Fri.Mar 01, 2019

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Beanfields Gets Series B Round For Snack Brand

socalTECH

Los Angeles-based food brand Beanfields , a manufacturer of vegan, gluten-free, non-GMO, kosher chips, said this week that it has raised a Series B funding round. The funding was led by PowerPlant Ventures, and also included NRV and Western Technology Investment. Size of the funding was not announced. PowerPlant Ventures acquired the majority ownership of Beanfields back in 2017.

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Global LAVA: Investing in Israeli Start-Ups

SoCal Tech Calendar

Thursday, March 7, 2019 -- Global LAVA: Investing in Israeli Start-Ups. Panelists: Liron Brish - CEO of Farm Dog; Liat Sade-Sternberg - CEO of fuse.it; Guy Katsovich, co-founder of Fusion LA.

LAVA 100
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Jet Edge International Raises $60M For Aviation Services

socalTECH

Van Nuys-based Jet Edge International , a provider of aircraft management and private jet charter services, said this week that it has raised $60M in a equity and debt funding round. The funding was led by Los Angeles-based private equity investor Solace Capital Partners. The company said it will use the funding to fund strategic initiatives. Jet Edge says it currently manages more than 50 large-cabin and super-midsize aircraft.

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Newport Beach Investment

SoCal Tech Calendar

Thursday, March 7, 2019 -- Newport Beach Investment Networking Expo. Evening of investment networking at Fashion Island's Mariposa Restaurant as we bring together Southern California's top investment professionals to form new connections and discuss opportunities.

Invest 100
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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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Taoglas Rolls Out New LTE Antennas For DAS

socalTECH

San Diego-based antenna developer Taoglas , which develops antennas for the Internet-of-Things and automotive markets, said that it has launched a new line of MIMO LTE antennas, used for indoor distribution antenna systems (iDAS). According to the company, the new antennas are designed for DAS systems improving connectivity for indoor locations such as office buildings, stadiums, conference centers, shopping malls, hotels and other locations.

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5 Keys To Career And Business Success For Introverts

Startup Professionals Musings

In this age where every person feels the need for a relationship with people they do business with, introverts like me might seem to be at a distinct disadvantage. Most of us just don’t have the urge to proactively get out and talk to new people, face-to-face, online, or through an app. This is equally hard at work, especially when many of our peers may be remote, anywhere in the world.

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SPECIAL REPORT: 2019 Biopharma Outlook – Facing an Uncertain Future

Xconomy

After years of boom times, the U.S. biopharmaceutical industry is dealing with unprecedented threats on several fronts: public backlash against high drug prices, slowing sales, and the possibility of more government regulation. In this Xconomy Special Report, our veteran biotech journalists Alex Lash and Ben Fidler bring you deep insights, based on conversations with key industry leaders, on what 2019 and beyond hold for biopharmaceutical companies.

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Report: Faraday Future Now Has 11 Lawsuits Filed Against Firm

socalTECH

A new report says that there are now a total of 11 lawsuits filed against troubled Los Angeles-based electric car maker Faraday Future , as it struggles to restart its operations after massive layoffs after its main investor, Evergrande Health, pulled its support from the firm. The lawsuits--filed against the company by its suppliers and contractors-- reportedly seek nearly $80M in back payments, damages, and fees, mostly over unpaid bills.

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Bio Roundup: Pharma in D.C., Bristol-Cel in Trouble, Roche Gets A Spark

Xconomy

Could a shareholder revolt doom the planned marriage of Bristol-Myers Squibb and Celgene? Analysts have hinted at the possibility since the two companies shook hands in January , but the threat became real this week. Bristol (NYSE: BMY ) and Celgene (NASDAQ: CELG ) have campaignned heavily, starting with a joint presentation by their CEOs at the J.P.

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SpaceX Set To Launch Crew Dragon Test Flight On Saturday

socalTECH

In an important move towards launching astronauts into space, Hawthorne, California-based SpaceX is getting set to launch an important, test flight of its Crew Dragon on Saturday, from Florida. The first Crew Dragon spacecraft was rolled out onto Launch Pad 39A at the Kennedy Space Center on Thursday, where it is now being prepped for an early Saturday morning launch.

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Verimatrix Acquired By InsideSecure For $147M

socalTECH

San Diego-based Verimatrix , a developer of security software for video service providers, set top-box providers, and others, has been acquired by French company Inside Secure , according to Inside Secure. Inside Secure paid $138.1M in cash, plus up to $9.8M in escrow to cover potential post-closing adjustments and earnout. According to Inside Secure, the two companies have a complementary, large global customer base across the entertainment, mobile, and IoT industries.

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