L.A. Business Journal
AUGUST 24, 2020
Torrance-based electric vehicle developer Canoo Inc. has announced plans to go public through a reverse merger in a deal designed to provide $600 million in total capital.
socalTECH
MARCH 25, 2021
Torrance-based BQE said on Wednesday that it has received a "significant investment" from private equity investor Serent Capital. Serent Capital is a private equity investor that invests in technology and tech-enabled software companies. Financial details of the investment were not announced.
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socalTECH
FEBRUARY 20, 2020
The newly merged company will operate under the name Forte Biosciences, and trade on the Nasdaq Capital Market as FBRX. The merged company will focus on Forte's late-stage clinical program for treating atopic dermatitis. READ MORE>>.
socalTECH
JULY 17, 2018
Torrance-based Pelican Products said on Monday that it has named Jennifer Lim as its Director of Marketing for its Consumer Division. Pelican, best known for its protective cases, develops a range of products for the huntin and fishing, adventure, personal electronics, photography, and other markets. READ MORE>>.
socalTECH
FEBRUARY 13, 2018
Torrance-based Phyn , the developer of the remarkably advanced water monitoring technology spun out of Belkin, said today that it has raised another $10M in funding, from current investor Uponor. According to Phyn, the new investment will go towards market penetration and to scale the company's operations.
socalTECH
APRIL 16, 2012
Torrance-based Active Storage , the developer of RAID storage systems aimed at the Apple and creative industry, said this morning that it has named Venkat Ramakrishnan as its new Vice President of Engineering. Active Storage is backed by Intel Capital, Mission Ventures, and Valhalla Partners. READ MORE>>.
socalTECH
FEBRUARY 4, 2014
Torrance-based Pelican Products , which is best known for its protective cases and flashlights and other lighting systems, said late Monday that it has acquired UK-based Cool Logistics , a developer of temperature controlled packaging products. Pelican Products is owned by private equity firm Behrman Capital. READ MORE>>.
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