July 22ο»Ώ, 2020
THE FRESH SQUEEZE

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BLOOMBITES
As we talked about in the last newsletter, this summer has been hot - even with a global pandemic.

Two different OC VR companies have been snatched up by major tech companies: Next VR  by Apple and now VR game developer Ready at Dawn Studios by Facebook (which previously acquired Oculus as well). We hope they keep a core team here and this leads to further VR density with the eventual new companies that will be started.

We're also seeing a growing density in the electric vehicle space, with Michigan and Irvine-based Rivian, which  raised  significantly more capital,  hiring  more locally. Anaheim-based Fisker is  going public  worth $3B amongst a SPAC which will help it continue to grow. Newer electric vehicle maker, Fisker "spin-out" Karma is also based locally and raising capital .

Keep watching these trends for how it benefits our community.

Stay safe friends,
Neal


ο»ΏP.S. Don't forget to check out our OC Covid-19 news and resources:  
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Local Podcast - Accelerate OC
Listen to Carey Ransom interview Maryam Rofougaran, Co-CEO & COO of Movandi Corporation, on the future of 5G tech.
ORANGE COUNTY TECH ECOSYSTEM NEWS

Irvine's Masimo launches SafetyNet-Open product to improve Covid-19 monitoring

Covid-19 accelerated move to digital for traditional offline retail; many now seeing positive trends

Personal shopping app MyShoperoo seeks $1M in seed round

Globasport, a startup out of UC Irvine, helps athletes get recruited with its app

CoreLogic of Irvine rejects $7B takeover offer

OC ranks 21st in country for tech talent and jobs according to CBRE report
DEALS

Irvine's Rivian hauls in $2.5B in new funding led by T. Rowe Price Associates

Karma Automotive of Irvine locks up $100M in funding with plans to seek $300M more

Replenysh of Orange raises $2M in seed round led by Kindred Ventures, Floodgate Fund and 122WEST

LaneAxis of Huntington Beach raises over $1M in crowdfunding
ACQUISITIONS

Fountain Valley-based Kingston Technology buys $60M worth of Phison's shares in joint venture

Irvine's Bright Bear Technology Solutions acquired by Datapath of Modesto, for undisclosed terms

Facebook snaps up Irvine's VR game developer Ready at Dawn Studios for undisclosed terms

Placentia-based Mason West acquired by KCM Capital Partners for undisclosed terms
ONLINE EVENTS
EvoNexus Orange County is accepting applications from deep tech, life science, and fintech startups, Open Deadline

National Venture Plan Competition applications open July 22 - August 6

Women-Focused Workshop Series: Writing SBIR Research Plans with Enough Technical Detail, July 29

Virtual Ophthamology Technology Summit hosted by Octane, August 6-8

UCI Beall Wayfinder Incubator application deadline, September 6

OCBJ 26th Annual Women in Business Awards, September 9

OCBJ Innovator of the Year Awards, September 24
JOBS SPOTLIGHT
Software Engineer I, Ultra Mobile (Costa Mesa)

Customer Success Specialist,  Aha ! (Orange County)

Django Web Developer, TAE Technologies (Foothill Ranch)

Senior Program Manager, SAP (Newport Beach)

Program Manager, Zillow (Irvine)

Senior Program Manager, XP Power (Tustin)

Director of Digital Marketing - SaaS, LenderHomePage.com (Santa Ana)

Marketing Manager, SOTA Imaging (Orange)

Product Manager, Associate, MicroVention-Terumo (Aliso Viejo)

Enterprise Account Manager - Client Services, Listrak (Newport Beach)
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