The aerospace, defense, and automobile industries have long been reliant on obsolete processes for hardware design and manufacturing that do not fully encapsulate the potential of technology. First Resonance is the manufacturing intelligence platform that allows next-gen hardware companies to innovate, iterate, and get products to market faster with unprecedented real-time visibility into production status. Replacing spreadsheets, documents, and costly legacy manufacturing processes, First Resonance’s ion Factory Operating System leverages data science, API integration, and machine learning to provides flexibility and collaboration between knowledge teams in established manufacturing workflows. Founded by former SpaceX engineers, the platform was able to gain 12+ new customers in 2020 despite the pandemic to help advance the future of climate change, space travel, planetary exploration, and sustainable agriculture. LA TechWatch caught up with CEO and Cofounder Karan Talati to learn more about First Resonance, the platform’s impact on manufacturing, progress made since launching out of stealth last fall, the company’s latest funding round led by Blue Bear Capital.
The latest venture capital, seed, pre-seed, and angel deals for LA startups for 2/25/2021 featuring funding details for NXCR and much more.
As a Founder, when do I get a raise? Everyone else seems to know that every year we (try) to give everyone an annual bonus, and when market conditions are such, a significant jump. But when does that filter back to my wallet? How do I establish reasonable expectations for myself?
Customer lifetime value (CLV) is the single most important metric for understanding your customers and their behavior. Without a solid understanding of it, it becomes nearly impossible to understand your marketing efforts and predict profitability. Retina is leveraging AI and data analytics to understand CLV before a customer makes a purchase for high-growth consumer companies. According to its data, the customer intelligence platform is able to lift CLV by 44%, generating 8x more return on ad spend while improving marketing efficiency by 30%. Presently, the platform is focused on companies that are doing ~$10M in revenue but plans to roll out its offering to mid-sized businesses is in the works. The level of specialized data that Retina is able to provide has traditionally been reserved for large companies with entire in-house data teams. LA TechWatch caught up with Cofounder and CEO Emad Hasan to learn more about the company’s mission to democratize the access to data that drives high-value sales, future plans, the LA Tech ecosystem, and much, much more.
The latest venture capital, seed, pre-seed, and angel deals for LA startups for 2/24/2021 featuring funding details for Emotive and much more.
Every smart entrepreneur needs to realize that trying to treat every customer the same, with limited resources, may mean that you are treating them all poorly, or at least limiting your own growth.
The latest venture capital, seed, pre-seed, and angel deals for LA startups for 2/23/2021 featuring funding details for PacketFabric and much more.
LA Tech news for the week ending 2/20 featuring news for Artie, Pex, and much, much more…
The latest venture capital, seed, pre-seed, and angel deals for LA startups for 2/22/2021 featuring funding details for Magical, GeoOptics, and much more.
Secondary stock sales have become an increasingly popular mechanism for rewarding the founders who achieved significant growth in their business but what are they? Here’s what you need to know.
The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 2/20/21 featuring funding details for eFuse, Census, Standard Cognition, and nineteen other rounds that you must know about.