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MSBAI Snags $1M Contract From USAF

socalTECH

Los Angeles-based startup MSBAI, which is developing artificial intelligence tools for assisting in engineering reports it has received a $1M US Air Force grant.

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Founded by former SpaceX engineers, First Resonance pitches tools to make things the SpaceX way

TechCrunch LA

The software that First Resonance has developed allows manufacturers to coordinate their workflow processes. But the software — and the information it’s collecting from manufacturing — can be used to inform better design decisions and the upstream product development process, Talati said.

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Former Snap employees are launching Forge Platform for Ethereum devs

TechCrunch LA

Chris Lorenz, Geoffrey Anderson, and James Borow may have spent their days over the past few years working at Snap, but on nights and weekends Anderson and Lorenz were laboring on a different project — improving Ethereum development tools. . “This year we’ll see a lot of interesting projects get launched.”

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Sagewise Secures $1.25M

socalTECH

Los Angeles-based Sagewise , a startup developing tools and infrastructure for managing disputes and contracts, has raised $1.25M in a seed funding round. According to Sagewise, it is developing a "safety net" for smart contracts to enable the efficient resolution of disputes. READ MORE>>.

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6 Reasons To Build A Working Model Of Your Solution

Startup Professionals Musings

Angel investors, like me, have long figured out that asking to see the prototype is a quick way to separate the ‘wannabes’ from serious players. If it is hardware, look for one of the ‘ makerspaces ’ such as ProtoStripes , with all the tools you need to prototype almost anything yourself.

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6 Ways A Prototype Will Add Value To Your New Venture

Startup Professionals Musings

Angel investors, like me, have long figured out that asking to see the prototype is a quick way to separate the ‘wannabes’ from serious players. If it is hardware, look for one of the ‘ makerspaces ’ such as ProtoStripes , with all the tools you need to prototype almost anything yourself.

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Alelo Gains Army Contract

socalTECH

Los Angeles-based Alelo , the USC spinout which is developing language learning systems based on video games, disclosed this week that the firm has been selected as a prime contractor by the U.S. Alelo said that it was selected by the U.S. Size of the deal and other details were not released.