Wed.Oct 07, 2020

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Capillary Biomedical Gets $1.5M For Insulin Infusion

socalTECH

Irvine-based Capillary Biomedical , a startup focused on develping new insulin pump technology, said on Wednesday afternoon that it has raised $1.5M in loan funding. The company said the funding came in the form of a loan from The Leona M. and Harry B. Helmsley Charitable Trust (Helmsley). According to the company, the new funds will go towards clinical studies of its technology, to evaluate the potential for extended-wear of insulin infusion sets by people with Type 1 diabetes for 7 days and be

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5 Ways To Get Beyond Early Adopters For Your Startup

Startup Professionals Musings

I would guess that most of you are early adopters , just by the fact that you are interested enough to come here and see what’s new in the business world. Every entrepreneur and startup loves you, but too many forget that every potential customer is not like you. In fact, early adopters represent only a small percent of the total opportunity, and may derail your mainstream effort.

Startup 141
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Givsum Gets Funding, Support From Two Accelerators

socalTECH

Costa Mesa-based Givsum , which develops online software to help charitable organizations with their operations and fundraising, says it has received both new funding, as well as support, from two accelerators. Givsum said that has received capital investments from both SteelBridge Labs and OC4 Venture Studios, but did not say how much it raised from those efforts.

Funding 124
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B. Riley Financial Takes Stake In IQvestment Holdings

socalTECH

Los Angeles-based business advisory and financial services company B. Riley Financial has made a strategic investment in a developer of software for the financial industry, IQvestment Holdings , the company announced this morning. Size of the investment was not announced. According to B. Riley Financial, Chuck Hastings joins IQvestment Holdings' board of directors, with Jon Merriman joining the company's advisory board.

Commerce 124
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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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Greycroft Partners Raises Two New Funds

socalTECH

Los Angeles- and New York-based Greycroft Ventures , which has invested in such local companies as Scopely, Thrive Market, and Maker Studios, has raised two new venture capital funds, for a total of $678M total. The firm disclosed that it closed its early stage fund, Greycroft Partners VI , at $310M, and raised $368M in its growth stage fund, Greycroft Growth III , at $368M.

Funding 113
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Triller Expanding To Livestreaming

socalTECH

Los Angeles-based social app developer Triller --which competes directly against TikTok--said late Tuesday that it will start offering up livestreaming features on its app starting next week. According to Triller, the livestreaming feature will launch on October 12th, with new paywall and donation options included to help creators monetize their content.

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