TechCrunch LA
APRIL 22, 2019
Beyond Meat , the meat replacement company whose packages of Beyond Burgers line grocery store aisles across America, has priced its initial public offering. The company is looking to raise roughly $200 million in the stock sale for its portfolio of burger, chicken and sausage replacements, selling 8.75 million shares of common stock at an upper limit of $21 per share that would value Beyond Meat at more than $1 billion.
socalTECH
APRIL 22, 2019
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.
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TechCrunch LA
APRIL 22, 2019
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. Paiji wanted to cut back on her plastic consumption, and reduce her contribution to the overabundance of plastic waste in the environment, but felt that as a consumer she didn’t have a choice.
socalTECH
APRIL 22, 2019
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.
Advertiser: Aggregage
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.
SoCal Tech Calendar
APRIL 22, 2019
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.
socalTECH
APRIL 22, 2019
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.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
socalTECH
APRIL 22, 2019
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.
SoCal Tech Calendar
APRIL 22, 2019
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.
socalTECH
APRIL 22, 2019
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.
SoCal Tech Calendar
APRIL 22, 2019
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!
socalTECH
APRIL 22, 2019
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.
Startup Professionals Musings
APRIL 22, 2019
Image via Pexels Every business needs repeatable processes to grow and thrive, but modern business processes need the right people to make them efficient and productive. In addition, today’s customers judge a company by perceived people relationships through social media, phone conversations, and sales experiences. The right people make productive processes, not the other way around.
socalTECH
APRIL 22, 2019
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.
Xconomy
APRIL 22, 2019
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. Swiss pharma giant Novartis has invested $75 million in a $142 million Series C round for San Diego-based Poseida, which is one of several companies developing what is meant to be a one-time, long-lasting treatment for multiple myeloma.
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