socalTECH

JANUARY 5, 2017

La Jolla-based Avidity Biosciences , a biopharmaceuticals developer focused on monoclonal antibody and siRNA-based therapeutics, said today that it has raised $16M in a Series B funding round. The round included $10M in new capital, combined with conversion of $6M in convertible debt. Avidity Biosciences is led by Troy Wilson.

CalTech 124

CalTech Equity Research Capital 124

socalTECH

SEPTEMBER 21, 2010

Taking notice of the gap between the amount and depth of research and technology at local universities, and new company formation, a new group has quietly formed in Los Angeles to tackle the issue. The group includes a number of experienced CEOs with experience raising venture capital as well as bringing companies to an IPO or exit.

Research 164

Research Tech Coast Angels Company Companies 164

Both Sides of the Table

APRIL 20, 2011

If you read this blog often you'll know that I'm a huge fan of First Round Capital. One example is that they introduced a program where their founders can pool together shares from their company and exchange them for a small portfolio of other First Round Capital companies. In 2008 they raised a much larger fund $132.5

Capital 284

Capital Venture Capital Technical Review Startup 284

socalTECH

SEPTEMBER 23, 2013

in a seed funding round. The funding was led by InterWest Partners, and also included a number of un-named angel investors. Caltech professor Jim Heath is a co-founder and board member of the startup, and the company has also licensed technology from the Scripps Research Institute. READ MORE>>.

Culver City 164

Culver City Startup CalTech Seed Funding 164

TechCrunch LA

DECEMBER 19, 2018

million in seed funding to begin building a manufacturing facility and expand its presence in Los Angeles as the city continues to grow as a hub for robotics and automation. . After about a year of research, the company launched with an initial investment of $1.2 Elementary Robotics has raised $3.6

Los Angeles 207

Los Angeles Angel Artificial Inteligence CalTech 207

TechCrunch LA

MARCH 22, 2018

We’ve also seen a substantial inflow of venture capital from all over the world.”. Our research revealed a saturation level causing unprecedented challenges, starting with exorbitant housing prices and runaway operating costs that accelerate a startup’s “burn rate”—its monthly spending.

Southern California 224

Southern California Dollar Shave Club SoCal Develop 224

socalTECH

NOVEMBER 17, 2009

Pasadena-based FastSoft , a developer of Internet acceleration appliances based on research out of Caltech, has raised $950K in a debt funding, according to a regulatory filing by the firm. No details on the funding have been announced by the firm. READ MORE>>.

CalTech 140

CalTech Miramar IP Pasadena 140

socalTECH

OCTOBER 1, 2010

Gevo , the Caltech spinoff developing biofuels processing technology, said last week that it has completed its acquisition of a biofuels plant in Luverne, Minnesota. Gevo's technology is based on research developed out of Caltech, although the firm is now located in Colorado. READ MORE>>.

CalTech 133

CalTech UCLA SoCal Southern California 133

socalTECH

JANUARY 19, 2011

Gevo , the biofuels startup spawned out of technology from the University of California, Los Angeles and Caltech, has set an offering range for its IPO. Gevo is venture backed by Khosla Ventures, Virgin Green Fund, Total Energy Ventures, Burrill Life Sciences Capital Fund, Malaysian Life Sciences Capital Fund, and LANXESS, among others.

Westlake Village 145

Westlake Village CalTech UCLA Southern California 145

socalTECH

OCTOBER 6, 2011

Azusa-based Contour Energy Systems , the developer of battery technology based on research from Caltech, announced this morning that it has raised $20M in a Series C funding round. The company said it added new investor SBI Jeffries Asia Fund L.P. as a new investor in the round. Venture Partners. READ MORE>>.

Azusa 133

Azusa CalTech Research Capital 133

socalTECH

MARCH 15, 2010

Azusa-based CFX Battery , the stealthy Caltech battery spinoff, said today that it has renamed itself Contour Energy , and emerged out of stealth mode. Tags: battery contour energy stealth mode advanced materials caltech chemistry. The firm--fresh off $14.2M The firm--fresh off $14.2M READ MORE>>.

CalTech 160

CalTech Azusa Outsource Development Study 160

socalTECH

DECEMBER 21, 2010

Bolingbrook, Illinois-based Elevance Renewable Sciences , a developer of ingredients for use in personal care products, detergents, lubricants and other specialty chemicals and fuel markets, based on renewable feedstock, has raised $100M in funding, the firm said Tuesday. Materia, TPG, and Cargill were the original investors in Elevance.

CalTech 145

CalTech Pasadena Research Funding 145

Both Sides of the Table

AUGUST 14, 2009

Very few people fund individuals. Go research it. Professional angels / former entrepreneurs / seed funds – In Silicon Valley there are people like Ron Conway, Jeff Clavier, Mike Maples and many more. It is also the best thing to send in advance see here. Team: You need a team. but the point is the same.

