Tue.Oct 08, 2019

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Thin Line Capital Launches New Energy, Sustainability Fund

socalTECH

Pasadena-based Thin Line Capital announced this morning that it has launched a brand new, energey and sustainability fund, which will invest in cleantech investing. The new firm, led by serial entrepnd investor Aaron Fyke, said its seed stage fund has had its first close of over $5 million. Fyke previously had been CEO of multiple companies for Idealab, and also was a cleantech investor at Starfish Ventures in Australia.

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EV subscription startup Canoo, co-founder sued for alleged harassment

TechCrunch LA

Just weeks after Canoo took the wraps off of its electric vehicle , the Los Angeles-based startup and co-founder Stefan Krause has been accused of gender and marital discrimination, harassment, breach of contract, and wrongful termination in a lawsuit filed Tuesday. The lawsuit, which was filed by Christina Krause, the company’s former head of communications and Stefan Krause’s wife, was first reported by The Verge.

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Linksys Launches Motion Sensing WiFi Technology

socalTECH

Los Angeles-based Linksys , the connect home and networking division of Belkin , has rolled out a new, in-home motion sensing technology, which will alert users of motion in their home--without the installation of other hardware. The new system appears to use the variation in Wi-Fi signals to detect when there is motion within the range of the Linksys mesh network.

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LabFellows Looks to Become “Operating System” For Life Sciences Cos.

Xconomy

Scientists, no matter how sexy the research they’re conducting, aren’t immune from the administrative minutiae of office life. Such tasks steal time away from researchers’ main objectives. However, that wasn’t the problem San Diego startup LabFellows was looking to solve when it launched in 2014. Founders Julio de Unamuno IV (pictured) and Tim Ryan saw an opportunity to serve small research groups and nascent biotechs by offering fully outfitted lab space—think WeWork, plus Bunsen burners.

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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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The Trade Desk Names Chief Data, Trust Officer

socalTECH

Ventura-based The Trade Desk announced this morning that it has named Sandeep Swadia as its new Executive Vice President, Chief Data and Trust Officer. Swadia was most recently CEO of White Ops, a company in the digital advertising fraud prevention area, and according to The Trade Desk, has more than 20 years of experience in the technology and media industry.

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MedMen Terminates PharmaCann Purchase, CFO

L.A. Business Journal

Cannabis retailer MedMen Enterprises Inc. terminated an agreement to acquire pot cultivator PharmaCann.

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Two Bit Circus Foundation Anti-Gala

SoCal Tech Calendar

Monday, October 14, 2019 --.

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AttackIQ Expands In Australia

socalTECH

San Diego-based AttackIQ , a venture backed startup in the continuous security validation market, says it has expanded in Australia, opening up new regional offices in Sydney and Melbourne. According to AttackIQ, the expansion will help it better serve partners int he APAC region. AttackIQ recently raised $17.6M in its Series B funding, which came from Khosla Ventures, Index Ventures, Salesforce Ventures and Telstra Ventures.

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Blizzard Entertainment Suspends Competitor After Support For Hong Kong Protests

socalTECH

Los Angeles-based Blizzard Entertainment has been unwillingly pulled into the ongoing political maelstrom in Hong Kong, after one of the competitors in its Hearthstone Grandmasters tournament expressed his support for protesters in Hong Kong on a post-game interview. Chung "Blitzchung" Ng Wai expressed his support for protesters in Hong Kong. Hong Kong has been embroiled in what has been a sometime violent protest against local police and the Chinese government all month.