socalTECH
AUGUST 26, 2020
RateMyAgent , an online service for rating real estate agents which has its U.S. headquarters in San Diego, said it has raised $7M in funding. Source of the funding was not announced. According to the Australian company, the funding will go towards its growth efforts in the U.S. real estate market. The company said the new funds will go out to build out its U.S. sales and support team.
Xconomy
AUGUST 26, 2020
Not long ago, having early data about how an experimental drug worked in humans was expected of biotechs considering IPOs. Dyne Therapeutics may not reach human testing until 2022, but, like many of its preclinical peers this year, the company is choosing to jump into public markets now while investor interest in the biotech sector is riding high. In paperwork filed with securities regulators late Tuesday, Dyne set a preliminary $100 million target for its IPO.
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socalTECH
AUGUST 26, 2020
Irvine-based financial wellness program operator Acorns , which operates a program that encourages Americans to save and invest, says it has received a strategic investment from Dwayne "The Rock" Johnson and Dany Garcia, the co-founders of Seven Bucks Companies. Size of the investment was not announced. Johnson is best known for his acting roles, but now runs Seven Bucks Companies with his ex-wife, Dany Garcia.
Xconomy
AUGUST 26, 2020
Acadia Pharmaceuticals has acquired Texas biotech CerSci Therapeutics, a privately held company with a clinical-stage molecule under evaluation as a potential therapy for post-surgical and nerve pain. The San Diego-based company splashed out $52.5 million on the buyout, a cash-and-stock deal—$47.2 million of it in Acadia shares, according to a regulatory filing —that closed Monday.
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.
socalTECH
AUGUST 26, 2020
Santa Monica-based movie ticketing app Atom Tickets is launching its app as a third-party, branded experience on Snapchat , the company announced on Wednesday. According to Atom Tickets, its new experience, Movie Ticekts By Atom, will let users on Snapchat watch movie trailers, buy movie tickets, and share their movie plans with friends all within Snapchat's Mini feature.
Startup Professionals Musings
AUGUST 26, 2020
Do you have an invention that you believe is worth a million dollars? In fact, it could be worth much more than that, if you are able to use it to kickstart a successful business. Unfortunately, many inventors I know are stuck at this stage, being great technologists, but not so great as entrepreneurs. As a result, their inventions languish and never make them a dollar.
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