TechCrunch LA

FEBRUARY 3, 2021

Grocery delivery startup Good Eggs is announcing that it has raised $100 million in new funding, and that it’s planning to launch in Southern California in either the summer or fall of this year. Parts of this story might sound familiar to readers familiar with Good Eggs — when the startup raised its most recent, $50 million funding round in 2018, CEO Bentley Hall also mentioned plans for geographic expansion.

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socalTECH

FEBRUARY 3, 2021

Redlands-based GIS software giant Esri said on Wednesday that it has released a new tool, ArcGIS Velocity, which is aimed at ingesting and analyzing real-time data from the Internet-of-Things. The company said the tool--previously known as ArcGIS Analytics for IoT--is meant to capture information from sensors, moving objects, or anything that changes over time, and then automatically flag patterns, trends, and anomalies.

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TechCrunch LA

FEBRUARY 3, 2021

Techstars Los Angeles , the local Los Angeles-focused branch of the global accelerator network, has named Matt Kozlov as its new managing director. Kozlov, a longtime Techstars network fixture, has previously served as the head of the organization’s healthcare accelerator through a partnership with Cedars-Sinai and as the head of the Techstars Starburst Space Accelerator, which was focused on space and aerospace startups.

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Startup Professionals Musings

FEBRUARY 3, 2021

As a long-time mentor to new entrepreneurs and business owners, I have noticed that many no longer associate more fulfillment and satisfaction with more money, power, and success. It seems that fulfillment to these new entrepreneurs is all about changing the world and legacy. In fact, customers today also seem more attracted to companies with a higher purpose than profit.

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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.

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socalTECH

FEBRUARY 3, 2021

In one of those strange moments to come out of the high tech world still in a pandemic, Santa Barbara-based Invoca--with its workers all temporarily working from home like the rest of the world apparently was taken over by 20,000 bees while people were away, according to the company. Invoca--which sent its workers home in March to due to the COVID-19 pandemic--apparently discovered in January that bees had taken up residence in its offices, resulting in a major bee removal operation which netted

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SoCal Tech Calendar

FEBRUARY 3, 2021

Tuesday, February 9, 2021 --.

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IP Guide Entrepreneur 100

socalTECH

FEBRUARY 3, 2021

Los Angeles-based Newegg said on Wednesday that it has opened up a brand new, 275,000 square foot third party logistics (3PL) location, in Eastvale, California. The company said that the addition of new warehousing and distribution facilities will help it to serve its existing 3PL clients more effectively. Newegg offers up third party logistics services--including storage, fulfillment, and transporation of products--through its Newegg Logistics business unit.

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socalTECH

FEBRUARY 3, 2021

La Jolla-based CLICS, a startup developing an Internet connected device for hair salons for dispensing hair coloring, has raised $1M via a crowdfunding effort, the company announced this week. The company said that the fundraising came via crowdfunding website Wefunder, including funding from Brian Claypool, a civil rights trial attorney. CLICS says it has developed a product it calls the "Digital Hair Color Studio", which is a mobile app-controlled Internet connected (IoT) hair color dispenser

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socalTECH

FEBRUARY 3, 2021

Amazon said it has started testing electric delivery vans from Rivian on Wednesday morning, using the all electric vehicle in multiple locations in Los Angeles. According to Amazon, it hopes to have its custom electric delivery vehicles in up to 15 additional cities in 2021. Amazon did not say how many of Rivian's delivery vans will be deployed in the Los Angeles test.

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socalTECH

FEBRUARY 3, 2021

Los Angeles-based snack chip maker PeaTos has raised $12.5M more in funding, in a new, Series B funding round, the company said on Tuesday. The funding was led by cereal maker Post Holdings. PeaTos has now raised $19.5M in the last six months for its pea-based chips. The food startup is led by founder and CEO Nick Desai. The company says its products are now available in over 4,700 retailers.

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socalTECH

FEBRUARY 3, 2021

Los Angeles-based Centerfield, a marketing and customer acquisition company backed by private equity investor Platinum Equity, says it has acquired both Business.com and Savings.com. Financial details of the acquisition were not announced. Business.com, as well as its companion sites, Business News Daily and BuyerZone help connect professionals with business servies.

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socalTECH

FEBRUARY 3, 2021

Los Angeles-based Nile AI, a startup developing digital epilepsy care management software, has raised $29.3M in funding from biopharmaceuticals firm UCB. According to UCB, it will be a majority shareholder of Nile, and will have a seat on the board of directors. UCB said that Nile AI was created to improve care for people living with epilepsy, their caregivers, and healthcare providers (HCPs), to provide patients with peace of mind between consultations, with the ultimate goal of shortening the

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socalTECH

FEBRUARY 3, 2021

Marina Del Rey-based LeaseLock, which is developing artificial intelligence technology and lease insurance products to eliminate the need for security deposits, has raised $52M in its Series B funding round, the company announced this morning. The new funding was led by Westerly Winds and Wildcat Venture Partners, and also included SoftBnk Ventures.

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