Fri.Mar 22, 2019

XPRIZE Backs Forest Health Effort

socalTECH

Los Angeles-based XPRIZE , the nonprofit which runs competitions to encourage the development of new technology to solve some of the world's problems, has put its efforts behind forest health, saying it has put together an outline of potential breakthroughs required for healthier forest ecosystems. The company said its "Future of Forests Impact Roadmap" is being sponsored by Kimberly-Clark Corporation, and might be the basis of future XPRIZE competitions.

Los Angeles Fundingpost VC and Angel Investor Conference

SoCal Tech Calendar

Thursday, March 28, 2019 -- Interested in meeting and pitching to early-stage Angel Investors and Venture Capitalists in Southern California? Register for the FundingPost event on Thursday, March 28th, 2019. FundingPost has hosted 400 sold-out venture events in 22 cities over the past 17 years. At our next event, the panel of Investors will focus on Early-Stage Venture Investing: How to meet investors, pitch them, and what it really takes to get them to write you a check!

Cardea Bio Gets $7.8M For Biosensors

socalTECH

San Diego-based Cardea Bio , a manufacturer of graphene-based, digital biosensors being used to monitor biological systems using semiconductors, announced this morning that it has raised $7.8M in a Series A-1 financing round. The financing was led by Alexandria Venture Investments, and also included Serra Ventures and other new and existing investors. According to the company, it will use the funding to grow its team, for strategic partnerships, and other efforts.

Turning Point Therapeutics Plans IPO to Advance Targeted Cancer Drugs

Xconomy

Turning Point Therapeutics, which is developing targeted cancer drugs for patients whose tumors resist other precision therapies, has outlined plans for an IPO. The company, which started operations in 2014, has raised nearly $148 million since inception.

GoFundMe Shuts Down Anti-Vax Campaigns, Says Report

socalTECH

San Diego- and Redwood City-based crowdfunding sight GoFundMe has banned anti-vaccine crowdfunding efforts on its site, according to reports , in a bid to battle the spread of misinformation. GoFundMe reportedly said that campaigns raising money to promote misinformation about vaccines violate its terms of service. The ban comes as there has been an outbreak internationally of the measles, including major outbeaks on in New York and in the Pacific Northwest, attributed to anti-vaxxers.

Bio Roundup: Sage Postpartum Help, Biogen Bids Adu, Heart Beats & More

Xconomy

One group of people in dire need of medical relief got good news this week. The first drug for postpartum depression was approved. With its complicated logistics, side effects, and potential high cost, it won’t be for everyone who experiences the condition— 1 of every 9 U.S. women giving birth. But at least it’s an option.

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Allied Esports, GameSpot In Sponsorship Deal

socalTECH

Irvine-based esports league operator Allied Esports , and GameSpot , the online site focused on content around videogames which is part of CBS Interactive , said that they are in a sponsorship deal over a new, esports entertainment show. According to the companies, GameSpot will be the sponsor of the premiere episode of PlayTime with KittyPlays, a new esports entertainment show featuring competitive gamers and online game streamer Kristen "KittyPlays" Michaela.

MPAA: Streaming Video Subscriptions Pass Up Cable For First Time

socalTECH

The number of subscribers to online video services have just passed up that of traditional cable, according to an MPAA report today, which said in 2018 that there were 613.3 million subscribers to online video services around the world, a 27 percent increase from 2017. The report says that surpasses the 556.0 million cable subscriptions it tracked in 2018.

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