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Yohana, a Concierge Service for Families, Launches in LA
Keerthi Vedantam
Keerthi Vedantam is a bioscience reporter at dot.LA. She cut her teeth covering everything from cloud computing to 5G in San Francisco and Seattle. Before she covered tech, Keerthi reported on tribal lands and congressional policy in Washington, D.C. Connect with her on Twitter, Clubhouse (@keerthivedantam) or Signal at 408-470-0776.
Who do you call when three simultaneous Zoom meetings have throttled your internet connection for the fifth time this week and your child has a last-minute project that needs to be completed?
Yohana—a company positioning itself as a household concierge service that helps families address the various issues and tasks that crop up in day-to-day life—wants to be that call. And after initially piloting in Seattle last year, the Palo Alto-based company is now making Los Angeles its second core market, officially launching in the city on Tuesday.
Deploying a membership model that costs $249 per month, Yohana promises to help its customers with everything from finding a plumber to planning a birthday party to buying baby food. The company partners with local piano teachers, handymen, flower shops and other service providers to provide such tasks. It also teams each family subscribed to its platform with a guide and researchers who help manage both short-term tasks like home repairs and long-term goals like travel itineraries.
Yohana is the brainchild of founder and CEO Yoky Matsouka, a former Google and Apple executive who served as chief technology officer of Google’s Nest smart home division from 2017 to 2019. After leaving Google, Matsouka started Yohana in 2020 with the goal of creating family-centric technology. She opted to eschew Silicon Valley’s traditional venture capital-backed startup model and instead partner with an old-school tech company: Panasonic, the Japanese consumer electronics conglomerate, which backs Yohana as a fully-funded independent subsidiary.
“[At Nest] it felt that it was very linear no matter how fast we moved; it was a startup with a brand that nobody knew about, and then it takes a long time to build that up,” Matsouka said of her time at Nest prior to its $3.2 billion acquisition by Google in 2014. With the Panasonic partnership, she told dot.LA, “I have the ability with a larger company to utilize their brands to springboard much faster.”
Yohana first launched in Seattle in 2021 via a pilot program involving more than 1,000 households, who it claims were able to save some 8 to 10 hours per week in household tasks by using the service. Through the pilot, Matsouka said the company was able to further refine its product in advance of forays into new markets like L.A. For instance, it built new security and encryption applications to help families manage their credit cards and other sensitive files.
“Initially before we launched in Seattle, we thought that people would not give us really personal tasks like passport renewal,” Matsouka said. “It turns out people felt the need to have a lot of personal data passed on to us so that we can do more tasks.”
In the future, according to Matsouka, the company will be able to leverage its hordes of data through the power of AI and machine learning to make life easier for customers and vendors alike—so that if multiple families are requesting the same service or experience, for example, Yohana’s technology can help streamline the planning.
Yohana’s tech-enabled platform nestles alongside more established ventures like TaskRabbit and Instacart in what’s called the family-tech space, an emerging subsector that collected $1.4 billion in venture capital money in 2021, according to Pitchbook
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Keerthi Vedantam
Keerthi Vedantam is a bioscience reporter at dot.LA. She cut her teeth covering everything from cloud computing to 5G in San Francisco and Seattle. Before she covered tech, Keerthi reported on tribal lands and congressional policy in Washington, D.C. Connect with her on Twitter, Clubhouse (@keerthivedantam) or Signal at 408-470-0776.
https://twitter.com/KeerthiVedantam
keerthi@dot.la
DNABlock Raises $7 Million To Help Web3 Creators Mint NFT Avatars
11:46 AM | March 01, 2022
Courtesy of DNABlock
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Los Angeles-based DNABlock, which helps Web3 creators mint non-fungible tokens (NFTs) of avatars, has raised $7 million in what the startup calls a second seed round.
The funding was led by investors Sfermion, Solana Ventures, Animoca Brands and Non-Fungible Labs, with additional participation by the likes of SoftBank and Gaingels. The new round comes after the company previously raised $1.2 million in initial seed funding in September.
DNABlock plans to use the capital to further develop and scale its flagship Replikant software tool, which lets creators make video game-quality 3D avatars and animated content without needing experience in coding or animation. The startup, which launched in 2017, also plans to launch an L.A. studio for creators working on NFTs and add to its leadership ranks.
“When people began writing essays about the metaverse two years ago, we were already building the tools to make it happen.” DNABlock co-founder and CTO Luc Schurgers said in a statement. “It was clear from the start that procedurally generated avatars and animation were the future, so we assembled a team of game engine veterans with several AAA-titles under their belts and got busy.”
The firm says its Replikant technology is interoperable—meaning that an avatar’s code can jump from one Replikant-powered world to another. With more creators relying on blockchain technology to build their brands, Schurgers said other startups in the space are now “play[ing] catch-up” to DNABlock’s platform.
