First Resonance Lands $3.5M as Aerospace and EV Manufacturing Expand

Samson Amore

Samson Amore is a reporter for dot.LA. He holds a degree in journalism from Emerson College. Send tips or pitches to samsonamore@dot.la and find him on Twitter @Samsonamore.

First Resonance

A work collaboration and inventory management software for aerospace manufacturers — including rocket-part maker Phase Four — First Resonance is poised to take off.

The startup raised a $3.5 million Series A on Wednesday, and will use the funding to expand its footprint in Los Angeles.

Eventually, the downtown-based company wants to be the software behind a new wave of mobility, from jetpacks to air taxis.


First Resonance initially targeted aerospace companies, but has since expanded to other industries, including automotive and robotics. CEO Karan Talati said the company eventually plans to help build air taxis.

"We're bringing on companies even right now that start to get into the kind of blurry lines of what the future of mobility looks like," Talati said.

First ResonanceA screenshot of First Resonance's inventory management software.

First Resonance

The new round of funding will allow the company to double — "if not triple" — its headcount by the end of this quarter and develop its main product, the Ion factory management software, which allows manufacturers to automate and streamline operations.

The funding round was led by Blue Bear Capital, a Beverly Hills-based venture capital firm that looks to invest in automation, artificial intelligence and the industrialization of renewable energy.

First Resonance has now raised a total of $5.3 million since its 2018 launch.

The startup began working remotely last March. Its six-person team is made up of engineers that come from top manufacturers in town including SpaceX, Toyota and NASA.

Blue Bear Capital partners Ernst Sack and Vaughn Blake decided to invest in First Resonance because they saw the long-tail potential for First Resonance's software as the market for electric cars soar and the space market expands.

Karan Talati

First Resonance CEO Karan Talati

Manufacturing in both of those areas requires a complex set of processes.

"At the global level, the revolution of next-gen manufacturing is critical to solving the climate and mobility challenges that we'll be facing in the years ahead," Blake said. "First Resonance' software ignites that revolution by enabling the manufacturing workflows required to electrify transport, reach orbit and propel satellites."

The software lets factories automate their manufacturing and manage their supply chains, freeing up more time for engineers to focus on futuristic designs, Talati said. It also uses data visualization and analytics to help builders troubleshoot design issues.

First Resonance is already backed by notable firms including Santa Monica-based Wavemaker Partners and Westwood-based Fika Ventures, but Blue Bear has a foothold in Texas, where aerospace activity and manufacturing are exploding, giving it an edge over other firms. Elon Musk has reportedly moved to Austin, and some of SpaceX's manufacturing has migrated to Boca Chica Village in Texas.

"It's been really great [to access] new customer acquisition or networks, with their extended team in San Francisco as well as Texas," Talati said, noting at First Resonance has plans to expand far beyond Los Angeles' borders.

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Fuel Innovation: 7 Unforgettable Team Building Experiences in LA
Image Source: Discover LA

In today's competitive business landscape, team building activities have emerged as a crucial tool for fostering a positive work environment, enhancing productivity, and crucially, improving employee retention. Studies have shown that such activities help employees feel valued, with one report indicating that 93% of those who felt appreciated were more motivated at work. Importantly, team building events may improve retention rates, as employees who feel connected to their colleagues and company culture are more likely to stay long-term. With these benefits in mind, let's explore some of the most engaging and effective team building activities available in Los Angeles.

Pickleball

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Pickleball is a fantastic team bonding activity because of the easy-to-grasp rules and gentle pace make it perfect for everyone, regardless of age or fitness level. The game thrives on communication and teamwork, as players must collaborate and strategize to outplay their opponents, boosting team cohesion. Plus, the lively, fast-paced action sparks friendly competition and laughter, creating a fun and spirited atmosphere that brings everyone closer together. Los Angeles boasts numerous pickleball courts that are easy to rent if you have your own equipment. If you need additional assistance organizing your pickleball outing, there are plenty of full-service companies ready to handle every detail for you.

Resources: Pickle Pop, Corporate Pickle


Escape Room

Image Source: The Escape Game

Escape rooms are a great way to build camaraderie. They require participants to work together, combining their problem-solving skills and creativity to overcome challenges and puzzles. The immersive and time-sensitive nature of escape rooms fosters collaboration and communication. Additionally, the shared experience of tackling complex tasks and reaching a common goal helps build trust and foster positive emotions among colleagues.

