July, 2021

Retina AI Raises $8 Million in Series A

L.A. Business Journal

Santa Monica-based analytics company Retina AI Inc. has raised $8 million in Series A funding for its artificial intelligence platform for consumer insights

Are the “FIVE WHY’S” in your arsenal?

Berkonomics

This is a trick headline. . There can be three “whys” or twenty, depending upon the issue and the responses. To make the point, the word “why” has to be one of the more powerful words in your vocabulary.

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8 Keys To Maximizing Your Confidence and Self-Esteem

Startup Professionals Musings

Confidence and self-esteem are critical to your success as an entrepreneur, or any business role. As a mentor, I’m regularly frustrated by people who try to cover their lack of confidence with ego and arrogance , rather than working on the base issue.

Mentor 134

Inspire Energy Capital Acquired By Shell

socalTECH

Santa Monica-based Inspire Energy Capital, a provider of renewable energy to the residential market, has been acquired by oil and gas giant Shell, the companies said Tuesday afternoon. According to the companies, Shell New Energies US LLC (Shell), a subsidiary of Royal Dutch Shell plc, has signed an agreement to buy 100% of the equity interests of Inspire Energy Capital LLC, which is jointly headquartered in Santa Monica and Philadelphia. Financial details of the acquisition were not announced.

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.

Tech Giants Mandate Vaccines for Return to Work

Tech.Co

As the world slowlyachieves successful Covid vaccine rollouts, tech giants Netflix, Google, and Facebook are now seeking to keep their employees safe by imposing strict vaccine mandates within their US workplaces.

Is Paid Search Advertising Worth It for Businesses?

AllTopStartups

As of 2021, an astounding 2.14 billion people shop online. That’s an incredible 900 million more digital shoppers than there were in 2020. The US alone boasts 230 million online… The post Is Paid Search Advertising Worth It for Businesses? appeared first on AllTopStartups.

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Are you willing to hire slowly but fire fast?

Berkonomics

Here’s a test of your patience and your willingness to suppress your tendency to avoid conflict or confrontation – all in the same insight.

Coach 156

10 Startup Execution Steps Highlight The Finish Line

Startup Professionals Musings

Businesses always seem to take longer to succeed than an entrepreneur expects. Seth Godin once said that overnight success in startups takes about six years, and Seth is an optimist. Thus we all look for shortcuts.

Ideas 134

MSBAI Snags $1M Contract From USAF

socalTECH

Los Angeles-based startup MSBAI, which is developing artificial intelligence tools for assisting in engineering reports it has received a $1M US Air Force grant. The company said it was selected for an AFWERX Small Business Innovation Research (SBIR) Phase 2 contract, which will go towards adapting its GURU cognitive AI assistant to support the Air Force. MSBAI was part of the Air Force Techstars 2020 program.

Abodu raises $20M to build prefabricated backyard homes

TechCrunch

The need for more affordable housing has never been more urgent as a shortage in the U.S. housing market persists. Startups attempting to help address the shortage in a variety of ways abound.

How Much Does It Cost to Start a Business? A Complete Guide

AllTopStartups

One of the first and most daunting questions every entrepreneur faces is “how much does it cost to start a business?” ” And the truth is, there’s no one-size-fits-all answer. Every… The post How Much Does It Cost to Start a Business?

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Scopely Invests $50 Million in European Gaming Studios

L.A. Business Journal

Culver City-based mobile gaming company Scopely Inc. invested a combined $50 million in three boutique European game studios, the company announced July 19

Will you BURN the next manager you hire?

Berkonomics

It seems to be a rule, not an exception. Many senior managers and early entrepreneurs create their own mess with this one. The first professional senior manager that an entrepreneur hires to share the growing workload does not last more than a year.

6 Keys To Getting Beyond Basic Incremental Innovation

Startup Professionals Musings

One of the business ironies that many entrepreneurs have learned the hard way in the past is that ideas which are truly disruptive carry the highest risk of failure, take the longest to gain traction, and thus are the least likely to get external funding.

EVgo Acquires Recargo For $25M

socalTECH

Los Angeles-based electric vehicle (EV) charging network operator EVgo said this morning that it has acquired Recargo, a developer of e-mobility software. According to EVgo, it paid $25M in an all-cash transaction for Recargo, including a $3M loan repayment. Recargo was founded in 2009, and operates PlugShare, an online community for EV drivers, and also developed PlugShare, a mobile payment platform for EV cahrging networks. Recargo was based in El Segundo.

