TechCrunch LA
APRIL 7, 2020
In a sign of just how broken the process is for startups looking to receive stimulus dollars, Silicon Valley Bank, the bank that claims “more innovative startups bank with us than any other bank,” only just began processing claims today. “Since the CARES Act and the PPP were announced, we have been hard at work advocating for our clients to have access to this funding.
Tech.Co
APRIL 7, 2020
The current Covid-19 pandemic has had an epochal effect on businesses, and even the humble office space has taken a blow, with millions of us now working from home. While most companies are able to continue operating with employees remote working, what about those businesses where the office itself is the revenue model? One such business is LABS, a shared office space company that has eight locations in London, plus one in Tel Aviv.
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socalTECH
APRIL 7, 2020
A SpaceX Dragon spacecraft successfully splashed down 300 miles southwest of Long Beach at 2:50pm on Tuesday, after the 20th cargo resupply mission to the International Space Station for NASA. The spacecraft was loaded with more than 4,000 pounds of scientific experiments and cargo. According to NASA, experiments on the returning Dragon included one focused on making food and nutrients in space; an experiment focused on developing technology for printing human organs in space, and a 3D heart cel
Xconomy
APRIL 7, 2020
Inovio Pharmaceuticals, one of the biotechs developing a vaccine to prevent COVID-19, has received the FDA’s OK to start testing its candidate in healthy volunteers. The Plymouth Meeting, PA-based company, which also conducts research in San Diego, plans to enroll as many as 40 adults across two trial locations. Inovio (NASDAQ: INO ) said Monday it anticipated dosing its first patient that day.
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.
socalTECH
APRIL 7, 2020
Santa Monica-based Headspace is looking to help New Yorkers manage their stress with a new website , offering up a number of exercises to help people reduce their stress levels during the pandemic. The site--launched on Monday in partnership with New York Governor Cuomo--is available both in English as well as Spanish. The company said the special NY collection of meditation, sleep, and movement exercises are specifically aimed at helping New Yorkers through stressful and challenging times.
socalTECH
APRIL 7, 2020
San Diego-based Ligand Pharmaceuticals said last week that it has completed its $15M cash acquisition of the core assets of Icagen's North Carolina operations. Ligand Pharmaceuticals said it acquired the core assets, partnered programs, and ion channel technologies from Icagen. In addition to the $15M in cash, Ligand said that Icagen is entitled to receive additional cash payments based on certain revenue achievements.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
socalTECH
APRIL 7, 2020
Los Angeles-based J2 Global announced this morning that it has acquired two more companies, adding to the very extensive list of companies the company has acquired over the years. J2Global said it acquired Migrain Again and SRFax , both during the first quarter of 2020. Financial terms of the acquisitions were not announced. According to J2 Global it does not expect either of the acquisitions to be material.
socalTECH
APRIL 7, 2020
Pasadena-based Miso Robotics , which is developing robots for the quick serve restaurant industry, says it has launched a new Series C crowdfunding campaign, where it hopes to raise a total of $30M in funding. According to the company, it has over $2.6M in "reservations" as part of the round, which it says it is running in collaboration with SeedInvest and Wavemaker Labs.
socalTECH
APRIL 7, 2020
Playa Vista-based eResonate Media , a startup which is working on a live music streaming platform, said this morning that it has raised $1M in a funding round. The convertible note offering will go towards the company's planned launch later this year. According to the company, it is working on live streaming of a user's favorite bands to their mobile or other devices.
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