MEDTECH: $30M Series A; could hire up to 200 locally
Mavrik Dental Systems Ltd., a developer of an automated teeth whitening device with a new chief executive, a $30 million funding deal announced in April, and an ambitious growth plan that looks to take advantage of changing dental practices amid COVID-19, plans to set up operations in North Orange County ahead of its first product launch this fall.
MyShoperoo in Aliso Viejo has unveiled a weekly shopping service for residents of all 34 OC cities.
DRUGS: Eye-focused firm sees global interest
Japan backer; UCI connections
EDUCATION: Mix of virtual, in-person classes
Summer’s coming; with fall semester to follow
Newport Beach’s credit sharing fintech Float has launched a marketplace that aims to provide users access to flexible personal loan products, such as student loan refinancing and debt consolidation offerings.
Innovation, fundraising among roles; Spangenberg to teach
INNOVATION: Laser-based firm lands in Irvine, raises $34M to fight cancer
125-year-old technology gets a boost
Irvine-based diagnostics and genome testing firm Breakthrough Genomics Inc. is tracking genes and genetic mutations that may impact persons’ susceptibility and resistance to the effects of COVID-19.
DEVICES: Funds flow for heart pacing system
San Clemente’s AtaCor Medical Inc. has completed the largest reported funding deal of an Orange County medical device maker since COVID-19 restrictions went into place domestically.
Nimble, a maker of environmentally friendly mobile phone accessories, is boosting its retail presence through a partnership with Verizon Wireless.
Koa Accel, an Irvine-based medtech accelerator, has launched a new portfolio company with an initial seed investment to tackle COVID-19 testing needs.
HEALTHCARE: Software CEO shares need for analytics, testing
One company tests, responds
The Innovation Institute, a La Palma-based incubator with a Newport Beach lab owned by five nonprofit health systems, is springing into action to solve COVID-19 challenges.
RETAIL: Hiring, production up; 400% e-commerce boost
6M meals a month
INNOVATION: New Prez Friedman aims to scale
The Orange County chapter of the Tech Coast Angels, the area’s largest network of investors in early-stage companies, has named David Friedman president for a two-year period.
Teledentistry upstart Denteractive Solutions Inc. of Newport Beach, which allows patients to communicate with dentists via text or video, is offering its platform free to dentists during the COVID-19 pandemic.
INNOVATION: Finds partners for test kits, therapies, ventilators
The reach of a research uni
FDA-cleared at-home urinary tract infection test kit maker Scanwell Health Inc., founded in Anaheim, is working with Lemonaid Health in San Francisco to develop an at-home test for the coronavirus.
Software Firm Serving Savings to Restaurants Puts Pause on Growth; Relief Efforts in Works
Software maker cuts jobs, foregoes funding
INNOVATION: 3D manuals used; Vyaire partnership
Irvine-based software firm Smudge Laboratories Inc. has a new focus to help hospitals workers during the COVID-19 crisis, using its 3D modeling technology to create interactive user manuals for ventilators.
Shipping and logistics platform and tech firm FreightPop in Lake Forest said it’s seeing increased interest for its cloud-based software amid supply chain uncertainty due to the pandemic.
Sports recovery products firm Hyperice was already one of OC’s fastest growers. Then it made its largest acquisition.
At-home workout? Here's your recovery
Cocoon Medical, a Barcelona, Spain-based medical aesthetics company that makes laser hair removal and body shaping products, is introducing its diode laser platform to the U.S. market through a hub in Tustin.
Orrick, McCune, Crowell, Troutman, K&L Ramp It
Several law firms with OC presences are growing their area operations noticeably—by different metrics and in varied ways.
Irvine-based Stem Audio has created a line of new audio products for conference rooms.
EDUCATION: $1.75M pledged; 190 scholarships offered annually
The families of two of Orange County more prominent business executives and philanthropists are joining together, to advance educational opportunities and the well-being of the area’s underserved communities.
Irvine-based telecommunications firm Shoelace Wireless is working with Facebook Connectivity and others to improve cellular network capacity and coverage as part of the Wi-Fi group of the Telecom Infra Project (TIP).
Cicero Diagnostics Inc. in Huntington Beach recently received a $1 million Phase II Small Business Innovation Research Fast Track grant from the National Institutes of Health.