Mon.Aug 02, 2021

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Vegas-to-LA Rail Developer Buys Land for Second Station

L.A. Business Journal

With its announcement of a land acquisition in Las Vegas last month, the developer of a high-speed rail line between Las Vegas and Southern California now has land for two key stations.

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8 Ways To Minimize Entrepreneur Burnout In A Startup

Startup Professionals Musings

New entrepreneurs routinely jump into a startup with a full charge of passion and energy, but often find themselves drained of both after a few months by the workload and challenges. As a result, burnout and loss of passion are consistently listed among the top causes of startup failure, according to many experts. The challenge is find ways to continually recharge along the way.

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That’s No Moon Launches With $100 Million Investment

L.A. Business Journal

Sawtelle-based gaming studio That’s No Moon Entertainment Inc. launched July 28 with a $100 million investment from Smilegate Entertainment, a global game development company based in Seoul, South Korea.

Invest 264
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Transphorm Joint Venture Acquires Fab Facility In Japan

socalTECH

Goleta-based gallium nitride (GaN) power conversion device maker Transphorm says it has acquired a wafer fabrication operation in Japan. According to Transphorm, the acquisition of 100% interest in the Company's AFSW wafer-fab facility is by GaNovation, Transphorm's recent joint venture with Palo Alto-based JCP Capital, a new strategic-financial partner.

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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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Jam City Still Eying Public Offering After Canceling SPAC

L.A. Business Journal

Culver City-based mobile gaming company Jam City Inc., which canceled plans for a SPAC merger last week, will continue to pursue a public offering.

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Alteryx Ties With Snowflake

socalTECH

Irvine-based analytics software developer Alteryx says it has linked up with Snowflake, the developer of cloud data software. According to Alteryx, it has become an "Elite Technology Partner" in Snowflake's partner program. Alteryx is a developer of analytics, data, and business process automation software.

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Armata Pharmaceuticals Swizzles CEO

socalTECH

Marina Del Ray-based biotech Armata Pharmaceuticals said today that it has swizzled its CEO, saying that its current CEO, Todd R. Patrick, is retiring, and the company has appointed Brian Varnum, Ph.D., as its new CEO. Varnum was previously President and Chief Development Officer. The company said that Patrick will continue to serve on its board, and serve as a special advisor to the company through at least 2022.

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LAX Makes Headway on $14.5 Billion Modernization

L.A. Business Journal

Last month saw several significant milestones on different fronts in the $14.5 billion effort to modernize Los Angeles International Airport.

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Meta Data Software Acquired By Founder Of Rightsline

socalTECH

Los Angeles-based Meta Data Software, a company which develops software for managing media and entertainment catalogs and metadata, has been acquired by Rob Delf, the former founder of Rightsline. Financial terms of the acquisition were not announced. According to the company, the deal was backed by growth capital from private equity founder Salem Partners.

Software 113
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Media, Entertainment Drive LA’s Growth as a Tech Hub

L.A. Business Journal

Los Angeles is cementing its status as a hotspot for the tech industry.

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Modern Animal Snags $75.5M For Veterinary Care

socalTECH

Los Angeles-based Modern Animal, a new startup which offers up veterinary care, has raised $75.5M in funding. The company is developing what it calls a "modern" veterinary clinic. The funding included both a $35.5M Series A funding, led by True Ventures, and a $40M Series B funding led by Founders Fund. The funding also included Upfront Ventures. According to the company, the funding will be used for rapid expansion, plus continued development of the company.

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Inspire Energy Acquired by Shell

L.A. Business Journal

It’s quite an ironic company exit.

Company 246
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Tetra Tech Acquires UK Consulting Firm

L.A. Business Journal

Pasadena-based consulting and engineering firm Tetra Tech Inc. has added to its British collection.

Pasadena 130