*socaltech.com <http://socaltech.com> TechNews - Friday, June 9, 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 * - Mosaic Adds $26M For AI Finance <#0083477> - Curri Slurps Up $42M <#0083476> - Flume Gets Private Equity Backing <#0083475> - Kate Therapeutics Raises $51M <#0083474> - Demand.io's SimplyCodes Plugs Into ChatGPT <#0083473> - Rently Aims At Student Housing <#0083472> - AHARA Picks Up $10.25M For Nutritional Recommendations <#0083471> - LA's Mira, Maker of AR Headsets, Acquired By Apple <#0083470> *Marketplace* - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad796> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> *Friday, June 9, 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 *Mosaic Adds $26M For AI Finance* <https://www.socaltech.com/fullstory/0083477.html> San Diego-based *Mosaic <https://mosaic.tech>*, a company that is developing predictive artificial intelligence (AI) software for the financial planning industry, has raised $26M in a Series C funding round. The company said the funding was led by OMERS Ventures, and also included prior investors Founders Fund, General Catalyst, and Friends and Family Capital. Mosaic claims it is using AI to automate "tedious manual tasks".( More... <https://www.socaltech.com/fullstory/0083477.html>) *Curri Slurps Up $42M* <https://www.socaltech.com/fullstory/0083476.html> Los Angeles-based Curri, which provides industrial supply chain logistics, said this week that it has raised $42M in a Series B funding round. The funding was led by Bessemer Venture Partners, and also included Initialized Capital, Brick & Mortar Ventures, Rainfall Ventures, and others. Curri was co-founded by Matthew Lafferty and Brian Gonzalez. (More... <https://www.socaltech.com/fullstory/0083476.html>) *Flume Gets Private Equity Backing* <https://www.socaltech.com/fullstory/0083475.html> San Luis Obispo-based Flume has received a private equity investment from San Diego-based HCAP Partners, HCAP said on Thursday. Flume is a maker of smart water meter monitoring devices, which are used to measure how much water is being used by a household, and have are being widely used by water agencies to help encourage water conservation. Financial details of the investment were not announced. (More... <https://www.socaltech.com/fullstory/0083475.html>) *Kate Therapeutics Raises $51M* <https://www.socaltech.com/fullstory/0083474.html> San Diego-based Kate Therapeutics has raised $51M in a Series A funding round, the company announced this morning. The funding was co-led by Westlake Village BioPartners and Versant Ventures. According to the company, it is working on next generation genetic medicines for muscle and heart disease. The company is initially looking at addressing myotonic dystrophy type 1 and facioscapulohumeral muscular dystrophy. The funding also included Osage University Partners and UF Innovate | Ventures. (More... <https://www.socaltech.com/fullstory/0083474.html>) *Demand.io's SimplyCodes Plugs Into ChatGPT* <https://www.socaltech.com/fullstory/0083473.html> Los Angeles-based coupon site SimplyCodes--which is run by LA startup accelerator Demand.io, says it has launched a new ChatGPT artificial intelligence (AI) plugin. According to the company, the new platform uses ChatGPT to provide real time discount and shopping assistance. Users can use ChatGPT to find discounts and coupons at over 300,000 U.S. retailers. Demand. (More... <https://www.socaltech.com/fullstory/0083473.html>) *Rently Aims At Student Housing* <https://www.socaltech.com/fullstory/0083472.html> Los Angeles- and Camarillo-based *Rently <https://www.rently.com>* says it is targeting student housing with a new product, which combines smart locks, smart thermostats, water leak sensors and access control for student housing units. The company said its new "secure, multifunctional property technology platform" is specifically aimed at student housing operators. Pricing on the new product was not announced.(More... <https://www.socaltech.com/fullstory/0083472.html>) *AHARA Picks Up $10.25M For Nutritional Recommendations* <https://www.socaltech.com/fullstory/0083471.html> Los Angeles-based AHARA, a new startup focused on providing personalized nutrition suggestions, has raised $10.25M in a seed funding round. The funding was led by Greycroft, and also included Headline, SHAKTI, Sandy Sholl, Dr. Samuel Jampolis and the company's co-founders. The company was co-founded by Julie Wainwright and Dr. Melina Jampolis. The company says it uses an AI-enabled algorithm to identify an individual's "key nutrients" and offers up "ultra-personalized nutrition recommendations". (More... <https://www.socaltech.com/fullstory/0083471.html>) *LA's Mira, Maker of AR Headsets, Acquired By Apple* <https://www.socaltech.com/fullstory/0083470.html> Los Angeles-based Mira, a developer of augmented reality headsets, has been acquired by Apple, according to reports. Financial details were not announced. The acquisition--announced on the CEO's private Instagram account--comes a day after Apple unveiled a new, mixed reality headset called the Vision Pro. Mira had raised around $17M in funding; it's unclear how much Apple paid for Mira, or if its headset technology was incorporated into Apple's new product. (More... <https://www.socaltech.com/fullstory/0083470.html>) *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 *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 ------------------------------ *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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