Wed.Nov 01, 2017

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DermTech Raises $10M In Series C Funding

socalTECH

La Jolla-based molecular dermatology startup DermTech announced today that it has raised $10M in its Series C funding round, part of an ongoing $15M financing effort by the company. The startup, which is developing precision medicine technology for the diagnosis and treatment of skin cancers, inflammatory diseases, and other skin diseases, said the funding included investments by RTW Investments, along with other private investors.

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Silicon Beach Report Nov. 1: Virgin Orbit Launches Subsidiary Vox Space

L.A. Business Journal

Virgin Orbit launches Vox Space subsidiary, Snap Maps offered real-time coverage of Tuesday’s terror attacks in Manhattan and Breitbart and other conservative outlets escalate anti-SpaceX campaign.

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Ten Years Ago, The Self Driving Car Revolution Started In Victorville

socalTECH

Ten years ago this week--on November 3, 2007--the self driving car revolution was launched in Southern California--in all places, Victorville, at the DARPA Urban Challenge. The competition, part of a series of competitions that were part of the DARPA Grand Challenge, spurred the growth of the technology which is now at the core of every self-driving car team now working on the market.

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All Talk: Veterans in Innovation

SoCal Tech Calendar

Tuesday, November 7, 2017 -- All Talk: Veterans in Innovation. CONNECT. As many veterans are returning to, or looking to enter the private sector, the tech industry is rapidly expanding with opportunities. Tech companies are looking for highly skilled individuals, skills veterans have often built in their time in the service. Many veterans are getting involved in this booming industry and have success stories to share.

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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

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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Newegg Kicks Off Holiday Season With Black November Sales

socalTECH

Los Angeles-based online technology retailer Newegg has officially kicked off the holiday shopping season, saying it has launched its Black November sales, as of this morning. According to Newegg, this year it expects to reveal 20 to 50 new, early Black Friday deals each Friday up until Black Friday itself. Newegg has been kicking off its holiday sales the beginning of November since 2010 , rather than waiting for the traditional Friday after Thanksgiving for holiday sales efforts.

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Techstars Sustainability Adds to Growth of Sponsored Accelerators

Xconomy

After Techstars opened its first program in Boulder, CO, in 2007, the startup accelerator program expanded into three cities over the next four years. But then the real growth started happening. In 2011, Techstars began launching accelerators that focused on startups innovating in a specific sector in partnership with big companies. It partnered with Nike in Portland, OR , on apparel-related technology in 2012 and with Barclays on fintech in 2014.

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Cognitive Buildings: The Next Frontier

SoCal Tech Calendar

Tuesday, November 7, 2017 --.

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Achates Power Raises $29.8M For More Efficient Engines

socalTECH

San Diego-based Achates Power , a startup which is developing more efficient, internal combustion engines, has raised $29.8M in its Series D funding, according to the company. The funding was led by OGCI Climate Investment. The company's prior investors include Sequoia Capital Partners, RockPort Capital Partners, Madrone Capital Partners, InterWest Partners and Triangle Peak Partners.

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Who Dares to Enter Halloween Horror Nights?

SoCal Tech Calendar

Friday, November 3, 2017 --.

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SCE: More Wind, Solar, EVs, Electric Water Heaters Key To Meeting Climate Goals

socalTECH

Southern California Edison says it has a plan to meet strict new goals Clean Power and Electrification Pathway. SCE said that climate change and air pollution pose serious threats, with such impacts as sea level rise and longer, more intense heat waves--which the utility points out are already now occurring. SCE urged the state to develop additional electric charging infrastructure and financial incentives that would lower the purchase price of electric vehicles, particularly for low- and middle

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10 Quotes That You Won’t Hear From An Entrepreneur

Startup Professionals Musings

Some people are not cut out to be entrepreneurs. This is a good thing, or the business world would be chaos, with everyone trying to do their own thing. So what about you? How do you know if you should be running your own company, or concentrating on that queue of work that someone else has built for you? I’ve hit this before, but I still hear from too many unhappy entrepreneurs.

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As Facebook Fights Fake News, LeCun Sees Bigger Role for A.I.

Xconomy

As top lawyers from Facebook, Google, and Twitter testify on Capitol Hill this week about Russians using their platforms to interfere in the 2016 U.S. presidential election, it’s becoming clearer that the fight against the spread of fake news won’t be won by humans alone. That’s according to Yann LeCun , a machine learning expert and Facebook’s director of A.I. research.

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ASH Sneak Peeks: Novartis, Juno Update CAR-T Lymphoma Competition

Xconomy

The annual American Society of Hematology meeting is next month. But previews of the big data presentations are out today, yielding more insight into what promises to be the first major competition in CAR-T cell therapy: Treatments for people with non-Hodgkin lymphoma (NHL) who have run out of other options and likely have only a few months to live.

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John Mendlein Passes Torch to New CEO at San Diego’s aTyr Pharma

Xconomy

San Diego-based aTyr Pharma (NASDAQ: LIFE ) said John Mendlein is stepping down as president and CEO, effective today. According to a statement released after the market closed, Sanjay S. Shukla, who has served as aTyr’s chief medical officer since March 2016, is succeeding Mendlein, who plans to continue to serve on aTyr’s board as a non-executive board member.

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Few Opioid Alternatives In Sight as Crisis Gains Political Attention

Xconomy

As opioid-related deaths skyrocket across the U.S., momentum to combat the epidemic has been mounting in Washington. But the crisis has also highlighted a glaring problem that no amount of politics or policymaking will solve soon: The lack of non-addictive pain medicines. “What is disappointing over the last half-century is that we haven’t really created any new, more effective categories of pain medicines,” says Jianren Mao, chief of pain medicine at Massachusetts General Hospital and director

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