THE FRESH SQUEEZE
Juiced by:
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As we roll deeper into fall, we are seeing the crunch time of feeling the end of the year already. While we'll mostly be home for the holidays, a sense of urgency is always good for everyone. This is seen in the deal activity continuing to kick up below like Hyperice's massive Series A and Newlight Tech's Series F fundings.
But we can't let the early stage activity get away from us. Just as companies grow and exit, we need to keep filling the top of the funnel with new startups. It's great to see new cohorts being recruited at Evonexus OC, new companies join the OC4 Venture Studio, and UCI startups participate in local pitch competitions.
If you know of someone who's interested in starting a company and doesn't know where to go, send them my way and I'll help get them oriented. Behind the scenes, we're working on a digital orientation to help someone know where to go based on the stage they are at and hope to share it with you soon.
Stay safe and vote!
Neal
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Local Podcast - Accelerate OC |
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Listen to Carey Ransom interview Andrew Bermudez, founder and CEO of Digsy, a commercial real estate search and marketing engine based in Fullerton.
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ORANGE COUNTY TECH ECOSYSTEM NEWS
Rivian of Irvine announces first electric delivery vehicle for Amazon
5.11 of Irvine sees growth despite pandemic in part due to e-commerce trends
Syntiant hits huge milestone of 1M+ processors delivered for voice-activated devices
OC's EV industry ponders the future with gas-powered vehicles banned by 2035
Veritone of Costa Mesa introduces set of AI tools for the energy industry
5 UCI startups pitch at virtual First Look SoCal Showcase
Wayfinder startup myHealthToday launches closed beta of symptom tracking service for seniors
Biochip innovation out of UCI uses AI and nanoparticle printing for cancer cell analysis
UCI Beall launches a 2-year collaboration between UCI, Anthem and Apple
Airbahn, new airline startup planning to serve SNA, receives DOT approval
Local nonprofit Project Hope Alliance helps low income students attend virtual school
OnSite Waste grows 500% during pandemic with medical waste solution
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OFFICE EXPANSIONS
Panasonics Avionics moving to new 260,000 sq ft HQ in Irvine
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DEALS
Irvine-based Hyperice raises $48M in Series A round at a $700M valuation, led by Main Street Advisors and SC.Holdings
Newlight Technologies of Huntington Beach gains $45M in latest Series F round led by Valedor Partners and GrayArch Partners
$3M seed round for cybersecurity firm Cyvatar.ai led by Bill Wood Ventures
Irvine's Capillary Biomedical raises $1.5M in new loan funding
Monet Networks of Irvine secures $500k in bridge financing from SenseAI Ventures
Netwrix of Irvine receives a majority investment from TA Associates for undisclosed terms
Givsum of Costa Mesa joins OC4 Venture Studio and SteelBridge Labs as a portfolio company
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ACQUISITIONS
Newport Beach-based American Vanguard acquires ag-tech company Agrinos for undisclosed terms
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ONLINE EVENTS & DEADLINES |
EvoNexus Orange County is accepting applications from deep tech, life science, and fintech startups, Open Deadline
Ignite Series: How to Safely Reopen with CA's New COVID-19 Guidance for Employers, October 14
Ignite Series: A Fireside Chat with Founder of Domain 6 and RSM, October 16
VC Speaker Series with Sanjay Reddy from Unlock Venture Partners, October 16
Scaling SEO for Startups - How Entrepreneurs Can Maximize Content Impact, October 26
UC Startup Innovation Challenge, applications due November 10
Ignite Series: A Fireside Chat with Lucy Dunn and Bill Carpou of Octane, November 12
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Strategic Partner Manager, SYSPRO (Orange)
Client Success Specialist, Arize AI (Anaheim)
Customer Support Specialist, Ecotrak (Orange)
Publisher Development Manager, Intelitics (Costa Mesa)
Account Manager, Yardi (Santa Ana)
Senior Product Manager, Growth, Acorns (Irvine)
Software Development Engineer, Full Stack, Zillow (Irvine)
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