Sat.Nov 30, 2019 - Fri.Dec 06, 2019

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SpaceX Successfully Launches Another Payload To ISS

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Hawthorne-based SpaceX successfully launched yet another payload to the International Space Station (ISS) on Thursday, launching a SpaceX Falcon 9 rocket to space from Cape Canaveral Air Force Station and launchpad SLC-40. The SpaceX Dragon is delivering science investigations, supplies and equipment. The SpaceX CRS-19 mission is delivering 5,700 pounds of supplies and payloads to the ISS.

SpaceX 100
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Riot Games Creates New Publishing Label

L.A. Business Journal

Riot Games announced the launch of Riot Forge, a third-party developer publishing label.

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Acadia Looks to Expand Drug Beyond Parkinson’s Disease Psychosis

Xconomy

Acadia Pharmaceuticals revealed late-stage clinical data this week that could support bringing its drug for psychosis to a broader group of patients. The Acadia (NASDAQ: ACAD ) drug pimavanserin (Nuplazid) is currently approved for treating psychosis associated with Parkinson’s disease. But the San Diego-based company has also been testing the drug in dementia-related psychosis (DRP), which includes those with Alzheimer’s disease, dementia with Lewy bodies, Parkinson’s disease dementia, vascular

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How do you handle your cash reserves?

Berkonomics

Here comes some advice for all of us to use in business or in our personal lives. But to understand it, we need to delve into the short-and long-term sources and uses of cash. Good cash strategies to remember. It is tempting to use available cash in good times to build the business and in challenging times to pay the bills and even to outdo competitors in marketing efforts.

Email 156
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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.

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Interview with Clint Brauer, Greenfield Robotics

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How do you reduce or eliminate the huge amount of chemicals farmers need today in farming for crops such as corn, soybean, or milo -- and help overcome the growing resistance of weeds to those chemicals? Greenfield Robotics (greenfieldrobotics.com), is a startup, split between Los Angeles and Kanasas, which is working on robotic systems which make it possible for farmers to remove their reliance on chemical sprays.

Startup 197
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VC Draper Moves into LA

L.A. Business Journal

Timothy Draper has a history of funding some of the technology sector’s most prolific startups and now the venture capitalist is bringing his money to Los Angeles.

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7 Questions To Test Your Potential As An Entrepreneur

Startup Professionals Musings

As a mentor to aspiring entrepreneurs, the most common question I get is, “I want to be an entrepreneur -- how do I start?” The obvious answer is that you need an idea first, but I’ve come to realize that the process is really much more complex than that. Many people with great ideas never make it as entrepreneurs, and true entrepreneurs can make a business out of anything.

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Video Interview: Dane Rudy, Leo Aerospace

socalTECH

Our video interview today is with Dane Rudy , the CEO and founder of Leo Aerospace (www.leoaerospace.com), a startup in the space industry, which is developing delivery systems for CubeSat satellites. READ MORE>>.

Startup 130
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AECOM Lands Two Large European Contracts

L.A. Business Journal

Century City-based engineering and infrastructure firm AECOM is taking on two new European construction projects, including what will be the longest rail tunnel in the world.

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LAVA Holiday Party and Global LAVA Relaunch

SoCal Tech Calendar

Thursday, December 12, 2019 -- LAVA Holiday Party and Global LAVA Relaunch. LAVA Holiday Party and Global LAVA Relaunch! Join us for a celebration of the season and the success of 2019! A special Holiday Party and relaunch of Global LAVA. Special Venue is Delair Studios in Hollywood. Come visit with LAVA members and Friends. Also featured is the Delair Studio Screening Room and a special screening using a new cinematic projection and audio system.

LAVA 100
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10 Financing Alternatives For Your Next New Venture

Startup Professionals Musings

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. I often get asked about the real alternatives to bridge this valley, and there are some good ones I will outline here.

Startup 128
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VICE Digs Into Ring

socalTECH

In a three part series, VICE has decided to dig into the background and history of Santa Monica-based Ring , and how the company--and founder, Jamie Siminoff--turned the device into one of the most successful electronics products out there today, in addition to digging into the controversy behind the company's cozy relationship with law enforcement.

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ServiceTitan Acquires WaterSoftWare

L.A. Business Journal

Glendale-based software firm ServiceTitan acquired water treatment software developer WaterSoftWare for an undisclosed sum.

