*socaltech.com <http://socaltech.com> TechNews - Friday, December 8, 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 * - SEGA Looks To Revive Old Titles <#0083748> - Camino Pharma Gets $1.97M SBIR <#0083747> - Kintara Therapeutics Looks For Buyer <#0083746> - VideoAmp Rolls Out New Targeting Technology <#0083745> - Spirent Links With Anritsu On Vehicle Testing <#0083744> - Ring Reassures Customers That It No Longer Views Their Videos <#0083743> - Companies Plan Fully Autonomous, AI-Powered Restaurant In Pasadena <#0083742> - Fisker Automotive Cuts Production Targets <#0083740> - Stratolaunch Completes New Flight Test <#0083739> *Marketplace* - Accelerating Growth For Early Stage Innovation. <#ad764> - From Idea to IPO - KPMG’s Emerging Growth Practice <#ad760> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#ad796> *Friday, December 8, 2023* *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. *SEGA Looks To Revive Old Titles* <https://www.socaltech.com/fullstory/0083748.html> Irvine-based game publisher *SEGA <https://www.sega.com>* said this week that it plans to "dive into its legacy" to create new versions of Crazy Taxi, Golden Axe, Jet Set Radio, Shinobi, and Streets of Rage. The company said new games for those titles are "now in development". The company cited its success in reviving Sonic the Hedgehog in recent years.(More... <https://www.socaltech.com/fullstory/0083748.html>) *Camino Pharma Gets $1.97M SBIR* <https://www.socaltech.com/fullstory/0083747.html> San Diego-based Camino Pharma, which is developing biotechnology focused on cancer and brain disorders, says it has received a $1.97M Small Business Innovation Research (SBIR) grant. The company said the grant was awarded by the National Institute of Alcohol Abuse and Alcoholism. (More... <https://www.socaltech.com/fullstory/0083747.html>) *Kintara Therapeutics Looks For Buyer* <https://www.socaltech.com/fullstory/0083746.html> San Diego-based *Kintara Therapeutics <https://www.kintara.com>* says it is reviewing "strategic alternatives", and has hired on a financial advisor. The biopharmaceuticals company said it will "review a range of strategic alternatives focused on maximizing stockholder value", and has hired on Ladenburg Thalmann & Co. Inc. as an advisor. The company is focused on development of solid tumor cancer therapeuties, and trades as KTRA on the Nasdaq.(More... <https://www.socaltech.com/fullstory/0083746.html>) *VideoAmp Rolls Out New Targeting Technology* <https://www.socaltech.com/fullstory/0083745.html> Los Angeles-based VideoAmp, which develops adtech software, says it has rolled out a new solution for its clients, to help them with targeting and measurements of their advertising. According to the company, it has released a "proprietary commingled Identity (ID) solution" which uses identifiers such as hashed emails, signed-in users, IP addresses and device IDs--but which never exposes a consumer's personal identifiers to VideoAmp, its partners, or clients. (More... <https://www.socaltech.com/fullstory/0083745.html>) *Spirent Links With Anritsu On Vehicle Testing* <https://www.socaltech.com/fullstory/0083744.html> The Calabasas-based division of Spirent Communications plc announced this morning that it has entered into a strategic partnership with Anritsu, where the two will work together on automotive testing solutions. According to the companies, the two will work together on cellular vehicle-to-everything (C-V2X) and autonomous driving technologies. Financial details of the link were not announced. (More... <https://www.socaltech.com/fullstory/0083744.html>) *Ring Reassures Customers That It No Longer Views Their Videos* <https://www.socaltech.com/fullstory/0083743.html> Los Angeles-based Ring, the video doorbell and camera maker which is now part of Amazon, reassured its customers today saying that it has "significantly changed" its access and review practices for videos recorded by the devices. According to the company, "only a very small number of employees can access videos, and only in very limited circumstances." The company referred to a settlement on June 16th with the Federate Trade Commission. (More... <https://www.socaltech.com/fullstory/0083743.html>) *Companies Plan Fully Autonomous, AI-Powered Restaurant In Pasadena* <https://www.socaltech.com/fullstory/0083742.html> Cali Group, Miso Robotics, and PopID said this morning that they are planning to open what they call the first, autonomous, AI-powered restaurant in the world. According to the companies, they are launching CaliExpress by Flippy, a "fully autonomous" restaurant which will feature fully automated grill and fry stations, which are powered by artificial intelligence and robotics, with guests ordering their food on self-ordering kiosks. (More... <https://www.socaltech.com/fullstory/0083742.html>) *Fisker Automotive Cuts Production Targets* <https://www.socaltech.com/fullstory/0083740.html> Irvine-based *Fisker Automotive <https://www.fiskerinc.com>* is again dramatically cutting its vehicle production targets <https://techcrunch.com/2023/12/01/ev-startup-fisker-cut-its-2023-production-target-for-the-fourth-time/?guccounter=1>, saying it now only expects to produce 10,000 vehicles this year, down from and earlier target of 13,000 to 17,000 it had stated last month. That is down from a target of 42,400 units it had put out in November of 2022.( More... <https://www.socaltech.com/fullstory/0083740.html>) *Stratolaunch Completes New Flight Test* <https://www.socaltech.com/fullstory/0083739.html> Mojave-based Stratolaunch, which operates the world's largest currently operating airplane, said on Sunday that it has completed a "captive carry" flight test with its new, Talon-A hypersonic vehicle. The company--under new ownership--is in the midst of transforming from a company aimed at sending payloads to space, to instead provide a launch platform for hypersonic test flights. (More... <https://www.socaltech.com/fullstory/0083739.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 *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 *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 ------------------------------ *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 December 30, City -- *Test Event 3* Test Description - IGNORE. See http://www.socaltech.com/calendar/eventid/26756 January 17, San Diego -- *Intersolar North America and Energy Storage North America* ntersolar North America and Energy Storage North America is the premier US-based conference and trade show focused on solar, energy storage, and EV charging infrastructure. Dedicated to accelerating the energy transition, the event delivers actionable education, invaluable networking, and an immersive exhibit hall experience. . See http://www.socaltech.com/calendar/eventid/26772 January 18, San Diego -- *Intersolar North America and Energy Storage North America* ntersolar North America and Energy Storage North America is the premier US-based conference and trade show focused on solar, energy storage, and EV charging infrastructure. Dedicated to accelerating the energy transition, the event delivers actionable education, invaluable networking, and an immersive exhibit hall experience. . See http://www.socaltech.com/calendar/eventid/26773 January 19, San Diego -- *Intersolar North America and Energy Storage North America* ntersolar North America and Energy Storage North America is the premier US-based conference and trade show focused on solar, energy storage, and EV charging infrastructure. Dedicated to accelerating the energy transition, the event delivers actionable education, invaluable networking, and an immersive exhibit hall experience. . See http://www.socaltech.com/calendar/eventid/26774 ------------------------------ ------------------------------ ------------------------------ *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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