Coronavirus Updates: Disney Pitches Florida Re-Open; Valence's Push for Interns; Snap, LAUSD and Celebs Partner on Reading

Coronavirus Updates: Disney Pitches Florida Re-Open; Valence's Push for Interns; Snap, LAUSD and Celebs Partner on Reading

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.

  • With internships cancelled, Valence tries to fill the void for young black professionals
  • Florida is poised to open Disney World and SeaWorld. Will California be far behind?
  • Snap and LAUSD promotes reading during COVID, with an assist from celebs like Alicia Keys

    With internships cancelled, Valence tries to fill the void for young black professionals

    Across the country aspiring young students have had their summer internships cancelled because of the pandemic, crushing dreams and muddying professional paths. It's been especially hard for communities of color, where some are the first in the family to go to college or where internships provide an entrance into a professional world.

    Valence Enterprises Inc., a Santa Monica-based company that's developed a sort of LinkedIn for black professionals, is trying to offset the pain calling on their network of leaders and professionals to provide career advice. Their network of 7,000 individuals can talk on everything from Hollywood to venture capital to marketing. Indeed, the legion of young professionals seeking it will need that hand as they enter a world forever changed by the pandemic.

    Many are already facing devastating family loss - as the coronavirus kills African Americans at three times that of white families. And job loss is concentrated in low-wage sectors where black and Latino workers are seeing high unemployment.

    The very wealth gap that Valence seeks to lessen is only expected to widen after the pandemic.

    Dubbing their efforts the "Boost Challenge," Valence is asking their network of more than 7,000 professionals to provide 30 minute one-on-one coaching sessions. "This is a chance to be coached by some really inspiring people that you otherwise wouldn't have direct access to," said Emily Slade, co-founder of Valence.

    So far, they have gotten a buy in from the former chief marketing officer of Beats By Dre, and founder of Opus, Omar Johnson, to offer branding advice; Olympic medalist Michael Johnson will give partnership and sponsorship advice; and Boris Kodjoe, who founded the Full Circle Festival and is an actor and model, will offer his thoughts on the entertainment industry. Other participants include the chief marketing officer of Snap, Kenny Michell; Maisha C. Leek, a partner at Human Ventures; Derek Ali, a Grammy Award-winning mixing engineer; and Caroline Wang, chief culture, diversity and inclusion officer at Target Corp.

    "As a tech platform and professional network focused on connecting the Black community with mentorship, job opportunities and capital, Valence is in a unique position to provide some support," said Kobie Fuller, the co-founder and a general partner at Upfront Ventures. Valence has previously partnered with historically black colleges and universities, where students are reeling from the impacts of the pandemic.

    An online survey by HBCUvc found among students at historically black colleges 62% lost their job due to COVID-19. The sample survey of 137 students by the nonprofit aimed at increasing opportunity in venture capital and technology also showed that among those 75% held a job while at school.

    Florida is poised to open Disney World and SeaWorld. Will California be far behind?

    Walt Disney World wants to reopen in weeks after the Orlando amusement park was shuttered as the pandemic spread, and the company's multi-tiered proposal might be a blueprint to how the Magic Kingdom will open the front gates of its Anaheim park. Other Florida parks are also unveiling proposals to do the same, which must be approved by Gov. Ron DeSantis.

    Disney plans a tiered reopening, with Disney World and Animal Kingdom opening on July 11, then Epcot and Hollywood Studios on July 15.SeaWorld wants to open on June 11. And Universal Orlando presented its plan to reopen on June 5. That plan also has been approved by the Orlando task force, which sent its recommendation to the governor. "We are developing a series of 'know before you go' communication vehicles and our objective is to reinforce our health and safety messages to guests before they arrive on our property so they are aware and prepared for the new environment," Disney's senior vice president of operations, Jim McPhee, told the task force.

