December, 2020

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Residential renewable energy developer Swell is raising $450 million for distributed power projects in three states

TechCrunch LA

Swell Energy , an installer and manager of residential renewable energy, energy efficiency and storage technologies, is raising $450 million to finance the construction of four virtual power plants representing a massive amount of energy storage capacity paired with solar power generation. It’s a sign of the distributed nature of renewable energy development and a transition from large-scale power generation projects feeding into utility grids at their edge to smaller, point solutions dist

Develop 322
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Standup Comedy App Laugh Lounge Keeps the Jokes Coming

L.A. Business Journal

It’s been a tough year for Los Angeles comedians, along with the many would-be comedy fans who've had to postpone evenings at live venues shuttered during the pandemic.

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EDF Renewables Puts North Dakota Wind Project Into Operation

socalTECH

San Diego-based renewable energy developer EDF Renewables North America has successfully put another project into operation, this time a 150 megawatt wind energy project in North Dakota. The company said its Merricourt Wind Project has been turned over to Otter Tail Power Company. EDF Renewables developed and managed the construction process for the wind farm, which is near Kulm, North Dakota.

San Diego 203
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Celebrating the Life and Work of Tony Hsieh

Tech.Co

By Frank Gruber and Jen Consalvo. It’s with profound sadness we mourn the loss of a true visionary, author, mentor, thought-leader, investor, and friend, Tony Hsieh. Readers may be interested to know that Tech.co has a history with Tony, as he became an investor in the company in 2013, and built a lasting friendship with us as the Tech.co co-founders.

Commerce 207
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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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Financing with grants, not equity or debt

Berkonomics

First, an example of grant-based financing . I was chairman of a company that, for twelve years never took a dollar of outside investment. The company was funded entirely by grants from the National Institute of Health, amounting to millions of non-dilutive dollars in all. The company created a product that could be delivered as a service to medical clinicians anywhere in the world, enhancing their ability to understand their patents’ problems and needs in less time, using the experti

Equity 156
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7 Personal Productivity Tactics To Get More Work Done

Startup Professionals Musings

In business, the only thing that counts is results, not how hard people work or how many hours they put in. Have you noticed in your startup or around your office that some people are always at work and busy, but others seems to consistently get more done? Studies of software teams, for example, show differences as great as ten to one in productivity between working team members.

Product 173

More Trending

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AECOM Wins Projects in Texas, Colorado

L.A. Business Journal

Infrastructure consulting giant AECOM recently snagged contracts to provide environmental and engineering services for a light rail extension project in Texas and the renovation of an Air Force Academy hall in Colorado.

Services 246
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LA Mayor Garcetti Aims At Air Taxi Future

socalTECH

In a bid to push LA into the high tech world of the Jetsons, Mayor Eric Garcetti said on Wednesday that he has kicked off an effort to make Los Angeles an "unmistakable leader on urban air mobility". According to the Mayor's office, it has launched an effort called the Urban Air Mobility Partnership , which will help visualization a "new piece of L.A.

High Tech 203
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Air Force Open Topic Process and SBIR Contracts

SoCal Tech Calendar

Tuesday, December 8, 2020 -- Air Force Open Topic Process and SBIR Contracts. Learn more about the Air Force Open Topic and SBIR Contracts with the National Security Innovation Network on December 8, 2020. The National Security Innovation Network is hosting a web-based Ask Me Anything on the Air Force Open Topic process and the Small Business Innovation Research (SBIR) program on December 8, 2020, just in time to discuss the 21.1 SBIR cycle.

Research 100
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Use creative fundraising instead of equity or debt?

Berkonomics

Use creative fundraising instead of equity or debt? By Dave Berkus. First, my story as an example. Let me tell you the story of how I raised $100,000 to fill a gap needed to purchase a new home for my young family years ago. I had located a beautiful home that would be a stretch to finance and had arranged for a first mortgage from the bank, and a second from the seller.

Equity 156
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6 Lessons Most Entrepreneurs Only Learn On The Street

Startup Professionals Musings

In my role as a mentor to aspiring entrepreneurs, I find that most have the technical challenges well understood, but many are a bit short on some basic street smarts , or basic business realities. Thus I often recommend that before you kick off your own business, you join another startup or existing business to see how things really work. Even the best college degree is not a substitute.