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Veracyte Aims to Expand Diagnostics Reach With $50M NanoString Deal

Xconomy

Veracyte, a company whose tests help physicians make treatment decisions, is adding technology from NanoString to the fold to expand its diagnostic capabilities. South San Francisco-based Veracyte (NASDAQ: VCYT ) announced Tuesday that it has reached a deal for global rights to develop and commercialize diagnostics based on the nCounter FLEX system.

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10 Early Business Strategies That Can Lead To Failure

Startup Professionals Musings

Starting a new business is a serious undertaking. Yet many aspiring entrepreneurs I know approach it as a fun project, get-rich quick scheme, or perhaps an expensive hobby. Others quit their day jobs and commit everything to their new passion, without regard for their own well-being, or the welfare of others around them. Neither of these approaches bodes well for success.

Startup 127
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Puma Biotechnology Extends License Deal

socalTECH

Los Angeles-based biopharmaceuticals developer Puma Biotechnology , which is developing treatments for breast cancer, says it has extended a license agreement it has with Pierre Fabre , to cover commercial rights in the Middle East, South Africa, Sudan, and Turkey. Pierre Fabre already had the exclusive rights to develop and commercialize its lead compound, NERLYNX, within Europe and parts of Africa.

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Wag Names New Chief Executive

L.A. Business Journal

Wag Labs Inc. said product head Garrett Smallwood has replaced Hilary Schneider as the company's chief executive.

Product 147
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Partner or Die: How to Succeed Even After the Digital Health Hype Quiets Down

Xconomy

Editor’s note: This is Part 1 of a two-part piece on innovation in digital health. Check back tomorrow for Part 2 by Bryony Winn, chief strategy and innovation officer at Blue Cross and Blue Shield of North Carolina. More than 6,500 people descended on HLTH in Las Vegas in late October to “solve the most pressing problems facing health care today.

Press 94
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8 Steps Every Leader Must Take To Deal With Setbacks

Startup Professionals Musings

As a business owner in this age of rapid technological change, with the surge of worldwide competitors, setbacks and adversity are virtually guaranteed. Based on my years of experience mentoring and advising entrepreneurs, you need to attack problems and challenges with a mindset of success, or it is unlikely that you or your business will survive. I found that view confirmed for a wide range of leadership situations in a classic book, “ The Mindset of Success ,” by Jo Owen.

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Rocket Lab Puts Seven More Satellites Into Space

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Huntington Beach-based Rocket Lab successfully put seven more satellites into space early Friday morning from its launch site in New Zealand, in the company's tenth launch. Rocket Lab launched another of its Electron rockets into space at 6:18am PST, in a mission it called "Running Out of Fingers". Rocket Lab said the Electron in this launch was upgraded with equipment designed to help it along the path to full recovery of its rockets next year Rocket Lab has said it plans to retrieve the Electr

SpaceX 100
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Deep 6 AI Raises $17 Million Series A

L.A. Business Journal

Pasadena medical software developer Deep 6 AI raised a $17 million Series A.

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As Alzheimer’s Conference Kicks Off, All Eyes Are on Biogen’s Drug

Xconomy

It’s the “era of neuroscience”; an industry “turning point”; and “an amazing time”—superlatives were flowing freely as the 11th annual Clinical Trials on Alzheimer’s Disease Congress (CTAD) kicked off in rainy San Diego late Wednesday afternoon. The atmosphere felt thick with anticipation as attendees massed in the downtown hotel where the conference is taking place, less than a day away from a presentation of data from a late-stage trial of a drug that earlier this year appeared cosigned

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Preccelerator Workshop: Employment Contracts and Alternative Compensation for Startups with Louis Wharton

SoCal Tech Calendar

Tuesday, December 10, 2019 --.

Startup 100
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Wave Neuroscience Acquires Newport Brain Research Laboratory

socalTECH

Newport Beach-based Wave Neuroscience , a newly formed startup, says it has acquired a number of assets from Newport Brain Research Laboratory (NBRL), along with "many different onshore and offshore holding companies" owned by NBRL, as part of its efforts to provide non-invasive neuromodulation technology. The company said it is focused on brain health, and treating Traumatic Brain Injuries (TBI) and Post-Traumatic Stress Disorder (PTSD).

Research 100
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8 Attributes Shared By Most Successful Entrepreneurs

Startup Professionals Musings

Maybe starting a new business isn’t your passion, but in these days of rapid change, where everyone is dealing with uncertainty, I believe that thinking and acting like entrepreneurs will help you get ahead in any profession. In simple terms this means taking control of your life, going after something you love to do, and taking action. Stop letting life decisions happen to you.

