Thursday, March 31, 2022
| Accelerating Growth For Early Stage Innovation. The Preccelerator® Program is an accelerator for early-stage startups offered to select companies out of the Santa Monica office of Stubbs Alderton & Markiles, LLP that provides initial capital, sophisticated legal services, interim office space, mentorship, a targeted curriculum, investment strategy counseling and access to a strategic perks portfolio with the objective of helping you grow your idea from business concept to funded startup. www.preccelerator.com |
VivoSense Gets $25M For Wearables
Newport Beach-based VivoSense, a company using wearable sensors for the clinical trials market, says it has raised $25M in a Series A funding round. The roudn came from Debiopharm and the Perceptive Xontogeny Venture (PXV) Fund. The company said it is developing an informatics platform for data analysis from wearable and connected technologies. The company is led by CEO Dudley Tabakin. The company said it will use the funding to expand and refine its platform.
posted on Thursday, March 31, 2022(Full story)
Yami Scores $50M For Asian Food Marketplace
Brea-based Yami, an online marketplace for Asian food, products, and household goods, announced on Wednesday that it has raised $50M in a Series B funding round. The funding was co-led by Altos Ventures and Balsam Bay Partners and also included J.P. Morgan and GGV Capital. The startup, founded and led by CEO Alex Zhou, offers up Japanese, Korean, Southeast Asian, and Chinese products for the American market. The company was founded in 2013. According to the company, it will use the funding to sp (More info...)
posted on Thursday, March 31, 2022(Full story)
Coco Boosts Executive Team
Los Angeles-based robot delivery company Coco said on Wednesday that it has made a number of significant additions to its executive team, as part of a nationwide expansion. According to the company , it has added Sahil Sharma as Chief Operating Officer, Pete Quinn as Vice President of Revenue and Andrea Lobato as General Counsel. Sharma has served at Snap, Google, Motorola, Amazon and Apple; Quinn was previously at DoorDash; and Lobato was at Eaze Technologies and Lyft.
posted on Thursday, March 31, 2022(Full story)
Chipotle Pilots RFID Tracking
Newport Beach-based restaurant chain Chipotle said today that it is piloting a new, RFID (radio-frequency identification) tracing system in Chicago, as part of its Chicago distribution center and 200 of its restaurants in Chicago. The chain--having been bitten in the past by food safety issues--said the system will allow it to track ingredients all the way from its suppliers to restaurants using RFID case labels. The company is initially tracking its meat, dairy, and avocados from five different (More info...)
posted on Thursday, March 31, 2022(Full story)
Yardi Wins Restaurant Operator
Santa Barbara-based property management software developer Yardi announced today that it has scored a win with a restaurant operator in Sonoma, California. According to Yardi, Diversified Restaurant Group (DRG), which runs hundreds of restaurants locations under the Taco Bell and Arby's brand, has adopted its software for lease oversight. Financial details of the win were not annoucned. Diversified has more than 322 locations.
posted on Thursday, March 31, 2022(Full story)
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