Fri.Sep 10, 2021

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The Changing Venture Landscape

Both Sides of the Table

The world around us is being disrupted by the acceleration of technology into more industries and more consumer applications. Society is reorienting to a new post-pandemic norm?—?even before the pandemic itself has been fully tamed. And the loosening of federal monetary policies, particularly in the US, has pushed more dollars into the venture ecosystems at every stage of financing.

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Sonos Continues To Battle Google Over Patents

socalTECH

Santa Barbara-based smart speaker manufacturer Sonos is continuing to battle Google over patents, asking the U.S. International Trade Commission this week to reject a judge's blessing of a software design change to avoid infringing on Sonos patents. Sonos called the Google changes "half-baked" and "trivial". Sonos sued Google in January of 2020, alleging patent infringement on a number of its patents, as Google's smart speakers have cut into Sonos sales.

Patents 180
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5 Ways To Plan for Business Change Before the Crisis

Startup Professionals Musings

Based on my experience as a business advisor, most businesses don’t think about the need for change until a crisis occurs. This might be the recognition that competitors are surpassing your own results, financial growth has disappeared, or the pandemic has eliminated loyal customers. Only then do they begin searching for that one-time fix that will restore their leadership position.

Customer 126
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Motive Companies Backs GenXComm In Strategic Investment

socalTECH

Fountain Valley-based Motive Companies, which provides renewable energy and infrastructure products, says it has made a strategic investment in GenXComm, a developer of dynamic filtering and Radio Frequency (RF)-photonics systems. GenXComm said it has raised $20M in its Series B funding round, which was led by Motive Companies, along with Raine Next-Gen Communications and BMW iVentures.

Invest 174
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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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Energy Vault To List On NYSE Via SPAC

socalTECH

Westlake Village-based gravity-based energy storage technology developer EnergyVault says it will list on the NYSE, via a merger with a special purpose acqisition company (SPAC), Novus Capital Corporation II. According to the two companies, they are in a definitive agreement for a business combination, where the combined company will trade on the NYSE under the symbol GWHR.

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Immortals Launches New, More Affordable Clothing Line

socalTECH

Los Angeles-based e-sports organization Immortals said on Thursday that it has launched a new clothing line, which it says it will sell at zero profit. According to the company, the new Immortal Essentials line includes to a unisex line of t-shirts, hoodies, hats, and more. The company said the new line of clothing is a way to be "more accessible" to fans.