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Neurocrine Inks $50M Xenon Pharma Deal to Expand Into Epilepsy

Xconomy

Neurocrine Biosciences is paying $30 million cash and taking a $20 million equity stake in Xenon Pharmaceuticals to license a clinical-stage epilepsy drug and collaborate on other potential treatments for the seizure-causing brain disorder. The Xenon (NASDAQ: XENE) deal is the second one San Diego-based Neurocrine has struck this year in a bid to expand the landscape of neurological disorders for which it can offer treatment.

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TaskUs CX Briefing

SoCal Tech Calendar

Tuesday, December 3, 2019 --.

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Interview with Jon Grishpul, GreatBuildz

socalTECH

How do you find a good contractor for your home remodeling project? Encino-based GreatBuildz (www.greatbuildz.com) says it's a high touch, concierge service. For our interview today, we talked with CEO and co-founder Jon Grishpul about the startup, which offers up its services for free to homeowners in the Los Angeles area. What is GreatBuildz? Jon Grishpul: GreatBuildz is a free service, where we help homeowners find reliable, vetted general contractors, and provide support during the project.

Startup 100
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Yardi Extends Online Purchasing Software To Canada

socalTECH

Santa Barbara-based property management software developer Yardi announced this week that it has extended Yardi Marketplace, its online purchasing software for maintenance, repair, and operating (MRO) supplies, to Canada. According to Yardi, the software which is part of the Yardi Procure to Pay Suite--simplifies purchasing from online catalogs, as well as major retailers like Acklands-Grainger, HD Supply, Veritiv, and others.

Software 100
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Weyo Rolls Out New App, Oddlife

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Los Angeles-based Weyo , which develops interactive titles for the children's market, says it has rolled out a new original app, based on the preschool show The Oddbods Show. According to Weyo, its new app, the Oddbods 'Oddlife' , is aimed at stimulating play and learning for preschoolers. The new title follows the earlier release of Weyo's first app, Sesame Street Yourself, last month.

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Snap Pitches Spectacles As Filmmaking Tool

socalTECH

Santa Monica-based Snap , the parent company of Snapchat , is still on a quest to make its fancy (and expensive) 3D image capturing Spectacles sunglasses a hit, and is now pitching the $380 Spectacles 3 as a film-making tool. According to Snap, it has funded and is now promoting a short film, "Duck Duck", which was made "to explore storytelling in 3D".

Tool 100
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AWS Opens New Los Angeles Zone

socalTECH

Amazon Web Services (AWS), the cloud computing service of Amazon, has launched anew Los Angeles zone, which will give local customers and companies much faster access to the AWS cloud. According to AWS, the new zone will provide very low latency (single-digit millisecond) access to application access from Los Angeles and other locations in Southern California.

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Accel Robotics Finds $30M For Automated Convenience Stores

socalTECH

San Diego-based Accel Robotics , which is developing technology to enable automated, robotic convenience stores where users can simple enter, grab items, and have the payment for those items automatically charged--without a need for a cashier--has raised $30M in a Series A funding round. The funding was led by SoftBank Group Corp. Accel Robotics said its computer vision and artificial intelligence (AI) systems are aimed at letting users enter a store, grab items, walk out, and receive a receipt

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QAD Precision Wins British Car Parts Company

socalTECH

Santa Barbara-based QAD Precision , the division of QAD which develops global trade management and transportation execution software, has scored a win with British car parts company Rimmer Bros. Financial impact of the win were not announced. QAD Precision said that Rimmer BRos. will use its Transportation Execution and Transportation Analytics product for its global retail operations.

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Riot Pays $10M To Settle Discrimination Lawsuit

socalTECH

Los Angeles-based videogame developer Riot Games has agreed to pay at least $10M to settle a gender discrimination, class action lawsuit, which had been filed in November of 2018. According to the LA Times, court documents show that there are approximately 1,000 women who worked for Riot since November of 2014 who are part of that class action lawsuit, who will be entitled to a payment from the $10M settlement.

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Postscript Picks Up $4.5M

socalTECH

Los Angeles-based Postscript , a provider of enterprise SMS marketing software for the Shopify platform, has raised $4.5M in a funding round, the company announced this morning. The funding came from Y Combinator, Accomplice, 1984vc, and Ali Capital plus angels Paul English (founder of Kayak), Kevin Hale (founder of Wufoo), Mathilde Collin (founder of Front), Andrew Bialecki (founder of Klaviyo), Elias Torres (founder of Drift), and Eric Rea and Dennis Steele (founders of Podium).

Commerce 100