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Cyber insurance startup At-Bay raises $34M Series C, adds M12 as a new investor

TechCrunch LA

Cybersecurity insurance startup At-Bay has raised $34 million in its Series C round, the company announced Tuesday. The round was led by Qumra Capital, a new investor. Microsoft’s venture fund M12, also a new investor, participated in the round alongside Acrew Capital, Khosla Ventures, Lightspeed Venture Partners, Munich Re Ventures, and Israeli entrepreneur Shlomo Kramer, who co-founded security firms Check Point and Imperva.

Startup 288
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SpaceX Launches Final Mission of 2020

L.A. Business Journal

SpaceX closed out a record-breaking year of launches with the completion of its 26th mission for 2020.

SpaceX 317
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ClickUp Connects With $100M

socalTECH

San Diego-based software developer ClickUp , which develop workplace apps, says it has raised $100M in its Series B funding round. The funding was led by Georgian, and also included Craft Ventures. ClickUp says it has now raised $135M in total. ClikUp offers up a range of corporate apps, including project management, chat, docs, time management, wikis, goal tracking, dashboards, and more.

Doc 203
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Advantages of Government Fiber Internet

Southern California Edison Blog

Municipal and state governments require highly secure networks to transfer sensitive information and files. They also depend on reliable networks to support providing resources to the public, such as information about voting and licenses, as well as live streaming hearings and court proceedings. . While government agencies have several network options, fiber cables are a great option due to the customizable nature of the setup, which allows them to prepare for future growth and quickly address n

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Are you innovating because of need or inspiration?

Berkonomics

Most innovations come from responding to a customer’s needs, or finding a niche where products need improvement or extension. It is rare to innovate using a blank sheet of paper in a room with bare walls and no other contributors. A thought exercise. Imagine the room in which several graduate business school student groups have gathered, tasked with coming up with an idea for a business plan competition.

Startup 156
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5 Keys to Ensuring Credibility, Trust, and Customers

Startup Professionals Musings

As a long-time business executive and adviser to entrepreneurs, I see a definitive shift away from customer trust in traditional business messages, and the executives who deliver them. Today’s digitally distracted consumer is led to trust only things that they see with their own eyes, senses, so they can render their own judgement. They want the raw data versus a polished message.

Custom 173
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Sundae snags $36M to build out its distressed property marketplace

TechCrunch LA

Opendoor has opened the door, so to speak, for startups to apply their technical expertise in search, marketplaces and audience segmentation to rethink the very antiquated and analogue world of property. Today, a startup that is doing this in the specific area of distressed property is announcing a round of growth funding to ramp up its team and expand its business.

Sales 282
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Bambee Raises $15 Million for HR Platform

L.A. Business Journal

Santa Monica-based Bambee Inc. has raised $15 million in Series B funding for its human resources platform for small businesses.

Platform 279
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Boulevard Partners For Salon Waste Reduction Effort

socalTECH

Los Angeles-based Boulevard , a startup which is developing business management software for salons and spas, says it has partnered with Green Circle Salons on a waste reduction effort. Green Circle Salons offers up recycling, recovering, and repurposing beauty waste from salons and spas. Boulevard said it will help increase the visibility of the Green Circle Salons initiative.

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A Primer on Prevention and Response to Data Breaches

SoCal Tech Calendar

Tuesday, December 8, 2020 --.

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How I Lost 65 Pounds In 18 Months Without Any Fad Diets or Gimmicks

Both Sides of the Table

June 2019 (left) and November 2020 (right) I’ve been reluctant to write this blog post because historically I don’t like talking about weight. But I’ve been promising to publish how I lost 65 pounds in the past 18 months without any fad diets or gimmicks to try and be helpful to others. I have a plan, I know it works and for the friends and family who have followed what I’ve done they’ve equally lost a lot of weight.

Startup 526
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8 Mental Strategies To Keep Your Mind Clear And Calm

Startup Professionals Musings

Every entrepreneur and most professionals wish there were more hours in a day to get their work done. These holidays, with all the new technology, including smartphones and social media, many are convinced that multi-tasking is the answer. Yet there is more and more evidence that jumping tasks on every alert for a new email, text, or phone call actually decreases overall productivity.

