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The Tech Coast Angels says it has launched a new, annual fund, and is continuing to invest--despite the pandemic. The angel group, the largest in the nation, said it invested over $19M in 2019, in part due to a similar fund created by its San Diego chapter, the TCA-San Diego, last year. READ MORE>>.
According to NASA, the Dragon is now returning to a port near Los Angeles in preparation for being returned to NASA in the next 48 hours, to process research samples from the ISS. Hawthorne-based SpaceX is a venture funded startup, headed by tech mogul Elon Musk. READ MORE>>.
Hawthorne, California-based SpaceX , the Los Angeles area commercial rocket and spacecraft developer led by Elon Musk, announced Tuesday afternoon that it has raised a billion dollars in a financing round. SpaceX said the deal gives Google and Fidelity just under 10 percent ownership of the company. READ MORE>>.
The biggest investments for the quarter went to Irvine-based Fisker Automotive , which raised $78.0M, followed by Hawthorn-based Space Exploration Technologies Corporation (SpaceX), the commercial rocket firm of Elon Musk, which raised $50.2M. in a funding round. in investments for the Los Angeles area.
Hyperloop Transportation Technologies (HTT) is led by Dirk Ahlborn, and was originally funded by crowdfunding site JumpStarter. HTT said the deal will make it the first company to work on plans for a Hyperloop system in Europe.
More than half of this quarter''s investment due to a single, nearly $1 billion investment in Hawthorne-based SpaceX. Other large funding deals in the quarter included $186M invested in Lynda , $76.28M invested in San Diego''s aTyr Pharma , and $50.0M in investments, and Orange County saw $172.81M in funding. READ MORE>>.
A look at the companies who are private, backed by venture capital, and are valued at more than $1 billion across Southern California -- from San Diego to Los Angeles to Santa Barbara -- is an interesting contrast in the wide range of types of technology companies across the region. SpaceX (www.spacex.com). Razer (www.razerzone.com).
in 32 deals, followed by Los Angeles with $172.3M round; San Diego-based Zogenix with a nearly $36M funding round; and Hawthorne-based Space Exploration Technology (SpaceX) , which raised $30.4M. In the region, San Diego led in Q3 deals, with $236.3M in 25 deals. Orange County had $66.8M in 8 deals.
.” This historical look at Uber and its self-driving tech unit, Uber ATG, should be considered alongside more recent news, including that it’s in negotiations with investors, including the SoftBank Vision Fund, to secure an investment as large as $1 billion for its autonomous vehicles unit. Deal of the week. Megan Rose Dickey.
Hawthorne-based SpaceX successfully launched yet another payload into space on Monday morning, carrying 64 satellites into space on the Spaceflight SSO-A: SmallSat Express mission. Among the 64 satellites on the flight is one of the more unusual payloads for SpaceX: an art project for the Los Angeles County Museum of Art (LACMA).
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