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SpinLaunch Finds $35M For Orbital Launch Systems, Expansion In Long Beach

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Long Beach-based SpinLaumch , a space startup working on oribal launch systems which use a kinetic launch system to deliver payloads into space from the ground using a mass acceleration system, has raised $35M more, the company said on Thursday afternoon. The new funding brings the startup's total funding to $80M.

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Sunstone Backs Lucira Health In $15M Funding

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Long Beach-based investor Sunstone Management is one of the investors in Emeryville, California-based Lucira Health , as part of a Series B funding rounding, the company said on Monday morning. Lucira Health is developing diagnostic tools which use DNA and RNA to identify infection diseases. READ MORE>>.

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Sunstone Joins In $100M Funding For Supersonic Plane

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Long Beach-based investor Sunstone Venture Capital Fund says it has participated in the funding for supersonic airplane maker Boom Supersonic. Sunstone did not say how much it invested in the round, which was announced last week by Denver-based Boom Supersonic. new-immigrant families.

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Startups Win $25,000 In CSULB Challenge

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Two startups won a total of $25,000 in prizes last week at the Sunstone Innovations Challenge at CSULB, a startup pitch competition involving student teams from CSU Long Beach. The runner up was UNWIND, which is developing personalized meditation programs, which received $10,000 in seed funding.

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Cargomatic Collects $35M

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Long Beach-based Cargomatic , which develops technology to connect shippers and carriers, said this week that it has raised $35M in a Series B funding round. The funding was led by Warburg Pincus, and also included Canaan, Genesee & Wyoming, Xplorer Capital and Muse Family Enterprises.

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Funraise Finds $9.7M For Nonprofit Fundraising

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Long Beach-based Funraise , which develops nonprofit fundraising software, has raised $9.7M in an investment in its Series A funding, the company said this week. According to Funraise, the funding was led by Toba Capital, and also included angel Blaine Vess, the founder of Student Brands. READ MORE>>.

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Relativity Space Raises $650M More For 3D Printed Rockets

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Long Beach-based 3D, printed rocket developer Relativity Space said on Tuesday that it has raised another round of funding--worth $650M--to go towards production of its first rocket. The Series E funding brings the company's total raised to more than $1.9