Sat.Jul 24, 2021 - Fri.Jul 30, 2021

Investors Give Lift to Pet Care Company Front of the Pack

L.A. Business Journal

Christopher Wilkinson noticed that over the past few years dogs were going from “shed to bed” as more people started treating their pups like members of the family

5 Strategies For Recognizing Early The Need To Change

Startup Professionals Musings

Every entrepreneur realizes that change is now the norm, and they have to adapt their business quickly to survive and prosper. In fact, the best entrepreneurs seem to see breakthrough changes coming even before they really happen, and are able to turn them into huge new opportunities.

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Cubic Wins USAF Contract

socalTECH

San Diego-based defense contractor Cubic says this morning it has scored a new, U.S. Air Force contract, focused on Software Defined Radio (SDR). Cubic said the deal is worth over $10M. The Small Form Factor (SFF) Radio Phase 2 award is part of the United States Air Force (USAF) Data Links Enterprise (DLE) project.

SIGGRAPH 2021

SoCal Tech Calendar

Sunday, August 1, 2021 --.

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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.

After Fast Start, Social App Poparazzi Sees Slowdown

L.A. Business Journal

Poparazzi, a photo sharing app developed by Marina del Rey-based TTYL Inc., is among this year’s most hyped social media startups

6 Keys To Positioning Your Disruptive Solution Today

Startup Professionals Musings

Every entrepreneur with a new technology tells me that his innovation will be industry-disrupting, meaning that it will render the existing technology obsolete, and create a new market.

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Datacon LA Startup Showcase Deadline

SoCal Tech Calendar

Friday, July 30, 2021 -- Datacon LA Startup Showcase Deadline. Data Con LA, in partnership with TenOneTen Ventures, invites you to submit your startup pitch at our 2021 virtual Startup Showcase. Prizes awarded! The deadline for submission is July 30th. See [link].

Numerade Labs Raises $26 Million for AI Ed Tech

L.A. Business Journal

Santa Monica-based education technology platform Numerade Labs Inc. raised $26 million in Series A funding for its artificial intelligence-driven tutoring platform

6 Strategies To Maintain A Spotlight In Your Business

Startup Professionals Musings

Intuitively, many entrepreneurs and businesses believe that the key to faster growth and success is more products, features, and markets.

Jam City Abandons SPAC Effort

socalTECH

Los Angeles-based mobile game developer Jam City and special purpose acquisition company (SPAC) DPCM Capital said late Friday that the two comapnies are terminating their efforts, where DPCM Capital would acquire Jam City in a SPAC deal. The two companies cited "current market conditions" for calling off the deal. The two said calaling off the deal is the "best path forward for the parties and their respective stockholders."

Snap Earnings Surge in Second Quarter

L.A. Business Journal

Snap Inc. continues to post impressive financial gains, logging a record 116% increase in year-over-year revenue for the second quarter

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iHerb Files For IPO

socalTECH

Pasadena-based online vitamins, minerals, and supplements seller iHerb said last week that it has submitted a a draft registration statement on Form S-1 with the Securities and Exchange Commission, ahead of an initial public offering (IPO). The size of the IPO, pricing, and other details of the IPO were not announced. iHerb operates an online e-commerce business which sells vitamins, minerals, and supplements.

Rivian Pulls In Another $2.5 Billion

socalTECH

Electric car maker Rivian, which has significant operations in Orange County, has raised another $2.5 billion in funding, the company said on Friday. The funding brings the company's total raised to an astounding $10.5 billion. The new funding came from Amazon's Climate Pledge Fund, D1 Capital Partners, Ford Motor and T. Rowe Price Associates Inc., along with Third Point, Fidelity Management and Research Company, Dragoneer Investment Group and Coatue. Rivian is led by CEO RJ Scaringe.