    Will the same re-opening plan soon be unveiled for California's version of the theme parks? The Los Angeles Times reported that a key architect of the nation's first coronavirus shelter-in-place order is criticizing the state's increasingly fast pace of lifting stay-at-home restrictions. Dr. Sara Cody, health officer for Santa Clara County — home to Silicon Valley and Northern California's most populous county — said she was concerned by the decision to allow gatherings of up to 100 people for religious, political and cultural reasons.

    Snap and LAUSD promotes reading during COVID, with an assist from celebs like Alicia Keys

    c1.staticflickr.com

    Snapchat and L.A. Unified School District are partnering to keep high school students reading books while the coronavirus pandemic keeps them from the classroom. On Wednesday, Snap launched a new original series titled The A-List Book Club on its Discover platform, which houses Snap-curated content for its young-skewing audience. The new series will showcase celebrities discussing a favorite book and what it means to them.

    Participating celebrities, who will shoot the footage themselves, include Russell Westbrook, Alicia Keys, and Kendall Jenner. At the end of each episode, LAUSD students can swipe up to be directed to L.A. Unified's website, where they can enter their student credentials to receive a free digital copy of the book. Book donations are supported by L.A. Students Most In Need, a charity created to support students during this challenging time.

    The series will also air on LAUSD's YouTube channel, as well as on Snapchat nationwide, but without the swipe up option. "Education creates opportunity, and we are excited to support public education and help create new ways to engage students in learning outside the structure of a classroom," said Evan Spiegel, Snap's co-founder and CEO. "We are inspired by working together with Los Angeles Unified to create resources for students to help them build the foundation for future success."

    How to Navigate LA Tech Week 2026

    🔦 Spotlight

    Happy Friday, Los Angeles.

    Next week, hundreds of tech events will take over the city, bringing founders, investors, engineers and creators together from October 12 through 18.

    Calling LA Tech Week a conference does not quite capture the experience.

    Presented by Andreessen Horowitz, Tech Week is a decentralized collection of panels, workshops, demonstrations and gatherings hosted independently by startups, venture firms and technology companies. There is no convention center or central stage. The programming stretches from Santa Monica and Venice to Culver City, Downtown, El Segundo and beyond.

    In other words, the city is the venue.

    AI remains the dominant theme for 2026, appearing across enterprise software, healthcare, finance, media and the creator economy. The schedule also reflects industries where Los Angeles has built a particular advantage, including aerospace, defense, robotics, advanced manufacturing, entertainment and consumer technology.

    That range is what makes LA Tech Week distinct. It brings together the software companies shaping what comes next with the industries that already define Southern California.

    The challenge is deciding where to show up.

    Our advice: apply early and organize your schedule by neighborhood. Crossing from Santa Monica to Downtown may look manageable on a calendar created by someone who has never driven in Los Angeles.

    To help you spend more time meeting people and less time crossing the city, we have organized each day’s events by location:

    You can also browse the complete official LA Tech Week calendar.

    Plan carefully, but do not fill every minute. The best conversation of the week may be the one that was never on your calendar.

    More from this week’s LA startup and venture scene below.