Email 170
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With Bambee, Allan Jones wants to give small businesses HR services their employees can trust

TechCrunch LA

Allan Jones’s first startup was Fourth and Grand , a Trunk Club-like service backed by the venture studio and accelerator, Science, out of Santa Monica. While the business didn’t work out, it put the budding young entrepreneur (and college dropout) on a path that would lead him to launch the Los Angeles-based startup Bambee , a company that lets small businesses give their employees access to the same kinds of human resources services that large companies have.

Services 281
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Rocket Lab Launches Sixth Successful Mission This Year

L.A. Business Journal

Rocket Lab USA Inc. completed another mission Dec. 15, sending a satellite into space aboard one of the company’s Electron launch vehicles.

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Reflections on 2020: Olivia (Libby) Duane Adams, co-founder, Alteryx

socalTECH

Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's high tech community. We'll be posting these throughout the next two weeks. Today, we have Olivia (Libby) Duane Adams, co-founder and chief advocacy officer at Alteryx (www.alteryx.com) who is based in Irvine. You will be able to get to all of these posts on our 2020 reflections here.

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When should you go for equity financing?

Berkonomics

Let’s take a few minutes to examine the kind of equity financing available to small or early stage businesses. In most cases, these applicants for equity funding must be rooted in technology to apply to this limited discussion. Friends and family investors. Here is a class of investor we’ve covered before, one usually focused upon you and less upon your business case.

Equity 156
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PepsiCo signs on to sponsor new founder-in-residence program from M13

TechCrunch LA

The budding venture studio being built inside M13 has signed PepsiCo as its first new corporate partner. Through the deal, PepsiCo has agreed to bankroll the first founder-in-residence program from the New York and Los Angeles-based firm, which poached former Techstars Los Angeles managing director Anna Barber to lead its new initiative. The initial M13 Launchpad program will leverage PepsiCo executives and advisors to take entrepreneurs-in-residence on a 12-week long program in ideating and lau

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AWS updates its edge computing solutions with new hardware and Local Zones

TechCrunch LA

AWS today closed out its first re:Invent keynote with a focus on edge computing. The company launched two smaller appliances for its Outpost service , which originally brought AWS as a managed service and appliance right into its customers’ existing data centers in the form of a large rack. Now, the company is launching these smaller versions so that its users can also deploy them in their stores or office locations.

Google 241
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Fifth Wall adds new partner as it seeks at least $200 million for a new climate impact fund

TechCrunch LA

When it first launched nearly three years ago, Fifth Wall had a vision of leveraging capital limited partners from across the real estate development and construction business to back the technologies the industry needed most. That early vision resonated so well, that the firm has grown from managing one fund of $212 million to holding roughly $1.2 billion in assets under management.

Funding 240
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SpaceX Launches 25th Mission of 2020

L.A. Business Journal

SpaceX launched its 25th successful mission for this year on Dec. 13, deploying an audio satellite for Sirius XM Holdings Inc.

SpaceX 246
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Dimer Unveils UV Device to Disinfect Schools

L.A. Business Journal

As the first round of vaccinations against the novel coronavirus gets underway, businesses and schools nationwide are making plans to safely reopen.

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Southern California Edison Signs More Energy Storage Contracts

L.A. Business Journal

Southern California Edison has signed long-term contracts for four projects totaling 590 megawatts of battery energy storage.

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LA Tech Companies Give Mindfulness Apps the Stress Test

L.A. Business Journal

As L.A.'s tech sector grows, a cluster of companies is taking meditation and mindfulness into a virtual space.

Company 246
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HomeLister Raises $4.5 Million for Commission-Free Real Estate Platform

L.A. Business Journal

Santa Monica real estate software developer HomeLister Inc. has raised $4.5 million in seed funding.

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Esports One Secures $4 Million for Fantasy Esports League

L.A. Business Journal

Santa Monica-based startup Esports One Inc. has raised $4 million in early stage funding to support a fantasy sports platform for competitive video gaming.