Sat.Apr 23, 2022 - Fri.Apr 29, 2022

Here are tricks to find yourself on social media.

Berkonomics

Finding your needle in the haystack. There is so much information being shot at us daily via social media streams that we should monitor and control that which pertains to our business – and do so with some level of expertise. Start with a simple tool.

7 Challenges To Overcome When Building A Startup Team

Startup Professionals Musings

Every startup lucky enough to get some traction gets to the point where they decide to hire some “regular employees” for sales, marketing, and administrative tasks. Then they are surprised to see productivity and creativity take a big dip.

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FaZe Clan Links With Current For Mobile Banking Promo

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Los Angeles-based e-sports and gaming platform FaZe Clan said this week that it has linked with fintech company Current, where FaZe Clan's talent will help engage their fans using Current's mobile banking products. Financial details of the partnership were not announced. Current is backed by Andreessen Horowitz, Tiger Global Management, TQ Ventures, Avenir, Sapphire Ventures, Foundation Capital, Wellington Management, QED Investors and EXPA, and is based in New York.

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Food Rocket blasts off after securing funding, grocery delivery deal with Circle K parent

TechCrunch

Many grocery delivery startups begin small, in one city, building up locations to cater to a certain neighborhood. Food Rocket has taken an unconventional route, striking a funding deal with Alimentation Couche-Tard Inc.

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.

6 Ways To Sustain Growth In A Maturing Global Market

Startup Professionals Musings

Most of you business owners I know are looking forward to the day when your product, team and processes begin to mature, and your business growth keeps tilting upward as you scale. You expect to relax a bit, and relish in the success that you see coming.

Looking At Startups By The Rules Of Natural Selection

Startup Professionals Musings

The good news is that a recent Kauffman Early-Stage Entrepreneurship (KESE) Index shows the highest level of new business activity recorded in the last two decades, and the cost of entry at an all-time low.

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10 Ways To Enlist Trust And Power For True Leadership

Startup Professionals Musings

One of the first harsh realities that every entrepreneur has to learn is that most of the things that are critical to startup success are outside of their direct control.

Miso Robotics In Pilot With Jack In The Box

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Pasadena-based restaurant robotics startup Miso Robotics said this morning that it has inked a partnership with Jack in the Box, the pilot the use of its Flippy 2 and Sippy robots at the fast food chain. According to Miso Robotis, Jack in the Box will pilot those products at one of the restaurant chains's standalone locations, with possible plans for further integration in the months ahead. The initial pilot will be at a Jack in the Box in San Diego.

TuSimple Swizzles Board, Co-Founder To Depart

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San Diego-based autonomous driving technology developer TuSimple said this week that one of its co-founders, Mo Chen, is departing the company's board of directors, and will not stand for re-election, although he will finish out his tenure on the board. According to the company, it has also appointed Reed Werner to fill a different vacancy on the board. The company did not say why Chen decided to leave the company's board of directors, where he had served since the company was founded in 2015.

Rocket Lab Planning Launch, Helicopter Recovery Today

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Hawthorne, California-based Rocket Lab is planning a launch and its first attempt at recovering a rocket via helicopter today, in its "There And Back Again" launch. According to the company, it expects to have a launch window opening at 3:05PM PT, with plans to livestream its first try at a rocket recovery from the air. The company is moving along the path to re-using the first stage of its Electron rockets, which are small rockets used to launch cubesats and other small satellites into orbit.

Snap Rolls Out Its Own Selfie Snapping Drone, The Pixy

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Venice, California-based Snap has rolled out its own, selfie-snapping drone, called the Pixy, the company said on Thursday. The new mini-drone costs $230, and captures 12MP photos, 2.7K video, and current is available in the United States and France. Meet Pixy. Your friendly flying camera. Pixy brings magic to every moment, all you have to do is let it fly! FlyWithMe pic.twitter.com/GAh8znI76I- Pixy (@snappixy) April 28, 2022. media social consumer flying drone pixy snap snapchat

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Flume Data Labs: Need To Save Water? Look At Your Yard

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San Luis Obispo-based water sensor developer Flume Data Labs has a helpful tip for people looking to save water in the face of an unprecedented drought in the Western United States. According to Flume, its analysis shows that in single-family homes across America, outdoor water use is a "significant driver" of water demand, even in winter.