Angel 291

Angel Funding Venture Capital Startup 291

Tech Zulu Event

JULY 8, 2011

This Spotlight takes place Thursday, July 14, at The California Institute of Technology (CalTech). Where: CalTech 1200 E California Blvd Pasadena, CA 91125. The Caltech Entrepreneurship Club is the hub for innovators in the Caltech community who want to learn how to make their idea a reality. Event Details. to 9:30 p.m.

CalTech 100

CalTech Technical Review Company Companies 100

Xconomy

SEPTEMBER 5, 2018

But a new venture capital firm led by industry veterans is trying to cast the City of Angels in a new light. Westlake Village BioPartners is launching today with $350 million in committed capital. Los Angeles has long been in San Francisco’s shadow when it comes to life sciences investment.

Westlake Village 73

Westlake Village Los Angeles Angel Venture Capital 73

socalTECH

DECEMBER 8, 2010

Culver City-based Sofie Biosciences , a firm developing agents and devices for molecular imaging, said today that it has raised $2M in funding. The firm said the new funding is its first institutional and large corporate financing for the firm. The round came from Cycad Group and other investors. READ MORE>>.

Culver City 145

Culver City UCLA CalTech Research 145

socalTECH

JULY 16, 2013

One of those high profile neighborhoods here is Pasadena, home of Idealab, Caltech, OpenX, and many other high tech companies and institutions. Because of that, I formally reached out to Caltech, Idealab, the Art Center College of Design, and all the CEOs I knew running tech companies out here. We were at ground zero.

Pasadena 242

Pasadena Santa Monica CalTech Technical Review 242

socalTECH

MARCH 16, 2010

Earlier this month, Azusa-based CFX Battery , a stealthy battery technology spinout from Caltech, announced it had raised a new round of funding worth $14.2M. How did Contour Energy spin out of Caltech? As a result, in 2007, our three lead investors -- including CMEA Capital, U.S.

CalTech 168

CalTech Technical Review Azusa Venture Capital 168

socalTECH

DECEMBER 16, 2010

Monrovia-based Ondax , a developer of optical filters and laser sources based on research out of the California Institute of Technology, has raised $2M in a Series E investment. According to the Pasadena Angels, one of the investors in the firm, the round also included the Tech Coast Angels and un-named venture capital firms.

Tech Coast Angels 159

Tech Coast Angels Pasadena Angels Pasadena Monrovia 159

socalTECH

MAY 2, 2013

Despite a growing technology industry here in Southern California, local investors and entrepreneurs tell us there''s still a shortage of local, venture capital. In particular, funding for companies developing deep technology--software and cloud, as opposed to content and media--seems to be lacking. How did the new fund come about?

Invest 159

Invest Technology Startup Venture Capital 159

socalTECH

AUGUST 24, 2010

It's been a good summer for Laguna Beach-based venture capital firm Okapi Ventures (www.okapivc.com), which recently saw its first portfolio firm exit last month in Carlsbad-based Helixis , which was acquired by Illumina for $105M. So what's going on with the fund nowadays? Interesting. Marc Averitt: We're just plugging away.

Startup 185

Startup Southern California Ideas Research 185

socalTECH

JULY 22, 2011

Elevance Renewable Sciences , the spinout of Pasadena-based Materia , has scored $50M more in a funding round, according to a regulatory filing by the firm this week. Elevance spun out of Materia in March of 2008, and had previously raised at least $140M in funding.

Pasadena 153

Pasadena Research Funding Technology 153

Tech Zulu Event

MARCH 4, 2014

Mike Swords – Executive Director of Strategic Research Initiatives and Global Partnerships, UCLA. “Sustainability is about developing an investment focus around social economic benefits that occur from capital solutions. Government Funding and Cleantech. Ian Harris - VP of Partnerships, LA Cleantech Incubator.

UCLA 99

UCLA Technical Review Software Review Incubator 99

socalTECH

JANUARY 11, 2017

Those will be supplied to big companies, to research and development labs, and university folks, to get them working with our technology, which we think will change the landscape. How did a startup like yours go from that research to a product without millions and millions invested in semiconductor infrastructure?

Startup 100

Startup Southern California UCLA Incubator 100

SoCal Delicious

AUGUST 28, 2012

Venture capital. MYTH 2: Silicon Valley companies will always have the best shot at funding. MYTH 4: Research institutions are stronger in NorCal. Arguably the greatest research and development nexus in the United States rests in the area spanning San Diego to Los Angeles. Editor’s picks. Featured stories.

Southern California 57

Southern California PHP Technical Review Orange County 57