The company also announced that it has hired former YouTube virtual reality executive Scott Broock as its chief strategy officer. Broock also formerly served as head of digital strategy for animation studio Illumination.
Previous DNABlock investors include Twitch co-founder Kevin Lin and Mike Shinoda of the rock band Linkin Park.
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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.
Apex Space Raises $7.5M to Manufacture Small Satellites in LA
07:00 AM | October 25, 2022
Photo: Apex Space
The global market for small satellites is booming. A report from Trends Market Research last April estimated that the industry will reach a value of $15.3 billion by 2026, propelled mainly by the deluge of satellite companies big and small that are eager to capitalize on low launch costs.
But one common problem most companies face is lengthy wait times to receive a satellite bus— the main body of a satellite that holds all its key functions, scientific instruments and payload.
Enter Apex Space, a Culver City-based startup that is building a factory to make satellite buses at what it claims can be a fraction of the time it takes these contractors to finish one.
CEO Ian Cinnamon, an alumnus of the Massachusetts Institute of Technology and Stanford, believes his new venture can outsmart legacy players in the satellite manufacturing business. He is working to scale Apex alongside CTO Max Benassi, a former senior engineer at SpaceX.
On Monday the company raised a $7.5 million seed round led by Andreessen Horowitz to fund development of its first product, the Aries satellite bus—a spacecraft that’s capable of carrying payloads of up to 200 pounds into orbit. The seed round also included investment from XYZ, Lux Capital and Village Global.
The startup enters a crowded field. Established federal contractors like Lockheed Martin, Boeing and Northrop Grumman are actively deploying satellite buses for the U.S. government (including the Space Force and the Department of Defense’s Space Development Agency). Additionally, Boeing opened a new factory to build small satellites in El Segundo this March to house its subsidiary Millennium Space Systems, another competitor to Apex.
On the startup side, there’s existing bus makers trying to outpace the big players, including Denver-based York Space Systems and Terran Orbital, which has an outpost in Irvine.
A rendering of Apex's upcoming Aries satellite bus. Photo: Apex Space
But Apex’s bus is built different. Designed to be sort of plug-and-play, meaning it can carry a variety of different payload types and could work for different customers, the Aries satellite bus is designed to support a range of missions and will be mass-produced. Cinnamon said Apex aims to build its first bus to test launch by 2023, and then five more by the following year.
Apex also plans to prioritize selling its Aries product to commercial customers first. Apex wouldn’t share its customers’ names, but said it is experiencing “significant interest” from commercial satellite operators. Cinnamon said he expects the first deals to be with companies working in satellite imaging and Earth observation, or communications. In the meantime he added Apex is “very eager to support the U.S. government, whether it be NASA, the Space Force or other missions.”
Apex’s plans couldn’t have come at a better time considering NASA is increasingly interested in having startups and private industry foot most of the bill to get its missions to orbit. The government agency is looking to pay companies that can deliver smallsat data products, and is offering a combined $476 million in contracts over the next five years to companies that meet its demands. “Those types of contracts we would love to work on,” Cinnamon said.
Given the myriad contractors already building satellite buses, however, Apex will have to make good on its competitive advantage—manufacturing speed—to succeed. Though Cinnamon wouldn’t provide specifics on timing and costs, he said that lead time on satellite buses usually is “measured in years, and we’ll measure in months.”
Alexander Harstrick, managing partner at J2 ventures, which invested in Apex’s seed round, said he believes in Apex’s proposal.
“The easiest entrant for disruption in manufacturing is to be very precise about a very specific problem,” said Harstrick. In Apex’s case, that’s how to make satellite buses faster and more sustainably than its competitors.
The issue of sustainability is a particularly important one to consider if Apex plans to mass produce satellite buses. Lately, the trend in aerospace is to avoid sending up hefty satellites with long lifespans and instead focus on constellations of smaller satellites, sometimes in the thousands (see Elon Musk's ambitions for Starlink).
But the more satellites launch into orbit, the more potential there is for its debris to cause harm. NASA is leading the initiative to reduce space waste; it and the FCC are advising private firms to build their satellites so they can de-orbit within five years. John “Danny” Olivas, a retired NASA mission specialist and co-director of USC’s Visual Intelligence and Multimedia Analytics Laboratory, called space junk “a real and present danger,” but added, “I think generally the space community is actually pretty responsible” in handling its debris.
Cinnamon said Apex is aware of this issue and has every intention to mitigate its impact on space junk. He added that, “we view the sustainability of space and mitigation of orbital debris not only core to our mission, but core to humanity’s long term survival.”
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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.
https://twitter.com/samsonamore
samsonamore@dot.la
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