Fri.Jul 24, 2020

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Sensei Ag, Backed By Larry Ellison, Launches AgTech Efforts

socalTECH

A new, Santa Monica-based startup, Sensi Ag , which was founded by Oracle co-founder Larry Ellison, and Dr. David Agus, founding director of USC's Lawrence J. Ellison Institute for Transformative Medicine, said on Thursday that it has launched to tackle food growing, indoor farming, and other agtech efforts. The new company was split off from Sensei Holdings, the combined leisure and agriculture company run by Ellison on the Hawaiian island of Lana'i.

Oracle 124
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6 Today Strategies For Creating The Next Killer Brand

Startup Professionals Musings

Brand loyalty is still critical for your business growth, but is becoming tougher and tougher to achieve and hold. According to studies , the alternative of acquiring new customers still costs you five to seven times more than retaining existing ones. But customers today are fickle, instantly aware of every new alternative, due to the Internet and social media, and not afraid to change.

Customer 136
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Casa Verde Capital Invests In Proper's Sleep Supplements

socalTECH

Hollywood-based Casa Verde Capital , the venture capital firm run by Snoop Dogg, has led a $9.5M investment in Proper a New York startup which says it is developing "evidence-backed" supplements and personalized coaching to help people sleep. Casa Verde acpital typically only invests in cannabis investments; Proper says it is about to embark on a study of CBD to add to its formulations.

Invest 113
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Bio Roundup: Jazz Drug OK’d, Gilead’s Bet, Moderna Patent Decision & More

Xconomy

EQRx launched in January during the JP Morgan Healthcare Conference with an audacious pledge to create 10 new drugs in as many years and then sell them at “dramatically” lower prices than existing medicines. But it offered few specifics about how it would achieve those goals. This week, drug licensing deals it made with two publicly traded companies spurred it to say more.

Patents 77
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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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Wave.tv Snags $32M For Sports Media

socalTECH

Los Angeles-based Wave.tv , a sports media company focused on Instagram, Snapchat, Facebook, Youtube, and Tiktok, said this week that it raised $32M in its Series A funding round. The funding--which included both equity and debt--was led by CoVenture and GPS Partners, and also included existing investor Golden Ventures and Sweet Capital. The company said the funding will go to expand its portfolio of media brands.

Media 113
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Religion of Sports Raises $10M For Sports Media

socalTECH

Santa Monica-based Religion of Sports , a startup created by quarterback Tom Brady, said on Thursday that it has raised $10M in a funding round for its sports media efforts. The funding came from Elysian Park, Advancit, Courtside Ventures, LinkinFirm, and others. The company is best known for podcasts and feature films like Tom vs. Time, Stphen vs. The Game, Greatness Code, and Shut Up and Dribble.

Media 100