THE FRESH SQUEEZE
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Hi there and happy August,
Some great recent deals, including Newport Beach-based Indi, which has a superstar team, and Irvine-based Syntiant, a previous EvoNexus-incubated chip maker. They raised $9M and $35M respectively. Also another new fund, Newport & San Diego-based Ankona Capital Partners, has wrapped up their fundraise and are deploying capital, with a focus on Southern California. Great to have a team of entrepreneurs-turned-investors looking to meet local later stage companies.
In other investing news, in the first half of 2020, Tech Coast Angels has invested more than $9.7M in 31 companies. Great to see the tech ecosystem working!
Have you seen UCI Wayfinder's VC speaker series? Some great recent speakers you can watch in their archive. Also congrats to the new cohort companies: AquaTex, Current Surgical, InfraDerm, ModernSyndicate, Violux!
Have a great week!
Neal
P.S. Don't forget to check out our OC Covid-19 news and resources:
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Local Podcast - Accelerate OC
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Listen to Carey Ransom interview Jeff Gardner, President & CEO of CalAmp, discussing IoT and connecting the mobile economy.
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ORANGE COUNTY TECH ECOSYSTEM NEWS
Matregenix of Irvine announces development of new breathable antiviral nanofiber to combat coronavirus
Irvine's Vincit named one of Fast Company's Best Workplaces for Innovators 2020
Orange-based GrandPad helps keep seniors connected with loved ones
Semi-private airline JSX to launch regular flights between OC and Napa Valley
Super73 of Irvine enjoys massive demand increase for its electric mopeds
Hyperice of Irvine named official recovery technology partner of NBA
Irvine's Bitvore wins People's Choice Stevie Award at 2020 American Business Awards for AI-driven fintech
Masimo launches patient charting and alerts platform UniView: 60 on heels of strong Q2 earnings
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DEALS
Irvine's Syntiant raises $35M Series C round led by M12 and Applied Ventures
NowRx, with offices in Irvine, raises $20M Series B through SeedInvest crowdfunding
Indi of Newport Beach raises $9M Series A funding round
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OFFICE EXPANSIONS
Fluxergy of Irvine is adding 20,000 sq. ft. manufacturing facility due to demand for Covid-19 test kits
Rivian looking to expand into new 15,000+ sq. ft. space in Laguna Beach
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ONLINE EVENTS & DEADLINES
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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
OC MasterMinds Startup Accelerator w/Tech Coast Angels, August 12
UCI Beall Wayfinder Incubator application deadline, September 6
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Enterprise Account Manager, Amazon Web Services (Irvine)
Inside Sales Manager, Razer (Orange County)
Senior Software Engineer, Python, Verys (Santa Ana)
Sr. Product Manager, Acorns (Irvine)
Marketing Content and Communications Manager, MeridianLink (Costa Mesa)
Director of Digital Marketing, Aha! (Orange County)
Strategic Platform Manager, Digital Growth, Experian (Costa Mesa)
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