SpaceX Launches Final Mission of 2020
L.A. Business Journal
DECEMBER 21, 2020
SpaceX closed out a record-breaking year of launches with the completion of its 26th mission for 2020.
Sat.Dec 19, 2020 - Fri.Dec 25, 2020
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EDF Renewables Puts North Dakota Wind Project Into Operation
socalTECH
DECEMBER 23, 2020
San Diego-based renewable energy developer EDF Renewables North America has successfully put another project into operation, this time a 150 megawatt wind energy project in North Dakota. The company said its Merricourt Wind Project has been turned over to Otter Tail Power Company. EDF Renewables developed and managed the construction process for the wind farm, which is near Kulm, North Dakota.
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7 Personal Productivity Tactics To Get More Work Done
Startup Professionals Musings
DECEMBER 19, 2020
In business, the only thing that counts is results, not how hard people work or how many hours they put in. Have you noticed in your startup or around your office that some people are always at work and busy, but others seems to consistently get more done? Studies of software teams, for example, show differences as great as ten to one in productivity between working team members.
Use creative fundraising instead of equity or debt?
Berkonomics
DECEMBER 24, 2020
Use creative fundraising instead of equity or debt? By Dave Berkus. First, my story as an example. Let me tell you the story of how I raised $100,000 to fill a gap needed to purchase a new home for my young family years ago. I had located a beautiful home that would be a stretch to finance and had arranged for a first mortgage from the bank, and a second from the seller.
Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19
Advertiser: Aggregage
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.
Dimer Unveils UV Device to Disinfect Schools
L.A. Business Journal
DECEMBER 21, 2020
As the first round of vaccinations against the novel coronavirus gets underway, businesses and schools nationwide are making plans to safely reopen.
EDF Renewables North America In Power Deal In Texas
socalTECH
DECEMBER 22, 2020
San Diego-based clean energy developer EDF Renewables North America said on Monday that it has signed a power purchase agreement (PPA) for part of a new solar energy project in Texas. The company said that it has signed a 55 megawatt PPA with BASF for the new project, which is located in Wharton County, Texas. EDF Renewables said its new Space City Solar project is expected to start construction in summer of 2021, and will have a capacity of up to 345 MW.
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Canoo Makes Nasdaq Debut
L.A. Business Journal
DECEMBER 22, 2020
Electric vehicle maker Canoo Inc. made its debut as a publicly traded company Dec. 22, following completion of a reverse merger.
8 Strategies For Going Above And Beyond Competitors
Startup Professionals Musings
DECEMBER 20, 2020
More than ever before, people want to buy from, work for, and invest in companies that matter. Whether you are an entrepreneur starting a new business, or a corporate executive seeking to revitalize a mature business, the challenge is the same – to become the obvious choice within the hearts and minds of your customers, your employees, and your chosen communities.
6 Principles For Creating Great Customer Experiences
Startup Professionals Musings
DECEMBER 23, 2020
Today’s customers demand more than a good product; they expect a great customer experience. A few companies are leading the way, including Apple with their iPad and iPhone, offering irresistible stores with friendly experts, elegant packaging, and customer service that never ends. People love Apple’s whole customer experience, and willingly pay a premium for the product.
8 Work Relationships That Regulate Your Future Impact
Startup Professionals Musings
DECEMBER 21, 2020
Most entrepreneurs, and members of any small team, naively assume that the key to their success is hard work, dedication, and long hours in the business. In reality, their effectiveness is usually more related to how well they develop their work relationships with peers and business leaders. First they need to decipher correctly every relationship as a workship, friendship, or foe.
Rokit Made Acquires Bike Sharing Platform Spinlister
L.A. Business Journal
DECEMBER 23, 2020
Spinlister Inc., the Santa Monica developer of a bike sharing and store rental platform, has a new owner.
Aerojet Rocketdyne Sells to Lockheed Martin for $4.4 Billion
L.A. Business Journal
DECEMBER 21, 2020
El Segundo-based Aerojet Rocketdyne Holdings Inc. is set to be acquired by Aerospace giant Lockheed Martin Corp. in a deal worth $4.4 billion.
Super League Studio Allows Remote Production
L.A. Business Journal
DECEMBER 21, 2020
Video production is limping along in Los Angeles as pandemic-related safety protocols have made traditional shoots challenging.
GumGum Sports Analyzes Returns on Branded Campaigns
L.A. Business Journal
DECEMBER 21, 2020
Brands pay big dollars to put their logos on the jerseys of star athletes or on a prominently placed sign within a stadium.
Reflections on 2020: Greg Martin, Archer Venture Capital
socalTECH
DECEMBER 23, 2020
Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's high tech community. We'll be posting these throughout the next two weeks. Here, we have Greg Martin, Founder and Managing Partner of Archer Venture Capital (www.archervc.com). You will be able to get to all of these posts on our 2020 reflections here.
Reflections on 2020: Kelly Perdew, Moonshots Capital
socalTECH
DECEMBER 22, 2020
Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's high tech community. We'll be posting these throughout the next two weeks. Today, we have Kelly Perdew , Co-founder and General Partner of Moonshots Capital. You will be able to get to all of these posts on our 2020 reflections here. Are you a founder, CEO, or investor who would like to participate?