Resources: The Escape Game, 60Out


Day Trip to Catalina Island

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Catalina Island is a perfect day trip for a team because it provides a break from the usual work environment, allowing team members to relax and connect in a new setting. Shared experiences during the trip, such as exploring new places and participating in fun activities, help build stronger relationships and foster a sense of camaraderie. There are numerous team-building activities such as an arboreal obstacle course, an island tour, scavenger hunts and more.

Resources: Catalina Island Group Activities


Top Golf

Image Source: Topgolf

Topgolf is an excellent team building event because it provides an inclusive, relaxed atmosphere that accommodates players of all skill levels, fostering personal connections and improving team morale. The unique blend of competition and entertainment creates an ideal setting for building trust, enhancing communication, and revealing hidden skills among team members. Additionally, Topgolf offers structured team building packages with guided activities, discussion prompts, and lessons on culture, change, collaboration, and strategy, making it a versatile and effective platform for strengthening relationships and boosting overall team performance.

Resources: Topgolf El Segundo


SoFi Stadium Tour

Image Source: Discover LA

A SoFi Stadium tour offers a unique, behind-the-scenes experience of one of the world's most advanced sports venues, allowing team members to explore exclusive areas like premium suites, team locker rooms, and the player tunnel together. The tour provides a shared, memorable experience that can foster camaraderie and spark conversations among team members, regardless of their interest in sports. Additionally, the stadium's state-of-the-art features and impressive architecture can inspire creativity and innovation, while the group setting encourages interaction and collaboration, making it an engaging and enjoyable activity for teams of various sizes and backgrounds

Resources: SoFi Stadium Group Tours


Corporate Volunteering

Image Source: L.A. Works

Volunteer work serves as an excellent team building activity by uniting employees around a shared, meaningful cause, fostering a sense of purpose and collective accomplishment. It provides opportunities for team members to collaborate in new ways, often revealing hidden strengths and leadership qualities that may not be apparent in the regular work environment. Additionally, engaging in community service can boost morale, enhance the company's reputation, and instill a sense of pride among employees, leading to improved workplace relationships and increased job satisfaction.

Resources: Habitat for Humanity, L.A. Works, VolunteerMatch


Corporate Improv Sessions

Image Source: Improv for the People

A corporate improv class encourages spontaneity, creativity, and quick thinking, skills that are valuable in the workplace. It promotes active listening and collaboration, as participants must work together to create scenes and respond to unexpected situations, fostering better communication and trust among team members. Additionally, the playful and often humorous nature of improv helps break down barriers, reduces stress, and creates a shared positive experience that can improve team morale and cohesion long after the event.

Resources: Improv-LA, Groundlings, Improv for the People

🎬 Paramount and Skydance Are Back On
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Happy Friday Los Angeles! Hope you all had a fantastic Fourth!!

🔦 Spotlight

Paramount and Skydance Media have rekindled talks to merge after negotiations abruptly halted in June. The proposed deal, contingent on approval from Paramount’s board, aims to combine Paramount’s extensive media holdings—including CBS, MTV, and Nickelodeon—with Skydance’s film expertise showcased in hits like "Top Gun: Maverick." This merger signals a potential transformation in the media landscape, positioning the new entity to compete more effectively amid challenges from streaming services and the decline of traditional cable TV.

Led by Shari Redstone, Paramount’s controlling shareholder via National Amusements, the deal represents a pivot towards revitalizing Paramount’s strategic direction amidst financial struggles and shareholder concerns. The involvement of major investors like RedBird Capital Partners and David Ellison underscores the financial backing aimed at stabilizing Paramount’s operations and addressing its $14 billion debt burden. Importantly, the agreement includes provisions to protect National Amusements from potential legal challenges, addressing previous hurdles that stalled earlier negotiations.

The deal also includes a 45-day period for Paramount to explore alternative offers, highlighting continued interest from other potential buyers like Barry Diller’s IAC and media executive Edgar Bronfman Jr. This flurry of activity underscores the significant stakeholders’ interest in Paramount’s future and its potential as a key player in a rapidly evolving media industry.


🤝 Venture Deals

LA Companies

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