Coronavirus Updates: Startups Get Working on Protective Gear, L.A. Will Shut Power to Noncompliant Businesses

Coronavirus Updates: Startups Get Working on Protective Gear, L.A. Will Shut Power to Noncompliant Businesses

Here are the latest headlines regarding how the novel coronavirus is impacting the Los Angeles startup and tech communities. Sign up for our newsletter and follow dot.LA on Twitter for the latest updates.

Today:

  • With Masks in Short Supply, Local Companies Start Sewing
  • SpaceX Making Face Shields and Hand Sanitizer
  • L.A. County's Plan to Expand Available Hospital Beds
  • Can 3D Printing Help Alleviate L.A.'s Mask Shortage?
  • L.A. Mayor Garcetti Doubles Down on Work From Home Orders
  • Riot Games Donates $800K to Help With COVID-19 Effort

With Masks in Short Supply, Local Companies Start Sewing

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Sonia Smith-Kang posted a call out on Facebook announcing her boutique children's clothing business in downtown Los Angeles was pivoting to designing masks to help protect first responders. The next morning she had nearly 400 orders and pleas for more.

The inspiration to pivot her business came from conversations with her husband, a doctor who works in the intensive care unit at Dignity Health - Northridge Hospital Medical Center. "When he would come home, he said 'there's a shortage of masks," said Smith-Kang, a former nurse and founder of Mixed Up Clothing, which makes clothes that draw on cultural themes. "This really validated what we were hearing."

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Memo: SpaceX Making Face Shields and Hand Sanitizer

Army Reserve Soldiers conduct Medical IRT clinic at Bug-O-Nay-Ge-Shig School

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Hawthorne-based SpaceX told employees it has built 75 face shields and delivered them to Cedars Sinai Hospital, according to an internal memo obtained by CNBC. Elon Musk's company also donated 100 "tyvek" protective suits to the hospital and is getting ready to produce hand sanitizer. At least one employee and an outside health care provider at SpaceX's headquarters have tested positive for COVID-19. As a result, at least a dozen employees have been sent home to quarantine, according to the Los Angeles Times.

L.A. County's Plan to Expand Available Hospital Beds

Los Angeles County public health officials announced three people had died from COVID-19 in the last day, and 138 new cases have been detected. That brings L.A. County's current total to 799 confirmed cases.

For the first time, L.A. officials updated the public on their efforts to procure more ventilators, beds and other desperately needed equipment — a tally they say they'll begin updating regularly, along with the number of coronavirus cases and deaths.

There are currently 800 ventilators for the surge of critical COVID-19 cases officials expect to see in the coming weeks, county Health Services Director Dr. Christina Ghaly said. She outlined a plan to make more beds available by working with hospitals to reduce their current number of patients and prepare rooms to hold more beds. The county is also working to stand up new facilities to house an overflow of patients, she said.

Dr. Ghaly added the county is working with several local universities to track the needs of hospitals, and project where that need will be most severe.

Asked whether L.A. should prepare for the upswing in COVID-19 caseloads that New York and other cities have seen, county public health director Dr. Barbara Ferrer said "we would be foolish to not prepare for a similar scenario here in L.A. County."

Can 3D Printing Help Alleviate L.A.'s Mask Shortage?

3Diligent, which offers a web-based marketplace for industrial grade 3D printing and rapid manufacturing, announced Wednesday it is going to help coordinate the response of 3D printer owners to help ease the shortage of masks and other protective equipment. The El Segundo-based company will offer its enterprise software, Shopsight, free of charge for the duration of the crisis and is creating a streamlined portal for hospitals to procure designs and submit a request with required quantities and delivery dates.

"So many people want to help medical workers at this critical time. By identifying the right PPE designs and manufacturing spec, making our Shopsight software free to ensure those designs are made the right way, and giving medical professionals a seamless way to order them, 3Diligent can hopefully help channel all this goodwill into the most positive impact," Cullen Hilkene, 3Diligent CEO, said in a statement.

