article thumbnail

Alta Devices, With Links to Caltech, Gains $72M

socalTECH

A new startup with links to Caltech has just raised $72M in funding. Alta Devices< is based on the research of Caltech's Harry Atwater, Professor of Applied Physics and Materials Science at Caltech, along with co-founder Eli Yablonovitch of UC Berkeley.

CalTech 164
article thumbnail

UC, Caltech Key To Bill Gates' New $1 Billion Cleantech Investment Effort

socalTECH

Both the University of California , and Caltech both appear to be key to the new clean technology investment fund, Breakthrough Energy , which is being led by former Microsoft founder Bill Gates. Gates called climate change a "serious threat" , especially in the poorest parts of the world.

CalTech 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Capsida Uncloaks With $140M In Funding

socalTECH

Thousand Oaks-based Capsida Biotherapeutics, a new biotechnology company focused on using adeno-associated virus (AAV) engineering and cargo development platform to develop tissue-targeted gene therapies for multiple types of diseases, has uncloaked from stealth mode, saying it has raised $140M in total capital.

article thumbnail

Indi Molecular Raises $11.5M

socalTECH

Culver City-based Indi Molecular , a developer of protein catalyzed capture agent (PCC) biotechnology being aimed in research tools, diagnostic agents, and PET imaging, has raised $11.5M Dr. Andreas Jurgeit from Merck Ventures and Dr. Darren Cai from Legend Capital will join the company's board with the funding. in a Series A funding.

article thumbnail

SlipChip Gets $26.5M For Microfluidics Technology

socalTECH

Pasadena-based SlipChip , a Caltech spinoff developing microfluidics technology, has raised $26.5M Details on the Series B funding have not yet been announced by the company, whic his a spinout of technology developed by researchers at the California Institute of Technology (Caltech). READ MORE>>.

CalTech 100
article thumbnail

New Group Looks To Bridge Gap Between Research, Companies

socalTECH

Taking notice of the gap between the amount and depth of research and technology at local universities, and new company formation, a new group has quietly formed in Los Angeles to tackle the issue. The group includes a number of experienced CEOs with experience raising venture capital as well as bringing companies to an IPO or exit.

Research 164
article thumbnail

Avidity Biosciences Finds $16M

socalTECH

The round included $10M in new capital, combined with conversion of $6M in convertible debt. The funding was led by Takeda Pharmaceuticals, and also included Alethea Capital, Alexandria Real Estate Equities, Brace Pharma, EcoR1 Capital, F-Prime Capital, Moore Venture Partners and Tavistock Life Sciences. READ MORE>>.

CalTech 124