Sat.Dec 09, 2017 - Fri.Dec 15, 2017

Blockchain-Based Health Care Start-Up Curisium Raises $3.5 Million

L.A. Business Journal

Curisium, a Manhattan Beach–based start-up company that allows health care systems and biotech firms to contract through blockchain technology, has raised $3.5 million from investors, officials announced Thursday

Ginkgo Bioworks Pulls In $275M as Synthetic Biology Funding Soars

Xconomy

Companies sometimes raise big venture capital rounds to invest in equipment, people, and other tools for growth. Other times they do it to provide the business a cash cushion. And sometimes it’s about giving potential customers and partners more confidence in the fledgling company.

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How Digital Entrepreneurs Approach Startup Life

Tech.Co

If you are thinking “Should I build an office out of my garage, Apple or Hewlett-Packard style?”, read on.

Men Say …

Both Sides of the Table

Men use similar tropes on why #MeToo may go too far. It’s time to break these down. It’s time for more men to start saying, “enough is enough,” “I believe her,” and “I will step out of my comfort zone and speak up so that others feel empowered to follow me.” Men will make mistakes.

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How would you like a great advisory board?

Berkonomics

Have you ever thought of creating an advisory board? As you can guess, that would be an informal group with no legal responsibilities, but one able to be called upon to act as business, industry and scientific advisors to you and the company.

Silicon Beach Dec. 13: Online Bank Aspiration Raises $47 Million

L.A. Business Journal

Online bank Aspiration raises $47 million; Dreamscape Immersive partners with Nickelodeon for virtual reality project; and Sophia Amoruso’s digital media firm Girlboss raises another $2 million

Media 40

What Are the Nation’s Top Cities and Regions for Driverless Tech?

Xconomy

View the Slideshow Whether you think self-driving cars are the stuff of science fiction or a potentially paradigm-shifting new form of transportation, autonomous vehicles are coming—and the companies developing them are spending big money to make it happen. A few years ago, industry analysts seemed to think Silicon Valley would win the race to get self-driving cars on the road—and plenty of tech giants are involved in their development, including Apple, Google, Uber, Tesla, and Intel.

Snap Rolls Out New AR Lens App, Lens Studio

socalTECH

Venice, California-based Snap said on Thurday that it has rolled out a new tool, which lets designers create and build augmented reality lenses for Snapchat. The new tool, Lens Studio , allows users to build and launch immersive Lenses--such as your own dancing hot dog, or rainbow barfing unicorn--and publish them to Snapchat. The company said the tool is not just built for developers, but also creatives, students, and brands. READ MORE>>. snapchat software reality augmented studio lens snap

Gene Therapy Advances, But Hemophilia is no Easy Target

Xconomy

Mark Skinner, the former longtime president of the World Federation of Hemophilia, has had the blood disease on his mind his entire life. He doesn’t have a choice.

Miso Robotics Hires COO to Help Expand Restaurant Installations

L.A. Business Journal

Miso Robotics, a maker of burger-flipping robotic arms, announced it has appointed former Yahoo executive Melissa Burghardt as its chief operating officer

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Silicon Beach Report Dec. 12: Miso Robotics Hires COO to Help Expand Restaurant Installations

L.A. Business Journal

Miso Robotics hires COO to help expand restaurant installations; NASA sees equivalent risk of launching used SpaceX rocket booster; and satellite data analysis startup Slingshot Aerospace raised $3.25 million

3 A.I. Predictions for 2018: Emotion, Data, Ethics

Xconomy

Emotion A.I. will increase our humanity and empathy for each other. In recent years, the smartphones, bots, and devices we spend so much of our time with could be accused of contributing to the desensitization of our society. When a fight breaks out, some teens’ first reaction is to pull out their phones and take a video, rather than call for help. We can yell mean things at our Amazon Alexa device without any consequences. These are just a few examples. In 2018 and beyond, this will change.

Silicon Beach Report Dec. 14: Disney to Gain Control of Hulu after 21st Century Fox Asset Acquisition

L.A. Business Journal

Disney to Gain Control of Hulu after 21st Century Fox asset acquisition, TrueCar settles lawsuit with California New Car Dealers Association and Lily raises $2 million for personal stylist

Silicon Beach Report Dec. 15: SpaceX Launches Dragon on Used Falcon 9

L.A. Business Journal

SpaceX launches Dragon on used Falcon 9; Cigna acquires Brighter for undisclosed amount; and TrueCar settles lawsuit with car dealer association

Silicon Beach Report Dec. 11: Soylent Founder to Step Down from CEO Role

L.A. Business Journal

Soylent founder to step down from CEO role; Snapchat is trying to make inroads with advertisers in China; and SpaceX to launch used booster and spacecraft

Brighter Acquired By Cigna

socalTECH

Santa Monica-based Brighter , the dental healthcare startup led and co-founded by technology veteran Jake Winebaum and co-founder Jason Szczuka, has been acquired by Cigna. Financial details of the acquisition were not announced. Brighter was venture backed by Mayfield Fund, Benchmark, Tenaya Capital and General Catalyst. Brighter's service had allowed consumers to shop for local dentists, and also had a deal with insurers to integrate local dentists into their service directories.

SpaceX Has Successful Launch, Landing For NASA

socalTECH

SpaceX has successfully launched a mission to the International Space Station (ISS) this morning, the Commercial Resupply Services 13 (CRS-13) mission, in the first time the rocket and spacecraft developer has used a previously launched Falcon 9 first stage, as well as previously used Dragon spacecraft for NASA. SpaceX also successfully landed the first stage of its Falcon 9 at "Landing Zone 1", which it said is its 20th successful recovery of a first stage booster. READ MORE>>.

