THE FRESH SQUEEZE
Juiced by:
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Hey friends,
I hope you are doing ok.
It's incredibly inspiring to see companies and organizations continue to lean in and help our community, whether through changing their business model or pure donation.
Local Hyundai America has
donated
both cash and test kits - absolutely invaluable. It's also inspiring to see companies continue to raise capital in a very tough environment, which you can see below. Even more so, a new fund is coming online from Elementz Ventures - you can hear from Niall in
this week's podcast
by Accelerate OC & Carey Ransom.
What have you been doing digitally that's new? I joined 1500 others online for a virtual beer festival that was pretty fun.
What else can we be doing as a community now to support our startups?
Stay safe and healthy,
Neal
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Local Podcast - Accelerate OC
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Special Episode: Listen
to Carey Ransom
interview
Niall McSheffrey, Managing Partner at Elementz Ventures, a new VC fund based in Irvine.
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ORANGE COUNTY TECH ECOSYSTEM NEWS
Irvine's Allied Esports
announces
its companies see increased engagement with online-only events due to COVID-19
Irvine-based Kofax
helps
power a platform for managing loan applications submitted under the CARES Act Paycheck Protection Program (PPP)
Irvine-based startup Wing
adds
support services to help community with COVID-19 issues
Vusar, an Octane Launchpad participating startup based out of Irvine,
seeks $2.5M in late seed round
Octane
creates new advisory roles to expand MedTech support
Seven OC public companies
apply for $35M in SBA loans under PPP
Increase in COVID-19
testing in Orange County week over week
Irvine's Kareo
produces data showing 10% infection rate on its workers in study
Spireon, also of Irvine,
releases study showing that increase in traffic correlates with increase in COVID-19 cases
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ACQUISITIONS
Irvine's Coiron
acquired
by Ross Video for undisclosed terms
BioDot of Irvine
acquired
by Artemis Capital Partners for undisclosed terms
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DEALS
Movandi
announces
$27M Series C round to expand 5G network as well as Irvine team
Cloudbreak Therapeutics
completes
$25.4M Series B round led by Chinese firm V-Capital
Westminster-based Clever Care
raises
$20M Series A round led by Norwest Venture Partners
Newport Beach-based Myosana Therapeutics
raises
$1M in seed funding from CureDuchenne Ventures
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What's next? An update on small business stimulus funding hosted by Tory Burch Foundation,
April 29
Sales Mindset Webinar for Entrepreneurs hosted by Pismo Ventures,
April 30
Virtual Demo Day hosted by SBDC,
April 30
A conversation with OC4 Venture Studio Co-founder Carey Ransom hosted by UCI Beall Applied Innovation,
May 1
Financing Your Venture - a CFO Perspective, hosted by Pismo Ventures,
May 4
EvoNexus Orange County is accepting applications from deep tech, life science, and fintech startups,
Open Deadline
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Social Media Manager,
Wohven
(Mission Viejo)
Product Manager,
IDEMIA
(Anaheim)
Product Manager,
Zigzy
(Tustin)
Senior Product Manager,
NCSOFT
(Aliso Viejo)
Product Designer,
Kajabi
(Irvine)
Product Manager - Vault Core,
HashiCorp
(Santa Ana)
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