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Coast Energy Gets Investment For Solar PPA Effort

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Los Angeles-based Coast Energy, a developer of commercial and industrial solar projects, says it has received a growth investment from Crosstimbers Capital Group to accelerate its solar PPA effort. Size of the investment was not announced, however, the company said it was a "significant growth investment." Coast Energy says it has plans to develop, own, and operate over $400 million worth of solar, energy storage and related energy projects throughout the United States.

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Zest AI Wins Credit Unions In Nebraska, Kentucky

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Los Angeles-based Zest AI said today that it has scored wins with two credit unions, one in Nebraska, and the other in Kentucky. According to the company, the Kentucky Credit Union League and the Nebraska Credit Union League will use its software to members in bo th states. Zest uses artificial intelligence software to help approve and score loans. Financial details of the wins were not announced. zestai zest artificial intelligence fintech financial banking credit union scoring lending loans

Team Liquid, Alienware Launch Esports Training Program In Santa Monica

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Team Liquid, an e-sports team, and PC and accessories maker Alienware said this morning that the two have launched a new "Esports athlete training" program in Santa Monica, where it will provide professional esports training. According to the two, the center will use "quantifiable game-agnostic data" in its program focused on "anticipatory skills, divided attention, emotional regulation, automaticity" and other areas. The new esports training program is called The Pro Lab.

Cartwheel Connects With $3M For Delivery Management

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Los Angeles-based Cartwheel, a startup which develops delivery management software for restaurants, retailers, couriers, and other areas, has raised $3M in a seed funding round. The funding was led by Moonshots Capital, and also included Chingona Ventures, TenOneTen Ventures, Act One, and Pitbull Capital. According to the company, the funding will go towards product development, partner integration, and expansion.

Divergent Technologies Takes $160M For Industrial 3D Printing

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Los Angeles-based Divergent Technologies, a developer of industrial 3D printing systems, said this week that it has raised $160M in its Series C funding round. The company said that John L. Thornton, the former President of Goldman Sachs, has joined the company as part of the funding; other investors include Tom Steyer and David Beirne, former of Benchmark Capital. Divergent Technologies previously raised $200 million from investors including Horizons Ventures and Altran Technologies.

Ruth Health Finds $2.5M For Prenatal, Postpartum Care

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Los Angeles-based Ruth Health, a startup which operates a telehealth and online health platform to help women with prenatal and postpartum care, has raised $2.4M in a seed funding round, the company said today. The funding was led by Giant Ventures, and also included Citylight VC, Cleo Capital Scout Fund, Crista Galli Ventures, Duro VC, Emmeline Ventures, Gaingels, Global Founders Capital, Pentas Ventures, SOMA Capital, Techstars, Torch Capital, YCombinator, and angels.

Leidos Sets Up Shop In San Diego

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Leidos, a large technology, engineering, and science technology company, said today that it is setting up a new location in San Diego, in Campus Point. According to the Fortune 500 company, it is building a new site in Campus Point, with room for 400 plus employees. Leidos has approximately 43,000 employees in total, and is headquartered in Reston, Virginia. The publicly traded company (NYSE:LDOS) says it had annual revenues of approximately $13.7 billion in its 2021 fiscal year.

Rocket Lab Shows Off Test Recovery Via Helicopter

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Hawthorne, California-based Rocket Lab showed off a test recovery of a rocket yesterday, in a brief video, as it plans to attempt a live capture of a returned rocket from one of its launches. The company is attempting to move towards reusable rockets, by snagging a rocket descending towards the ocean using a parachute. The ability to re-use rocket hardware has been a key part of reducing the cost of sending payloads to space, and has been mastered by another space launch firm, SpaceX.

Seed Health Names Chief Scientific Officer

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Los Angeles-based Seed Health, which is developing microbiome products focused on probiotics and live biotherapeutics, has named Dirk Gevers as the company's new Chief Scientific Officer. Gevers was most recently at Johnson & Johnson's Janssen Pharmaceutical Companies, where he helped launch the Janssen Human Microbiome Institute (JHMI), according to Seed Health. The company said he also served at the Broad Insitute of MIT and Harvard.

CUJO AI Names New CEO

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Los Angeles-based cybersecurity software developer CUJO AI said today that it has named Remko Vos as the company's new CEO. Vos was most recently a Product Executive at Comcast. The company said that Vos replaces Einaras von Gravrock, who co-founded the company in 2015. The company did not say if von Gravrock will continue to have a role at the company. CUJO AI provides cybersecurity and network intelligence for Internet Service Providers.

