Mon.Nov 30, 2020

Relativity Space Raises $500 Million, Plans to Launch 3D-Printed Rockets Next Year

L.A. Business Journal

The short five-year history of Relativity Space Inc. is like something out of a startup storybook

6 Reasons To Ease Into The Entrepreneur Startup Dream

Startup Professionals Musings

There has long been a big debate about the best approach to starting a new business.

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Relativity Space Raises $500 Million, Plans to Launch 3D-Printed Rockets Next Year

L.A. Business Journal

The short five-year history of Relativity Space Inc. is like something out of a startup storybook

Virgin Orbit Sets New Launch Window

socalTECH

Mojave-based Virgin Orbit will attempt another launch, on December 19th, the company said on Monday, as it looks to successfully put its rocket into space for the first time. The company--which has designed a modified 747 as a mid-air rocket launch platform said it has a launch window open between 10am to 2pm Pacific on Saturday, December 19th, with another launch windos on Sunday, December 20th.

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.

SpaceX Sets Mark for Rocket Reuse

L.A. Business Journal

Space Exploration Technologies Corp. successfully reused a first-stage rocket booster for the seventh time during a launch last week that deployed another 60 satellites as part of its ambitious Starlink program

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Insights: Why Raising a Growth Round Is Getting Much Harder

socalTECH

For today's Insights and Opinions section, we have an article from Ivan Nikkhoo, Managing Partner at Navigate Ventures, who tells us Why Raising a Growth Round Is Getting Much Harder. Most companies that raise their seed and Series A rounds fail, primarily due to a few reasons. Lack of product-market fit and team issues are common. The most common reason, however, is the lack of access to capital, especially growth capital.

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Veritone Connects With NVIDIA

socalTECH

Costa mesa-based artificial intelligence software developer Veritone announced this morning that it now supports the NVIDIA CUDA platform for its AI and machine learning (ML) software. According to Veritone, its support for NVIDIA's CUDA GPU allows its customers tor un its AI and ML tasks both on-premise or in the Microsoft Azure and Amazon Web Services (AWS) clouds.

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Rocket Lab Reaches Milestone With Booster Recovery

L.A. Business Journal

Rocket Lab USA Inc. launched its 16th mission and successfully recovered the launch vehicle’s first-stage rocket

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Inseego Rolls Out 5G MiFi in Switzerland

socalTECH

San Diego-based Inseego , which develops mobile hotspot hardware to provide Wi-Fi hotspots via cellular networks, has rolled out its 5G MiFi mobile hotspot devices to Switzerland. According to Inseego, its 5G MiFi M2000 device is now available in Switzerland on Swisscom's nationwide 5G network. The company said its device supports both 5G using sub-6 GHz bands, and 4G LTE networks in Switzerland. The company's device handles up to 30 Wi-Fi enabled devices. READ MORE>>.

How to Prepare for 5G

Southern California Edison Blog

The fifth generation of mobile wireless communications brings many exciting benefits for consumers and telecom carriers ranging from lower latency to faster download speeds.

Totum Labs Beams In $13M

socalTECH

San Diego-based Totum Labs , a startup developing low power, satellite-based Internet-of-Things hardware, has raised $13M in its Series A funding round, the company said today. The funding was co-led by Heroic Ventures and Space Capital, and also included Qualcomm co-foudner Dr. Andrew Viterbi and strategic investor Wamcom. The company says it has now raised $15.5M in total.

Vivera Pharmaceuticals Gets $440M

socalTECH

Newport Beach-based Vivera Pharmaceuticals has raised $440M in a funding round, from private equity investor JR Dallas Wealth Management, according to the company. Vivera is a supplier of medical testing and supply products, including personal protective equipment. According to Vivera Pharmaceuticals, the financial backing includes both debt and equity for purchase and distribution of its testing and medical supply offerings, including masks, gloves, and gowns.