FlyMachine raises $21 million to build a virtual concerts platform for a post-pandemic world

TechCrunch

As concerts and live events return to the physical world stateside, many in the tech industry have wondered whether some of the pandemic-era opportunities around virtualizing these events are lost for the time being.

SIGGRAPH 2021

SoCal Tech Calendar

Thursday, August 5, 2021 --.

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General Motors Invests $71 Million to Launch Pasadena Campus

L.A. Business Journal

Detroit-based General Motors Co. will invest more than $71 million in a 149,000 square-foot campus in Pasadena, the automotive giant announced July 13

Can you be an adaptive business leader?

Berkonomics

The title of this insight happens to be the name of a CEO roundtable organization I belong to and have been a member since 1989 (Adaptive Business Leader Organization – or ABL).

6 Obligations That Come With Startup External Funding

Startup Professionals Musings

As an angel investor to startups, I’m still surprised to find entrepreneurs who expect investors to give them money, and assume no strings attached. Would you do that if it was your money?

Transphorm Bolsters Board

socalTECH

Goleta-based gallium nitride semiconductor products developer Transphorm said last week that it has named a new member of its board of directors. The company said it appointed Ms. Kelly Smales to the board of the gallium nitride (GaN) power conversion device maker. Smales previously was CEO of KnuEdge (formerly Intellisis), company in the machine learning hardware and software area. Smales previously also served at Motorola, Advanced Micro Devices, and GLOBALFOUNDRIES.

WINNING CO. USES APP TO HELP LGBTQ COMMUNITY UCSD Students Win Pitch Competition

Startup San Diego

The post WINNING CO. USES APP TO HELP LGBTQ COMMUNITY UCSD Students Win Pitch Competition appeared first on Startup San Diego. Startup News

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SIGGRAPH 2021

SoCal Tech Calendar

Wednesday, August 4, 2021 --.

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Endgame Raises $17 Million For Sales Strategy Software

L.A. Business Journal

Software company Endgame Labs Inc. raised more than $17 million across two funding rounds

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Is your CFO a bookkeeper or a strategist?

Berkonomics

Here’s one that most small company founders and CEO’s miss until it may be too late. What is the role of a chief financial officer in growing and protecting the company? How about co-strategist?

5 Strategies For Recognizing Early The Need To Change

Startup Professionals Musings

Every entrepreneur realizes that change is now the norm, and they have to adapt their business quickly to survive and prosper. In fact, the best entrepreneurs seem to see breakthrough changes coming even before they really happen, and are able to turn them into huge new opportunities.

Richie Knows Launching Social Network For Gamers In LA

socalTECH

A new startup, Richie Knows, says it is launching new, social network targeted at gamers, in Los Angeles. According to the company, the startup is looking to match up players with new friends and competitors as they travel. The company said it is launching a four-week Alpha test in the San Fernando Valley, as it attempts to help gamers build friendships and connect with fellow players in their local community. The startup was founded by Rich Melcombe.

What are the Business Benefits of Dedicated Internet Access?

Southern California Edison Blog

Dedicated Internet Access (DIA) is a powerful setup for enterprises looking for fast speeds, network reliability , and secure connectivity.

SIGGRAPH 2021

SoCal Tech Calendar

Tuesday, August 3, 2021 --.

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AR Combat Training Company Red 6 Moves To Miami

L.A. Business Journal

Red Six Aerospace, which creates AR combat training for the military, has moved it headquarters to Miami

Heliogen to Go Public in $2 Billion SPAC Deal

L.A. Business Journal

Pasadena-based energy technology company Heliogen Inc. will go public through a merger with a special purpose acquisition company, or SPAC, in a deal that values the combined company at $2 billion

Tripp Melds Meditation and Virtual Reality

L.A. Business Journal

Meditation has helped Nanea Reeves through some of the most difficult points in her life, including the loss of her sister and husband

Help 219

Demand Surges for Local Data Centers

L.A. Business Journal

Demand for data centers is growing in Los Angeles

Demand 219

Tetra Tech Lands $49 Million USAID Contract

L.A. Business Journal

Tetra Tech Inc. was awarded a $49 million contract to promote biodiversity conservation and climate resilience efforts in West Africa

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Snap Earnings Surge in Second Quarter

L.A. Business Journal

Snap Inc. continues to post impressive financial gains, logging a record 116% increase in year-over-year revenue for the second quarter

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LA Techstar Class Includes Local Startups

L.A. Business Journal

Several local startups are among the 2021 class for Techstars' Los Angeles Accelerator

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