Activision Sees Drop In Revenues

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Santa Monica-based Activision reported a 22 percent year-over-year decline in revenues, with net income down 36 percent. According to reports, the "precipitous drops" at its Activision and Blizzard divisions also came with declining engagement of the company's Call of Duty users. The company attributed some of the declines to "product timing for the Warcraft franchise", however, it's possible a changing market as the pandemic has ebbed has impacted the amount of time spent on online gaming.

Tealium Adds Board Member

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San Diego-based data management software developer Tealium announced this morning that it has named a new member to its board of directors. The company said it has appointed Claire Long to the board. Long is the former CFO of Mapp Digital, Covario, The San Diego Union-Tribune, and is currently Managing Member of Long Partners, LLC. Tealium's software is used for tag management and data tracking on the web, mobile, and other platforms. tealium board executive claire long

Heal Launches Technology Platform

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Los Angeles-based Heal, which offers in-home access to physicians, says it is launching a new technology platform, which includes its own electronic health records software, logistics/routing, and enhanced remote patient monitoring. The company did not say if it intends to offer up its software to other parties, but said it expects the platform to be in broad use by the end of the year. Heal says it has served over 260,000 patients to date. Heal says the new platform includes 14 modules.

ClickUp Acquires Slapdash

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San Diego-based productivity software developer ClickUp said this morning that it has acquired Slapdash, the developer of a unified "search and command bar". Slapdash's software is used in the enterprise, helping employees find information within an organization. Financial details of the buy were not announced. ClickUp is led by founder and CEO Zeb Evans. clickup slapdash mergr acquisition unified search software

Boring Company Raises $675M, But Bails On LA

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The Boring Company, the tunneling and hyperloop transportation company run by Elon Musk, has raised $675M, but has moved its headquarters and operations out of Los Angeles. According to The Boring Company, it raised $675M in a Series C funding, which values the company at $5.675 billion.

Illumina In Deal With German Hospital For Genetic Disease Diagnosis

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San Diego-based lifesciences equipment maker Illumina said today that it has inked a deal with a German hospital, to offer up whole-genome sequencing for critically ill children suspected of having a genetic or rare disease. According to Illumina, the deal is with Germany's Hannover Medical School (Medizinische Hochschule Hannover (MHH)). The company said its tools will be used to evaluate the diagnostic efficacy of whole genome sequencing for pediastric precision medicine.

Viasat Selected For NASA Project

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Carlsbad-based Viasat says it has been selected for a new, near-earth communications network by NASA. According to Viasat, it has been selected by NASA to support its Communications Services Project (CSP), which seeks to accelerate the development of near-Earth communications by partnering with commercial satellite communications providers. Financial terms of the deal were not announced. NASA's CSP is aimed at helping to transport data from low earth orbit (LEO) satellites back to Earth.

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Assembly Acquires PipeCandy

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Los Angeles-based e-commerce software provider Assembly announced this morning that it has acquired PipeCandy, a company that provides market intelligence for online retailers. Financial details of the acquisition were not announced. Assembly also owns e-comerce software brands Helium 10, Pacvue, and Refersion. The company's e-commerce software ties businesses tie into Amazon, Walmart, Instacart, and Shopify. assembly merger acquisition pipecandy ecommerce software

Vaunt Collects $5M To Combine Sports, NFTs From Elysian Park, Others

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Vaunt, a New York startup which is combining sports with cryptocurrency and NFTs, has collected $5M in a funding, which included Elysian Park Ventures, the owners of the Dodgers. Vaunt is based in New York. The company said the Series A funding included investments from InfiniteWorld, Elysian Park Ventures, True Culture Fund, plus the NFL's Justin Tuck, and former NBA Players Association Executive Director, Michele Roberts.

Netradyne Wins Bulk Transport Company

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San Diego-based driver and fleet safety products developer Netradyne announced a customer win on Tuesday, with J&M Tank Lines, a provider of dry bulk transport. Financial details of the deal were not announced. Netradyne said J&M Tank Lines will deploy it artificial intelligence (AI) powered safety cameras throughout its fleet. Netradyne is venture backed by SoftBank Vision Fund 2, Point72 Ventures and M12, and has raised over $197 million.