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Tech Coast Angels Los Angeles Launches New Members Only Fund

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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>>.

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SpaceX, LACMA Art Project Heads Into Space

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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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SpaceX Raises $1 Billion From Google, Fidelity

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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>>.

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Hyperloop Transportation Technologies Inks Deal In Slovak Republic

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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.

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SpaceX Dragon Returns Successfully From ISS

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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>>.

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Southern California Sees $1.9 Billion In Q1 Deals, Biggest Since Dot Com Boom

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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>>.

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Who's In Southern California's Unicorn Club?

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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).