LA’s Burgeoning Agtech Industry Sees Green Acres Ahead
L.A. Business Journal
SEPTEMBER 14, 2020
While plenty of tech companies are interested in filling up consumers’ feeds, some are more interested in feeding consumers.
Mon.Sep 14, 2020
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Beyond Meat is introducing pre-packaged meatballs at stores across America
TechCrunch LA
SEPTEMBER 14, 2020
Indulging in American food companies’ favorite pastime of marketing innovations that no one needs but potentially everyone wants, Beyond Meat is launching Beyond Meatballs in grocery stores nationwide this week. The new product can be put on top of spaghetti, all covered with cheese , and comes pre-spiced with a blend of Italian spices, according to a company statement.
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QLess Software Helps Businesses Cut the Line
L.A. Business Journal
SEPTEMBER 14, 2020
With social distancing and masks likely to remain a reality for a while longer, Pasadena-based QLess Inc. is poised to help businesses reduce in-person queues.
HyperX Rolls Out Eyewear Line
socalTECH
SEPTEMBER 14, 2020
Fountain Valley-based HyperX , the developer of gaming accessories which is part of Kington Technology, says it has launched a new set of eyewear specifically for "blue light blocking". According to HyperX, its new collection of eyewear is aimed at gamers, students, and professionals, to help reduce eyestrain by blocking blue light. The company says its glasses provide both blue light and UV protection.
Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19
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.
TikTok Rejects Microsoft, Partners With Oracle
L.A. Business Journal
SEPTEMBER 14, 2020
TikTok’s parent company, Beijing-based ByteDance Ltd., has rejected the acquisition proposal from Microsoft Corp. and reportedly accepted a bid from Oracle Corp.
Novus Therapeutics Acquires Anelixis Therapeutics
socalTECH
SEPTEMBER 14, 2020
Irvine-based Novus Therapeutics , a developer of antibodies for organ and cellular transplantation, autoimmune diseases, and neurodegenerative diseases, has acquired Anelixis Therapeutics , the company said on Monday. According to Novus Therapeutics, the acquisition was structured as a stock-for-stock transaciton, where all of Anelixis' outstanding equity interests were exchanged in a merger for a combination of shares of Novus common stock and shares of Preferred Stock.
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Escient Pharmaceuticals Finds $77.5M In Series B
socalTECH
SEPTEMBER 14, 2020
San Diego-based Escient Pharmaceuticals , which is developing treatments for mast cell-related diseases, said on Monday that it has raised $77.5M in a Series B funding round. According to the company, the funding round was led by Sanofi Ventures and Cowen Healthcare Investments and included new investors Redmile Group and Perceptive Advisors. As part of the funding, Jason Hafler, Ph.D., of Sanofi Ventures and Kevin Raidy of Cowen Healthcare Investments have joined the company's board of director
7 Types Of People Who Get Results With Minimal Motion
Startup Professionals Musings
SEPTEMBER 14, 2020
Isn’t it amazing that some people you know always seem to be working hard, but never seem to get anything done? As an entrepreneur, you need to avoid partnering with these people, or hiring them into your startup. The challenge is to find people who get things done, as well as work hard. LinkedIn profiles and resumes still focus too much on responsibilities rather than results.
Beyond Meat Launches Meatballs At Grocery Stores
socalTECH
SEPTEMBER 14, 2020
El Segundo-based plant-based meat company Beyond Meat says it has rolled out a new product, Beyond Meatballs , at grocery stores nationwide. The company says its meatballs--which are pre-seasoned with Italian spices--are ready to cook, and will be available at Whole Foods Market, Stop & Shop, Sprouts, Harris Teeter, Kroger, Albertsons, and others by early October.
CropSwap App Connects Local Farmers, Consumers
L.A. Business Journal
SEPTEMBER 14, 2020
Silver Lake-based CropSwap Inc. is trying to move farmers markets onto a mobile app.
Saviynt Claims Record Growth
socalTECH
SEPTEMBER 14, 2020
Los Angeles-based cloud identity management software developer Saviynt says it saw record growth during the first half of 2020--despite the pandemic--saying it saw a 48 percent growth in recurring revenue. Actual financials for the privately held company were not announced. Saviynt says it has also expanded the number of employees at the company by 30%.
Xconomy Awards On-Demand ‘Meet the Finalists’ Webcast Series Continues This Week
Xconomy
SEPTEMBER 14, 2020
The 2020 National Xconomy Awards complimentary two-week, 11-part, on-demand Meet the Finalists daily webcast series continues each day this week at 11 a.m. ET. Registration is complimentary and includes access to a networking app with already more than 400 life science contacts. The daily series leads up to the Thursday, Sept. 24 free online National Xconomy Awards ceremony – celebrating the best in biotech.
GoodRx Sets IPO Pricing Range
socalTECH
SEPTEMBER 14, 2020
Santa Monica-based GoodRx , a developer of a digital healthcare and prescriptions service, has set an IPO pricing range of between $24.00 and $28.00 per share. The company is looking to raise as much as $1.1 billion through its IPO on the NASDAQ Global Select Market. GoodRx has filed to trade as GDRX. According to the company, it is looking to sell 39,807,691 shares of its common stock in the IPO.
CoreLogic Target Of Takeover Effort, Gets New, Bigger Offer
socalTECH
SEPTEMBER 14, 2020
Irvine-based CoreLogic says it has received an "unsolicited proposal" to acquire the company. According to the company, Senator Investment Group LP and Cannae Holdings Inc. have proposed to acquire all outstanding common shares of CoreLogic for $66.00 per share in cash. CoreLogic--which provides property information and data for the real estate industry--says its board of directors "will carefully review the revised proposal with the assistance of financial and legal advisors".
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