*socaltech.com <http://socaltech.com> TechNews - Wednesday, May 10, 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 * - EU Expected To Clear Activision/Microsoft Deal Next Week <#0083418> - Rocket Lab Wins NASA Contract <#0083416> - Esri Applies Mapping To Help Address Equity Issues <#0083417> - Charlie Raises $7.5M, Aims At Banking For Retirees <#0083415> - Liquid Instruments Turns To ChatGPT For FPGA Design <#0083414> *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 <#ad797> *Wednesday, May 10, 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 *EU Expected To Clear Activision/Microsoft Deal Next Week* <https://www.socaltech.com/fullstory/0083418.html> A report from Reuters says that the European Union is expected to clear the acquisition of Santa Monica-based Activision by Microsoft for $69 billion. It's unclear what this means for the deal, which was blocked by the UK three weeks ago, with that decision being appealed by Microsoft. (More... <https://www.socaltech.com/fullstory/0083418.html>) *Rocket Lab Wins NASA Contract* <https://www.socaltech.com/fullstory/0083416.html> Long Beach-based *Rocket Lab <https://www.rocketlabusa.com>* has scored a win with NASA, and will launch a multi-CubeSat mission to test "autonomous swarm technologies", according to the firm. Financial details of the win were not announced. According to Rocket Lab, four "Starling" satellites will test spacecraft which are able to "autonomously coordinating their activities to achieve certain goals."(More... <https://www.socaltech.com/fullstory/0083416.html>) *Esri Applies Mapping To Help Address Equity Issues* <https://www.socaltech.com/fullstory/0083417.html> Redlands-based GIS and mapping software developer Esri announced this morning that it is partnering with the Harvard School of Public Policy, the National League of Cities, the National Association of Counties (NACo), and Bloomberg Philanthropies to create a new group called the Chief Equity Officer Network. According to Esri, the new group will "find solutions that make equity strategic and actionable by using geographic information system (GIS) technology as a foundation. (More... <https://www.socaltech.com/fullstory/0083417.html>) *Charlie Raises $7.5M, Aims At Banking For Retirees* <https://www.socaltech.com/fullstory/0083415.html> Los Angeles-based Charlie annoucned this morning that it has raised $7.5M in a venture funding round, and has launched a new, banking service aimed at retirees and soon-to-be-retirees who are older than 62. According to the startup, the venture funding came from Better Tomorrow Ventures, Exapa, Ayokunle Omojola, and Gokul Rajaram. The new startup is led by CEO Kevin Nazemi, who was a co-founder of Oscar Health, and also fouunded Renew Health, a healthcare technology company focused on retirees. (More... <https://www.socaltech.com/fullstory/0083415.html>) *Liquid Instruments Turns To ChatGPT For FPGA Design* <https://www.socaltech.com/fullstory/0083414.html> San Diego-based Liquid Instruments, a developer of software defined test and measurement products, said it is integrating ChatGPT into its Moku family of products. According to the company, the integration of ChatGPT allows scientists and engineers to generate custom field-programmable gate array (FPGA) code that is instantly deployable to the company's devices. The company said the addition of ChatGPT allows for designs without needing any prior knowledge of digital logic design or programming. (More... <https://www.socaltech.com/fullstory/0083414.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 <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. ------------------------------ *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). 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