July 28, 2021
THE FRESH SQUEEZE
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BLOOMBITES
Electric vehicles are making some real noise. Irvine-based Rivian just raised $2.5B more in funding from Ford Motors and Amazon, amongst other investors. Also in Irvine, Cox Automotive has invested previously, and parent company Cox Enterprises has invested over $1B in cleantech and sustainability startups. I love that OC is one of the epicenters for these vehicles and now we need to make some noise about the density and talent that’s also here. I’d turn that to you: How should we best talk about all the EV makers and technology development going on in OC? Reply and give us your feedback.

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PODCAST
In this episode of Operate Podcast, Doug Holte, the Founder and CEO of Agile Workweek Investments (AWI), goes over his illustrious career in commercial real estate, most recently as President of Irvine Company for over 10 years. AWI is Doug's startup that invests in disruptive technologies and modernized properties that will build towards, as the name suggests, an efficient and agile workweek.

Hear about Doug's journey into the entrepreneurial realm, and how our work lifestyles will change in the coming years.
JOBS SPOTLIGHT
Mavenlink (Irvine)

SAP (Newport Beach)

Specright (Tustin)

Pangea Laboratory (Tustin)
Sega of America (Irvine)

Tec-Refresh (Orange)

PIMCO (Newport Beach)

Rivian (Irvine)
EVENTS & DEADLINES
FUNDINGS
Rivian, electric vehicle maker, $2.5 billion with Ford Motors, Amazon

Specright, specification data management, $32.9 million in a Series B round with Sageview Capital, Pritzker Group Venture Capital, and VMG Partners.

Predictive Health Diagnostics, specialty diagnostic test distribution, $8.3 million Venture round with an undisclosed list of investors.

FreightPOP, cloud-based logistics software, $6 million Seed round with Prelude Fund, Cove Fund, and Avetta.

INK Games, virtual playground for gaming, $1.1 million in a Seed round with an undisclosed list of investors.

Vital Data Technology, ML/AI IT firm, $300,000 in a Seed round with an undisclosed list of investors.

Prelude Corp, personalized breast cancer treatment, undisclosed amount in a Corporate round with GenesisCare.

Qmerit, EV electrification software, undisclosed amount in a Venture round with Lime Rock New Energy and GIC.

ACQUISITIONS
Cosemi, high-speed connectivity solutions, by Mobix Labs for an undisclosed amount

Webiplex, business process management, by PairSoft for an undisclosed amount
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ZEST OF THE MONTH
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