L.A. Mayor Garcetti Doubles Down on Work From Home Orders

Mayor Eric Garcetti warned Los Angeles overnight that it is not acceptable for workers to return to their offices, warning that the worst of the coronavirus pandemic is still to come. "Let me be clear: it is unacceptable for non-essential businesses to continue their operations as normal," the mayor tweeted late Tuesday. He said the Department of Water and Power will shut services for businesses that don't comply with the city's "safer at home" ordinance. Garcetti hosts another press conference later in the day, and could discuss relief for L.A. businesses as part of the federal government's $2-trillion stimulus package agreed by Senate Democrats and the White House early Wednesday. Part of that deal includes a half-trillion-dollar fund to help struggling companies and direct payments to most Americans.

Riot Games Donates $800K to COVID-19 Effort

L.A. Mayor Eric Garcetti said Wednesday afternoon that L.A.-based Riot Games is donating $800,000 to local nonprofits to help with the coronavirus effort, including $200,000 to the mayor's fund which will go toward feeding seniors and providing childcare and support to out-of-work Angelenos.

In addition, Garcetti said, the gaming giant is working to provide personal protective equipment for L.A. hospitals and keeping its staff on the payroll.

"Riot Games is committed to doing right by its employees," he said.

Garcetti also announced a new online portal where medical professionals can register to help with the coronavirus outbreak.

"There are few Angelenos in more demand. right now than medical staff," he said.

From Pitch Meetings to Power Lunches: LA’s Exclusive Membership Clubs 🗝️

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Summer's here, so it's time to zhuzh up your work environment. Discovering the best membership and social clubs in Los Angeles for meetings can boost networking and collaboration, offering exclusive venues and premium amenities tailored for professionals and creatives to thrive amidst the city's vibrant backdrop. These clubs provide a sophisticated setting for productive gatherings and meaningful connections in LA. Here are some top private member clubs perfect for meetings and productive work sessions.

The Jonathan Club

Club Details: The Jonathan Club, one of Los Angeles' original membership clubs, has been a cornerstone of the city's elite social scene since its founding in the mid-1890s. Its legacy is intertwined with the growth and development of LA itself, most notably through a pivotal meeting held at the club that sparked the idea for a southern campus of the University of California—what would eventually become UCLA. Today, the Jonathan Club continues to offer its members an unparalleled experience of exclusivity and refinement. With locations in both DLTA and Santa Monica, members enjoy access to premium amenities and spaces and a calendar with hundreds of social events and workshops throughout the year, providing ample opportunities for networking, personal growth, and leisure activities.

Membership Details: Initiation fee is around $50,000, and admission typically requires that you be invited or know someone who is already a member.

Spring Place

Image Source: Spring Place

Neighborhood: Beverly Hills

Club Details: A mix between co-working space and social club, this Beverly Hills hotspot is a more exclusive version of similar clubs. Spring Place Beverly Hills spans three floors and offers a stunning art collection. The interior is filled with tons of natural light and has an intentional design that fuels members to harness some of their best work. Members also have access to luxurious dining and nightlife pop-ups that happen at Spring Place.

Membership Details: There is a non-refundable initiation fee of $500 and then local membership for people under 30 starts at $300 per month, while monthly membership for locals over 30 is $600.

Griffin Club

Image Source: Griffin Club

Neighborhood: Cheviot Hills

Club Details: Located in Cheviot Hills, Griffin Club LA is a sporty club with ample shared workspace. Following a $20M renovation in 2020, the club now boasts seven LED-lit tennis courts, four LED-lit pickleball courts, two recreational lap pools, a 25-meter family pool for kids, an adults-only resort pool, and childcare services. It's the ideal destination for a clientele looking to mix work with competitive sport.

Membership Details: Membership is by invitation only and is subject to approval. Membership prices at the club vary. A family membership entails a $12,000 initial fee plus a $450 monthly fee, while a junior membership only entails a $2,000 initiation fee and a $205 monthly fee.

Soho House West Hollywood

Image Source: Soho House West Hollywood

Neighborhood: West Hollywood

Club Details: Soho House West Hollywood provides a stylish and exclusive work and meeting destination, featuring chic meeting rooms and workspaces with panoramic views of Los Angeles. Combining luxury amenities with a creative atmosphere, it offers an ideal setting for networking, collaboration, productive sessions, and an amazing Sunday brunch!

