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Westlake Village BioPartners, Led By Amgen Vets, Launches $320M Fund

socalTECH

Westlake Village BioPartners , a brand new venture capital fund focused on the life sciences, said on Wednesday that it has launched a new, $320 investment fund aimed at early stage companies. general partner at Kleiner Perkins and former chief medical officer and head of global development at Amgen, and Sean Harper, M.D.,

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Energy Vault In $100M Investment Deal With Chinese Investors

socalTECH

Westlake Village-based gravity energy storage technology developer Energy Vault announced this morning that it is in a $100M transaction with two companies, Atlas Renewable and China Tianying, which involves a $50M investment subscription and an expansion of a PIPE agreement from $150M to $200M.

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Pray.com Finds $14M For Social Networking For Religious Communities

socalTECH

Westlake Village-based Pray.com , which develops social networking applications for religious communities, has raised $14M in a Series A funding, the company said this week. The funding was led by TPG Growth, and also included Science Inc. and Greylock Partners.

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Energy Vault To List On NYSE Via SPAC

socalTECH

Westlake Village-based gravity-based energy storage technology developer EnergyVault says it will list on the NYSE, via a merger with a special purpose acqisition company (SPAC), Novus Capital Corporation II. The two said the combined firm will have an implied pro-forma enterprise value of $1.1 and others.

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Dantari Gets $47M For Tumor Medicine Effort

socalTECH

Thousand Oaks-based Dantari has raised $47M in its Series A funding, saying that it has launched a new, clinical-stage biotechnology company developing targeted therapeutics for the treatment of cancers and other diseases. a co-founding managing director at Westlake. Dantari has appointed Richard A. Markus, M.D.,

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Sienna Biopharmaceuticals Gets $40M In Series B

socalTECH

Westlake Village-based Sienna Biopharmaceuticals , which is developing medical dermatology and aesthetics treatments, has raised $40M in a Series B funding. David Pyott, plus new investors Fidelity Management & Research Company, certain investment funds advised by Clough Capital Partners L.P.,

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Westlake Bio Unveils $320M Fund to Put Los Angeles on the Biotech Map

Xconomy

Los Angeles has long been in San Francisco’s shadow when it comes to life sciences investment. But a new venture capital firm led by industry veterans is trying to cast the City of Angels in a new light. Westlake Village BioPartners is launching today with $350 million in committed capital.