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On Funding?—?The Denominator Effect

Both Sides of the Table

On Funding?—?The The Denominator Effect I recently wrote a post about funding for investors to think about having a diversified portfolio , which I called “shots on goal.” If you funded 30–40 deals perhaps just 1 or 2 would drive the lion’s shares of returns. This is Venture Capital. Focus a lot on the denominator.

Funding 301
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Guru Releases Development Kit For Wireless Power

socalTECH

Pasadena-based Guru , a venture backed startup developing wireless power distribution technology, said this morning that it has released a development kit for its technology, which will allow potential partners to trial its millimeter-wave wireless power products. READ MORE>>.

Develop 113
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Capsida Uncloaks With $140M In Funding

socalTECH

Thousand Oaks-based Capsida Biotherapeutics, a new biotechnology company focused on using adeno-associated virus (AAV) engineering and cargo development platform to develop tissue-targeted gene therapies for multiple types of diseases, has uncloaked from stealth mode, saying it has raised $140M in total capital.

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Alta Devices, With Links to Caltech, Gains $72M

socalTECH

A new startup with links to Caltech has just raised $72M in funding. Alta Devices< is based on the research of Caltech's Harry Atwater, Professor of Applied Physics and Materials Science at Caltech, along with co-founder Eli Yablonovitch of UC Berkeley.

CalTech 164
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Gevo, With Ties To Caltech and UCLA, Files For IPO

socalTECH

Gevo , a startup which is developing renewable chemicals and biofuels technology, has filed for an IPO, according to an S-1 filing by the firm Thursday afternoon. Gevo--which is now based in Englewood, Colorado--was started in Pasadena, and has licensed technology from both the University of California, Los Angeles, and Caltech.

CalTech 210
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Indi Molecular Raises $11.5M

socalTECH

Culver City-based Indi Molecular , a developer of protein catalyzed capture agent (PCC) biotechnology being aimed in research tools, diagnostic agents, and PET imaging, has raised $11.5M in a Series A funding. Andreas Jurgeit from Merck Ventures and Dr. Darren Cai from Legend Capital will join the company's board with the funding.

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Southern California needs to find its hub for it to develop its own tech ecosystem

TechCrunch LA

The Alliance estimates that Southern California’s tech community could be one-third the size of Silicon Valley’s by supporting or further developing the six pillars it already has for innovation to occur. We’ve also seen a substantial inflow of venture capital from all over the world.”.