Mon.Feb 10, 2020

Max Q: A SpaceX spin-out sounds great

TechCrunch LA

Max Q is a new weekly newsletter all about space. Sign up here to receive it weekly on Sundays in your inbox. Two rocket launches were set to take off Sunday , including one from Wallops Island in Virginia and another from Cape Canaveral in Florida.

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7 Business Leadership Keys To A Thriving New Venture

Startup Professionals Musings

One of the realities of being an entrepreneur is that you have to keep learning and changing to survive. Everyone on the startup team knows there is no buffer, and no personal isolation from impact based on your job description that can save you.

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JenaValve Finds $50M Funding

socalTECH

Irvine-based JenaValve Technology , which develops aortic valve replacements, said last week that it has raised $50M in a financing round. The funding was led by Bain Capital Life Sciences, and also included existing investors Andera Partners, Gimv, Legend Capital, NeoMed Management, RMM, Valiance Life Sciences and VI Partners. As part of the funding, Bain Capital's Andrew Hack, MD, Ph.D., has joined the company's board of directors.

Eli Lilly, Roche Drugs Fail to Move Needle in Genetically Driven Alzheimer’s

Xconomy

Two experimental drugs from Eli Lilly and Roche have failed a clinical trial testing them as treatments for a form of Alzheimer’s disease caused by certain genetic mutations, the companies reported Monday.

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SpaceX Manned Launch Mission As Early As May, Say Reports

socalTECH

Hawthorne-based SpaceX may be launching astronauts into space on the Crew Dragon spacecraft as early as May, according to reports, after meeting all of the milestones required to fly actual astronauts on its spacecraft. The first mission reportedly could be as early as May 7th, on the SpaceX Demo-2 launch. SpaceX has not yet publicly detailed any launch plans.

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Causal IQ Expands Into Las Vegas

socalTECH

Los Angeles-based programmatic advertising provider Causal IQ said last week that it is expanding into Las Vegas, as part of an expansion to serve the casino-entertainment market. The company said the move will help it serve the tourism and gaming industry. Causal IQ is led by CEO Farshad Fardad. The company says it has offices in Atlanta, Austin, Chicago, Las Vegas, New York, San Francisco, Washington D.C. and Westlake Village, California. READ MORE>>.

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Arrowroot Capital Gets Exit At Evergage

socalTECH

Santa Monica-based investor Arrowroot Capital , headed by Matthew Safaii, has scored a win with the acquisition of one of its portfolio companies, Evergage , by Salesforce. Financial terms of the buy were not announced. Evergage was based in Somerville, Mass., and had raised $26M in funding from Arrowroot Capital, G20 Ventures, and Point Judith Ventures. Evergage develops real time personalization software.

Emburse Rolls Out Expense Management Cards

socalTECH

Los Angeles-based Emburse , the developer of expense management and accounts payable software, has launched a new product, which lets companies issue corporate cards to its employees and others, to help manage expenses. The company said its new product, Emburse Cards for Abacus, provides both virtual and physical corporate cards, which allow organizations to enforce travel and expense policies as a transaction occurs.