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Heliogen Goes Public Via SPAC Acquisition

socalTECH

Pasadena-based concentrated solar energy technology developer Heliogen, a spinout of the Idealab startup incubator, has gone public via a Special Purpose Acquisition Company (SPAC) deal, the company said on Wednesday. According to Heliogen and Athena Technology Acquisition Corp.,

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EvoNexus Gets Bank, Investment Firm Backing for Fintech Incubator

Xconomy

Two financial firms are betting on a nonprofit incubator program in San Diego in hopes of identifying top talent and potential targets for investment or acquisition. The incubator, EvoNexus , said this week that Royal Bank of Canada, Canada’s largest bank, and Franklin Templeton (NYSE: BEN ), a U.S.

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How Frost Venture Partners Is Incubating The Big Data Future

socalTECH

he's been spinning out of his incubator. What's the idea behind the incubator? Now, we're turning into a formal incubator. However, we're very different than most incubators, in that we only do big data. Second, we only incubate companies we ourselves start. Predixion is a great example of that.

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Centerfield Buys Business.com and Savings.com

socalTECH

Los Angeles-based Centerfield, a marketing and customer acquisition company backed by private equity investor Platinum Equity, says it has acquired both Business.com and Savings.com. Financial details of the acquisition were not announced. The acquisition of Business.com is just the latest saga in the business and domain name; the.

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CARLSMED Merges With Precisive Surgical

socalTECH

Financial terms of the acquisition were not announced. CARLSMED is part of the EvoNexus technology incubator; Precisive Surgical is a spinout from IntuitiveX, a life sciences technology incubator.

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Portfolium Acquired By Instructure

socalTECH

Financial details of the acquisition were not announced. The company had raised around $9M in total funding, and had been part of the EvoNexus startup incubator. Portfolium was founded in 2014, and was led by founder and CEO Adam Markowitz. READ MORE>>.

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Shopzilla Buys Connexity

socalTECH

According to Shopzilla, it will use the acquisition of Connexity to help bolster Aisle A, its "Audience Activation" division. The acquisition looks to be the first from the set of clients at Ventura Ventures Technology Center (V2TC), the startup incubator facility in Ventura. READ MORE>>.

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