*socaltech.com <http://socaltech.com> TechNews - Wednesday, September 6, 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 * - Revive Launches AI Tool For Real Estate Professionals <#0083617> - Interlink Electronics Gets $175K In SBIR Award For Wildfire Smoke Sensors <#0083616> - System1 Gets Acquisition Offer For Total Security <#0083615> - Illumina Names CEO <#0083613> - Transphorm Gets Design Win In PV Microinverter <#0083614> - Ocean Life Network Launches New Content Network <#0083611> *Marketplace* - Accelerating Growth For Early Stage Innovation. <#ad764> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> *Wednesday, September 6, 2023* *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]. *Revive Launches AI Tool For Real Estate Professionals* <https://www.socaltech.com/fullstory/0083617.html> Irvine-based *Revive <https://www.revive.realestate/>* said this morning that it has launched a new, AI-powered tool aimed at real estate professionals. According to the company, its new software--"Revive Vision AI"--analyzes property photos to assess a property's current value and renovation potential. The startup is led by CEO Michael Alladawi, with co-founder and COO Dalip Jaggi. The company is placing people onto a waitlist to access the tool.(More... <https://www.socaltech.com/fullstory/0083617.html>) *Interlink Electronics Gets $175K In SBIR Award For Wildfire Smoke Sensors* <https://www.socaltech.com/fullstory/0083616.html> Irvine-based Interlink Electronics says it has received a $175,000, SBIR award from the National Oceanic and Atmospheric Administration (NOAA), to go towards development of advanced, wildfire smoke sensors. The company said the effort is aimed at the development of low-cost, low-power sensor nodes for monitoring air quality impacted by wildfire smoke. Interlink Electronics said that the number and severity of wildfires have been increasing substantially as a result of climate change. (More... <https://www.socaltech.com/fullstory/0083616.html>) *System1 Gets Acquisition Offer For Total Security* <https://www.socaltech.com/fullstory/0083615.html> Los Angeles-based customer acquisition marketing provider System1 said this morning that it has received an "indication of interest" from Just Develop It Limited, to acquire Total Security Limited. According to System1, Just Develop It has offered up $240M in cash, the assumption of certain potential earnout payments in respect of Total Security and the delivery of approximately 29 million System1 shares held by Just Develop It and related persons. (More... <https://www.socaltech.com/fullstory/0083615.html>) *Illumina Names CEO* <https://www.socaltech.com/fullstory/0083613.html> San Diego-based DNA sequencing equipment giant Illumina says it has named Jacob Thaysen, Ph.D., as its new CEO. Thaysen was previously senior vice president of Agilent Technologies and president of its Life Sciences and Applied Markets Group. Illumina said the Agilient division he was running had revenues of approximately $4 billion. Illumina said that Thaysen will also join the company's board, and will move to San Diego from Northern California to take the position. (More... <https://www.socaltech.com/fullstory/0083613.html>) *Transphorm Gets Design Win In PV Microinverter* <https://www.socaltech.com/fullstory/0083614.html> Geoleta-based *Transphorm <https://www.transphorm.com>* said earlier this week that it has scored a win in a design for a solar microinverter design. According to the company, its gallium nitride (GaN) semiconductors were selected by DAH Solar Co., Ltd. (Anhui Daheng New Energy Technology Co., LTD/subsidiary of DAH Solar). Financial impact of the design win was not announced. Microinverters are used to convert DC power from solar panels into AC power usable in households.(More... <https://www.socaltech.com/fullstory/0083614.html>) *Ocean Life Network Launches New Content Network* <https://www.socaltech.com/fullstory/0083611.html> Westlake Village-based Ocean Life Network, a new startup headed by repeat entrepreneur and investor Richard Wolpert, announced this morning that it is launching a new "FAST TV" content network focused on ocean content. According to Ocean Life Network, the TV network has content deals with 25 creators, and will launch in October with 20 shows and thousands of hours of exclusive content. (More... <https://www.socaltech.com/fullstory/0083611.html>) *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 *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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