Sat.Jan 11, 2020 - Fri.Jan 17, 2020

SpaceX's Elon Musk: One Million People To Mars By 2050

socalTECH

Elon Musk , the founder of SpaceX and Tesla Motors , says the goal of all of the spacecraft development at SpaceX is to send one million people to Mars by 2050. Saying that "there will be lots of jobs on Mars", Musk said he wants to load up a fleet of SpaceX Starships into Earth Orbit, sending nearly 1,000 ships at a time over 30 days every 26 months to the Red Planet, "Battlestar Galactica" style. Musk said his goal of making life interplanetary is " why I'm accumulating assets on Earth."

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Daré Bioscience Inks Deal With Bayer for Non-Hormonal Contraceptive

Xconomy

Daré Bioscience launched in 2015 with the aim of assembling a portfolio of novel women’s health products intended to pique interest from major pharmaceutical companies.

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7 Personal Attributes That Attract Investor Attention

Startup Professionals Musings

As a startup mentor, I’m always amazed that some entrepreneurs seem to be an immediate hit with investors, while others struggle to get any attention at all. Finally I realized that venture capital and angel investors are actually humans, despite some views to the contrary.

The electric scooter wars of 2019

TechCrunch LA

Throughout 2019, a number of mobility companies launched in additional markets, while many pulled out of areas that no longer served them. Meanwhile, transportation startups continued to raise more money even as they laid off employees, a sign that industry consolidation has officially begun.

The dangerous game: Hiring from a competitor

Berkonomics

Sometimes it is the first thought you or your managers have when in need of skilled talent, especially for sales or product development. It is not hard to find and observe the best employees of a good competitor at work, skillfully moving the competitor forward in a visible way.

SpinLaunch Raises $35 Million

L.A. Business Journal

Small satellite launch firm SpinLaunch Inc. has raised a $35-million equity round

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More Trending

Disrupting Space: A new event from TechCrunch

TechCrunch LA

Every radical turn in technology history has its great entrepreneur, and for space that person is SpaceX founder Elon Musk.

Startup Spotlight: Business AF Podcast

Startup San Diego

Meet Chris and Marisa, co-hosts of the Business AF podcast, a weekly LIVE podcast that features business owners, industry experts, professionals and more. Learn what challenges the hosts have overcome and what makes them tick.

March Capital Partners Leads Action IQ Series C

L.A. Business Journal

Santa Monica-based venture investors March Capital Partners led a $32 million funding round for data startup ActionIQ

5 Steps To A Winning Personal Brand For Entrepreneurs

Startup Professionals Musings

Although most people believe that being a successful entrepreneur is all about having the right idea, I’m convinced from my years of experience as a startup advisor and investor that’s it’s more about you as a person.

Homebound Gets $35M More For Home Rebuilding

socalTECH

Homebound , a startup which rebuilds homes after disasters--and which has offices in Malibu--has raised $35M in a Series B funding, the company disclosed this week, bringing its total raised to $53M. The startup--which is split between Santa Rosa, California and Malibu, California--said the Series B was led by Los Angeles-based Fifth Wall Ventures, and also included Khosla Ventures, Google Ventures, Ashton Kutcher, and Thrive Capital.

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AppSec California 2020 - by OWASP

SoCal Tech Calendar

Tuesday, January 21, 2020 -- Join your Information Security and Developer peers on the beach! Training classes start Jan 21, with the keynotes, talks and CTFs starting Jan 23. There will be 4 concurrent break-out sessions throughout both speaker days. The best speakers from around the world have been gathering at AppSec California now for six years. We guarantee you will leave the conference with lots of new knowledge and curiosity.

Warner Bros. Signs Cinelytic

L.A. Business Journal

Warner Bros. Pictures International is betting that artificial intelligence can help manage its expansive catalog

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10 Goodwill Elements To Raise Your Business Valuation

Startup Professionals Musings

Valuing a business based on assets and financial performance is a well-understood process, but every investor knows the real value goes well beyond these parameters, either higher or lower.

Cornerstone OnDemand Acquires Clustree

socalTECH

Santa Monica-based Cornerstone OnDemand. announced on Thursday that it has acquired Clustree , a developer of artificial intelligence software that uses machine learning and algorithms to match an organization's employees' skills with specific job roles. Cornerstone OnDemand said it agreed to paid approximately $18.5M in cash for Clustree, which is based in France. Clustree's customers included Carrefour and SNCF.

FDA Panel Votes Down Nektar Opioid Painkiller, Asks for More Data

Xconomy

[ Updated 1/15/2020, 8:51 a.m. See below. ]

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Riot Games Settlement Is Challenged by State

L.A. Business Journal

Five months after announcing a negotiated settlement in a sex discrimination and pay inequity lawsuit, Riot Games Inc. could be headed back to court

10 Attributes That Make You An Entrepreneur To Follow

Startup Professionals Musings

People who have been followers too long as an employee don’t realize how hard it is to be a leader.

