*PEOPLE: UCI Beall Applied Innovation Hires Managing Director To Promote the Use of UCI Research
UCI Beall Applied Innovation has named David Tiemeier the managing director for the Research Translation Group, effective September 3. He will report directly to Richard Sudek, Applied Innovation’s executive director and chief innovation officer at UCI. In this role, Tiemeier will
NEWS: Upscale Tea Company Seeks $100,000 To Expand Into Japan and Canada
An innovative tea company has launched an equity crowdfunding campaign to raise $100,000. Charles & Company, with HQ in Long Beach, originally launched about five years ago. It currently offers various types of organic, upscale tea through its website. Founder Lawrence
NEWS: Innovative Packaging Company for Cannabis Industry Obtains $50 Million in Credit
An innovative packaging company for the cannabis industry today announced that it closed on a $50 million credit facility. The financing obtained by KushCo, www.kushco.com, from Monroe Capital, consists of a $35 million revolving line of credit and an accordion of up to $15 million. The facility will
*PEOPLE: Memo Gets the Memo: You’re the New President of Parcel Pending
An innovative Irvine company that created lockers to store packages today announced the hire of veteran executive Greg Memo as president. Parcel Pending handles the receipt of more than 1.5 million packages delivered monthly in over 48 states and Canada. Memo will
*NEWS: SEC Charges Stuart Frost and His Investment Advisory Firm with Fraud
The manager of several investment funds, who lost a multi- million arbitration case, has now been charged by the SEC with fraud. The Securities and Exchange Commission charged Stuart Frost and his investment advisory firm Frost Management Company with fraud and breach of
*UPDATE: TCA Hits Two Milestones
An angel investing group with HQ in Irvine today announced that it has invested in its 400th company. Tech Coast Angels has already experienced several prominent exits so far this year: acquisitions of Parcel Pending (20x), Portfolium (6x), and Salarius
*NEWS: Protecht Partners with Spectra for Exclusive Ticket Purchase Protection
A company that offers insurance for those purchasing tickets to events has announced another partnership, this time with Spectra, a company that handles venue management, hospitality and partnerships. The partnership was announced in an August 13 press release. As a
*UPDATE: USC Program That Fosters EdTech-Based Startups Announces $13 Million Raised Collectively by its First Cohort
The USC Rossier EdVentures program has completed its first cohort, providing 16 edtech companies from around the globe with mentorship and financial support. These student- and alumni-founded companies, as well as companies from five countries, are developing products that enhance
*NEWS: WeWork Files For $1 Billion IPO
This article was originally published by SoCalTech, with whom OCSN has a partnership. WeWork, the co-working space operator which has a significant presence across Southern California, has filed for an IPO, saying this morning that it is looking to raise up
*NEWS: Personalized Nutrition Startup Wins LA Startup Competition
A startup working on personalized health and nutrition powered by an individual’s unique DNA won the 153 Startup Battle in L.A. last week. Gini Health, with HQ in Canada, was named the winner out of 10 startups representing fields including