*socaltech.com <http://socaltech.com> TechNews - Monday, September 26, 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 * - E3 Returning To LA <#0082926> - Sonendo Gets $63M In Private Placement <#0082925> - Tetra Tech Acquires RPS Group <#0082924> - SpaceX Eyes Starlink Deployment On Rural School Buses <#0082923> - RemotePC Adds Linux Support <#0082922> - CerraCap Cares Backs Cuentame For Female Mental Health <#0082921> - Aadi Biosciences Finds $72.5M In Private Placement <#0082920> - SpinLaunch Lands $71M For Satellite Launch System <#0082919> - Theorycraft Games Gets $50M <#0082918> - Starburst Ventures Launches New Early-Stage Investment Fund <#0082916> *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> *Monday, September 26, 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 *E3 Returning To LA* <https://www.socaltech.com/fullstory/0082926.html> In a move that will please both videogame companies in Los Angeles, as well as players and fans, the Entertainment Software Association (ESA) said today that E3 will be returning to Los Angeles in 2023. According to the ESA and event production company ReedPop, the event will run in June of 2023. ReedPop is behind such events as PAX, New York Comic Con, Star Wars Celebration, and other events. (More... <https://www.socaltech.com/fullstory/0082926.html>) *Sonendo Gets $63M In Private Placement* <https://www.socaltech.com/fullstory/0082925.html> Laguna Hills-based Sonendo, the dental technology developer which trades on the NYSE as SONX, said last week that it raised $63M in a private placement. The funding came from Pura Vida Investments, First Light Asset Management, Blue Water Life Science Advisors, ArrowMark Partners, Driehaus Capital Management, and JMR Capital. Sonendo develops the GentleWave System, which treats tooth decay by cleaning and disinfecting teeth. Sonendo had its IPO back in 2021. (More... <https://www.socaltech.com/fullstory/0082925.html>) *Tetra Tech Acquires RPS Group* <https://www.socaltech.com/fullstory/0082924.html> Pasadena-based consulting and engineering services provider *Tetra Tech <https://www.tetratech.om>* announced last week that it has agreed to acquire *RPS Group plc*, a UK-based company providing consulting services. Tetra Tech says it will pay 222 pence per share of RPS Group. Tetra Tech said the acquisition will "significantly expand" its water practice in the United Kingdom.(More... <https://www.socaltech.com/fullstory/0082924.html>) *SpaceX Eyes Starlink Deployment On Rural School Buses* <https://www.socaltech.com/fullstory/0082923.html> Hawthorne, California-based SpaceX is considering deploying its Starlink satellite Internet on rural school buses, to allow students to have high speed connections on lengthy rides from home, according to a report. Engadget said the project came to light via an FCC filing. That filing requests funding for the project from to the Emergency Connectivity Fund, which was part of the American Rescue Plan Act. (More... <https://www.socaltech.com/fullstory/0082923.html>) *RemotePC Adds Linux Support* <https://www.socaltech.com/fullstory/0082922.html> Los Angeles-based remote access service *RemotePC <https://www.remotepc.com>*, which is run by IDrive, says it has added new remote desktop access for Linux to its list of offerings. According to the company, its users can now connect to remote Linux machines from their desktop or from any web browser. The company said its service supports a wide range of machines, including a number of Debian, Ubuntu, RHEL, CentOS, openSUSE, Mint, and Fedora versions.(More... <https://www.socaltech.com/fullstory/0082922.html>) *CerraCap Cares Backs Cuentame For Female Mental Health* <https://www.socaltech.com/fullstory/0082921.html> Costa Mesa-based investment fund CerraCap Cares, which focuses on impact investments, led by women, says it has made an investment in mental health startup Cuentame. Size of the investment was not announced. Cuentame is based in Latin America. According to CerraCap, Cuentame "provides organizations with the right tools to create a highly integrated mentally healthy work environment" and was started in 2019. Regina Athié is Founder and CEO of Cuentame. (More... <https://www.socaltech.com/fullstory/0082921.html>) *Aadi Biosciences Finds $72.5M In Private Placement* <https://www.socaltech.com/fullstory/0082920.html> Los Angeles-based Aadio Biosciences, a public biopharmaceutical company focused on therapy for cancer, said on Thursday that it has raised $72.5M in a private placement equity financing. The company said it agreed to issue and sell an aggregate of 3,373,526 shares of its common stock at a price of $12.50 per share, and pre-funded warrants to purchase up to an aggregate of 2,426,493 shares of Common Stock at a purchase price of $12.4999 per pre-funded warrant share. (More... <https://www.socaltech.com/fullstory/0082920.html>) *SpinLaunch Lands $71M For Satellite Launch System* <https://www.socaltech.com/fullstory/0082919.html> Long Beach-based SpinLaunch, which is developing low cost, satellite launch systems based on mass accelerators, says it has raised $71M in a Series B funding round. According to the company, the funding was led by ATW Partners, and includes Kleiner Perkins, GV, ATMA Capital, ONA Capital, Lauder Partners, McKinley Capital, Tyche Partners, as well as John Doerr, Brook Byers, Asher Delug, Chuck Brady, Andrew Farkas, and Greg McAdoo. ( More... <https://www.socaltech.com/fullstory/0082919.html>) *Theorycraft Games Gets $50M* <https://www.socaltech.com/fullstory/0082918.html> Los Angeles-based Theorycraft Games, an independent game studio, said this morning that it has raised an additional $50M in its Series B funding. The funding was led by Makers Fund and also included NEA and a16z. The company said it will use the funding to continue developing its first game, which it says is a team-based game focused on "adventure, creativity and high-stakes combat". (Funding Details <https://www.socaltech.com/intelligence/?action=showdeal&id=103233>)(More... <https://www.socaltech.com/fullstory/0082918.html>) *Starburst Ventures Launches New Early-Stage Investment Fund* <https://www.socaltech.com/fullstory/0082916.html> El Segundo-based Starburst Ventures, a venture capital fund which invests in aviation, space, and defense, said on Wednesday afternoon that it has launched a new pre-seed and seed fund. Size of the new investment fund was not announced by the firm. The venture capital firm said that the new fund will be led by Foudner and General Partner François Chopard, and also includes Benjamin Zeitoun as Investor, with Jacqueline Tame serving as an advisor. (More... <https://www.socaltech.com/fullstory/0082916.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>* 9/22/22 TheoryCraft Games <https://www.socaltech.com/intelligence/?action=showdeal&id=103233> Los Angeles $50.00 M 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 ------------------------------ *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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