About the Firm
SoCal IP Ventures is a boutique investment firm that specializes in early stage and seed startup companies. It is the venture capital affiliate of SoCal IP Law Group LLP, and primarily provides funding for purchase of legal services from SoCal IP Law Group. The venture fund and the law firm enjoy a symbiotic relationship, where the law firm secures intellectual property and advises clients on intellectual property legal and business issues, and the venture fund relieves the client from concern about how to pay for these necessary but expensive services.
Tombstones

AirCam
photo processing

The Shape Sensing Company
fiber optic shape sensing

Drut Technologies
optical interconnect fabric

Consumable
video advertising technology

AutoTechIQ
auto repair assistance for consumers

Entrada Ventures II
early stage fund

Eight Plus / Provenant
NFTs from movies

Central Coast Angel Conference 2018 Fund 1
write off
pitch contest

AutoVitals
successful exit 2019
SAAS automation for auto repair shops

BrainGate
successful exit 2019
brain-computer interface (BCI) technologies

EV Connect
successful exit 2022
electric vehicle (EV) charging solutions

FuelBox
mobile device chargers

Group 47
DOTS brand archival storage

Grown Rogue
Public trading begins 2018
cannabis grower

HomeMe
app for helping people find an apartment to rent

Impact Hub
successful exit 2016
co-working

Konduit
successful exit 2021
video advertising technology

LiveWire Innovation
spread spectrum time division reflectometry

Merge Labs
VR headsets for casual gaming

MobileCause
successful exit 2021
apps and back office SAAS for non-profits

NovaSignal
robotic headset for disease diagnosis

Ninja Metrics
write off
predictive analytics and automated social graph analysis

Steril-Aire
successful exit 2020
germicidal lamps

Thesis Couture
high tech meets high heels

Urotech
medical device to treat orthopedic tissue and benign prostatic hyperplasia.
Typical Investment Profile
- The company is seed stage or later.
- The company has an open angel round of $250k-$5M with confirmed investors.
- Deal terms and docs are fully negotiated.
- We co-invest with people we know.
- The company is pursuing technologies and markets which we understand.
- The company is or will become a client of SoCal IP Law Group.
- SoCal IP Law Group will have already proposed a budget for IP work from now through the next round – usually 6-18 months.
- Our investment will be used to fund the proposed IP work.
- Our investment will be done using the same deal docs as all other investors, plus our form agreement that articulates the three-way relationship between the company, our fund, and our law firm.
- Our investment will be shown as a credit on our law firm’s books. Our law firm will charge the client normal rates, not higher or lower.
- If the credit is not used, it will be canceled and our investment will be reduced. This has never happened.
- Our investment strategy is to stick with only the seed stage, and we rarely go into follow-on rounds.