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Westlake Village BioPartners Raises $500M In Two Funds

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Los Angeles-based life sciences investor Westlake Village BioPartners announced today that it has raised two new venture capital funds, worth a total of $500M, for its investments in biotech companies. The venture investor says it has now raised more than $820M in total for its investments. READ MORE>>.

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Launch Factory Finds $2.5M For Venture Studio

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San Diego-based Launch Factory a new "venture studio" which is looking to recruit entrepeneurs to help it launch vetted business concepts, recently raised $2.5M in funding, according to the group. The funding came from a number of angels, including Broadway Angels, San Diego Venture Partners, and TI Platform Management.

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Favor Plans Expansion Into San Diego, Gets $13M

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Favor , a on-demand, mobile delivery app developer, said today that it will be expanding into San Diego in the coming months, thanks to a new, $13M funding round. San Diego will be the company''s first foray into California. Favor was part of the SLO HotHouse incubator/accelerator. READ MORE>>.

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GroGuru Gets $250K In Seed Funding

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GroGuru , a startup developing irrigation automation technology for the agriculture industry, has raise $250,000 in a seed funding from Western Growers and Radicle Growth. GroGuru is part of San Diego- and Irvine's EvoNexus startup incubator, and develops a precision soil and irrigation monitoring system. READ MORE>>.

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Orange County Gets New Incubators

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The moves are sure to be welcome news to Orange County entrepeneurs, who have not had as many options as companies in the Los Angeles and San Diego areas, in terms of incubation/acceleration programs.

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Inland Empire Startup J2 Innovations Joins Wells Fargo Incubator

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Chino, California-based J2 Innovations , a startup developing building automation and operating systems for connecting and controlling devices, is one of ten early stage companies that are joining a clean tech startup incubator run by Wells Fargo. READ MORE>>.

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Portfolium Raises $900,000 In Seed Funding

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San Diego-based Portfolium , a startup developing an online platform to share a students'' academic portfolio, has raised $900,000 in a seed funding, according to startup incubator EvoNexus. The funding came from the Tech Coast Angels, Taner Halicioglu of Keshif Ventures, and others. READ MORE>>.