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XPRIZE Names Two Winners In Carbon XPRIZE Competition, Including LA Startup

socalTECH

Los Angeles-based XPRIZE says it has named two winners in its $20M, NRG COSIA Carbon XPRIZE competition. The competition challenged teams to convert CO2 emissions into valuable products. CarbonBuilt's technology was originally developed at the UCLA Samueli School of Engineering.

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Car Sharing Firm Zipcar Heading To Los Angeles

socalTECH

It looks like Los Angeles is set to get access to peer-to-peer car sharing service Zipcar , as it plans to open an office in Hollywood tomorrow. City Council President Eric Garcetti, to mark its entry into Los Angeles, the 16th market covered by the company. Zipcar has been inviting the press to an event tomorrow with L.A.

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Local Clean Energy Business Plan Contest Awards $160,000

socalTECH

A local, clean energy business plan competition started by the California Insitute of Technology (Caltech), the University of Southern California (USC), and the University of California, Los Angeles (UCLA) has awarded $160,000 in prizes in its latest competition. READ MORE>>.

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Two Local Tech, Investment Executives Named In College Fraud Investigation

socalTECH

Two people associated with Southern California's high tech investment and startup industry have been named as part of the far reaching investigation into a college admissions scandal , which named Hollywood actresses, CEOs, coaches at USC, UCLA, and UCSD, as well as many others. According to a complaint filed by the U.S. READ MORE>>.

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Interview with Mike Napoli, Tech Coast Angels

socalTECH

In your opinion, are your angels more or less active this year? Investors are very focused on diligence, on business models that make sense, and those companies that have a definite competitive advantage and defensibility to what they're doing. For example, our LA network is having the Fast Pitch on the 24th at UCLA.

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Boulevard books $70M to help beauty and wellness salons with their bookings

TechCrunch LA

This round is being led by Point72 Private Investments, with previous backers Toba Capital, Index Ventures, Bonfire Ventures, BoxGroup, and VMG Partners also participating. But at the same time, Los Angeles–based Boulevard got this funding infusion at a boosted valuation because it has been on a roll. Focusing on the U.S.

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United Online's Helfand Departs, Joins Auditude

socalTECH

In addition to its Palo Alto headquarters, Auditude has Los Angeles and New York offices. The firm was actually spawned out of a UCLA MBA business plan competition.