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Slingshot Aerospace Raises $3.25M

socalTECH

Los Angeles- and Austin, Texas-based Slingshot Aerospace has raised $3.25M in its Series Seed round, according to lead investor ATX Seed Ventures. The round also included investments from Okapi Venture Capital and Sway Ventures, along with Stage and NoName Ventures. READ MORE>>.

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NanoH2O Plans Manufacturing Plant In China

socalTECH

El Segundo-based NanoH2O , the venture-backed developer of reverse osmosis membranes for seawater desalination, said Sunday that it plans to build a manufacturing facility in Liyang, China. According to NanoH2O, the new facility will be its second manufacturing facility, and is in addition to its existing plant in Los Angeles.

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Venture Capital Totals $603.2M In Southern California In Q3

socalTECH

Venture capital investments in Southern California for Q3 of 2011 are up from last year, but down from last quarter, according to the latest numbers from PricewaterhouseCoopers and the National Venture Capital Association based on data provided by Thomson Reuters. was invested in the region. was invested in the region.

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JustFabulous Lands $33M

socalTECH

El Segundo-based Just Fabulous , a new startup spun out of Intelligent Beauty, the e-commerce firm headed by Don Ressler and Adam Goldenberg, said this morning that it has raised $33M in a Series A funding round, for its "fashion styling" and fashion site. Simmons also has been appointed President and Creative Director of the site.

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Interview Behzad Kianmahd, TAU Ventures

socalTECH

Behzad Kianmahd is the co-founder of Los Angeles coworking space Cross Campus , which is one of the major centers of startup activity in Silicon Beachand also involved as co-founder and lead investor in a brand new, venture capital fund, TAU Ventures (www.ideasimmersion.com/tau-ventures/). What is TAU Ventures?

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Announcing The Socaltech 50: Southern California's Up-and-Comers

socalTECH

We''re proud to announce the Socaltech 50 , our list of the 50, up-and-coming people in Southern California''s technology ecosystem. Chance Barnett , Crowdfunder (Los Angeles, crowdfunding). Allison Beal , StyleSaint (Los Angeles, fashion). Josh Brooks , OnTheRunTech.com dba Post Cards On The Run (Los Angeles, mobile apps).

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JumpStartFund Launches First Ever Crowd-Powered Portal For Startups

Tech Zulu Event

El Segundo, CA based JumpStarter Inc., a crowd-powered platform that gives accredited investors access to exclusive deal flow and technology transfer opportunities has launched in beta its crowd-powered portal for startups, JumpStartFund.