OC Startup News

Los Angeles-based data center operator ServerFarm reported on Monday that the company has signed a partnership to provide its data center management services to a global car manufacturer. Financial details, and name of that customer, were not announced. ServerFarm said “one of the world’s most recognizable automotive brands” is now using its data center services. ServerFarm is led by founder and CEO Avner Papouchado.

Sourced from SoCal Tech

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Fullerton, CA, January 10, 2020

Startups, business leaders, investors, bankers and advisers will gather to share stories about new venture creation in an inaugural event to be held at Cal State Fullerton on Saturday, February 29, 2020. This event is a collaboration between UCI Beall Applied Innovation, Cal State Fullerton Center for Entrepreneurship and Concordia University School of Business and Economics.

The event will celebrate our diverse Orange County region and the innovations which have come before and are coming next.

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A global e-sports entertainment company, with HQ in Irvine, announced that Brookfield Property Partners will become a shareholder, via a $5 million equity investment. Allied Esports Entertainment made the announcement in a January 14 press release. As a result of […]

The post INNOVATION: Allied Esports Entertainment Announces $5 Million Investment by A Real Estate Operator appeared first on OC Startups Now.

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A startup developing lithium-ion batteries for electric vehicles announced its fourth-gen tech. Enevate said that its new XFC-Energy tech achieves charging in five minutes to 75% capacity, compared to today’s conventional large-format Li-ion EV cells, which typically take over an […]

The post NEWS: Enevate Reveals Fourth-Gen Tech for Electric Vehicles appeared first on OC Startups Now.

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A startup that’s developing a kinetic launch system has raised $35 million. SpinLaunch, with HQ in Long Beach, announced the news in a January 16 press release. The company said its designing “the lowest-cost, environmentally- responsible orbital launch system,” which […]

The post NEWS: Space Startup Raises $35 Million. SpinLaunch Says Will Use Funds on Hiring and Building Out Long Beach HQ…… appeared first on OC Startups Now.

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A startup — which created a portable synthesizer, looper, and MIDI controller that fits in the palm of your hand — raised more than $1.4 million on Kickstarter and is showcasing its product at the annual NAMM (National Association of […]

The post NEWS: Smart Device for Musicians Being Showcased at Annual Music Trade Show Event, Through Sunday in Anaheim appeared first on OC Startups Now.

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On Sunday January 19th (9pm) 1 Million Cups alumni will be on an episode of Shark Tank!  Founded by Alex Bayer, Genius Juice (geniusjuice.com) makes premium coconut smoothies in three unique flavors.  Genius has pitched at 1 Million Cups several times, and used the experience to hone the business and pitch, as well as gain audience feedback on branding improvements.

In conjunction with the episode, the company launched a crowdfunding campaign on Wefunder (https://wefunder.com/genius) where anyone can invest in the company and receive equity for as little as $100.

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Los Angeles-based Califia Farms, which makes oat milk; probiotic, plant-based yogurt; almond milk; and other plant-based beverages, said on Wednesday that it has raised $225M more in a funding round. The Series D funding for the company was led by Qatar Investment Authority, and also included Temasek, Claridge, Green Monday Ventures, plus an un-named family office from Latin America from the coffee and consumer products industry. Califia Farms is led by founder and CEO Greg Steltenpohl.

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Jan. 15, 2020  – For the fifth time in six years, the Samueli School’s annual Dean’s Report magazine has won an award for its high quality. The 2019 Dean’s Report, PERSPECTIVES, published last fall, won the 2020 CASE District VII Gold Award of Excellence in the Special Constituency and Annual Magazines category.

The competition received nearly 550 submissions this year, and the CASE Awards judging committee singled out PERSPECTIVES. “Your excellent work stood out among the best,” wrote the judges in an email.

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With 2019 closed, there were many startups that thrived and boomed for the year. Many of these got robust venture funding in areas like the U.S. and other regions. Among the sectors that gained much for the year include real estate, insurance, and automation. 

However, there are also a number of venture sectors that did not go well this year. These categories suffered from each year showing declines. As 2020 marches on, here is a look of the startup sectors that did not fare well in 2019. 

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