NEWS: SoCal Funding Roundup – July 6-10, 2020: Okami Medical, LaneAxis, Kernel, Aerovironment, Grow Credit, Outstanding Foods, VelosBio
Here are startups throughout SoCal that announced receiving investments this past week, July 6 - July 10, 2020. And, also those that opened up new rounds or extensions. And, entities that made investments or started new funds. San Diego saw the
NEWS: Startup That Developed Personal Shopping Concierge Seeking $1 Million in Seed Round
A shopping concierge app that pivoted to serve people at home during the lockdown is now raising a seed round and seeking $1 million. MyShoperoo has already secured 20% of the round from previous investors. It hopes to close the round by
NEWS: New Voting App Promises “Unbiased” Data and a Matchmaker Capability Based on Aligned Voting Preferences
As the presidential election in November draws closer, a startup has created an app with resources for voters to stay informed. This app then proceeds to take user data, with their permission, and sells it to a bunch of demographics, including
NEWS: SoCal Funding Roundup June 29 – July 3 – Anduril, Arqlite, SpringHill Entertainment, Airvet, Elementary Robotics, Tusimple, GroupSolver
Here are startups throughout SoCal that announced receiving investments this week, June 29 - July 3, 2020. And, also those that opened up new rounds or extensions. And, entities that made investments or started new funds. Orange County (military defense): Anduril, raised
UPDATE: Inside Anduril: There are No Ethical Standards for the AI Tech Anduril is Using. CEO Palmer Luckery Doesn’t Have a Problem With That. And, He’s Taking No Initiative to Do Anything About It, on a Local, National or Universal Level….
See this must-read by NBC News here: https://www.nbcnews.com/tech/security/inside-anduril-startup-building-ai-powered-military-technology-n1061771 Anduril has not responded to inquiries from OCSN. It recently raised $200 million in a Series C round. See related article here: https://www.ocstartupsnow.com/news-socal-funding-roundup-june-29-july-3-anduril-arqlite-springhill-entertainment-airvet-elementary-robotics-tusimple-groupsolver/
NEWS/OPINION: $2.5 Million Invested in Carlsmed’s Seed Financing Round Is Significant Due To Personalized Medicine Mega-Trend
Last week, SD medtech startup Carlsmed announced it had raised $2.5 million. This is an opinion piece written by the company's part-time CFO, Alexander Arrow, a Harvard Medical School-trained doctor. This is his opinion on the significance of this raise
NEWS: SoCal Funding Roundup, June 22-26, 2020: Carlsmed, Poseida Therapeutics, ClickUp, Pipe Technologies, Upfront Ventures
Correction: A company that announced raising $2.5 million was inadvertently left out of the funding roundup. Carlsmed, a SD startup in the spinal implant market, closed an over-subscribed $2.5 million financing round -- 250% of its goal of raising $1
UPDATE/INNOVATION: 4th St. Market Used Lockdown Time to Revamp the Urban Venue. Re-Opening Slated for July 11
A food hall in Santa Ana is undergoing a re-design and plans for a hard re-opening on July 11. It's now in a soft re-opening phase. And it's added a slogan to its original moniker. It's now 4th Street Market:
NEWS: Digital Motors Becomes Part of Jaguar Digital Program
A digital retail and online vehicle sales platform has been named a certified vendor for the Jaguar Land Rover Digital Certified Program. The certification makes Digital Motors, with HQ in Irvine, a top recommended choice for Jaguar Land Rover retailers upgrading
UPDATE: Happy Fox Achieves $10M in Annual Recurring Revenue, With No Outside Funding
A startup that developed customer support software has achieved $10 million in annual recurring revenue, a metric for SaaS or subscription businesses with term subscriptions. And, Happy Fox did it with no outside funding at all, which founder and CEO Shalin