Fri.Sep 11, 2020

Accelerators Have Resources To KickStart Your Startup

Startup Professionals Musings

One of the reasons that now is the time to be an entrepreneur is the explosion of startup assistance organizations, usually called incubators or accelerators.

Greycroft Backs Chartable In $2.25M Funding

socalTECH

Los Angeles-based venture investment firm Greycroft Partners is one of the backers in a $2.25M funding round for Chartable , an online service which provides statistics for podcast downloads. According to Chartable, it raised $2.25M in its seed funding, which was led by Initialized Capital, and also included Naval Ravikant, Greycroft Partners, The Fund, Weekend Fund, Jim Young and Lukas Biewald. Chartable is an "all-remote" startup, although its founders are based in New York City.

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Bio Roundup: COVID-19 Pact, Gavreto Approval, Generative Biology & More

Xconomy

COVID-19 research efforts are often described as a race between companies, a description that reflects the urgency to develop a vaccine for the novel coronavirus. The description is not quite right.

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Final Draft Names President

socalTECH

Burbank-based Final Draft --which is owned by software developer Cast & Crew --says it has named Shelly Mellot as President of the company. Final Draft is a developer of screenwriting software. According to Cast& Crew, Mellott has been at Final Draft for 14 years, having joined the company in 2006. Mellot was most recently Vice President of Sales and Marketing for the company. Final Draft's software is used by scriptwriters, and automatically formats scripts to industry standards.

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.

8minute Solar Energy Signs Big Solar Plus Storage Project

socalTECH

Los Angeles-based solar power developer 8minute Solar Energy and Southern California's Clean Power Alliance announced on Thursday that the Clean Power Alliance has signed a 15-year, power purchase agreement (PPA) for a 400 megawatt solar power plant, with 180MW/540MwH energy storage project in Tulare County. According to the two, the Rexford 1 Solar & Storage Center will be the largest solar-plus-storage effort for a community choice aggregator.

ProSciento Finds Funding For Clinical Research

socalTECH

San Diego-based ProSciento , a clinical research organization (CRO) which focuses on non-alcoholic steatohepatitis (NASH), diabetes, obesity, and related metabolic diseases, has raised a round of funding, the company said this week. Size of the funding was not announced. According to ProSciento, the growth financing came from 1315 Capital. The company said it was advised by SVB Leerink in the transaction. ProSciento is led by Dr. Marcus Hompesch.