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Superconductor Technologies Chops Staff

socalTECH

Superconductor Technologies , the developer of superconducting wire and wireless component which has operations in Santa Barbara, has cut nearly a third of the company''s jobs in February, and reduced its staff to 30. The company is down significantly from the 79 employees in had in 2010, just before its departure to Texas.

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Amonix Cuts Staff

socalTECH

Heavily backed, concentrating solar photovoltaic technology developer Amonix , which is based in Seal Beach, is set to lay off 76 workers across its offices in California, according to regulatory filings with the state. round in 2010. Amonix is heavily backed by Kleiner Perkins, Westly Group, and Angeleno Group, raising a huge, $129.4M

Layoffs 133
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Manufacturing startup Divergent 3D reduces staff by one-third

TechCrunch LA

1 priority was to ensure long-term financial stability and secure the core team, technology development and customer programs no matter what the scenario, Czinger said, adding that there is still enormous uncertainty surrounding the real impact and duration of the COVID-19 pandemic. The company’s No. Image Credits: Czinger Vehicles.

Startup 251
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Aptera Delays Vehicle

socalTECH

The firm said it will complete its first vehicle in 2010, not by the end of the year. In the statement, Aptera said it will begin volume production when it receives private funding or if it can secure financing through the Department of Energy's Advanced Technology Vehicle loan program. Aptera is venture backed by Google and Idealab.

Layoffs 145
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Our Survey: SoCal Tech Execs Optimistic, Looking To Hire

socalTECH

Local technology executives seem to be optimistic going into the new year, believing the worst of the economic decline has passed, and are also looking at hiring this year, according to the latest socalTECH.com Industry Survey. Tags: survey technology executives socaltech economy jobs hiring.

SoCal 157
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Angel Investing: Skill 3 – Relationships with VCs

Both Sides of the Table

I know that in late 2010 it’s not as popular to say this because we’re in the era of “super angels&# and feel-good startups. Let’s call these cards 1996-99, 2005-08 and 2010+. If 2011 & 2012 look like 2010 then the current crop of angel investments will look great.

Invest 284
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Angel Investing: Skill 3 – Relationships with VCs

Both Sides of the Table

I know that in late 2010 it’s not as popular to say this because we’re in the era of “super angels&# and feel good startups. If 2011 & 2012 look like 2010 then the current crop of angel investors will look great. But VC is also a very important part of the technology ecosystem – like it or not.

Invest 152