Membership Details: Two current member referrals are needed, plus an online application, and a recent photo to confirm your identity. Quarterly memberships start at $675.25, but if you’re under 27, you can pay $337.75 quarterly. However, if you want access to every house, membership costs $5,250.00 annually, or $2,650.00 if you’re under 27.

Little Beach House Malibu

Image Source: Little Beach House Malibu

Neighborhood: Malibu

Club Details: The Little Beach House Malibu is a small, local club for the creative community of Malibu and the surrounding coastal areas. The club is known for its magnificent dining room, bar, sitting room and terrace. It is the perfect place for a truly memorable work meal.

Membership Details: Malibu Beach House is not included in the Soho House membership. If you are an existing member, you can apply for “Malibu Plus” for an additional $2,190 a year, or $1,095 if you’re under 27.

San Vicente Bungalows

Image Source: San Vicente Bungalows

Neighborhood: West Hollywood

Club Details: San Vicente Bungalows is an exclusive, members-only social club located in West Hollywood, California, offering a luxurious and private environment for its high-profile clientele. The club is renowned for its strict privacy policies, elegant decor, and high-end amenities, catering to celebrities (and royals) and industry elites seeking a discreet space to unwind and socialize.

Membership Details: You must be nominated by a current club member to apply. Applications are evaluated monthly and annual dues start at $4,200 plus a $1,800 initiation fee.

The Aster

Image Source: The Aster

Neighborhood: Hollywood

Club Details: The Aster, located at the iconic intersection of Hollywood Boulevard and Vine Street, redefines the modern members' club with its emphasis on warmth and hospitality, blending public hotel amenities with private club exclusivity. Featuring bright, airy spaces and top-notch facilities such as an outdoor pool, recording studio, and rooftop bar, it offers a fluid environment for work, relaxation, and socializing.

Membership Details: Memberships start at $3,600 per year and be acquired by filling out an application. In addition to uploading a photo, hopeful members also have to write a small bio while highlighting their interests, skills, profession, and hobbies.

NeueHouse

Image Source: NeueHouse

Neighborhood: Venice/Hollywood/DTLA

Club Details: NeueHouse in LA is a chic private workspace and cultural hub designed for creative professionals, offering sophisticated workspaces, a dynamic calendar of cultural programming, and luxurious amenities. Situated in three bustling neighborhoods across LA, it provides a collaborative environment where members can work, network, and unwind in style.

Membership Details: You have to apply for the Salon membership, which includes questions like “dream dinner guests (dead or alive?)." Annual dues for Salon memberships are $3,000 plus a $200 joining fee. You can also inquire about the Gallery membership for flexible workspaces and offices for individuals or teams, starting at $595 per month, with various options depending on your needs.

🧬🔬AI-Driven Drug Discovery

🔦 Spotlight

Terray Therapeutics is at the forefront of AI-assisted drug discovery and development, operating a cutting-edge laboratory in Monrovia, California. The facility, roughly two-thirds the size of a football field, functions as a data powerhouse, generating over 50 terabytes of raw data daily, which is an amount of information equivalent to 12,000 high definition movies, through its miniaturized automation processes.

Terray Therapeutics exemplifies a new wave of innovative companies harnessing artificial intelligence to revolutionize drug discovery and development. The key to their approach lies in generating vast amounts of high-quality experimental data to train their AI systems. This data-driven strategy enables rapid experimentation and pattern recognition, allowing the AI to make informed predictions about potential treatments. Terray's generative AI can digitally design drug molecules, which are then synthesized and tested in their high-speed automated laboratory. The platform measures the interaction between these molecules and target proteins, with both successful and unsuccessful results feeding back into the AI system.

This iterative process creates a powerful feedback loop, continuously refining the AI's predictive capabilities and accelerating the drug discovery process. Terray's tNova platform integrates chemical experimentation and computation at an unprecedented scale, producing massive amounts of precise, purpose-built data that becomes increasingly valuable with each cycle of design and experimentation. This unique blend of experimentation and computation allows Terray to efficiently explore a vast molecular space, potentially solving complex problems in drug discovery faster and more effectively than traditional methods.

