, Inmarsat Get Merger Nod From UK* <https://www.socaltech.com/fullstory/0082903.html> Carlsbad-based satellite communications company *Viasat <https://www.viasat.com>*, and fellow satellite communications company *Inmarsat* said Friday that the two companies have gotten approval of their proposed combination of businesses from the UK Government, under that country's National Security & Investment Act. The approval is one of the hurdles along the way to the completion of the $7.3 billion merger announced by the two companies in November of 2021.(More... <https://www.socaltech.com/fullstory/0082903.html>) *Banc of California Acquires Deepstack Technologies* <https://www.socaltech.com/fullstory/0082904.html> Santa Ana-based Banc of California said late last week that it has acquired Deepstack Technologies, a developer of software for merchant processing, payments acceptance and disbursement, virtual accounts, chargeback management, and more. The company said it paid $24M in cash for Deepstack Technologies, which is headquartered in Jupiter, Florida, and with a team in Southern California. (More... <https://www.socaltech.com/fullstory/0082904.html>) *Avantus Claims 50 Gigawatt Pipeline* <https://www.socaltech.com/fullstory/0082902.html> Los Angeles- and San Francisco-based clean energy developer Avantus (formerly known as 8minute), says it now has 50 gigawatts of clean energy projects in its pipeline, worth $70 billion. According to the company, that pipeline includes 42 GW of solar and 78 GWh of energy storage, which is enough power to provide power for 30 million people. Avantus says that pipeline is split over more than 90, utility-scale projects through California, Texas, and the Southwest. (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>) *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 *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]. *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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