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Westlake Village BioPartners, Led By Amgen Vets, Launches $320M Fund

socalTECH

Westlake Village BioPartners , a brand new venture capital fund focused on the life sciences, said on Wednesday that it has launched a new, $320 investment fund aimed at early stage companies. According to the new venture fund, it was founded by Beth Seidenberg, M.D.,

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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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ACELYRIN Snags Funding For Biotech Effort

socalTECH

The funding came from Westlake Village BioPartners. ACELYRIN said it is focused on providing patients life-changing new treatment options by identifying, acquiring, and accelerating development and commercialization of promising drug candidates. Size of the funding round was not announced. READ MORE>>.

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Dantari Gets $47M For Tumor Medicine Effort

socalTECH

Thousand Oaks-based Dantari has raised $47M in its Series A funding, saying that it has launched a new, clinical-stage biotechnology company developing targeted therapeutics for the treatment of cancers and other diseases. Dantari has appointed Richard A.

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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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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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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.