Sat.Feb 27, 2021 - Fri.Mar 05, 2021

There’s Still Time to Commit to Your 2021 Health & Fitness Plan

Both Sides of the Table

It’s March 1st as I write this*. The year is two months in. Seems like just a moment ago it was New Year’s Day and we were all committing to our better selves for 2021 as so many of us do.

Do you really want to be the first to market?

Berkonomics

My stories of missing the context of the times. Over the years, as I managed my several computer companies as CEO or executive chairman, I made the decision to go to market with a brand-new product that had never before been exposed to my customer’s marketplace.

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Maestro nets $15 million for its interactive commerce, community and engagement tools for livestreams

TechCrunch LA

Making money on livestreams has never been easier thanks to a suite of tools from the Los Angeles-based startup Maestro , which just nabbed $15 million in financing to grow its business.

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8 Ways An Incubator Can Accelerate Your New Venture

Startup Professionals Musings

More and more entrepreneurs are hearing about the successful graduates and investors queued behind a few well-known startup incubators, including Y Combinator, TechStars, and the Founder Institute.

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.

Boingo Wireless Acquired for $854 Million

L.A. Business Journal

Internet provider Boingo Wireless Inc. is set to be acquired by an affiliate of investment firm Digital Colony Management in a deal valued at $854 million

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EDF Renewables North America Inks PPA For Solar Project

socalTECH

San Diego-based renewable power developer EDF Renewables says it has inked a customer for one of its solar developments in Texas. According to EDF Renewables, it signed a virtual Power Purchase Agreement (PPA) with an affiliate of Enterprise Products Partners L.P. for 100 MWac / 132 MWdc at the project, which will have a capacity of 345 MWac / 455 MWdc. The Space City Solar project is located in Wharton County, Texas. renewables north america solar cleantech texas

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10 Strategies For Finding Stronger People Connections

Startup Professionals Musings

Just because you are an entrepreneur, or work in a startup, you can’t ignore the rules of building and maintaining relationships.

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W Tenth Raises $1.5 Million To Promote Women-Owned Businesses

L.A. Business Journal

East Hollywood-based startup W Tenth Co has raised $1.5 million to further develop an app to promote businesses owned by women

Nex Cubed Launches Summer Acceleration Program Focused On HBCU Founders

socalTECH

San Diego-based startup accelerator operator Nex Cubed says it has launched a virtual, summer startup acceleration program, focused on founders from historically Black colleges and universities (HBCUs). According to the company, participants in its program will receive $10,000 in non-dilutive capital, technical resources to develop a minimally viable products, physical working space in Silicon Valley, business advice, as well as service provider perks and discounts.

Startup San Diego Launches Incubator For Early-Stage Cos.

Startup San Diego

The post Startup San Diego Launches Incubator For Early-Stage Cos. appeared first on Startup San Diego. Startup News

How To Know It’s Time To Exit Your Company Gracefully

Startup Professionals Musings

For most entrepreneurs, their current business is not where they intend to stay until they die. At the right time, they all intend to make a graceful exit, and leave while still perceived to be on top of their game.

2021 Environmental Business Special Report

L.A. Business Journal

Local private and public sector visionaries plan to answer the call for creating a broad and reliable EV infrastructure

Report 130

NextCar, Led By Scott Painter, Gears Up For Launch With Exec Team

socalTECH

Santa Monica-based NextCar, the newest automotive-focused startup led by startup veteran Scott Painter, is gearing up for the launch of the company, saying this week that it has named a senior management team.

Solana Beach Company Chosen For Inaugural Startup San Diego Incubator

Startup San Diego

The post Solana Beach Company Chosen For Inaugural Startup San Diego Incubator appeared first on Startup San Diego. Startup News Uncategorized

7 Ways To Balance Your Heart And Logic With Investors

Startup Professionals Musings

Based on my own years of experience in startups and big business, and more recently as an angel investor, I often cringe when I see one of you entrepreneurs missing a cue that I have seen work for many before you.

