Michael Jones and Peter Pham, the founders of Science Inc., officially joined the SPAC frenzy on Tuesday, with a special purpose acquisition company (SPAC) of their own valued at $270 million.

In an announcement, Jones and Pham said their SPAC, Science Strategic Acquisition Corp. Alpha, would debut on the NASDAQ today by selling 27 million units at $10 a share. The SPAC plans on merging with a company in the direct-to-consumer (DTC) services space and/or mobile and entertainment sectors.

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It's never been a better time to "murder your thirst."

Seven months after raising more than $9 million in Series A funding, Santa Monica-based canned water startup Liquid Death has raised $23 million in Series B funding.

The round was led by an unnamed consumer-focused family office and participated in by Convivialité Ventures, Fat Mike (NOFX), Pat McAfee, existing investor in Velvet Sea Ventures and others.

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Stripped of their outdoor gear before their move to Los Angeles, Rachelle Snyder and her husband arrived in the city surrounded by tantalizing outdoor adventure, but with no equipment to enjoy it — and nowhere to affordably get it.

That problem led them to co-found Arrive Outdoors, an outdoor travel company that rents hiking, backpacking, camping, skiing and snowshoe gear and attire.

On Thursday, Santa Monica-based Arrive Outdoors announced they raised a $4.75 million seed round, led by Freestyle Capital.

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