*socaltech.com <http://socaltech.com> TechNews - Wednesday, January 4, 2023* 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 * - Impulse Space Plans Orbital Mission <#0083104> - Teledyne Acquires ChartWorld <#0083103> - Faraday Future Swizzles Board <#0083102> - indie Semiconductor Ties With Seeing Machines <#0083101> - VideoAmp Wins Warner Bros. Discovery <#0083100> - Blacksmith Medicines Merges With Forge Therapeutics <#0083099> - TuSimple Axes 25 Percent Of Staff <#0083098> *Marketplace* - Network Thinking Solutions - DevOps and Managed Services <#ad774> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Pacific Western Bank, Venture Banking Group <#ad749> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad188> *Wednesday, January 4, 2023* *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 *Impulse Space Plans Orbital Mission* <https://www.socaltech.com/fullstory/0083104.html> El Segundo-based space startup Impulse Space says it is planning its first mission, a demonstration of its "orbital service vehicle", which it has named "Mira". According to the company, it is planning a demonstration mission to performan in-space services, including last-mile orbital payload delivery, payload hosting, very low altitude maneuvers and controlled atmospheric re-entry. The company said it has booked a launch slot on a SpaceX Falcon 9 around Q4 of 2023. (More... <https://www.socaltech.com/fullstory/0083104.html>) *Teledyne Acquires ChartWorld* <https://www.socaltech.com/fullstory/0083103.html> Thousand Oaks-based *Teledyne Technologies <https://www.teledyne.com>* said on Tuesday that it has acquired *ChartWorld International*. Financial terms of the deal were not announced. ChartWorld is based in Headquarters, and develops digital marine navigation hardware and software. The company also has lactions in Hamburg, Singapore, Vancouver and Tokyo.(More... <https://www.socaltech.com/fullstory/0083103.html>) *Faraday Future Swizzles Board* <https://www.socaltech.com/fullstory/0083102.html> Los Angeles-based electric vehicle maker Faraday Future said over the holidays that it has appointed two new directors to the company's board. According to Faraday Future, it has appointed Xuefeng (“XF”) Chen and Ke Sun to the company's board, as a result of the resignation of two directors, Dr. Carsten Breitfeld and Mr. Edwin Goh. Interestingly enough, in the announcement, Faraday Future thanked Goh for his service on the board -- but not Breitfeld. Ms. (More... <https://www.socaltech.com/fullstory/0083102.html>) *indie Semiconductor Ties With Seeing Machines* <https://www.socaltech.com/fullstory/0083101.html> Aliso Viejo-based indie Semiconductor, which develops chips for the automotive industry, said it has entered into a strategic partnership with >Seeing Machines. Seeing Machines is a developer of computer vision processors. The companies said the partnership involves deploying Seeing Machines technology into indie's vision sensing system-on-chips (SoCs). Financial dtails of the partnership were not announced. (More... <https://www.socaltech.com/fullstory/0083101.html>) *VideoAmp Wins Warner Bros. Discovery* <https://www.socaltech.com/fullstory/0083100.html> Santa Monica-based VideoAmp, which develops advertising measurement software, said this morning that it has inked a deal with Warner Bros. Discovery. According to VideoAmp, it will measure cross-screen campaigns for Warner Bros. Discovery. Financial impact of the win was not announced. VideoAmp is led by CEO and Founder Ross McCray. The company is backed by The Spruce House Partnership, D1 Capital Partners, Tiger Global, EPIQ Capital Group and Ankona Capital Partners. (More... <https://www.socaltech.com/fullstory/0083100.html>) *Blacksmith Medicines Merges With Forge Therapeutics* <https://www.socaltech.com/fullstory/0083099.html> San Diego-based Blacksmith Medicines and Forge Therapeutics said Monday that the two companies are in a definitive merger agreement. Financial details of the merger were not announced. According to the two, they will focus on the development of medicines targeting a large class of proteins called metalloenzymes, with initial focus on oncology and infection. Blacksmith Medicines says it is backed by Evotec A.G. (More... <https://www.socaltech.com/fullstory/0083099.html>) *TuSimple Axes 25 Percent Of Staff* <https://www.socaltech.com/fullstory/0083098.html> San Diego-based self-driving truck technology developer TuSimple confirmed on Wednesday that the company is cutting 25 percent of its workforce, or approximately 350 people, as part of a restructuring effort at the company. The move comes as the company ended its deal with Navistar to build autonomous semis, a management shakeup, and other issues at the company. The company said it will have approximately 1,100 employees after the cuts. (More... <https://www.socaltech.com/fullstory/0083098.html>) *Network Thinking Solutions - DevOps and Managed Services <http://www.networkthinking.com>* Network Thinking Solutions provides DevOps and Managed Services for Los Angeles, Ventura and Santa Barbara counties. NTS helps development teams implement, manage and monitor CI/CD, Load Balancing, Docker and Auto Scaling technologies. NTS also provides Desktop Managed Services for your business team which includes Antivirus, Threat Protection, Ransomware Detection and Zero Trust Policies. Please reach us at [email protected] to start a conversation or visit our website https://networkthinking.com/devops/ *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]. *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]. *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 ------------------------------ *Recent Funding <#funding>* 12/07/22 Drata Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103235> San Marcos $200.00 M 10/21/22 Kudos Technologies <https://www.socaltech.com/intelligence/?action=showdeal&id=103234> Woodland Hills $7.00 M 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 ------------------------------ *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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