TechCrunch LA

OCTOBER 1, 2019

With $140 million in new financing, Relativity Space is now one step closer to fulfilling its founders’ vision of making the first rockets on Mars. Tagging along for the ride are a motley assortment of millionaires and billionaires, movie stars and media moguls that are providing the money the rocket launch services provider and manufacturer of large-scale, 3-D printers needs to achieve its goals.

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Chief Technology Officer SpaceX Los Angeles Venture Capital 168

socalTECH

OCTOBER 1, 2019

Los Angeles-based Dave , a fintech startup which offers up tools that helps users track their spending and avoid overdraft fees, has raised $50M more in a funding round, according to the company. The funding apparently values Dave at $1 billion. The new funding came from Norwest Venture Partners. Dave--which is led by co-founder and CEO Jason Wilk--offers up a range of financial tools which run on the company's platform to help consumers with saving money.

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L.A. Business Journal

OCTOBER 1, 2019

Financial management app developer Dave Inc. raised $50 million from Palo Alto-based growth equity investors Norwest Venture Partners.

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socalTECH

OCTOBER 1, 2019

Los Angeles-based medical implant maker Second Sight Medical said today that it has been chosen for a $2.4M, four-year grant from the National Institutes of Health (NIH). According to Second Sight Medical, the four year grant will go to help develop spatial localization and mapping technology, and for integration of that technology into its implantable visual prosthetics.

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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.

Company

Xconomy

OCTOBER 1, 2019

Amazon Web Services (AWS), the first “public cloud” offering third-party data storage and compute services, launched in March 2006, and by 2012, there were multiple credible competitors. The hype was strong. Back then, cloud evangelists were predicting that essentially everything in the enterprise data center would migrate to one of just a few public clouds.

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socalTECH

OCTOBER 1, 2019

San Diego-based Molecular Assemblies , a developer of enzymatic DNA synthesis technology, has raised $12.2M in its Series A funding round, the company said this morning. According to the company, the financing was led by iSelect Fund, and also included Agilent Technologies, Alexandria Venture Investments, and Keshif Ventures, all existing investors in the company.

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socalTECH

OCTOBER 1, 2019

San Diego-based Immunicom , a developer of immunotherapy products for treating cancer, has raised $1.85M in its Series B funding, bringing the total raised in its Series B to $12.85M, the company said today. According to Immunicom, it has now raised $21.85M in total. Immunicom says it is developing a non-pharmaceutical solution for treating stage IV metastatic cancer.

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Xconomy

OCTOBER 1, 2019

Biologists have been using artificially created DNA, produced through what’s known as chemical DNA synthesis, as a research tool for decades. Now, as demand for engineered DNA rises, a handful of startups are vying to become the go-to provider for researchers looking for improved versions of the DNA sequences. Molecular Assemblies is among the companies working to commercialize what’s known as enzymatic DNA synthesis.

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socalTECH

OCTOBER 1, 2019

In today's Insights and Opinions section, we have a post from Alejandro Guerrero of Silicon Valley Bank. This post aims to bring attention to another community that I call The 1%  the Latinx Venture Capitalist (VCs) who represent only 1% of all the VCs in the U.S. even though the Latinx community represents 18% of the U.S. population. Once the latest diversity in venture capital figures were released, I wasnt surprised to see the low levels of diversity in venture capital  that was expected

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socalTECH

OCTOBER 1, 2019

Los Angeles-based Knowable , which offers up paid, audio classes on a wide range of topics, said it launched on Tuesday morning, charging students $100 per student for access to a wide range of audio course on topics ranging from launching a startup to sleeping better at night. According to the startup, it raised $3.75M in a seed funding round for the company, which was led by Andreessen Horowitz, and also included Upfront Ventures, First Round Capital, and Initialized Capital.

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Class Seed Funding Course Los Angeles 113

socalTECH

OCTOBER 1, 2019

San Diego-based Quake Global a provider of Internet-of-Things automation and process automation products and services, has acquired Skynet Healthcare Technologies Inc. , a provider of real-time-location-systems (RTLS) products for the senior care market. Financial details of the acquisition were not announced. Quake Global said the acquisition will help it expand its market reach.

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socalTECH

OCTOBER 1, 2019

Los Angeles-based Relativity Space , which is developing technology to 3D print rockets, has raised $140M in a Series C funding round, the company announced on Tuesday morning. According to the company, the funding was led by Bond and Tribe Capital. The funding also included Lee Fixel, Michael Ovitz, Spencer Rascoff, Republic Labs, and Jared Leto, along with Playground Global, Y Combinator, Social Capital, and Mark Cuban.

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socalTECH

OCTOBER 1, 2019

Our video interview today is with Morgan Sacco , the founder of Athena.LA (www.athena.la), a networking group aimed at women in Los Angeles. READ MORE>>.

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socalTECH

OCTOBER 1, 2019

San Diego-based life sciences equipment maker Illumina and the Broad Institute READ MORE>>.

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