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ventureLab Takes On Startup Incubation

socalTECH

Los Angeles-based ventureLab Growth Partners said Tuesday afternoon that it has launched a new "startup studio" to invest in and build early stage startups. According to ventureLab, it will provide seed funding, along with product, marketing, and opertional support to its companies. READ MORE>>.

Incubator 229
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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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Incubating LA's Biotech Future, With Richard Koffler, Greenwings Biomedical

socalTECH

A couple of weeks ago, a brand new, startup incubator launched in town--with a slightly different focus, on biomedical technology. The incubator-- Greenwings Biomedical (www.greenwingsbiomedical.com), is led by Richard Koffler , a serial entrepreneur and angel investor in Los Angeles. What is Greenwings Biomedical? It was a failure.

Incubator 217
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TYLT Labs' New Seed Fund And The Promise Of Silicon Beach

socalTECH

Among those funds is TYLT Lab (www.tyltlab.com), which recently announced a new, $20M early stage investment fund specifically focused on companies here. Tell us a little bit about your investments and firm? We decided to formalize our investing in October, and call it TYLT Labs, so here we are.

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Atlazo Finds $3.4M For Healthcare IoT Technology

socalTECH

in a seed funding round. The funding round was led by the Tech Coast Angels, and the TCA's San Diego chapter. According to the TCA, its angel network members invested $2.5M in the round. The TCA said the deal is one of the largest, initial raises from the TCA in its history. READ MORE>>.

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Launch Factory Finds $2.5M For Venture Studio

socalTECH

According to the startup studio it plans to use the funding to launch four new startups in San Diego, investing $300K in seed capital in each of those companies. The new startup studio was co-founded by Brad Chisum, James Hereford, and Kimberly Davis King.

San Diego 145
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5 Preconditions for Success in Spawning a New Venture

Startup Professionals Musings

After many years in business, working in large companies as well as startups, I’m no longer surprised at why mature and successful companies struggle with introducing innovative new ventures as the market and environment changes. Commit a source of internal or external seed funding. Entrepreneurs crave more ownership.

Incubator 143