Tue.Jan 10, 2023

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Personal.ai Raises $7.8M

socalTECH

La Jolla-based Personal AI, which is developing artificial intelligence software to help users draft personal messages, retain, and recall personal information, has raised $7.8M in a seed funding round. The funding came from Supernode Global, Differential Ventures, BBG Ventures, Beni VC, Village Global, Keshif Ventures, and Good Friends (founders of Warby Parker, Harry's, and Allbirds).

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CARI Health Connects With $2.3M

socalTECH

San Diego-based CARI Health, which is developing a wearable, real-time mediation monitor, said on Tuesday that it has raised $2.3M in a seed funding round. The funding came from the San Diego Angel Conference, NuFund Venture Group, Cove Fund, Chemical Angel Fund, Medical Devices of Tomorrow, along with other individual investors. The company said the funding will go towards in-patient clinical studies.

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Virgin Orbit Mission Fails

socalTECH

Mojave, California-based Virgin Orbit reported on Monday that its first attempted launch of a payload from the United Kingdom "fell short of reaching its target orbit". The company, which launched the rocket from its customized 747, the Cosmic Girl, said that at some point after launching its rocket, the "system experienced an anomaly", "ending the mission prematurely".

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Telesair Picks Up $22M

socalTECH

Irvine-based Telesair, a medical equipment developing developing a mobile medical respirator that the company says helps get patients out of the hospital sooner, has raised $22M in a Series A funding round. The funding was led by Pasaca Capital and also included Honeywell, ZhenCheng Capital, Shangbay Capital, Device of Tomorrow Capital, Berkeley Catalyst Fund and Ultrastar Ventures LLC.

Capital 100
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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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CRISPR Gets $1.6M

socalTECH

San Diego-based CRISPR QC, a startup developing data and analytics tools for the gene editing market, announced on Tuesday afternoon that it has raised $1.6M in a seed funding round. The funding was led by Serra Ventures, and also included CaerusX Ventures, the investment company of George Bonaros. CRISPR is led by CEO Ross Bundy.