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Entos Finds $53M For Drug Design Platform

socalTECH

San Diego-based Entos, a developer of artificial intelligence and automated synthetic development technology for designing small-molecule therapeutics, has raised $53M in a Series A funding. The funding was led by Coatue, and also included Catalio Capital Management, OrbiMed, Sequoia CApital, Nexus Ventures, and Freeflow.

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Beauty By Design Raises $2.2M

socalTECH

Los Angeles-based Beauty By Design , a startup offering up "hyper-personalized" beauty products based on a customer's skin, has raised $2.2M David Weissman is CEO and Co-founder of Beauty By Design. in a seed funding round. READ MORE>>.

Design 160
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SiLC Technologies Sees $17M

socalTECH

Monrovia, California-based SiLC Technologies, a developer of machine vision tools, says it has raised $17M in a Series A funding round. The funding was led by Alter Venture Partners and Dell Technologies Capital and also included Fluxunit -- OSRAM Ventures, Sony Innovation Fund by IGV, Epson, UMC Capital, Yamato Holdings and Global Brain.

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Diversis Capital Raises $675M Fund

socalTECH

Los Angeles-based private equity investor Diversis Capital Management said this morning that it has raised a new, $675M fund. The company said its new fund, Diversis Capital Partners II, exceeded its target of $500M. The company said it reached the $675M in commitments just three months after its formal launch.

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Maury Microwave, Backed By Artemis Capital, Buys dBmCorp

socalTECH

Maury Microwave is backed by private equity investor Artemis Capital Partners. Maury said the buy will help it expand its test and measurement technology portfolio. Financial details of the buy were not announced. Financial details of the buy were not announced. dBm is based in Oakland, NJ.

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Qulab Applies Artificial Intelligence To Drug Design

socalTECH

Los Angeles-based Qulab , a biopharmaceuticals startup developing artifical intelligence software aimed at small molecule drug design, said on Wednesday that it has launched its first product, Quleap. He also attended USC's Viterbi School of Engineering as a Ph.D. READ MORE>>.

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Claiming a landmark in fusion energy, TAE Technologies sees commercialization by 2030

TechCrunch LA

In a small industrial park located nearly halfway between Los Angeles and San Diego, one company is claiming to have hit a milestone in the development of a new technology for generating power from nuclear fusion. ” TAE Technologies Michl Binderbauer standing next to the company’s novel fusion reactor. .”