🤝 Venture Deals

LA Companies

  • Fuze Technology, a provider of rentable portable phone chargers, has raised a $11.5M Series A led by Beverly Pacific and joined by Palm Tree Crew, Bain Capital Ventures Scout Fund, Dream Ventures, Live Nation, ASM Global, SCIENCE Ventures, Haslem Sports Group, and Simon Ventures. - learn more
  • Stanly, a platform that offers fan-to-fan and artist-to-fan communication and commerce, raised an $8M Funding Round led by C Capital and joined by AppWorks, Goodwater, and Palm Drive Capital. - learn more
  • GrayMatter, an industrial robotics company, raised a $45M Series B led by Wellington Management and joined by NGP Capital, Euclidean Capital, Advance Venture Partners, SQN Venture Partners, 3M Ventures, B Capital, Bow Capital, Calibrate Ventures, OCA Ventures, and Swift Ventures. - learn more

LA Venture Funds

LA Exits

  • Webtoon Entertainment, an online cartoon company based in LA carved out of South Korea's Naver, set IPO terms to 15m shares at $18-$21. It would have a $2.6b fully diluted market value, were it to price in the middle, and plans to list on the Nasdaq (WBTN). - learn more
  • EV maker Fisker has finally filed for bankruptcy. - learn more
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Sony Pictures Experiences Division Formed After Alamo Drafthouse Acquisition

Christian Hetrick

Christian Hetrick is dot.LA's Entertainment Tech Reporter. He was formerly a business reporter for the Philadelphia Inquirer and reported on New Jersey politics for the Observer and the Press of Atlantic City.

Sony Pictures Experiences Division Formed After Alamo Drafthouse Acquisition

🔦 Spotlight

Sony Pictures Entertainment has acquired Alamo Drafthouse Cinema in a groundbreaking deal that marks the first time in over 75 years a major Hollywood studio will own a movie theater chain. This acquisition signals a potential shift towards vertical integration in the film industry, with Sony gaining more control over the distribution and exhibition of its films.

The deal allows Sony to expand its presence in experiential entertainment, aligning with its vision of engaging audiences outside the home through unique offerings. Alamo Drafthouse's innovative dine-in movie experience, devoted fanbase, and curated programming like Fantastic Fest make it an appealing acquisition target. Sony stressed that Alamo will continue operating its 35 locations under CEO Michael Kustermann, who will head the new Sony Pictures Experiences division.

While the move provides financial backing for Alamo after its bankruptcy struggles, questions remain about whether the chain can maintain its independent spirit and personality under Sony's ownership. Alamo is renowned for creative programming like themed events, interactive screenings, and a strict no-talking policy that has cultivated a passionate community of moviegoers. Balancing this distinct identity with Sony's corporate interests will be a key challenge moving forward.

From a technological standpoint, this move opens up possibilities for Sony to enhance the moviegoing experience at Alamo Drafthouse locations through integration of advanced audiovisual systems, immersive technologies, and projection/sound solutions. In addition, Sony could create a more seamless and connected experience for moviegoers, such as through integrated ticketing platforms, mobile apps, and personalization driven by data analytics. While specific technological plans are not detailed, the combination of Sony's resources and Alamo Drafthouse's innovative approach could foster synergies and drive the development of new technologies to differentiate the theatrical experience further.

🤝 Venture Deals

LA Companies

  • Apex, a satellite bus maker, raised a $95M funding round co-led by XYZ VC and CRV joined by Upfront Ventures, 8VC, Toyota Ventures, Point72 Ventures and others. - learn more
  • Regard, a developer of AI tools to help medical providers synthesize patient data, raised a $30M Series B led by Oak HC/FT at a $350M valuation. - learn more
  • Daisy, a small business tech installation startup, raised an $11M Series A co-led by Goldcrest and Bungalow. - learn more
  • Pyte, a startup that allows companies in highly regulated industries like finance and healthcare to perform computations on encrypted data without ever decrypting it, raised a $5M Funding Round led by Myriad Venture Partners. - learn more

LA Venture Funds

LA Exits

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