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Wavemaker Three-Sixty Health Launches New Fund

socalTECH

Pasadena-based Wavemaker Three-Sixty Health , a healthcare innovation fund led by Jay Goss and Dr. John Nackel, says it has launched a new venture capital fund, Wavemaker Three-Sixty Health Fund II. According to Wavemaker 360, the fund focuses on healthcare start-ups seeking seed-stage investment, and importantly avoids biotech.

Funding 133
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The next big restaurant chain may not own any kitchens

TechCrunch LA

Investors are pouring millions into the creation of a network of shared kitchens, storage facilities, and pickup counters that established chains and new food entrepreneurs can access to cut down on overhead and quickly spin up new concepts in fast food and casual dining. Other deep pocketed companies have also stepped into the fray.

Startup 279
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Energy Vault Finds $110M For Renewable Energy Storage Efforts

socalTECH

Energy Vault , a startup of Pasadena-based Idealab developing radically different energy storage technology--based on the movement of large, concrete blocks via robotic arms--has raised $110M in a Series B funding, the company announced this morning. READ MORE>>.

Idealab 124
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LA Startup Report 2013 | A Rising Forecast

Tech Zulu Event

Be Great Partners , a Los Angeles technology incubator, has recently released a report on the startup community in LA and the information shows a positive growth for startups here in LA. Los Angeles is 3 rd in the global startup ecosystem, behind Tel Aviv and Silicon Valley. Los Angeles has a diverse area of startups.

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Interview with John Delacruz, Foodme

socalTECH

Pasadena-based Foodme (www.foodme.com) is one of the first, external startups funded out of Idealab's New Venture Group, and is looking to help connect restaurants with customers using a CPA model. The firm so far has signed up a number of restaurants in the Pasadena area. What is Foodme all about? How do users do that?

Idealab 217
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Interview with Buck Jordan, Miso Robotics

socalTECH

How did you go from running a venture fund to starting Miso? I had been seed investing and incubating businesses, and was sitting with a friend of mine, John Miller, who ran Caliburger, which is a 35 location burger chain, which is exporting the California lifestyle, much like In-N-Out does. The demand is there.

Startup 113
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Southern California Linked IPOs Grow

socalTECH

The number of Southern California related initial public offerings is growing steadily upwards, as Gevo --originally started in Pasadena, and based on technology out of Caltech and UCLA--hit the market this morning. Gevo is just the latest in a surge of companies hitting the public markets which have Southern California links.