THE FRESH SQUEEZE
Juiced by:
|
|
|
|
Did someone forward this to you? Subscribe by clicking on the button below:
|
|
As we talked about in the last newsletter, this summer has been hot - even with a global pandemic.
Two different OC VR companies have been snatched up by major tech companies:
Next VR
by Apple and now VR game developer
Ready at Dawn Studios
by Facebook (which previously acquired Oculus as well). We hope they keep a core team here and this leads to further VR density with the eventual new companies that will be started.
We're also seeing a growing density in the electric vehicle space, with Michigan and Irvine-based Rivian, which
raised
significantly more capital,
hiring
more locally. Anaheim-based Fisker is
going public
worth $3B amongst a SPAC which will help it continue to grow. Newer electric vehicle maker, Fisker "spin-out" Karma is also based locally and
raising capital
.
Keep watching these trends for how it benefits our community.
Stay safe friends,
Neal
P.S. Don't forget to check out our OC Covid-19 news and resources:
|
|
Do you like the content in this week's newsletter? Please share to your favorite network:
|
|
Local Podcast - Accelerate OC
|
|
Listen
to Carey Ransom
interview
Maryam Rofougaran, Co-CEO & COO of Movandi Corporation, on the future of 5G tech.
|
|
ORANGE COUNTY TECH ECOSYSTEM NEWS
Irvine's Masimo
launches
SafetyNet-Open product to improve Covid-19 monitoring
Covid-19 accelerated move to digital for traditional offline retail; many now
seeing
positive trends
Personal shopping app MyShoperoo
seeks
$1M in seed round
Globasport, a startup out of UC Irvine,
helps
athletes get recruited with its app
CoreLogic of Irvine
rejects
$7B takeover offer
OC
ranks
21st in country for tech talent and jobs according to CBRE report
|
|
DEALS
Irvine's Rivian
hauls in
$2.5B in new funding led by T. Rowe Price Associates
Karma Automotive of Irvine
locks up
$100M in funding with plans to seek $300M more
Replenysh of Orange
raises
$2M in seed round led by Kindred Ventures, Floodgate Fund and 122WEST
LaneAxis of Huntington Beach
raises
over $1M in crowdfunding
|
|
ACQUISITIONS
Fountain Valley-based Kingston Technology
buys
$60M worth of Phison's shares in joint venture
Irvine's Bright Bear Technology Solutions
acquired
by Datapath of Modesto, for undisclosed terms
Facebook
snaps up
Irvine's VR game developer Ready at Dawn Studios for undisclosed terms
Placentia-based Mason West
acquired
by KCM Capital Partners for undisclosed terms
|
|
EvoNexus Orange County is accepting applications from deep tech, life science, and fintech startups,
Open Deadline
Women-Focused Workshop Series: Writing SBIR Research Plans with Enough Technical Detail,
July 29
Virtual Ophthamology Technology Summit hosted by Octane,
August 6-8
UCI Beall Wayfinder Incubator application deadline,
September 6
|
Customer Success Specialist,
Aha
!
(Orange County)
Senior Program Manager,
SAP
(Newport Beach)
Program Manager,
Zillow
(Irvine)
Senior Program Manager,
XP Power
(Tustin)
Enterprise Account Manager - Client Services,
Listrak
(Newport Beach)
|
|
Do you like the content in this week's newsletter? Please share to your favorite network:
|
|
ZEST OF THE MONTH
"
A startup selling their first Enterprise contract" - via
@_shahedk
|
|
Interested in sponsoring this email?
|
|
Have a tip or scoop?
How are we doing?
|
|
Follow us for the latest tech news!
|
|
|
|
|
|
|
