Fri.Apr 17, 2020

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Movandi Finds $27M In Series C

socalTECH

Irvine-based hardware maker Movandi , a developer of millimeter wave, wireless technology used for 5G networks, has raised $27M in a Series C funding, according to the company. The funding was led by WRVI Capital, and also included Cota Capital and DNX Ventures. According to ovandi, it will use the new funding to further develop its 5G millimeter wave technology and expand rollout of 5G networks and devices.

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Riot Games Acquires Hypixel Studios

L.A. Business Journal

Riot Games acquires Canadian video game developer Hypixel Studios.

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NASA, SpaceX To Send Astronauts To ISS On May 27th

socalTECH

In a major win for Hawthorne, California-based SpaceX , NASA announced on Friday morning that it plans to send astronauts to the International Space Station (ISS) on May 27th. According to NASA administrator Jim Bridenstine, the launch--which will be the first from American soil since the Space Shuttle was retired--will happen in a SpaceX Crew Dragon, sitting atop a Falcon 9 rocket.

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AlchemyLeads Helps Businesses Increase Both Traffic And Web Conversions

AllTopStartups

Search Engine Optimization (SEO) increases both the quantity and quality of traffic to a website. It provides businesses with the visibility they need to attract customers. SEO consists of multiple strategies,… The post AlchemyLeads Helps Businesses Increase Both Traffic And Web Conversions appeared first on AllTopStartups.

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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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Pony.ai Launches Driverless Delivery In Irvine

socalTECH

Pony.ai , a Chinese developer of self driving cars, said this morning that it has begun using its driverless cars for deliveries in Irvine, California, for purchases made off the e-commerce site Yamibuy. The move comes after the company's plan to launch a "robo-taxi" service were suspended due to widespread "shelter-in-place" in California. Yamibuy is an online site focused on imported Asian goods, like snacks, grocery, and other items.

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COVID-19 Vax Efforts Aim to Balance Speed, Efficacy in Race to Market

Xconomy

If Peter Marks had a magic wand to perfect the sophisticated process that takes a new vaccine from idea to reality, the US could have a way to prevent some people from COVID-19 infection in nine months to one year. In the real world, the journey to a vaccine OK’d under emergency guidelines is more likely to take 12 to 18 months, said Marks, who runs the FDA’s Center for Biologics Evaluation and Research, on a Friday teleconference hosted by the Commonwealth Fund and the Alliance for Health Polic

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Bio Roundup: Alnylam’s Billions, COVID-19 Vaccines, Moma Debuts & More

Xconomy

The public markets are moving erratically, but Alnylam Pharmaceuticals showed this week that selling equity isn’t the only way for biotech companies to raise cash. Late last year Alnylam (NASDAQ: ALNY ) began exploring potential royalty deals for inclisiran, a drug that uses RNA interference to lower cholesterol. Alnylam had sold the drug’s development and commercialization rights seven years ago.

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