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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

Financial firms are facing competition from legacy players and disruptive fintech startups as technology continues to reshape the heavily regulated industry. 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.

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CARLSMED Merges With Precisive Surgical

socalTECH

San Diego-based medical technology startup CARLSMED has merged with Seattle-based Precisive Surgical , the two said this week, to combine their efforts to develop a personalized surgical workflow platform for spine deformity intervention. Financial terms of the acquisition were not announced. READ MORE>>.

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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.

Incubator 208
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Shopzilla Buys Connexity

socalTECH

Los Angeles-based Shopzilla , the online comparison shopping site owned by Symphony Technology Group (STG), announced today that it has acquired Ventura-based Connexity , the programmatic media buying company led by Dave Gross. connexity shopzilla merger acquisition online advertising fastclick' READ MORE>>.

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Science Names Social Marketing VP

socalTECH

Los Angeles-based technology incubator and studio Science said today that it has hired on Matt Monahan as its new Vice President of Social Media Marketing. Science said that Monahan will head up social customer acquisition for its portfolio firms. science executive incubator accelerator social alphaboost' READ MORE>>.

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Science Snags Jason Rapp

socalTECH

Santa Monica-based technology incubator and studio Science has added technology veteran Jason Rapp to its team. He also served at IAC Corporation, where he was CEO of Gifts.com and headed up mergers and acquisitions. mahalo executive incubator accelerator science scienceinc' READ MORE>>.

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