Tag Archives: VentureCapital

Episode 69: Raising VC for “Deep Tech” Startups in Southern California



Embark Ventures is a pre-seed and seed stage fund focused on “deep
tech” – companies with proprietary and highly defensible technology
that is a strong competitive barrier. Particularly interested in
cyber-security, robotics, advanced manufacturing, materials, and
bio/med tech but open to other opportunities that have a highly
technical/proprietary core. We invest early (generally first
institutional round) with check sizes between $250k and $1M typically.
Most of our companies are pre-product, and our goal is to get them to
first customer/revenue on our round of financing. Will discuss the
Southern California eco-system for “deep tech” startups and bridging
the gap between R&D and engineering

BIO:

Peter Lee is the Founding Managing Partner at Embark Ventures, a seed
stage venture capital fund based in Los Angeles focused on “deep tech”
companies in industries such as robotics, advanced manufacturing, and
cybersecurity. Prior to entering venture capital, he was the VP of
Product at a venture backed startup in the digital media space. Peter
was a manager with McKinsey and also worked as a product manager at
Microsoft. Peter earned his BS and MS at MIT, and an MBA from Harvard
Business School.

https://twitter.com/ptlee


Episode 58: 3D printing a Colony on Mars



As humanity moves closer to our vision to settle the moon, and then Mars, the ability to generate critical infrastructure “on site” in space becomes increasingly important for cost control, timelines and safety. 3D printing with indigenous Mars materials in an autonomous robotic way, before humans set foot on Mars may be the key. My team has been participating in the NASA Centennial Challenge to 3D print a Mars Habitat for the past 3 years to develop this concept and technology.

In this presentation I will first illustrate how our adventures started from the garage, while being unfunded and understaffed. We borrowed key hardware components, including a pasta machine that substituted for a clay printer extruder and a 10 foot robotic arm, from industry and academic partners. We even generated our own Mars regolith simulant based on volcanic basalt rocks we handpicked in Northern Israel.

Despite many challenges, ranging from limited access to materials, short deadlines, and zero dollars in funding, we were able to print the first physical deliverable, which significantly outperformed the NASA required minimum in initial mechanical testing. In delivering the second physical deliverable, we struggled with optimizing the curing time and heat exposure to the printing nozzle. However, we overcame operational challenges, recruited new team members from around the world, and increased the printing accuracy.

The BubbleBase team was recently “adopted” by Caltech, in a strategic move to enhance our US presence and increase manpower working on the project, especially in the field of robotics and autonomy. The talk will elaborate on additional challenges currently facing the team, including: merging teams from different disciplines and cultures, technology challenges in material science, robotics and civil engineering, funding requirements, and operational challenges. It will conclude with the team’s plans for the future (on Earth, and on Mars) and how you can follow our work and get involved in the project.

Bio:

Helen Wexler is an award winning “ArchiTech,” positioned at the intersection of architecture and technology. She is the founder of Caltech-BubbleBase, an aerospace project developing technology to 3D print and robotically assemble housing on Mars for the NASA Centennial Challenge. She has served as architect in leading New York and Austria based firms before becoming a technology analyst in the VC industry.

Helen was previously Director of the The Jnext Hi-Tech & Entrepreneurship Program at the Jerusalem Development Authority, where she oversaw the emerging tech ecosystem of Israel’s capital city, while innovating economic development policy. Ms. Wexler holds a degree in Architecture from the Bezalel Academy of Art and Design where she is Lecturer on “Technology Paradigms in Architecture.” She is a graduate of the MEET MIT Computer Science Program and Israel Academy of Arts and Sciences (outstanding honors). Helen was named to Forbes Israel 30 under 30 list and has recently completed the International Space Studies Program as an Ilan Ramon Scholarship Fellow.


Episode 51: Stars Aligning: How Southern California Could Be the Next Great Tech Ecosystem



As a twenty year veteran of the SoCal tech/start-up ecosystem, Andy brings a thoughtful perspective about SoCal’s journey to becoming a vibrant tech hub. In his new role as the first executive director of the Alliance for SoCal Innovation ( http://www.alliancesocal.org/ ) Andy is chartered with helping accelerate SoCal’s ascendancy to becoming the world’s next great tech ecosystem. He will share a comprehensive assessment and key insights based on a newly published report by Boston Consulting Group commissioned by the Alliance for Southern California Innovation (full written report at https://www.bcg.com/publications/2018/stars-aligning-southern-california-next-great-tech-ecoysystem.aspx ). Learn about how SoCal stacks-up, where we are doing well, where we need help and the role for organizations like the Alliance and Innovate Pasadena to “bend the curve” on this vital effort to create start-ups, quality jobs and address key challenges facing society.

Bio:

Andy Wilson

Executive Director

Alliance for SoCal Innovation

Andy is a leader in the Southern Californian innovation ecosystem and has started, led or invested in more than two dozen tech start-ups. In addition to leading the Alliance (www.alliancesocal.org (http://www.alliancesocal.org/)) as Executive Director, he serves on the City Council for the City of Pasadena and he is a founder of Innovate Pasadena (www.innovatepasadena.org(http://www.innovatepasadena.org/)), which is dedicated to advancing the Eastside of Los Angeles as a vibrant innovation center for deep tech.

Previously, as founder of Momentum Ventures, an early stage tech accelerator and venture fund, he personally led more than a half dozen SoCal tech start-ups and invested in almost a dozen others. He previously held senior executive roles (President, SVP Product, CIO, COO) at Overture Services/Yahoo!, RiverOne, Bowne & Co and RR Donnelley & Sons. He has extensive board experience in not-for-profit and community organizations such as Pacific Oaks College, Pasadena Heritage and STEAMCODERS. He is on the board or an advisor to a number of tech firms including Virtualitics, Expanse3D, Vincente Capital and Bryce Capital. He is a regular speaker at entrepreneurs’ events and business schools and was named one of the 50 Most Innovative Men in the San Gabriel Valley. Andy holds an engineering degree with honors from Dartmouth College and received his MBA with a concentration in operations and technology management from Harvard Business School.


Episode 11: The Five Smartest and Dumbest Things I did as a Founder



The Managing Director of Techstars LA shares the story of her journey as an entrepreneur.  She will talk about how she transitioned from a McKinsey consultant to a tech founder, how she raised money, grew her company and sold it, and the mistakes she made along the way.  She’ll also provide an overview of the new Techstars LA accelerator program and how she’s applying what she learned as a founder to helping other entrepreneurs.

Bio:

Anna Barber is the Managing Director of Techstars LA, an accelerator program that is part of the global Techstars network.  After graduating from Yale and Yale Law School, she started her career as a corporate lawyer focused on public company transactional work and spent two years at McKinsey as a strategy consultant to retail, media and financial services companies. She served as VP Product at Petstore.com and two other early stage e-commerce companies, before transitioning to Los Angeles where she started a talent management firm and produced two feature films.  In 2006 Anna sat next to a woman on an airplane who became her business partner in her next startup, Scribble Press. Anna was most recently GM and VP Partnerships at Fingerprint Digital, after exiting Scribble Press to Fingerprint. During the past decade she has served as an advisor, strategy consultant and coach to many other entrepreneurs, with a focus on product roadmap, commercialization, business development and financing.

She loves the concept-to-launch phase, go to market strategy, fundraising strategy and growth planning.  In her coaching work she focuses on building high performance teams and helping founders grow with their companies.  She believes in the power of storytelling and creating harmony between personal and company goals.  Find her @annawbarber.

email anna.barber@techstars.com