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InVia Robotics Scores $30M More In Series C

socalTECH

Westlake Village-based warehouse robot developer inVia Robotics, which is led by Lior Elazary, says that it has raised $30M in a Series C funding round. The funding came from Microsoft's venture capital fund, M12, as well as Qualcomm Ventures, Hitachi Ventures, the corporate venture arm of Hitachi, Ltd.,

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Energy Vault In $100M Investment Deal With Chinese Investors

socalTECH

Westlake Village-based gravity energy storage technology developer Energy Vault announced this morning that it is in a $100M transaction with two companies, Atlas Renewable and China Tianying, which involves a $50M investment subscription and an expansion of a PIPE agreement from $150M to $200M.

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Capsida Uncloaks With $140M In Funding

socalTECH

Thousand Oaks-based Capsida Biotherapeutics, a new biotechnology company focused on using adeno-associated virus (AAV) engineering and cargo development platform to develop tissue-targeted gene therapies for multiple types of diseases, has uncloaked from stealth mode, saying it has raised $140M in total capital.

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Westlake Bio Unveils $320M Fund to Put Los Angeles on the Biotech Map

Xconomy

But a new venture capital firm led by industry veterans is trying to cast the City of Angels in a new light. Westlake Village BioPartners is launching today with $350 million in committed capital. Harper will start with Westlake in January after retiring from Amgen.

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WaveConnex Gets $2.0M

socalTECH

Westlake Village-based WaveConnex , an early stage startup developing wireless technology based on millimeter-wave, 60Ghz signals, has raised $2.0M The company, which is based on technology developed by UCLA professor Frank Chang, includes the notable involvement of billionaire and Abraxis founder Patrick Soon-Shiong.

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Interview with Alex Schneider, Ventura Ventures Technology Center

socalTECH

On Thursday, the City of Ventura is formally launching a new incubator, the Ventura Ventures Technology Center (www.v2tc.com), targeted at high tech businesses. The incubator so far includes startups Lottay , Geodelic , and a number of other Internet and other technology firms. The purpose was to deliver high value jobs.

Ventura 200
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Inphi Hires Operations VP

socalTECH

Westlake Village-based Inphi , a developer of high speed, analog semiconductors, announced today that it has hired on a new VP of Operations, Atul Shingal. Inphi develops high speed analog semiconductors used in the server, storage, and networking markets. READ MORE>>.