Wavemaker Three-Sixty Health Completes Fundraising Efforts

socalTECH

Pasadena-based Wavemaker Three-Sixty Health , the seed-stage healthcare investment fund run by John Nackel, Jay Goss, Eric Marton and Kwame Ulmer, says it had the sixth and final close on its fund on December 31st. The firm said it now has more than 80 Limited Partners in the fund, with the majority being senior level healthcare executives across the US healthcare system.

Event Announcement: Xcelerating Life Sciences San Diego

Xconomy

Hollywood Software Firms Merge

L.A. Business Journal

Burbank-based Entertainment Partners has acquired Culver City-based software developer SyncOnSet Technologies Inc

Skyview Capital Buys Fidelis Cybersecurity

socalTECH

Los Angeles-based private equity investor Skyview Capital has acquired cybersecurity software developer Fidelis Cybersecurity a provider of network traffic analysis, digital forensics, and incident response software, the company said late Thursday. Financial terms of the stock transaction were not announced. Skyview Capital says that Fidelis has over 250 employees. Fidelity Cybersecurity is based in Bethesda, MD.

FabFitFun Names Chief Marketing Officer

socalTECH

Los Angeles-based FabFitFun , which offers up a seasonal "box" with a collection of products in the beauty, fashion, fitness, wellness, home, and tech areas, has named its very first Chief Marketing Officer. The company said that that Louisa Wee has joined the company to help oversee strategy and execution of the company's marketing initiatives, plus brand, content and creative programming.

SpinLaunch Finds $35M For Orbital Launch Systems, Expansion In Long Beach

socalTECH

Long Beach-based SpinLaumch , a space startup working on oribal launch systems which use a kinetic launch system to deliver payloads into space from the ground using a mass acceleration system, has raised $35M more, the company said on Thursday afternoon. The company said the funding came from Airbus Ventures, GV, KPCB, Catapult Ventures, Lauder Partners, John Doerr and Byers Family. The new funding brings the startup's total funding to $80M.

Factual Rolls Out New Data Product

socalTECH

Los Angeles-based location data provider Factual rolled out a new product, Data Enrichment , which the company said allows businesses to "enrich first-party customer data" with its own, real-world visitation data. According to Factual, the product will help businesses to better understand their customers, and to improve audience modeling based on real-world behavior. Pricing on the new product was not announced.

Tyra Biosciences Takes $50M For Oncology Drugs

socalTECH

Carlsbad-based Tyra Biosciences , a new startup developing therapies targeting acquires resistance in oncology, has raised $50M in its Series A funding, the company said last week. The round was o-led by Alta Partners, RA Capital Management, Boxer Capital of Tavistock Group, and Canaan. The company said it is aiming to develop very specific compounds targeting drug resistant cancer cells and populations.

Emburse Swallows Up Chrome River, Launches New Unified Company

socalTECH

A new, Los Angeles-based company, Emburse , launched today, out of the acquisition of six different expense and accounts payable (AP) automation companies, including LA-based Chrome River. Emburse said this morning that it has created a single, unified entity, emcompassing companies Abacus, Captio, Certify, Chrome River, Nexonia, and Tallie. All of those companies had provided some aspect of expense management. Chrome River acquired Emburse back in July of 2019.

March Capital Partners Leads $32M Investment In ActionIQ

socalTECH

Los Angeles-based March Capital Partners is the lead investor in a big, $32M funding round for ActionIQ , a startup which provides personalization software to enterprise customers. ActionIQ said this week that it raised $32M in its Series C funding, which was led by March Capital Partners, and also included Sequoia Capital, Andreessen Horowitz, and FirstMark Capital. As part of the funding, March Capital's Meredith Finn, a Partner at the firm, will join ActionIQ's board.

Califia Farms Finds $225M More For Plant-Based Beverages

socalTECH

Los Angeles-based Califia Farms , which makes oat milk; probiotic, plant-based yogurt; almond milk; and other plant-based beverages, said on Wednesday that it has raised $225M more in a funding round. The Series D funding for the company was led by Qatar Investment Authority, and also included Temasek, Claridge, Green Monday Ventures, plus an un-named family office from Latin America from the coffee and consumer products industry. Califia Farms is led by founder and CEO Greg Steltenpohl.

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Alexandria LaunchLabs Dangles $100,000 Prize, Plans LA Expansion

socalTECH

Alexandra Real Estate Equities , a real estate investment trust (REIT) operator which has offices in Pasadena, said this morning that it is offering up a $100,000 prize for early stage agtech and food companies, and also apparently is working on a new property in the Los Angeles area. The REIT operates Alexandra LaunchLabs , which offers up laboratory and office space, entrepreneurial support, and programs to life sciences and agtech companies.

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