Tue.Apr 28, 2020

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Electric charging gets more juice as Soros Fund Management makes a bet on Amply Power

TechCrunch LA

Even as oil companies are getting crushed by the collapse of demand for energy in the wake of international shutdowns responding to the global pandemic, investors representing one of the world’s savviest financiers are placing a small bet on electric charging as the future of transportation. Soros Fund Management, the financial investment vehicle led by famed investor George Soros, is placing a small, $13.2 million bet, alongside Siemens and a host of other investors into the Los Angeles-b

Funding 267
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HyperX Links With Music's HIT COMMAND

socalTECH

Fountain Valley-based gaming products brand HyperX says it is in a collaboration with HIT COMMAND , a subsidiary of Red Light Management, to bring music and entertainment celebrities from HIT COMMAND to the world of gaming and esports. According to the two companies, they are "creating a new experience that merges entertainment and gaming." The two said that HyperX will become the "Preferred Peripherals Partner" for several live and online events in development between the two companies.

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Scopely Acquires PierPlay, Developer Of Scrabble Go

socalTECH

Los Angeles-based mobile games developer Scopely PierPlay , the mobile game developer behind the popular game "Scrabble Go". Financial terms of the acquisition were not announced. Scrabble Go launched in March, and is based on the Scrabble title, which was licensed from Hasbro and Mattel. Scrabble Go is PierPlay's first title. Scopely was the publisher on Scrabble Go.

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Embodied Rolls Out Companion Robot, Moxie

socalTECH

Pasadena-based robotics developer Embodied , led by Paolo Pirjanian, the former CTO of iRobot, said this morning that it has launched Moxie , the company's first product. The company said Moxie is an "animate companion" aimed at helping to promote social, emotional, and cognitive learning for children. The company says its robot incorporates machine learning technology, which it says allows it to perceive, process and respond to natural conversation, eye contact, facial expressions and other beh

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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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Medata Launches New Medical Pricing Tool

socalTECH

Irvine-based Medata , which develops bill review software for group health, workers' compensation and auto liability companies, says it has rolled out a new tool for medical services pricing called Lookup. The company said the new service--which starts at $25 for individual users--is aimed at smaller insurance carriers, Medicare Set-Aside companies, life care planners, law offices, nurse case managers, hospitals and doctors' offices.

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Denovo Biopharma Acquires Tocagen's Replicating Gene Therapy Platform

socalTECH

San Diego-based Denovo Biopharma said this morning that it has acquired the entire replicating gene therapy platform from Tocagen. Financial details of the acquisition were not announced. Denovo Biopharma said it acquired retroviral replicating vector platform (RRV) in its entirety, including its investigational gene therapy and drug regimen for oncology: Toca 511 and Toca FC (now known as DB107), and several early-stage development programs, including programs targeting PD-L1 and other immunoon

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