    🤝 Venture Deals

      LA Companies

      • El Segundo-based Gallatin AI raised a $50M Series A from new and existing investors including 8VC and Silent Ventures, bringing its total funding to $70M. The defense technology startup will expand its engineering team and advance Navigator, an AI platform that helps U.S. military units coordinate vehicle readiness, supplies, medical logistics and other mission-support operations. - learn more
      • Pasadena-based quantum computing startup Oratomic raised a $475M Series B at a $5.4B valuation, just three months after its Series A. ARCH Venture Partners, Spark Capital, Khosla Ventures, Index Ventures, General Catalyst and Bezos Expeditions co-led the round, bringing Oratomic’s total funding to $775M as it works toward a commercially viable, fault-tolerant quantum computer by 2030. - learn more
      • Torrance-based Fortastra raised a $30M Series A led by First In, with participation from Upfront Ventures, Space Capital, Rsquared, Side Door Ventures, ATX Ventures and existing investors. The company will use the capital to develop its next-generation maneuverable spacecraft, expand its engineering and operations teams and scale production of systems designed to protect critical assets in orbit. - learn more
      • Parallel Systems raised a $100M Series C led by AVP, with participation from Hillspire, Agility Global, Cobalt Capital, Anthos Capital, Congruent Ventures, Riot Ventures and Collaborative Fund. Founded by former SpaceX engineers, the company will use the funding to scale production and commercial deployment of its autonomous, battery-electric Panther rail vehicles, which are designed to make short-haul freight more competitive with trucking. - learn more
      • Gaming studio Gardens Interactive secured more than $35M in a Series B led by Lightspeed, with participation from Sequoia Capital, Index Ventures, Accel, Innovation Endeavors, Zenith Capital and other investors. The company will use the funding to launch and operate its debut social role-playing “strandbox” game, an evolving multiplayer world shaped by players’ actions and interactions. - learn more
      • Outer Spaces raised an $8M pre-seed round led by Upfront Ventures, with participation from Unlock Venture Partners, Mucker Capital and Genius Ventures. The startup is developing outdoor furnishings with integrated solar panels and batteries, turning backyards into sources of clean energy and backup power. - learn more
      • Furientis raised a $25M seed round led by Benchmark at a reported $125M valuation, following a $5M pre-seed announced in May. The defense startup will use the capital to scale production of lower-cost missile interceptors designed to be assembled quickly with readily available components, with a long-term goal of producing 1,000 systems annually at each factory. - learn more
      • Hiyo raised a $20.8M Series B led by Constellation Brands, with returning investor Live Nation also participating. The nonalcoholic beverage company will use the funding to expand its adaptogen- and nootropic-infused social tonics across more than 13,000 retail locations while growing its presence at hospitality venues and live events. - learn more
      LA Venture Funds
      • Navitas Capital participated in Vesta’s $30M Series B, which was led by Conversion Capital and included backing from several major mortgage lenders and financial institutions. The company will use the funding to scale its AI agents across mortgage origination, automating tasks such as application reviews, underwriting decisions and closing-document checks. - learn more
      • MTech Capital led Nettle’s oversubscribed $4.8M seed round, with participation from Project A Ventures, Sure Valley Ventures, Portfolio Ventures and Ventures Together. The insurtech startup will use the funding to expand across the U.S. and Europe while growing its AI platform, which helps commercial insurers identify property risks, accelerate inspections and generate reports. - learn more
      • Bonfire Ventures doubled down on Santé by participating in the company’s $15M Series A, which was led by FINTOP and included other returning investors. The New York startup will use the funding to expand its AI-powered operating system for independent wine and liquor stores, which combines point-of-sale, e-commerce, payments, inventory and marketing tools in one platform. - learn more

      LA Exits

      • Winnow Solutions was acquired by Marina del Rey-based Spring Labs, with financial terms undisclosed. Winnow’s attorney-built library of more than 100,000 state and federal regulatory requirements will become a core part of SpringGRC, helping financial institutions connect changing laws directly to their compliance policies, controls and workflows. - learn more

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        LA Tech Week 2026: Sunday’s Event Lineup

        🔦 Spotlight

        LA Tech Week 2026 closes Sunday with one final day of events across Los Angeles. We have organized the remaining lineup by neighborhood so you can finish the week with a few last conversations before everyone returns to their regularly scheduled inboxes.

