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Relativity Raises $650 Million for Large Reusable Rocket

L.A. Business Journal

Long Beach-based Relativity Space Inc. has raised $650 million in Series E funding to support development of the large, 3D-printed Terran R rocket.

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Sunstone Backs Lucira Health In $15M Funding

socalTECH

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.

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Startups Win $25,000 In CSULB Challenge

socalTECH

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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SpinLaunch, Backed By Google And Kleiner Perkins, Gets DOD Contract

socalTECH

Long Beach-based SpinLaunch , a space launch services provider which recently relocated from Silicon Valley to Long Beach, reported on Wednesday that it has been awarded a launch prototype contract from the Department of Defense (DOD). Size of that new contract was not announced. READ MORE>>.

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

socalTECH

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 The company is led by CEO Time Ellis.

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Cargomatic Collects $35M

socalTECH

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. READ MORE>>.

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ChargerHelp raises $2.75M to keep EV chargers working

TechCrunch LA

million from investors Trucks VC, Kapor Capital, JFF, Energy Impact Partners and The Fund. The funds will be used to build out its platform, hire beyond its 27-person workforce and expand its service area. It was here that she met Ellis, a career coach at LACI who also worked at the Long Beach Job Corp Center.

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