Wed.Nov 06, 2019

Elon Musk will reveal Tesla’s ‘Cybertruck’ all-electric pickup on Nov. 21

TechCrunch LA

Tesla CEO Elon Musk said Wednesday that the company will unveil its all-electric “cyber truck” Nov. 21 in Los Angeles near the serial entrepreneur’s other company SpaceX. The date just so happens to coincide with the LA Auto Show.

Video Interview: Jakob vanZyl, Hydrosat

socalTECH

Our video interview today is with Jakob vanZyl , the co-founder and CEO of Hydrosat (www.hydrosat.com), a startup developing satellites to monitor the moisture of every spot on earth, at high resolution, every four days. READ MORE>>.

As developers embrace Kubernetes, Replicated launches tools to manage its deployments

TechCrunch LA

Five years ago, when the Los Angeles-based enterprise software startup Replicated first launched, it was one of a number of contenders looking to bring containerized software development tools to businesses.

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Virgin Orbit Snags $9.5M Grant To Set Up UK Launch Facility

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Long Beach-based Virgin Orbit , the small satellite launch company founded by Richard Branson, has received a $9.5M grant from the United Kingdom's Space Agency (UKSA), to help the company set up a launch site in Cornwall, UK. According to Virgin Orbit, the new site will be part of Cornwall Airport Newquay, and will be called Spaceport Cornwall.

10 Ways To Trample And Smother Business Innovation

Startup Professionals Musings

Success in any business these days requires a constant flow of new and innovative solutions, to keep up with changes in the market, competition, and to attract new customers.

Daasity Gets $2.3M For Business Data Analytics

socalTECH

San Diego-based Daasity , a startup working on data analytics for direct-to-consumer retailers, has raised $2.3M in a funding round, the company said this week. The funding was led by Okapi Venture Capital, and also included Serra Ventures, Cove Fund II, 1855 Capital, and Mooring Ventures LLC. According to the company, it has developed a platform that addresses the critical steps of data extraction, transformation, and analysis to give end users access to business data and metrics.

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Valence Connects With $2.5M For Black Social Networking

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Los Angeles-based Valence , which is developing a social network specifically for black professionals, has raised $2.5M in funding, the company said this week. The funding was led by Upfront Ventures, and also included funding from Sinai Ventures, Human Ventures, High Alpha and angels Paul Judge, Peggy Alford and Willie Alford. The company was co-founded by Upfront's Kobie Fuller, along with La Mer Walker and Emily Slade.

AstraZeneca Chooses China for R&D and AI Centers, $1B Biotech Fund

Xconomy

AstraZeneca says it will establish centers for drug research and artificial intelligence development in China. The pharmaceutical giant has also set up a $1 billion fund to foster biotech innovation in that country. The move – which was announced at the China International Import Expo this week – will see the AstraZeneca found a global R&D center in Shanghai’s central Jing’an district.

A2 Biotherapeutics, Founded By Amgen Vets, Gets $57M For Cell Therapies

socalTECH

Agoura Hills-based A2 Biotherapeutics , a biotechnology firm started by veterans of Amgen which is developing cell therapies for cancer patients, has raised $57M in a Series A funding round, the company said this week. The startup was founded by Scott Foraker and Alexander Kamb. The funding came from The Column Group, Vida Ventures, Samsara BioCapital and Nextech Invest. Kamb was formerly SVP of Research at Amgen.

GE Healthcare Opens Startup Labs at Former AstraZeneca UK R&D Site

Xconomy

The doors have opened at a GE Healthcare-supported open-access lab for startups at AstraZeneca’s former global center for oncology research and development at Alderley Park, the largest bioscience research campus in the UK. The AstraZeneca (NYSE: AZN ) site in Macclesfield, UK, housed 3,500 staff and was instrumental in developing a number of its cancer drugs including tamoxifen (Nolvadex), goserelin (Zoladex), bicalutamide (Casodex), anastrozole (Arimidex), and gefitinib (Iressa).

Ordermark, Uber Eats In Partnership, Technology Integration Deal

socalTECH

Los Angeles-based Ordermark , the restaurant software and services developer spawned out of LA's iconic Canter's Deli, has inked a technology and technology integration deal with Uber Eats , Uber's food delivery service, the two said on wednesday. According to the two, the partnership and technology integration will push Uber Eats orders to the Ordermark Dashboard, making it easier for restaurants to use Uber Eats and manage off-premise orders.

Agentology Becomes Verse.io

socalTECH

San Diego-based lead management software developer Agentology has renamed itself Verse.io , the company said on Tuesday, in a rebranding effort for the company. The company says it develops a platform which addresses lead engagement for real estate, and offers up its tools to real estate and mortgage professionals, teams, brokerages, companies, leading search portals, CRMs, and others. The company is led by CEO David Tal. READ MORE>>.

Q-CTRL Sets Up US Headquarters In LA

socalTECH

Q-CTRL , a quantum computing startup started in Sydney, Australia, says it has set up a new, U.S. headquarters in Los Angeles. According to the company, it is looking to recruit quantum computing technologists as well as software engineers experienced in AI and machine learning here at its new location, where it says it will help serve its based of industrial and academic clients here in the United States.

Viasat Wins EL AL Israel Airlines

socalTECH

Carlsbad-based satellite communications provider Viasat has scored a win with EL AL Israel Airlines , and will power high-speed Internet on EL AL's widebody and narrowbody aircraft, according to the two companies. According to the companies, they have added EL AL's Boeing 777 widebody fleet to and existing agreement where Viasat is supplying its satellite communications systems on EL AL's Boeing 787 Dreamliner, Boeing 737-900 and part of Boeing 737-800 aircraft.

HMBradley Raises $3.5M For Digital Banking Startup

socalTECH

Santa Monica-based HMBradley , a new fintech startup focused on digital banking, has raised $3.5M in a funding round, the company announced this morning. The seed funding was led by Accomplice Ventures and Walkabout Ventures, along with Mucker Capital, Index Ventures and others including HVF Labs (Max Levchin's startup studio).

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