socalTECH

JULY 20, 2021

Techstars LA, the startup accelerator headed up by Matt Kozlov, announced its 2021 class this week, drawing an international group of twelve new companies to its startup accelerator in Culver City.

Class 113

Class Culver City Companies Company 113

Both Sides of the Table

SEPTEMBER 15, 2022

Should SaaS companies trade at a 24x Enterprise Value (EV) to Next Twelve Month (NTM) Revenue multiple as they did in November 2021? But it will be patiently deployed, waiting for a cohort of founders who aren’t artificially clinging to 2021 valuation metrics. By 2021 we had to write a $3.5m

Venture Capital 416

Venture Capital Marketing Technical Review Seed Funding 416

TechCrunch LA

FEBRUARY 11, 2020

Hyundai Motor Group said it will jointly develop an electric vehicle platform with Los Angeles-based startup Canoo, the latest startup tapped by the automaker as part of an $87 billion push to invest in electrification and other future technologies. Hyundai Motor Group has committed to invest $87 billion over the next five years.

Startup 310

Startup Development Develop Platform 310

TechCrunch LA

JANUARY 25, 2022

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

Invest 233

Invest Technology Startup Los Angeles 233

socalTECH

JANUARY 27, 2021

Los angeles-based Silvus Technologies, a startup developing radio frequency (RF) spectrum scanning technology, has scored $1M from a Phase Three DARPA contract, the company said today. Silvus said its technology provides "extremely fast" spectrum scanning in a form factor the size of an iPhone.

Outsource Development 160

Outsource Development Los Angeles Activity Technology 160

TechCrunch LA

APRIL 24, 2020

1 priority was to ensure long-term financial stability and secure the core team, technology development and customer programs no matter what the scenario, Czinger said, adding that there is still enormous uncertainty surrounding the real impact and duration of the COVID-19 pandemic. The company’s No. Image Credits: Czinger Vehicles.

Startup 251

Startup Technical Review Outsource Development Platform 251

TechCrunch LA

APRIL 27, 2021

Clio , a software company that helps law practices run more efficiently with its cloud-based technology, announced Tuesday it has raised a $110 million Series E round co-led by T. Clio has focused on building out its core technology to an industry that has historically relied on pen and paper in many cases. Rowe Price Associates Inc.

Platform 244

Platform Equity SaaS Los Angeles 244

socalTECH

JANUARY 5, 2021

As you may recall the Alliance's mission is to elevate the region as a global leader in innovation, technology & entrepreneurship. What are you most looking forward to in the technology/startup world in 2021? You will be able to get to all of these posts on our 2020 reflections here.

Southern California 202

Southern California SoCal Technical Review Startup 202

TechCrunch LA

JUNE 10, 2021

billion in volume for the entire fiscal year of 2021 and Afterpay is projecting $16 billion in volume for its entire fiscal year. . March 2021 also represented a record month for global shopping volume with $6.9 To put that into context; Affirm’s financial report in May projected it would process $8.04

Los Angeles 266

Los Angeles Funding CIO Marketing 266

socalTECH

MAY 23, 2019

s technology, which will span the Las Vegas Convention Center. The Las Vegas Convention and Visitors Authority (LVCVA) announced the selection of The Boring Company on Wednesday, saying it hopes to have the tunnel built and transportation system running by the Consumer Electronics Show in January of 2021.

Los Angeles 140

Los Angeles Startup Technology Companies 140

socalTECH

MARCH 7, 2017

Rambus aid the agreement covers its patented memory technologies, including high-speed interfaces, memory architectures, resistive memory and security technologies, for use in Western Digital's flash products through 2021. Financial details of that agreement were not announced. READ MORE>>.

Patents 113

Patents Technology Product 113

TechCrunch LA

JUNE 10, 2020

“We’ve created the HBCUvc Donor Circle as an opportunity for supporters and individuals to engage in our work and join a long-term strategy toward racial equity in venture capital and technology,” she wrote in the post. The program is expanding to Chicago in 2021, the blog post notes.

Equity 220

Equity Technical Review Venture Capital Blogging 220

socalTECH

MAY 7, 2019

Los Angeles-based Relativity , a developer of robotics technology and 3D manufacturing technology aimed at developing 3D printed rockets, says it has signed a launch services agreement with satellite ridesharing arranger Spaceflight. According to Relativity, it plans to have its first launch in Q3 of 2021.