Villiger Raises Seed Funding

socalTECH

Los Angeles-based Villiger , a startup developing a mobile app to help parents book tutors, baby sitters, and other services, has raised a seed round of funding, the company said this week. Size of that funding round was not announced. The company said the funding came from Mangrove Capital, Nir Zohar (President and COO, WIX), and Stephen Stokols (CEO, FreedomPop). Villiger's CEO is Walton Goggins.

Hyperloop One's Pishevar Out At Sherpa Capital

socalTECH

Shervin Pishevar , co-founder and Chairman of Los Angeles-based Virgin Hyperloop One , has resigned from his post at his venture capital firm, Sherpa Capital. In a statement on Thursday, Pishevar said he has "decided on my own accord" to end his association with Sherpa Capital. Pishevar had already been on a "leave of absence" from the firm. Pishevar has been accused of sexual misconduct by five women.

HAAWK Buys RoyaltyClaim and TuneRegistry

socalTECH

Los Angeles-based a href="[link] , the startup led by Ryan Born which focuses on rights management, copyright enforcement, and content monetization, has acquired two startups, TuneRegistry , and RoyaltyClaim. Financial terms of the acquisition were not announced. As part of the acquisition, HAAWK said it has named TuneRegistry and RoyaltyClaim founder Dae Bogan as CEO, and named TuneRegistry co-founders Jesse Morris, Kara McGehee, and Shane Zilinskas will serve as HAAWK's CLO, CPO, and CTO.

CTO 2

Mondicon Sets Up Shop In Santa Monica, Rolls Out Mobile WiFi Hardware

socalTECH

Dutch electronics developer Mondicon said Wednesday afternoon that it is setting up an office in Santa Monica, as it launched its products into the United States. The company said it is launching a secure, mobile Wi-Fi hotspot it calls the We.Stream at CES, a secure, mobile hotspot that lets users purchase data in increments of 2GB, 5GB or 10GB from its own touch screen. The company said it is now looking for U.S.based distributors and resellers for its device, which costs $179. READ MORE>>.

Atom Tickets Signs Up Showcase Cinemas

socalTECH

Los Angeles-based online movie ticketing service Atom Tickets has signed up a new, cinema chain, adding National Amusements' Showcase Cinemas to its platform. According to Atom Tickets, the deal will add nearly 400 screens Connecticut, Massachusetts, New Jersey, New York, Ohio and Rhode Island to its ticketing app and website. Atom Tickets says it now has nearly 19,000 screens across the U.S. on its platform. READ MORE>>.

Dreamscape Immersive Raises $30M

socalTECH

Los Angeles-based Dreamscape Immersive , which is working on opening up physical "VR centers" across the country, said Wednesday that it has raised $30M in a Series B funding round. The funding included investments from Nickelodeon, Majid Al Futtaim, VRSense Solutions Limited, and Image Nation Abu Dhabi along with Bold Capital Partners, 21st Century Fox, and Warner Bros. The company said it is hoping top open up its first location at the Westfield Century City Mall sometime next year.

Sophia Amoruso's Girlboss Raises $3.1M

socalTECH

Los Angeles-based Girlboss , a startup founded by former NastyGal founder Sophia Amoruso, has raised $3.1M in seed funding. The funding was led by Lightspeed Venture Partners, and also included others. Girlboss is a "lifestyle brand" focused on female empowerment, and offers up articles, books, a podcast, and "rallies" featuring talks, panels, keynotes, and workshops led by women. As part of the funding, Lightspeed's Nicole Quinn joins the company's board of directors. READ MORE>>.

Lily Lands $2M For Personalized Fashion Recommendation Bot

socalTECH

Los Angeles-based Lily , a startup developing a "bot" which works with users to find their personalized style and fashion, and helps them find clothing to match that style, has raised $2m in a seed funding round. The funding came from NEA, as well as other, un-named investors. According to Lily, it is using machine learning and other software to help recommend clothing to women. Lily's co-founder and CEO is Purva Gupta. READ MORE>>.

March Capital Backs Video Game Developer nWay

socalTECH

Los Angeles-based venture capital investor March Capital Partners is one of the lead investors in a round for mobile video game developer nWay , which announced a $11M funding on Wednesday. According to nWay, the funding, which was facilitated by Lionsgate, was led by both March Capital Partners and Ridge Ventures, and also included Baseline Ventures (Steve Anderson), TransLink Capital (Jay Eum) and WI Harper Group (Jeffrey Chu).

Syndio Solutions Scores $650K Seed Funding

socalTECH

Los Angeles-based Syndio Solutions , a developer of web-based software to help companies ensure compliance with state and federal equal pay for equal work laws, has raised $650,000 in its seed funding round, according to the company. The funding was led by Frontier Ventures. According to Syndio Solutions, Robert Perille of Frontier Ventures joins the company's board with the funding.

Clearlake Capital Group Recaps Knight Energy Holdings

socalTECH

Santa Monica-based private equity investor Clearlake Capital announced this morning that it has led a recapitaliation of Knight Energy Holdings , a provider of oilfield rental tool services for the oil and natural gas industry. Financial details of the recapitalization were not announced. Knight Energy Holdings was in Chapter 11 bankruptcy. Clearlake and Knight said the recap resulted in the reduction of more than $175 million in the Company�s total debt balance. READ MORE>>.