L.A. Business Journal

DECEMBER 13, 2021

Space Exploration Technologies Corp. commenced construction in Florida on a launchpad to send its Starship Mars rocket to the red planet.

SpaceX 246

SpaceX Technology 246

socalTECH

DECEMBER 13, 2021

Goleta-based gallium nitride (GaN) power conversion semiconductor developer Transphorm says it has received $12.9M in a private placement. The publicly traded company (OTC) said the funding came from MCM Investment Partners, as well as Boardman Bay Capital Management. The company said the investments come as a part of a plan to uplist its shares of common stock on the Nasdaq.

Invest 196

Invest Marketing Capital Funding 196

L.A. Business Journal

DECEMBER 13, 2021

SEA Electric Holdings in Torrance announced it’s working with an Illinois-based bus and van dealer on modernizing approximately 10,000 used school buses by replacing their diesel engines with its proprietary battery electric power system.

Torrance 130

Torrance 130

socalTECH

DECEMBER 13, 2021

In a bid to make it easier for consumers to get personalized wine recommendations, San Luis Obispo-based startup Tastry said it has launched a new artificial intelligence-powered service for wine recommendations. The company said its service, Tastry Uncorked, is an artificial intelligence tool which provides personalized wine recommendations for online retailers and wineries.

Artificial Inteligence 176

Artificial Inteligence Tool Startup Services 176

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

L.A. Business Journal

DECEMBER 13, 2021

Tagger Media Inc. received an additional $15 million in funding from Five Elms Capital following a $8.5 million Series A investment by the firm earlier this year.

Media 130

Media Capital Software Invest 130

Startup Professionals Musings

DECEMBER 13, 2021

In my role as mentor to many of you aspiring entrepreneurs, I often find you convinced that all you need to start is a unique innovation or idea , and now you are ready to jump in with both feet and enjoy the ride. Unfortunately, from my own experience, it’s not that simple, and not doing some preparation first can easily result in stress, lack of satisfaction, and a hard road to success.

Satisfaction 135

Satisfaction Entrepreneur Startup Mentor 135

socalTECH

DECEMBER 13, 2021

Los Angeles-based Sensible Weather, a new startup which reimburses travelers when bad weather impacts their trips, says it has raised $4M in a seed funding round. The funding was led by Wonder Ventures and Walkout Ventures, and also included Group 1001, Spencer Rascoff's 75 & Sunny Ventures, Raj Gokal of Solana Labs, Spike Lipkin & Gordon Wintrob of Newfront Insurance, and Kiran Bhatraju of Arcadia Energy.

Arcadia 113

Arcadia Seed Funding Research Examples 113

socalTECH

DECEMBER 13, 2021

Los Angeles-based Wonder Dynamics, a startup founded by actor Tye Sheridan of "Ready Player One", said it has raised $9M in a Series A funding round. The funding was led by Horizons Ventures and also included Epic Games and Samsung Next. The company said it is building artificial intelligence (AI) technology for the film and "Metaverse" markets. The company said it is developing AI-powered production tools, which provides improved cost and speed for media production and post-production.

Artificial Inteligence 113

Artificial Inteligence Los Angeles Tool Media 113