TechCrunch LA

JULY 24, 2019

Cann , a Los Angeles-based purveyor of CBD and THC-infused intoxicants, is rolling out its first major distribution through the venture-backed delivery service Eaze as it begins to hit the streets in California. The company founded by two former Bain consultants is the latest to take on the growing market for non-alcoholic intoxicants that use a combination of chemicals traditionally found in the marijuana plant to make their drinks.

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Company Companies Los Angeles Startup 241

socalTECH

JULY 24, 2019

Hawthorne-based SpaceX is planning to launch another resupply rocket to the International Space Station (ISS) today--its eighteenth--in a launch from Cape Canaveral Air Force Station in Florida, later this evening. According to SpaceX, its eighteenth Commercial Resupply Services mission (CRS-18) is targeted for launch at 6:24 p.m. EDT, from Space Launch Complex 40 (SLC-40).

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TechCrunch LA

JULY 24, 2019

Postmates’ cooler-inspired autonomous delivery robot, which will roll out commercially in Los Angeles later this year, will rely on lidar sensors from Ouster, a burgeoning two-year-old startup that recently raised $60 million in equity and debt funding. Postmates unveiled the first generation of its self-described “autonomous rover” — known as Serve — late last year.

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Los Angeles .Net Customer Custom 216

socalTECH

JULY 24, 2019

Bryant Stibel , the Los Angeles area venture capital investment firm of Kobe Bryant and Jeff Stibel, has backed item tracking startup Tile in a new, $45M funding round. The growth equity funding was led by Francisco Partners, and also included GGV Capital, Bessemer Venture Partners, plus new investors Bryan Stibel and SVB Financial Group. Tile is best known for its wireless-enabled tags which allow users to track all kinds of items, from their keys, wallet, luggage, and anything else.

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Funding Venture Capital Los Angeles Equity 124

Advertiser: Aggregage

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

Company

Xconomy

JULY 24, 2019

The first business accelerator program in southeast San Diego is accepting applications for its second cohort of entrepreneurs, who would start the program in fall. The six-month program, called Connect All @ the Jacobs Center, is run by Connect, a longstanding local organization that for years has supported startups through its flagship tech and life sciences accelerator, Springboard; the city of San Diego; and the Jacobs Center for Neighborhood Innovation, a nonprofit organization.

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San Diego Startup Organization Entrepreneur 99

socalTECH

JULY 24, 2019

WeWork , the coworking space operator which has a very significant presence in Southern California, is planning to have its IPO in September, according to a report on Wednesday. According to the WSJ, WeWork plans to disclose its IPO paperwork in August. The company filed for a confidential IPO earlier this year. WeWork operates a national chain of coworking spaces, but has a very significant presence in Los Angeles, which was one of its very first markets.

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Manhattan Beach Southern California Los Angeles Report 113

socalTECH

JULY 24, 2019

Len Lanzi is Executive Director of the Los Angeles Venture Association (LAVA) (www.lava.org), which helps startup entrepreneurs get their companies funded. Len gave some advice to startups on how best to get the attention of venture capital and other investors, at the recent First Look SoCal Showcase. READ MORE>>.

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LAVA SoCal Southern California Funding 113

Xconomy

JULY 24, 2019

Freenome , one of the rivals racing to detect the earliest signs of cancer through blood tests, announced Wednesday it has raised $160 million in a Series B funding round. The money boosts Freenome’s fundraising total to $238 million. It’s a boon for the South San Francisco startup founded in 2014, but not an unusual haul for competitors in the same field, where the tantalizing promise of a simple test to find cancer sooner, when it is much easier to treat, has emerged from advances in DNA seque

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Funding Startup Artificial Inteligence Venture Capital 90

socalTECH

JULY 24, 2019

Thousand Oaks-based Teledyne Technologies said on Tuesday afternoon that it has expanded its board of directors, and has added Denise R. Cade to its board. Cade is Senior Vice President, General Counsel and Corporate Secretary of IDEX Corporation. According to Teledyne, the addition of Cade brings its number of board members to 11. Cade had served on the board of directors of PPG with Teledyne's Executive Chairman, Robert Mehrabian; Cade also was Senior Vice President, General Counsel, Corporate

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Xconomy

JULY 24, 2019

Recreational marijuana is now legal here in Massachusetts and it seems that everywhere you look, people are excited to create business ventures around it. But, like any other business endeavor, research, planning, and discipline are essential – maybe even more so given the legal and regulatory issues involved with cannabis. As of now, marijuana is fully legal in 10 US states plus Washington, DC, and 33 states have a legal medical cannabis program ( this map shows marijuana legality by state).

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Research Venture Capital San Diego Invest 88

socalTECH

JULY 24, 2019

Los Angeles-based online retailer Newegg is extending its support for Bitcoin payments, saying this morning that it wil begin accepting Bitcoin in an additional 73 countries. The company said the expansion means that Newegg customers can pay with Bitcoin across nearly all of the countries that it serves. The electronics retailer said the addition of the new countries comes thanks to an expansion of a collaboration it has with BitPay, a provider of Bitcoin payment services.

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NewEgg Los Angeles Customer Custom 113

L.A. Business Journal

JULY 24, 2019

Snap stock on the upswing; Tile gains $45 million; FanDragon raises seed round

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Report 100

socalTECH

JULY 24, 2019

Santa Monica-based Snap Inc. , the parent company of Snapchat , says its daily active users (DAU) increased by 8 percent year-over-year, to 203 million users. The social media and communication software developer announced the numbers in its second quarter 2019 financial results. Snap's revenues grew to $388M in Q2 of 2019, with a net loss of $255M for the quarter.

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Activity Social Media Santa Monica Snapchat 113

Xconomy

JULY 24, 2019

Bristol-Myers Squibb (NYSE: BMY ) this afternoon revealed yet another setback for its cancer immunotherapy nivolumab (Opdivo) in lung cancer, boosting the outlook for rival Merck. The New York pharma giant said that a regimen of nivolumab (Opdivo) and chemotherapy failed to extend the lives of non-squamous, non-small cell lung cancer patients compared to chemo alone in a Phase 3 study.

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Study San Diego Blogging 79

socalTECH

JULY 24, 2019

The Vinetta Project , a Los Angeles-based group which is focused on helping to accelerate the growth of female-led startups, said this week that it has linked up with P&G Ventures , an internal "startup studio" within The Procter & Gamble Company. According to the two, the partnership will help source and scale promising early-stage, female-led companies poised to solve consumer problems, focused on such areas as sleep, menopause, pain, aging, male wellness, performance, skin and non-tox

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Startup Los Angeles Networking Help 100