Los Angeles 133

Los Angeles Services Technology Capital 133

socalTECH

JULY 10, 2020

Los Angeles-based advertising technology developer The Trade Desk says that its Chief Strategy Officer, Brian Stempeck, will step down from the firm on September 1st. HThe company said Stempeck will continue in an advisory role through January 31, 2021. READ MORE>>.

Advertising 124

Advertising Los Angeles Platform Angel 124

TechCrunch LA

SEPTEMBER 24, 2019

The first cars are slated to appear on the road by 2021, according to the company’s current leader, Ulrich Kranz. ” The plan for 2021 is to launch in Los Angeles and have another eight cities account for the company’s U.S. “We will roll out city-by-city,” he says. “After the launch in the U.S.

Chief Technology Officer 237

Chief Technology Officer Los Angeles Design Outsource Development 237

socalTECH

NOVEMBER 21, 2019

In one of the biggest acquisitions out of Southern California's technology startup industry in recent years, Los Angeles-based Honey Science Corporation , which develops a savings discovery and price tracking tool, has been acquired by PayPal , in a deal worth approximately $4 billion. READ MORE>>.

Southern California 133

Southern California Commerce Acquisition .Net 133

SoCal Tech Calendar

MARCH 29, 2021

Friday, April 2, 2021 -- USC Viterbi Startup Garage Deadline. USC Viterbi Startup Garage (VSG) is hosting an open call for early-stage technology startups for their Spring Cohort kicking off late-April. Interested teams should apply no later than Midnight April 2, 2021 (PT). Any IP developed by the teams is theirs to keep!

USC 100

USC Startup Southern California IP 100

TechCrunch LA

APRIL 26, 2022

Food Rocket uses AI-enabled technologies to manage warehouse stocks, forecast demand and optimize delivery time by predicting the closest store that offers the fastest delivery time and the lowest costs of putting together and delivering the order. He also wants to take a step further eventually and deliver other items like phones.

Funding 246

Funding Demand Los Angeles Competition 246

socalTECH

FEBRUARY 18, 2020

According to NASA, Rocket Lab will launch its Cislunar Autonomous Positioning System Technology Operations and Navigation Experiment (CAPSTONE) CubeSat mission to the Moon from the Virginia launch site in early 2021. Rocket Lab's original launch site is in New Zealand. Financial impact of the contract win was not announced.

Sites 124

Sites Technology 124

socalTECH

OCTOBER 1, 2019

Los Angeles-based Relativity Space , which is developing technology to 3D print rockets, has raised $140M in a Series C funding round, the company announced on Tuesday morning. Relativity says that its 3D printing technology allows it to accelerate design iterations and manufacturing of rockets. READ MORE>>.

Los Angeles 113

Los Angeles Design Capital Funding 113

socalTECH

AUGUST 9, 2021

According to Rocket Lab, it will launch the CAPSTONE mission to the Moon from its launch complex in New Zealand, in Q4 of 2021, its first launch to the Moon. CAPSTONE stands for the Cislunar Autonomous Positioning System Technology Operations and Navigation Experiment. Financial details of the win were not announced.

Long Beach 113

Long Beach Technology Funding Help 113

socalTECH

JANUARY 22, 2021

Elon Musk, the CEO and founder of Hawthorne, California-based companies SpaceX and The Boring Company said on Thursday that he is donating $100M to a new prize for the best carbon capture technology. Am donating $100M towards a prize for best carbon capture technology— Elon Musk (@elonmusk) January 21, 2021.

SpaceX 113

SpaceX Hawthorne Technology Companies 113

Tech.Co

JULY 29, 2020

Google has announced that its staff will work from home until at least July 2021. The company is the first technology company to publicly commit to keeping its remote working policies in place into next year, in an attempt to give employees more clarity on how long they would be working from home. Remote Working: What is Google Doing?

Google 155

Google Blogging Journal Statistics 155

TechCrunch LA

MARCH 19, 2021

Earlier this month, Los Angeles became the latest city to task its various departments with prepping a feasibility study for deploying new software and monitoring technologies to better account for its carbon footprint. Los Angeles has tried to address its carbon footprint in the past, but the efforts weren’t very successful.

Los Angeles 192

Los Angeles Marketing Study Angel 192

socalTECH

DECEMBER 23, 2020

At Liquid Stock, we were fortunate the IPO market stayed red-hot and we had two successful IPOs with Sumo Logic and Wish along with the filing of Affirm, Marqeta and Robinhood which we expect to go public early in Q1/2021. What are you most looking forward to in the technology/startup world in 2021?