Emotive Raises $50 Million for Text Messaging Campaigns

L.A. Business Journal

Sawtelle-based text messaging software platform 317 Labs Inc., which does business as Emotive, has raised $50 million in series B funding

Whatnot Snags $20M

socalTECH

Los Angeles-based Whatnot, which operates an online livestreaming service focused on selling collectibles like Pokemon and sports cards, has raised $20M in its Series A funding, the company said on Thursday. The funding was led by Andreessen Horowitz, and also included Y Combinator, Wonder Ventures, Operator Partners, Scribble Ventures, Steve Aoki and Chris Zarou. The company said the lead on the investment by Andreessen Horowitz was General Partner Connie Chan.

These 10 startups chosen for San Diego’s first Startup Month incubator

Startup San Diego

The post These 10 startups chosen for San Diego’s first Startup Month incubator appeared first on Startup San Diego. Startup News

7 Current Market Forces Bring Startup Opportunities

Startup Professionals Musings

Startups are the corporations of the future, so I have long believed that entrepreneurs who study existing corporate models, rather than ignoring them with disdain, will likely profit from the exercise.

Dispo Gets $20 Million for Trendy Photo App

L.A. Business Journal

Dispo Inc., the company behind one of the hottest apps of the new year, has reportedly raised $20 million in new funding at a hefty $200 million valuation

Report 130

URB-E Gets $5M For Urban Delivery Network

socalTECH

Los Angeles-based URB-E, a startup developing a "last mile" urban delivery network based on containers and bicycles, has raised $5M in a Series A funding round, the company said today. According to the company, the funding was led by UBS Group. URB-E says it is developing a "containerized" delivery network in urban areas, focused on small container systems which are rolled on and off into parking spaces, and where the last mile is delivered via bicycle.

Top Advantages of Optical Wavelength Services

Southern California Edison Blog

Optical wavelength networks provide organizations with several capabilities that enable them to promote workplace productivity and stay competitive.

Innovation Keeps San Diego’s Startup Scene Alive

Startup San Diego

The post Innovation Keeps San Diego’s Startup Scene Alive appeared first on Startup San Diego. Startup News

Red 6 Snags $7M For Augmented Reality Air Combat Systems

socalTECH

Santa Monica-based Red 6, which is developing augmented reality air combat training systems, announced this morning that it has raised $7M in a funding round. The company said the funding was raised via a financial arrangement called a SAFE (Simple Agreement for Future Equity). The new funding was led by Red Cell, Snowpoint Ventures, and Octave, and also included Moonshots Capital, Irongate, TR Aeroventures, and Marlinspike.

Newegg Looks To Hire And Place Fry's Electronics Workers

socalTECH

Los Angeles-based online electronic retailer Newegg said on Friday that it is looking to take advantage of the recent closure of Fry's Electronics, to both hire and place workers from the now defunct electronics chain. According to Newegg, it has "dozens" of open positions at its City of Industry headquarters, and also that its in-house staffing agency, Newegg Staffing, is actively recruiting for outplacement roles at local businesses, including temporary, permanent and seasonal positions.

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GoodRx Launches Charity Effort

socalTECH

Santa Monica-based healthcare savings marketplace operator GoodRx says it has launched a new, charitable effort, which it says will provide free prescriptions and care to patients in need. According to the company, it has has partnered with the National Association of Free and Charitable Clinics (NAFC) to provide free medications to those who are unable to afford healthcare due to systemic barriers.

FreeConferenceCall.com Launches Video Conferencing Service, Huddle

socalTECH

Long Beach-based free conference calling service FreeConferenceCall.com says it is launching itself into the video conferencing market, with a new service called Huddle. According to the company, it will allow the first 10,000 customers of the service to pick their own price for whatever they think the service is worth. The new Huddle service competes against market leader Zoom.

