*socaltech.com <http://socaltech.com> TechNews - Tuesday, June 20, 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 * - Report: Amazon Insists Striking Drivers, Dispatchers Not Employees <#0083499> - TuSimple Runs Driverless Test In China <#0083498> - BrainTrust Aims $25M Fund At Black Beauty, Wellness Startups <#0083496> - Rivian Signs Tesla Charger Deal <#0083495> - SteadyMD Adds GoodRx Exec To Board <#0083497> - Attom Launches New Product <#0083500> - Teamsters Say Amazon Drivers, Dispatchers On Strike In Palmdale <#0083494> - Invoca Adds Generative AI Features <#0083493> - TrueCar Axes 102 Employees, Gets New CEO <#0083492> *Marketplace* - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad796> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> *Tuesday, June 20, 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 *Report: Amazon Insists Striking Drivers, Dispatchers Not Employees* <https://www.socaltech.com/fullstory/0083499.html> *Amazon <https://www.amazon.com>* insists striking drivers and dispatchers who deliver products for the company in Palmdale don't really work for Amazon, but just deliver products for Amazon. 84 striking workers walked out on Thursday, saying the need better pay and improved safety conditions, after organizing with the Teamsters.(More... <https://www.socaltech.com/fullstory/0083499.html>) *TuSimple Runs Driverless Test In China* <https://www.socaltech.com/fullstory/0083498.html> San Diego-based TuSimple, the troubled self-driving company which recently made some drastic cuts to its staff, has run another test of its self-driving vehicles--without any backup driver in the cab. In a video released by the company, TuSimple showed off what it says was the first test of an automonous semi-truck on public roads, without a human in the vehicle and without human intervention. (More... <https://www.socaltech.com/fullstory/0083498.html>) *BrainTrust Aims $25M Fund At Black Beauty, Wellness Startups* <https://www.socaltech.com/fullstory/0083496.html> Los Angeles-based BrainTrust Founders Studio said on Monday that it has launched a new, $25M venture capital fund, the BrainTrust Fund, which it will invest in early stage beauty and wellness brands created by Black founders. According to the firm, the fund will invest in early stage companies which are identified by its "BrainTrust Founders Studio". The new venture fund's General Partners are Kendra Bracken-Ferguson and Lisa Stone. (More... <https://www.socaltech.com/fullstory/0083496.html>) *Rivian Signs Tesla Charger Deal* <https://www.socaltech.com/fullstory/0083495.html> Irvine-based Rivian announced a deal this morning, where the company's vehicles will have access to more than 12,000 Tesla Superchargers across the US and Canada, starting in 2024. According to Rivian, its R1T and R1S vehicles will be able to access Tesla's network with the use of a soon to be released adapter, which it expects to make available as early as Spring of 2024. (More... <https://www.socaltech.com/fullstory/0083495.html>) *SteadyMD Adds GoodRx Exec To Board* <https://www.socaltech.com/fullstory/0083497.html> Los Angeles-based telehealth infrastructure provider *SteadyMD <https://www.steadymd.com>* says that it has added a new member to its board. According to the company, it has added Andrew Slutsky, Senior Vice President of Strategic Marketing Innovation at GoodRx, to its board. SteadyMD is led by co-founder and CEO Guy Friedman.(More... <https://www.socaltech.com/fullstory/0083497.html>) *Attom Launches New Product* <https://www.socaltech.com/fullstory/0083500.html> Irvine-based real estate data provider *ATTOM <https://www.attomdata.com>* says that it has launched a new product, Neighborhood Navigator 3.0, which it says provides "comprehensive" information on community, school, local amenities, and home values across the United States. The company offers up the product to real estate, media, financial, technology companies, as well as real estate professionals.(More... <https://www.socaltech.com/fullstory/0083500.html>) *Teamsters Say Amazon Drivers, Dispatchers On Strike In Palmdale* <https://www.socaltech.com/fullstory/0083494.html> Amazon delivery drivers and dispatchers appear to have gone on strike at an Amazon site in Palmdale, California, according to a local union. The International Brotherhood of Teamsters said they have walked out in an attempt to force Amazon to bargain over what it calls "unfair labor practices", in particularly "low pay and dangerous working conditions. ( More... <https://www.socaltech.com/fullstory/0083494.html>) *Invoca Adds Generative AI Features* <https://www.socaltech.com/fullstory/0083493.html> Santa Barbara-based *Invoca <https://www.invoca.com>* says that the company has adopted new, generative AI (artificial intelligence) features to its products. According to the company, it is using a combination of generative AI, large language models (LLMs), voice biometrics,patented machine-learning technologies to "help consumer brands acquire more customers and drive revenue growth."(More... <https://www.socaltech.com/fullstory/0083493.html>) *TrueCar Axes 102 Employees, Gets New CEO* <https://www.socaltech.com/fullstory/0083492.html> Los Angeles-based online car buying site TrueCar has laid off 102 of its employees, and named a new CEO, the company said on Wednesday. The cuts represent about 24 percent of the company's staff. According to the company, it is replacing President and CEO Michael Darrow with Jantoon Reigersman, who previously was serving as Chief Operating Officer and Chief Financial Officer at TrueCar. TrueCar said the restructuring "better aligns our cost structure with our revenue base". (More... <https://www.socaltech.com/fullstory/0083492.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 *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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