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USC Viterbi Startup Garage Deadline

SoCal Tech Calendar

Friday, April 2, 2021 -- USC Viterbi Startup Garage Deadline. The Viterbi Startup Garage is supported by the University of Southern California Viterbi School of Engineering and does not take equity or charge any fees. Any IP developed by the teams is theirs to keep! See [link] (more)

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Acorns To Go Public Via SPAC

socalTECH

Irvine-based savings and investing app developer Acorns said today that it will be going public, via a special purpose acquisition company (SPAC) merger with Pioneer Merger Corp., The transaction will give the company a fully diluted equity value of $2.2 The deal is expected to close in the second half of 2021.

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Ghost appears with new funding, marketplace to match buyers with unsold products

TechCrunch LA

Josh Kaplan and Dee Murthy, both founder and co-CEO of the Los Angeles–based company, started Ghost in 2021 after previously working together at Four Five Group, a men’s apparel business. Ghost is not alone in developing technology focused on inventory. to develop some sweet inventory-planning software.

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Faraday Future Gets $225M In Bridge Loan

socalTECH

Los Angeles-based electric vehicle developer Faraday Future (FF) says it has received a new, $225M Senior Bridge Financing, from Birch Lake Fund Management, LP, ahead of a $1.25 billion equity capital raise it is running with Stifel Nicolaus & Co.

Equity 113
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7 Ways To Highlight Your Personal Value To Investors

Startup Professionals Musings

Develop a personal story as a visionary and learner. As you may have seen on the Shark Tank TV show, offering a tiny equity amount for a large investment will not endear you to investors. Founders who present themselves as a lone entrepreneur may develop an innovative solution, but building a business requires a team.

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Starship Technologies picks up €50M from the EU’s investment arm to expand its fleet of autonomous delivery robots

TechCrunch LA

Starship Technologies is describing this as a “quasi-equity facility”, meaning there is a venture loan involved in the mix. million commercial deliveries (up from 2 million in October 2021) and travelled over 3 million miles globally. It has now made more than 2.5

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6 New Venture Funding Realities To Guide Your Efforts

Startup Professionals Musings

Institutional venture capital dispensed in 2021 reached record highs of almost $330 billion, up significantly from the last few years. It’s the right way to get money without giving up too much equity or control of your business. Marty Zwilling.

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