*socaltech.com <http://socaltech.com> TechNews - Monday, October 10, 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 * - Rivian Recalls Nearly 13,000 Cars Over Loose Bolt <#0082960> - Stellar Pizza Snags $16.5M For Robotic Pizza Trucks <#0082959> - Edison Energy Buys Alfa Energy <#0082958> - Xperi Spins Out As Independent Company <#0082957> - 8BitCADE Aims At STEM Education <#0082955> - Amazon Backs Share Ventures, Techstars To Open VC Access <#0082954> *Marketplace* - Accelerating Growth For Early Stage Innovation. <#ad764> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> - Stradling <#ad608> *Monday, October 10, 2022* *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. *Rivian Recalls Nearly 13,000 Cars Over Loose Bolt* <https://www.socaltech.com/fullstory/0082960.html> Rivian, the electric car maker which has significant operations in Irvine, recalled nearly 13,000 cars this weekend as a result of a loose bolt in the firm's vehicles, which could result in a rough ride or steering problems. The recall notice said potentially 12,212 vehicles in its 2022 R1T and R1S vehicles may have issues with improperly tightened bolts. Rivian says the recall was necessary to properly fasten the steering knuckle fasteners in those vehicles. (More... <https://www.socaltech.com/fullstory/0082960.html>) *Stellar Pizza Snags $16.5M For Robotic Pizza Trucks* <https://www.socaltech.com/fullstory/0082959.html> Los Angeles-based *Stellar Pizza <https://www.eatstellarpizza.com>*, which is developing robotic, pizza delivery trucks--currently being tested at UCLA--has raised $16.5M in a funding round, the company said last week. The funding was led by Marcy Venture Partners, the venture capital firm founded by Jay-Z, and also included Savage x Fenty, the clothing brand run by Rihanna. Stellar Pizza was founded by three former SpaceX engineers, and is led by CEO Benson Tsai.(More... <https://www.socaltech.com/fullstory/0082959.html>) *Edison Energy Buys Alfa Energy* <https://www.socaltech.com/fullstory/0082958.html> Irvine-based *Edison Energy <https://www.edisonenergy.com>*, which provides energy and sustainable advisory services, said today that it has acquired *Alfa Energy Ltd.*. Financial details of the acquisition were not announced. Edison Energy said the deal will expand its geographic footprint to 22 European countries. The two serve large and middle-market corporate, industrial, and institutional clients.(More... <https://www.socaltech.com/fullstory/0082958.html>) *Xperi Spins Out As Independent Company* <https://www.socaltech.com/fullstory/0082957.html> Xperi, the parent company of Calabasas-based audio processing software and hardware developer DTS, has spun out as a new independent, public company. Xperi said it is now trading on the New York Stock Exchange as XPER. The new company is being led by Ceo Jon Kirchener. The new company owns the TiVo, DTS, IMAX Enhaned, and HD Radio brands. Xperi said its predecessor company is now known as Adeia. (More... <https://www.socaltech.com/fullstory/0082957.html>) *8BitCADE Aims At STEM Education* <https://www.socaltech.com/fullstory/0082955.html> Los Angeles-based *8BitCADE <https://www.8bitade.com>*, a developer of a "DIY" game console that plays retro games--says it its game console is aimed at teaching teenagers STEM. The company--which offers up its game kit for $89.99--says its kit aids students in utilizing STEM skill sets. The company's kit requires learning soldering skills.(More... <https://www.socaltech.com/fullstory/0082955.html> ) *Amazon Backs Share Ventures, Techstars To Open VC Access* <https://www.socaltech.com/fullstory/0082954.html> Amazon, which has significant operations in the Los Angeles area, is putting some capital to work in at least two, Los Angeles area venture capital investors, as part of a new fund to back underrepresented entrepreneurs. Amazon said this week that it will invest $150M in venture fund that provide underrepresented entrepreneurs access to capital. (More... <https://www.socaltech.com/fullstory/0082954.html>) *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 *Pixelgate.net - Internet Access, Web Hosting, Network Services <http://www.pixelgate.net>* We put the "Service" back into Internet Service Provider. http://www.pixelgate.net *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). 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