Venture Capital 124

Venture Capital Capital Technical Review Brentwood 124

socalTECH

AUGUST 11, 2021

Santa Monica-based contextual advertising technology developer GumGum says it has acquired JustPremium, a rich media and video ad marketplace in Europe. GumGum said that its 2021 revenues are on track to grow over 40% compared to last year, and the addition of JustPremium will help expedite that growth.

Santa Monica 113

Santa Monica Advertising Acquisition Media 113

TechCrunch LA

AUGUST 18, 2022

Aero Technologies , which describes itself as a “next-generation air travel company” which currently operates on a limited number of routes in the U.S. The company, which previously raised a $20 series A round in 2021, now has a valuation of $300 million.

Los Angeles 255

Los Angeles Capital Customer Custom 255

socalTECH

DECEMBER 16, 2022

San Diego-based autonomous driving technology developer TuSimple -- which has been fighting a possible deslisting after firing its CEO -- said it has named a new FO, and named multiple people to its board, as well as reconstituted its audit committee.

San Diego 113

San Diego Venture Capital Networking Capital 113

socalTECH

MARCH 1, 2021

Long Beach-based rocket developer Rocket Lab is joining the very long list of local technology companies, which is heading towards the public market through a merger with a Special Purpose Acquisition Company (SPAC). Rocket Lab said it expects the deal to be complete by Q2 of 2021.

Long Beach 113

Long Beach Acquisition Capital Invest 113

TechCrunch LA

FEBRUARY 6, 2022

This writeup from industry analyst Karl Guttag showcases how Magic Leap has turned away from several of the key technologies it raised billions of dollars to develop with its latest hardware which he nevertheless believes will “blow away” the HoloLens 2 in image quality. But the war for tech talent has rarely been so brutal.

Marketing 246

Marketing Newsletter Technical Review News 246

socalTECH

MARCH 26, 2021

The company said it will use the funding to start up manufacturing at a production facility in Hanford, California, product testing, and vehicle technology system upgrades, among other efforts.

Startup 113

Startup Acquisition Los Angeles Funding 113

socalTECH

MAY 2, 2019

USC said the new option is will become available for its 2020 and 2021 MBA classes this fall. Department of Homeland Security. READ MORE>>.

USC 133

USC Southern California Statistics Class 133

socalTECH

DECEMBER 15, 2020

Irvine-based Cosemi Technologies , a developer of plug-and-play HDMI, DisplayPort and USB active optical cables, said on Tuesday tht it has raised $8M in a strategic funding round. The company said it expects the first of its solutions to be available as early as the second half of 2021. The company's President and CEO is Dr. Nguyen X.

Activity 113

Activity Funding Platform Marketing 113

socalTECH

MARCH 14, 2018

The two said that the first block of satellites for DigitalGlobe's WorldView Legion satellites will be launched in two separate flights in 2021, on SpaceX's Falcon 9 rockets. DigitalGlobe was recently acquired by Maxar Technologies Ltd. Financial details of the deal were not announced. READ MORE>>.

SpaceX 113

SpaceX Hawthorne Networking Customer 113

socalTECH

DECEMBER 28, 2020

What are you most looking forward to in the technology/startup world in 2021? The shift to consumers starting nearly every purchase with localized organic search appears to be permanent for brick and mortar businesses, so we have an immense opportunity to innovate in 2021 to help our client brands continue to adapt and succeed.

Technical Review 140

Technical Review Software Review Organic Search Startup 140

socalTECH

DECEMBER 21, 2020

Beginning in 2021, weve enhanced our flexible work policy to allow teammates to work almost anywhere in the US. What are you most looking forward to in the technology/startup world in 2021? New technologies will pop up to accelerate these changes starting in 2021. Harrison Tang is the CEO and Co-founder of Spokeo.

Technical Review 113

Technical Review Startup CIO Southern California 113

socalTECH

DECEMBER 23, 2020

We made 7 investments in SoCal founders in our first year (out of 8 total), and even the 1 exception has deep SoCal ties and we hope to relocate her here in 2021. What are you most looking forward to in the technology/startup world in 2021? What was the biggest news for you/your company this year? There are many. READ MORE>>.

Southern California 113

Southern California Technical Review SoCal High Tech 113