THE FRESH SQUEEZE
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Last newsletter
, I ranted about OC being lumped into LA, and I have since learned why it's so prevalent.
MSAs, or Metropolitan Statistical Areas, are common economic regions that have been decided by the U.S. Office of Management and Budget (OMB). These are regions that have at least one urbanized area of 50,000 people. For instance, for LA/OC, the MSA is determined as Los Angeles-Long Beach-Santa Ana. In San Diego, it is San Diego-Carlsbad-San Marcos. In either case, for our LA/OC MSA,
Pitchbook has data
showing that the number of deals and total VC dollars are down in 2019 compared to 2018. This is not an LA/OC only thing. We
see the same
in San Diego. My plan is to do an OC-only deep dive on every deal of 2019 and present it here shortly with any findings.
Is that of interest?
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Local Podcast - Accelerate OC
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Listen
to Carey Ransom
interview
Ike Kavas, Founder and CEO of Ephesoft
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ORANGE COUNTY TECH ECOSYSTEM NEWS
Huntington Beach-based Rocket Lab to
launch
payload for US NRO
Irvine's Enevate to
license
fast-charging battery tech XFC Energy
ACS Development Group
plans
new 50k sq ft medical building at Advanced Technology Education Park in Tustin
Industrious coworking
expands
with second location plus EQ Office management partnership in Costa Mesa
Final guidelines released for opportunity zones may
generate
increased investment in Orange County
Irvine
welcomes
new wet lab incubator open at University Lab Partners
Anaheim's Zyxel redesigns and
expands
Nebula Cloud Networking Solution
Irvine's Hard Drive Recovery Group
releases
notes about upcoming issues with Windows updates
Irvine-based Bosch
announces connected kitchen tech with partner Chefling at CES
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ACQUISITIONS
Irvine-based Masimo to
acquire
Connected Care assets for $47M
Irvine's Bioniz Therapeutics
enters
into option agreement for $15M for potential acquisition by Almirall up to $47M+
Trumark Cos., with its Trumark Homes business located in Newport Beach,
sells
60% stake to Daiwa House USA for undisclosed terms
Laguna Niguel's ClientLook
bought
by LightBox for undisclosed terms
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DEALS
Irvine's ShiftPixy sees shares jump after
selling
60% of business for $20M
Irvine-based Tarsus
closes
$60M for testing new drug to combat eye disease
Laguna Hills-based Sonendo
raises
$85M for funding new dental tech
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Product Manager,
Netreo
(Irvine)
Product Marketing Manager,
Amazon
(Irvine)
Product Marketing Manager,
NextVR
(Newport Beach)
Software Engineer,
Experian
(Costa Mesa)
Partnerships & Affiliates Manager,
Acorns
(Irvine)
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OC VC Fast Pitch @ Coastline Community College,
January 23
OC StartupDay VC and Angel Investor Experience @ Hangar 244,
January 30
Persian Women In Tech OC @ Google Building Fair,
January 30
Pitch and Learn with Investors @ WeWork Bayview,
January 30
UCI Beall 5 Year Celebration & Grand Opening @
The Cove,
February 12
Emerging MedTech Summit 2020 @ The Ritz-Carlton Laguna Niguel,
February 18-20
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