Canoo Makes Nasdaq Debut
L.A. Business Journal
DECEMBER 22, 2020
Electric vehicle maker Canoo Inc. made its debut as a publicly traded company Dec. 22, following completion of a reverse merger.
Tue.Dec 22, 2020
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EDF Renewables North America In Power Deal In Texas
socalTECH
DECEMBER 22, 2020
San Diego-based clean energy developer EDF Renewables North America said on Monday that it has signed a power purchase agreement (PPA) for part of a new solar energy project in Texas. The company said that it has signed a 55 megawatt PPA with BASF for the new project, which is located in Wharton County, Texas. EDF Renewables said its new Space City Solar project is expected to start construction in summer of 2021, and will have a capacity of up to 345 MW.
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Reflections on 2020: Kelly Perdew, Moonshots Capital
socalTECH
DECEMBER 22, 2020
Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's high tech community. We'll be posting these throughout the next two weeks. Today, we have Kelly Perdew , Co-founder and General Partner of Moonshots Capital. You will be able to get to all of these posts on our 2020 reflections here. Are you a founder, CEO, or investor who would like to participate?
Perch Picks Up $2.5M For Credit Building App
socalTECH
DECEMBER 22, 2020
Los Angeles-based Perch , a startup which helps users grow their credit by allowing them to pay for such things as Netflix, Spotify, Hulu, and other services on credit, has raised $2.5M in a seed funding, the company said this week. The funding came from Marcy Venture Partners, Citi, Softbank Group Opportunity Fund, Concrete Rose, and Village Capital.
Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19
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.
Sensei Ag, Backed by Oracle's Ellison, Names Advisory Board
socalTECH
DECEMBER 22, 2020
Santa Monica-based Sensei Ag , the Larry Ellison-backed startup focused on food supply and agricultural technology, has named a new advisory board. The startup said its Advisory Board now includes Amy Povich Agus, Dr. Leslie H. Fuchigami and Dr. Mary K. Wagner, who it says are executives in the agricultural, food, consumer, and scientific industries.
8minute Solar Energy Ups Credit To $350M
socalTECH
DECEMBER 22, 2020
Los Angeles-based solar power project developer 8minute Solar Energy said today that it has upsized a letter of credit it received, upping the originally $225M letter of credit and revolving credit facility to $350M. The company said the additional $125M in the facility comes from includes new lenders Deutsche Bank, Landesbank Hessen-Thuringen (Helaba), and Norddeutsche Landesbank (NORD/LB).
Neomorph Finds $109M
socalTECH
DECEMBER 22, 2020
San Diego-based Neomorph , a biotech startup focused on protein degradation, said today that it has raised $109M in a Series A funding. The funding came from Deerfield Management. The company said its targeted protein degradation technology is aimed at developing novel therapeutics across a broad range of disease areas, including oncology. The company's scientific founders are Phil Chamberlain, DPhil; Eric Fischer, PhD; Benjamin Ebert, MD, PhD; and Scott Armstrong, MD, PhD.
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