Tue.Nov 17, 2020

Relativity Space Raising $500M, Says Report

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Los Angeles-based printed rocket technology developer Relativity Space is in the midst of raising $500M, in a funding round which values the company at $2.3 billion, according to a report today from CNBC. The report--citing "people familiar with the financing"--says that so far, investors such as Tiger Global, Social Capital, Playground Global, Y Combinator, Bond Capital, Tribe Capital, Jared Leto and Mark Cuban are expected to participate in the funding.

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LA-based A-Frame, a developer of celebrity-led personal care brands, raises cash for its brand incubator

TechCrunch

A-Frame , a Los Angeles-based developer of personal care brands supported by celebrities, has raised $2 million in a new round of funding led by Initialized Capital.

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Trust & Will Takes $15M More In Series B

socalTECH

San Diego-based Trust & Will , which operates an online estate planning service, has raised $15M in a Series B funding round, the company said on Tuesday.

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SoCal Tech Calendar

Thursday, November 19, 2020 --.

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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.

A-Frame Picks Up $2M For Personal Care Brands

socalTECH

Los Angeles-based startup A-Frame , which says it is launching a number of personal care brands tied to celebrities, has raised $2M in a funding round, the company disclosed Tuesday. The funding was led by Initialized Capital, and also included clothing entrepreneur Moise Emquies. The company's first brand is Keeper Soap, which offers up a hand soap. The company is led by founder and CEO Ari Bloom.

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Wednesday, November 18, 2020 --.

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TechTainment 6.0

SoCal Tech Calendar

Tuesday, November 17, 2020 --.

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Procore Sets Chief People Officer

socalTECH

Carpinteria-based Procore , which develops construction management software, has named Pat Wadors as the company's new Chief People Officer. Wadors was most recently Chief Human Resource Officer (CHRO) at ServiceNow, and also was SVP, Global Talent Organization at LinkedIn, in addition to serving at Plantronics and Yahoo! Wadors also sits on the board of Zenefits, Accolade, and El Camino Hospital. READ MORE>>. procore chief people officer construction management software wadors executive

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Two Bit Circus Rolls Out New, Remote Game Show Platform

socalTECH

Los Angeles-based Two Bit Circus , the developer of micro amusement parks and STEM-inspired experiences, says it has launched a new, online entertainment platform that allows brands to engage their fans remotely. The company--which says that, during the pandemic, it has been intensified its focus on entertaining audiences at home--said it has created a live-hosted game show over streaming video, which can be customaized by brands.

XPRIZE Launches New Pandemic Response Challenge

socalTECH

Los Angeles-based XPRIZE , the group which operates competitions that spur groups and companies to solve major societal challenges, says it has rolled out a new challenge--this one about figuring out how to safely reopen society in the midst of a pandemic. According to XPRIZE, its new challenge, which is being launched in partnership with Cognizant , is called the Pandemic Response Challenge the four month competition.

BioAtla Files For IPO

socalTECH

San Diego-based biotech BioAtla has filed for an IPO, saying that it is looking to raise up to $100M in an IPO on the Nasdaq Global Market as BCAB. The IPO is being underwritten by J.P. Morgan, Jefferies, Credit Suisse, and BTIG. BioAtla is venture backed by Himalaya Parent LLC, Pfizer Ventures, Soleus Private Equity, HBM Healthcare Investments, Baker Bros. Advisors, Cormorant Asset Management, and Zone II Healthcare Holdings.

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