BayWa r.e. Completes 250MW Wind Farm In Texas
socalTECH
DECEMBER 21, 2020
Renewable energy developer BayWa r.e. , which has its US headquarters in Carlsbad, says it has completed construction of a 250 MW wind farm in Texas. According to the company, its Amadeus Wind project in Texas is located northwest of Abilen in Rotan, and has begun selling power into the grid. The new wind project is expected to supply enough energy to power more than 74,800 homes annually, and is its largest wind project completed to date.
XPRIZE Awards Prizes For Next Generation Mask Designs
socalTECH
DECEMBER 23, 2020
Los Angeles-based XPRIZE , the nonprofit which uses prizes to encourage the development of solutions to some of the world's biggest challenges, says it has awarded prizes for a challenge it has been running to develop next generation masks, which it kicked off shortly after the issues with masks came to light with the pandemic. According to the nonprofit, it has awarded $500,000 to the top team in the challenge, Luminosity Lab , which is developing a mask which uses a "bifurcaterizd filtration c
Reflections on 2020: Carey Ransom, Operate
socalTECH
DECEMBER 23, 2020
Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's high tech community. We'll be posting these throughout the next two weeks. Today, we have Carey Ransom , of Operate (www.operatestudio.com). You will be able to get to all of these posts on our 2020 reflections here. Are you a founder, CEO, or investor who would like to participate?
Reflections on 2020: Aaron Fyke, Thin Line Capital
socalTECH
DECEMBER 23, 2020
Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's high tech community. We'll be posting these throughout the next two weeks. Today, we have Aaron Fyke , Founder and Managing Partner of Thin Line Capital (www.thinlinecapital.com). You will be able to get to all of these posts on our 2020 reflections here.
Perch Picks Up $2.5M For Credit Building App
socalTECH
DECEMBER 22, 2020
Los Angeles-based Perch , a startup which helps users grow their credit by allowing them to pay for such things as Netflix, Spotify, Hulu, and other services on credit, has raised $2.5M in a seed funding, the company said this week. The funding came from Marcy Venture Partners, Citi, Softbank Group Opportunity Fund, Concrete Rose, and Village Capital.
Sensei Ag, Backed by Oracle's Ellison, Names Advisory Board
socalTECH
DECEMBER 22, 2020
Santa Monica-based Sensei Ag , the Larry Ellison-backed startup focused on food supply and agricultural technology, has named a new advisory board. The startup said its Advisory Board now includes Amy Povich Agus, Dr. Leslie H. Fuchigami and Dr. Mary K. Wagner, who it says are executives in the agricultural, food, consumer, and scientific industries.
8minute Solar Energy Ups Credit To $350M
socalTECH
DECEMBER 22, 2020
Los Angeles-based solar power project developer 8minute Solar Energy said today that it has upsized a letter of credit it received, upping the originally $225M letter of credit and revolving credit facility to $350M. The company said the additional $125M in the facility comes from includes new lenders Deutsche Bank, Landesbank Hessen-Thuringen (Helaba), and Norddeutsche Landesbank (NORD/LB).
Bel Air Internet Acquired By Private Equity Investor
socalTECH
DECEMBER 22, 2020
Los Angeles-based Bel Air Internet , an Internet Services Provider (ISP) which serves over 800 buildings with multi-family and commercial services in Los Angeles, has been acquired by Boston-based private equity investor M/C Partners. Financial terms of the acquisition were not announced. According to M/C Partners, Bel Air Internet will be combined with two other ISPs, AerioConnect and Metro Fiber.
Neomorph Finds $109M
socalTECH
DECEMBER 22, 2020
San Diego-based Neomorph , a biotech startup focused on protein degradation, said today that it has raised $109M in a Series A funding. The funding came from Deerfield Management. The company said its targeted protein degradation technology is aimed at developing novel therapeutics across a broad range of disease areas, including oncology. The company's scientific founders are Phil Chamberlain, DPhil; Eric Fischer, PhD; Benjamin Ebert, MD, PhD; and Scott Armstrong, MD, PhD.
Apple Closes All Stores In California On COVID-19 Surge
socalTECH
DECEMBER 21, 2020
Apple temporarily closed all of its retail stores in California over the weekend, as rising case rates and a surge in COVID-19 cases has threatened to overwhelm hospitals in the state. Apple said that the closures are "Due to current COVID-19 conditions in some of the communities we serve, and also said it took the steps "with an abundance of caution", and is closely monitoring the situation.
Viasat Acquires RigNet For $222M
socalTECH
DECEMBER 21, 2020
Carlsbad-based satellite communictions provider Viasat announced this morning that it is in a definitive agreement to acquired RigNet , a provider of communications and connectivity services for the oil and gas industry. Accrding to ViaSat, the deal is worth aproximately $222M, and was an all-stock deal. RigNet was based in Houston, Texas. Viasat said the deal will help accelerate its efforts to bring broadband connectivity and communications to "hardest-to-reach locations around the globe.
Reflections on 2020: Harrison Tang, Spokeo
socalTECH
DECEMBER 21, 2020
Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's high tech community. We'll be posting these throughout the next two weeks. Today, we have Harrison Tang , the CEO of. You will be able to get to all of these posts on our 2020 reflections here. Are you a founder, CEO, or investor who would like to participate?
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