Mon.Apr 22, 2019

Beyond Meat prices its public offering

TechCrunch LA

Beyond Meat , the meat replacement company whose packages of Beyond Burgers line grocery store aisles across America, has priced its initial public offering.

Poseida Therapeutics Finds $142M

socalTECH

San Diego-based Poseida Therapeutics , a biopharmaceuticals startup developing non-viral gene engineering technology, has raised $142M in a Series C funding, the company said on Monday. According to the company, the funding was led by Novartis Pharma AG, which invested $75M in the round. Other investors in the round included Aisling Capital Management, Pentwater Capital Management, Perceptive Advisors, plus Malin Corporation plc., Longitude Capital, Vivo Capital and Boxer Capital, LLC.

Blueland launches with a suite of eco-friendly cleaning supplies designed to reduce plastic waste

TechCrunch LA

Sarah Paiji had the idea to launch the eco-friendly refillable cleaning supply retailer Blueland after hearing about the abundance of microplastics in the water she was using to dilute her child’s baby formula.

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HyperX Rolls Out New DDR4 Memory

socalTECH

Fountain Valley-based HyperX , the gaming division of memory maker Kingston Technology, has rolled out two new DDR4 memory kits, aimed at system builders and DIY PC enthusiasts. According to Kingston, its new Predator DDR4 memory kits, available in 4266MHz and 4600MHz frequency versions, are available as 8GB modules in kits of two. Pricing on the new devices were not announced.

Paramount and Broken Road Productions brunchwork

SoCal Tech Calendar

Saturday, April 27, 2019 -- Paramount and Broken Road Productions brunchwork, You're invited to an unforgettable brunch with Paramount TV President Nicole Clemens and Broken Road Productions Head Todd Garner (Former Disney Producer). Enjoy a fireside chat with Nicole and Todd, curated connections, and a business challenge and pitch off. over a seasonal, locally-sourced meal. See [link] (more

ZipRecruiter CMO Resigns After Report On Alleged Sexual Misconduct

socalTECH

The Chief Marketing Officer of high flying, Los Angeles-based job recruiting technology developer ZipRecruiter has resigned from the company, after a story was published last week by BuzzFeed, detailing alleged sexual misconduct at his prior employer, Uber. Eyal Gutentag reportedly resigned on Friday. According to the report, Gutentag had been terminated from his job at Uber in 2015, over an alleged sexual battery incident, before later joining ZipRecruiter as CMO.

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Avidity Biosciences Lands $35M In Deal With Lilly

socalTECH

La Jolla-based Avidity Biosciences , a developer of biopharmaceuticals that uses monoclonal antibodies and oligonucleotide-based therapeutics, said on Monday that it has received $20M in an upfront payment, as well as an investment of $15M in a deal with Lilly. According to Avidity, the company is also eligible to receive up to approximately $405 million per target for development, regulatory and commercialization milestones, as well as tiered royalties on product sales.

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TCVN Execution Program #4: Scaling

SoCal Tech Calendar

Thursday, April 25, 2019 -- TCVN Event on Growth and Scaling. CEO Bill Van Vleet shares some of his growth hacks with TCVN attendee on April 25th. Bill has done it over and over again and is willing to share his amazing growth strategies.William Van Vleet is a talented and seasoned executive with over 35 years of experience in technology product development for commercial and defense markets.

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Beyond Meat Sets IPO Pricing Range

socalTECH

Los Angeles-based Beyond Meat , which develops plant-based meat products, which look and taste like real meat, has set its IPO pricing range, as its preps to go public. According to Beyond Meat, it expects an initial offering price of between $19.00 and $21.00 per share. The company has applied to list on the Nasdaq Global Market as BYND. Beyond Meat's IPO is being underwritten by Goldman Sachs & Co. LLC, J.P. Morgan, Credit Suisse, BofA Merrill Lynch, Jefferies, and William Blair.

Navigating the Green Rush: Canna Advertising, Marketing and Branding

SoCal Tech Calendar

Thursday, April 25, 2019 -- Navigating the Green Rush: Canna Advertising, Marketing and Branding. Hear from stand-out canna brands and marketers as they discuss what to know when launching campaigns to reach customers and partners. Learn how to build brand and audience, and design campaigns, while simultaneously navigating shifting regulations and approaches that require a re-think in terms of traditional digital advertising and marketing tactics. See [link] (more

Epic Sciences Names Chief Medical Officer

socalTECH

San Diego-based Epic Sciences , which is developing personalized medicine products for treating and managing cancer, said this morning that it has named Richard J. Wenstrup, M.D., as its new Chief Medical Officer. Wenstrup previously was Chief Medical Officer for Myriad Genetics, serving at that firm from 2006 to 2007. He also had been Chief Medical Officer at Oxford Immunotec, Inc, in addition to serving in academia.

Start-up World Cup - Los Angeles Regional Pitch Competition

SoCal Tech Calendar

Wednesday, April 24, 2019 -- Start-up World Cup - Los Angeles Regional Pitch Competition. Startup World Cup is a global series of startup pitch competitions that is powered by Fenox Venture Capital and held in 40+ regions from around the world, where the top startup from each country comes to Silicon Valley and compete for a $1,000,000 USD investment prize! Last year, Leuko Labs was the $1,000,000 USD winner from the U.S.

SpaceX Crew Dragon Suffers Anomaly During Engine Test

socalTECH

The SpaceX Crew Dragon , the spacecraft being designed by Hawthorne-based SpaceX to deliver astronauts into orbit, suffered what appears to be a major issue in testing on Saturday during an engine test--sending smoke billowing from its test location which was visible from miles away. According to SpaceX, there was an "anomaly" on the test stand involving a Crew Dragon test vehicle.

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Poseida to Advance CAR-T For Myeloma with Novartis-Led $142M Round

Xconomy

The race to bring CAR-T cell therapy to multiple myeloma, a persistent and deadly cancer of the bone marrow, continued on Monday with a fresh round of funding for Poseida Therapeutics.

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