Virgin Galactic Chairman Cuts Personal Stake

socalTECH

The Chairman of space tourism firm Virgin Galactic, investor Chamath Palihapitiya, has reportedly sold another 6.2 million shares of his stake in the firm, worth roughly $213M, according to reports. The stake represents Palihapitiya's last personal holding in the company, although he does hold shares in a partnership that also owns parts of Virgin Galactic.

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Interview with Buck Jordan, Miso Robotics

socalTECH

For our interview today, we caught up with Buck Jordan, the founder of Miso Robotics (www.misorobotics.com), to hear more about what the company is doing with robots in the food service business; how the pandemic has helped push interest in its technology; as well as heard more about the company's unusual move to raise its funding from equity crowdfunding rather than more traditional venture capital. What is Miso Robotics?

Red 6 Bolsters Advisors With Former Air Force Assistant Secretary

socalTECH

Santa Monica-based augmented reality, air combat training technology developer Red 6 said on Thursday that it has added Dr. Will Roper, former Assistant Secretary of the Air Force for Acquisition, Technology and Logistics (AT&L). Red 6 said Roper was responsible software, artificial intelligence (AI), and digital engineering, and initiated high-tech programs for hypersonic weapons, autonomous drones, advanced satellites and rockets, and a militarized Internet of Things (IoT).

Clean Energy In $400M Joint Venture With Total SE

socalTECH

Newport Beach-based renewable natural gas producer Clean Energy Fuels, which produces natural gas from methane captured from decomposing organic waste, says it is in a $400M joint venture with energy giant Total SE. According to the companies, they are in a 50/50 joint venture to develop carbon-negative renewable natural gas (RNG) production facilities in the United States, as well as credit support to build additional downstream RNG fueling infrastructure.

SpaceX Launches, Lands SN10 Starship, Which Later Explodes

socalTECH

Hawthorne, California-based SpaceX had another launch and landing test of its Starship spacecraft, successfully launching and landing the SN10 Starship--which then spectacularly exploded on the launch pad. The Starship is the latest prototype of the space vehicle to be destroyed in testing, as SpaceX has been moving towards launching the extremely large spacecraft into space.

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Fanatics Adds Magic Johnson To Board

socalTECH

Los Angeles-based tech-focused, sports merchandise company Fanatics said on Wednesday that it has added Earvin "Magic" Johnson to its board of directors. Johnson--best known for his basketball--currently is the Chairman and Chief Executive Officer of Magic Johnson Enterprises, an investment firm. He's a co-owner of the Los Angeles Dodgers and holds ownership stakes in the WNBA's Los Angeles Sparks, Major League Soccer's Los Angeles Football Club, and eSports franchise Team Liquid.

Amgen Acquires Five Prime Therapeutics For $1.9 Billion

socalTECH

Thousand Oaks-based. amgen five prime therapeutics merger acquisition clinical oncology cancer biotech lifescience

Slingshot Aerospace Names Advisory Board

socalTECH

El Segundo- and Austin-based Slingshot Aerospace says it has named a Board of Advisors, which will provide it with counsel, advice, and support. The company--which develops software used for combining data from satellites, ground-based sensors, and their sources and applies machine learning and other techniques to improve analysis--said it added Chuck Beames, Karen Diener, Susan Helms, Moriba Jah, Keith Masback, Chris Mattmann, and Marissa Peretz to the new advisory group.

Procore Launches IPO Effort, Targets NYSE

socalTECH

Carpinteria-based construction management software developer Procore, which just launched an IPO effort, said today that it plans to list its common stock on the New York Stock Exchange under the ticker symbol PCOR. The company has not yet indicated how much it intends to raise in its initial public offering, which is being underwritten by Goldman Sachs & Co. LLC, J.P. Morgan, Barclays, Jefferies, Canaccord Genuity, KeyBanc Capital Markets, Oppenheimer & Co.,

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