        ARTS DISTRICT

        12:00 PM

        CARSON

        12:00 PM

        CULVER CITY

        9:00 AM

        • Women in Cleantech & Sustainability Hike and Network: See Details Here
          Women in Cleantech & Sustainability

        6:00 PM

        • Founders pitch competition: See Details Here
          Biomorphix solutions, Nightingale regenerative

        HOLLYWOOD

        10:00 AM

        4:00 PM

        • AI International: Film, Music Video & Micro-Drama: See Details Here
          AI International Film Festivals

        MID CITY

        1:00 PM

        OTHER

        12:00 PM

        • ORGANIC LIFE LABS™ PRESENTS THE ALIGNMENT LAB: The Science of human performance: See Details Here
          The Blue Room Collective

        SANTA MONICA

        8:00 AM

        1:00 PM

        6:00 PM

        SOUTH LA

        2:00 PM

        • Future Builders : Family STEM Day: See Details Here
          Black L.A. Tech Week (Community Collective)

        VENICE

        10:00 AM

        12:00 PM

        • How to Raise Funds to Fund Any Business Using Digital Products.: See Details Here
          DN Events

        VIRTUAL

        5:00 PM

        WEST HOLLYWOOD

        3:00 PM

        Each session provides unique opportunities to gain insights, network, and explore various fields of tech innovation. For updates or more event information, visit the official Tech Week calendar.

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        LA Tech Week 2026: Saturday’s Event Lineup

        🔦 Spotlight

        LA Tech Week 2026 heads into the weekend Saturday with more opportunities to learn, meet fellow builders and explore what is being created across the region. Browse the day’s events by neighborhood below and find the gatherings worth leaving the house for.

        ARTS DISTRICT

        5:30 PM

        BEL AIR

        5:00 PM

        CULVER CITY

        10:00 AM

        1:00 PM

        4:00 PM

        DOWNTOWN

        11:00 AM

        2:00 PM

        • South Asians in Space, Physical AI: See Details Here
          american south asian network

        5:00 PM

        7:00 PM

        HOLLYWOOD

        8:00 PM

        INGLEWOOD

        10:00 PM

        LONG BEACH

        10:00 AM

        12:00 PM

        LOS FELIZ

        8:30 AM

        • Griffith Observatory Hike with Longevity Cities & Don't Die LA: See Details Here
          Longevity Cities

        MALIBU

        5:00 PM

        MARINA DEL RAY

        9:30 AM

        • The Brazen Capital Walk: Connecting Women, Capital & Opportunity: See Details Here
          BrazenEra

        6:00 PM

        • Build an AI workflow editor, natively in Angular: See Details Here
          Workflow Builder

        SANTA MONICA

        7:00 AM

        • Founders Running Club Run in Santa Monica: See Details Here
          Founders Running Club, MongoDb

        9:00 AM

        • MOLTEN - Spatial hackathon (ElevenLabs, AssemblyAI, Rokoko, Datafeel...): See Details Here
          Field Lab

        2:00 PM

        3:30 PM

        6:00 PM

        7:00 PM

        SOUTH LA

        7:00 PM

        THE VALLEY

        7:30 PM

        UCLA

        11:00 AM

        USC

        9:00 AM

        10:00 AM

        10:30 AM

        VENICE

        8:00 AM

        • Open Air Health Tech: See Details Here
          Open Air Health Tech, Bowshock, Govitamins App

        10:00 AM

        10:30 AM

        11:00 AM

        12:00 PM

        6:00 PM

        • Bots, Bytes & Bubbles Benefit: See Details Here
          Distinguished Minds Institute dba thinqueBytes®

        VIRTUAL

        9:00 AM

        • Ask a VP of Sales: Live GTM Office Hours for Early-Stage B2B Founders: See Details Here
          Kat Rucker Consulting Group

        11:00 AM

        WEST HOLLYWOOD

        11:00 AM

        • The 10x Engineer Showed Up. The 10x Organization Didn't.: See Details Here
          Workflow Builder, Tentaro

        3:00 PM

        WESTSIDE

        11:00 AM

        2:00 PM

        • Graphic Design & Digital Printing Meetup: See Details Here
          Big Frog Custom T-Shirts & More of West LA

        7:00 PM

        WESTWOOD

        12:00 PM

        Each session provides unique opportunities to gain insights, network, and explore various fields of tech innovation. For updates or more event information, visit the official Tech Week calendar.

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