Tue.Nov 02, 2021

article thumbnail

Shareholders approve Bird-SPAC merger, stock promptly falls

TechCrunch LA

Shares of Switchback II Corporation are off more than 14% in morning trading today, appearing to sell off sharply in the wake of news that the blank-check company’s merger with scooter company Bird has been approved by shareholders. Shares of the SPAC were off as far as 20% before recovering. dot.LA first spotted the vote news ; Bird is based in the Los Angeles metropolitan agglomeration.

News 148
article thumbnail

Spartan Race Teams With FAST Studios For Streaming Channels

socalTECH

Los Angeles-based companies Spartan Race, the sport and wellness brand, and venture studio FAST Studios said on Monday that the two are launching a new, linear streaming channel called SpartanTV. FAST Studios is a venture studio co-founded by Michael Montgomery, Stuart McLean, Rocco Benetton, Alex Ramlie, Charlie Windisch-Graetz, and Leigh Radford. The two said that their new, 24/7 ad-supported free streaming channel is being sponsored by Air Force Special Warfare.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Beachbody Company Names International Partnership Head

socalTECH

Santa Monica-based subscription health and wellness service The Beachbody Company said Monday that it has named Jean-Michel Fournier as President, Global Partnerships and Corporate Development. According to the company, Fournier will lead its global partnership and international development efforts. Fournier previously was CEO of Les Mills Media. Fournier was previously the co-founder of BitGym, a company that developed computer vision using 2D cameras, and also had served at UnitedHealth Group,

Beachbody 113
article thumbnail

Miso Robotics Launches Next Generation Robot

socalTECH

Pasadena-based robot developer Miso Robotics, which develops robots designed for use in assisting in preparing food in quick server restaurants, says it has introduced its next generation product, Flippy 2. According to the company, the updated version of its robot was developed based on feedback from its partner, White Castle. According to Miso Robotics, Flippy 2 takes over the work for an entire fry station and performs more than twice as many food preparation tasks compared to the previous ve

Pasadena 113
article thumbnail

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.

article thumbnail

Shoreline Biosciences Finds $140M

socalTECH

San Diego-based Shoreline Biosciences, a developer of cell immunotherapies for treating solid tumors and hematologic malignancies, has raised $140M in a financing round, the company said today. The funding was led by Ally Bridge Group, and also included new investors Eventide Asset Management, BeiGene, Irving Investors, Kingdon, NS Investment, Piper Heartland Healthcare Capital, and Superstring, along with current investors Boxer Capital, BVF Partners, L.P., Commodore Capital, Cormorant Asset Ma

CIO 113
article thumbnail

DGene Snags $20M For Film Restoration Software

socalTECH

DGene, a content creation company which has a team in Los Angeles, but is based in San Jose, says it has raised $20M in a Series A funding. The company said it is building software "to expand creativity and redefine virtual production and immersive entertainment". The funding was led by Alibaba Group. DGene says it is using artificial intelligence for content creation and restoration.