*socaltech.com <http://socaltech.com> TechNews - Thursday, April 27, 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 * - InvestCloud Gets Win In Latin America <#0083391> - Zura Bio Gets $80M In PIPE <#0083390> - Virtualitics Ties Into Snowflake <#0083389> - Liquid Death's Viral Marketing Embraces Blink-182 Enemas <#0083386> - AI Spera Launches OSINT Search Engine <#0083387> - InWith AI Jumps Into Chatbot Fray <#0083388> - Adcentrx Therapeutics Raises $38M <#0083385> - Wellcome Leap, Temasek Trust Put $60M Into Healthcare Effort <#0083384> *Marketplace* - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad796> - Pacific Western Bank, Venture Banking Group <#ad797> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> *Thursday, April 27, 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 *InvestCloud Gets Win In Latin America* <https://www.socaltech.com/fullstory/0083391.html> Los Angeles-based fintech software developer *InvestCloud <https://www.investcloud.com>* reports that it has scored a win in Latin America. According to the company, it will power a new digital app for BUNKER, a US-based fintech software which serves Latin American affluent and high net worth individuals. Financial impact of the win was not announced. InvestCloud said BUNKER "enables clients to invest in the professionally regulated investment markets of the US".(More... <https://www.socaltech.com/fullstory/0083391.html>) *Zura Bio Gets $80M In PIPE* <https://www.socaltech.com/fullstory/0083390.html> San Diego-based biotechnology developer Zura Bio, a publicly traded biotech company focused on developing treatments for immune and inflammatory disorders, says it has received $80M in a financing. The company--which trades on the Nasdaq as ZURA--said the private placement was Deep Track Capital, Great Point Partners, Suvretta Capital, plus an un-named life sciences-focused investment fund, plus other new and existing investors. ( More... <https://www.socaltech.com/fullstory/0083390.html>) *Virtualitics Ties Into Snowflake* <https://www.socaltech.com/fullstory/0083389.html> Pasadena-based artificial intelligence software developer *Virtualitics <https://www.virtualitics.com>* has launched its product on the Snowflake Data Cloud. Snowflake is a provider of cloud computing. According to Virtualitics, the support of Snowflake helps analysts use AI to "identify hidden connections in their data and explore insights in immersive, rich 3D visuals" using data stored in Snowflake. Snowflake provides cloud-based data storage and analytics software.(More... <https://www.socaltech.com/fullstory/0083389.html>) *Liquid Death's Viral Marketing Embraces Blink-182 Enemas* <https://www.socaltech.com/fullstory/0083386.html> Los Angeles-based canned water brand Liquid Death--which has used viral/shock/humor marketing as a part of its branding from day one--has rolled out a "Travis Barker Enema" kit. Barker is drummer for the rock band Blink-182. The kit--currently sold out--had a list price of $182.00, and according to Liquid Death was "not intended as a real medical device". Liquid Death was initially incubated at startup studio Science, Inc. ( More... <https://www.socaltech.com/fullstory/0083386.html>) *AI Spera Launches OSINT Search Engine* <https://www.socaltech.com/fullstory/0083387.html> Torrance-based *AI Spera <https://www.aispera.com>* said on Tuesday that it has launched a new search engine, focused on providing information on IP addresses for detecting cyber threats. According to the company, its new product, Criminal IP, is an "OSINT-based search engine" which collects and analyzes IP addresses from around the world on a daily basis to detect cyber threats.(More... <https://www.socaltech.com/fullstory/0083387.html>) *InWith AI Jumps Into Chatbot Fray* <https://www.socaltech.com/fullstory/0083388.html> Newport Beach-based InWithAI has launched itself into the AI chatbot market, saying on Tuesday that it has launched a "safe and controlled" AI chatbot for individuals and businesses. The company said its tools allow any individual, business or organization to freely set up their own AI chatbot profile and upload the information they want to share or promote publicly via its chatbot. (More... <https://www.socaltech.com/fullstory/0083388.html>) *Adcentrx Therapeutics Raises $38M* <https://www.socaltech.com/fullstory/0083385.html> San Diego-based Adcentrx Therapeutics, a biotech company which is focused on treatments for cancer and other diseases, has raised $38M in a Series A+ funding round. The company said the funding was led by Eight Roads Ventures, and also included F-Prime Capital, ABio-X, Delta Capital, Trinity Innovation Fund, and others. The company was advised by Life Venture Partners and Lighthouse Capital in the deal. (More... <https://www.socaltech.com/fullstory/0083385.html>) *Wellcome Leap, Temasek Trust Put $60M Into Healthcare Effort* <https://www.socaltech.com/fullstory/0083384.html> Los Angeles-based *Wellcome Leap <https://www.wellcomeleap.org>*, plus Singapore's *Temasek Trust* said this morning that they are launching a new $60M program aimed at funding efforts to help increase "health spans". The company said it will help fund "bold, unconventional programs" which focus on "identifying and validating health resilience measures and models, and to develop and test new interventions to improve health outcomes in older people after stress events."(More... <https://www.socaltech.com/fullstory/0083384.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]. *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 *Pacific Western Bank, Venture Banking Group <https://www.pacwest.com>* Pacific Western Bank is a commercial bank with over $41 billion in assets headquartered in Los Angeles, California, with an executive office in Denver, Colorado. Our venture banking team specializes in financial products and services for startups, venture-backed businesses, and their venture capital and private equity investors. We are dedicated to delivering high-touch, tailored solutions, helping innovators take their business to the next level. No matter the size or stage of your business, you can expect guidance, resources and flexibility, making them the perfect team to support your evolving needs. For more information, visit www.pacwest.com, or follow them on LinkedIn and Twitter. *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 ------------------------------ *Recent Funding <#funding>* 4/13/23 Altruist <https://www.socaltech.com/intelligence/?action=showdeal&id=110844> Culver City $112.00 M 2/10/23 Fabric8Labs <https://www.socaltech.com/intelligence/?action=showdeal&id=110604> San Diego $50.00 M 1/31/23 Saviynt <https://www.socaltech.com/intelligence/?action=showdeal&id=110563> El Segundo $205.00 M 1/23/23 ADARx Pharmaceuticals, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=110494> San Diego $46.10 M 1/19/23 PLAI Labs <https://www.socaltech.com/intelligence/?action=showdeal&id=103242> Culver City $32.00 M 1/19/23 Oro Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103241> Los Angeles $13.00 M 1/19/23 ContractSafe <https://www.socaltech.com/intelligence/?action=showdeal&id=103240> Malibu $27.50 M 1/17/23 Sensible Weather <https://www.socaltech.com/intelligence/?action=showdeal&id=103239> Santa Monica $0.00 M 1/10/23 CRISPR QC <https://www.socaltech.com/intelligence/?action=showdeal&id=103238> San Diego $1.60 M 1/10/23 Cari Health <https://www.socaltech.com/intelligence/?action=showdeal&id=103237> San Diego $3.20 M 1/09/23 PBS Biotech <https://www.socaltech.com/intelligence/?action=showdeal&id=103236> Camarillo $22.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html ------------------------------ ------------------------------ ------------------------------ *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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