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Bloombites: Orange County Companies Going Public | February 17, 2021

February 17th, 2021 Neal Bloom

Howdy all, I hope you're having a good week. It is IPO city right now for OC companies! Between Viant, LoanDepot, Hancock Jaffe listing and then MeridianLink (and maybe Rivian?) coming up, it's great to see some exits through going public. As always the hope is to unlock capital that works its way through the community into new companies, new...

Fundings

Enevate Secures $81M for its Fast-Charging Electric Vehicle Battery Technology

February 15th, 2021Neal Bloom

Orange County-based Enevate, has secured a $81M Series E funding led by Fidelity. Enevate’s technology allows electric cars to charge in as little time as refueling a gas car. The team plans on using the funding to accelerate global adoption of this technology across electric vehicles. Read more about the funding here.

Uncategorized

Viant Raises $250 Million in IPO

February 11th, 2021Neal Bloom

Viant, an advertising software company that measures advertising across different platforms, allowing users to automate their advertisements. They priced 10 million shares at $25 each, bringing in $250 million. Read more about the IPO here.

News

Irvine-Based CoreLogic Receives a bid of $6.7 Billion

February 3rd, 2021Neal Bloom

CoStar Group, who combines research, technology, and innovation to connect commercial real estate professionals to the necessary data, has submitted a bid for about $6.7 billion for Irvine-Based CoreLogic Inc., with an all-stock offer worth around $86 a share.CoreLogic provides its clients with property-level insights in order to identify and...

Tech Ecosystem

Hyperice Acquires RecoverX

February 1st, 2021FST Team

Hyperice has acquired RecoverX in preparation for the launch of a “new category of recovery technologies.” Hyperice is an Irvine-based company specializing in recovery and movement enhancing technologies. RecoverX is the San Diego-based developer of a knee brace that delivers hot and cold therapeutic temperatures with the touch of a...

Tech Ecosystem

Spotlight On Our Founder Neal Bloom

January 29th, 2021FST Team

Neal Bloom, our Fresh Squeezed Tech founder, uses his media platforms to encourage connection across the Southern California business ecosystem. The engineer-turned-entrepreneur has a mission to support startup communities and make Southern California the place to grow a business. His diverse interest in the tech and business world fuel his...

BloomBites

Bloombites: Local Growth In The EV Sector | January 21 , 2021

January 21st, 2021Neal Bloom

Hi all, we've talked a lot about how OC is playing a major role in EV adoption through new vehicle production and technology infrastructure development. With the announcement of another $2.5B in funding by Rivian, the electric truck maker will definitely be growing locally. With Irvine as its head office, this fundraise means lots of new jobs so...

Tech Ecosystem

Investor Favorite Rivian Raises Another $2.6 Billion

January 20th, 2021FST Team

Rivian, an electric-vehicle startup founded in 2009, has just raised another $2.6 billion in an investment round led by T. Rowe Price. This means the Amazon-backed company has raised over $8 billion to date, making it one of the most well-funded EV startups in the world. This money will likely help launch Rivian's first two electric vehicles later...

BloomBites

Bloombites: Supporting Local Businesses into 2021 | 12/16/2020

December 16th, 2020Neal Bloom

Well, that's a wrap. 2020 that is. Can't say much more than what's been said about the year as a whole, but looking under the hood, OC has a lot to be proud of. We continued supporting our startups in an upside down world - many of our companies gained due to the economics of digitization, while a lot faced some real tough times. While we...

BloomBites

Bloombites: Ending the Year Strong | 12/2/2020

December 2nd, 2020Neal Bloom

Last month of this crazy year - we got this! Meanwhile, we're all busy working away and expecting the internet to find its way to wherever we are and always be there for us. Like the sewer and water beneath our streets, internet access is a necessity, yet requires a significant amount of technology to keep it up running and secure. We dove...