THE FRESH SQUEEZE
Juiced by:
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Hello and welcome to 2021.
Like you, I'm eager, anxious, and just trying to block the noise and keep building. OC tech and biotech had a banner 2020, all things considered. Between tech gaining from rapid digitization and biotech continuing to be hot both for Covid and in every other area, OC companies raised close to $1.5B in equity funding.
What hurt were our small businesses. It's truly sad how hard it has been on our local small businesses, with some estimates saying that over 30% will never come back after already having had to shut down. Thank you all for helping lean in and help where we can - but we need to do more in 2021. From charitable contributions, shopping local, encouraging new founders to take the leap, building new tools to help those in need, and sharing knowledge on how to sustainably build community, there's a lot going on that's both growing our community and lifting people up. Let's keep that spirit up in 2021.
Cheers,
Neal
P.S. If you are liking these newsletters, consider forwarding to someone you know who would benefit from it.
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Listen to Carey Ransom of Operate Podcast interview Ian Hathaway, co-author of The Startup Community Way and Senior Director at Techstars, for the second part of a two-part interview. (Listen to Part 1 here.)
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ORANGE COUNTY TECH ECOSYSTEM NEWS
New apps from Walter Cruttenden of Acorns target micro investing
Ransomware attacks may lead the way in increased cybersecurity threats in 2021, warns Netwrix VP Ilia Sotnikov
Sustain SoCal's President Scott Kitcher predicts growth in clean tech investing in 2021 due to high investor interest at 3rd annual Sustainability Private Capital Event
PrimaHealth Credit of Newport Beach announces a buy now, pay later offering for elective procedures
MSC Software of Newport Beach partners with Mighty Buildings on 3D-printed prefab homes
Wayfinder program at UCI welcomes new startup teams solving diverse problems
Recreate Energy working on sustainable fuel based on micro algae
Cox Charities offers $35,000 in college scholarships to OC high school seniors (apply by February 3)
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DEALS
ClearPoint Neuro of Irvine announces $7.5M strategic investment from Petrichor Healthcare Capital Management and PTC Therapeutics.
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ACQUISITIONS
Stewart Information Services Corp announces purchase of NotaryCam of Newport Beach in $105M deal
W+R Studios of Huntington Beach acquired by Lone Wolf for undisclosed terms
Avacee of Laguna Hills acquired by ControlUp of San Jose for undisclosed terms
Newport Beach's Pacific Stem Cells acquired by Dalrada Financial Corporation for undisclosed terms
Netwrix of Irvine merges with Stealthbits, for undisclosed terms
Aliso Viejo-based Quest Software acquires Erwin, Inc. 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 Application
VC Speaker Series Featuring Anderee Berengian from CIE, January 15
Startup 101: Legal & Fundraising Bootcamp, January 21
Identifying Compatible Co-Founders Using DISC, February 22
How to Handle Exponential Growth in Your Startup, April 5
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Marketing Campaign Manager, CoreLogic (Irvine)
Software Engineer Operations, Insellerate (Newport Beach)
Lifecycle Marketing Specialist - Email Marketing, Weedmaps (Irvine)
Hands on Software Development Manager - .NET, Calance (Newport Beach)
Senior Software Engineer, SAP (Newport Beach)
Product Manager, Zigzy (Tustin)
Strategic Account Manager, Brandify (Laguna Beach)
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