Wed.Jun 24, 2020

article thumbnail

Relativity Space gains new customer in Iridium and new launch site at Vandenberg

TechCrunch LA

Relativity Space has a new customer for its 3D-printed rockets: Established satellite maker and operator Iridium, which has picked the company for launches in 2023. To accomplish those, and other launches like them, the company is also setting up a new launch site at Vandenberg Air Force Base in California. “It’s obviously pretty huge news for us,” Relativity co-founder and CEO Tim Ellis told TechCrunch. “Not only do we have a second launch site, but we have an anchor cus

Sites 181
article thumbnail

5 Stages Of The Market Lifecycle Gate Startup Success

Startup Professionals Musings

As a frequent advisor to new entrepreneurs and startups, I often hear your frustration with being treated differently from other startups by investors, on expectations for valuation , traction, and market size. Of course, it could be your level of experience, or the quality of your team, but the difference is often more related to the lifecycle stage of the market you are trying to enter.

Marketing 174
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Pipe Picks Up $60M For SaaS Financing

socalTECH

Los Angeles-based Pipe Technologies , which is developing a subscription financing platform to help software companies finance their businesses without debt or dilution, has raised $60M in a funding round, the company said on Wednesday. The company said the equity and asset financing is an extension of its seed funding round, and was led by Fin VC, and also included new investors Tribe Capital, Uncorrelated Ventures, Lachy Groom, Anthemis, along with prior investors Craft Ventures, Fika Ventures

SaaS 113
article thumbnail

La Jolla Pharma Steps In With Better Offer, Wins Tetraphase Bidding War

Xconomy

It’s common for antibiotics developers to run into financial trouble these days but what’s unusual is seeing a bidding war erupt for one of them. The competition for Tetraphase Pharmaceuticals now has a new winner : La Jolla Pharmaceutical. San Diego-based La Jolla (NASDAQ: LJPC ) has pledged to pay Tetraphase shareholders $43 million in cash now plus another $16 million tied to sales goals for Tetraphase (NASDAQ: TTPH ) antibiotic eravacycline (Xerava).

San Diego 101
article thumbnail

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.

article thumbnail

Sony Offers Up COVID-19 Relief To Creative Organizations

socalTECH

San Diego-based Sony Electronics says it is making donations for COVID-19 pandemic relief, to a number of creative organizations. Sony did not say how much it donated to the groups, but said it is providing funds to The Sports Video Group, an international association for sports-television professionals, and specifically the group's charitable SVG Sports Broadcasting Fund, which helps sports production professionals who have found themselves unable to work due to injury, illness or disaster, to

article thumbnail

Women in Tech Networking Hour (Virtual)

SoCal Tech Calendar

Tuesday, June 30, 2020 --.

More Trending

article thumbnail

Carlsmed Finds $2.5M For Spine Surgery

socalTECH

San Diego-based Carlsmed , a developer of medical devices to improve complex spin surgery, has raised $2.5M in a funding round, the company said on Tuesday. The seed funding was led by Cove Fund II, and also included Wavemaker Three-Sixty Health and Device of Tomorrow Capital, as well as un-named angels. According to the company, it will use the financing to accelerate clinial launch of its system for personalized spine surgery.

article thumbnail

Sonos To Cut 12 Percent Of Employees, Blames Pandemic

socalTECH

Santa Barbara-based whole home speaker system manufacturer Sonos says it plans to cut 12 percent of its global headcount--and will close its New York retail store and six satellite offices--due to "uncertainty and challenges" stemming from the COVID-19 pandemic. According to Sonos, it is looking to reduce its operating expenses nd preserve liquidity in light of the pandemic.